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Planning to Buy a Flat in Lower Parel? Here are 7 Best Areas You Should Consider

Author
Blox Social
Posted on
Apr 25, 2023
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Lower Parel is one of the most sought-after residential areas in Mumbai. It offers a mix of modern amenities, cultural attractions, and easy connectivity to other parts of the city. The area has seen rapid development in recent years, with several residential and commercial projects coming up. 

If you are searching for the best flats in Lower Parel to purchase, it is essential to consider the various neighbourhoods to find the one that best suits your needs. 

In this blog, we will discuss the 7 best neighbourhoods within Lower Parel that you should consider while buying a flat.

1. Lower Parel West:

Major roads: Senapati Bapat Marg, Ganpatrao Kadam Marg 

Major landmark: Phoenix Marketcity 

Average property price range: INR 36,419 per sq. ft.

This is an upscale neighbourhood in Lower Parel, where you can find some of the most luxurious apartments, such as Indiabulls Sky, Indiabulls Blu, and One Avighna Park. Lower Parel West is also a commercial hotspot, with many offices, malls, and restaurants nearby. It is easily accessible by road and monorail. The neighbourhood is home to several popular restaurants and shopping centres, making it an ideal location for families. Lower Parel West is perfect for those who want to live in a bustling neighbourhood with all amenities nearby.

2. Bhoiwada:

Major roads: Dr Babasaheb Ambedkar Road, Gokhale Road 

Major landmark: KEM Hospital 

Property price range: INR 33,410 per sq. ft.

Bhoiwada is a predominantly residential neighbourhood located in Lower Parel East. This is a traditional and cultural neighbourhood in Lower Parel, where you can find some of the oldest buildings and temples in the city. Bhoiwada is known for its vibrant festivals, such as Ganesh Chaturthi and Navratri. It is also a hub for the textile and leather industries. Bhoiwada offers affordable flats with good amenities and connectivity. Bhoiwada is ideal for those who want to live in a peaceful neighbourhood with all amenities nearby.

3. Dhuru Wadi:

Major roads: N M Joshi Marg 

Major landmark: Mahalaxmi Temple 

Property price range: INR 34,690 per sq. ft.

Dhuru Wadi is a small neighbourhood located in the heart of Lower Parel. The area is known for its old-world charm and has several affordable housing options. Despite being in the heart of the city, the neighbourhood offers a peaceful living experience. Dhuru Wadi is ideal for those who want to live in a peaceful neighbourhood with affordable housing options. Dhuru Wadi is surrounded by lush gardens and parks, such as Kamala Nehru Park and Dhuru Garden. It is also close to some of the best schools, colleges, and hospitals in the area. Here, you can find some of the most spacious and well-designed apartments, such as Ruparel Ariana, Ruparel Orion, and Ruparel Nova. 

4. Adarsh Nagar:

Major roads: Dr E Moses Road, Worli Naka 

Major landmark: Peninsula Corporate Park 

Property price range: INR 45,331 per sq. ft.

Adarsh Nagar is a small neighbourhood located in Lower Parel West. This is a developing and upcoming neighbourhood in Lower Parel, where you can find some of the most affordable and quality apartments, such as Omkar Veda Exclusive, Omkar Veda Tower A & B, and Omkar Veda Tower C & D. Adarsh Nagar is well-connected to the rest of the city by road and rail. It is also close to some of the major landmarks, such as Phoenix Mall and High Street Phoenix.

5. Century Mills:

Major roads: Lalbaug Flyover, Dr Babasaheb Ambedkar Road 

Major landmark: Century Mills Tower 

Property price range: INR 38,812 per sq. ft.

Century Mills is a modern and trendy neighbourhood in Lower Parel, where you can find some of the most stylish and chic apartments, such as Lodha Primero, Lodha Bellissimo A & B Wing Tower 1 & 2, and Lodha Bellissimo C Wing Tower 3 & 4. Century Mills is a former textile mill that has been converted into a residential complex by the Lodha Group. Century Mills offers flats with premium amenities and facilities.

6. Western Railway Workshop:

Major roads: Senapati Bapat Marg, Western Express Highway 

Major landmark: Mumbai Central Railway Station 

Property price range: INR 22,000 per sq. ft.

This is a unique and industrial neighbourhood in Lower Parel, where you can find some of the most innovative and creative apartments, such as The Bombay Dyeing Spring Mills Complex, The Bombay Dyeing Textile Mills Complex, and The Bombay Dyeing International Business Park. Western Railway Workshop is a part of the Mumbai Urban Transport Project (MUTP), and is undergoing transformation by the Indian Railways. Western Railway Workshop offers flats with contemporary design and architecture.

7. Railway Colony:

Major roads: N M Joshi Marg, Dr Babasaheb Ambedkar Road 

Major landmark: Elphinstone Railway Station 

Property price range: INR 33,176 per sq. ft.

This is a cosy and friendly neighbourhood in Lower Parel, where you can find some of the most cosy and comfortable apartments, such as Ashok Towers A Wing Tower 1 & 2, Ashok Towers B Wing Tower 3 & 4, and Ashok Towers C Wing Tower 5 & 6. Railway Colony is a residential colony for railway employees that has been developed by Peninsula Land Limited. Railway Colony offers flats with spacious layouts and serene views.

In conclusion, Lower Parel has several neighbourhoods that offer affordable housing options and excellent connectivity to other parts of the city. It is important to consider various factors such as location, amenities, and property prices while buying flats in Lower Parel. We hope this blog helps you find the best neighbourhood within Lower Parel that suits your needs and requirements. Happy house hunting!

Real Estate