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No. of Units
118 Units
Project Area
0.61 Acres
Ownership
Freehold
Towers / Floors
2 Towers / 5 Floors
Property View
Green View
Parking
Two Wheeler, Four Wheeler
Carpet Area
455 Sq Ft
Price
40.95 Lakh
Virar West is a fast-developing residential area in Palghar, 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 Virar West region.
With increasing residential development and infrastructure growth, Virar West is often considered by buyers looking for affordable housing and long-term value.
Parikh Peninsula Residency 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/
Parikh Peninsula Residency is a residential flat project located in Virar West, Palghar, developed by Parikh Group, and registered under MahaRERA (P99000029866).
The project offers 1 BHK flats with carpet areas ranging from 450 sq ft to 460 sq ft, making it suitable for buyers looking for affordable and compact homes in Virar West.
This project is positioned for buyers who want entry-level home ownership in the Mumbai Metropolitan Region (MMR) with practical space usage.
Virar West is known for budget-friendly housing options and strong demand from first-time buyers and daily commuters.
Key buyer considerations:
• Located in an affordable residential zone of MMR
• Compact 1 BHK configuration for budget buyers
• Suitable for first-time homebuyers and small families
• Practical carpet area for basic urban living
This makes it relevant for buyers prioritising affordability and ownership over large space.
Suitable for:
• First-time homebuyers entering the Mumbai property market
• Individuals or couples looking for compact 1 BHK flats
• Buyers currently living on rent in Virar or nearby areas
• Budget-conscious buyers seeking ownership
Less suitable for:
• Families needing 2 BHK or larger homes
• Buyers looking for premium or luxury housing
• Those wanting central Mumbai or Thane proximity
Virar West has developed as a major residential hub due to its affordability and connectivity via the Western Railway line.
Key location benefits:
• Connectivity via Virar railway station (Western line)
• Access to Vasai, Nalasopara, and Mumbai suburbs
• Availability of schools, hospitals, and local markets
• Strong demand from daily commuters
This location supports affordable housing demand with long-term population growth.
| Configuration | Carpet Area | Practical Use |
|---|---|---|
| 1 BHK | ~450 – 460 sq ft | Suitable for individuals, couples, or small families |
Practical insight:
• Compact layout designed for essential living
• Limited extra space but functional for daily use
• Works for buyers transitioning from rental to ownership
This is a compact 1 BHK residential project, not a large township or multi-configuration development.
What that means:
• Focus on affordability and usability
• Easier maintenance compared to large societies
• Entry-level property in the MMR region
What supports daily life:
• Easy availability of daily essentials
• Active residential environment
• Local transport and railway connectivity
What buyers should verify:
• Distance from Virar station
• Peak-hour train crowd and travel time
• Water supply and building maintenance
• Internal road conditions and access
Apart from the property cost, plan for:
• Monthly maintenance charges
• Electricity and water bills
• Travel cost (important for Mumbai commute)
• Daily household expenses
Virar West offers lower cost of living compared to Mumbai and Thane, but travel cost/time is a key factor.
| Factor | Parikh Peninsula Residency | Typical Virar West Projects |
|---|---|---|
| Configuration | Only 1 BHK | Mostly 1 & 2 BHK |
| Carpet Area | Compact (450–460 sq ft) | Varies |
| Target Buyer | Budget homebuyers | Budget + mid segment |
| Developer | Parikh Group | Mixed developers |
| Positioning | Entry-level ownership | Mixed |
This project fits buyers looking for simple, affordable ownership in Virar West.
• Limited space for dedicated WFH setup
• Can accommodate basic work setup
• Not ideal for full-time remote work with multiple users
Best suited for hybrid working professionals or single users.
• MahaRERA Number: P99000029866
Before making a decision:
• Verify RERA details on official website
• Check construction progress
• Confirm possession timeline
• Review layout and actual usable space
• Daily train commute challenges during peak hours
• Compact living space limitations
• Dependence on local infrastructure
• Gradual area development over time
A site visit is important to understand real travel and lifestyle conditions.
Parikh Peninsula Residency in Virar West is suitable for buyers who:
• Want affordable 1 BHK flats in Virar West
• Are entering the Mumbai property market for the first time
• Prefer ownership over renting
• Are comfortable with compact living and daily commute
It is not ideal for buyers needing larger homes or premium lifestyle projects, but works well for budget-driven, practical homebuyers.
