Real Estate Growth, Market Trends & Property Rates / Prices in Parel, Mumbai

Parel is a neighborhood of Mumbai which is divided into two parts Upper Parel and Lower Parel. Parel comprises skyscraper apartments, utmost restaurants and pubs, commercial properties, hotels and boutiques. Parel is one of the best locations to rent or buy residential apartment, flats in Mumbai. Parel is a suitable place to establish commercial offices and for corporate.

Parel contains some well-known hotel such as ITC Hotel, Mumbai – The Luxury Collection Etc. Apart from this; Parel has medical facilities such as hospitals, clinics. It’s will a best option to buy or rent commercial properties in Parel for a prosperous business. Parel is 8 kms from CST and 16 km approx from Chhatrapati Shivaji International Airport, Mumbai.