Ashok Towers

Ready building · resale & lease in Parel

Parel, Dr. Babasaheb Ambedkar

Sold Out Residential

Completed/historical project — current inventory unconfirmed

Ask an advisor to check current resale or rental availability.

Source stage: Sold Out · mapped resale: 0 · mapped rental: 0 · primary status: recorded

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Quick facts

Price

₹19,950/sq.ft

Possession

Dec 2009

Status

Sold Out

Floors

Type

Residential

Zone Avg Rate

₹43,016/sq.ft · 57 projects

Developer

Peninsula Land Ltd

Location

Parel, Dr. Babasaheb Ambedkar

Building overview

Location

Parel

Sub-Location

Dr. Babasaheb Ambedkar

Status

Sold Out

Possession

Dec 2009 ^*

*Subject to RERA approvals. Verify on MahaRERA

Rate

₹19,950/sqft

Type

Residential

Floors

How prices stack up in Parel

From MPE live listings · your own data

Resale

₹40,000/sq.ft

median · 41 listings

Rent

₹160.0/sq.ft/mo

2 BHK ~₹135,000/mo

Gross rental yield

4.8% / yr

rent vs resale value

Medians from MPE listings over the last 18 months. See the Mumbai price index ›

MPE insight

Timing can matter as much as location

Mumbai is supply-constrained, so the best pricing and unit choice often go early — well before the launch advertising. If you’re serious about a project, it pays to know where it is in its cycle. Read the guide ›

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Building description

Building details

Currently under construction, Ashok Towers has changed the face of Parel and the image of residential properties here by providing luxury apartments with world-class amenities. This superlative residential complex spread over 18 acres, is a masterpiece. A range of studios; 2, 3, 4, 5 BHK apartments; garden duplex and penthouses offer a choice of accommodation that combine elegance with a feeling of warmth and belonging.

About the building

A choice of design options and excellent amenities are offered along with the luxury of walkways, lush parks, sports and other recreational activities to create an inviting and holistic living experience. A full-size cricket-cum-football ground, a rare luxury in Mumbai, occupies the center of the complex.

About the location

Mumbai's Parel area, while centrally located, lacked premium, good quality apartments. With the emergence of the Indian nuclear family, residents of upmarket South Mumbai were looking for top end accommodation in the vicinity.