₹ 3.5 Cr

2 BHK Apartment for Sale in Rishabh Tower, Parel

📍 Lalbagh, Parel
📊 Avg 2 BHK sale in Parel: ₹ 3.87 Cr
2 BHKConfiguration
750 sqftCarpet area
UnfurnishedFurnishing
1 carParking
#9864407Property ID
19 Jun 2026Listed
20 Jun 2026Updated
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About this property

This 2 BHK apartment (unfurnished) is available for sale in Rishabh Tower, Lalbagh, Parel at ₹35,000,000. Carpet area is 750 sq ft.

Set in Rishabh Tower, this 2 BHK home in Parel offers Phoenix and Kamala Mills nearby. Expect an unfurnished interior across 750 sq.ft, complete with 1 car parking. Now available for sale at ₹3.50 Cr — a sound Parel investment.

About Rishabh Tower

Rishabh Tower is a residential development in Elphinestone Road, Lower Parel, Mumbai, rising 15 storeys. Lower Parel is a well-established locality in Mumbai with good connectivity and social infrastructure. Available configurations include 2 BHK, 3 BHK. Rental rates from ₹90,000 to ₹97,000 per month. Average resale value around ₹4.8 Cr. 6 properties listed with Real Estate Mumbai. The building is well-suited for families seeking good schools and open spaces. Parking includes open reserved. Real Estate Mumbai has been assisting buyers, tenants and investors at Rishabh Tower since 1993 — with verified listings, expert advisory, and end-to-end support for the Lower Parel property market.

About 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 Parel

Apartments — buy₹50,000–100,000/sqft
1 BHK — rent₹55,000–1 Lac/mo
2 BHK — rent₹1 Lac–2.2 Lac/mo
3 BHK — rent₹2.2 Lac–4.4 Lac/mo
Commercial — lease₹130–290/sqft
See all Mumbai property rates →
Updated May 2026 · Real Estate Mumbai research

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