₹ 75,000 /month

1 BHK Apartment for Rent in Neumec Elegance, Lower Parel

📍 Veer Santaji Lane, Off Ganpat Rao Kadam Marg, Opp. Peninsula Corporate Park, Lower Parel
📊 Avg 1 BHK rent in Lower Parel: ₹ 73,000
1 BHKConfiguration
500 sqftCarpet area
Semi-FurnishedFurnishing
1 OpenParking
₹ 2.25 LacDeposit
#9881548Property ID
08 Jul 2026Listed
08 Jul 2026Updated
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About this property

This 1 BHK apartment (semi-furnished) is available for rent in Neumec Elegance, Veer Santaji Lane, Off Ganpat Rao Kadam Marg, Opp. Peninsula Corporate Park, Lower Parel at ₹75,000/month. Carpet area is 500 sq ft.

Experience Lower Parel from Neumec Elegance: a 1 BHK home surrounded by Kamala Mills and Phoenix Palladium. Offered semi-furnished, it measures 500 sq.ft, with 1 Open parking included. Leasing at ₹75,000 with a deposit of ₹2.25 Lac — a smart pick for Lower Parel living.

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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