Royal Residency

📍 Nr, Lalbaugcha Raja, Parel
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About Royal Residency

Royal Residency Parel is a residential complex located in the Parel area of Mumbai, India. The complex offers luxurious apartments and modern amenities such as a swimming pool, gymnasium, landscaped gardens, and 24-hour security. Parel is a well-connected neighborhood in Mumbai, with easy access to major transportation hubs, educational institutions, healthcare facilities, and shopping destinations. It's a popular area among working professionals and families, as it offers a convenient and comfortable lifestyle.

About Parel

Parel is an emerging South Mumbai suburb near the heritage mill lands, close to Lower Parel, BKC, and the domestic airport. Real Estate Mumbai has been listing verified properties in Parel since 1993, offering expert guidance to buyers, tenants, NRIs, and investors across the area's residential and commercial property market.

📊 Property rates in Parel

Apartments — buy₹50,000–100,000/sqft
1 BHK — rent₹55,000–1 Lac/mo
2 BHK — rent₹1 Lac–2.2 Lac/mo
3 BHK — rent₹2.2 Lac–4.4 Lac/mo
Commercial — lease₹130–290/sqft
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Updated May 2026 · Real Estate Mumbai research

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