GeoSquare valuation corridor · Parel

Parel, Mumbai — property rates 2026

GeoSquare's valuation corridor for Parel, Mumbai combines Maharashtra IGR filing depth (7K+ indexed registrations) with multi-source market research — not a single broker listing. The stamp-duty benchmark sits near ₹35,375/sq ft (corridor ₹28,000–₹48,000). Broker list-price corridor near ₹46,600/sq ft — about 31.7% above declared benchmarks; factor this into negotiation and stamp-duty planning. 2,741 IGR filings tracked in our 12-month availability index for this village.

Stamp-duty benchmark
₹35,375 /sqft

Range ₹28,000 – ₹48,000 per sq ft

List-price corridor₹46,600
Rent yield4.2%
Registration statistics

Property Registrations Activity in Parel

Registration volume from Maharashtra IGR records for this village.

Lifetime index7K+
Filings (12 mo)2,741
Sale deeds (12 mo)410
Recent filings

Latest property registrations

Recent registrations filed with the Inspector General of Registration (IGR) for Parel, Mumbai.

Registration Place Address Area Details
4 Jul 2024 Leave and Licenses Parel
Mumbai
Mangaldas Verma Compound Old Kardar Compound Unit 06, Floor loft floor, Mangaldas Verma Compound Old…
Commercial
Details
3 Jul 2024 Leave and Licenses Parel
Mumbai
Shiromani Towers Unit 101, Floor 1, Shiromani Towers
Residential
Details
2 Jul 2024 Leave and Licenses Parel
Mumbai
Nakshtra CHS Unit 1201
Residential
Details
1 Jul 2024 Mortgage Transaction Parel
Mumbai
Platina Building Unit 1801, Wing-B
Residential
Details
26 Jun 2024 Leave and Licenses Parel
Mumbai
Srushti CHS Unit 102, B Wing
Residential
Details
26 Jun 2024 Leave and Licenses Parel
Mumbai
nisarga sra society Unit B-513, Floor 5, nisarga sra society
Residential
Details
25 Jun 2024 Leave and Licenses Parel
Mumbai
Rubberwala Valencia Unit 1404, Floor 14, Rubberwala Valencia
Residential
Details
21 Jun 2024 Leave and Licenses Parel
Mumbai
Hajimurani Unit 3, Hajimurani
Commercial
Details
19 Jun 2024 Mortgage Transaction Parel
Mumbai
Mayuresh Building Unit 416, Floor 4, Mayuresh Building
Residential
Details
16 Jun 2024 Property Transaction Parel
Mumbai
Rajkamal Park Unit 303, Floor 3, B Wing, Composite Building No. 1
Residential
Details
14 Jun 2024 Leave and Licenses Parel
Mumbai
adobe heights Unit 902, Floor 9, adobe heights
Residential
Details
13 Jun 2024 Leave and Licenses Parel
Mumbai
Sahakar Bhavan Unit 313, Floor 3, Sahakar Bhavan
Residential
Details
12 Jun 2024 Leave and Licenses Parel
Mumbai
Abhinandan Building Unit 01, Abhinandan Building
Commercial
Details
7 Jun 2024 Leave and Licenses Parel
Mumbai
One Lodha Palace Unit 1605, Floor 16, वन लोढा पॅलेस (One Lodha Palace)
Residential
Details
5 Jun 2024 Leave and Licenses Parel
Mumbai
Mankeshwar Temple Estate Unit 9, 2
Commercial
Details
3 Jun 2024 Mortgage Transaction Parel
Mumbai
Gurukrupa CHS Ltd. Unit 1803, Skyline
Residential
Details
1 Jun 2024 Leave and Licenses Parel
Mumbai
Sita CHS Unit 403, Floor 4, Sita CHS
Residential
Details
28 May 2024 Leave and Licenses Parel
Mumbai
Crescent Bay Unit T3-1103, Floor 11, Crescent Bay
Residential
Details
28 May 2024 Leave and Licenses Parel
Mumbai
Arihant Heritage (Old Lakshmi Building) Unit 601, Floor 6, Arihant Heritage
Residential
Details
27 May 2024 Leave and Licenses Parel
Mumbai
Hilla Towers Co-op Housing Society Ltd. Unit 2102, Floor 21, Hilla Towers
Residential
Details

Goto Dashboard → for full deed search in Parel.

Locality profile

Parel is an established, upscale residential and burgeoning commercial hub in South Central Mumbai, renowned for its strategic location and historical significance. It offers unparalleled connectivity, robust social infrastructure, and a plethora of premium amenities, making it a highly desirable address. The locality primarily attracts discerning professionals, affluent families seeking a sophisticated lifestyle, and astute investors eyeing long-term capital appreciation.

Village price index

Property prices in Parel Mumbai currently range from ₹28,000 to ₹48,000 per sq.ft, reflecting its premium status and high demand. The market exhibits stable growth, driven by both luxury and premium residential segments. Key buyer types include high-net-worth individuals, corporate professionals, and long-term investors seeking high-value assets and rental income potential.

Investor brief

Valuation & market signals

Corridor snapshot

  • Stamp-duty benchmark (GeoSquare corridor): ₹35,375/sq ft.
  • Observed corridor band: ₹28,000–₹48,000/sq ft.
  • IGR filing velocity: 2,741 documents in the last 12 months (GeoSquare index).
  • Lifetime registry depth: 7K+ records in GeoSquare.
  • GeoSquare corridor blends portal_research + igr_village_index with 5.0% observed market tolerance.

Why buyers watch Parel

  • 7K lifetime registrations — liquidity signal unique to GeoSquare's IGR index.
  • Declared consideration from IGR deeds supports lawyers, lenders, and buyers beyond broker quotes.
  • Live deed feed connected — recent sales with values when available from property_records.
  • Rent yield near 4.2% — compare with fixed-income alternatives.
  • Steady IGR filing cadence in the 12-month index — resale market is active.

Due diligence notes

  • Declared registration value may under-state total consideration — treat as a legal benchmark, not market clearing price.
  • Wide list-price vs stamp-duty gap can surprise first-time buyers on duty and loan LTV.
  • IGR village labels may differ from broker micro-markets — verify survey and society on dashboard search.
  • Leave-and-licence and mortgage filings mix with outright sales — filter by deed type when comparing.

Actionable angles

  • Run dashboard.geosquare.in before site visits — search survey, society, buyer, seller in Parel.
  • Yield near 4.2% — stress-test against rental vacancy in the corridor.
  • Quarterly corridor trend is upward — momentum favours early movers in resale.
  • Pair corridor rates with RERA project pages for new-supply context and possession timelines.
Neighbourhood

Compare filing corridors nearby

Questions buyers ask

What is GeoSquare's stamp-duty benchmark for Parel?

GeoSquare models ₹35,375/sq ft for Parel, Mumbai using IGR village index + multi-source research with corridor tolerance — not a single portal copy. Open dashboard for deed-level values.

How does broker list price compare to the stamp-duty benchmark in Parel?

List-price corridor near ₹46,600/sq ft vs stamp-duty benchmark near ₹35,375/sq ft. List price is broker-marketed; benchmark is what gets filed for duty.

How many IGR filings does GeoSquare track in Parel?

7K lifetime records; 2,741 filings in our 12-month availability index.

Where does GeoSquare data come from?

Maharashtra Inspector General of Registration (IGR) public records, property_data_availability_new filing index, and independent market research. GeoSquare is not a government website.

How do I find a specific flat in Parel?

dashboard.geosquare.in — survey number, society, party name; English and Marathi supported.

Go deeper than any rates page

dashboard.geosquare.in searches survey numbers, societies, buyers, and sellers across Parel — the same property_records pipeline behind our dashboard.

Goto Dashboard