Nestled amidst the bustling heart of Mumbai's commercial hub, Ashok Towers Parel emerges as an architectural marvel, redefining the city's skyline. This iconic residential complex has been meticulously crafted to offer discerning homebuyers an unparalleled living experience, blending luxury, convenience, and connectivity.
Ashok Towers Parel is a testament to the legacy of Ashok Piramal Group, a renowned real estate conglomerate with a commitment to creating extraordinary living spaces. With over four decades of experience in the industry, the group has earned a reputation for delivering projects of exceptional quality and innovation, etching its name into the annals of Mumbai's real estate landscape.
Parel stands as a highly sought-after location in Mumbai, boasting excellent connectivity to the city's business districts, entertainment hubs, and key landmarks. The locality is home to numerous corporates, financial institutions, and luxury retail outlets. Ashok Towers Parel is strategically situated in the heart of this vibrant precinct, offering residents the convenience of having all essential amenities within easy reach.
Ashok Towers Parel is a marvel of architectural ingenuity, designed by renowned architect Hafeez Contractor. The complex comprises two magnificent towers, each standing tall at 69 storeys, affording breathtaking panoramic views of the city and the Arabian Sea. The towers' sleek glass facades reflect the surrounding cityscape, creating a shimmering masterpiece that dominates the skyline.
Beyond its striking exterior, Ashok Towers Parel offers residents an array of world-class amenities designed to cater to every need and desire. Highlights include:
Landscaped Podium Garden: A verdant oasis adorned with lush greenery and serene water features, providing residents a sanctuary for relaxation and recreation.
State-of-the-art Clubhouse: A grand space designed for social gatherings, featuring a swimming pool, fitness center, banquet hall, and children's play area.
Multi-level Security System: Ensuring the safety and security of residents, with 24/7 surveillance, access control, and a dedicated security team.
Ashok Towers Parel offers a range of exquisitely appointed apartments, ranging from spacious 2BHKs to palatial 6BHK penthouses. Each unit is designed with meticulous attention to detail, featuring:
Expansive Balconies: Allowing residents to soak in the panoramic cityscape views and enjoy the fresh coastal breeze.
High-end Finishes: Premium materials, fixtures, and fittings adorn every apartment, creating an aura of elegance and comfort.
Smart Home Automation: Enhancing convenience and comfort, residents can control lighting, climate, and security systems effortlessly from their smartphones.
The cost of living in Ashok Towers Parel varies depending on the size and configuration of the apartment. However, as a general benchmark, here are the approximate price ranges:
Apartment Type | Price Range |
---|---|
2BHK (1,100 sq. ft.) | ₹ 2.5 - 3.0 Crores |
3BHK (1,400 sq. ft.) | ₹ 3.5 - 4.0 Crores |
4BHK (1,800 sq. ft.) | ₹ 5.0 - 5.5 Crores |
6BHK Penthouse (3,500 sq. ft.) | ₹ 10.0 - 12.0 Crores |
Note: Prices are subject to change and may vary based on market conditions and availability.
Ashok Towers Parel is not just a luxurious residence but also a sound investment opportunity. The project enjoys a prime location in a high-growth area, making it an attractive asset for investors looking for long-term capital appreciation. According to a report by Knight Frank India, the average property price in Parel has grown by approximately 10% per annum over the past five years.
Ashok Towers Parel stands as a testament to the unwavering commitment of Ashok Piramal Group to creating living spaces that redefine the boundaries of luxury and convenience. With its prime location, architectural grandeur, and unparalleled amenities, this iconic residential complex offers discerning homebuyers a truly extraordinary living experience. Whether you are looking for a luxurious residence, a sound investment opportunity, or both, Ashok Towers Parel is an unparalleled choice that will elevate your lifestyle to new heights.
Table 1: Key Amenities of Ashok Towers Parel
Amenity | Description |
---|---|
Landscaped Podium Garden | Verdant oasis with lush greenery and serene water features |
State-of-the-art Clubhouse | Swimming pool, fitness center, banquet hall, children's play area |
Multi-level Security System | 24/7 surveillance, access control, dedicated security team |
Smart Home Automation | Control lighting, climate, and security systems from smartphones |
Table 2: Approximate Price Ranges
Apartment Type | Price Range |
---|---|
2BHK (1,100 sq. ft.) | ₹ 2.5 - 3.0 Crores |
3BHK (1,400 sq. ft.) | ₹ 3.5 - 4.0 Crores |
4BHK (1,800 sq. ft.) | ₹ 5.0 - 5.5 Crores |
6BHK Penthouse (3,500 sq. ft.) | ₹ 10.0 - 12.0 Crores |
Table 3: Historical Price Appreciation in Parel
Year | Average Property Price | Annual Growth Rate |
---|---|---|
2017 | ₹ 20,000 per sq. ft. | - |
2018 | ₹ 22,000 per sq. ft. | 10.0% |
2019 | ₹ 24,000 per sq. ft. | 9.1% |
2020 | ₹ 25,500 per sq. ft. | 6.3% |
2021 | ₹ 27,500 per sq. ft. | 7.8% |
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