During Q1'2026, average property prices for Shramik Niwas moved from ₹ 32,150/sqft to ₹ 35,300/sqft, reflecting a 9.80% rise.
Introducing Shramik Niwas, a new residential project located in the heart of Parel, just 0.3 km away from the prominent Dr Baba Saheb Ambedkar Marg. This project offers a perfect blend of comfort, convenience, and luxury, making it an ideal choice for individuals and families alike. With the latest amenities and specifications, Shramik Niwas is poised to redefine the concept of living.
The project boasts of a range of amenities that cater to the modern lifestyle, including kids play areas/sand pits for the young ones and power backup for added convenience. With stringent quality standards in place, Shramik Niwas ensures that every unit meets the highest standards of comfort, safety, and aesthetics.
For those who prioritize convenience and flexibility, Shramik Niwas offers studio units with 160 square feet of living space, available at a price that s competitively priced. With its prime location, state-of-the-art amenities, and smart specifications, this project is sure to draw inspiration from the best of real estate developments in the city.
Available Unit OptionsThe following table outlines the available unit options at Shramik Niwas:
| Unit Type | Area (Sq. Ft.) | Price (Rs.) |
| Studio | 160 | 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.
Recent government-registered data for real estate transactions reveals a unique snapshot of the market s current standing. Over the past 12 months, the region has seen a total of 1 government-registered sales transaction, with a combined gross sales value of 4,000,000, indicating a substantial movement in the market. Furthermore, the current sales rate stands at 20,833, showcasing the price movement within the timeframe. As the real estate market continues to evolve, tracking these government-registered transactions provides valuable insights for investors and homeowners alike.
During Q1'2026, average property prices for Shramik Niwas moved from ₹ 32,150/sqft to ₹ 35,300/sqft, reflecting a 9.80% rise.
| Master Bedroom-Walls | Oil Bound Distemper |
| Master Bedroom-Flooring | Vitrified Tiles |
| Walls | Oil Bound Distemper |
| Living Area-Flooring | Vitrified Tiles |
Insights based on nearby schools, healthcare, connectivity, workplaces and everyday infrastructure.
Families with school-going children may benefit from multiple education options nearby, helping reduce long daily commutes and making regular drop-offs more convenient.
Strong connectivity through key transport routes can improve accessibility and may strengthen long-term demand for the location.
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Connecting Roads - Shramik Niwas
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*Real Estate (regulation & development) act 2016.