Investing In Lower Parel: The Top 4 Benefits
Investing in Lower Parel- For many people, buying property in Mumbai looks like a viable alternative. When looking for desirable areas to invest in real estate, investors frequently choose South Mumbai. In Mumbai’s posh neighbourhoods like Cuffe Parade, Juhu, Bandra, etc., there are several residential complexes that are popular with purchasers. Real estate in Mumbai is renown for being among the most expensive in the world. You must be aware of the type of property you want before purchasing one in Mumbai. Every type of buyer has several possibilities in Mumbai, whether they are looking for a luxury property, a villa, or a straightforward flat.
Are you searching for new projects in vasai?
Lower Parel is the neighbourhood to look in if you’re seeking for property in South Mumbai that’s in a neighbourhood with a decent combination of business and residential spaces with a backdrop of a better social life. Located in the centre of Mumbai is Lower Parel. Many Indian and foreign businesses have offices in Lower Parel. As a result, this has emerged as a popular choice for Mumbai luxury property buyers who want to be close to their place of employment.
The top 4 reasons for investing in Lower Parel are shown below.
Most Successful Residential & Commercial Projects
Lower Parel is home to both residential and commercial complexes from numerous well-known real estate developers in Mumbai. If you are interested to invest in lower parel this will be best option for you residential and commercial wise.
Good Connectivity
The majority of the residential and business developments in Lower Parel have good access to both rail and roads. Also, Lower Parel is easily reachable from places like Worli, Mahalaxmi, Nariman Point, etc. It simply takes 20 minutes to go to the international airport by car.
Provides a Variety of Amenities in the Area
There are lots of amenities close by at Lower Parel. You have luxurious malls with some worldwide brands, like Phoenix Mall and Palladium. The top hotels located here are the Four Seasons and St. Regis. Lower Parel visitors will enjoy Kamala Mills’ lively nightlife and renowned restaurants.
Residential Landscape
Lower Parel is home to 1BHK, 2BHK, 3BHK, and 5BHK flats. Depending on the project’s developer, you may pay anywhere from Rs 3 crores to Rs 25 crores for them. There are also available luxury apartments and villas that range in price from Rs 31 crore to Rs 85 crore.
Many home developers are launching new developments in Mumbai that would offer Lower Parel resident’s inexpensive apartments. If you want to feel the buzz of Mumbai, Lower Parel is the place to be. It will undoubtedly be a good improvement to your current way of life and has all the amenities in the area. You can think about looking at the properties in Lower Parel whether you’re only interested in investments or home ownership.
Here are top projects in lower parel
Renaissance Homes
Lower Parel
Status Possession by Dec 24
Possession 2024
About The Baya Central
Most conveniently located, thoughtfully designed and carefully constructed 1BHK and 2BHK units in Mumbai’s business district – Lower Parel. The project is located less than a minute’s walk from Lower Parel railway station and hence provides excellent connectivity to all parts of the city and outside, while being close to where you work.
The Baya Company is a reputed Real Estate company very well known for its innovative ideas and designs. The firm is famous for its cordial relations with the clients. The company has already proved its eligibility in the construction field by establishing various successful projects all over. The company comes up with new and trendy ideas in each and every project of theirs which suits the lifestyle of the dwellers.
The innovative ideas of the company have attracted many investors to invest in their projects. The company tries to provide maximum to their clients in the cheapest rates. The firm holds a dream of becoming the best firm in India and is on its way to fulfil its dreams slowly and steadily.
Click to know more about The Baya Central
Lodha Lower Parel Project
Possession by Dec 2023
About- G + 33 Storeyed Residential Tower
This is a RERA register project with registration number P51900022245. It is an under-construction project with possession offers in Dec, 2023. Lower Parel Project by Lodha Group is an extraordinary gated upcoming community accommodation in the Lower Parel area of Mumbai. It will be a full township spread over 0.89 acres of land. Lodha Group promises to provide smart and stylish apartments to its residents. In addition to the usual amenities, Lodha Group will also include Internal Roads & Footpaths; Stormwater drains, rainwater harvesting, Sewerage system, solid waste management & disposal, water conservation, Energy management and landscaping & tree plantation for its consumer.
The self-sufficient Lower Parel Project will adorn a Party Hall, Children’s play area, Aggregate area of recreational Open Space, Club House, Gymnasium, Indoor Games and Swimming Pool to ensure absolute ease for its inhabitants. The 2 BHK flats are obtainable in carpet area ranging from 643 sq ft to 645.94 sq ft. The inhabitants would adore the numerous social services in lower Parel area like supermarkets, schools, colleges, hospitals and restaurants. The Worli Naka Upper Primary Tamil School and the Dr. Ashwini V. Mardhekar Hospital both are situate at a distance of approximately 1 km from Lower Parel Project.
Click to know more about G + 33 Storeyed Residential Tower
Lokhandwala Kataria Construction Private Limited
Status Possession by Dec 23
Possession 2023
About MINERVA
Overlooking the beautiful Mahalaxmi Racecourse and the Arabian Sea, Minerva is a wonder of modern architecture. Be it the iconic elevation standing tall at approx 1000 ft. or meticulously crafted designer interiors, you can expect everything to be beyond the best. Endower with unimaginable luxuries, Minerva is poise to redefine the standards of luxury living in Mumbai.
Minerva has been design and craft to be an icon for generations to come. Teams of professionals from across the world have engineered and detailed every aspect of its structure and its spaces. Special emphasis is laid on the structural efficiency, construction technologies and environmental sustainability. Advance form-work technology, high-tech equipment and fully mechanized systems are being utilize to ensure high construction quality and standards for timely completion of the project. Wind pressure on the building model has been test to withstand the next 500 years of the foreseeable wind and climatic conditions based on the IMD data for the last 70 years. Some of the most prominent architects, engineers and designers of the world have made sure that the project facilities efficient use of energy and materials reduces waste and maintains a safe, comfortable environment.
Click to know more about MINERVA
MACROTECH DEVELOPERS LIMITED
Status Ready Possesion
Possession Ready to move
About Lodha The World Towers World One Tier III and Trinity
Lodha The World Towers World One Tier 3 Trinity is a luxurious Project develop by one of the Mumbai well known Developers Lodha. It is spread across 0.86 acre. The various configurations in which the flat units are available on sale in this project are 3 BHK Flats at a minimum price of Rs 9.00 Cr and maximum price of Rs 9.10 Cr with Property Size ranging from 1536 Sqft to 1553 Sqft, 4 BHK Flats at a minimum price of Rs 10.67 Cr and maximum price of Rs 11.83 Cr with Property Size ranging from 1821 Sqft to 2019 Sqft, 5 BHK flats at a price of Rs 20.57 Cr with Property size of 3510 Sqft.
The Project is perfectly located in Lower Parel, Mumbai South and well connected by major road(s) like Dr Annie Besant Road. The Project has 370 Units. The Status of the Project is Mid Stage.
Click to know more about Lodha The World Towers World One Tier III and Trinity
Glider Buildcon Realtors
Mahalaxmi
Status Possession by Dec 2025
Possession 2025
About Piramal Mahalaxmi (South Tower)
Floor plans are a great way to understand how the spaces/rooms connect with each other in a house and help provide a bigger picture to a buyer. The properties in Piramal Mahalaxmi are available in 3 configurations and 11 varied layouts (or floor plans), with 2BHKs present in 751, 762, 800 and 850 sq. ft. carpet area, 3BHKs in 1060, 1120, 1128, 1290, 1392 and 1460 sq. ft. carpet area, and 4BHKs in 1850 sq. ft carpet area. Piramal Mahalaxmi Floor Plan for all these property configurations are made available on this page for your reference.
There are some unique facilities such as Club House, Jogging and Strolling Track, Private Terrace/Garden present in Piramal Mahalaxmi compared to other projects present in Mahalakshmi.
Click to know more about Piramal Mahalaxmi (South Tower)
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