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Neumec Elegance Lower Parel, Mumbai

Neumec Elegance by Neumec in Lower Parel, Mumbai is a Ready to Move Apartment development with 1 BHK Flats configurations. Unit sizes range from 715 Sq.Ft. to 754 Sq.Ft. across a total area of 1 Acres.
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  • ₹2.20 Cr - 2.32 Cr + Charges
    Price Insights
  • Project Status Ready to Move
  • Unit Config 1 BHK Flats
    Size 715 to 754
    Sq. Ft
    Number of Units 38
    Total area 1 Acres
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About Neumec Elegance

Neumec Elegance is an upcoming project that offers premium quality apartments in the heart of Mumbai South. Situated on an acre of prime land, the project offers 1BHK apartments that come in sizes ranging from 715 sqft to 754 sqft. The project is well connected to all the social infrastructure like Maru Hospital, and is also easy to access from Currey Road Railway Station, making it a great choice for those looking for a quick commute.

Neumec Elegance Price List

Unit Type (Saleable) Price*
1 BHK Apartment 715
Sq. Ft
₹ 2.20 Cr Check Availability
1 BHK Apartment 754
Sq. Ft
₹ 2.32 Cr Check Availability

Neumec Elegance Recent Updates

Last Update: Jun 2026
Jun 2026

A total of 1 residential transactions has been registered so far for Neumec Elegance, amounting to ₹ 1 Cr till June 2026.

Mar 2026

Rent in Neumec Elegance ranges from ₹ 35 K to ₹ 60 K with options available for Studio, 1 BHK.

Dec 2025

During Q4'2025, average property prices for Neumec Elegance moved from ₹ 40,500/sqft to ₹ 57,250/sqft, reflecting a 41.36% rise.

Neumec Elegance Floor Plans

  • 1 BHK
  • 715 sq.ft ₹ 2.20 Cr
  • 754 sq.ft ₹ 2.32 Cr
Floor plan of 1 BHK 715 Sq. Ft. Apartment in Neumec Elegance, Mumbai
1 BHK 715 Sq. Ft. Apartment
₹ 2.20 Cr + Charges
₹ 1.52 L EMI

Neumec Elegance Photos & Videos

Neumec Elegance Amenities

  • Power Backup
  • 24 x 7 Security
  • CCTV / Video Surveillance
  • Lift
  • 24*7 Water Supply
  • Intercom Facility
  • Kids' Play Areas / Sand Pits
  • Gymnasium
  • Swimming Pool
  • Jogging / Cycle Track
  • Yoga Areas

Neumec Elegance Specifications

Master Bedroom-Walls Acrylic Emulsion
Master Bedroom-Flooring Vitrified Tiles
Other Bedrooms-Flooring Vitrified Tiles
Walls Acrylic Emulsion
Living Area-Flooring Vitrified Tiles
Bathroom Premium Bath Fittings
Structure RCC Frame Structure

Nearby Landmarks - Neumec Elegance

Prime Connectivity Map
Nearby Places
  • Dsb International School
    School
    0.4 km
  • Gopikrishna Piramal Hospital
    Bus Stop
    0.1 km
  • Shenoy Nursing Home
    Hospital
    0.2 km

Is Neumec Elegance 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.

  • Dsb International School within walking distance
  • Shenoy Nursing Home nearby for healthcare access
  • Mahadikar Kalpana Udyan nearby for outdoor time

Check Travel Time

Connecting Roads - Neumec Elegance

  • Khan Abdul Gaffar Khan Marg ~ 2 Kms
  • Dr Annie Besant Road ~ 1.5 Kms
  • Dr Baba Saheb Ambedkar Marg ~ 2.6 Kms
  • Dr E Moses Marg ~ 1.5 Kms

Neumec Elegance RERA Details

  • Square Yards RERA Reg. A51800000454

Price Rates & Insights for Neumec Elegance

Property Valuation

Comprehensive assessment of your property's current worth in the current market

Price Trend in Neumec Elegance
Neumec Elegance's average asking price is cooling quarter-on-quarter, compared with Lower Parel.
Quarter Child Rate Parent Rate
Mar 2026 56650 56950
Dec 2025 57250 53800
Sep 2025 40500 49800
Jun 2025 40500 50150
Govt. Registrations in Neumec Elegance
1 Sales Transactions Registered in Neumec Elegance From Jul 25 to Jun 26 at Avg. Price ₹ 31.6 K/Sq.Ft.
Sales
Transactions
1
Gross
Sales Value
₹ 1 Cr
Registered
Rate
₹ 31,550 / Sq. Ft.
Transaction Period Jul 25 to Jun 26
Rental Supply in Neumec Elegance
Monthly Rent in Lower Parel ranges from ₹ 32.7 K to ₹ 7.2 L with options available for STUDIO,1,2,3,4,5 BHK units
Configurations In Neumec Elegance In Lower Parel
1 BHK - ₹ 50.8 K
2 BHK - ₹ 1.4 L
3 BHK - ₹ 3.6 L
4 BHK - ₹ 4.9 L
5 BHK - ₹ 7.2 L
Comparable Project Pricing for Neumec Elegance
Neumec Elegance avg. price is ₹ 56.6 K/Sq.Ft. compared to Lower Parel at ₹ 57 K/Sq.Ft.
₹ 58,450
Wadhwa Pristine
₹ 57,850
Mon Desir Apartment
₹ 56,950
Lower Parel
₹ 56,800
Sugee Wawada
₹ 56,650
Neumec Elegance
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Recent Registered Transaction in Neumec Elegance

Date Floor/Unit Tower/Wing Area Value Rate/Sq.Ft.  
2025-12-10 Floor 11, Unit 1101 7, A 461 Sq.Ft.
Locality Insights: Lower Parel
Lower Parel is a major commercial suburb of Mumbai, located 9.5 kilometres from downtown South Mumbai. It is centrally located between Naigaon, Chinchpakoli, Worli, and Sewri. Lower Parel is home to a number of upscale residential and commercial buildings constructed by developers such as Indiabulls, Soundline Realty, Orbit, and Zeus Housing and Construction. Lower Parel's prominent residential projects include Indiabulls Sky Forest, Soundlines Florence, Orbit Grand, and Zeus Heritage.
Price Insights Price Insights
Average Asking Price in Lower Parel
₹ 56,950/Sq.ft
For Apartment Based on active listings and recent trends
Property Rates in Lower Parel
Locality Snapshot Locality Snapshot
#67 In Mumbai
Great Great +5 More

Train routes, cabs, and buses are most frequently used by the local public

Concerning Concerning +5 More

Roads and bridges need immediate development in most areas

Know More About Lower Parel
Reviews Reviews (62)
I live here as it’s famous for corporate hubs. I enjoy the upscale vibe and great rail connectivity. I feel the neighbourhood planning is quite professional. I am near Global Hospital and J.J. Academy. My suggestions come from my experiences with high rents and constant construction noise.
— Hansaben Zaveri, Tenant

Properties in Neumec Elegance & Top Sellers

  • Rent
  • Top Sellers
  • All
  • 1 BHK
https://img.squareyards.com/secondaryPortal/optImages/IN_639111793825297531-070426052302232.jpg Cover Image
1 BHK Apartment For Rent in Neumec Elegance Lower Parel, Mumbai
Lower Parel, Mumbai
₹ 95,000
  • Ready to Move
  • 550 Sq.Ft. (Built-up Area)
  • Family
  • Bachelors
https://img.squareyards.com/secondaryPortal/optImages/IN_639036384813242728-1001261041214121.jpg Cover Image
1 BHK Apartment For Rent in Neumec Elegance Lower Parel, Mumbai
Lower Parel, Mumbai
₹ 75,000
  • Ready to Move
  • 715 Sq.Ft. (Saleable Area)
  • Vastu compliant
  • Gated Society
  • Safe & Secure Locality
  • Family
  • Bachelors
Subhashchandra gupata profile picture
Subhashchandra Gupata New Real Estate
  • Rental Listings: 52
Ankit Kumar profile picture
3.8
Ankit Kumar Ishwarchand Real Estate
  • Resale Listings: 1
  • Rental Listings: 43
About Neumec
Neumec Logo
  • Experience 20 Years
  • Total Projects 44
  • Delivered Projects10

Neumec Developers was founded in the 1990s and has evolved into becoming one of the biggest realty players in the country at present. The company is synonymous with excellence and integrity alike. The portfolio of Neumec properties encompasses more than 30 projects in Mumbai that are in various stages of completion and development. The company is an SRA leader and is also involved in redevelopment of dilapidated buildings. The company

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

How does Neumec Elegance compare with other top projects?

Compare Neumec Elegance with similar projects. Evaluate pricing, configurations, possession timelines, and project scale to find the best fit for your needs. The Honest Take
current Project
Neumec Elegance
Neumec Elegance
Lower Parel, Mumbai
Price ₹2.20 Cr - 2.32 Cr
Configuration 1 BHK Flats
Unit Size 715 to 754 Sq. Ft
Possession Jun 30, 2014
Status
Ready to Move
RERA No.
A51800000454
Land Area 1 Acres
Total Units 38
Towers 1
Density 38 Units/Acre
Neumec Eiffel Tower
Neumec Eiffel Tower
Byculla, Mumbai
Price ₹2.74 Cr - 6.90 Cr
Configuration 1, 2, 3 BHK Flats
Unit Size 558 to 1405 Sq. Ft
Possession N/A
Status
Under Construction
RERA No.
P51900007758
Land Area 0.79 Acres
Total Units 65
Towers N/A
Density 82 Units/Acre
Sugee Sadan
Sugee Sadan
Dadar West, Mumbai
Price ₹2.03 Cr - 4.15 Cr
Configuration 1, 2, 3 BHK Flats
Unit Size 724 to 1481 Sq. Ft
Possession N/A
Status
Ready to Move
RERA No.
A51800000454
Land Area 0.2 Acres
Total Units 44
Towers N/A
Density 220 Units/Acre
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Frequently Asked Questions About Neumec Elegance

  • Q: How is the connectivity from Neumec Elegance?
    Neumec Elegance enjoys excellent connectivity via Khan Abdul Gaffar Khan Marg, Dr Annie Besant Road, Dr Baba Saheb Ambedkar Marg, Dr E Moses Marg and is well connected to the Mumbai South area.
  • Q: What configurations are available at Neumec Elegance?
    Neumec Elegance offers 1 BHK Flats catering to different space and budget requirements.
  • Q: Can I rent out my flat in Neumec Elegance immediately after purchase?
    Yes, since Neumec Elegance is ready and legally compliant, owners can rent out their flats soon after registration. Rental demand is supported by the locality’s ranking of 67 and connectivity indices.
  • Q: Can I get a home loan for Neumec Elegance?
    Yes, most major banks and NBFCs offer home loans for ready-to-move projects like Neumec Elegance, subject to eligibility.
  • Q: What documents are required to buy a flat in Neumec Elegance?
    Buyers need identity proof, address proof, agreement to sell, sale deed, and registration documents for purchasing in Neumec Elegance.
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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