Parel is a prime residential area in Mumbai that offers a mix of luxury and affordability, with top infrastructure builders such as Ruparel Realty, R K Developers, Lodha Group and Omkar Realtors having residential projects in this area. It has excellent connectivity through arterial roads and a railway station, and will benefit from the monorail and upcoming metro line. Nearby facilities include hospitals, schools, colleges, malls, markets, parks, entertainment places and employment hubs. Parel’s speciality lies in its proximity to South Mumbai localities, corporate offices, and being a sought-after neighbourhood for high-end buyers who want to live close to their workplaces.