Ashok Towers Parel, Mumbai
₹7.63 Cr - 26.99 Cr
₹18,551 Per Sq. Ft.
Estimated Rent: ₹1.6L – ₹5.5L/month
Square Yards experts are actively closing deals
About Ashok Towers, Parel by Peninsula Land
Ashok Towers, strategically located in Parel, offers unparalleled living experience with its state-of-the-art amenities and specifications. Nestled in a prime area, this project provides ease of access to Eastern Express Highway and N M Joshi Marg, making it an ideal choice for those seeking a blend of luxury and convenience. With a wide range of unit options available, including 2, 3, 4, and 5 BHK apartments, each measuring between 1090 to 3855 square feet, the project offers something for everyone.
The project boasts an impressive list of amenities, including a gymnasium, power backup, 24 x 7 security, party hall, and rainwater harvesting. The residences are meticulously designed with high-quality finishes, featuring acrylic emulsion on walls and vitrified tiles on the flooring. Whether you re looking for a lavish retreat or a comfortable abode, Ashok Towers has got it all. With its unbeatable location and avant-garde amenities, this project is sure to impress even the most discerning residents.
Don t miss out on this opportunity to invest in a luxurious residential property with Ashok Towers. Contact us today to schedule a viewing and make your dream home a reality.
Available Unit OptionsThe following table outlines the available unit options at Ashok Towers:
| Unit Type | Area (Sq. Ft.) | Price (Rs.) |
| 2 BHK Apartment | 1090 | 7.63 Cr |
| 2 BHK Apartment | 1400 | 9.80 Cr |
| 3 BHK Apartment | 1915 | 13.41 Cr |
| 3 BHK Apartment | 2130 | 14.91 Cr |
| 4 BHK Apartment | 2265 | 15.86 Cr |
| 4 BHK Apartment | 2395 | 16.77 Cr |
| 5 BHK Apartment | 3855 | 26.99 Cr |
- KMS Dr Shirodkar High School is just 0.35 km away, catering to the educational needs of residents.
- Maru Hospital is 0.23 km away, ensuring timely medical attention in case of an emergency.
- Parel Post Office is 0.22 km away, providing easy access to postal services and communication networks.
- ITC Grand Central is 0.10 km away, offering luxurious accommodations for guests and visitors.
- Phoenix Palladium is 1.47 km away, offering a range of shopping and dining options.
- Modi Business Centre is 0.22 km away, providing a hub for business and entrepreneurship.
We have total 27 options available in Ashok Towers for resale and rental, In resale we have 15 properties available ranging from 2 BHK - 3 BHK having sizes from 4.80 CR - 10.25 CR
For rent you can check 12 properties having options for 2 BHK - 3.5 BHK with price ranging from 1.50 L - 1.70 L.
| Listing Type | Total Listings | Unit Type Range | Price Range |
| Resale | 15 | 2 BHK - 3 BHK | 4.80 CR - 10.25 CR |
| Rental | 12 | 2 BHK - 3.5 BHK | 1.50 L - 1.70 L |
The real estate market is seeing substantial activity, with government-registered transactions offering a glimpse into the current trends. Over the past three months, the rental rate has remained at 67.41, while the current rate sits at 24,145. The sales pace has picked up during this period, with 6 government-registered transactions completed, contributing to a gross sales value of 7 Cr. Furthermore, the six-month window reveals a consistent rental rate, now at 24,145, with a steady increase in sales transactions, totaling 9, and a combined gross sales value of 15 Cr. The one-year perspective offers a broader picture, with the rental rate still at 67.41 and the current rate remaining unchanged at 24,145. The sales transactions during this period have reached 11, resulting in a gross sales value of 17 Cr, indicating a thriving market with consistent demand.
Ashok Towers Floor Plans and Pricing
2 BHK Apartment - 1400 sq. ft. (Saleable)
3 BHK Apartment - 1915 sq. ft. (Saleable)
3 BHK Apartment - 2130 sq. ft. (Saleable)
4 BHK Apartment - 2395 sq. ft. (Saleable)
4 BHK Apartment - 2265 sq. ft. (Saleable)
5 BHK Apartment - 3855 sq. ft. (Saleable)
Government Registrations in Ashok Towers
3 Sales Transactions Registered in Ashok Towers From Nov 25 to Oct 26 at Avg. Price ₹ 23.5 K/Sq.Ft.
No Square Yards registrations available for this project yet.
Ashok Towers Price Trends and Market Insights
Price Trends
Ashok Towers's average asking price is cooling quarter-on-quarter, compared with Parel.
- Current asking price
- ₹ 47,650/sq.ft.
- Quarter over quarter price change
- -4.5% QoQ
Comparable Projects
Ashok Towers avg. price is ₹ 47.6 K/Sq.Ft. compared to Parel at ₹ 46.2 K/Sq.Ft.
Rentals
Monthly Rent in Ashok Towers ranges from ₹ 1.6 L to ₹ 5.5 L with options available for 2,3,4,5 BHK units
Recent Updates
Get the latest price and market updates for Ashok Towers.
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A total of 3 residential transactions has been registered so far for Ashok Towers, amounting to ₹ 4 Cr till October 2026.
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BMC Floats Tender for ₹13,000 Crore Flood Mitigation Plan
BMC has initiated a tender process to appoint a consultant for a comprehensive ₹13,000-crore flood-mitigation master plan. This plan aims to tackle Mumbai's chronic monsoon waterlogging by upgrading drainage infrastructure, enhancing pumping capacity, improving flood warnings, and incorporating nature-based solutions.
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Rent in Ashok Towers ranges from ₹ 80 K to ₹ 6 L with options available for 1 BHK, 2 BHK, 3 BHK, 4 BHK, 5 BHK.
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During Q2'2026, average property prices for Ashok Towers moved from ₹ 49,800/sqft to ₹ 49,900/sqft, reflecting a 0.20% rise.
Govt. Registrations
3 Sales Transactions Registered in Ashok Towers From Nov 25 to Oct 26 at Avg. Price ₹ 23.5 K/Sq.Ft.
Transaction Period Nov 25 to Oct 26
Resale & Rental Listings in Ashok Towers
Explore resale and rental listings currently available in Ashok Towers, Mumbai.
Master Plan, Photos, Videos & Brochure of Ashok Towers
Explore the master plan, project photos and walkthrough videos of Ashok Towers to understand the overall layout, tower placement, amenities, landscaped spaces and key highlights before making your buying decision.
Master Plan 1
- Ashok Towers is a mixed-use development located in Mumbai South, Mumbai, integrating residential towers with commercial and hospitality buildings. It features a clear road network and emphasizes open spaces for residents.
- Around 45%-55% of the plot is green, anchored by a Central Green Area and Extensive Green Spaces, so homes benefit from views of natural surroundings.
- The open area covers 55%-65% of the plot, providing ample room for residents to enjoy the outdoors beyond just green patches.
- Only 15%-25% of the plot has been built on, so homes here get more air and light than in a tightly packed complex and residents see open space from their windows.
- The Eastern Express Highway is very close by and N M Joshi Marg is also nearby, making daily commutes and errands straightforward for residents.
- The Swimming Pool gives residents a place to cool off and relax within the community.
- The Clubhouse provides a central gathering point for social activities and community events.
- The Kids Play Area offers a dedicated outdoor space for children to play safely within the development.
- The five residential towers are arranged around a large central green space.
- Three towers are grouped on the eastern side, facing the main green expanse.
- Two towers stand on the western side, also overlooking the central green.
- Each tower is set back from the main internal road, providing some separation.
- Residents from all five towers can walk to the leisure pool located on the western side.
- The social gathering spot is centrally positioned, making it reachable for all homes.
- Children's play areas are close to the western towers, near the pool.
- The commercial and hospitality buildings are situated on the eastern edge, near the entry.
- Towers on the western side are buffered from DR. S.S. RAO ROAD by green areas.
- Homes facing the central green space will experience less noise from outside roads.
- The eastern towers are set back from PEDDER ROAD, offering some quiet.
- Residential units are generally separated from the commercial buildings by open areas.
- The spacing between the five residential towers allows for good light penetration.
- Homes generally look out onto the large central green area, providing open views.
- Gaps between the eastern tower group ensure air movement and natural light.
- The layout prevents direct views into neighboring units, enhancing privacy.
- A clear road loops around the central green, guiding cars to all residential towers.
- Walking paths connect the towers to the central green and other facilities.
- Residents can easily walk between their homes and the leisure areas.
- The design separates walking areas from the main driving path where possible.
- The dedicated outdoor play space offers a safe spot for children to gather.
- Flat walking paths around the central green are suitable for older residents.
- The leisure pool provides a supervised area for family enjoyment.
- Residential towers are set back from main roads, reducing traffic concerns for families.
- A large, curving green space forms the heart of the residential area.
- Planted areas surround the residential towers, creating a natural setting.
- The green spaces provide a visual break between the buildings and roads.
- Open lawns offer residents areas for relaxation and outdoor activities.
- Cars enter the property from PEDDER ROAD on the eastern side.
- A single exit point on PEDDER ROAD manages departures from the complex.
- Parking is available along the internal road, close to the residential towers.
- The internal road system connects all parts of the property efficiently.
- This area offers a balanced environment with homes facing a large green area.
- The integration of commercial buildings provides convenient services for residents.
- The layout promotes a sense of community with accessible shared facilities.
- Living here provides a quiet retreat within the busy this area area.
This project delivers a home life that balances urban convenience with open surroundings. Families will find dedicated spaces for children to play, while all residents benefit from easy access to major roads for their daily travel. The emphasis on open areas makes this a refreshing choice for those seeking more breathing room in a city setting.
Download master plan of Ashok Towers to explore layout details in Parel, Mumbai.
Amenities & Specifications of Ashok Towers
Sports
- Gymnasium
- Swimming Pool
- Badminton Court(s)
- Tennis Court(s)
- Kids' Play Areas / Sand Pits
- Basketball
- Volleyball
- Yoga Areas
- Table Tennis
- Snooker/Pool/Billiards
Convenience
- Power Backup
- Treated Water Supply
- 24*7 Water Supply
- Lift
- Party Lawn
Specifications
- Master Bedroom-Walls
- Acrylic Emulsion
- Master Bedroom-Flooring
- Vitrified Tiles
- Other Bedrooms-Flooring
- Vitrified Tiles
- Walls
- Acrylic Emulsion
- Living Area-Flooring
- Vitrified Tiles
- Structure
- RCC Frame Structure
Location and Connectivity Around Peninsula Land Parel

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Trust & Verification
RERA Details of Ashok Towers
- Square Yards RERA Reg. A51800000454
How does Ashok Towers compare with similar projects?
Peninsula Land Track Record
Peninsula Land is a renowned real estate company in India with a rich legacy founded in 1871. The company is part of the Ashok Piramal Group and is dedicated to creating famous landmarks worldwide. They are one of the first real estate companies on the stock exchange. This shows that they follow good corporate governance and conduct business fairly and transparently. For over a century, they have been at the forefront of the construction industry, delivering exceptional projects and creating beautiful spaces for people to call home. The company’s commitment to quality, innovation, and customer satisfaction has established them as a trusted name in the real estate sector. Peninsula Land is a real estate company that handles various types of projects. They have ventured into retail, commercial, and residential developments. They have completed more than 8.3 million square feet of real estate projects. The Peninsula Land has become the preferred choice for home buyers and investors. Headquartered in Mumbai, Maharashtra, Peninsula Land operates across various cities in India, bringing real estate expertise and vision to diverse markets. As a company, Peninsula Land boasts a large-scale operation and a team of dedicated professionals who work with dedication to bring projects to life. The workforce is equipped with the knowledge and skills to ensure the successful execution of their ventures, from conceptualisation to completion. Behind Peninsula Land's success lies a team of visionary owners who contribute extensive experience and insights to the company. Their strategic guidance and deep understanding of the real estate landscape have been instrumental in shaping our growth and driving us towards new horizons. The trust and satisfaction of our customers fuel the company’s drive to raise the bar and exceed expectations continuously. They currently have around 3.3 million square feet under construction in cities like Mumbai, Bengaluru, Pune, Goa, Nashik, and Lonavala. Some notable landmarks created by Peninsula Land in Mumbai include the Peninsula Corporate Park, Crossroads, CR2, Ashok Towers, and Ashok Gardens.
Frequently Asked Questions About Ashok Towers
The project offers 2 BHK, 3 BHK, 4 BHK, and 5 BHK apartments with various area options.
The prices vary depending on the unit type and area, ranging from 7.63 Cr to 26.99 Cr.
The project features a range of amenities, including specifications on walls, flooring, and structure.
The developer, Peninsula Land, has a strong reputation with 32 completed projects.
Contact our team for an accurate calculation of the total cost, including customizations and additional features.
Ashok Towers stands out in Parel due to its Stunning apartments near Eastern Express Highway Mumbai. Near N M Joshi Marg for easy connectivity. Top-class amenities like 24 x 7 Security. State-of-the-art sports facilities like Gymnasium. Earth-friendly features like Rain Water Harvesting System., modern planning, and well-balanced density across 18 Acres. Developed by Peninsula Land, it combines thoughtful design, quality construction, and lifestyle-driven amenities, making it a compelling choice compared to other projects nearby.
Combined with Peninsula Land’s track record and the area's infrastructure growth, the project is well-positioned for long-term appreciation.
Ashok Towers is strategically located near major landmarks such as ESI Mahatma Gandhi Memorial Hospital, Krishna Nagar, R M Bhatt High School And Junior College, Parel, Phoenix Palladium, Worli, Siddhivinayak Temple, Dahisar East.
Yes, Ashok Towers offers a comprehensive range of amenities including Gymnasium, Swimming Pool, Power Backup, Treated Water Supply, 24 x 7 Security, CCTV / Video Surveillance, Party Hall, Clubhouse, Rain Water Harvesting, Sewage Treatment Plant. These typically include a swimming pool, gymnasium, and clubhouse, designed to enhance the overall living experience.
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (Regulation & Development) Act, 2016.