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Parel, Mumbai

Parel Mumbai, Apartment for Sale, Mumbai Real Estate, Property News and Update

About Parel Mumbai

The place Parel in Mumbai is basically a Portuguese name for the Parali in local dialect from the name of the Temple Parali Vaijanath dedicated to lord Shiva and is one of the seven islands that constitute Mumbai. It is connected to other main localities of Parel in suburban railway. It is to the west of South Mumbai on Central suburban Railway line. The Parel has three railway stations that is the main railway station the parel in the North and Lower Parel in the South and Parel West is generally known as Elphinstone Road Railway station due to its nearness. Parel once upon a time was famous for its cloth mills, the lower parel is considered as one of the posh locality in Mumbai. This was a small kingdom of Raja Bhimdev in 1200 AD before it was seized by the Portuguese. Parel was again seized by the British in 1600 AD and governors’ official residence and Bombay, where Bombay Presidency was established for the governance of regions of South Kanara and Malbar before these two regions were brought under Madras presidency for better governance. The parle region to the west was reclaimed for the sea to establish various cotton mills as well as tanning and fishing industries which eventually led to epidemic of Cholera and plague forcing the governor to shift his residence to Malabar point. Parel was connected to other railways of Western and Central suburban Railways by a bridge built in 1915. Parel is also famous for its Heritage Monument and statues and Vyagreshwari and Chandika and Shiva Temple dating back to 1st century.

About Parel in Mumbai:

Parel is being rebuilt and in place of closed down mills new business are cropping up with various real estate projects. The ITC groups of Hotels have built a 5 Star Hotel, The Grand Central in Parel. The residential project with latest residential apartments in a multistoried building, supposed to be one of the tallest residential buildings in the world is being constructed in Parel. The Monorail project is going to be executed on the east of Parel on G D Ambedkar Marg.

Some of the well known business establishments in Parel in Mumbai are:

o The Luxury Collections o Palladium - Retail luxury shopping and commercial centre o Shangri La tower - with its 45 storey shopping Mall o High Street Phoenix - Mall for shopping

Real Estate in Parel in Mumbai:

Parle is a residential Colony and a commercial place. It had many cotton mills industries during few decades' back which has now given way to the real estate development of these old mills into housing projects. Some of the flat that are coming in Parel are:

Apartments near and in Parel in Mumbai are:

  • World one
  • Ashok Towers
  • Ashok Gardens
  • Kingston Towers
  • Kalpataru Habitat
  • Sunshine Towers
  • Deepak Jyoti Towers
  • ITC Grand Central
  • Girnar Tower
  • Rushabh Towers

Anybody who is interested in the above properties of Parel in Mumbai, can log on to the web site www.propertykhazana.com.

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Apartments, Flats and Property for Rent in Parel

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