coming soon
Shramik Niwas Parel, Mumbai
Price on Request
About Shramik Niwas, Parel by
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.
- School: Swatantryaveer Savarkar Library is just 0.24 km away, providing quality education for children.
- Hospital: Dr Hemendra C Shah is 0.36 km away, ensuring timely medical attention in case of an emergency.
- City Connection: Parel Post Office is 0.74 km away, providing a convenient connection to the city.
- Hotel: ITC Grand Central is 0.99 km away, perfect for guests and visitors.
- Shopping Center: Phoenix Palladium is 1.16 km away, offering a range of shopping and dining options.
- Business Hub: Lodha Excelus is 0.58 km away, providing a hub for business and entrepreneurship.
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.
Shramik Niwas Floor Plans and Pricing
coming soon
Government Registrations in Shramik Niwas
1 Sales Transactions Registered in Shramik Niwas From Nov 25 to Oct 26 at Avg. Price ₹ 43.8 K/Sq.Ft.
No Square Yards registrations available for this project yet.
Shramik Niwas Price Trends and Market Insights
Price Trends
Shramik Niwas's average asking price is stable quarter-on-quarter, compared with Parel.
- Current asking price
- ₹ 37,800/sq.ft.
- Quarter over quarter price change
- -0.3% QoQ
Comparable Projects
Shramik Niwas avg. price is ₹ 37.8 K/Sq.Ft. compared to Parel at ₹ 46.2 K/Sq.Ft.
Rentals
Monthly Rent in Parel ranges from ₹ 28 K to ₹ 5.3 L with options available for STUDIO,1,2,3,4,5 BHK units
Recent Updates
Get the latest price and market updates for Shramik Niwas.
-
A total of 1 residential transactions has been registered so far for Shramik Niwas, amounting to ₹ 70 L till October 2026.
-
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.
-
During Q2'2026, average property prices for Shramik Niwas moved from ₹ 36,050/sqft to ₹ 37,900/sqft, reflecting a 5.13% rise.
-
During Q1'2026, average property prices for Shramik Niwas moved from ₹ 32,150/sqft to ₹ 36,050/sqft, reflecting a 12.13% rise.
Govt. Registrations
1 Sales Transactions Registered in Shramik Niwas From Nov 25 to Oct 26 at Avg. Price ₹ 43.8 K/Sq.Ft.
Transaction Period Nov 25 to Oct 26
Amenities & Specifications of Shramik Niwas
Sports
- Kids' Play Areas / Sand Pits
Convenience
- Power Backup
- Treated Water Supply
- 24*7 Water Supply
Safety
- 24 x 7 Security
Environment
- Normal Park / Central Green
Leisure
- Indoor Games
Specifications
- Master Bedroom-Walls
- Oil Bound Distemper
- Master Bedroom-Flooring
- Vitrified Tiles
- Walls
- Oil Bound Distemper
- Living Area-Flooring
- Vitrified Tiles
Location and Connectivity Around Parel

Connecting Roads
Trust & Verification
RERA Details of Shramik Niwas
- Square Yards RERA Reg. A51800000454
Share your genuine review and help other buyers make an informed decision.
Frequently Asked Questions About Shramik Niwas
Sharmik Niwas places significant emphasis on the comfort and convenience of its residents, offering amenities like 24 x 7 security, power backup, and recreational areas like indoor games and kids play areas.
Shramik Niwas offers Studio units with an area of 160 Sq. Ft., with prices available on request.
Shramik Niwas is a well-occupied project with oil-bound distemper walls and vitrified tile flooring in the master bedroom and living areas, ensuring a safe and durable living space.
Yes, Shramik Niwas is located near Dr Baba Saheb Ambedkar Marg, with a distance of just 0.3 km, making it an ideal location for those seeking connectivity and amenities.
This information is not provided in the given project details.
This information is not provided in the given project details.
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.