My biggest concern is how you maintain directional control in a power loss scenario.
Here is a video of a Mi-26T performing an autorotation: https://www.youtube.com/watch?v=O27T07bIQB8
That beast can fit 90 troops or 20t cargo. Autorotation can scale to large helicopters.
A parachute on this system is a lot of extra mass to compensate for a problem solved when the Wright brothers were around.