For Sale
Neumec Elegance — Lower Parel (1)
₹ 2.2 Cr

1 BHK for Sale in Neumec Elegance, Lower Parel | 500 sq ft

📍 Veer Santaji Lane, Off Ganpat Rao Kadam Marg, Opp. Peninsula Corporate Park, Lower Parel
📊 Avg 1 BHK sale in Lower Parel: ₹ 2.34 Cr (17 similar)
1 BHKConfiguration
500 sqftCarpet area
₹ 44,000/sqftPrice per sq ft (carpet)
Lower FloorFloor
Fully FurnishedFurnishing
1 Car ParkParking
#9940577Property ID
16 hours agoListed
13 Aug 2026Updated
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About this property

This 1 BHK apartment (fully furnished) is available for sale in Neumec Elegance, Veer Santaji Lane, Off Ganpat Rao Kadam Marg, Opp. Peninsula Corporate Park, Lower Parel at ₹2.2 Cr. Carpet area is 500 sq ft. Located on floor Lower Floor. That works out to about ₹44,000 per sq ft on carpet area. Details last verified on 13 Aug 2026.

Positioned in sought-after Lower Parel, Neumec Elegance offers a 1 BHK home near monorail and upcoming metro links. The fully furnished layout spans 500 sq.ft, and 1 Car Park parking on offer. Priced at ₹2.20 Cr, this is a rare Lower Parel opportunity; enquire today.

About Neumec Elegance

Neumec Elegance is a residential development in Lower Parel, Mumbai, rising 18 storeys. Lower Parel is a well-established locality in Mumbai with good connectivity and social infrastructure. Available configurations include 1 BHK, 5 BHK. Rental rates from ₹90,000 to ₹90,000 per month. Average resale value around ₹2.5 Cr. 3 properties listed with Real Estate Mumbai. The building is well-suited for families seeking good schools and open spaces, budget-conscious homebuyers and investors. Parking includes open. Real Estate Mumbai has been assisting buyers, tenants and investors at Neumec Elegance since 1993 — with verified listings, expert advisory, and end-to-end support for the Lower Parel property market.

About Lower Parel

Lower Parel is Mumbai's most dynamic live-work-play destination. Once an industrial mill district, it has transformed into a hub of premium office towers (Kamala Mills, Peninsula Business Park, One Indiabulls Centre), luxury malls (High Street Phoenix, Palladium), and fine dining. Excellent connectivity via the Western Railway and Eastern Freeway makes it popular with corporate professionals. New residential towers here command premium rents and resale values.

📊 Property rates in Lower Parel

Apartments — buy₹60,000–105,000/sqft
1 BHK — rent₹65,000–1.4 Lac/mo
2 BHK — rent₹1.65 Lac–2.75 Lac/mo
3 BHK — rent₹3.3 Lac–6.6 Lac/mo
Commercial — lease₹330–660/sqft
See all Mumbai property rates →
Updated May 2026 · Real Estate Mumbai research

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