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Last updated: Dec 25, 2024
2 BHK Flat for RentSemi Furnished733 sq.ftMagnum Tower, Lal Baug, Parel, Mumbai
2 BHK Flat for Rent
1,03,000
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Property Location
Magnum Tower, Lal Baug, Parel, Mumbai
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Overview
| Project Name | Magnum Tower |
|---|---|
| Security | 1 Lac |
| Brokerage | No Charge Access Zero Brokerage Properties |
| Built up area | 733 sq.ft |
| Furnishing | Semi Furnished |
| Bathrooms | 2 |
| Balcony | - |
| Available from | Jan, 2025 |
| Age of property | null year |
| Parking | - |
| Gas Pipeline | No |
| Gate Community | No |
| Carpet area | 0 sq.ft |
| Price Negotiable | No |
About this property
This Flat can be a comfortable and affordable home for your family. It is a 2 BHK unit available on rent at Parel in Mumbai. This Flat comes with a plethora of amenities to meet your modern lifestyle needs. It is Semi Furnished. Offering beautiful city views, this 2 BHK has been thoughtfully developed. It includes a total of 2 bedrooms and 2 bathroom. The built-up area of the Flat is 733 Square feet. The Flat is available for a monthly rent of Rs 103000. The security deposit payable is Rs 103000.
Project Highlights
This property has been constructed under Magnum Tower. The locality Parel where this Flat is situated, has well-equipped social infrastructure. Those who need medical assistance in emergencies can be worry-free as there are hospitals close by, such as Healthspring Parel, Gleneagles Hospital Mumbai, and Kasturba Hospital for Infectious Diseases
Project Highlights
This property has been constructed under Magnum Tower. The locality Parel where this Flat is situated, has well-equipped social infrastructure. Those who need medical assistance in emergencies can be worry-free as there are hospitals close by, such as Healthspring Parel, Gleneagles Hospital Mumbai, and Kasturba Hospital for Infectious Diseases
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Resident reviews for
Magnum Tower
4.4/5
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Locality
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Ratings based on features
4.2/5
Connectivity4.2/5
Maintenance4/5
Construction4.2/5
Social Life4.2/5
AmenitiesAll 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)50.00%
appreciation in avg. price (Built-up Area) for Magnum Tower in last 1 year
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Project
Magnum Tower
50.00%
Last 1 Year
₹1.5L/month
Avg. rent
Locality(Apartments)
Parel
8.07%
Last 1 Year
₹1.2 L/month
Avg. rent - 3+ BHK
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Data Source : Maharashtra Government
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Explore Neighbourhood - Parel
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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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