Projects Under 3 Crore in Parel
Explore 7 projects under ₹3 Crore in Parel, Mumbai. Based on source-listed unit asking prices. Compare projects, floor plans and possession dates.
7 projects found
Market overview
- Price range: ₹1.39 Cr to ₹7.30 Cr (developer-listed, 7 projects, 6 developers)
- Carpet area: 312 to 1,692 sq ft
- Rate: ₹24,300 to ₹44,900 per sq ft on carpet area
- Possession: 2026 to 2028
Source-listed developer prices as on 14 Oct 2026; verify on each project page and the MahaRERA record.
Top 7 picks: Projects Under 3 Crore in Parel
Adi Darsshan Adi Darsshan by Promesa Realty, N M Joshi Marg: 1 BHK 396 to 414 sq ft carpet, ₹1.78 Cr to ₹1.86 Cr, possession Dec 2026, MahaRERA P51900047289.
Promesa Fremont Promesa Fremont by Promesa Realty, Parel: 2 to 4 BHK 702 to 1,692 sq ft carpet, ₹2.69 Cr to ₹7.30 Cr, possession 2028, MahaRERA P51900055088.
Gundecha KBK Magnum Heights Gundecha KBK Magnum Heights by Gundecha Builders, Parel: 2 to 3 BHK 822 to 1,209 sq ft carpet, ₹2 Cr to ₹2.94 Cr, possession Dec 2027, MahaRERA P51900034493.
Pearl Heights Pearl Heights by Pattathu Brothers, Parel: 1 BHK 312 to 456 sq ft carpet, ₹1.39 Cr to ₹2.05 Cr, ready for possession, MahaRERA P51900030972.
S3 Epitome S3 Epitome by S3 Group, Lower Parel: 1 to 2 BHK 414 to 587 sq ft carpet, ₹1.86 Cr to ₹2.64 Cr, possession Dec 2028, MahaRERA P51900055535.
Kinjal Pride Kinjal Pride by Hi Rock Construction Pvt Ltd., Parel: 2 BHK 680 sq ft carpet, ₹2.72 Cr, possession 2026, MahaRERA P51900052854.
Sarvesh One Sarvesh One by Sarvesh Enterprises, N M Joshi Marg: 1 to 2 BHK 439 to 582 sq ft carpet, ₹1.87 Cr to ₹2.47 Cr, possession 2026, MahaRERA P51800022923.
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
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❓ Frequently Asked Questions
What is the price range for Projects Under 3 Crore in Parel?
Developer-listed prices for Projects Under 3 Crore in Parel currently run from ₹1.39 Cr to ₹7.30 Cr across 7 projects from 6 developers, which works out to ₹24,300 to ₹44,900 per sq ft on carpet area.
What carpet areas are on offer in Projects Under 3 Crore in Parel?
Carpet areas listed by developers range from 312 to 1,692 sq ft.
When is possession for Projects Under 3 Crore in Parel?
Declared possession dates run from 2026 to 2028; each project page shows its MahaRERA-filed date and construction progress.
How many projects are in Parel?
There are currently 7 active projects in Parel, Mumbai. Browse projects and source-declared RERA details on Mumbai Property Exchange.
What is the average rate in Parel?
The average property rate in Parel is approximately ₹52,225/sqft. Rates vary by builder, floor, and amenities.
Which areas are near Parel?
Popular nearby areas include Sewri, Lower Parel, Dadar East, Prabhadevi, Dadar West. These offer similar connectivity and price ranges.
