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Last updated: Dec 13, 2024
2 BHK FlatMagnum Tower, Lal Baug, Parel, Mumbai
2 BHK Flat
5.0 Cr
₹33.33 K/sq.ft
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+ 21 more
1500.00 sq.ft
Built Up Area
₹33.33 K/sq.ft
Avg. Price
5 Year Old
Age of property
Ready to move
Possession status
Middle
of 32 floors
Semi Furnished
Furnishing
Property Location
Magnum Tower, Lal Baug, Parel, Mumbai
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Property Overview
| Project Name | Magnum Tower |
|---|---|
| Brokerage | 5 Lacs Access Zero Brokerage Properties |
| Price | 5.0 Cr |
| Carpet Area | 1400 sq.ft |
| Bedrooms | 2 |
| Bathrooms | 3 |
| Parking | 2 Covered and 2 Open Parking |
| Balcony | 3 |
| Added | More than a month ago |
About this property
Looking for a good 2 BHK Flat in Parel, Mumbai? This property is in one of Mumbai's most popular locations. The property is on floor 12. Total number of floors is 32. Maintenance charges of this property is Rs 14000. This Flat is available for Rs 5.0 Cr. This modern unit has a built-up area of 1500 square_feet. The carpet area of this Flat is 1400 square_feet. There are 2 bedrooms and 3 bathroom. It is very close to some of city's best hospitals, such as, Healthspring Parel, Gleneagles Hospital Mumbai, Kasturba Hospital for Infectious Diseases. The brokerage amount to be paid is Rs 500000
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Amenities
Garbage Disposal
Recreation Facilities
Solid Waste Management And Disposal
+15
Resident reviews for
Magnum Tower
4.4/5
Project
Locality
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Ratings based on features
4.2/5
Connectivity4.2/5
Maintenance4/5
Construction4.2/5
Social Life4.2/5
AmenitiesGood things here
Things that need improvement
Community atmosphere
All resident reviews (5 reviews)
Diya Mehta
Owner | 1 year ago
4.2
Magnum Tower is a symbol of sophistication and luxury. It is a great project. The meticulously designed interiors, high-quality finishes, and state-of-the-art amenities create a lavish living space that exceeds expectations.
Esha Das
Broker | 1 year ago
4.7
Magnum Tower is a true landmark in Mumbai's skyline. The towering structure, panoramic views, and world-class facilities set it apart as a premier residential destination, offering an unparalleled living experience.
Advait Yadav
Owner | 1 year ago
4.3
Living at Magnum Tower is an absolute delight. The well-appointed apartments, breathtaking views of the city, and a host of recreational facilities ensure a luxurious and fulfilling lifestyle in the heart of Mumbai.
Pranav Joshi
Owner | 1 year ago
4.5
Magnum Tower in Mumbai is a true gem in the city skyline. The contemporary design, premium amenities, and strategic location make it an ideal choice for those seeking a modern and convenient living experience.
Siddhi Mehta
Tenant | 1 year ago
4.3
I am proud to call Magnum Tower my home. The attention to detail, seamless connectivity, and round-the-clock security provide a sense of comfort and peace of mind in the vibrant city of Mumbai.
Price Trends for Magnum Tower vs. Parel
(Apartments)31.25%
appreciation in avg. price / sq.ft (Built-up Area) for Magnum Tower in last 1 year
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Project
Magnum Tower
31.25%
Last 1 Year
₹40.2K/sq.ft
Avg. rate
Locality(Apartments)
Parel
9.56%
Last 1 Year
₹36 K/sq.ft
Avg. rate
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Property Registery Records
in Magnum Tower
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Data Source : Maharashtra Government
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Parel Locality
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Locality Guidefor Parel, Mumbai
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Parel is in the neighbourhood of Mumbai, under the Mumbai District of Maharashtra. The place got its name from the Parali Vaijanath Mahadev Shiva temple. It is part of the Secondary Business District (SBD). Its coordinates are 18.9977° N 72.8376° E. With a population of 146056, the size of the area is around 4.06 square kilometres. The climate of Parel is tropical, with dry and wet seasons and is moderately hot with high humidity levels. Marathi is the official language, however, Hindi is also spoken.
Infrastructure and Details
The area is under the administration of the Municipal Corporation of Greater Mumbai for civic amenities. Some of the nearby locations are Lower Parel (1.84 Km), Chinchpokli (1.94 Km), Dadar East (2.37 Km), Prabhadevi (3.06 Km) and Worli (3.19 Km). The nearest airport is Chhatrapati Shivaji International Airport at 8.2 km from Parel. The nearest Railway Station is Mumbai Currey Road at a distance of 0.79 km
The Eastern and Western Express Highways and Sea-links connect this place to the rest of the locations. It has Monorail connectivity to many commercial hubs in Mumbai. Parel and Lower Parel railway stations are on the Mumbai Suburban Railway line. Elphinstone Road railway station is in the neighbourhood. It is part of the Western Line. Parel West is also known as Elphinstone because of its proximity to the Elphinstone Road station. Earlier most of the textile mills in Mumbai used to be operating in this area.
There are dozens of office spaces that serve as a workplace for numerous people. Well-known schools in the place are Helen Keller Institute and Cama Montessori & Primary School. Some well-known colleges here are Seth GS Medical College and Maharishi Dayanand College of Arts, Science and Commerce. The leading hospitals here include Global Hospitals and Mahatma Gandhi Memorial Hospital. Palladium Mall and High Street Phoenix are some of the well-known malls in Parel. CCD, MTV’s head office, Maharshi Dayanand College of Arts, Science and Commerce is next to the MTV office, ITC grand central hotel, and Mahatma Gandhi Hospital are in Parel.
Property in Parel
The properties here are in the configuration of 1BHK, 2BHK, 3BHK & 4BHK flats and 5BHK Duplex flats. The sizes range from 276 sq. ft. to 758 sq. ft. for 1BHK flats to 2000 sq. ft. and above for larger configurations.
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What is good here
- railway connectivity from Mumbai Suburban Railway Station
- road infrastructure is good as Parel is a main spot on the Lalbagh Flyover
- road condition is excellent
- Parel is a very safe locality and well connected with the other parts of the city
- 721 LED Street Light Manufacturers near Haffkine Institute-Parel
- continuous police patrolling provided by the nearby police stations
- BMC Garden & Children's Park is one most known amusment park in the locality of Parelread more
- Parel is very hygienic place to live with low diseases
- pollution rate is very low in Parel with 35 AQI
- Price of residential buidlings are very high
- office space is available for rent at an affordable price of Rs 55,000
- no highway connected to Parel
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Disclaimer: While Housing.com takes all steps to ensure accuracy of the information provided in this section, please check the same with the developers. Housing.com does not take responsibility for any discrepancies in the information provided.
Magnum Tower Developer Information
MD
Magnum Developers32Total Projects
32
Total Projects
Magnum Builders is a real estate development company. It is committed to providing spectacular projects that deliver the best value for customer’s money. The developer aims to transform the property dreams of the customers into reality. It ensures that its projects emanate meticulous planning, quality material, and excellent workmanship. The company strives to be a front runner in the realm of real estate development by providing feature-rich projects that offer comfortable living.
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About Magnum Tower
About the Project - Magnum Tower by Magnum Developers
Magnum Tower by Magnum Developers is a prestigious residential project located in Lal Baug, Parel, Mumbai. The construction status of the project is "Ready to Move," ensuring that you can move in without any delay. The project offers spacious 2, 3, 4, and 5 BHK apartments, with sizes ranging from 716 to 2732 sq.ft. With a total of 153 units in a single tower, Magnum Tower provides a sense of exclusivity and privacy.The project is registered under RERA with ID P51900009005, ensuring transparency and adherence to regulations.To make the home buying process easier for you, Magnum Tower offers home loans from HDFC and Punjab National Bank. This enables you to fulfill your dream of owning a home with the help of trusted financial institutions.There are 153 units of 2, 3, 4, 5 BHK Apartments for sale in Magnum Tower, Lal Baug, Parel, Mumbai, spread across 1 towers.
About the Builder - Magnum Developers
Magnum Developers is a renowned name in the real estate industry. With years of experience and expertise, they have successfully delivered numerous residential and commercial projects. Their commitment to quality, innovation, and customer satisfaction sets them apart from the rest. Magnum Developers has a proven track record of delivering projects on time, ensuring that you can trust them to fulfill your aspirations of owning a dream home.
About the Locality - Lal Baug, Parel, Mumbai
Lal Baug, Parel, Mumbai is a bustling locality that offers a perfect blend of convenience and serenity. The project is surrounded by various amenities, including hospitals, schools, and shopping malls. Nearby hospitals like Global Hospitals, Saifee Hospital, and TMC Hospital provide top-notch medical facilities for you and your family. For your children's education, there are renowned schools like English Medium Primary School, Parel English High School, and Sir J.J. Parel Primary School in close proximity. Shopping malls like Main Building and Mils College cater to your retail and entertainment needs.The locality is well-connected to the main highway, ensuring easy accessibility to other parts of Mumbai. Additionally, the presence of the metro further enhances connectivity, making Lal Baug, Parel an ideal place to reside.
Project Amenities
Magnum Tower offers a range of amenities to enhance your lifestyle. The project is located in a prime location and boasts 3 open side properties, providing a spacious and luxurious living experience. The strategically located schools and medical facilities ensure convenience and peace of mind.The
project amenities include sewerage (chamber, lines, septic tank, STP), treatment and disposal of sewage and sullage water, water supply, car parking, community buildings, garbage disposal, paved compound, 24x7 water supply, water conservation, rainwater harvesting, open parking, internal roads, lift(s), sewage treatment plant, fire fighting system, solid waste management and disposal, energy management, storm water drains, landscaping and tree planting, meter room, and closed car parking.
Magnum Tower by Magnum Developers provides everything you need for a comfortable and luxurious lifestyle, making it the perfect choice for your dream home.
Magnum Tower by Magnum Developers is a prestigious residential project located in Lal Baug, Parel, Mumbai. The construction status of the project is "Ready to Move," ensuring that you can move in without any delay. The project offers spacious 2, 3, 4, and 5 BHK apartments, with sizes ranging from 716 to 2732 sq.ft. With a total of 153 units in a single tower, Magnum Tower provides a sense of exclusivity and privacy.The project is registered under RERA with ID P51900009005, ensuring transparency and adherence to regulations.To make the home buying process easier for you, Magnum Tower offers home loans from HDFC and Punjab National Bank. This enables you to fulfill your dream of owning a home with the help of trusted financial institutions.There are 153 units of 2, 3, 4, 5 BHK Apartments for sale in Magnum Tower, Lal Baug, Parel, Mumbai, spread across 1 towers.
About the Builder - Magnum Developers
Magnum Developers is a renowned name in the real estate industry. With years of experience and expertise, they have successfully delivered numerous residential and commercial projects. Their commitment to quality, innovation, and customer satisfaction sets them apart from the rest. Magnum Developers has a proven track record of delivering projects on time, ensuring that you can trust them to fulfill your aspirations of owning a dream home.
About the Locality - Lal Baug, Parel, Mumbai
Lal Baug, Parel, Mumbai is a bustling locality that offers a perfect blend of convenience and serenity. The project is surrounded by various amenities, including hospitals, schools, and shopping malls. Nearby hospitals like Global Hospitals, Saifee Hospital, and TMC Hospital provide top-notch medical facilities for you and your family. For your children's education, there are renowned schools like English Medium Primary School, Parel English High School, and Sir J.J. Parel Primary School in close proximity. Shopping malls like Main Building and Mils College cater to your retail and entertainment needs.The locality is well-connected to the main highway, ensuring easy accessibility to other parts of Mumbai. Additionally, the presence of the metro further enhances connectivity, making Lal Baug, Parel an ideal place to reside.
Project Amenities
Magnum Tower offers a range of amenities to enhance your lifestyle. The project is located in a prime location and boasts 3 open side properties, providing a spacious and luxurious living experience. The strategically located schools and medical facilities ensure convenience and peace of mind.The
project amenities include sewerage (chamber, lines, septic tank, STP), treatment and disposal of sewage and sullage water, water supply, car parking, community buildings, garbage disposal, paved compound, 24x7 water supply, water conservation, rainwater harvesting, open parking, internal roads, lift(s), sewage treatment plant, fire fighting system, solid waste management and disposal, energy management, storm water drains, landscaping and tree planting, meter room, and closed car parking.
Magnum Tower by Magnum Developers provides everything you need for a comfortable and luxurious lifestyle, making it the perfect choice for your dream home.
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