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Mhada Building Parel Parel, Mumbai

Starting price is ₹ 1.56 Cr, and it is currently Ready to Move.
  • ₹1.56 Cr + Charges
    Price Insights
  • Project Status Ready to Move
  • Unit Config 1 BHK Flats
    Size 420
    Sq. Ft
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About Mhada Building Parel

Mhada Building Parel is a newly launched project by Mhada Developers situated in Mumbai South,Mumbai. The project offers well designed apartments that are well connected with all the major points of the city. The project offers a convenient shopping centre for daily needs and is well connected to Eastern Express Highway. The project is also well connected to all the major railway stations in the city.

Mhada Building Parel Price List

Unit Type (Saleable) Price*
1 BHK Apartment 420
Sq. Ft
₹ 1.56 Cr Check Availability

Mhada Building Parel Recent Updates

Last Update: Jun 2026
Jun 2026
Rent in Mhada Building Parel ranges from ₹ 29 K to ₹ 65 K with options available for Studio, 1 BHK.
Jun 2026
During Q2'2026, average property prices for Mhada Building Parel moved from ₹ 35,500/sqft to ₹ 37,250/sqft, reflecting a 4.93% rise.
Mar 2026
During Q1'2026, average property prices for Mhada Building Parel moved from ₹ 32,100/sqft to ₹ 35,500/sqft, reflecting a 10.59% rise.

Mhada Building Parel Floor Plans

  • 1 BHK
  • 420 sq.ft ₹ 1.56 Cr
Representative image for Floor plan of 1 BHK 420 Sq. Ft. Apartment in Mhada Building Parel, Mumbai
Floor Plans Coming Soon We're working on updating the latest floor plans. Get notified when they're ready!
1 BHK 420 Sq. Ft. Apartment
₹ 1.56 Cr + Charges

Mhada Building Parel Amenities

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

Mhada Building Parel 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 - Mhada Building Parel

Prime Connectivity Map
Nearby Places
  • Lalbaugcha Raja Sarvajanik Ganeshotsav Library
    School
    0.4 km
  • Kala Chowky Police Station
    Bus Stop
    0.3 km
  • Ambewadi Municipal Dispensary
    Hospital
    0.4 km

Is Mhada Building Parel Right for You?

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

For Families

Day-to-day family routines can feel easier here with schools and healthcare facilities close by. Access to nearby essentials and open spaces can also help reduce travel time for everyday activities.

  • Lalbaugcha Raja Sarvajanik Ganeshotsav Library within walking distance
  • Ambewadi Municipal Dispensary 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

Connecting Roads - Mhada Building Parel

  • Eastern Express Highway ~ 0.4 Kms
  • N M Joshi Marg ~ 1 Kms

Mhada Building Parel RERA Details

  • Square Yards RERA Reg. A51800000454

Price Rates & Insights for Mhada Building Parel

Price Trend in Mhada Building Parel
Mhada Building Parel's average asking price is rising quarter-on-quarter, compared with Parel.
Quarter Child Rate Parent Rate
Jun 2026 37250 46650
Mar 2026 35500 46050
Dec 2025 32100 45400
Sep 2025 33650 44250
Rental Supply in Mhada Building Parel
Monthly Rent in Mhada Building Parel start from ₹ 28.5 K with options available for STUDIO BHK units
Configurations In Mhada Building Parel In Parel
STUDIO ₹ 28.5 K ₹ 27.6 K
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 Mhada Building Parel
Mhada Building Parel avg. price is ₹ 37.2 K/Sq.Ft. compared to Parel at ₹ 46.6 K/Sq.Ft.
₹ 64,600
Piramal Mahada
₹ 47,450
Dosti Belleza
₹ 46,650
Parel
₹ 46,450
Lodha Marina
₹ 37,250
Mhada Building Parel
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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 Mhada Building Parel & Top Sellers

  • Buy
  • Rent
  • Top Sellers
  • All
  • 2 BHK
https://img.squareyards.com/secondaryPortal/optImages/IN_639209682748960297-3007261231143114.jpg Cover Image
2 BHK + Servant Room Apartment For Sale in Mhada Building Parel Parel, Mumbai
Parel, Mumbai
₹ 95 L
  • Ready to Move
  • 780 Sq.Ft. (Built-up Area)
  • All
  • 1 RK
https://img.squareyards.com/secondaryPortal/optImages/IN_639093532897413330-17032602080989.jpg Cover Image
1 RkApartment For Rent in Mhada Building Parel Parel, Mumbai
Parel, Mumbai
₹ 28,500
  • Ready to Move
  • 240 Sq.Ft. (Carpet Area)
  • Prime Location
  • Well ventilated
  • Family
  • Adjoining Metro Station
  • Quick Deal
S
Suneel R Singh Suneel R Singh
  • Resale Listings: 2
  • Rental Listings: 22
Dnyanesh Dattaram Tandel profile picture
4.5
Dnyanesh Dattaram Tandel Chintamani Properties
  • Resale Listings: 2
  • Rental Listings: 6
About Mhada
Mhada Logo
  • Total Projects 79
  • Delivered Projects24

Since it was set up in 1948, the Maharashtra Housing and Area Development Authority (MHADA) has been at the forefront of housing development in Maharashtra. MHADA has done a great job achieving its goal: to build safe, affordable homes for people of all income levels. The authority has ensured that these homes are well-maintained and provide a good quality of life by emphasising routine upkeep. The Vidarbha Housing Board (VHB) was established in 1960 to meet the specific housing requirements of Maharashtra's Amravati and Nagpur regions. VHB requires the government to give loans to local governments, non-profits, and universities that build affordable housing for low-income people. Then in 1971, the Bombay Building Repairs and Reconstruction Board (BBRRB) was established. The board's main job was to fix and rebuild damaged buildings so that the people of Bombay would be safe. In 1974, the Bombay Slum Development Board was created so that people living in slums in Mumbai City and Mumbai Suburban Districts could access the needed services and facilities. The amenities ranged from clean water to sanitary facilities and enough lighting. The Act of 1976 set up the Maharashtra Housing and Area Development Authority (MHADA), which ensures these policies are followed all over Maharashtra. This is not an exhaustive account of the MHADA's efforts to make decent housing accessible to people of all income levels. The Maharashtra Housing and Area Development Authority has quickly risen to the forefront of India's housing sector. And it has been instrumental in a wide range of initiatives, including constructing homes for people of varying socioeconomic backgrounds, restoring damaged buildings, and providing basic services to residents of urban slums.

Projects by Mhada in Mumbai
  • All
  • Under Construction
  • Ready to Move

How does Mhada Building Parel compare with other top projects?

Compare Mhada Building Parel with similar projects. Evaluate pricing, configurations, possession timelines, and project scale to find the best fit for your needs.
The Honest Take
current Project
Mhada Building Parel
Mhada Building Parel
Parel, Mumbai
Price ₹1.56 Cr
Configuration 1 BHK Flats
Unit Size 420 Sq. Ft
Possession N/A
Status
Ready to Move
RERA No.
A51800000454
Rohan Lifescapes Hari Har
Rohan Lifescapes Hari Har
Girgaon, Mumbai
Price ₹1.87 Cr - 5.39 Cr
Configuration 1, 2, 3 BHK Flats
Unit Size 341 to 980 Sq. Ft
Possession Dec 2018
Status
Ready to Move
RERA No.
P51900014987
Rohan Lifescapes Siddhant
Rohan Lifescapes Siddhant
Girgaon, Mumbai
Price ₹1.94 Cr - 4.30 Cr
Configuration 1, 2 BHK Flats
Unit Size 386 to 856 Sq. Ft
Possession Dec 2024
Status
Ready to Move
RERA No.
P51900020887
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Frequently Asked Questions About Mhada Building Parel

Q: What configurations are available at Mhada Building Parel?

Mhada Building Parel offers 1 BHK Flats catering to different space and budget requirements.

Q: What is the price range of flats in Mhada Building Parel?

Apartment prices at Mhada Building Parel start from ₹ 1.56 Cr and go up to ₹ 1.56 Cr, with an average price of ₹ 0 Per Sq. Ft. per sq ft.

Q: Can I get a home loan for Mhada Building Parel?

Yes, most major banks and NBFCs offer home loans for ready-to-move projects like Mhada Building Parel, subject to eligibility.

Q: What documents are required to buy a flat in Mhada Building Parel?

Buyers need identity proof, address proof, agreement to sell, sale deed, and registration documents for purchasing in Mhada Building Parel.

Q: How is the connectivity from Mhada Building Parel?

Mhada Building Parel enjoys excellent connectivity via Eastern Express Highway, N M Joshi Marg and is well connected to the Mumbai South area.

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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