Distress Properties for Sale in Lower Parel, Mumbai

Discover distress properties in Lower Parel, Mumbai on Ghar offering great investment value. [IF: ₹1.76 Cr]Property prices range from ₹1.76 Cr to ₹4.19 Cr, with average rates at ₹2.54 Cr.[/IF] [IF:256]Select from 256 RERA approved properties for secure buying.[/IF] [IF:17]Check out 17 new projects perfect for smart investors.[/IF] [IF:Senapati Bapat Marg, NM Joshi Marg, Ganpatrao Kadam Marg and Sitaram Jadhav Marg]Top localities like Senapati Bapat Marg, NM Joshi Marg, Ganpatrao Kadam Marg and Sitaram Jadhav Marg provide excellent buying opportunities.[/IF]

Also showing properties nearby Lower Parel, Parel, Prabhadevi, , Mumbai Central, , Byculla, Mahalaxmi, Tardeo

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1 RK Flat for Rent of Carpet 180 Sq.ft in Kuka Sadan Parel Mumbai by Milind Narayan Gawde

Dr Babasaheb Ambedkar Marg, Parel, Mumbai - 400012

Deposit : 1.00 Lacs
Rent       : 22000
Price
180 Sq.ft Carpet Area
Ready To Move Construction Status
  • Distress
  • OC Received

1 RK Flat for Rent in Dr Babasaheb Ambedkar Marg, Parel, Mumbai: 1 RK Flat with an Carpet area of 180 Sq.ft available for Rent at Dr Babasaheb Ambedkar Marg, Parel, Mumbai in a good and well maintained society name as Kuka Sadan , its a 5 storey structure. Residents can do interior as per their requirement. The Building provides extra features. Families residing at Kuka Sadan enjoy close proximity to mall, school, college, hospital, bus stop and amusement park. Please do enquire for more further details.

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Distress Properties for Sale in Lower Parel: Unveiling Opportunities

Lower Parel, once the industrial heartland of Mumbai, has transformed into one of the city's most dynamic commercial and residential hubs. It offers a unique blend of contemporary living spaces and strategic connectivity, making it a prime location for real estate investment. For discerning buyers looking for value, distress properties for sale in Lower Parel present a compelling opportunity to enter this sought-after market. These properties, often available due to financial exigencies of the seller or project-specific situations, can offer significant discounts compared to market rates. This makes them particularly attractive for investors aiming for higher returns or homebuyers seeking to maximize their budget. Navigating the distress property market requires diligence, but the potential rewards in a prime locale like Lower Parel are substantial. This guide explores the advantages and considerations of acquiring distress sale properties in this vibrant Mumbai neighbourhood, highlighting key areas and potential avenues for securing these unique deals.

Strategic Location with Excellent Connectivity

Lower Parel is exceptionally well-connected, serving as a major nerve center for Mumbai's urban landscape. Its strategic position ensures residents have convenient access to key business districts and essential services, significantly enhancing its appeal as a residential destination. The area benefits from multiple transport links that streamline daily commutes and facilitate easy travel across the city.

  • The Lower Parel railway station, part of the Western Line, provides crucial rail connectivity to South Mumbai, Bandra, and beyond.
  • The Mumbai Monorail offers an alternative transit option, connecting to other parts of the city.
  • Major arterial roads like Senapati Bapat Marg (Tulip Garden Road) and Pandurang Budhkar Marg ensure smooth vehicular movement.
  • Proximity to the Western Express Highway allows for swift access to the airport and northern suburbs.
  • Connectivity to the Bandra-Worli Sea Link further enhances travel to South Mumbai and the western suburbs.

This robust infrastructure network not only makes commuting effortless but also contributes significantly to the enduring property values in Lower Parel, making it a sound investment for both end-users and investors seeking capital appreciation.

Leading Developers and Premium Projects

The real estate landscape in Lower Parel is marked by the presence of esteemed developers who have contributed to its modern transformation. These builders are known for their quality construction, innovative designs, and timely delivery, offering a range of residential options. Indiabulls Real Estate has been a significant player, developing prominent projects like Indiabulls Sky and Indiabulls Blu. Phoenix Mills Limited, primarily known for its commercial ventures, has also ventured into residential developments that leverage their prime land holdings. K Raheja Corp has delivered upscale residential projects that cater to the discerning buyer seeking luxury and convenience. Radius Developers is another name associated with premium constructions in the area. While distress properties might arise from various circumstances, understanding the developer's reputation and the original project's quality is crucial for buyers assessing potential opportunities in Lower Parel.

World-Class Amenities and Social Infrastructure

Lower Parel boasts a rich ecosystem of social infrastructure, offering residents a high quality of life with ample conveniences. Educational institutions serving the area include Bombay Scottish School and Willow School, providing quality education for children. Leading healthcare providers such as HCG Oncology Hospital and Global Hospital ensure comprehensive medical care is readily accessible. For shopping, entertainment, and dining, residents have direct access to iconic destinations like Palladium Mall, High Street Phoenix, and Fun Republic Mall, offering a wide array of retail brands, diverse culinary experiences, and multiplex cinemas. The area also features numerous cafes, restaurants, and lifestyle clubs, catering to a vibrant urban lifestyle. This concentration of essential services and recreational facilities makes Lower Parel a self-sufficient and desirable place to live, further enhancing the value proposition of any property acquisition, including distress sales.

Frequently Asked Questions (FAQs)

[IF:]
What are distress properties and how many are available in Lower Parel, Mumbai?
Distress properties are homes sold below market value due to urgent financial needs. There are such properties listed in Lower Parel, Mumbai on Ghar, offering great deals for buyers.
[/IF] [IF: ₹1.76 Cr]
What price can I expect for distress properties in Lower Parel, Mumbai?
Distress properties in Lower Parel, Mumbai start at ₹1.76 Cr and go up to ₹4.19 Cr. The average selling price is ₹2.54 Cr, making them affordable for many buyers.
[/IF] [IF:Senapati Bapat Marg, NM Joshi Marg, Ganpatrao Kadam Marg and Sitaram Jadhav Marg]
Which locations in Lower Parel, Mumbai have the best distress property deals?
The most popular areas for distress properties in Lower Parel, Mumbai are Senapati Bapat Marg, NM Joshi Marg, Ganpatrao Kadam Marg and Sitaram Jadhav Marg. These neighborhoods offer good infrastructure and growth potential for future resale.
[/IF] [IF:683]
Can I find ready to occupy distress properties in Lower Parel, Mumbai?
Yes, there are 683 ready to move distress properties available in Lower Parel, Mumbai. These homes allow immediate possession and save waiting time for construction completion.
[/IF] [IF:17]
Are new distress property projects coming up in Lower Parel, Mumbai?
Currently, 17 new distress property projects are launching in Lower Parel, Mumbai. These projects provide modern designs and amenities at reduced market prices.
[/IF] [IF:256]
Are distress properties in Lower Parel, Mumbai RERA approved?
Yes, 256 distress properties in Lower Parel, Mumbai are RERA registered. This registration protects buyer interests and ensures legal compliance in property transactions.
[/IF] [IF:112]
How many under construction distress properties are there in Lower Parel, Mumbai?
There are 112 under construction distress properties in Lower Parel, Mumbai. These properties offer lower prices and flexible payment plans during the construction phase.
[/IF] [IF:23]
Are there zero brokerage distress properties in Lower Parel, Mumbai?
Yes, you can find 23 no brokerage distress properties in Lower Parel, Mumbai. Direct owner listings help you avoid extra commission charges and reduce buying costs.
[/IF] [IF:813]
What is the count of resale distress properties in Lower Parel, Mumbai?
Currently, 813 resale distress properties are available in Lower Parel, Mumbai. Resale options provide faster possession and opportunities for price negotiation with sellers.
[/IF] [IF:10]
How many new launch distress properties are in Lower Parel, Mumbai?
There are 10 new launch distress properties in Lower Parel, Mumbai. New launches offer the latest construction standards and attractive pre-launch pricing for early investors.
[/IF]

Shailesh

Area Expert - Agent

6604 Listings