Promesa FremontPre-launch in Parel
📍 Dattaram Lad Marg, Chinchpokli, Parel · by Promesa Realty
Promesa Fremont is a pre-launch residential project by Promesa Realty at Dattaram Lad Marg, Chinchpokli, Parel. The configurations on record are 2, 3 & 4 BHK of 702, 828, 1,044 and 1,692 sq ft carpet. It has not launched sales; it is registered with MahaRERA in 1 phase (P51900055088). This page is Real Estate Mumbai's read on what it is worth against the homes you can buy or rent in Parel today.
Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995
About these comparisons
Comparisons use listing verification recorded within 90 days, exclude approximate carpet areas and collapse matching building/configuration/price/area records. Each reported configuration needs at least five observations. This does not certify availability; reconfirm the unit and measurement. Gross yield is omitted because the project price basis and date have not been independently matched.
What a flat in Promesa Fremont would rent for
Indicative monthly asking rents use at least five recent, comparable residential listing observations of the same BHK configuration in Parel. These are locality comparisons, not confirmed rents achieved in Promesa Fremont.
Estimated monthly asking rent: 2 BHK (702 sq ft carpet): ₹1.12 L, 2 BHK (828 sq ft carpet): ₹1.32 L and 3 BHK (1,044 sq ft carpet): ₹1.7 L.
| Configuration | Carpet | Parel rent today | Estimated rent |
|---|---|---|---|
| 2 BHK | 702 sq ft | ₹160/sq ft/mo (125 observations) | ≈ ₹1.12 L/mo |
| 2 BHK | 828 sq ft | ₹160/sq ft/mo (125 observations) | ≈ ₹1.32 L/mo |
| 3 BHK | 1,044 sq ft | ₹163/sq ft/mo (94 observations) | ≈ ₹1.7 L/mo |
| 4 BHK | 1,692 sq ft | ₹230/sq ft/mo (15 observations) | ≈ ₹3.89 L/mo |
Estimate = carpet area × the live median rent per sq ft for that configuration in Parel on Real Estate Mumbai. Indicative locality comparison; reconfirm property-specific terms.
The resale market Promesa Fremont competes with
125 recent 2 BHK residential asking-price observations in Parel: median ₹3.9 Cr, or ₹46,824 per sq ft of carpet. The middle half asks ₹42,714–₹52,222 per sq ft. These are listing observations, not unique homes or registered transactions.
Where Parel prices are moving
Real Estate Mumbai's Parel price index reads 91.8 for Oct 2026 (base 100), a median asking ₹47,289 per sq ft across 458 listings, down 4.6% on the month. By configuration: 1 BHK ₹40,476, 2 BHK ₹48,000, 3 BHK ₹45,283, 4 BHK+ ₹55,396 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Oct 2026 | ₹47,289 | 91.8 | -4.6% | 458 |
| Sep 2026 | ₹49,584 | 96.3 | -1.5% | 408 |
| Aug 2026 | ₹50,323 | 97.7 | -2.3% | 322 |
| Jul 2026 | ₹51,513 | 100.0 | — | 382 |
Real Estate Mumbai price index, computed monthly from live asking prices in Parel (base 100). Asking, not registered, prices.
Promesa Fremont on MahaRERA — what to check before you book
Promesa Fremont is registered. The registry is the only document that binds the developer on possession dates, carpet areas and what is built; read it before any token.
| Phase | MahaRERA no. | Towers · floors | Units | Possession declared | Registered |
|---|---|---|---|---|---|
| Promesa Fremont | P51900055088 | PROMESA FREMONT, Sale Wing A · 56 fl | 333 | — | Feb 2024 |
Registry link opens the MahaRERA record. Possession dates on the registry can be revised by the developer under the Act; we refresh this table as the record changes.
Property listings in Parel
Listed resale and rental options. Reconfirm availability before arranging a viewing. 2, BHK and larger first.
About Promesa Fremont
Promesa Fremont is an upcoming luxury residential development by Promesa Realty at Dattaram Lad Marg, Lalbaug, Mumbai. Planned as a 60-storey tower on approximately 1.64 acres, the project offers spacious 2, 3 and 4 BHK residences with carpet areas ranging from 702 sq.ft. to 1,872 sq.ft. The residences are planned with approximately 11-ft internal heights, spacious sundecks and sweeping views towards the Mumbai skyline and Mahalaxmi Racecourse. The development is also proposed to feature premium lifestyle amenities including an infinity swimming pool and a Jain Temple within the premises. Located in the Lalbaug-Chinchpokli belt, Fremont offers a central Mumbai address with access to key business and lifestyle destinations.
Amenities
Next steps — clarity before you step out
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Promesa Fremont — the questions investors ask
What rent can a flat in Promesa Fremont earn?
What are comparable resale asking prices in Parel?
Are prices in Parel rising?
Should I book Promesa Fremont at pre-launch or buy a ready flat in Parel?
Is Promesa Fremont MahaRERA registered?
What can I buy in Parel today instead?
How do I get the price list or a site visit for Promesa Fremont?
Who is the builder of Promesa Fremont?
Rents, resale prices and the price index on this page are computed from live listings on Real Estate Mumbai and refresh automatically; project facts are as declared to MahaRERA or recorded by our team (updated 22 Aug 2026). Indicative, not an offer; verify with the developer and on MahaRERA before deciding. Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995.
Get details on Promesa Fremont
Dattaram Lad Marg, Chinchpokli, Parel · Promesa Realty
