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Ashok Towers

Ready building · resale & lease in Parel

Parel, Dr. Babasaheb Ambedkar

Sold Out Residential

Quick facts

Price
₹19,950/sq.ft
Possession
Dec 2009
Status
Sold Out
Floors
30
Type
Residential
Zone Avg Rate
₹43,061/sq.ft · 57 projects
Developer
Peninsula Land Ltd
Location
Parel, Dr. Babasaheb Ambedkar

A first look at Ashok Towers

Ashok Towers is a ready residential building by Peninsula Land Ltd in Parel, Mumbai. The building has 30 floors. It has 2, 3 & 5 BHK flats. The indicative rate is about ₹20,000 per sq ft.

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

Building overview

Location

Ashok Towers is located in Parel, Mumbai. Across 344 recent resale listings on MPE, homes in Parel have a median asking rate of ₹47,900 per sq ft, and a 2 BHK typically rents for about ₹1.4 Lac a month. Ashok Towers is quoted around ₹20,000 per sq ft, 58% below that median.

Building facts

Ashok Towers is a residential building by Peninsula Land Ltd with 30 floors, sold out. Completed: Dec 2009. Amenities on record include Landscaped garden, Swimming Pool, Imported Sanitary Fittings, POP finished walls.

Configurations and prices

The price list covers 2 BHK; 3 BHK; 5 BHK (carpet area). Prices are indicative and should be reconfirmed before booking.

Developer track record

Peninsula Land Ltd has 6 projects tracked on Mumbai Property Exchange. Other projects by the same developer include Peninsula Estates- Alibaug ONE, Carmichael Residences, Salsette 27.

Buyer demand in Parel

In the last 90 days, buyers and tenants registered 20 requirements for Parel with Mumbai Property Exchange, 4 of them to buy and 5 specifically for 2, 3 & 5 BHK homes.

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
30

How prices stack up in Parel

From MPE live listings · your own data
Resale
₹47,900/sq.ft
median · 344 listings
Rent
₹164.0/sq.ft/mo
2 BHK ~₹140,000/mo
Gross rental yield
4.1% / 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 ›
Ask MPE on WhatsApp

Building description

Building details

About the building

About the location

🗺️ Proximity & Distances

✈️
Airport
60-90 min
🚆
Railway Station
15-20 min

Building ratings

3.0
★ ★ ★ ☆ ☆
Building
4.0
★ ★ ★ ★ ☆
Location
4.0
★ ★ ★ ★ ☆
Amenities
4.0
★ ★ ★ ★ ☆
Legal
4.0
★ ★ ★ ★ ☆
Value for Money

🏊 Amenities & Features (5 amenities)

Common (2)
🌳 Landscaped garden🏊 Swimming Pool
Interior (2)
🏠 Imported Sanitary Fittings🏠 POP finished walls
General (1)
✨ None

Floor plans & site plans

Indicative floor plans as shared by the developer; subject to change.

🧭 Building Compass

How far is Ashok Towers from your daily life? Add your anchors to see commute times.

🧮 Financial Tools

💰 EMI Calculator

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Monthly EMI
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🔄 Rent vs Buy

Should you rent or buy in Parel? Compare monthly costs.

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Monthly Rent Cost
—
Monthly Buy Cost (EMI)

📍 Ashok Towers location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Upcoming projects & infrastructure in Parel

10 MahaRERA projects are due to hand over in Parel between 2027 and 2031; the nearest upcoming infrastructure to Ashok Towers is the Worli-Sewri Connector, 0.3 km away (under construction · due 2026).

10
MahaRERA projects handing over in the next 5 years
in Parel
₹49,600/sqft▼
typical asking price
easing this quarter
New projects in Parel by possession year
6
2027
0
2028
2
2029
1
2030
1
2031

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near Ashok Towers
  • 🛣️Worli-Sewri ConnectorUnder construction · due 20260.3 km
  • 🚇Line 11 GreenApproved0.5 km
  • 🌉MTHL / Atal SetuOpened 20242.2 km
  • 🚇Line 3 AquaOpened 20252.4 km
  • 🛣️Coastal Road (Phase 1)Opened 20242.8 km
  • 🚇Line 4 GreenUnder construction · due 20273.3 km
📜 1,756 registered transactions (IGR) on record in Parel. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Parel prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Parel, then an advisor calls about your budget and configuration.

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Next steps — clarity before you step out

Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Ashok Towers located?

Ashok Towers is in Parel, Mumbai.

Are flats available in Ashok Towers right now?

No flats are listed in Ashok Towers on Mumbai Property Exchange at the moment. Ask an advisor to be alerted when one comes up.

What configurations does Ashok Towers have?

Ashok Towers has 2, 3 & 5 BHK flats.

Who is the developer of Ashok Towers?

Peninsula Land Ltd, with 6 projects tracked on Mumbai Property Exchange.

What configurations are available at Ashok Towers?

Ashok Towers offers 2 BHK, 3 BHK, 5 BHK configurations.

What is the price per sq.ft. at Ashok Towers?

The last known price per sq.ft. at Ashok Towers was ₹19950 (historical; project is sold out/delivered).

When is the possession date for Ashok Towers?

Ashok Towers is ready — Ready possession (delivered Dec 2009).

How many new projects are coming up in Parel?

10 MahaRERA-registered projects in Parel are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Ashok Towers?

Worli-Sewri Connector — under construction · due 2026, 0.3 km away; Line 11 Green — approved, 0.5 km away; MTHL / Atal Setu — opened 2024, 2.2 km away; Line 3 Aqua — opened 2025, 2.4 km away. Timelines are as announced and can change.

What amenities are available at Ashok Towers?

Ashok Towers offers amenities including Landscaped garden, Swimming Pool, Imported Sanitary Fittings, POP finished walls, and more.

📊 Property Rates in Parel

₹19,950/sqft
This Project Rate
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🏘️ Properties in Parel

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Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-03-06). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.

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