Parel, Mumbai
Sobha Inizio
₹4.55 Cr onwards (all-inclusive)
- Homes
- 2, 3 BHK · 847 to 1,224 sq ft
- Campus
- 310 homes
- Possession
- December 2030 (expected)
RERA: MahaRERA PR1170002501523
New launch
Sobha Parel
New launch SOBHA project at Parel, Mumbai, with 2, 3 BHK homes of 847 to 1,224 sq ft, priced ₹4.55 Cr onwards. 310 homes on 1.038 acres, possession December 2030 (expected).
₹4.55 Cr onwards847 to 1,224 sq ft
310 homes1.038 acres
December 2030 (expected)Possession
Sobha Parel: project overview
Parel, Mumbai · Apartments · New launch · Updated 24 October 2026
SOBHA's project in Parel is Inizio, a 310-home tower that marks the developer's entry into Mumbai. This page looks at Parel as a place to buy a SOBHA home: why the neighbourhood commands a premium, how Inizio's compact 2 and 3 BHK homes compare with other Parel launches, and what all-inclusive pricing means.
Parel has changed from mill land into one of Mumbai's most connected residential districts, with Lower Parel's offices next door, the Eastern Freeway and Atal Setu close by, and some of India's best hospitals in the neighbourhood.
In short: Sobha Parel offers 2, 3 BHK of 847 to 1,224 sq ft, priced ₹4.55 Cr onwards, on 1.038 acres with 310 homes. It is at the new launch stage, with possession December 2030 (expected), and its amenities centre on sky clubhouse.
Sobha Parel is a new launch. Its RERA registration is in place and the first towers or phases are on sale at launch pricing. This is usually the stage with the widest choice of floors, facings and views. Prices in a new launch are typically revised upward as each phase sells, so the earliest buyers tend to get the lowest rate.
LocationParel, Mumbai
StatusNew launch
TypeApartments
Price₹4.55 Cr onwards
Land1.038 acres
Homes310 homes
StructureSuper high-rise
PossessionDecember 2030 (expected)
Sobha Parel price list, sizes and configurations
Home types, areas and indicative prices.
| Configuration | Size | Price |
|---|---|---|
| 2 BHK | from 847 sq ft | ₹4.55 Cr onwards |
| 3 BHK | up to 1,224 sq ft | on request |
Prices are indicative as of 24 October 2026 and exclude taxes, stamp duty, registration, parking and other charges. They vary by floor, facing and view. Ask for a written unit-wise quote.
₹53,719Indicative rate per sq ft at the entry price (2 BHK)
₹315,888Monthly EMI on an 80% loan of ₹3.64 Cr at 8.5% for 20 years
₹31.9 LApproximate stamp duty and registration at ~7% of the entry price
These are illustrations based on the starting price, not quotes. Your actual rate, loan eligibility and government charges depend on the unit, your bank and the state.
What to ask for before you book
- A written, unit-wise cost sheet for Sobha Parel with base price, floor-rise or PLC, parking, club membership, maintenance deposit, taxes and registration.
- The RERA carpet area for the exact unit, not just the super built-up area. Carpet area is the fairest number to compare across projects.
- The payment schedule and the milestones that trigger each instalment, plus any offers on the payment plan.
- The registered completion date for your specific tower or wing and the delay-penalty clause in the agreement.
Planning your budget
Beyond the home price, set aside roughly 6-8% of the agreement value for stamp duty and registration (rates vary by state and buyer category), GST of 5% on under-construction homes where applicable, and one-time charges for club membership, maintenance deposit and utility connections. Most banks lend up to 75-80% of the property value, so plan the balance from your own funds. Make sure both your EMI and the construction-linked instalments fit comfortably before you sign.
Who Sobha Parel is best for
A quick way to tell whether this project fits your plans.
Luxury and upgrade buyers
Large-format homes for senior professionals, business owners and NRIs who want a top-tier address.
Working professionals
Close to the jobs in and around Mumbai, so the commute stays manageable.
Early investors
Launch-phase and pre-launch buyers usually get the best price and the widest choice of floors and facings.
Amenities at Sobha Parel
Sky clubhouse
Highlights
- Terrace pool
- Sky lounge and observation deck
- Gym
- Pickleball court
- Activity lawn
- Boardwalk
Everyday essentials
- Gated entry with 24/7 security and CCTV
- Power backup for common areas and lifts
- Rainwater harvesting and water treatment
- Visitor parking and drop-off zones
Amenity lists describe the finished project. Ask which facilities will be ready at handover and which follow in later phases, and check the monthly maintenance charge that will pay for them.
Sobha Parel location and connectivity
Parel, Mumbai
Parel is in the heart of Mumbai's island city, between Lower Parel's office and retail district and the eastern suburbs. It has excellent rail and road connectivity (Western and Central lines, Eastern Freeway, Atal Setu via Sewri) and is surrounded by top hospitals such as KEM and Tata Memorial. New launches here are high-rises on redevelopment land with sea and city views.
SOBHA entered Mumbai with Inizio at Parel, a high-rise in the island city's central business belt. Its Mumbai plans focus on redevelopment and joint-development sites in established neighbourhoods such as Parel, Sewri, Powai, Chandivali and Juhu, where land is scarce and compact, well-planned homes command some of India's highest prices per sq ft.
| Destination | Distance / time |
|---|---|
| Parel station | short drive |
| Lower Parel | short drive |
| Atal Setu | about 10 min |
| BKC | 20-25 min |
Approximate, and dependent on traffic. Drive the route at your usual commute hour before deciding.
Investment potential of Sobha Parel
What supports demand here, and what to keep in mind.
Central Mumbai address, SOBHA build quality in Mumbai and sky amenities are the main reasons buyers shortlist Sobha Parel. On the other side of the ledger, high price per sq ft and compact homes are the points to weigh.
For apartments, resale value depends on the micro-location, the size of the community (more homes means more resale competition), and the quality of construction and maintenance over time, which is where SOBHA usually scores well. Rental demand follows jobs, so check the distance to the nearest major employment hub at peak hours.
A few rules apply to every purchase: compare the effective price per sq ft of carpet area across your shortlist, check the developer's delivery record on similar projects in the same city, and model returns with conservative appreciation and realistic rent. This is general information, not financial advice.
Why buyers shortlist Sobha Parel, and what to weigh
A balanced view to take into your site visit.
Reasons buyers consider it
- Central Mumbai address
- SOBHA build quality in Mumbai
- Sky amenities
- Strong rental demand
Points to weigh before booking
- High price per sq ft
- Compact homes
- Dense surroundings
- Possession 2030
Design and specifications
How the homes are planned, and what to check on your visit.
Planning highlights
- SOBHA in-house construction, finishing and quality control
- Vitrified or engineered flooring in living areas (confirm per spec sheet)
- Kitchen with utility area; wet and dry bathroom zones in most plans
- Balconies off the living room and master bedroom
On your site visit
- Walk through the model home and note standard vs upgrade finishes
- Ask for the specification annexure that will be part of your agreement
- Check sun path, view and noise for your exact floor and facing
- Confirm the maintenance charge per sq ft and when it starts
About the developer: SOBHA Limited
SOBHA Limited was founded in Bengaluru in 1995 by PNC Menon and is listed on the NSE and BSE. It is known for an unusual degree of backward integration: it runs its own design studio, concrete, glazing, interiors and metal-works factories, and employs its own construction workforce instead of relying mainly on contractors. That control over materials and workmanship is the main reason SOBHA homes carry a price premium over many peers and tend to hold value on resale.
SOBHA has completed close to 600 projects and well over 150 million sq ft across residential, commercial and contractual work, has a presence in 28 cities across 14 states, and has received more than 270 awards. Its residential business spans Bengaluru, Gurugram, Noida and Greater Noida, Mumbai, Pune, Chennai, Hyderabad, GIFT City and several Kerala cities. Sobha Parel is part of the developer's current pipeline in Mumbai.
1995Founded in Bengaluru
~600Projects completed
150M+ sq ftArea delivered
28 citiesAcross 14 states
Sobha Parel gallery
A look at the project. Ask for the latest renders and site photographs.
How booking works
The usual path from first enquiry to registration for Sobha Parel.
Enquire and shortlist
Share your budget and configuration. You'll get the current price sheet and availability for Sobha Parel.
Visit the site
Tour the sales gallery and model home, and check the location at your commute hour.
Book and sign
Pay the booking amount to the developer, receive the allotment letter and sign the agreement for sale.
Pay and register
Pay instalments as per the schedule, then complete stamp duty and registration at handover.
Pay booking and instalment amounts only by cheque, DD or bank transfer into the project's designated account in the developer's name, and keep the official receipt for every payment. Never pay an individual directly.
RERA registration and legal checks
Sobha Parel is registered with MahaRERA: MahaRERA PR1170002501523. Search this on the official MahaRERA website to confirm the promoter name, sanctioned plan, number of units registered and declared completion date before you pay anything. RERA also requires developers to keep 70% of buyer collections in a separate project account, to state carpet area, and to compensate buyers for delays.
Documents worth asking for
- RERA registration certificate and the approved building plan
- Title documents and encumbrance certificate for the land
- Commencement certificate and environmental clearance where applicable
- Draft agreement for sale and the specification annexure
- List of banks that have approved the project for home loans
Prices, dates and specifications are indicative and subject to change. Please confirm the latest details before booking. See Disclaimer.
Similar SOBHA projects to compare
If Sobha Parel doesn't fit your budget or timeline, these are worth a look.
Sewri, Mumbai
Sobha Sewri
On request
- Homes
- 2, 3, 4 BHK · At launch
- Campus
- To be announced
- Possession
- To be announced
RERA: To be shared at launch
Powai, Mumbai
Sobha Powai
On request
- Homes
- 2, 3 BHK · At launch
- Campus
- To be announced
- Possession
- December 2028 (indicative)
RERA: Awaited
Chandivali, Andheri East
Sobha Chandivali
₹2.70 Cr onwards (2 BHK)
- Homes
- 2, 3, 4 BHK · 750 to 1,700 sq ft
- Campus
- To be announced
- Possession
- December 2030 (expected)
RERA: Awaited
Juhu, Mumbai
Sobha Juhu
On request
- Homes
- 2, 3, 4 BHK · At launch
- Campus
- To be announced
- Possession
- December 2030 (expected)
RERA: Awaited
Sobha Parel: FAQs
Where is Sobha Parel located?
Sobha Parel is at Parel, Mumbai. Parel is in the heart of Mumbai's island city, between Lower Parel's office and retail district and the eastern suburbs.
What is the price of Sobha Parel?
Sobha Parel is priced ₹4.55 Cr onwards. Prices exclude GST (where applicable), stamp duty, registration and other charges, and vary by floor, facing and view.
What configurations are available at Sobha Parel?
2 BHK: from 847 sq ft; 3 BHK: up to 1,224 sq ft.
What is the size range at Sobha Parel?
847 to 1,224 sq ft.
What is the RERA number of Sobha Parel?
MahaRERA PR1170002501523. Verify it on the MahaRERA website before paying.
When is possession at Sobha Parel?
December 2030 (expected).
How big is Sobha Parel?
Land: 1.038 acres. Homes: 310 homes. Structure: Super high-rise.
What amenities does Sobha Parel offer?
Sky clubhouse, plus terrace pool, sky lounge and observation deck, gym, pickleball court, activity lawn.
What is nearby Sobha Parel?
Parel station (short drive); Lower Parel (short drive); Atal Setu (about 10 min); BKC (20-25 min).
Is Sobha Parel a good investment?
It depends on your horizon. Central Mumbai address and SOBHA build quality in Mumbai support demand, while high price per sq ft is the main trade-off. Compare carpet-area prices with nearby projects before you decide.
What is the EMI for Sobha Parel?
On an 80% loan against the entry price at 8.5% for 20 years, the EMI would be about ₹315,888 per month.
How do I get the Sobha Parel price list and floor plans?
Use the enquiry form on this page. We'll send the current price sheet, floor plans and payment plan, and arrange a site visit.
Ask about Sobha Parel
Tell us the configuration, your budget and when you'd like to move in. We'll reply with availability, the price sheet and a visit slot.