South Mumbai extends from Colaba in the south to Mahim and Sion in the north of the island. The area houses various prime upmarket residential neighbourhoods of Mumbai such as Pedder Road, Nepean Sea Road, Kemps Corner, Altamount Road, Carmichael Road, Breach Candy and Walkeshwar Road.

As the southern tip of the island is surrounded by water bodies on three sides the real estate development in this area is primarily vertical and not horizontal.

Construction of the Bandra-Worli sea link enhanced road connectivity between western suburbs and the southern parts of Mumbai. A further extension to the same, called as the Versova-Bandra Sea Link (VBSL) will extend the bridge from Bandra to Juhu and Versova.

The Mumbai Metro Rail line 3 or the Colaba-Bandra-SEEPZ line, when constructed will be the first underground metro line in Mumbai that intends to connect the Cuffe Parade business district of the city to SEEPZ in the north-central with 26 underground and one at-grade station.

Parel is an immensely important region of the city, being home to most of the corporate and government offices. The key highlight of these localities is its close proximity to the Eastern Freeway, that connects the parts of the Eastern Suburbs like Chembur to South Mumbai and makes commuting a whole lot simpler and faster. While this is a pricey locality to be living in, it has become a noteworthy feat to buy a home in these parts of the city. Let's take a look at the three projects that emerging to be real crowd-pullers in the region.

Luxury Apartments to Look Out For

#1. Crescent Bay

An apartment by L&T Realty located in Parel's Shivaji Nagar, Crescent Bay is ranked as the second most popular project in the Parel micro-market. The project offers 2, 3 and 4 BHK homes, at an average price of ₹55,471 per carpet sq. ft. This project is ideal for families who are looking for a home in a locality that is equally posh and well connected to other parts of the city, especially it's the southern part. Given the project's close proximity to the city's financial district and BKC, this is a choice location for homebuyers who want to avoid long city commutes. This project comes with a host of amenities that attract aspiring homebuyers to the luxurious lifestyle these residences promise.

#2. Lodha Primo

Lodha Primo, located in Parel's Aai-Mai Merwanji Street, is a project by the famed Lodha Group. The project houses 2 and 3 BHK homes starting from 3.1 crores. Given the project's location, it is fitting for residents who work in neighbouring office complexes in and around Lower Parel, Dadar, Mahalaxmi and further down south of the city. This project offers a bouquet of amenities for residents and pays special attention to sports and allied features, with an entire floor dedicated to a pool, and a top edge gymnasium.