Project Status
New Launch
No. of Units
224 Units
Project Area
1.64 Acres
Ownership
Freehold
Towers / Floors
1 Towers / 60 Floors
Property View
Open View
Parking
Two Wheeler, Four Wheeler
Carpet Area
675 Sq Ft
Price
2.9 Cr
Carpet Area
801 Sq Ft
Price
3.5 Cr
Carpet Area
1053 Sq Ft
Price
4.58 Cr
Carpet Area
1674 Sq Ft
Price
7.1 Cr
Carpet Area
1873 Sq Ft
Price
7.94 Cr
Parel East is a fast-developing residential area in Mumbai, preferred for its open surroundings and improving connectivity. The locality offers access to daily conveniences such as schools, healthcare facilities, and retail options within the broader Parel East region.
With increasing residential development and infrastructure growth, Parel East is often considered by buyers looking for affordable housing and long-term value.
Promesa Fremont is a real estate project registered under Maharashtra Real Estate Regulatory Authority, ensuring transparency and accountability in its development. Scan the RERA QR code or search for the project here: https://maharera.maharashtra.gov.in/
Promesa Fremont is a residential flat project located in Parel East, Mumbai, developed by Promesa Realty, and registered under MahaRERA with registration number P51900055088.
The project offers 2 BHK, 3 BHK, and 4 BHK flats with super built-up areas ranging from 670 sq ft to 1880 sq ft, making it suitable for buyers looking for larger homes in a central Mumbai location.
This project is positioned toward buyers seeking a combination of urban connectivity, larger living spaces, and premium residential positioning within Mumbai city limits.
Parel East has evolved into one of Mumbai’s important residential and commercial zones due to infrastructure growth and proximity to business districts.
Key buyer considerations:
• Located in central Mumbai, offering strong connectivity
• Larger 2, 3 & 4 BHK configurations compared to many compact Mumbai projects
• Suitable for buyers looking for upgraded lifestyle housing
• Potential demand from professionals working in South and Central Mumbai
The project appeals more to buyers prioritising location and spacious living rather than entry-level affordability.
• Mid to high-income homebuyers seeking larger apartments
• Families looking for 2, 3, or 4 BHK homes in Mumbai
• Professionals working in nearby commercial hubs
• Buyers upgrading from compact apartments to larger residences
• Buyers searching for budget housing
• Individuals looking for compact starter homes
• Those preferring suburban or low-density living environments
Parel East is one of Mumbai’s established urban locations with strong residential and commercial development.
Key location advantages:
• Connectivity to Lower Parel, Dadar, Byculla, and South Mumbai
• Access to major roads, rail connectivity, and business districts
• Presence of hospitals, schools, shopping centres, and restaurants
• Strong social infrastructure and urban convenience
For many buyers, Parel East offers a balance between workplace accessibility and city lifestyle.
| Configuration | Super Built-up Area | Practical Use |
|---|---|---|
| 2 BHK | ~670 sq ft | Suitable for couples and small families |
| 3 BHK | Varies | Suitable for growing families |
| 4 BHK | Up to 1880 sq ft | Suitable for larger households and premium buyers |
• Larger apartments provide better flexibility for families
• Additional rooms can support work-from-home setups
• More usable living space compared to compact city apartments
Promesa Fremont is positioned as a mid-to-premium residential project in central Mumbai.
What that means:
• Focus on larger configurations and urban convenience
• Higher pricing compared to outer suburban projects
• Likely suited for long-term end-users rather than budget investors
This project is more about location advantage and residential comfort than low-cost housing.
• Nearby healthcare facilities and schools
• Better access to shopping and entertainment
• Connectivity to workplaces and transport systems
• Established urban infrastructure
• Peak-hour traffic and commute experience
• Actual usable carpet area vs super built-up area
• Parking availability
• Construction progress and delivery timeline
A detailed site visit helps buyers understand the real living environment beyond brochures.
Apart from the apartment price, buyers should consider:
• Monthly maintenance charges
• Parking and society fees
• Utility expenses
• Higher lifestyle and commute costs associated with central Mumbai
Parel East typically falls into the mid-to-premium cost bracket within Mumbai real estate.
| Factor | Promesa Fremont | Typical Central Mumbai Projects |
|---|---|---|
| Configuration | 2, 3 & 4 BHK | Mostly 1–3 BHK |
| Apartment Size | 670–1880 sq ft | Varies |
| Target Buyer | Mid-premium families | Mixed |
| Location | Parel East | Central Mumbai |
| Positioning | Spacious urban living | Compact to premium |
The project’s larger apartment sizes are a key differentiator in Mumbai’s space-constrained market.
• 2 BHK units may support compact office setups
• 3 & 4 BHK homes are more practical for hybrid work lifestyles
• Additional rooms offer flexibility for study or office use
This makes the project relatively suitable for buyers with long-term remote or hybrid work needs.
• MahaRERA Number: P51900055088
Before making a purchase decision:
• Verify project details on the official MahaRERA portal
• Check construction status and expected possession timeline
• Understand all additional charges and taxes
• Review floor plans carefully
Legal and financial due diligence is important for any property purchase.
• Faster access to commercial areas and city infrastructure
• Reduced long-distance commute for many professionals
• Higher density urban environment
• Access to better social infrastructure compared to outer suburbs
Lifestyle experience will largely depend on traffic patterns, building management, and surrounding development.
Promesa Fremont in Parel East is suitable for buyers who:
• Want larger 2, 3, or 4 BHK flats in central Mumbai
• Prefer established urban infrastructure and connectivity
• Need more space for families or work-from-home use
• Are comfortable with mid-to-premium Mumbai property pricing
It may not suit buyers focused purely on affordability or compact housing, but it can work well for families seeking practical long-term city living in a well-connected location.
