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Piramal Mills Tower Lower Parel, Mumbai
Price on Request
Estimated Rent: ₹32K/month
Square Yards experts are actively closing deals
About Piramal Mills Tower, Lower Parel by Mhada
Piramal Mills Tower Floor Plans and Pricing
coming soon
Government Registrations in Piramal Mills Tower
5 Sales Transactions Registered in Piramal Mills Tower From Nov 25 to Oct 26 at Avg. Price ₹ 28.8 K/Sq.Ft.
No Square Yards registrations available for this project yet.
Piramal Mills Tower Price Trends and Market Insights
Price Trends
Piramal Mills Tower's average asking price is cooling quarter-on-quarter, compared with Lower Parel.
- Current asking price
- ₹ 43,050/sq.ft.
- Quarter over quarter price change
- -5.7% QoQ
Comparable Projects
Piramal Mills Tower avg. price is ₹ 43 K/Sq.Ft. compared to Lower Parel at ₹ 54.1 K/Sq.Ft.
Rentals
Monthly Rent in Piramal Mills Tower start from ₹ 32 K with options available for 1 BHK units
Recent Updates
Get the latest price and market updates for Piramal Mills Tower.
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New Underground Water Tunnel to Bolster Mumbai's Water Supply
The Maharashtra government has approved an 8-km-long underground water tunnel project between Pise and Panjrapur in Thane district. This project, to be executed by the BMC, aims to supplement aging pipelines from Bhatsa Dam, thereby strengthening Mumbai's water transportation network.
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A total of 5 residential transactions has been registered so far for Piramal Mills Tower, amounting to ₹ 3 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 Piramal Mills Tower ranges from ₹ 29 K to ₹ 35 K with options available for 1 BHK.
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During Q2'2026, average property prices for Piramal Mills Tower moved from ₹ 44,400/sqft to ₹ 45,650/sqft, reflecting a 2.82% rise.
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During Q1'2026, average property prices for Piramal Mills Tower moved from ₹ 42,800/sqft to ₹ 44,400/sqft, reflecting a 3.74% rise.
Govt. Registrations
5 Sales Transactions Registered in Piramal Mills Tower From Nov 25 to Oct 26 at Avg. Price ₹ 28.8 K/Sq.Ft.
Transaction Period Nov 25 to Oct 26
Rental Listings in Piramal Mills Tower
Explore rental listings currently available in Piramal Mills Tower, Mumbai.
Master Plan, Photos, Videos & Brochure of Piramal Mills Tower
Explore the master plan, project photos and walkthrough videos of Piramal Mills Tower to understand the overall layout, tower placement, amenities, landscaped spaces and key highlights before making your buying decision.
Master Plan 1
- Piramal Mills Tower is a residential development located in Mumbai South, offering homes with easy access to major city arteries. The project emphasizes green and open areas, providing a spacious environment for residents.
- Around 50%-65% of the plot is green, anchored by the Recreational Ground, providing residents with a natural space for relaxation and play.
- The open area covers 55%-70% of the plot, offering residents expansive outdoor zones for breathing space and community interaction.
- Only 15%-20% of the plot has been built on, ensuring homes receive ample light and air with views primarily of open spaces rather than other structures.
- Eastern Express Highway and N M Joshi Marg are close by, making commutes to business districts and the airport straightforward for residents.
- This area provides a dedicated outdoor space for children and families to gather and enjoy.
- The single residential tower, MM/TR-L-225, occupies the wider, central part of the triangular plot.
- Its irregular shape allows for varied apartment layouts within the building footprint.
- The tower is set back from the 10.00 M. Wide internal road on its western side.
- It is positioned to allow space for utilities and green areas towards the eastern corner.
- Residents can easily walk to the dedicated play area located in the eastern corner of the property.
- Essential services like the pump room are conveniently situated adjacent to the play area.
- The main residential building is a short stroll from all on-site facilities.
- All residents have direct, quick access to the property's shared outdoor spaces.
- Homes facing the 9.00 M. Wide internal road might experience some street activity sounds.
- The main building is set back from the 10.00 M. Wide internal road, offering a buffer.
- The property's triangular shape and single tower limit direct views into neighboring units.
- Green buffers along the road edges help absorb some external noise.
- The layout feels open due to the single tower occupying a significant portion of the plot.
- Gaps around the MM/TR-L-225 tower allow for good light penetration into homes.
- Views from the tower likely extend across the property's green zones and beyond.
- The design avoids narrow passages between buildings, promoting an airy feel.
- Residents can move freely on foot around the main residential building.
- Paths connect the living spaces to the shared outdoor recreational zone.
- The property's internal pathways are straightforward, guiding movement between key areas.
- Walking from the tower to the utility facilities is a direct and short route.
- The dedicated outdoor play area offers a safe space for children to engage in activities.
- Older residents can enjoy gentle strolls within the property's landscaped sections.
- The flat terrain around the tower and amenities supports easy movement for all ages.
- Proximity of the main building to the play area allows for easy supervision.
- Landscaped areas with trees line the diagonal boundary of the plot, creating a natural edge.
- A significant green patch is located in the eastern corner, adjacent to utility structures.
- Trees are strategically placed around the perimeter of the residential building.
- The property features planted zones along its southern edge, bordering the internal road.
- Access to the property is provided directly from the 10.00 M. Wide internal road.
- Cars can enter and exit the site from the main road running along the property's edge.
- The internal road network allows for straightforward movement within the development.
- Parking arrangements are not detailed but would likely be near the main building.
- The project offers a distinct living environment with its unique triangular plot shape.
- Residents benefit from a well-defined outdoor area for leisure and utility services.
- The single tower design ensures a less crowded feel compared to multi-tower complexes.
- This property provides a practical urban home with dedicated green and utility spaces.
Living at this area offers a home life centered on spaciousness and easy city access. Professionals will appreciate the quick connections to business hubs, while families can enjoy the dedicated outdoor recreational area. The project stands out for its commitment to extensive open areas within a well connected urban setting.
Download master plan of Piramal Mills Tower to explore layout details in Lower Parel, Mumbai.
Amenities & Specifications of Piramal Mills Tower
Sports
- Badminton Court(s)
- Kids' Play Areas / Sand Pits
- Yoga Areas
- Jogging / Cycle Track
Convenience
- Power Backup
- 24*7 Water Supply
- Lift
Safety
- 24 x 7 Security
- CCTV / Video Surveillance
Leisure
- Party Hall
- Indoor Games
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
Location and Connectivity Around Mhada Lower Parel

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Trust & Verification
RERA Details of Piramal Mills Tower
- Square Yards RERA Reg. A51800000454
How does Piramal Mills Tower compare with similar projects?
Mhada Track Record
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.
Frequently Asked Questions About Piramal Mills Tower
The average asking price in Lower Parel is ₹ 53,450 /Sq.Ft., while the micromarket average asking price is ₹ 40,950 /Sq.Ft..
Buyers need identity proof, address proof, agreement to sell, sale deed, and registration documents for purchasing in Piramal Mills Tower.
Yes, Piramal Mills Tower is a Ready to Move residential project, allowing buyers to take possession immediately without any construction wait.
Residents of Piramal Mills Tower can enjoy amenities such as Badminton Court(s), Kids' Play Areas / Sand Pits, Power Backup, 24*7 Water Supply, 24 x 7 Security, CCTV / Video Surveillance, Party Hall, Indoor Games, Rain Water Harvesting, Normal Park / Central Green, designed for comfort and a modern lifestyle.
Yes, since Piramal Mills Tower 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.
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.