Parel · Mumbai
Promesa Fremont
Dattaram Lad Marg, Chinchpokli, Parel, Mumbai · by Promesa Realty
Dattaram Lad Marg, Chinchpokli, ParelPhotos from the project record · tap to enlarge
Project card by Mumbai Property Exchange · tap to open and share
A first look at Promesa Fremont
Promesa Fremont is a pre-launch residential project by Promesa Realty at Dattaram Lad Marg, Chinchpokli, Parel, Mumbai. The configuration recorded so far is 2, 3 & 4 BHK with about 702–1,692 sq ft carpet area. Promesa Fremont is registered with MahaRERA (P51900055088), registered 29 Feb 2024: 1 towers, 333 units (PROMESA FREMONT, Sale Wing A 56 floors); possession declared Apr 2031. MahaRERA promoter: Darshan Properties. Promesa Realty has not announced the launch date, opened bookings or published a price list as of 22 Aug 2026; this page is an information page and is updated as details are released.
Pricing & configurations
| Type | Carpet area | Indicative price |
|---|---|---|
| 2 BHK | 702 sq ft | ₹2.69 Cr |
| 2 BHK | 828 sq ft | ₹3.09 Cr |
| 3 BHK | 1,044 sq ft | ₹4.09 Cr |
| 4 BHK | 1,692 sq ft | ₹7.3 Cr |
Indicative figures as on 22 Aug 2026. Final pricing is set and communicated only by the developer; MPE makes no warranty on these figures.
Prices recorded for Promesa Fremont so far: 2 BHK of 702 sq ft at ₹2.69 Cr, 2 BHK of 828 sq ft at ₹3.09 Cr, 3 BHK of 1,044 sq ft at ₹4.09 Cr and 4 BHK of 1,692 sq ft at ₹7.3 Cr — about ₹38,748 per sq ft. These are pre-launch indications and will be reconfirmed at launch.
For context, the premium launches in Parel currently quote ₹49,500–₹64,000 per sq ft (4 projects, MPE data), about 1.0× the ₹48,200 resale median.
A new launch is priced off land cost, view and specification, not the resale median, so the ₹48,200 per sq ft median across 373 recent resale listings in Parel is a floor for the neighbourhood, not a guide to this project.
Prices & options — on WhatsApp once you tell us what you need.
MahaRERA registration
Promesa Fremont is registered with MahaRERA (P51900055088), registered 29 Feb 2024: 1 towers, 333 units (PROMESA FREMONT, Sale Wing A 56 floors); possession declared Apr 2031. MahaRERA promoter: Darshan Properties. Sales, the price list and the unit mix are still to be announced by the developer; the figures below are as declared to MahaRERA and are updated as the registry changes.
| Phase | MahaRERA no. | Towers · floors | Units | Possession declared | Registered |
|---|---|---|---|---|---|
| Promesa Fremont | P51900055088 | PROMESA FREMONT, Sale Wing A · 56 fl | 333 | Apr 2031 | 29 Feb 2024 |
Source: MahaRERA public registry (links open the registry record). Status on registry: Certificate Signed.
Location & connectivity
Promesa Fremont is an upcoming luxury residential development by Promesa Realty at Dattaram Lad Marg, Lalbaug, Mumbai. Planned as a 60-storey tower on approximately 1.64 acres, the project offers spacious 2, 3 and 4 BHK residences with carpet areas ranging from 702 sq.ft. to 1,872 sq.ft. The residences are planned with approximately 11-ft internal heights, spacious sundecks and sweeping views towards the Mumbai skyline and Mahalaxmi Racecourse. The development is also proposed to feature premium lifestyle amenities including an infinity swimming pool and a Jain Temple within the premises. Located in the Lalbaug-Chinchpokli belt, Fremont offers a central Mumbai address with access to key business and lifestyle destinations.
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The Parel market
Parel has 673 live listings on Mumbai Property Exchange today — 373 for sale and 300 for rent across 45 buildings.
MPE's curated rate card puts outright residential rates in Parel at ₹50,000–₹1,00,000 per sq ft and 3 BHK rents at ₹2.2 L–₹4.4 L a month.
Rents run about ₹166.7 per sq ft a month, a gross yield of 4.2% on resale value.
In the last 90 days buyers and tenants registered 25 requirements for Parel with MPE, 7 of them to buy and 4 for 3 BHK or larger.
| Parel rate card | Range |
|---|---|
| Residential outright (₹ per sq ft) | ₹50,000–₹1,00,000 |
| 1 BHK rent (per month) | ₹55,000–₹1 L |
| 2 BHK rent (per month) | ₹1 L–₹2.2 L |
| 3 BHK rent (per month) | ₹2.2 L–₹4.4 L |
| 4 BHK rent (per month) | ₹4.4 L–₹8.8 L |
| Commercial outright (₹ per sq ft) | ₹40,000–₹65,000 |
MPE curated rate card, Central Mumbai, reviewed May 2026. Indicative bands for the locality, not a quote for Promesa Fremont.
Upcoming projects & infrastructure in Parel
10 MahaRERA projects are due to hand over in Parel between 2027 and 2031; the nearest upcoming infrastructure to Promesa Fremont is the Worli-Sewri Connector, 1.2 km away (under construction · due 2026).
Supply is not evenly spread — one year carries almost half of it.
- 🛣️Worli-Sewri ConnectorUnder construction · due 20261.2 km
- 🚇Line 11 GreenApproved1.5 km
- 🚇Line 3 AquaOpened 20251.7 km
- 🛣️Coastal Road (Phase 1)Opened 20242.2 km
- 🌉MTHL / Atal SetuOpened 20242.8 km
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.
About Promesa Realty
Mumbai Property Exchange tracks 4 Promesa Realty projects in Mumbai — 2 under construction or upcoming and 2 delivered, 100% with a MahaRERA number on record. Developer profile ›
Homes for sale in Parel right now
3 BHK and larger first — the closest live comparables to a Promesa Fremont home. 373 for sale on MPE today.
Flats on rent in Parel
What a home here earns or costs to rent today — 300 live rentals on MPE.
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.
Your questions, answered
Where is Promesa Fremont located?
Promesa Fremont is at Dattaram Lad Marg, Chinchpokli, Parel, Mumbai. Nearby infrastructure: Worli-Sewri Connector (1.2 km, under construction · due 2026), Line 11 Green (1.5 km, approved) and Line 3 Aqua (1.7 km, opened 2025).
When is Promesa Fremont launching?
Promesa Fremont is at pre-launch stage. Promesa Realty has not announced a launch date or opened bookings as of 22 Aug 2026. Leave your mobile number on this page and an MPE advisor will share the launch date and price list as soon as they are released.
What is the price of Promesa Fremont?
Prices recorded for Promesa Fremont so far: 2 BHK of 702 sq ft at ₹2.69 Cr, 2 BHK of 828 sq ft at ₹3.09 Cr, 3 BHK of 1,044 sq ft at ₹4.09 Cr and 4 BHK of 1,692 sq ft at ₹7.3 Cr — about ₹38,748 per sq ft. These are pre-launch indications and will be reconfirmed at launch. For context, the premium launches in Parel currently quote ₹49,500–₹64,000 per sq ft (4 projects, MPE data), about 1.0× the ₹48,200 resale median. A new launch is priced off land cost, view and specification, not the resale median, so the ₹48,200 per sq ft median across 373 recent resale listings in Parel is a floor for the neighbourhood, not a guide to this project. Prices are indicative and subject to confirmation with the developer.
What configurations does Promesa Fremont have?
Promesa Fremont has 2, 3 & 4 BHK of about 702–1,692 sq ft carpet area on record. More configurations may be added at launch.
Is Promesa Fremont MahaRERA registered?
Yes. Promesa Fremont is registered with MahaRERA (P51900055088), registered 29 Feb 2024: 1 towers, 333 units (PROMESA FREMONT, Sale Wing A 56 floors); possession declared Apr 2031. MahaRERA promoter: Darshan Properties. Sales and the price list are still to be announced by the developer.
Who is the developer of Promesa Fremont?
Promesa Realty. Mumbai Property Exchange tracks 4 Promesa Realty projects in Mumbai — 2 under construction or upcoming and 2 delivered.
What is coming up near Promesa Fremont?
10 MahaRERA-registered projects are due to hand over in Parel between 2027 and 2031; the nearest upcoming infrastructure is Worli-Sewri Connector, 1.2 km away (under construction · due 2026).
How do I register for the Promesa Fremont launch?
Enter your mobile number in the form on this page or WhatsApp +91 98200 67525. An MPE advisor (MahaRERA agent A51800043517) shares the launch date, price list and site-visit slots as they are released. No developer contact details are needed from you and nothing is downloaded.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
