Own this home with EMIs starting at ₹ 2.19 L/month - Check Cibil Linked Loan Estimate
| 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 |
Introducing Magnum Tower, a prestigious residential and commercial project located in the heart of Parel, Mumbai. This magnificent structure is well-connected to major roads such as the Eastern Express Highway and N M Joshi Marg, making it a prime location for residents and professionals alike. With RERA registration number P51900009005, Magnum Tower offers a unique blend of luxury, comfort, and convenience, making it an ideal destination for those seeking a hassle-free living experience.
At Magnum Tower, we understand the importance of a safe and secure living space. That ' s why we have integrated top-notch amenities, including 24 x 7 security, power backup, and normal park central green spaces, to ensure that our residents enjoy a tranquil and peaceful environment. Additionally, our sports and leisure facilities, such as kids ' play areas and indoor games, provide ample opportunities for physical activity and socializing. Whether you ' re looking for a relaxing retreat or an exciting experience, Magnum Tower has something for everyone.
Our luxury apartments and office spaces are designed with precision and attention to detail, offering a range of options to suit your unique needs. From 2 BHK to 5 BHK apartments and office spaces, each unit is thoughtfully designed to provide maximum comfort and efficiency. With prices starting from 3.17 Cr, we have something for every budget. Whether you ' re an individual, a family, or a business, Magnum Tower is the perfect choice for anyone seeking a premium living experience.
Available Unit OptionsThe following table outlines the available unit options at Magnum Tower:
| Unit Type | Area (Sq. Ft.) | Price (Rs.) |
| 2 BHK Apartment | 716 Sq. Ft. | 3.17 Cr |
| 2 BHK Apartment | 733 Sq. Ft. | 3.24 Cr |
| 3 BHK Apartment | 923 Sq. Ft. | 4.08 Cr |
| 3 BHK Apartment | 947 Sq. Ft. | 4.19 Cr |
| 4 BHK Apartment | 1833 Sq. Ft. | 8.11 Cr |
| 5 BHK Apartment | 2213 Sq. Ft. | 9.79 Cr |
| 5 BHK Apartment | 2732 Sq. Ft. | 12.09 Cr |
| Office Space | 933 Sq. Ft. | On request |
The 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.
We have total 2 options available in Magnum Tower for resale and rental, In resale we have options available.
| Listing Type | Total Listings | Unit Type Range | Price Range |
| Rental | 2 | 2 BHK | 1.00 L |
The real estate market has witnessed significant activity in recent times, with government-registered transactions painting a clear picture of the trends and patterns in the rental and sales sectors. Over the past three months, the rental rate has remained steady at 117.86, while the current rate stands at 44,249, indicating a consistent demand for properties in the area. During this period, only one government-registered sale transaction took place, with a gross sales value of 1 Cr. Looking at the six-month aggregation, the rental rate remains unchanged, while the current rate stays the same. However, the number of sales transactions increases to three, with a combined gross sales value of 5 Cr. The one-year aggregation reveals a higher number of sales transactions, standing at four, with a gross sales value of 9 Cr. This surge in transactions suggests a growing confidence in the real estate market, with investors and buyers taking advantage of the opportunities available.
| Schools Near by Magnum Tower | |
|---|---|
| Shree Sarvjanik Balmandir School | 0.47 KM |
| Mamma Bai School - Banquet | 0.52 KM |
| Abhyudaya Nagar Mumbai Public School | 0.53 KM |
| Ahilya Vidya Mandir School | 0.55 KM |
| N.m.joshi Marg Municipal Secondary School | 0.57 KM |
| Shree Velji Lakhamshi Napoo High School And Junior College Of Commerce | 0.58 KM |
| Saibaba Path Mumbai Public School | 0.59 KM |
| Napoo High School | 0.60 KM |
| Velji Lakhmshi Napoo High School And Premji Devji K High School | 0.61 KM |
| Shishuvihar School | 0.61 KM |
| Bus Stops Near by Magnum Tower | |
|---|---|
| Sant Jagnade Chowk - Lalbaug | 0.13 KM |
| Sant Jagnade Chowk (lalbaug) | 0.14 KM |
| Sant Jagnade Chowk | 0.16 KM |
| Sant Jagnade Chowk Lalbaug | 0.27 KM |
| Ganesh Talkies (lalbaug) | 0.39 KM |
| Shantaram Pujare Chowk (kala Chowky) | 0.39 KM |
| Hakoba | 0.40 KM |
| Ambewadi (kalchowky) | 0.42 KM |
| Bharatmata Cinema | 0.46 KM |
| Mahadev Palav Marg - Bharatmata | 0.47 KM |
| Hospitals Near by Magnum Tower | |
|---|---|
| Aastha Maternity & Surgical Nursing Home : Icu | 24 Hours Hospital | Preganancy Care | Gynecologist | 0.39 KM |
| Aryan Hospital & Icu | 0.42 KM |
| Sankalp Eye Care Centre | 0.64 KM |
| Maru Hospital | 0.73 KM |
| Esi Mahatma Gandhi Memorial Hospital | 0.74 KM |
| Gandhi Hospital Parel East | 0.82 KM |
| Nana Palkar Smruti Samiti | 0.82 KM |
| Mhaskar Hospital | 0.87 KM |
| Tata Memorial Center | 0.89 KM |
| Krishna Eye Centre- Best Eye Hospital In Mumbai | Best Eye Surgeon In Mumbai | Eye Specialist Mumbai | 0.90 KM |
| Restaurants Near by Magnum Tower | |
|---|---|
| Pc Cafe | 0.09 KM |
| Shree Datta Boarding | 0.28 KM |
| Hornbys Pavilion - Itc Grand Central | 0.69 KM |
| Kebabs & Kurries - Itc Grand Central | 0.72 KM |
| Utsav- The Barbeque Restaurant | 0.80 KM |
| Shobhaa Only Veg | 0.85 KM |
| Canto Restaurant & Banquet | 1.08 KM |
| Epitome | 1.14 KM |
| Cafe Panama | 1.14 KM |
| Todi Mill Social | 1.16 KM |
| College and Universities Near by Magnum Tower | |
|---|---|
| Ice College Of Hotel Management And Catering Technology | 0.53 KM |
| M D College Of Arts | 0.84 KM |
| Jai Vakeel Foundation & Research Centre | 0.84 KM |
| College Of Physicians & Surgeons Of Mumbai | 0.85 KM |
| R. M. Bhatt College | 1.37 KM |
| Dr. T. K. Tope Arts & Commerce Night Senior College | 1.40 KM |
| G.d. Ambekar Pratishthan College Of Management And Technology | 1.75 KM |
| Joseph Cardijn Technical School(iti) | 1.80 KM |
| Madrasa Talimu Quran | 1.80 KM |
| Aim Para-medical Institute. Medical Lab Technician | 1.82 KM |
| Clinics Near by Magnum Tower | |
|---|---|
| Dr Lakin Vira - Best Piles & Fissure Fistula Surgeon | Hernia & General Surgeon In Lalbaug | 0.27 KM |
| Dr. Jeet V Savla | 0.27 KM |
| Sabka Dentist - Lalbaug | 0.33 KM |
| Infinity Medical Centre - Home Blood Test | 0.63 KM |
| Primacare Diagnostics | 0.71 KM |
| Pc Diagnostics | 1.21 KM |
| Agilus Diagnostics Dr. Phadke Labs - Parel | 1.25 KM |
| Just Cure Physiotherapy And Rehab | 1.26 KM |
| Aarthi Scans & Labs | Parel | Diagnostic Center | 1.33 KM |
| Titan Eye+ At Phoenix Palladium Mall | 1.49 KM |
| Gym Fitness Near by Magnum Tower | |
|---|---|
| Fitness 365d (lalbaug) | 0.56 KM |
| Adyantiyoga (a Group Of Traditional Yogis) | 0.67 KM |
| Focus Fitness | 0.85 KM |
| Yog Kimaya | 0.88 KM |
| Zest Fitness | 0.88 KM |
| Fitfuda | 1.03 KM |
| Be Beast Gym . Branch (lodha Lower Parel) And (rani Baug Ghodapdev) | 1.21 KM |
| Fitness First | 1.42 KM |
| Cult Gym Lower Parel | 1.50 KM |
| 3 Fitness Gym | 1.64 KM |
| Clothings Near by Magnum Tower | |
|---|---|
| Jockey Store-gurukrupa | 0.16 KM |
| Cottonking Lalbaug | 0.37 KM |
| Just Wear | 0.49 KM |
| Z-bat Clinic | 0.65 KM |
| Manyavar & Mohey | 1.34 KM |
| Retail Mills Cloth Stores | 1.57 KM |
| Sameer Collection | 1.77 KM |
| Mashroo Store Byculla - Thobe | Abaya | Kurta | 2.33 KM |
| Decathlon Sports Atria Mall | 2.44 KM |
| Decathlon Sports Prabhadevi | 2.61 KM |
| Temples Near by Magnum Tower | |
|---|---|
| Shree Ghodapdev Temple. | 1.28 KM |
| Baradevi Temple | 1.44 KM |
| Nipponzan Myohoji Buddhist Temple | 2.49 KM |
| Prabhadevi Mandir | 2.72 KM |
| Ravindra Natya Mandir | 2.73 KM |
| Shree Siddhivinayak Temple | 2.90 KM |
| Baps Shri Swaminarayan Mandir | 2.98 KM |
| Kuan Kung Temple | 3.01 KM |
| Shri Shantinath Bhagwan Shwetambar Jain Temple | 3.04 KM |
| Albela Hanuman Mandir | 3.06 KM |
| Cinema Halls Near by Magnum Tower | |
|---|---|
| Jaihind Mukta A2 Cinemas | 0.68 KM |
| Pvr - Phoenix Lower Parel | 1.49 KM |
| Premier Cinema | 1.77 KM |
| Palace Talkies | 1.82 KM |
| Gold Cinema | 2.00 KM |
| Odeon Theatre - Cinema | 2.14 KM |
| Orama 4d Theatre | 2.44 KM |
| Inox Insignia | 2.45 KM |
| Maratha Mandir Theatre | 2.81 KM |
| Inox Nakshatra Mall | 3.16 KM |
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 to its proximity to Elphinstone Road Station.
In the past, Parel used to host a lot of textile mills. Slowly, these textile mills are replaced by commercial office space development. Apart from this, Parel also has a political history. From 1962 to 2004, Parel was the Vidhan Sabha constituency of Maharashtra. It was incorporated into the Shivadi constituency by the demarcation of the 2008 Parliamentary and Assembly Constituencies Order. Not only this, the name Parel is derived from the Parli Vaijnath Mahadev Temple. The temple is dedicated to Lord Shiva.
Brief description - Parel
The coordinates of Parel are 18.9977 degrees north latitude and 72.8376 degrees east longitude. Also, the area is under the control of the Municipal Corporation of Greater Mumbai for civic amenities. The development of commercial towers in Parel has increased exponentially. This makes the location suitable for the working class.
Parel, like many other places in Mumbai, has seen significant growth in real estate. Parel is well connected to the Mumbai Currey Road Railway Station as well as Chhatrapati Shivaji International Airport. Moreover, Parel is 12 minutes drive from King’s Circle Flyover and 20 minutes from Bandra-Worli Sea Link. The good connectivity of the location makes it the perfect place to invest in.
What’s great about Parel?
Parel is a safe locality, all credit goes to the local police and their strict patrolling policy. It is very well connected with significant spots of the city. The road infrastructure of Parel is excellent. Parel is children-friendly as well. BMC Garden and Children’s Park are the most famous amusement parks in the locality. Parel also provides a hygienic environment. This ensures a disease friendly atmosphere for the residents.
What’s not great about Parel?
Parel provides one of the best living conditions, and therefore, the price of residential buildings is high in comparison to the remaining city.
Physical Infrastructure and Liveability Index
Parel is located in one of the most livable parts of the city. The area has a history of several textile mills. Parel is well connected to major road and rail networks.
There are dozens of office spaces that serve as workplaces for many people. Well-known local schools are the Helen Keller Institute and Cama Montessori & Primary School. Notable universities here include Seth GS Medical College and Maharishi Dayanand College of Arts, Science, and Commerce. Major hospitals here include Global Hospitals and Mahatma Gandhi Memorial Hospital. Palladium Mall and High Street Phoenix are Parel's most famous shopping malls.
Nearby Parel - Distance Calculator
Parel is located in Mumbai City of Maharashtra. It offers easy connectivity with other parts of the city via roads and railways.
Approximate distance from Parel to
Lower Parel: 3.1 km
Chinchpokli: 1.5 km
Dadar East: 1.6 km
Prabhadevi: 2.6 km
Worli: 4.7 km
Commute time from Parel to
Lower Parel: 7 min
Chinchpokli: 4 min
Dadar East: 3 min
Prabhadevi: 6 min
Worli: 10 min
Cab fare from Parel to
Lower Parel: Rs. 108 - Rs. 174
Chinchpokli: Rs. 120 - Rs. 194
Dadar East: Rs. 108 - Rs. 174
Prabhadevi: Rs. 110 - Rs. 196
Worli: Rs. 110 - Rs. 178
Transport services availability
Parel offers a variety of transport options. It has a well-built system of roads and railways. Cabs, taxis, autos, buses, etc., are readily available in the neighborhood. The nearest airport is Chhatrapati Shivaji International Airport, 8.2 km away. The nearest train station is Mumbai Currey Road, 0.79 km away. There are monorail connections to many commercial hubs in Mumbai. Parel and Lower Parel stations are on the Mumbai Suburban Railway line. Elphinstone Road railway station is nearby, which is a part of the Western Line.
How do people rate Parel?
Over the years, Parel has attracted many business hubs. Parel offers immense connectivity to other parts of the city. All the basic necessities, like schools, markets, malls, hospitals, etc., lie in close proximity. Also, people are quite content with the quality of living offered by Parel.
How to visit Parel?
There are numerous ways in order to reach this place in Mumbai. Let us get through the list of ways to reach Parel from any other city.
Parel comparison
Average Asking Price of Properties in Parel is around ₹ 47,100 /Sq.ft
Residents rate Parel 4.5 out of 5 for overall quality of life.
Parel holds the 19 position in the city for overall livability.
Discover your dream home in the heart of Parel, Mumbai, with this stunning semifurnished apartment situated in the prestigious Magnum Tower.<br><ul><li>Spanning an impressive 1,400 square feet, this spacious 3bedroom, 3bathroom residence is perfect for families looking for a serene yet vibrant lifestyle.</li><li> Priced at 6.25 crore, this property presents an excellent investment opportunity in a prime location that promises both comfort and convenience.Perched on the 24th floor, the apartment offers a delightful community view, allowing you to soak in the beauty of your surroundings.</li><li> The wellthoughtout layout maximizes space and light, making it an inviting haven for relaxation and entertainment.</li><li> Enjoy the luxury of modern amenities that cater to all your needs, including a stateoftheart gymnasium, a refreshing swimming pool, and dedicated kids play areas, ensuring that your family has everything at their fingertips.</li><li> In addition, residents can benefit from a jogging and cycle track for fitness enthusiasts and a large green area for leisurely strolls or picnics.</li><li> Safety and convenience are paramount, with 24 x 7 security, CCTV surveillance, and intercom facilities to ensure peace of mind.</li><li> Two designated parking spaces add to the convenience of urban living, while the clubhouse and indoor games provide a perfect gathering spot for family and friends.</li></ul>With its strategic location, reputable builder, and a plethora of amenities, this apartment in Magnum Tower is not just a home but a lifestyle choice that embodies comfort, security, and community living.
Discover the perfect blend of comfort and modern living in this exquisite 3bedroom apartment for sale in the prestigious Magnum Tower, located in the vibrant locality of Parel, Mumbai.<br><ul><li>Spanning an impressive 1,400 square feet, this wellventilated residence is designed with Vastu compliance in mind, making it an ideal choice for families seeking harmony and balance in their home.</li><li> The apartment features three spacious bedrooms and three wellappointed bathrooms, ensuring ample space for relaxation and privacy.</li><li> The unfurnished layout offers a blank canvas for you to express your personal style and design preferences.</li><li> Although the apartment does not include dedicated parking, the strategic location in Parel provides easy access to public transport and nearby amenities.Residents of Magnum Tower can enjoy a host of conveniences, including dedicated kids play areas, ensuring a safe and fun environment for children.</li><li> The building is equipped with 24 x 7 security and power backup, providing peace of mind and a comfortable living experience.</li></ul>With an age of 57 years, this property combines established quality with modern facilities.Priced at 6.25 crore, this apartment is not just a home it is an investment in a lifestyle that embraces both luxury and practicality in one of Mumbais most soughtafter neighborhoods.
Discover an exquisite living experience in this beautifully furnished 2bedroom apartment situated in the heart of Parel, Mumbai.<br><ul><li>Located in the esteemed Magnum Tower, this rental property is perfectly tailored for those seeking comfort and convenience in a prime location.</li><li> Spanning 716 square feet, the apartment is positioned on the 10th floor of a wellmaintained 14story building, offering a stunning road view that enhances your everyday living experience.The apartments layout includes two spacious bedrooms and two bathrooms, ensuring ample space for relaxation and privacy.</li><li> The property is designed with a focus on safety and security, featuring 24 x 7 security services, security staff, and CCTV surveillance, making it an ideal choice for bachelors and families alike.</li><li> Within the gated society, youll find an attached market and a restaurant, catering to your everyday needs and culinary desires.At a competitive rental price of 1.2 Lac, this apartment not only promises a comfortable lifestyle but also offers access to essential amenities such as power backup, ensuring uninterrupted living.</li><li> With a property age of 57 years, you can enjoy modern fixtures and fittings while being enveloped in a safe and secure locality.</li></ul>Experience an exceptional urban lifestyle in this vibrant area of Mumbai, where convenience meets affordability.
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.
