Lal Baug

Lal Baug, Parel, Mumbai

About This Location

Lal Baug, located in the Parel area of Mumbai, is a vibrant and culturally rich neighborhood known for its historic significance and bustling urban environment. It is renowned for its deep-rooted traditions, particularly the famous Lalbaugcha Raja Ganeshotsav, which attracts millions of devotees during the Ganesh Chaturthi festival. This area is a blend of old and new, with traditional chawls and modern high-rise buildings coexisting side by side. The locality has a strong industrial heritage, once being home to several textile mills. While most mills have now been replaced by commercial and residential developments, the industrial past still influences the character of the area. Lal Baug's streets are lively and crowded, lined with a mix of small shops, local markets, and eateries that cater to the daily needs of its residents. Healthcare facilities are robust, with several prominent hospitals such as KEM Hospital and Tata Memorial Hospital in close proximity. Educational institutions, ranging from primary schools to colleges, are also readily available, making it a convenient location for families.

Insights

Highlights about this area
  • Lal Baug is famous for its cultural heritage, particularly the Lalbaugcha Raja Ganeshotsav, which is one of the most celebrated Ganesh Chaturthi festivals in Mumbai. Proximity to Bandra-Worli Sea Link and Mahalaxmi Racecourse
  • Lal Baug benefits from its proximity to numerous business districts, corporate offices, and commercial hubs
Positive Aspects of this area
  • The locality boasts excellent connectivity to other parts of Mumbai. Major roadways like Dr. Babasaheb Ambedkar Road and the Eastern Express Highway run nearby. Lal Baug is in close proximity to some of Mumbai's top healthcare institutions, such as KEM Hospital and Tata Memorial Hospital
  • The locality offers a vibrant shopping experience with its mix of local markets, small shops, and modern retail outlets
Negative Aspects of this area
  • Traffic congestion during peak hours

Configurations

2 BHK20 units
Avg Price₹ 3.06 Cr
Avg Rate₹ 41.36 k / sqft
1 BHK12 units
Avg Price₹ 83.58 L
Avg Rate₹ 20.03 k / sqft
1 RK3 units
Avg Price₹ 0
Avg Rate₹ 0 / sqft
4 BHK5 units
Avg Price₹ 9.4 Cr
Avg Rate₹ 52.89 k / sqft
3 BHK26 units
Avg Price₹ 5.69 Cr
Avg Rate₹ 48.6 k / sqft

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Tejukaya Tribeca Towers

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₹ 4.13 Cr - ₹ 7.24 Cr

Top Developers in this area

Lodha Group

2

Total Projects

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Bhalchandra Wadnerkar

2

Total Projects

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L&T Realty

2

Total Projects

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Tejukaya Group

2

Total Projects

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Podar Spaces

1

Total Projects

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agent

Murugan Devendra

Jugyah Real Estate Consultant

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