Table of content

About Reviews Map Infrastructure Compare Localities Things To Do Price Trends Discussions FAQs
Home / LocalityIQ / mumbai / parel

parel, mumbai

East Mumbai

Pincode- 400012

Compare Locality
Price Trends
Price Trends
Open in Map

About parel

Parel is a bustling residential area, situated in Mumbai's southern region. It is a sought-after neighborhood adjacent to several well-known areas like Dadar, Wadala, Dharavi, and Lower Parel. The Parel Pin Code is 400012. The area, once well-known for its textile mills, was a significant industrial center during the British colonial period. However, Parel steadily altered due to the loss of the textile sector. Today, it has developed into a mixed-use neighborhood that includes not just homes but also businesses, institutions of higher learning, and healthcare facilities. 

parel Reviews and Ratings (4 Reviews)

4.1

Food

4.1 out of 5

4

Parks

4 out of 5

4

Roads

4 out of 5

4.5

Safety

4.5 out of 5

4.5

Markets

4.5 out of 5

3.8

Parking

3.8 out of 5

4.4

Schools

4.4 out of 5

3.4

Traffic

3.4 out of 5

4.4

Hospitals

4.4 out of 5

4.4

Transport

4.4 out of 5

4.2

Cleanliness

4.2 out of 5

4.4

Neighborhood

4.4 out of 5

Whats good about parel

  • Prime location with modern amenities
  • Growing social and retail infrastructure
  • Excellent connectivity 
  • Religious significance

What can be improved about parel

  • Traffic congestion
  • Exorbitant property prices
  • Limited green spaces
  • Garbage management
Write a Review

It's a safe and well developed area with good transport options. The metro really eases out my commute to work. it also feels very vibrant during festivals.

I’ve rented my flat before and found steady tenant interest from professionals working in nearby offices. but the real problem is in beating traffic and lack of parking spaces

Parel is a rewarding area with good potential for long term investment. What I don't like now is the overcrowding and lack of open spaces. It feels congested and may impact the value later

The area is very safe and easy to live in. Markets and pharmacies are close by. the rent is a bit higher though

What information are you looking for about parel?

Thank you for sharing! This helps us provide better insights for your needs.

parel Map

parel Infrastructure

user profile

Physical Infrastructure of parel

Parel’s physical infrastructure has remained strong with various transportation networks.

Road Connectivity

The locality is well-connected via major roads and highways, like:

  • Eastern Express Highway
  • Acharya Donde Marg
  • Zakaria Bunder Road
  • Eastern Freeway
  • Shri Atal Bihari Vajpayee Trans Hbr Link

Public Transport

The nearest metro stations and bus stops are:

  • Siddhivinayak Metro Station, 2.5 km
  • Worli Metro Station, 3 km
  • Dadar Metro Station, 3 km
  • Wadia Hospital bus stop
  • Madkebuwa Chowk bus stop

Proximity to Airport and Railway Station

The nearest railway stations and airport are:

  • Lower Parel Railway Station, 2 km
  • Sewri Railway Station, 2.4 km
  • Chhatrapati Shivaji Maharaj International Airport, 17.8 km
user profile

Social and Retail Infrastructure of parel

Parel's social and retail infrastructure is robust and meets the varied demands of the locality’s inhabitants. 

Schools and Colleges in Parel

The area is home to various educational institutions, including: 

  • Podar Institute of Education
  • Parel English High School
  • JCBN International School
  • MD College of Arts, Science and Commerce
  • Mahatma Phule College
  • Mumbai Veterinary College

Hospitals and Medical Facilities in Parel

Parel is well-equipped with top-notch hospitals and medical facilities, like:

  • KEM Hospital 
  • Tata Memorial Hospital
  • Parel Hospital
  • Siddhachal Hospital

Shopping Outlets in Parel

There are many malls around the locality, like: 

  • Utopia City
  • High Street Phoenix
  • Atria The Millenium
  • SDM City
  • Pacific Plaza
user profile

Sub localities of parel

Some of the well-known and popular neighborhoods are:

  1. Parel Village
  2. Parel Tank Road
  3. Ambedkar Nagar
  4. Worli
  5. Prabhadevi
  6. Jerbai Wadia Road
  7. Bhoiwada
user profile

Top Employment Hubs in parel

Some of the top employment hubs in Parel include:

  • Peninsula Business Park, 3.1 km
  • Lower Parel, 3.1 km
  • Kamala Mills, 2.7 km
user profile

Popular Landmarks near parel

Nearby Locality Comparison

parel
Overall Locality Rating
4
Road Condition
3.8
Proximity to Schools & Hospitals
4.5
Traffic Congestion
3.6
Property Price Range ₹14,091 - ₹44,584
Growth in Property Prices (3 Yrs) +16,649.04 / +59.60%
Rent Price Range ₹76 - ₹89
Growth in Rent Prices (3 Yrs) +11.05 / +14.20%
Total Properties Available 260 properties available for sale and 60 properties available for rent
Did not find you locality? Search here

Situated In parel

Kanak Park Meridian Mystic Siddhartha Nagar Umiya Oasis Sector 13 Bhandarwada Bhoomi Legend Timber Green Home Hyde Park, Nisarg Nirman Developers Seven Eleven Apna Ghar Prem Nagar Wadhwa Wise City Sidhi Vinayak Nagar Kopar Khairane Navi Mumbai, Maharashtra Shabri Regency Sarvam Veena Saaz Kalachowki Beauty Heights Mulberry Meadows

Top Things to do in parel

Some of the Top Things to do in Parel are:

  • Shopping: Look for exciting treasures and good deals at crowded street markets and neighborhood stores. Alternatively, for a more upmarket shopping experience, go to Phoenix Palladium.
  • Nightlife: Go to Lower Parel to explore Parel's vibrant nightlife by stopping by chic clubs, pubs, and lounges that provide something for everyone. There are various options for a good chill-out session with your friends, including offices and eateries. 
  • Matterden CFC: See a movie in this elegant theater, one of Mumbai's original single-screen theaters. It has existed since 1926!
best places

Upcoming Events in Mumbai

Source: allevents.in

Khazana - A Festival of Ghazals (Silver Jubilee)

Khazana - A Festival of Ghazals (Silver Jubilee)

Jul 24

Regal Room, Trident Hotel: Mumbai

Daily Ka Kaam Hai By Aakash Gupta - Mumbai

Daily Ka Kaam Hai By Aakash Gupta - Mumbai

Jul 24

Sophia Bhabha Auditorium: Mumbai

Teerth Vitthal

Teerth Vitthal

Jul 24

Kashinath Ghanekar Natyagruha: Thane (W)

Manhar Udhas Live in concert

Manhar Udhas Live in concert

Jul 24

Mahakavi Kalidas Natyamandir: Mulund

Bolava Vitthal (Mumbai) - An Evening of Abhangs

Bolava Vitthal (Mumbai) - An Evening of Abhangs

Jul 25

Shanmukhananda Hall: Mumbai

Good Timing Ji

Good Timing Ji

Jul 25

The Habitat: Mumbai

Shankar Mahadevan in Mumbai

Shankar Mahadevan in Mumbai

Jul 25

The Grand Theatre

Abhang Rang

Abhang Rang

Jul 25

The Grand Theatre, NMACC

Apurva Nisshad, Hariharan in Mumbai

Apurva Nisshad, Hariharan in Mumbai

Jul 25

Dinanath Mangeshkar Natyagruha: Vile Parle

Vithu Namacha Gajar

Vithu Namacha Gajar

Jul 25

Dinanath Mangeshkar Natyagruha: Vile Parle

Abhangwari by Mahesh Kale - Mumbai

Abhangwari by Mahesh Kale - Mumbai

Jul 26

Shanmukhananda Hall: Mumbai

Aakash Mehta's Relapse a stand-up comedy show

Aakash Mehta's Relapse a stand-up comedy show

Jul 26

Backspace: Thane

The Yellow Diary Experience

The Yellow Diary Experience

Jul 26

The Grand Theatre, NMACC

Maharashtra Times Presents - Abhangwari

Maharashtra Times Presents - Abhangwari

Jul 26

Ravindra Natya Mandir: Mumbai

Shaurya Kargil Vijay Divas

Shaurya Kargil Vijay Divas

Jul 26

Vishnudas Bhave Natyagruha: Navi Mumbai

"Abhangvarsha" Marathi-Hindi Santvani Concert

"Abhangvarsha" Marathi-Hindi Santvani Concert

Jul 26

Yashwant Natya Mandir: Matunga

Property Price trends in parel

icon

Real Estate Market Trends and the Rental Demand in parel

The real estate market and commercial Parel property rates have seen remarkable home prices and rental demand hikes due to the area's central position, improved infrastructure, and closeness to business centers, making it a desirable investment choice. The development of Parel into a mixed-use community with contemporary facilities has also increased the value of its real estate. In addition, the presence of healthcare facilities and educational institutions draws professionals and students, adding to the cause of rental increment in the past few years. 

The average monthly rent ranges from Rs. 35,000 to Rs. 75,000, relatively affordable compared to neighbouring premium localities.

Configuration

Average Rental Rate*

1 BHK

Rs. 35,000

2 BHK

Rs. 52,700

3 BHK

Rs. 75,000

*Prices are subjected to change

Why Should One Rent a House in Parel?

  • Luxury lifestyle at premium rental apartments at low upfront cost
  • Close to major workplaces in nearby areas
  • Easy access to modern amenities, like gyms, clubs, cafes, and gardens
  • Close to top hospitals and malls nearby
  • Avoid heavy maintenance and registration costs
Price/Sq.ft:

-

Change: -

count

price

icon

Buy

260 Properties Available

icon

Rent

60 Properties Available

Recent Property Transaction

icon

47.25K

560.00 Sq.ft

icon

500.00K

42.75 Sq.ft

icon

19.00K

220.00 Sq.ft

icon

5.50L

468.23 Sq.ft

icon

17.00K

270.00 Sq.ft

icon

500

502.00 Sq.ft

icon

41.00K

405.00 Sq.ft

icon

13.50K

160.00 Sq.ft

icon

23.00K

268.00 Sq.ft

icon

10.00K

180.00 Sq.ft

Our Other Services in parel

icon

Home Cleaning

icon

Packers & Movers

icon

Painting

icon

Rental Agreement

icon

Pay Rent

Properties for Rent in parel

See All
image

1 BHK

SEMI FURNISHED

location Created with Sketch Beta. pearl heights, sitesh developers, abhyudinagar , Kalachowki, Abhyudaya Nagar, Parel, mumbai

Rent: ₹ 55,000

image

1 RK

NOT FURNISHED

location Created with Sketch Beta. Kuka Sadan, Parel, mumbai

Rent: ₹ 25,000

image

2 BHK

FULLY FURNISHED

location Created with Sketch Beta. B.M.MARG , Elizabeth Apartments, mumbai

Rent: ₹ 45,000

image

1 BHK

NOT FURNISHED

location Created with Sketch Beta. Ganesh Gully,, Parel, mumbai

Rent: ₹ 55,000

image

2 BHK

FULLY FURNISHED

location Created with Sketch Beta. Opposite Ambedkar Nagar Monorail station, Parel Village / Sant Gora Kumbhar Chowk, mumbai

Rent: ₹ 75,000

parel Handbooks

icon EuroKids Preschool Parel | Best Preschool In Parel

101 Ajinkyatara Chs, Parmar Guruji Rd, near Global Hospital, Parel East, Mumbai, Maharashtra 400012

Call

icon Brihanmumbai Municipal Corporation (BMC)

Gautam Nagar, Dadar, Mumbai, Maharashtra 400014

Call

icon RTO Mumbai Central

Bodyguard Ln, Mumbai Central West, Arya Nagar, Tulsiwadi, Mumbai Central, Mumbai, Maharashtra 400034

Call

icon Parel Post Office

174, Mahadev Palw Marg, Ganesh Gully, Parel, Mumbai, Maharashtra 400012

Call

icon Aadhar Card Center

sh no 6, Maha lakshimi sadan, St Paul St, Dadar East, Dadar, Mumbai, Maharashtra 400014

Call

icon Dadar Fire Station

4, Dr Babasaheb Ambedkar Marg, Old bdd chawl, Dadar East, Dadar, Mumbai, Maharashtra 400014

Call

icon Bhoiwada Police Station

Bhoiwada, Near Sadakant Dhavan, Opposite Sadakant, Dadar East, Dhavan, Mumbai, Maharashtra 400014

Call

icon Freshville

Shop No. 1 to 12 , Lucky Star CHS, B - Block, Jerbai Wadia Rd, opp. T B Hospital, Parel, Mumbai, Maharashtra 400012

Call

parel Discussion

start discussion

Start new discussion

Frequently asked Questions

Which part of Mumbai is Parel?

Parel, which is in Mumbai's South, is constantly in demand. The Lower Parel region is a significant commercial area with some of the most prestigious corporate houses.

Why is Parel famous?

The historical importance of Parel as a center of industry during the British colonial period has made it renowned. It was well-known for its textile mills and crucial to Mumbai's industrial growth. With a mix of residential and business areas available, Parel has developed into a contemporary and energetic neighborhood throughout the years, earning it renown as a famous district in Mumbai.

Is Parel a good area to invest?

Residential and commercial complexes from many renowned Mumbai real estate developers can be found in Lower Parel. This will be your finest alternative residentially and commercially if you want to invest in Lower Parel.

Is Parel a low-lying area?

Yes, Parel is one of the low-lying areas in Mumbai .

Is Lower Parel good for living?

Yes, Lower Parel is a highly upscale place to live with excellent housing options, first-rate retail centers and stores, and a ton of restaurants and bars around.

Blogs

image

Interior Design Cost in Mumbai for 1BHK, 2BHK, 3BHK & 4BHK Flats [full_year]

Buying an apartment or flat in Mumbai is one of the most expensive purchases in India. The metropolitan city, often known as the ‘city of dreams is a buzzing centre of business, and this ha

image

Mumbai Metro Line 1: Route, Map, Ticket Fare, Timings and Station list in [full_year]

Mumbai Metro Line 1 is the first metro route introduced in Mumbai, helping people travel quickly between Versova and Ghatkopar. The 11.40 km corridor has 12 stations and connects important

image

Mumbai Metro Line 3: Map, Station Lists, Fares and Nearby Areas to Live in [full_year]

Mumbai Metro Line 3, also known as the Aqua Line, is Mumbai's third metro line, managed by Mumbai Metro Rail Corporation (MMRC), built to speed up travel across the city. Connecting Aarey J

image

Professional House Painting Services in Kandivali, Mumbai

Interior painting must be functional. NoBroker's inside-home painting services provide stunning, long-lasting results. NoBroker's Mumbai interior painting contractors can help you save mone

image

Home Painting Services in Malad

Painting an interior space should serve a purpose. The interior painting services offered by NoBroker always produce beautiful, long-lasting results. The home painting contractors in Malad,

icons

Login / Sign up

Zero Brokerage.

Thousands of new listings daily.

100 Cr+ Brokerage saved monthly.

Enter phone to continue

Change Phone
Get updates on WhatsApp

Please tell us a bit about yourself so that we can assist you better

We’ve got your response

Our team will get back to you shortly!

Write a Review

You are a *

Tenant
Owner with rental property
Owner staying in own property
property investor
Visitor

Overall Ratings *

Commuting *

Public Transport

Parking

Traffic

Roads

Environment *

Neighbourhood

Safety

Cleanliness

Parks

Infrastructure *

Schools

Hospitals

Restaurants

Shopping

Write Review about locality *

parel Reviews

It's a safe and well developed area with good transport options. The metro really eases out my commute to work. it also feels very vibrant during festivals.

I’ve rented my flat before and found steady tenant interest from professionals working in nearby offices. but the real problem is in beating traffic and lack of parking spaces

Parel is a rewarding area with good potential for long term investment. What I don't like now is the overcrowding and lack of open spaces. It feels congested and may impact the value later

The area is very safe and easy to live in. Markets and pharmacies are close by. the rent is a bit higher though

Start new discussion

Back to feed