Maharashtra
Parel, Mumbai — Locality Overview
Parel is a residential corridor in Mumbai, Maharashtra. This overview covers indicative pricing, rental yields and the projects currently marketed in and around the locality.
Indicative asking rates around Parel, Mumbai are in the range of ₹22,800/sqft, with typical 2 BHK options near ₹1.60 Cr — treat these as directional estimates and verify current quotes with developers before shortlisting.
Gross rental yields around Parel indicatively run near 2.6%, with 2 BHK rents in the region of ₹68,500/month. Yields compress in premium pockets and widen in emerging stretches.
Projects to explore
New launchSahyadri Chs Parel
Parel, Mumbai
New launchNakshatra Chs Parel
Parel, Mumbai
New launchSurya Darshan Apartments Parel
Parel, Mumbai
New launchMhada Building Parel
Parel, Mumbai
by Mhada
New launchSnehdeep Chs Parel
Parel, Mumbai
New launchDimple Apartments Parel
Parel, Mumbai
by Dimple
New launchMaharashtra Chs Parel
Parel, Mumbai
New launchShraddha Chs Parel
Parel, Mumbai
New launchKamal Darshan Parel
Parel, Mumbai
New launchSudarshan Chs Parel
Parel, Mumbai
by Sudarshan
New launchMahalaxmi Chs Parel
Parel, Mumbai
by Mahalaxmi
New launchMahavir Heights Parel
Parel, Mumbai
New launchNisarg Chs Parel
Parel, Mumbai
by Nisarg
New launchGalaxy Apartment Parel
Parel, Mumbai
by Galaxy
New launchDarshan Heights Parel
Parel, Mumbai
by Darshan
New launchShivshakti Chs Parel
Parel, Mumbai
by Shivshakti
New launchSwarajya Chs Parel
Parel, Mumbai
New launchKk Tower Parel
Parel, Mumbai
New launchVarun Apartments Parel
Parel, Mumbai
New launchGirnar Tower Parel
Parel, Mumbai
New launchPrime Plaza Parel
Parel, Mumbai
New launchShree Sai Ganesh Parel
Parel, Mumbai
New launchAmogh Chs Parel
Parel, Mumbai
New launchAmeya Chs Parel
Parel, Mumbai
Localities in Mumbai
| Locality | Indicative rate (₹/sqft) | |
|---|---|---|
| Aagman | 31,100 | View |
| Aarey Colony | 19,000 | View |
| Aarey Colony Goregaon East | 16,500 | View |
| Aarey Road | 15,200 | View |
| Abhinav Nagar | 15,800 | View |
| Abhyudaya | 33,600 | View |
| Adarsh Nagar | 12,700 | View |
| Adarsh Nagar Jogeshwari West | 13,700 | View |
| Agar Bazar | 13,600 | View |
| Aghadi Nagar | 19,400 | View |
| Agripada | 27,600 | View |
| Airport Area Juhu | 24,200 | View |
| Aksa Gaon | 17,200 | View |
| Altamount Road | 17,200 | View |
| Ambapada | 28,500 | View |
| Ambedkar Chowk Area | 16,500 | View |
| Ambedkar Colony | 21,300 | View |
| Ambedkar Nagar | 25,200 | View |
| Ambewadi | 12,900 | View |
| Ambika Nagar | 33,700 | View |
| Ambivali | 28,700 | View |
| Ambivali Jogeshwari West | 15,900 | View |
| Amboli | 24,500 | View |
| Amboli Andheri West | 25,100 | View |
| Amrut Nagar | 26,000 | View |
| Anand Nagar | 17,400 | View |
| Anand Nagar Dahisar | 29,800 | View |
| Anand Nagar Dahisar East | 28,900 | View |
| Anand Park | 16,300 | View |
| Anandwadi | 15,300 | View |
Rates are indicative estimates for orientation only — verify current quotes with developers and recent transactions.
Frequently asked questions
What is the average property rate in Parel?
Indicatively around ₹22,800/sqft; premium towers and newer stock quote above the corridor average.
What does a 2 BHK rent for in Parel?
Indicatively near ₹68,500/month depending on furnishing, age and society amenities.
Is Parel good for investment?
Indicative gross yields near 2.6% with appreciation tied to corridor infrastructure. Diligence upcoming supply before committing.
Explore more in Mumbai
Market figures on this page (about ₹22,800/sqft locally) are indicative estimates, not quotes.