Several localities in Mumbai attract residents from various parts of the country, thanks to its well-developed social and commercial infrastructures. Residential property in Parel, in particular, has been gaining prominence over the last few years. This place has turned out to be one of the most important localities in Mumbai. Presently, residential property owners and investors are willing to buy property in Parel. The investment potential seems to be high in this part of the city. Property prices have consistently increased here over the last few years. This would be the right time for buying an apartment in one of the new projects here.
For the residents living in the new projects in Parel, it is easy to reach the other parts of the city. The locality has got a dense network of roads around. As a result, the commuters can seamlessly get across to their offices and commercial areas around the city. For business professionals, Mumbai has a lot of commercial prospects on the offering. It would be a wise decision to get a new home in Parel. The place is not too crowded, and you will love the social environment here.
One of the advantages of buying new flats in Parel is the availability of all the civic amenities you would need. In Mumbai, the education and healthcare infrastructures are well-developed. As a result, the residents would be able to avail such facilities easily around their homes. The banks, ATMs, markets, and hotels around the city can be reached seamlessly from the apartments in Parel. You can also reach the places of entertainment seamlessly from your home here.
Apartments and villas
The residents can choose from a wide range of available options when they buy a residential property in Parel. Over the last few years, the reputed real estate companies have been launching different configurations of apartments. Therefore, the residents can choose from elegantly designed 1,2,3 and 4 BHK apartments in this complex.
They also have other options to choose from, like villas, bungalows, penthouses, and studio apartments. Most of the newly developed apartments in Parel are housed in gated communities, that comes with a lot of green zones around. The residents can also enjoy a wide range of lifestyle and healthcare amenities in these projects.
This is a good time to buy a residential property in Mumbai. You will like the quality lifestyle in the urban environment while residing close to the greenery in the complexes here.