Parsi Colony Dadar East Mumbai

In South Mumbai's heart, Parsi Colony is a vibrant residential enclave renowned for its rich history and tight-knit community. It is situated near Dadar and Matunga and falls under the 400014 pin code area. It is surrounded by other popular localities such as Worli, Prabhadevi, Mahalaxmi, Parel, and Currey Road.

Parsi Colony Mumbai was established in the mid-1890s after the bubonic plague tore through Bombay, as Mumbai was then known, claiming thousands of lives. Over the years, the colony has evolved from a quaint residential area to a charming blend of old-world charm and modern amenities. The architecture reflects a mix of colonial and Parsi aesthetics, serving as a testament to its historical significance.

Parsi Colony in Mumbai is like a small world with many different cultures. Most people here are Parsis, but others from different backgrounds also reside here. People here are like a big family and do many things together, like parties, religious ceremonies, and community events. They really value their Parsi traditions, and you can see this in their beautiful fire temples and how they keep their old customs. The place is calm and peaceful, with many open spaces and plants. It's a nice mix of old and new ways of living.

Physical Infrastructure of parsi colony

Parsi Colony is set to witness significant infrastructural developments. It is close to two metro corridors under construction. These include the Dahisar-DN Nagar Metro-2A corridor and the Dahisar East-Andheri East Metro-7 corridor. Parsi Colony is well-connected to major parts of the city by The Eastern Express Highway (NH-3), The Western Express Highway (NH-48) and The Link Road. 

Several flyovers and expressways are also in the pipeline to enhance intra-city travel. Banking facilities are well-distributed in the vicinity, ensuring convenient financial access. The presence of local police stations and fire stations underscores safety measures. These ongoing and upcoming developments collectively reflect a concerted effort to enhance the physical infrastructure, connectivity, and safety of Parsi Colony and its surroundings in Mumbai.

Social and Retail Infrastructure of parsi colony

The social and retail facilities are thriving within the Parsi Colony. The area has several prominent schools like The Dadar Parsee Youths Assembly High School and Masoom School, providing quality education to students. These schools offer various boards and curriculum, such as State Board, CBSE, ICSE, IB, and IGCSE. 

Renowned hospitals like Rohinton J Tarapour Polyclinic and Dr. Khandeparkar's Hospital ensure healthcare accessibility. Residents can shop at popular malls like President Opticals. Ongoing projects are set to enhance these facilities, promising an enriched living experience for the community. This dynamic blend of education, healthcare, and retail options contributes to Parsi Colony's residents' overall well-being and convenience.

Real Estate Market Trends and Rental Demand in Parsi Colony

Parsi Colony has a good real estate market trend and rental demand, as it offers unique and comfortable housing options in a prime location. The property rates in Parsi Colony have risen by 10.43% in the last year. The starting price of properties in Parsi Colony is ₹15,833 per sqft, and the average price in Parsi Colony is ₹31,924 per sqft. The most expensive property in Parsi Colony is ₹52,857 per sqft. And the rent for a 2 BHK flat in Parsi Colony is ₹50,000 per month, while the rent for a 1 BHK flat is ₹27,000 per month. 

The influx of new developments like metro lines, highways, and flyovers has heightened the area's desirability, increasing buyers' demand. Simultaneously, the rental demand has surged, favouring both tenants and landlords. 

Top Employment Hubs in or near Parsi Colony

Parsi Colony in Mumbai boasts proximity to several prominent employment hubs, contributing to its desirability among residents. Within a short distance, residents have access to various thriving job centres, enhancing the area's livability and convenience. Some of the top employment hubs nearby include: 

• Globalworth Securities Limited - 10 kms
• IT Solutions - 0.3 km
• EvoGreen Solutions - 0.6 km
• AaO Technologies Pvt Ltd - 0.8 km

What are some popular Sub-Localities in Parsi Colony

There are several popular sub-localities and colonies near Parsi Colony that offer diverse living experiences and amenities. Some of these sought-after areas include:

• Western Express Highway
• Professor N S Phadke Road
• Salsette Parsi Colony
• Jijamata Road
• Rajmata Jijabai Marg
• Swami Vivekanand Road
• Teli Gali

Things to do in Parsi Colony

Within a 10-12 km radius of Parsi Colony in Mumbai, residents and visitors have many engaging activities and attractions to explore. Among the top things to do are:

Shopping

Experience the vibrant street shopping scene in markets, or explore various options in modern malls like President Opticals.

Nightlife 

Enjoy the vibrant nightlife of Mumbai by visiting pubs, bars, and clubs in areas like Lower Parel, Bandra, and Worli Sea Face.

Cuisine 

Indulge in a culinary journey through various cuisines at local restaurants and cafes. You can visit Dadar Parsi Youths Assembly Snacks Centre (Perviz Hall) and Charcoal Eats.

Places of Worship

Delve into the serenity of places of worship like The Sherman, where spiritual seekers can find solace and tranquillity amidst its awe-inspiring architecture and reverent atmosphere.

What is Good about Parsi Colony

• Connectivity: The city boasts superb transportation connections, including upcoming metro lines and key highways, ensuring effortless travel within the urban area.
• Employment Hubs: Close proximity to significant job hubs provides convenient employment prospects.
• Education: Families looking for top-notch education can benefit from nearby, reputable schools and colleges.

• Historical Richness: Parsi Colony in Mumbai carries historical importance as an early planned settlement, showcasing a harmonious blend of cultural heritage and modern elements.
• Artistic Enclaves: A hub for local artists and creative minds, Parsi Colony adds a distinctive artistic atmosphere to the vicinity.

What’s not Good about Parsi Colony

• Traffic Congestion: Despite upgraded infrastructure, peak hour congestion remains a persistent challenge, impacting efficient traffic flow.
• Air Pollution: Mumbai's pollution levels have a direct and adverse effect on the local air quality, posing serious health and environmental concerns for its residents. Efforts to mitigate this issue are essential for a sustainable urban environment.
• Noise: The vibrant urban environment can occasionally result in heightened noise levels within specific locales.
• Real Estate Prices: The ongoing upward trajectory of property prices could potentially render homeownership less attainable for certain prospective purchasers.
• Public Facilities: The pressing issue of improved waste management and accessible public facilities continues to be a subject of significant concern within the community.