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Magnum Tower Parel, Mumbai
About Magnum Tower, Parel by Magnum Developers Mumbai
Welcome to Magnum Tower, a landmark residential address in the heart of Parel, Mumbai. Developed by Magnum Developers Mumbai, this 43-storey tower redefines luxury with spacious, well-planned homes that blend city convenience with premium living. Whether investing or moving in with your family, Magnum Tower offers a fine balance of smart design, comfort, and connectivity. With top-tier architecture and panoramic views of Mumbai skyline, this is more than just a home—it a lifestyle in the making.
What is the Address of this Project?
Magnum Tower is located at: Near Hilla Tower, Chivda Galli, Parel, Mumbai – 400012
Magnum Tower Floor Plans and Pricing
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2 BHK Apartment - 733 sq. ft. (Carpet Area)
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3 BHK Apartment - 923 sq. ft. (Carpet Area)
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3 BHK Apartment - 947 sq. ft. (Carpet Area)
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4 BHK Apartment - 1833 sq. ft. (Carpet Area)
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5 BHK Apartment - 2213 sq. ft. (Carpet Area)
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5 BHK Apartment - 2732 sq. ft. (Carpet Area)
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Office Space - 933 sq. ft. (Carpet Area)
Government Registrations in Magnum Tower
5 Sales Transactions Registered in Magnum Tower From Nov 25 to Oct 26 at Avg. Price ₹ 25.9 K/Sq.Ft.
No Square Yards registrations available for this project yet.
Magnum Tower Price Trends and Market Insights
Price Trends
Magnum Tower's average asking price is stable quarter-on-quarter, compared with Parel.
- Current asking price
- ₹ 44,250/sq.ft.
Comparable Projects
Magnum Tower avg. price is ₹ 44.2 K/Sq.Ft. compared to Parel at ₹ 46.2 K/Sq.Ft.
Rentals
Monthly Rent in Parel ranges from ₹ 28 K to ₹ 5.3 L with options available for STUDIO,1,2,3,4,5 BHK units
Recent Updates
Get the latest price and market updates for Magnum Tower.
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A total of 5 residential transactions has been registered so far for Magnum Tower, amounting to ₹ 12 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 Magnum Tower ranges from ₹ 1 L to ₹ 2 L with options available for 2 BHK, 3 BHK.
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During Q2'2026, average property prices for Magnum Tower moved from ₹ 43,600/sqft to ₹ 44,250/sqft, reflecting a 1.49% rise.
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During Q1'2026, average property prices for Magnum Tower moved from ₹ 43,100/sqft to ₹ 43,600/sqft, reflecting a 1.16% rise.
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MAGNUM TOWER Achieves 100% Construction Completion, Ready for Possession.
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A total of 149 out of 217 launched units have been booked as of March 2026, including 96% of 2 BHK(96 out of 100), 100% of 5 BHK (9 units), 4 BHK (4 units), 3 BHK (40 units).
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MAGNUM TOWER, officially launched on 19-Aug-2017 and expected to complete by 31-Mar-2019. Registered under RERA No. P51900009005. The project comprises 1 towers and offers 217 residential units, including OFFICE UNIT 1, 2 BHK, OFFICE UNIT 2, 3 BHK, 4 BHK, 5 BHK, with unit sizes ranging from 710 to 2723 Square feet across a total area of 1.43 Acre.
Govt. Registrations
5 Sales Transactions Registered in Magnum Tower From Nov 25 to Oct 26 at Avg. Price ₹ 25.9 K/Sq.Ft.
Transaction Period Nov 25 to Oct 26
Resale Listings in Magnum Tower
Explore resale listings currently available in Magnum Tower, Mumbai.
Amenities & Specifications of Magnum Tower
Sports
- Kids' Play Areas / Sand Pits
Convenience
- Power Backup
- Treated Water Supply
- 24*7 Water Supply
- Lift
Safety
- 24 x 7 Security
- Fire Fighting Systems
Environment
- Normal Park / Central Green
Leisure
- Indoor Games
- Conference Room
- Hypermarket
Specifications
- Master Bedroom-Walls
- Oil Bound Distemper
- Master Bedroom-Flooring
- Vitrified Tiles
- Other Bedrooms-Flooring
- Vitrified Tiles
- Walls
- Oil Bound Distemper
- Living Area-Flooring
- Vitrified Tiles
- Structure
- RCC Frame Structure
Location and Connectivity Around Magnum Developers Mumbai Parel

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Trust & Verification
RERA Details of Magnum Tower
P51900009005
Magnum Tower
Rera Url:
- Square Yards RERA Reg. A51800000454
How does Magnum Tower compare with similar projects?
Magnum Developers Mumbai Track Record
Frequently Asked Questions About Magnum Tower
Magnum Tower is located near Eastern Express Highway and N M Joshi Marg.
Magnum Tower offers 2, 3, 4, 5 BHK apartments and office spaces.
Magnum Tower is registered under P51900009005 with the Real Estate Regulatory Authority (RERA).
The living area, bedrooms, and other areas have vitrified tile flooring.
The prices mentioned are non-negotiable.
The price range for 2 BHK apartments is 1.00 L - 3.24 Cr.
The office spaces are available in an area of 933 Sq. Ft., with prices on request.
The project specification Structure:RCC Frame Structure is applicable to the entire project.
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.