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  Lower Parel is a residential neighbourhood located to the South-West of Mumbai, Maharashtra. It is a part of the original seven islands of Mumbai and houses one of the most famous five star hotels of the city, ITC Grand Central. The area was originally covered with a number of cotton mills but now that space is dominated by luxury skyscrapers, elite pubs and restaurants and major offices. Lower Parel offers smooth connectivity with other parts of Mumbai via road and rail. It is located within proximity to important roads like the N M Joshi Marg, Lower Parel Bridge, Elphinstone Flyover, Gokhale Road and Annie Besant Road. The Lower Parel Railway Station is a station on the Mumbai Suburban Railway Network. The area is also served by BEST Buses and the stops close to Lower Parel are N M Joshi Marg (0.75 km), Dawn Mill (0.45 km) and Lalbaug (1.1 km). Fulfilling every single need of its residents from transports to amenities, facilities and infrastructure, Lower Parel is emerging as a real estate hotspot in the city of Mumbai. Several prestigious builders have shown interest in this locality including Indiabulls, Rohan Lifescapes, Neumec Group, Darshan Properties, Rupji Constructions, Orbit Corporation, JP Infra and Sumer Group. Notable projects in the area include Unity Tower by JP Infra, Terraces by Orbit Corporations, Amber by Rohan Lifescapes, Affinity Heights by Neumec Group and Sky Forest by Indiabulls Unit sizes of apartments in the area range from 510 sq. ft. to 6500 sq. ft. The average property price in Lower Parelranges from Rs. 24, 517 per sq. ft. with the minimum and maximum property price being Rs. 20, 000 per sq. ft. and Rs. 35000 per sq. ft., respectively.