New Projects in Parel
Parel has 17 new and under-construction projects on MPE from 14+ developers. Of the 17 shown here, 12 are under construction, 1 is a new launch and 4 are ready to move. Quoted rates run ₹24,318–₹91,488 per sq ft (indicative). Prices start from ₹1.39 Cr. Possession dates run from 2024 to 2034.
Questions about new projects in Parel
How many new projects are there in Parel?
Parel has 17 new and under-construction projects on MPE from 14+ developers. Of the 17 shown here, 12 are under construction, 1 is a new launch and 4 are ready to move.
What is the price of new projects in Parel?
Quoted rates run ₹24,318–₹91,488 per sq ft (indicative). Prices start from ₹1.39 Cr. Prices change often; please reconfirm with us before booking.
When will new projects in Parel be ready?
Possession dates run from 2024 to 2034. Among the earliest: Lodha Vista (2024); Adi Darsshan (Dec 2026); Dharti Heights (Dec 2026).
Which developers have new projects in Parel?
Lodha Group, Promesa Realty, Bhojwani Builders, Bhoomi Builders, Gundecha Builders, Hi Rock Construction Pvt Ltd., Pattathu Brothers, Rishabh Developers and others.
Upcoming projects & infrastructure in Parel
10 MahaRERA projects are due to hand over in Parel between 2027 and 2031; the nearest upcoming infrastructure to Parel is the Line 11 Green, 0.1 km away (approved).
Supply is not evenly spread — one year carries almost half of it.
- 🚇Line 11 GreenApproved0.1 km
- 🛣️Worli-Sewri ConnectorUnder construction · due 20260.2 km
- 🌉MTHL / Atal SetuOpened 20242.0 km
- 🚇Line 3 AquaOpened 20252.6 km
- 🚇Line 4 GreenUnder construction · due 20272.9 km
- 🛣️Coastal Road (Phase 1)Opened 20243.0 km
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Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

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News about Parel
- MahaRERA Directs L&T to Complete Pending Crescent Bay Repairs · 07 Sep 2026
- 8 Years After Possession, MahaRERA Orders Repairs at Crescent Bay Parel · 07 Sep 2026
- MahaRERA Orders L&T to Fix Defects at Crescent Bay Parel · 07 Sep 2026
- MHADA Amendment Clears Path for Redevelopment of 13,000 Old Mumbai Buildings · 11 Jul 2026
- Mumbai plans building-safety certificates for homes · 18 Jun 2026
