2 BHK Flats on Rent in Parel

65 verified properties · updated daily since 1993
2 BHK Ashok Tower in Parel For Rent
₹ 1.75 Lac/mo
2 BHK Ashok Tower
📍 Dr. Babasaheb Ambedkar, Parel
🛏️ 2 BHK 📐 750 sqft 🛋️ Fully Furnished

Positioned in sought-after Parel, Ashok Tower offers a 2 BHK home near the Worli-Lower Parel axis. The fully furnished layout spans 750 sq.ft, and Open Reserved parking on offer. Move-in ready at ₹1.75 Lac with a deposit of ₹10.50 Lac; reach out for an inspection.

🕒 Updated 11 Jun 2026
2 BHK Ruparel Ariana in Parel For Rent
₹ 1.15 Lac/mo
2 BHK Ruparel Ariana
📍 Jeribai Wadia Road, Parel
🛏️ 2 BHK 📐 770 sqft 🛋️ Unfurnished

Ruparel Ariana presents a thoughtfully laid-out 2 BHK home in Parel, near excellent rail connectivity. It comes unfurnished, with 770 sq.ft. of carpet space, with Open Reserved parking included. Available now on rent at ₹1.15 Lac with a deposit of ₹4.60 Lac — arrange a viewing today.

🕒 Updated 11 Jun 2026
2 BHK Crescent Bay in Parel For Rent
₹ 95,000/mo
2 BHK Crescent Bay
📍 Bhoiwada, Parel
🛏️ 2 BHK 📐 875 sqft 🛋️ Semi Furnished

Live well in Parel — this 2 BHK home at Crescent Bay sits close to Phoenix and Kamala Mills nearby. Expect a semi furnished interior across 875 sq.ft, and 1 Open parking on offer. On offer for ₹95,000 per month with a deposit of ₹4 Lac. Enquire to schedule a visit.

🕒 Updated 11 Jun 2026
2.5 BHK L&T Crescent Bay in Parel For Rent
₹ 2.25 Lac/mo
2.5 BHK L&T Crescent Bay
📍 Jerbai Wadia Road, Parel
🛏️ 2.5 BHK 📐 1070 sqft 🛋️ Fully Furnished

L&T Crescent Bay presents a thoughtfully laid-out 2.5 BHK home in Parel, near excellent rail connectivity. It comes fully furnished, with 1,070 sq.ft. of carpet space, with 1 parking included. Available now on rent at ₹2.25 Lac with a deposit of ₹6.75 Lac — arrange a viewing today.

🕒 Updated 11 Jun 2026
2 BHK Magnum Tower in Parel For Rent
₹ 1 Lac/mo
2 BHK Magnum Tower
📍 Nr, Lal Baugcha Raja, Parel
🛏️ 2 BHK 📐 880 sqft 🛋️ Semi-Furnished 🏢 Lower flr

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.

🕒 Updated 11 Jun 2026
2 BHK Dosti Flamingos in Parel For Rent
₹ 82,000/mo
2 BHK Dosti Flamingos
📍 China Mill Compound, Sewree, Parel
🛏️ 2 BHK 📐 967 sqft 🛋️ Fully Furnished

Welcome to Dosti Flamingos: a 2 BHK home in Parel, where residents enjoy the Worli-Lower Parel axis. The home is offered fully furnished, with 1 Open parking included. Leasing at ₹82,000 with a deposit of ₹3 Lac — a smart pick for Parel living.

🕒 Updated 11 Jun 2026
2 BHK Crescent Bay in Parel For Rent
₹ 90,000/mo
2 BHK Crescent Bay
📍 Bhoiwada, Parel
🛏️ 2 BHK 📐 875 sqft 🛋️ Semi Furnished 🏢 1 flr

Welcome to Crescent Bay: a 2 BHK home in Parel, where residents enjoy the Worli-Lower Parel axis. Positioned on the 1 floor, the semi furnished layout spans 875 sq.ft, with Open Reserved parking included. On offer for ₹90,000 per month with a deposit of ₹3 Lac. Enquire to schedule a visit.

🕒 Updated 11 Jun 2026
2 BHK Arihant Tower in Parel For Rent
₹ 1.15 Lac/mo
2 BHK Arihant Tower
📍 G D Ambekar Marg, Sindhu Nagar, Parel
🛏️ 2 BHK 📐 900 sqft 🛋️ Fully Furnished

This 2 BHK home at Arihant Tower brings Parel living within reach of excellent rail connectivity. It comes fully furnished, with 900 sq.ft. of carpet space, complete with Open parking. Move-in ready at ₹1.15 Lac with a deposit of ₹3.45 Lac; reach out for an inspection.

🕒 Updated 10 Jun 2026
2 BHK Ashok Tower in Parel For Rent
₹ 1.5 Lac/mo
2 BHK Ashok Tower
📍 Dr. Babasaheb Ambedkar, Parel
🛏️ 2 BHK 📐 750 sqft 🛋️ Semi Furnished

Discover space and light in this 2 BHK home at Ashok Tower, Parel — close to Phoenix and Kamala Mills nearby. Expect a semi furnished interior across 750 sq.ft, with 1 Open parking included. Leasing at ₹1.50 Lac with a deposit of ₹6 Lac — a smart pick for Parel living.

🕒 Updated 09 Jun 2026
2 BHK Ruparel Ariana in Parel For Rent
₹ 1.2 Lac/mo
2 BHK Ruparel Ariana
📍 Jeribai Wadia Road, Parel
🛏️ 2 BHK 📐 770 sqft 🛋️ Unfurnished

Welcome to Ruparel Ariana: a 2 BHK home in Parel, where residents enjoy the Worli-Lower Parel axis. The unfurnished layout spans 770 sq.ft, with 1 Open parking included. Yours to rent at ₹1.20 Lac with a deposit of ₹3.60 Lac. Book a viewing at your convenience.

🕒 Updated 03 Jun 2026
2 L&T Crescent Bay in Parel For Rent
₹ 1.6 Lac/mo
2 L&T Crescent Bay
📍 Jerbai Wadia Road, Parel
🛏️ 2 📐 850 sqft 🛋️ Semi-Furnished

An inviting 2 BHK home in the heart of Parel at L&T Crescent Bay, steps from the corporate towers of central Mumbai. Offered semi-furnished, it measures 850 sq.ft, and 1 Open parking on offer. Available now on rent at ₹1.60 Lac with a deposit of ₹4.80 Lac — arrange a viewing today.

🕒 Updated 30 May 2026
2 BHK Veer Mahal in Parel For Rent
₹ 1 Lac/mo
2 BHK Veer Mahal
📍 Opp. Bharat Cinema, Parel
🛏️ 2 BHK 📐 560 sqft 🛋️ Semi-Furnished

A standout 2 BHK home awaits at Veer Mahal, Parel — moments from excellent rail connectivity. It comes semi-furnished, with 560 sq.ft. of carpet space, and 1 Open parking on offer. Leasing at ₹1 Lac with a deposit of ₹3 Lac — a smart pick for Parel living.

🕒 Updated 30 May 2026
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Parel flats for rent — price guide

There are 65 verified flats for rent in 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 8 ₹ 53,500 – ₹ 76,000/mo ₹ 61,500/mo
2 BHK 65 ₹ 1 Lac – ₹ 1.75 Lac/mo ₹ 1.3 Lac/mo
3 BHK 88 ₹ 1.5 Lac – ₹ 3.03 Lac/mo ₹ 2 Lac/mo
4 BHK 11 ₹ 2.4 Lac – ₹ 7 Lac/mo ₹ 4.5 Lac/mo
5 BHK 8 ₹ 5.13 Lac – ₹ 7.3 Lac/mo ₹ 5.88 Lac/mo
6 BHK 4 ₹ 4.35 Lac – ₹ 6.55 Lac/mo ₹ 4.92 Lac/mo

Ranges show the typical 10th–90th percentile of current listings; median is the mid-point. Outliers excluded.

📊 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

📰 News about Parel

About flats on rent in Parel

Parel is an emerging residential micro-market within the broader mill-land redevelopment belt that also includes Lower Parel and Worli. The area is undergoing a significant transformation — heritage textile mills are being converted into premium residential and commercial complexes, bringing luxury housing to a historically working-class neighbourhood with some of Mumbai's best central connectivity.

Elphinstone Road and Parel stations on the Western Railway are within the neighbourhood. The Eastern Freeway on-ramp connects to BKC and Fort within 15 minutes. Key institutions in the area include KEM Hospital — Maharashtra's largest government hospital — the International Institute of Population Sciences, and several engineering colleges that give Parel an academic character alongside its industrial heritage.

New residential developments in Parel are primarily in the premium to ultra-premium range, with most projects offering 2-4 BHK apartments. The area attracts professionals seeking a central address with good connectivity, and investors drawn by the ongoing premium development. Real Estate Mumbai has been tracking the Parel transformation closely since 1993 and offers informed advisory for this evolving market.

Frequently asked questions in Parel

How many flats for rent are available in Parel?
There are 65 verified flats for rent in Parel on Real Estate Mumbai, updated daily with real photos, carpet area, prices and RERA details.
What is the monthly rent for a 2 BHK in Parel?
A 2 BHK flat in Parel typically rents for Rs. 100,000 to Rs. 220,000 per month, depending on furnishing, floor and the building.
Is Parel a good area to rent a flat in Mumbai?
Parel is an established Mumbai locality with 65 verified listings currently available. Browse real photos and connect directly on WhatsApp with Real Estate Mumbai, trusted since 1993.

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