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Magnum Tower Parel, Mumbai

It houses 2 BHK, 3 BHK, 4 BHK, 5 BHK Flats residences alongside Office Space. Total project area is 1.43 Acres, with unit sizes from 716 Sq.Ft. to 2732 Sq.Ft.. Starting prices are ₹ 2.76 Cr, with Ready to Move status and possession in Mar 2019.
Magnum Tower Cover Image
  • Shortlist
  • ₹2.76 Cr - 10.53 Cr + Charges
    Price Insights
  • Project Status Ready to Move
    Ready to Move Since Mar 2019
    RERA Updates
  • Unit Config 2, 3, 4, 5 BHK Flats
    Size 716 to 2732
    Sq. Ft
    Number of Units 153
    Total area 1.43 Acres

Why you should consider Magnum Tower?

  • Vibrant location, Parel, with easy access highways.
  • Project RERA registered, P51900009005, for security.
  • 24/7 security ensures a safe living environment.
  • Ideal amenities, including kids play areas and indoor games.
  • Vitally designed apartments with Vitrified Tiles flooring.
  • About
  • Price List
  • Recent Updates
  • Floor Plans
  • Amenities
  • Specifications
  • Map & Landmarks
  • Travel Time
  • Rera Details
  • Price Insights
  • Location Intelligence
  • Properties & Top Sellers
  • About Builder
  • Rating & Reviews
  • Comparative Market Analysis
  • Similar Projects
  • Projects in Locality
  • Other Projects in the Nearby
  • FAQ

About Magnum Tower

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 Price List

Unit Type (Carpet) Price*
2 BHK Apartment 716
Sq. Ft
₹ 2.76 Cr Check Availability
2 BHK Apartment 733
Sq. Ft
₹ 2.82 Cr Check Availability
3 BHK Apartment 923
Sq. Ft
₹ 3.55 Cr Check Availability
3 BHK Apartment 947
Sq. Ft
₹ 3.65 Cr Check Availability
4 BHK Apartment 1833
Sq. Ft
₹ 7.06 Cr Check Availability
5 BHK Apartment 2213
Sq. Ft
₹ 8.53 Cr Check Availability
5 BHK Apartment 2732
Sq. Ft
₹ 10.53 Cr Check Availability
Office Space 933
Sq. Ft
₹ 3.59 Cr Check Availability

Magnum Tower Recent Updates

Last Update: Jul 2026
Jul 2026
A total of 4 residential transactions has been registered so far for Magnum Tower, amounting to ₹ 10 Cr till July 2026.
Jun 2026
Rent in Magnum Tower ranges from ₹ 1 L to ₹ 2 L with options available for 2 BHK, 3 BHK.
Mar 2026
During Q1'2026, average property prices for Magnum Tower moved from ₹ 43,100/sqft to ₹ 43,600/sqft, reflecting a 1.16% rise.
Mar 2026
MAGNUM TOWER Achieves 100% Construction Completion, Ready for Possession.
Mar 2026
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).
Aug 2017
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.

Magnum Tower Floor Plans

  • 2 BHK
  • 3 BHK
  • 4 BHK
  • 5 BHK
  • Office Space
  • 716 sq.ft ₹ 2.76 Cr
  • 733 sq.ft ₹ 2.82 Cr
  • 923 sq.ft ₹ 3.55 Cr
  • 947 sq.ft ₹ 3.65 Cr
  • 1833 sq.ft ₹ 7.06 Cr
  • 2213 sq.ft ₹ 8.53 Cr
  • 2732 sq.ft ₹ 10.53 Cr
  • 933 sq.ft ₹ 3.59 Cr
Representative image for Floor plan of 2 BHK 716 Sq. Ft. Apartment in Magnum Tower, Mumbai
Floor Plans Coming Soon We're working on updating the latest floor plans. Get notified when they're ready!
2 BHK 716 Sq. Ft. Apartment
₹ 2.76 Cr + Charges

Magnum Tower Amenities

  • Power Backup
  • 24 x 7 Security
  • Fire Fighting Systems
  • Lift
  • Treated Water Supply
  • 24*7 Water Supply
  • Kids' Play Areas / Sand Pits
  • Hypermarket
  • Indoor Games
  • Conference Room
  • Normal Park / Central Green

Magnum Tower 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

Nearby Landmarks - Magnum Tower

Prime Connectivity Map
Nearby Places
  • Lalbaugcha Raja Sarvajanik Ganeshotsav Library
    School
    0.1 km
  • Bharatmata Cinema
    Bus Stop
    0.5 km
  • K K Hospital
    Hospital
    0.3 km

Is Magnum Tower Right for You?

Insights based on nearby schools, healthcare, connectivity, workplaces and everyday infrastructure.

For Families

Beyond education and healthcare access, nearby parks and everyday conveniences can support a more comfortable family lifestyle.

  • Lalbaugcha Raja Sarvajanik Ganeshotsav Library within walking distance
  • K K Hospital nearby for healthcare access
  • Phoenix Head Office
For Working Professionals

Strong connectivity through key transport routes can improve accessibility and may strengthen long-term demand for the location.

  • Maharshi Dayanand College Of Arts
  • Phoenix Head Office

Check Travel Time

Please Select the Starting Point to calculate the travel time
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Magnum Tower Mumbai South

Connecting Roads - Magnum Tower

  • Eastern Express Highway ~ 0.1 Kms
  • N M Joshi Marg ~ 1.2 Kms

Magnum Tower RERA Details

P51900009005 Magnum Tower Rera Url : https://maharerait.maharashtra.gov.in/project/view/13378
  • Square Yards RERA Reg. A51800000454

Price Rates & Insights for Magnum Tower

Property Valuation

Comprehensive assessment of your property's current worth in the current market
Get Valuation Report
Price Trend in Magnum Tower
Magnum Tower's average asking price is cooling quarter-on-quarter, compared with Parel.
Quarter Child Rate Parent Rate
Jun 2026 38550 46650
Mar 2026 43600 46050
Dec 2025 43100 45400
Sep 2025 47300 44250
Govt. Registrations in Magnum Tower
4 Sales Transactions Registered in Magnum Tower From Aug 25 to Jul 26 at Avg. Price ₹ 26.6 K/Sq.Ft.
Sales
Transactions
4
Gross
Sales Value
₹ 10 Cr
Registered
Rate
₹ 26,600 / Sq. Ft.
Transaction Period Aug 25 to Jul 26
Rental Supply in Magnum Tower
Monthly Rent in Parel ranges from ₹ 27.6 K to ₹ 5.4 L with options available for STUDIO,1,2,3,4,5 BHK units
Configurations In Magnum Tower In Parel
1 BHK - ₹ 53.4 K
2 BHK - ₹ 1.3 L
3 BHK - ₹ 2.1 L
4 BHK - ₹ 2.9 L
5 BHK - ₹ 5.4 L
Comparable Project Pricing for Magnum Tower
Magnum Tower avg. price is ₹ 38.5 K/Sq.Ft. compared to Parel at ₹ 46.6 K/Sq.Ft.
₹ 59,750
Rustomjee La Sonrisa
₹ 52,100
LnT Crescent Bay T4
₹ 50,150
LnT Realty Crescent Bay
₹ 46,650
Parel
₹ 38,550
Magnum Tower
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Recent Registered Transactions in Magnum Tower

Date Floor/Unit Tower/Wing Area Value Rate/Sq.Ft.  
2026-05-07 Floor 14, Unit 1401 3, B 735 Sq.Ft.
2025-12-13 Floor 10, Unit 1002 A 735 Sq.Ft.
2025-11-27 Floor 20, Unit 2003 A 735 Sq.Ft.
2025-08-29 Floor 19, Unit 1901 A 735 Sq.Ft.
2025-07-20 Floor 19, Unit 1901 B 735 Sq.Ft.
2025-07-14 Floor 17, Unit 1703 A 735 Sq.Ft.
2025-06-03 Floor 43, Unit 4304 A 959 Sq.Ft.
Locality Insights: Parel
Parel is a part of the Secondary Business District (SBD). Parel, which is spread over 4.05 square km, houses approximately 146,056 people. Parel's climate is tropical, with dry and wet seasons, high humidity, and moderate heat. Marathi is the official language. But Hindi is also spoken. The Eastern and Western Express highways and Sea Links provide easy access to other locations. There are monorail connections to many commercial hubs in Mumbai. Elphinstone is another name for Parel West due
Price Insights Price Insights
Average Asking Price in Parel
₹ 46,050/Sq.ft
For Apartment Based on active listings and recent trends
Property Rates in Parel
Locality Snapshot Locality Snapshot
#19 In Mumbai
Great Great +5 More

Railway connectivity & strategic location

Concerning Concerning +2 More

Traffic congestion in peak hours

Know More About Parel
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Properties in Magnum Tower & Top Sellers

  • Buy
  • Top Sellers
  • All
  • 2.5 BHK
  • 3 BHK
https://img.squareyards.com/secondaryPortal/optImages/IN_639151410782110892-2305260151185118.jpg Cover Image
2.5 BHK Apartment For Sale in Magnum Tower Parel, Mumbai
Parel, Mumbai
₹ 5.5 Cr
  • Ready to Move
  • 1200 Sq.Ft. (Built-up Area)
Santosh Mahadev Gawade profile picture
Santosh Mahadev Gawade 3.8
https://img.squareyards.com/secondaryPortal/optImages/IN_639148879203387738-200526033200320.jpg Cover Image
2.5 BHK Apartment For Sale in Magnum Tower Parel, Mumbai
Parel, Mumbai
₹ 5.5 Cr
  • Ready to Move
  • 1200 Sq.Ft. (Built-up Area)
Dhruv Sunil Parekh profile picture
Dhruv Sunil Parekh 4.5
https://img.squareyards.com/secondaryPortal/IN_638942279835434235-2309251239433943.jpg Cover Image
3 BHK Apartment For Sale in Magnum Tower Parel, Mumbai
Parel, Mumbai
₹ 6.25 Cr
  • Ready to Move
  • 947 Sq.Ft. (Carpet Area)
  • Prime Location
P
Papu Gupta
3 properties for Sale in Magnum Tower
1 properties of 3 BHK Flats for Sale in Magnum Tower
Dhruv Sunil Parekh profile picture
4.5
Dhruv Sunil Parekh 360 Mumbai Inc
  • Total Transactions: 1
P
Papu Gupta Mumbai
  • Resale Listings: 921
  • Rental Listings: 160
Santosh Mahadev Gawade profile picture
3.8
Santosh Mahadev Gawade 360 Mumbai Inc
  • Resale Listings: 281
  • Rental Listings: 311
About Magnum Developers Mumbai
Magnum Developers Mumbai Logo
  • Total Projects 1
  • Delivered Projects1

Magnum Tower Reviews & Rating

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

5.0
1 Rating
  • 5 Star
  • 4 Star
  • 3 Star
  • 2 Star
  • 1 Star
What’s good
  • Timely Project Delivery

How does Magnum Tower compare with other top projects?

Compare Magnum Tower with similar projects. Evaluate pricing, configurations, possession timelines, and project scale to find the best fit for your needs.
The Honest Take
current Project
Magnum Tower
Magnum Tower
Parel, Mumbai ★ 5.0
Price ₹2.76 Cr - 10.53 Cr
Configuration 2, 3, 4, 5 BHK Flats
Unit Size 716 to 2732 Sq. Ft
Possession Mar 2019
Status
Ready to Move
RERA No.
P51900009005
Land Area 1.43 Acres
Total Units 153
Density 107 Units/Acre
LnT Realty Crescent Bay
LnT Realty Crescent Bay
Parel, Mumbai ★ 5.0
Price ₹3.14 Cr - 9.87 Cr
Configuration 2, 3, 4 BHK Flats
Unit Size 672 to 2107 Sq. Ft
Possession Oct 2017
Status
Ready to Move
RERA No.
P51900008032 P51900004666P51900005188P51900006593P51900010178P51900004544
Land Area 10 Acres
Total Units 1282
Density 128 Units/Acre
Rustomjee La Sonrisa
Rustomjee La Sonrisa
Matunga East, Mumbai
Price ₹4.32 Cr - 10.8 Cr
Configuration 2, 3 BHK Flats
Unit Size 750 to 1875 Sq. Ft
Possession N/A
Status
Ready to Move
RERA No.
A51800000454
Land Area 1 Acres
Total Units 47
Density 47 Units/Acre
View Detailed Comparison

Send one enquiry to all selected projects and compare up to 4 options side-by-side.

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Frequently Asked Questions About Magnum Tower

Q: What is the location of Magnum Tower?

Magnum Tower is located near Eastern Express Highway and N M Joshi Marg.

Q: What are the available unit options at Magnum Tower?

Magnum Tower offers 2, 3, 4, 5 BHK apartments and office spaces.

Q: What is the RERA registration number of Magnum Tower?

Magnum Tower is registered under P51900009005 with the Real Estate Regulatory Authority (RERA).

Q: What is the flooring specification in the flats?

The living area, bedrooms, and other areas have vitrified tile flooring.

Q: Are the prices of units negotiable?

The prices mentioned are non-negotiable.

Q: What is the price range for 2 BHK apartments?

The price range for 2 BHK apartments is 1.00 L - 3.24 Cr.

Q: What is the office space area available at Magnum Tower?

The office spaces are available in an area of 933 Sq. Ft., with prices on request.

Q: What is the total area of the Project specification Structure:RCC Frame Structure ?

The project specification Structure:RCC Frame Structure is applicable to the entire project.

i *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.
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Around Magnum Tower
Applicable Government Charges
Government Charges Standard across Mumbai
Stamp Duty
  • Male Ownership: 6 %
  • Female Ownership: 5 %
  • Joint Ownership: 5.5 %
Registration Charges
  • 1% of the total value
Country/City