location_on Mumbai
3, 4, and 5 BHK Luxury Apartments
Started From On Request*
Welcome to Tribeca Parel Mumbai is a future luxury residential development in the busy area of Parel of South Mumbai. This high-end project spreads over 2.5 acres of land with an array of 3, 4 and 5 BHK luxury residences developed by Tribeca Developers jointly with Tejucaya Group. The project has two towers, each consisting of a total of 50 floors. The project has more than 400 luxury units with carpet areas varying between about 860 sq. ft. to 1720 sq. ft.
The project is RERA-approved (RERA number: P51900032613) and is spread over 75% open space. Possession is scheduled by December 2028 and thus, it is a great option for one looking for a long-term investment or a home in the central location of Mumbai. The project has contemporary architecture, international-grade amenities and smooth connectivity to prime locations of Mumbai. With its prime location and world-class facilities offers a life of luxury and convenience.
Price Range: Prices for apartments in Tribeca Parel Mumbai differ depending on the particular development and the size of the apartment. For example, Tribeca Tower NBNA has 2 BHK apartments from Rs. 3.60 Cr for 800 sq.ft and a 3 BHK can cost up to Rs. 5.63 Cr for a bigger 1250 sq.ft apartment. In contrast, Tribeca The Edge offers flats from Rs. 3.60 Cr with different configurations such as 2, 3 and 4 BHK. The prices here are between Rs. 4 Cr and Rs. 6.1 Cr based on the size and configuration. The price range of apartments is between Rs. 3 crore to Rs. 6 crore based on the selected configuration and square area.
World Class Amenities: The provides a unique range of world-class luxurious facilities that enhance the lifestyle of the residents. There is a nicely planned swimming pool, a dynamic clubhouse for partying and celebration and a utility multipurpose hall ideal for festivals. Sports buffs can utilize the indoor and outdoor sports facilities while kids enjoy the safety of a play area. Convenient parking facilities and exclusive walking, jogging and cycling tracks encourage an active and environmentally friendly lifestyle. A serene meditation room also adds to the well-being and the Citizen Park and Play Garden offer elegantly landscaped areas for relaxation. These innovative designed amenities blend perfectly comfort and sophistication for an upscale lifestyle.
Unique Architectural Features: Tribeca Parel Mumbai showcases a fusion of modern design and Mumbai's heritage presenting a unique and sophisticated architectural view. The complex boasts large glass facades with sliding windows converting every room into a balcony-like area that opens up maximum city views. Its Vaastu-friendly homes are planned for maximum air circulation and harmony along with high-quality finishes like anti-skid marble floors. The homes feature large decks for wide views while the cutting-edge rooftop facilities such as an infinity pool, gym and zen garden create a tranquil haven. All these features together design a lavish living experience in South Mumbai.
Location Connectivity: It is located in Mumbai and provides great location connectivity as a residential hub. The project also enjoys proximity to Parel Railway Station and Eastern Express Highway which offers easy connectivity to other areas of Mumbai. The future metro connectivity will further make the region even more accessible by providing quicker avenues to business points like Bandra Kurla Complex (BKC), South Mumbai and Andheri. The easy proximity to corporate zones such as Kamala Mills and Nariman Point also makes it convenient for business working professionals. The Chhatrapati Shivaji International Airport is easily reachable by Eastern Express Highway also making the area easily commutable by residents.
Pricing and Appreciation: Tribeca Parel Mumbai has flats ranging from Rs. 3 crore to Rs. 6 crore for sale with sales likely to generate Rs. 1,800 crore. This is in line with the prevailing market trends in South Mumbai where high-end properties tend to appreciate a lot over time. As a comparison, projects like the Trump Towers in central Mumbai launched by the Lodha Group come at a premium price but provide exclusive branding and luxury facilities.
Location and Demand: This project falls in South Mumbai which has the reputation of being high-demand and low-supply for luxury houses. Its location along with being close to essential infrastructure and business centers increases its investment potential. Other such luxury developments such as Vivarea by Rahejas in Mahalaxmi and Parthenon in Andheri have advantageous locations but varying market forces.
Developer Reputation and Branding: Tribeca Developers has a reputation for its high-end projects such as Trump Towers that tend to command a premium in the market. This reputation can add to higher resale values ??and rental yields over non-branded projects. Other developers like the Lodha Group and Runwal Group also provide branded luxury projects in Mumbai that can equally affect investment potential in Tribeca Parel Mumbai.
inancing and Partnerships: The funding of the project by HDFC Capital and association with the Tezukaya Group will increase credibility and stability which could inject investor confidence and long-term returns. Such associations in other luxury projects too could increase their investment potential.
It is a luxury residential complex in Parel, South Mumbai developed by Tribeca Developers and Tejukaya Group.
The developments is situated near the Eastern Express Highway, Parel East, Mumbai.
Tribeca Parel Mumbai project area is around 2.5 acres.
There are more than 400 luxury homes.
The sale value of the entire Tribeca project is about Rs. 1,800 crore.
The budget range of the apartments in Tribeca Parel Mumbai ranges from Rs. 3 crore to Rs. 6 crore.
| Unit Type | SIZE (SQ.FT.) | Rate |
|---|---|---|
| 3 BHK | On Request | |
| 4 BHK | On Request | |
| 5 BHK | On Request |