Sobha Inizio Under Construction in Parel
As of 2 Nov 2026, Sobha Inizio in Near L&T Crescent Bay, Bhoiwada, Parel by Sobha Ltd is an under-construction 2 & 3 BHK residential project at ₹53,129/sq ft, MahaRERA possession Jul 2034. Ready resale 2 BHK flats in Parel ask a median ₹48,508 per sq ft carpet.
Full project details, floor plans and MahaRERA on Mumbai Property Exchange →
📍 Near L&T Crescent Bay, Bhoiwada, Parel · by Sobha Ltd
Sobha Inizio is a under construction residential project by Sobha Ltd at Near L&T Crescent Bay, Bhoiwada, Parel. The configurations on record are 2 & 3 BHK, about 800–1,300 sq ft carpet. Project facts and property enquiries for Sobha Inizio, Parel. Recorded developer status is separate from resale and rental availability; reconfirm each listing.
Mumbai Property Exchange (MahaRERA agent A51800043517) · Real Estate Mumbai · since 1995
Sobha Inizio: price, rent, infrastructure and growth
| Measure | Figure | What it means |
|---|---|---|
| Project pricing | ₹53,129 /sq ft · ₹4.5 Cr – ₹6.5 Cr | Developer rate on record. Confirm the carpet basis and current price list. |
| Parel micro-market rate | ₹49,225 /sq ft | Resale median across 138 live Parel listings; middle half ₹43,546–₹56,322. This project asks 8% more than resale. |
| Rent potential | ₹161 /sq ft a month · 2 BHK ≈ ₹1.3 L/mo | Median asking rent in Parel, 121 live listings. At the project rate that is about 3.6% gross a year before costs. |
| Scope of capital appreciation | Good | Because of: priced close to (or below) ready resale; rental yield around 3.6%. Our reading of the figures above, not a forecast or advice. Speak to our team before you invest. |
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 Sobha Inizio 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 Sobha Inizio.
Estimated monthly asking rent: 2 BHK: ₹1.3 L, 3 BHK: ₹1.58 L and 3 BHK: ₹1.9 L.
| Configuration | Carpet | Parel rent today | Estimated rent |
|---|---|---|---|
| 2 BHK | Members | ₹153/sq ft/mo (49 observations) | ≈ ₹1.3 L/mo |
| 3 BHK | Members | ₹155/sq ft/mo (45 observations) | ≈ ₹1.58 L/mo |
| 3 BHK | Members | ₹155/sq ft/mo (45 observations) | ≈ ₹1.9 L/mo |
Estimate = carpet area (members see it) × 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 Sobha Inizio competes with
36 recent 2 BHK residential asking-price observations in Parel: median ₹3.8 Cr, or ₹48,508 per sq ft of carpet. The middle half asks ₹44,077–₹53,135 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 97.1 for Nov 2026 (base 100), a median asking ₹50,011 per sq ft across 391 listings, up 0.1% on the month. By configuration: 1 BHK ₹40,476, 2 BHK ₹48,778, 3 BHK ₹46,362, 4 BHK+ ₹64,428 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Nov 2026 | ₹50,011 | 97.1 | +0.1% | 391 |
| Oct 2026 | ₹49,966 | 97.0 | +0.8% | 396 |
| 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.
Sobha Inizio on MahaRERA — what to check before you book
Sobha Inizio 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 |
|---|---|---|---|---|---|
| Sobha Inizio | PR1170002501523 | SALE BUILDING NO.2 · 68 fl | 312 | Jul 2034 | Nov 2025 |
MahaRERA agent: Mumbai Property Exchange, registration no. A51800043517 (operator of Real Estate Mumbai).
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.
Everything we do in Parel
Homes to rent and buy, new projects under construction, and offices to lease or buy — one Real Estate Mumbai team for all of it.
We handle offices to lease in Parel too — tell us what you need and our team will share current options.
We handle offices to buy in Parel too — tell us what you need and our team will share current options.
Property listings in Parel
Listed resale and rental options. Reconfirm availability before arranging a viewing. 2 BHK and larger first.
About Sobha Inizio
Sobha Inizio is a residential project located in Parel, Near L&T Crescent Bay, Bhoiwada. Currently under construction. The development comprises 54 floors. RERA registered (PR1170002501523).
Amenities
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Sobha Inizio against the ready homes above, for your budget.
Sobha Inizio — the questions investors ask
What is the price of Sobha Inizio, Parel?
What rent can a flat in Sobha Inizio earn?
What are comparable resale asking prices in Parel?
Are prices in Parel rising?
Is Sobha Inizio MahaRERA registered?
What can I buy in Parel today instead?
How do I get the price list or a site visit for Sobha Inizio?
Who is the builder of Sobha Inizio?
What is the possession status of Sobha Inizio?
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 08 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 Sobha Inizio
Near L&T Crescent Bay, Bhoiwada, Parel · Sobha Ltd