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Prarthana Heights

Ready building · resale & lease in Parel

Parel, -

Sold Out Residential

The story at a glance

Sandeep Sadh, Mumbai Property Exchange
Sandeep Sadh · Founder, Mumbai Property Exchange
MahaRERA A51800043517 · in Mumbai real estate since 1995

Quick facts

Status
Sold Out
Type
Residential
Zone Avg Rate
₹43,213/sq.ft · 58 projects
Developer
Prarthana Group of Companies.
Location
Parel, -

At a glance

swipe →
Area price trend
₹49,600/sq.ft
+3.1% since Q2 25 · asking rate for homes in Parel
Who's looking
27 requests
People asked us for Parel in the last 90 days — 6 to buy.
Getting around
  • Worli-Sewri Connector0.0 km
  • Line 11 Green0.4 km
  • Line 3 Aqua2.3 km

A first look at Prarthana Heights

Prarthana Heights is a ready residential building in Parel, Mumbai. 6 listings are live on MPE right now: resale from ₹3.5 Cr.

Completed/historical project — current inventory unconfirmed

Ask an advisor to check current resale or rental availability.

Building overview

Location

Prarthana Heights stands in Parel, Mumbai. Across 370 recent resale listings on MPE, homes in Parel have a median asking rate of ₹48,700 per sq ft, and a 2 BHK typically rents for about ₹1.5 Lac a month.

Building facts

Prarthana Heights is a residential building by Prarthana Group of Companies., sold out.

Available now

6 listings are live in Prarthana Heights on Mumbai Property Exchange today — 6 for sale. Resale asking prices run ₹3.5 Cr to ₹11.15 Cr.

Developer track record

Prarthana Group of Companies. has 3 projects tracked on Mumbai Property Exchange. Other projects by the same developer include 619, La Alteza.

Buyer demand in Parel

In the last 90 days, buyers and tenants registered 27 requirements for Parel with Mumbai Property Exchange, 6 of them to buy.

Location
Parel
Sub-Location
-
Status
Sold Out
Type
Residential

How prices stack up in Parel

From MPE live listings · your own data
Resale
₹48,700/sq.ft
median · 370 listings
Rent
₹168.6/sq.ft/mo
2 BHK ~₹150,000/mo
Gross rental yield
4.2% / yr
rent vs resale value

Government circle rate here is ₹28,600/sq.ft carpet — the market trades 70% above the official rate. Ready reckoner rates ›

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

Prarthana Group of Companies.

Developer: Prarthana Group of Companies.

More by Prarthana Group of Companies.

🧭 Building Compass

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🧮 Financial Tools

💰 EMI Calculator

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🔄 Rent vs Buy

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

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📍 Prarthana Heights 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 Prarthana Heights is the Worli-Sewri Connector, 0.0 km away (under construction · due 2026).

10
MahaRERA projects handing over in the next 5 years
in Parel
₹50,200/sqft▲
typical asking price
rising this quarter
₹28,600/sqft
ready reckoner rate (government) · carpet
2025-26 · highest govt zone rate in the area, shown per sq ft carpet · stamp duty is charged on the higher of this and the deal value
New projects in Parel by possession year
5
2027
0
2028
2
2029
1
2030
2
2031

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

Metro & infrastructure near Prarthana Heights
  • 🛣️Worli-Sewri ConnectorUnder construction · due 20260.0 km
  • 🚇Line 11 GreenApproved0.4 km
  • 🚇Line 3 AquaOpened 20252.3 km
  • 🌉MTHL / Atal SetuOpened 20242.3 km
  • 🛣️Coastal Road (Phase 1)Opened 20242.7 km
  • 🚇Line 4 GreenUnder construction · due 20273.2 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 Prarthana Heights located?

Prarthana Heights is in Parel, Mumbai.

What is the price of flats in Prarthana Heights?

Current resale asking prices are ₹3.5 Cr–₹11.15 Cr. Prices are indicative; confirm with MPE.

Are flats available in Prarthana Heights right now?

Yes — 6 live listings on Mumbai Property Exchange, 6 for sale. See the listings on this page.

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 Prarthana Heights?

Worli-Sewri Connector — under construction · due 2026, 0.0 km away; Line 11 Green — approved, 0.4 km away; Line 3 Aqua — opened 2025, 2.3 km away; MTHL / Atal Setu — opened 2024, 2.3 km away. Timelines are as announced and can change.

Who is the developer of Prarthana Heights?

Prarthana Group of Companies., with 3 projects tracked on Mumbai Property Exchange.

📊 Property Rates in Parel

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🏘️ Properties in Parel

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Sandeep Sadh, founder of Mumbai Property Exchange
Advice from Sandeep Sadh, founder of Mumbai Property Exchange — in Mumbai real estate since 1995.
MahaRERA registered agent A51800043517 · independent advice on new projects, resale and leasing
Ask on WhatsApp
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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