₹ 1 Lac /month

2 BHK Apartment for Rent in Magnum Tower, Parel

📍 Nr, Lal Baugcha Raja, Parel
📊 Avg 2 BHK rent in Parel: ₹ 1.31 Lac
2 BHKConfiguration
880 sqftCarpet area
Lower Floor
Semi-FurnishedFurnishing
Open ReservedParking
₹ 4 LacDeposit
#9722871Property ID
24 Oct 2025Listed
11 Jun 2026Updated
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About this property

This 2 BHK apartment (semi-furnished) is available for rent in Magnum Tower, Nr, Lal Baugcha Raja, Parel at ₹100,000/month. Carpet area is 880 sq ft. Located on floor Lower .

Positioned in sought-after Parel, Magnum Tower offers a 2 BHK home near the Worli-Lower Parel axis. Positioned on the Lower floor, the semi-furnished layout spans 880 sq.ft, and Open Reserved parking on offer. Move-in ready at ₹1 Lac with a deposit of ₹4 Lac; reach out for an inspection.

About Magnum Tower

Magnum Tower is a residential development in Nr, Lal Baugcha Raja, Parel, Mumbai. Parel is an emerging South Mumbai suburb near the heritage mills area, with BPT and domestic airport proximity. Available configurations include 2 BHK, 3 BHK, 5 BHK, Bunglow, Office Space. Rental rates from ₹80,000 to ₹2.0 L per month. Average resale value around ₹6.5 Cr. 17 properties listed with Real Estate Mumbai. The building is well-suited for expats and international professionals, families seeking good schools and open spaces. Real Estate Mumbai has been assisting buyers, tenants and investors at Magnum Tower since 1993 — with verified listings, expert advisory, and end-to-end support for the Parel property market.

About Parel

Parel is an emerging South Mumbai suburb near the heritage mill lands, close to Lower Parel, BKC, and the domestic airport. Real Estate Mumbai has been listing verified properties in Parel since 1993, offering expert guidance to buyers, tenants, NRIs, and investors across the area's residential and commercial property market.

📊 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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