Overview of Parsi Colony, Mumbai

Location and Connectivity

The Parsi Colony is found in Dadar East, Mumbai, an area that stands out for its great connectivity to major city landmarks. This place is right near essential services like schools (such as The J.B. Vachha Girls High School) and hospitals (like Pai Hospital). This makes it a smart pick for families.

Property Prices

• Properties in Parsi Colony start at ₹30,000 per sqft.
• On average, prices come in at Rs. 45,594 per sqft.
• But if you’re looking for something fancy, top-end homes go for up to Rs. 60,827 per sqft.

Year-on-Year Price Trends

• Property prices have risen a lot this past year, with a huge 27.72% increase. This points to a solid and profitable market for both those selling and buying properties.

Types of Properties Available

• On Sale:
  • Properties here vary from affordable to high-end luxury.
  • Half of the properties are priced between ₹40 Lac and ₹60 Lac, while another chunk costs between ₹20 Lac and ₹40 Lac.
• To Rent:
  • Flats here come in varying sizes: 1 BHK, 2 BHK, and 3 BHK.
  • Rent for flats ranges, like a 1 BHK flat costs Rs. 1.75 Lakhs, while a 3 BHK flat costs about Rs. 1.3 Lakhs monthly.

Amenities and Lifestyle

• This place has lots of greenery around it and comes with numerous amenities.
• Plus, it’s well-connected to schools, hospitals, and other important facilities that add to the quality of life here.

Popular Projects

• Some of the best developments here are by major builders like Rustomjee known for their quality and amenities.

PropertyWala's Conclusion

Living in Parsi Colony, Dadar East, Mumbai, is a good choice for both buyers and renters. It’s strategically placed with strong connections and offers various types of properties. With a big jump in property prices each year, it’s seen as a smart investment. For those wanting a well-linked, richly-featured area, Parsi Colony offers great comfort and value. But remember, before making any choice, it’s good to really check market trends and prices.