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Parel, Mumbai

Mumbai, 400012
Parel, Mumbai
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New Projects: ₹ 76.32 L - ₹ 29 Cr
336 Projects Project in Parel
Buy: ₹ 32,659 Per Sq. Ft
Rent: ₹ 102 Per Sq. Ft
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About Parel, Mumbai

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 to its proximity to Elphinstone Road Station.

In the past, Parel used to host a lot of textile mills. Slowly, these textile mills are replaced by commercial office space development. Apart from this, Parel also has a political history. From 1962 to 2004, Parel was the Vidhan Sabha constituency of Maharashtra. It was incorporated into the Shivadi constituency by the demarcation of the 2008 Parliamentary and Assembly Constituencies Order. Not only this, the name Parel is derived from the Parli Vaijnath Mahadev Temple. The temple is dedicated to Lord Shiva.

Brief description - Parel

The coordinates of Parel are 18.9977 degrees north latitude and 72.8376 degrees east longitude. Also, the area is under the control of the Municipal Corporation of Greater Mumbai for civic amenities. The development of commercial towers in Parel has increased exponentially. This makes the location suitable for the working class.

Parel, like many other places in Mumbai, has seen significant growth in real estate. Parel is well connected to the Mumbai Currey Road Railway Station as well as Chhatrapati Shivaji International Airport. Moreover, Parel is 12 minutes drive from King’s Circle Flyover and 20 minutes from Bandra-Worli Sea Link. The good connectivity of the location makes it the perfect place to invest in.

What’s great about Parel?

Parel is a safe locality, all credit goes to the local police and their strict patrolling policy. It is very well connected with significant spots of the city. The road infrastructure of Parel is excellent. Parel is children-friendly as well. BMC Garden and Children’s Park are the most famous amusement parks in the locality. Parel also provides a hygienic environment. This ensures a disease friendly atmosphere for the residents.

What’s not great about Parel?

Parel provides one of the best living conditions, and therefore, the price of residential buildings is high in comparison to the remaining city.

Physical Infrastructure and Liveability Index

Parel is located in one of the most livable parts of the city. The area has a history of several textile mills. Parel is well connected to major road and rail networks.

There are dozens of office spaces that serve as workplaces for many people. Well-known local schools are the Helen Keller Institute and Cama Montessori & Primary School. Notable universities here include Seth GS Medical College and Maharishi Dayanand College of Arts, Science, and Commerce. Major hospitals here include Global Hospitals and Mahatma Gandhi Memorial Hospital. Palladium Mall and High Street Phoenix are Parel's most famous shopping malls.

Nearby Parel - Distance Calculator

Parel is located in Mumbai City of Maharashtra. It offers easy connectivity with other parts of the city via roads and railways.

Approximate distance from Parel to

Lower Parel: 3.1 km

Chinchpokli: 1.5 km

Dadar East: 1.6 km

Prabhadevi: 2.6 km

Worli: 4.7 km

Commute time from Parel to

Lower Parel: 7 min

Chinchpokli: 4 min

Dadar East: 3 min

Prabhadevi: 6 min

Worli: 10 min

Cab fare from Parel to

Lower Parel: Rs. 108 - Rs. 174

Chinchpokli: Rs. 120 - Rs. 194

Dadar East: Rs. 108 - Rs. 174

Prabhadevi: Rs. 110 - Rs. 196

Worli: Rs. 110 - Rs. 178

Transport services availability

Parel offers a variety of transport options. It has a well-built system of roads and railways. Cabs, taxis, autos, buses, etc., are readily available in the neighborhood. The nearest airport is Chhatrapati Shivaji International Airport, 8.2 km away. The nearest train station is Mumbai Currey Road, 0.79 km away. There are monorail connections to many commercial hubs in Mumbai. Parel and Lower Parel stations are on the Mumbai Suburban Railway line. Elphinstone Road railway station is nearby, which is a part of the Western Line.

How do people rate Parel?

Over the years, Parel has attracted many business hubs. Parel offers immense connectivity to other parts of the city. All the basic necessities, like schools, markets, malls, hospitals, etc., lie in close proximity. Also, people are quite content with the quality of living offered by Parel.

How to visit Parel?

There are numerous ways in order to reach this place in Mumbai. Let us get through the list of ways to reach Parel from any other city.

  • Take a train to reach Mumbai Currey Road railway station.
  • The nearest airport to Parel is Chhatrapati Shivaji International Airport, 8.2 km away.
  • Airports in nearby cities include Pune, Surat, Vadodara, and Aurangabad. Reach any of the places by air and then take a bus or train to Parel.

Parel comparison

  • Navi Mumbai is in a development phase, while Parel is very well developed.
  • Proximity to malls, markets, schools, and hospitals is yet another reason to choose Parel over other places.
  • It is also very well connected to a wide network of roads and railways.
What’s on your mind askQuestion Ask and get answers from our Property Experts

Why Should You Invest in Parel, Mumbai?

What’s Great About Parel
  • Railway connectivity & strategic location
  • Access to biggest commercial hub in Mumbai
  • Excellent social infrastructure
  • Eastern & Western Express Highways & Sea-Link
  • Monorail connectivity
What’s Not Great About Parel
  • Traffic congestion in peak hours
  • Limited mid range housing options

How to Visit Parel, Mumbai?

Parel Mumbai
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Parel Map and Nearby Landmarks
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  • Schools
  • City Connections
  • Shopping Centers
  • Business Hubs
  • Hotels
  • Hospitals
Hotel Near by Parel
Business Hub Near by Parel
Shopping Center Near by Parel
City Connection Near by Parel

Social Infrastructure Nearby Parel, Mumbai

School Nearby Parel, Mumbai
  • Dr. Shirodkar Highschool
  • Sindh National High School
  • Swami Hansumani College
  • StJohn High School
  • Shahid Bhagat Singh Kuwarram School
  • Jaslok High School
  • Social Service League High School And Junior College
  • R M Bhatt High School And Junior College
  • JBCN International School
  • Shri Velji Lakhamshi Napoo High School And Junior College Of Commerce
+ (8) more
Hospital Nearby Parel, Mumbai
  • Sanjeevani Hospital
  • Shree Maternity Hospital
  • Madhavbaug Clinic Ulhasnagar East
  • Bai Jerbai Wadia Hospital For Children
  • Shree Vighnaharta Hospital
  • Government Hospital
  • Ashirwad Hospital
  • Manas Hospital
  • Shrishti Nursing Home
  • Shivneri Hospital
+ (8) more
Business Hub Nearby Parel, Mumbai
  • Modi Business Centre

Property Rates & Price Trends in Parel

Summary For Parel

Location Summary: Parel

Parel is one of the prime locations in Mumbai, known for its excellent connectivity, top-notch infrastructure, and proximity to major business districts. The area is also home to some of the best residential properties, making it a popular choice among investors and homebuyers.

Rental Rate: The average rental rate in Parel is ...

5.0
1 Rating
  • 5 Star 1
  • 4 Star 0
  • 3 Star 0
  • 2 Star 0
  • 1 Star 0
What’s good
  • Centrally Located with Good Connectivity
  • Business Hubs & Offices in Close Proximity
  • Reputed Schools or Hospitals in the Vicinity
  • Plenty of Shopping & Entertainment Options Nearby

Demand in Parel, Mumbai

  • Sale
  • Rent
Property Type
Enquiries
Apartment
99%
BHK
Enquiries
1 BHK
30%
2 BHK
39%
2.5 BHK
1%
3 BHK
21%
4 BHK
6%
Budget
Enquiries
Below 50 L
12%
50 L - 2 Cr.
18%
2 Cr. - 5 Cr.
46%
Above 5 Cr.
22%

Supply in Parel, Mumbai

  • Sale
  • Rent
Property Type
Listings
Apartment
277
98%
BHK
Listings
1 BHK
36
12%
2 BHK
119
42%
2.5 BHK
7
2%
3 BHK
87
31%
4 BHK
22
7%
Budget
Listings
Below 50 L
24
8%
50 L - 2 Cr.
32
11%
2 Cr. - 5 Cr.
127
45%
Above 5 Cr.
98
34%
Hot Selling Projects in Parel, Mumbai
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Top Real Estate Experts in Parel, Mumbai
Y
Yusuf Moinuddin Shaikh
Mumbai, Maharashtra
  • 2 Years Experience
  • 15 Transactions
  • Speaks: English
  • Verified Transactions: 15
Ankit Kumar Mumbai, Maharashtra
Ankit Kumar
Mumbai, Maharashtra
  • 5 Years Experience
  • 192 Listings in Parel
  • Speaks: English,Hindi,Marathi
Satish Dalvi Mumbai, Maharashtra
Satish Dalvi
Mumbai, Maharashtra
  • 81 Listings in Parel
  • Speaks: English,Hindi,Marathi
Aparna Gomane Mumbai, Maharashtra
Aparna Gomane
Mumbai, Maharashtra
  • 10 Years Experience
  • 30 Listings in Parel
  • Speaks: English,Hindi,Marathi
S
Sunil Rajaram Palav
Mumbai, Maharashtra
  • 5 Listings in Parel
  • Speaks: English,Hindi,Marathi
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