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Ashok Towers Parel, Mumbai

The project houses 2 BHK, 3 BHK, 4 BHK, 5 BHK Flats units, ranging from 1090 Sq.Ft. to 3855 Sq.Ft., spread across 18 Acres. Entry price is ₹ 7.63 Cr.
Ashok Towers Cover Image

₹7.63 Cr - 26.99 Cr

₹18,551 Per Sq. Ft.

Estimated Rent: ₹1.6L – ₹5.5L/month

Project Status
Ready to Move
Unit Config
2, 3, 4, 5 BHK Flats
Size
1090 to 3855 Sq. Ft.
Number of Units
730
Total Area
18 Acres
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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 Options

The following table outlines the available unit options at Ashok Towers:

Unit TypeArea (Sq. Ft.)Price (Rs.)
2 BHK Apartment10907.63 Cr
2 BHK Apartment14009.80 Cr
3 BHK Apartment191513.41 Cr
3 BHK Apartment213014.91 Cr
4 BHK Apartment226515.86 Cr
4 BHK Apartment239516.77 Cr
5 BHK Apartment385526.99 Cr
Nearby LandmarksThe residential property is strategically located near several notable landmarks, providing residents with easy access to essential amenities and services. These landmarks not only enhance the quality of life for residents but also offer a unique blend of convenience and comfort.
  • 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.
Listing Information

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 TypeTotal ListingsUnit Type RangePrice Range
Resale152 BHK - 3 BHK 4.80 CR - 10.25 CR
Rental122 BHK - 3.5 BHK 1.50 L - 1.70 L
Govt. Registered Recent Transactions

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

Floor plan of 2 BHK Apartment - 1090 sq. ft. in Ashok Towers, Mumbai

2 BHK Apartment - 1090 sq. ft. (Saleable)

Asking price
Price:₹ 7.63 Cr
Floor plan of 2 BHK Apartment - 1400 sq. ft. in Ashok Towers, Mumbai

2 BHK Apartment - 1400 sq. ft. (Saleable)

Asking price
Price:₹ 9.80 Cr
Floor plan of 3 BHK Apartment - 1915 sq. ft. in Ashok Towers, Mumbai

3 BHK Apartment - 1915 sq. ft. (Saleable)

Asking price
Price:₹ 13.41 Cr

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.

Registry Date Floor/Unit Tower/Wing Area Transaction
Value
Rate/Sq. Ft. Actions
Floor 10, Unit 1001 B-2 835 Sq. Ft.
Floor 1, Unit 102 B3 508 Sq. Ft.
Floor 7, Unit 704 A4 441 Sq. Ft.
Floor 9, Unit 904 B2 695 Sq. Ft.

Ashok Towers Price Trends and Market Insights

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

Overview about Ashok Towers
  • Ashok Towers is situated in Mumbai South, offering a premium residential environment close to Dadar and Shivaji Park. The development stands out for its massive central open space that provides a quiet retreat from the busy city. Residents enjoy a highly functional arrangement that integrates homes with commercial spaces and dedicated social zones.
Land Use and Density
  • Around 35%-45% of the plot is dedicated to green cover, anchored by the Festival of Orchids lawn and Landscaped gardens, creating a natural buffer that shields homes from the surrounding city.
  • The open area covers 45%-60% of the plot, and the Entry plazas provide welcoming outdoor spaces where residents can gather or walk outside their buildings.
  • Only 20%-30% of the plot is built up, meaning towers are spaced to allow plenty of natural light and fresh air into every home.
Connectivity Access
  • The Eastern Express Highway is located nearby alongside N M Joshi Marg, making daily commutes and city travel straightforward for residents.
Amenities Lifestyle
  • The Swimming pool and Leisure pool offer residents a dedicated space to unwind and exercise close to their homes.
  • A dedicated Clubhouse serves as the social hub of the community, offering space for indoor recreation and gatherings.
  • Dedicated Walking pathways provide residents with a safe and reliable space for daily jogging or evening strolls.
  • The Central lawn area serves as a safe outdoor zone where children can play and neighbors can socialize.
Tower Placement Orientation
  • Residential towers stand in a curved line facing Dr. Ernest Borges Road to maximize open views.
  • The RCC Frame Structure buildings are positioned with wide gaps to prevent blocking sunlight from reaching neighboring homes.
  • Most homes face towards the south-west near Dr. B. Ambedkar Road to capture the prevailing breeze.
Amenity Access
  • Residents can walk from any tower to the central social hub located west of Piramal Centre without crossing roads.
  • The shared leisure facilities sit directly behind the westernmost tower near Dr. This area for quick access.
  • A direct path connects the residential towers to Piramal Chambers on the eastern side of the property.
Noise Privacy Road Facing
  • Thick concrete walls and Acrylic Emulsion finishes help reduce external noise from the busy S. S. Rao Road.
  • The curved arrangement of the towers prevents direct window-to-window views between neighbors near Dr. This area.
  • Commercial buildings like this area block street noise from the eastern side of the property.
Corridor Analysis
  • The wide gap between the residential towers and this area allows wind to flow freely across the property.
  • The open space facing Dr. B. This area helps daylight reach the lower floors of each tower.
  • Residents looking south-west enjoy clear views over Dr. This area towards the open sky.
Internal Circulation Pedestrian
  • Footpaths run alongside the curved driveway, letting residents walk safely from S. S. This area to their towers.
  • Pedestrians can walk from the residential towers to this area without stepping onto the main driving lanes.
  • Cars enter from Dr. This area and follow a single curved lane to reach the parking areas.
Child Senior Friendly Zones
  • Children can play safely in the central open spaces away from the traffic near S. S. This area.
  • Flat, paved pathways with Vitrified Tiles flooring in common areas make walking easy for older residents.
  • Older residents can relax in the quiet seating areas located far from the busy Dr. B. This area.
Green Cover Landscape
  • A large green lawn stretches across the center of the property, visible from S. S. This area.
  • Planted buffer zones line the southern edge of the property facing Dr. B. This area.
  • Greenery wraps around the western towers, creating a natural barrier near Dr. This area.
Traffic Flow Access Planning
  • Drivers can access the property through the main gates located along S. S. This area.
  • A secondary exit gate connects the southern side of the property directly to Dr. B. This area.
  • Parking entrances are placed near Dr. This area to keep the central residential areas free of cars.
Overall Livability Assessment
  • This area scores highly because it balances residential privacy with close proximity to this area.
  • High-quality finishes like this area flooring and this area walls provide long-term value for homeowners.
  • Living opposite Dr. This area offers a perfect mix of neighborhood quietness and city connectivity.
Final Summary

Living here delivers a quiet residential retreat that feels removed from the city rush while keeping you connected to key commercial hubs. Families and professionals benefit from having dedicated spaces for relaxation, fitness, and play right outside their doors, reducing the need to travel for leisure. This project stands out because it successfully combines low-density residential comfort with immediate access to major transit routes in a highly sought-after neighborhood.

Download Hub for Ashok Towers

Download master plan of Ashok Towers to explore layout details in Parel, Mumbai.

Master Plan

Overall project layout & design

Walkthrough Video

Virtual tour of the property

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

Safety

  • 24 x 7 Security
  • CCTV / Video Surveillance
  • Intercom Facility

Leisure

  • Party Hall
  • Clubhouse
  • Amphitheater
  • Indoor Games
  • Senior Citizen Area

Environment

  • Rain Water Harvesting
  • Sewage Treatment Plant
  • Normal Park / Central Green

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

Connectivity map showing nearby places around Mumbai South

Connecting Roads

  • Eastern Express Highway ~ 0.2 Kms
  • N M Joshi Marg ~ 1 Kms

RERA Details of Ashok Towers

  • Square Yards RERA Reg. A51800000454

Ashok Towers Reviews & Ratings

Read the reviews about Ashok Towers located at Parel Mumbai and see what residents and real estate experts have to say about the project.

5 Reviews
What's good
  • Spacious & Large Room Sizes
  • Premium or Luxury Interior Specifications
  • Upscale Amenities eg Clubhouse, Swimming Pool etc
  • Strong & Sturdy Construction Quality
  • Plenty of Shopping & Entertainment Options Nearby
  • Well Developed Sports Facilities
  • Centrally Located with Good Connectivity
  • Well Maintained & Clean Common Areas
  • Good Safety & Security Protocols
  • Near Metro or Good Public Transport
  • Lots of Green & Open Areas
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Peninsula Land Track Record

22 Years
Experience
35 Total
Projects
32 Delivered
Projects

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.

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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.

Ashok Towers offers strong resale potential due to its location in Mumbai South, where the average asking price is ₹ 40,950 /Sq.Ft.. 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.

*Disclaimer

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.