Mumbai is witnessing the transformation of one of its most recognisable industrial landmarks. The historic Parle-G factory in Vile Parle East, operational since 1929 and synonymous with India’s most loved biscuit, is officially set to make way for a large-scale commercial redevelopment.

The Maharashtra State Environment Impact Assessment Authority (SEIAA) has granted partial environmental clearance to Parle Products for the demolition and redevelopment of the site. This approval allows the company to demolish 21 existing factory structures, clearing the ground for future construction.

Parle Products had submitted its redevelopment proposal to the Municipal Corporation of Greater Mumbai (MCGM) in 2025, followed by environmental permissions required to initiate work.

The redevelopment is planned on a 13.45-acre land parcel, an exceptionally large holding for Vile Parle East, positioning it among the most significant commercial developments in Mumbai’s suburban belt.

Key highlights of the proposed plan include:

Around 1.9 lakh sq m of total built-up area
Four main commercial buildings with two basement levels each
Two dedicated parking towers
Office spaces, retail outlets, restaurants, cafés, and food courts
Landscaped internal circulation areas

The project is being designed as a modern commercial campus.

Market and Locality Impact

Urban redevelopment of legacy industrial land often acts as a catalyst for surrounding real estate. Analysts expect the project to:

Strengthen Vile Parle East’s positioning as a commercial hub
Improve rental demand and land values in nearby micro-markets
Trigger infrastructure upgrades and better civic amenities