New Developments
Parel happens to one of the fastest developing neighborhoods in the world (outside of Guangdong / Shenzhen, China). This area was dominated by textile mills some decades ago (which all went defunct). The land of these mills are being redeveloped in large stand alone housing buildings such as 1. Ashok Towers (one of the tallest buildings in Mumbai with its own football ground) 2. Ashok Gardens 3. Kingston Towers 4. Kalpataru Habitat
Parel has seen huge property price appreciation in excess of 8X over the last 10 years. Cafe' Coffee day has finally opened up here, MTV has its head office in Parel. Maharshi Dayanand College of Arts, Science and Commerce is situated next to MTV office, near ITC grand central hotel and opposite to Mahatma Gandhi Hospital in Parel at Dr.S.S.Rao Road.
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Famous quotes containing the word developments:
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