For Rent
1 BHK Flats on Rent in Lower Parel
For Rent
For Rent
For Rent
For Rent
For Rent
Lower Parel flats for rent โ price guide
There are 7 verified flats for rent in Lower Parel on Real Estate Mumbai, updated daily with real photos, carpet area, prices and RERA details. Typical rent prices by configuration:
| Configuration | Listings | Typical range/mo | Median/mo |
|---|---|---|---|
| 1 BHK | 7 | โน 55,000 โ โน 75,000/mo | โน 62,000/mo |
| 2 BHK | 63 | โน 1.11 Lac โ โน 2.5 Lac/mo | โน 1.5 Lac/mo |
| 3 BHK | 124 | โน 2.83 Lac โ โน 5.5 Lac/mo | โน 4 Lac/mo |
| 4 BHK | 85 | โน 4.27 Lac โ โน 7 Lac/mo | โน 6 Lac/mo |
| 5 BHK | 23 | โน 6.8 Lac โ โน 15.8 Lac/mo | โน 8 Lac/mo |
Ranges show the typical 10thโ90th percentile of current listings; median is the mid-point. Outliers excluded.
๐ Property rates in Lower Parel
๐ฐ News about Lower Parel
About flats on rent in Lower Parel
Lower Parel is the story of Mumbai's most dramatic urban transformation โ from a textile mill district that once employed hundreds of thousands of workers, to the city's most dynamic live-work-play destination. Today, the area is home to India's finest luxury mall (Palladium), major corporate headquarters (One Indiabulls Centre, Peninsula Business Park, Kamala Mills), and a thriving restaurant and nightlife scene that draws Mumbai's young professionals every evening.
The neighbourhood is exceptionally well-connected โ Elphinstone Road and Lower Parel Western Railway stations are within walking distance, and the Eastern Freeway provides direct access to BKC and South Mumbai. The upcoming Metro Line 3 will add yet another layer of connectivity. Corporate demand for Grade-A offices here is consistently among the highest in Mumbai, which in turn drives strong year-round demand for residential rentals.
Residential supply consists mainly of premium 2 to 4 BHK apartments in new high-rise towers by developers like Lodha, Indiabulls, and Peninsula Land. Rental rates command a premium given the walkability to offices. Real Estate Mumbai has been a trusted advisor in the Lower Parel market since 1993, helping corporates, NRIs, and investors navigate one of Mumbai's most active property micro-markets.





