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Peninsula Ashok Towers

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Parel, Mumbai, Maharashtra 400012

By Peninsula Land Ltd

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Ready to Move
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Unit Configuration
2, 1, 3, 4 BHK
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Water Supply
Borewell
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Units
782
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No. of Towers
4
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Project Area
18.00 Acres
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Peninsula Ashok Towers Floor Plans

Amenities in Peninsula Ashok Towers

Security
Rain Water Harvesting
CCTV Camera
Power Backup
Sewage Treatment Plant
Fire Safety
Waste Management

About the Peninsula Ashok Towers

Peninsula Ashok Towers is a prominent residential complex located in Parel, Mumbai. Spanning an expansive 18 acres, this development is notable for its considerable scale and modern architecture. The complex comprises four towers, each rising to an impressive height of 30 floors. These high-rise buildings collectively house a total of 550 residential units, offering a variety of living spaces to accommodate different preferences and needs.

Strategically situated in Parel, a well-known and bustling area of Mumbai, Peninsula Ashok Towers benefits from its prime location. Parel is a region that combines both historical significance and contemporary appeal, with a mix of commercial and residential areas. This makes it an attractive place for those who wish to live in a dynamic and vibrant part of the city.

What is the Age of the Building at Peninsula Ashok Towers?

Completed in 2009, Peninsula Ashok Towers is 14 years old.

Why Buy a Property in Parel, Mumbai?

Parel, once a serene harbour hamlet surrounded by mills, has transformed into a bustling embodiment of Mumbai's ever-evolving dynamism. Straddling the line between Lower Parel, the city's bustling business nucleus, and Sewri, a charming coastal district, Parel is a tapestry of historic allure and modern lifestyle, connected seamlessly with the rest of the city. Today, this strategically positioned area is a mosaic of opulent residential developments, heritage landmarks, and vibrant leisure zones, making it an alluring destination for discerning residents.

Enhanced Connectivity: A Gateway to Everywhere Parel stands as a nexus of connectivity with several key transit points:

  • CST Railway Station: Serving as a pivotal rail hub, it connects residents to Mumbai's diverse suburbs and the heart of the city.

  • Monorail Station: This modern transit system links Parel with key areas like Wadala and Jacob Circle, streamlining city commutes.

  • Eastern Freeway: A swift arterial road, offering expedited travel towards key destinations like Thane and Navi Mumbai.

Future Connectivity Developments: Parel is on the cusp of a major connectivity leap with upcoming projects:

  • Metro Line 4 (Completion in 2024): This line promises to bridge Parel with Wadala, Thane, and Kasarvadavli, enhancing north-south transit.

  • Metro Line 12 (Operational by 2025): Set to connect Parel with Kalyan, this line will further improve east-west travel corridors.

  • Sewri-Nhava Sheva Coastal Road: An ambitious project set to dramatically cut down travel times to Navi Mumbai and the airport.

Real Estate Dynamics: The Value of Location: The real estate landscape in Parel is as varied as its history, with prices influenced by property type, amenities, and location:

  • Luxury Apartments: Presently priced between Rs.12,000 to Rs.20,000 per sq. ft.

  • Mid-range Apartments: Available in the range of Rs.8,000 to Rs.12,000 per sq. ft.

  • Independent Houses: Commanding prices between Rs.15,000 to Rs.25,000 per sq. ft.

Amenities at Peninsula Ashok Towers 

Your Outdoor Adventure Awaits: Begin your day with a refreshing jog or a stroll on the track, set amidst lush greenery. Serve up some excitement on the tennis courts, perfect for both beginners and pros. Dive into the cool waters of the swimming pool for a rejuvenating swim, or unleash your competitive spirit at the multipurpose courts. 

Find Your Zen and Energy Indoors: The indoor facilities are a sanctuary for your fitness and relaxation. From a state-of-the-art gymnasium to an engaging games room, there's something for every mood. Let the rhythm move you in the aerobics room or find a moment of peace in the meditation area. These spaces are your go-to for fitness, fun, and unwinding, all under one roof.

Your Personal Haven of Comfort and Safety: Experience the tranquillity of your private terrace or garden, an oasis of calm in your busy life. Relish the convenience of uninterrupted power, reliable lifts, and robust security systems. Enjoy serene walks in the park, hassle-free parking for you and your guests, and the assurance of living in a safe, well-maintained environment. 

Seamless Living with Premium Services: Elevate your living experience with our dedicated maintenance staff, always ready to assist. Enjoy the luxury of concierge services, streamlined utilities like piped gas, and ample water storage. Embrace the harmony of a Vaastu-compliant space, smart waste disposal solutions, and state-of-the-art fire-fighting equipment. These amenities ensure your home is not just a place to live, but a seamless, worry-free experience.

Where Community Meets and Fun Begins: Discover the heart of our community in the banquet hall, the perfect venue for your celebrations. Engage your kids in exciting activities at the club, or indulge in some quiet time at the library and business centre. Shop at your convenience at our retail boulevard, and connect with peers in the conference room. This is where neighbours become friends, and every day brings a new opportunity to connect and enjoy.

Peninsula Ashok Towers Floor Plan and Price List

Configuration

Carpet Area

1 BHK

307 sq. ft.

2 BHK

716 - 877 sq. ft.

3 BHK

1443 - 1479 sq. ft.

4 BHK

1271 - 1728 sq. ft.

5 BHK

2384 sq. ft.

Peninsula Ashok Towers: Address and Location Advantages

Connectivity at Your Doorstep: Imagine stepping out of Peninsula Ashok Towers and finding yourself just a stone's throw away from key transportation links. The Parel Village Bus Stop and Cotton Green Railway Station, both only 0.2 km away, make your daily commute a breeze.

Thrive in Mumbai's Bustling Business Landscape: Nestled within the heart of the city, Peninsula Ashok Towers positions you just a short drive from major commercial hubs. Mindspace Malad and Nirlon Knowledge Park, located 20.3 km and 17.5 km away respectively, are bustling centres of business and innovation. Living here means being part of a vibrant professional community, where opportunities are always just around the corner.

Educational Excellence within Your Reach: Peninsula Ashok Towers is surrounded by esteemed educational institutions, making it an ideal location for families. KMS Dr. Shirodkar High School and Dr Shirodkar High School, both in Parel and less than 0.4 km away, offer quality education. Additionally, the Lalbaugcha Raja Sarvajanik Ganeshotsav Library, JBCN International School, and DSB International School in Lower Parel are all within 1 km, ensuring your children have access to top-notch learning environments.

Healthcare Facilities Nearby: The proximity of Peninsula Ashok Towers to several hospitals is a testament to the convenience and care available to its residents. ESI Mahatma Gandhi Memorial Hospital in Krishna Nagar is just 0.36 km away, followed by Global Hospitals in Parel at 0.39 km. Desai Memorial Hospital, also in Parel, is a mere 0.47 km away. These nearby healthcare facilities provide peace of mind, knowing that medical assistance is always within reach.
Peninsula Land Ltd is famous for their well-planned societies like Peninsula Ashok Towers in Mumbai. If you have always wanted to be part of a vibrant and well managed society, this is the best option for you. There is ample parking facility for bike in this society, your vehicle will be fully protected and safe here. Being sustainable as a society is very important, we have started by having a rainwater harvesting in the society. Working from home is convenient as this society has reliable power back up. In line with the government mandate, and the best practises, there is a waste treatment plant on the premises. Security is a priority in this society, the premises is secured with cctv at all critical points. From fire safety to general safety, this society has thought of it all. If you are a frequent traveller, then you'll be happy to note that train station is less than 10 minutes from this house. With Bharat Stores, Baile -de- Saln and Art of Living Yoga & Meditation Center close to this home, you'll be able to provide your children with many options to choose from. Being situated near B.Y.L. Nair Charitable Hospital, K B H Bachooali Charitable Ophthalmic & ENT Hospital and N M Medical Centre - Dr Shah Nilesh, emergency care is very easily available at any time. With Deepak Talkies, The Hub & Hindmata Gold Cinema close by, you can catch your favourite movies running & never worry about missing a show because of traffic. Never miss out on lifestyle as Good Earth, High Street Phoenix and Penguin are so close by. Access to bus station & pharmacies is very easy & convenient from this house.

About Locality

Overview

Parel is a premium residential and commercial locality situated in South-Central Mumbai, bordered by Dadar, Prabhadevi, and Sewri. The pin code of Parel is 400012. This neighborhood features high-rise residential towers housing corporate professionals and families, with landmarks like ITC Grand Central nearby. Residents frequently use JBCN International School and KEM Hospital for their daily needs. Acharya Atre Chowk Metro Station on Aqua Line 3 is located 2.5 km away. Dr. Ambedkar Road links the area, keeping Parel Railway Station just 5 minutes away. In 2026, average property rates range from Rs. 32,000 to Rs. 48,000 per sq ft, dominated by multi-story apartments that attract buyers working in nearby commercial hubs.

What's Good

What's Good in Parel

  • KEM Hospital provides excellent healthcare services to residents within the locality.
  • JBCN International School offers high quality education options close to residential complexes.
  • Dr. Ambedkar Road allows quick travel to southern and northern parts of Mumbai.
  • Parel Railway Station links residents directly to the Central Line train network.
  • Lalbaug Market nearby offers fresh vegetables and daily household goods at reasonable rates.

Sale

Buy/Invest As of August 22, 2026, the property rate in Parel ranges between Rs. 32,000 to Rs. 48,000 per square foot for apartments.
LocalityProperty Price per sq ft*
Parel mumbaiRs. 32,000 to Rs. 48,000
*The property rate is subject to change.

Why Should One Buy Property in Parel mumbai

  • High rental demand near Peninsula Business Park provides consistent rental yields for investors.
  • The upcoming CSMT-Kurla 5th and 6th Line Project will boost local property values.
  • Steady capital appreciation makes apartments on Dr. Ambedkar Road a secure long-term investment.
  • Short distance to Dadar commercial district drives continuous buyer interest in the area.
  • Modern high-rise projects in Parel attract premium buyers looking for luxury housing options.

Rent

As of August 22, 2026, the rental cost in Parel is between Rs. 25,000 and Rs. 95,000 monthly for 1 to 3 BHK apartments.
ConfigurationAverage Rental Rate*
1 BHK for rentRs. 25,000 to Rs. 40,000
2 BHK for rentRs. 45,000 to Rs. 65,000
3 BHK for rentRs. 70,000 to Rs. 95,000
*The rental rate is subject to change.

Why Should One Rent a House in Parel mumbai

  • Tenants enjoy quick travel times to offices located inside Kamala Mills Compound daily.
  • Families benefit from living within walking distance of JBCN International School in Parel.
  • Easy access to KEM Hospital provides peace of mind for families with elderly members.
  • Living near Parel Railway Station simplifies daily travel across the central railway line.
  • Short distance to High Street Phoenix offers excellent weekend dining and shopping options.

Price Trends

Parel remains a highly sought-after residential hub in South-Central Mumbai, driven by its closeness to major corporate offices. The residential market has shown steady growth, with property values experiencing a 1.4% appreciation over the past year. Buyers can expect average purchase prices to range between Rs. 32,000 and Rs. 48,000 per sq ft. Meanwhile, the rental market continues to perform well, showing a 6.4% annual increase. Monthly rental rates for typical apartments range from Rs. 25,000 to Rs. 95,000 depending on the configuration. High demand from working professionals keeps the market active. (* As of August 22, 2026)

Best of the Locality

p>Here are some of the important landmarks holding historical and cultural importance:

  • Lalbaugcha Raja Temple: This famous temple attracts millions of devotees during the annual Ganesh Chaturthi festival. Visitors come to seek blessings and witness the grand celebrations. It remains a major cultural landmark in the neighborhood.
  • Haffkine Institute: This historic research institute is one of the oldest biomedical research organizations in India. It features a fascinating museum showcasing scientific history and medical advancements. Visitors can learn about plague vaccines and historical scientific achievements here.
  • Nardulla Tank Maidan: This local park serves as a green space for residents to walk and exercise. Children use the playground for evening sports like cricket and football. It is a peaceful spot away from the busy main roads.
  • ITC Grand Central: This luxury hotel features beautiful colonial-style architecture inspired by old Bombay. Visitors come here to experience fine dining at its award-winning restaurants. It offers a premium leisure experience in the heart of the locality.
  • Sewri Fort: Located a short distance away, this historical fort offers scenic views of the mudflats. Visitors gather here during winter to watch migratory pink flamingos. It is a popular spot for history enthusiasts and photographers.

Tata Memorial Hospital is a prominent landmark in Parel. Some more include:

  • KEM Hospital
  • Wadia Childrens Hospital
  • M D College
  • Parel Post Office
  • Lalbaug Flyover

Infrastructure

Road Connectivity

Parel is well-connected through Dr. Ambedkar Road and the following roads:

  • Senapati Bapat Marg
  • Acharya Donde Marg
  • Jerbai Wadia Road
  • Jagannath Bhatankar Marg

Public Transport

Acharya Atre Chowk Metro Station on the Aqua Line 3 is the closest public transit option, located 2.5 km away. Some more include:

  • Science Museum Metro Station, Aqua Line 3, 3.1 km
  • Parel Railway Station, Central Line, 0.5 km
  • Prabhadevi Railway Station, Western Line, 1.2 km
  • Parel Workshop Bus Station
  • KEM Hospital Bus Stop

Proximity to Airport and Railway Station

The nearest railway station and airport are Parel Railway Station, which is located 0.5 km away, and others:

  • Chhatrapati Shivaji Maharaj International Airport, 14.5 km
  • Dadar Railway Station, 2.2 km
  • Mumbai Central Railway Station, 5.8 km

Schools and Colleges

Parel is well-equipped with numerous top educational institutions, such as JBCN International School and M D College of Arts, Science and Commerce, along with:

  • Savitribai Phule Gender Resource Centre
  • R. A. Podar College of Commerce and Economics
  • Seth G.S. Medical College

Hospitals and Medical Facilities

Some reputed healthcare places near Parel include Tata Memorial Hospital, and others:

  • KEM Hospital
  • Bai Jerbai Wadia Hospital for Children
  • Gleneagles Hospital
  • Global Hospitals Mumbai

Shopping outlets

You can access High Street Phoenix and Palladium Mall easily from Parel mumbai. Some more include:

  • Nakshatra Mall
  • Star Mall
  • Lalbaug Market

These localities are located around Parel:

  • Dadar
  • Prabhadevi
  • Sewri
  • Wadala
  • Lalbaug
  • Chinchpokli

Here are some of the major employment centres near Parel:

  • Peninsula Business Park
  • Peninsula Corporate Park
  • Urmi Estate
  • Kamala Mills Compound
  • Lodha Excelus

The popular landmarks within Parel are:

  • ITC Grand Central
  • Haffkine Institute
  • Lalbaugcha Raja Temple
  • Nardulla Tank Maidan

Peninsula Ashok Towers - Neighbourhood

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Frequently Asked Questions

Where is Peninsula Ashok Towers located?

Peninsula Ashok Towers is situated in a wonderful neighborhood of Parel. The area is an ideal place to shift in Mumbai because of its excellent connectivity and vicinity. It is well connected and close to a variety of public amenities and public transportation.

Good connectivity and the pristine vicinity make Peninsula Ashok Towers one of the best place to move in Mumbai. All kinds of public transport and amenities are easily accessible from here. It is also located close to schools, airports, and restaurants, thus ensuring that your family's many needs are taken care of.

What is the available Apartment size in Peninsula Ashok Towers?

Peninsula Ashok Towers has apartments in 2 BHK, 1 BHK, 3 BHK, 4 BHK configurations making it the perfect and ideal home for families and bachelors. The apartments here have spacious rooms with proper ventilation which allows fresh air and light into your rooms. The Balcony/window provides scenic views and sunlight, a perfect combination to let go of the day's stress.

What is the price range of Peninsula Ashok Towers of Parel?

The Peninsula Ashok Towers apartments come at an incredibly reasonable prices. The price of apartments ranges from 0 - 0. Considering the area, amenities and facilities provided the prices are highly feasible, cost-effective, and convenient.

The Peninsula Ashok Towers offers once-in-a-lifetime deal. Its prices and excellent listings are pretty reasonable compared to the developed area and other buildings in the locality.

Where to download the Peninsula Ashok Towers brochure?

The brochure is the best way to get detailed information regarding an apartment. You can download the Peninsula Ashok Towers brochure from the website. You can also contact the NoBroker team for brochures and more information regarding the property.

Downloading the brochure is the best way to get detailed information on the apartment. You can easily download the brochure and get the necessary details about Peninsula Ashok Towers. You can also connect with the experts of the NoBroker team to gain some valuable insights on the project.

Where to download the Peninsula Ashok Towers floor plan?

The floor plan of the Peninsula Ashok Towers is available. You can download the complete brochure to know everything about the apartment, which also covers its floor plan.

The floor plan can give the perfect layout of a building and thereby, a good understanding of how the homes will turn out to be. The available floor plans at Peninsula Ashok Towers include 2 BHK, 1 BHK, 3 BHK, 4 BHK apartments. You can also compare the different floor plans to get a better idea of the building and then choose an apartment that best meets your requirements.

What is the nearest landmark to Peninsula Ashok Towers residential project?

The nearest landmark to Peninsula Ashok Towers residential project is Parel.

What amenities are available at Peninsula Ashok Towers residential project?

Peninsula Ashok Towers residential project offers a range of amenities including a swimming pool, gym, children's play area, clubhouse, and more. Downloading the brochure is a great way to obtain comprehensive information about the project's amenities.

Does Peninsula Ashok Towers residential project have covered car parking?

Yes, Peninsula Ashok Towers residential project offers covered car parking for the residents. You can also download the brochure to get all the relevant information about amenities within the project.

Which banks can approve loans for Peninsula Ashok Towers residential project?

Many major banks offer home loans for Peninsula Ashok Towers residential project, including HDFC, ICICI, SBI, and more. Additionally, NoBroker provides comprehensive home loan services to streamline your financing needs for this project. With NoBroker's assistance, you can explore a range of home loan options, making it easier to secure the funding you require for your investment in Peninsula Ashok Towers residential project.

Is a transportation facility easily available near Peninsula Ashok Towers residential project?

Yes, there are good transportation facilities available near Peninsula Ashok Towers residential project, including bus stops and railway stations in close proximity. To learn more about the educational, medical, and entertainment hotspots around the project, you can download the brochure.
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