Experience elevated living in this 1-bedroom, 1-bathroom apartment for rent in the vibrant locality of Lower Parel, Mumbai.
Located on the 12th floor of Shreeniwas Tower, this 250 square feet semi-furnished apartment offers a comfortable and convenient lifestyle with a clear view of a landmark.
The building features essential amenities such as kids' play areas, a power backup system, an attached market, a restaurant, 24 x 7 security, a balcony, and high-speed elevators, ensuring daily needs are met with ease.
Additional conveniences include a medical facility, visitor's parking, serviced apartments, hypermarket, ATMs, and laundry and cleaning services.
The property is Vastu compliant, situated in a safe and secure locality, and ideal for families seeking a quick deal.
This apartment is well-suited for those who value a blend of comfort, security, and accessibility in a prime Mumbai location.
Secure this rental property to enjoy the benefits of a well-connected neighborhood and a host of modern facilities.
AI enhanced content based on submitted property information
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.
Lower Parel is a major commercial suburb of Mumbai, located 9.5 kilometres from downtown South Mumbai. It is centrally located between Naigaon, Chinchpakoli, Worli, and Sewri. Lower Parel is home to a number of upscale residential and commercial buildings constructed by developers such as Indiabulls, Soundline Realty, Orbit, and Zeus Housing and Construction. Lower Parel's prominent residential projects include Indiabulls Sky Forest, Soundlines Florence, Orbit Grand, and Zeus Heritage.
Price Insights
Average Asking Price in Lower Parel
₹ 194/Sq.ft
For ApartmentBased on active listings and recent trends
Train routes, cabs, and buses are most frequently used by the local public
Concerning
+5 More
Roads and bridges need immediate development in most areas
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Reviews (62)
I live here as it’s famous for corporate hubs. I enjoy the upscale vibe and great rail connectivity. I feel the neighbourhood planning is quite professional. I am near Global Hospital and J.J. Academy. My suggestions come from my experiences with high rents and constant construction noise.