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Parel, Mumbai

  • 4.5
  • (4 Reviews)
+3 Photos
Mumbai
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Location Map of Parel, Mumbai
  • Rank 19 out of 999 localities
  • Average Sale Price ₹ 43,850/Sq. Ft.
  • Average Rental ₹ 111/Sq. Ft.

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.
Lifestyle(4.1/5)

  • Diverse shopping options, including renowned clothing stores.
  • Quality gyms and fitness centers for active lifestyles.
  • Variety of restaurants and cafes for delightful dining.

Livability(4.4/5)

  • Multiple metro stations ensure easy citywide access.
  • Vibrant shopping malls and supermarkets enhance convenience.
  • Colleges and schools foster strong educational community.

Connectivity(4.4/5)

  • Transportation options: 16 total enhancing local mobility.
  • Nearby metro stations like Mahalaxmi and Worli.
  • Railway and bus stops facilitate seamless commuting.

Edu & Healthcare(4.8/5)

  • Three hospitals ensure comprehensive healthcare access nearby.
  • Diverse colleges offer quality higher education options.
  • Proximity to schools and clinics enhances community well-being.

Why Choose Parel for Living? Advantages & Considerations

What is Great?

  • Railway connectivity & strategic location
  • Access to biggest commercial hub in Mumbai
  • Excellent social infrastructure
  • Eastern & Western Express Highways & Sea-Link
  • Monorail connectivity

What is Concerning?

  • Traffic congestion in peak hours
  • Limited mid range housing options

Explore Key Amenities in Parel, Mumbai

map
  • Schools

  • Bus Stops

  • Hospitals

  • Restaurants

  • College and Universities

  • Clinics

  • Gym Fitness

  • Clothings

  • Temples

  • Cinema Halls

Schools Near by Parel
K M S English Medium School 0.15 KM
K.m.s. Dr. Shirodkar School 0.15 KM
Kms Parel Night Junior College 0.16 KM
Parel English High School 0.28 KM
Vibgyor 0.39 KM
The Milind Night High School And Junior College 0.46 KM
Jbcn International School Parel 0.54 KM
Saibaba Path Mumbai Public School 0.55 KM
Ssl English School 0.71 KM
Tulsi Manas School 0.76 KM
Bus Stops Near by Parel
Mahatma Gandhi Hospital M.d College 0.08 KM
Dr.shirodkar High School 0.10 KM
Mahatma Gandhi Hospital 0.16 KM
Mahatma Gandhi Hospital (parel) 0.18 KM
K.e.m.hospital 0.29 KM
Parel Workshop 0.30 KM
K.e.m Hospital 0.33 KM
Parel Staff Quarters 0.34 KM
K.e.m. Nurses Colony 0.35 KM
Wadia Maternity Hospital 0.48 KM
Hospitals Near by Parel
Krishna Eye Centre- Best Eye Hospital In Mumbai | Best Eye Surgeon In Mumbai | Eye Specialist Mumbai 0.09 KM
Tata Memorial Center 0.12 KM
Esi Mahatma Gandhi Memorial Hospital 0.20 KM
Wellness Forever Pharmacy - K.e.m. Hospital 0.22 KM
Nana Palkar Smruti Samiti 0.27 KM
Gandhi Hospital Parel East 0.33 KM
Maru Hospital 0.39 KM
Kem Hospital- Boys' Hostel 0.40 KM
King Edward Memorial Hospital (kem Hospital) 0.40 KM
Library Building 0.41 KM
Restaurants Near by Parel
Kebabs & Kurries - Itc Grand Central 0.28 KM
Hornbys Pavilion - Itc Grand Central 0.28 KM
Aditi 0.40 KM
Shree Datta Boarding 0.69 KM
Pc Cafe 0.96 KM
Cafe Panama 1.08 KM
Epitome 1.08 KM
Canto Restaurant & Banquet 1.10 KM
Todi Mill Social 1.14 KM
Toit 1.17 KM
College and Universities Near by Parel
M D College Of Arts 0.06 KM
College Of Physicians & Surgeons Of Mumbai 0.13 KM
R. M. Bhatt College 0.54 KM
Dr. T. K. Tope Arts & Commerce Night Senior College 0.57 KM
Ice College Of Hotel Management And Catering Technology 0.89 KM
Joseph Cardijn Technical School(iti) 0.93 KM
G.d. Ambekar Pratishthan College Of Management And Technology 0.97 KM
Aim Para-medical Institute. Medical Lab Technician 1.00 KM
Jai Vakeel Foundation & Research Centre 1.01 KM
Mahatma Phule College 1.02 KM
Clinics Near by Parel
Infinity Medical Centre - Home Blood Test 0.24 KM
Agilus Diagnostics Dr. Phadke Labs - Parel 0.39 KM
Just Cure Physiotherapy And Rehab 0.54 KM
Aarthi Scans & Labs | Parel | Diagnostic Center 0.65 KM
Sabka Dentist - Lalbaug 0.68 KM
Healing Hands:dr Nupura Gandbhir Borkar..gynaecology-infertility-obstetrics-skin-hair-lasers.best Gy 0.80 KM
Pc Diagnostics 1.02 KM
Primacare Diagnostics 1.08 KM
Dr Lakin Vira - Best Piles & Fissure Fistula Surgeon | Hernia & General Surgeon In Lalbaug 1.10 KM
Dr. Jeet V Savla 1.10 KM
Gym Fitness Near by Parel
Fitfuda 1.11 KM
Gold's Gym Lower Parel 1.21 KM
Utthaan Wellness 1.24 KM
Focus Fitness 1.27 KM
Adyantiyoga (a Group Of Traditional Yogis) 1.28 KM
Cult Gym Oic Lower Parel 1.38 KM
Fitness 365d (lalbaug) 1.42 KM
Cult Gym Lower Parel 1.59 KM
Zest Fitness 1.61 KM
Yog Kimaya 1.68 KM
Clothings Near by Parel
Z-bat Clinic 0.26 KM
Cottonking Lalbaug 0.62 KM
Retail Mills Cloth Stores 0.73 KM
Jockey Store-gurukrupa 0.82 KM
Just Wear 1.13 KM
Sameer Collection 1.30 KM
Manyavar & Mohey 1.74 KM
Decathlon Sports Prabhadevi 2.13 KM
Fabindia 2.20 KM
Manyavar 2.35 KM
Temples Near by Parel
Baradevi Temple 0.74 KM
Shree Ghodapdev Temple. 1.99 KM
Ravindra Natya Mandir 2.10 KM
Baps Shri Swaminarayan Mandir 2.12 KM
Prabhadevi Mandir 2.19 KM
Albela Hanuman Mandir 2.20 KM
Shri Shantinath Bhagwan Shwetambar Jain Temple 2.22 KM
Shree Siddhivinayak Temple 2.26 KM
Nipponzan Myohoji Buddhist Temple 2.61 KM
Golphadevi Mandir 3.35 KM
Cinema Halls Near by Parel
Premier Cinema 0.93 KM
Gold Cinema 1.14 KM
Jaihind Mukta A2 Cinemas 1.55 KM
Pvr - Phoenix Lower Parel 1.81 KM
Inox Nakshatra Mall 2.32 KM
Odeon Theatre - Cinema 2.35 KM
Palace Talkies 2.68 KM
Orama 4d Theatre 2.89 KM
Inox Insignia 2.92 KM
Movietime: Star City 3.29 KM

Check Travel Time from Parel to Major Areas in Mumbai

Price Rates & Insights for Parel, Mumbai

Asking Price in Parel
Parel has 556 Listings on Marketplaces with Median Price of ₹ 43.9 K/Sq.Ft.
Transaction Value Sale Count
31.5K - 35.5K 45
35.5K - 40K 98
40K - 44K 140
44K - 48K 133
48K - 52.5K 89
52.5K - 56.5K 51
Govt. Registrations in Parel
1,281 Sales Transactions Registered in Parel From Nov 24 to Oct 25 at Avg. Price ₹ 27.4 K/Sq.Ft.
Sales Transactions
1,281
Gross Sales Value
₹ 3,451 Cr
Registered Rate
₹ 27,450 / Sq. Ft.
Transaction Period Nov 24 to Oct 25
Rental Supply in Parel
Monthly Rent in Parel ranges from ₹ 27.2 K to ₹ 4.5 L with options available for STUDIO,1,2,3,4,5,6 BHK units
Configurations In Parel
STUDIO ₹ 27.2 K
1 BHK ₹ 51.2 K
2 BHK ₹ 1.3 L
3 BHK ₹ 1.9 L
4 BHK ₹ 3 L
5 BHK ₹ 4.5 L
6 BHK ₹ 4.5 L
View More
Near by Locations for Parel
Parel avg. price is ₹ 43.9 K/Sq.Ft. compared to Mumbai at ₹ 35.6 K/Sq.Ft.
₹ 54,950
Senapati Bapat Marg
₹ 52,300
Lower Parel
₹ 43,850
Parel
₹ 40,000
Chinchpokli
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Property Demand & Supply in Parel, Mumbai

  • Sale
  • Rent
By Property Type
Demand
Supply
Apartment
99%
98%
By BHK
Demand
Supply
1 BHK
30%
5%
2 BHK
39%
34%
2.5 BHK
1%
12%
3 BHK
21%
40%
4 BHK
6%
4%
By Budget
Demand
Supply
Below 50 L
12%
3%
50 L - 2 Cr.
18%
7%
2 Cr. - 5 Cr.
46%
35%
Above 5 Cr.
22%
54%
By Property Type
Demand
Supply
Apartment
99%
97%
By BHK
Demand
Supply
1 BHK
26%
11%
1 RK
1%
1%
2 BHK
41%
53%
2.5 BHK
4%
0%
3 BHK
20%
27%
By Budget
Demand
Supply
Below 15000
3%
5%
15000 - 30000
6%
2%
30000 - 50000
19%
8%
Above 50000
70%
83%

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Reviews & Ratings of Parel, Mumbai

Read the reviews about Parel, Mumbai and see what residents and real estate experts have to say about the project.

4.5
4 Ratings
  • 5 Star
  • 4 Star
  • 3 Star
  • 2 Star
  • 1 Star
What’s good
  • Centrally Located with Good Connectivity
  • Reputed Schools or Hospitals in the Vicinity
  • Business Hubs & Offices in Close Proximity
  • Plenty of Shopping & Entertainment Options Nearby
What’s bad
  • Very Few Shopping or Entertainment Options
  • Limited or no Green Areas & Parks
  • Water Logging & Sewage Disposal Problems
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