Set in Ashok Tower, this 3 BHK home in Parel offers Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,550 sq.ft, complete with 1 Open parking. Available now on rent at ₹3 Lac with a deposit of ₹9 Lac — arrange a viewing today.

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Ashok Tower, Parel

Added 23 days ago

🛏️ 3 BHK 📐 1335 sqft 🛋️ Semi-Furnished

₹ 3.2 Lac/mo

📍 Dr. Babasaheb Ambedkar

Ashok Tower presents a thoughtfully laid-out 3 BHK home in Parel, near excellent rail connectivity. It comes semi-furnished, with 1,335 sq.ft. of carpet space, with 1 Open parking included. On offer for ₹3.20 Lac per month with a deposit of ₹9.60 Lac. Enquire to schedule a visit.

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Crescent Bay, Parel

Added 24 days ago

🛏️ 3.5 BHK 📐 2000 sqft 🛋️ Semi-Furnished

₹ 2.8 Lac/mo

📍 Jerbai Wadia Road, Near Mahatma Phule Education Society

An inviting 3.5 BHK home in the heart of Parel at Crescent Bay, steps from the corporate towers of central Mumbai. Offered semi-furnished, it measures 2,000 sq.ft, and 1 Open parking on offer. Available now on rent at ₹2.80 Lac with a deposit of ₹8.40 Lac — arrange a viewing today.

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Ruparel Ariana, Parel

Added 25 days ago

🛏️ 3 BHK 📐 1100 sqft 🛋️ Semi-Furnished

₹ 1.4 Lac/mo

📍 Jeribai Wadia Road

Crafted for modern living, this 3 BHK home in Ruparel Ariana, Parel, enjoys the Worli-Lower Parel axis. The semi-furnished layout spans 1,100 sq.ft, complete with 1 Open parking. Move-in ready at ₹1.40 Lac with a deposit of ₹4.20 Lac; reach out for an inspection.

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Ashok Tower, Parel

Added 25 days ago

🛏️ 3 BHK 📐 1795 sqft 🛋️ Semi-Furnished

₹ 3.25 Lac/mo

📍 Dr. Babasaheb Ambedkar

Positioned in sought-after Parel, Ashok Tower offers a 3 BHK home near the Worli-Lower Parel axis. The semi-furnished layout spans 1,795 sq.ft, and 2 parking on offer. Leasing at ₹3.25 Lac with a deposit of ₹9.75 Lac — a smart pick for Parel living.

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Ruparel Ariana, Parel

Added 25 days ago

🛏️ 3 BHK 📐 1226 sqft 🛋️ Semi-Furnished

₹ 1.5 Lac/mo

📍 Jeribai Wadia Road

Discover space and light in this 3 BHK home at Ruparel Ariana, Parel — close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,226 sq.ft, with 1 Open parking included. Yours to rent at ₹1.50 Lac with a deposit of ₹4.50 Lac. Book a viewing at your convenience.

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Runwal Nirvana, Parel

Added 26 days ago

🛏️ 3 BHK 📐 1080 sqft 🛋️ Semi-Furnished

₹ 1.8 Lac/mo

📍 6, GD Ambekar Marg, Parel Village, Bhoiwada

A standout 3 BHK home awaits at Runwal Nirvana, Parel — moments from excellent rail connectivity. It comes semi-furnished, with 1,080 sq.ft. of carpet space, and 1 Open parking on offer. Available now on rent at ₹1.80 Lac with a deposit of ₹5.40 Lac — arrange a viewing today.

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Crescent Bay, Parel

Added 26 days ago

🛏️ 3 BHK 📐 1850 sqft 🛋️ Semi-Furnished

₹ 2.75 Lac/mo

📍 Jerbai Wadia Road, Near Mahatma Phule Education Society

An inviting 3 BHK home in the heart of Parel at Crescent Bay, steps from the corporate towers of central Mumbai. Offered semi-furnished, it measures 1,850 sq.ft, and 1 Open parking on offer. Yours to rent at ₹2.75 Lac with a deposit of ₹8.25 Lac. Book a viewing at your convenience.

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L&T Crescent Bay, Parel

Added 26 days ago

🛏️ 3 BHK 📐 1300 sqft 🛋️ Semi-Furnished

₹ 2.5 Lac/mo

📍 Jerbai Wadia Road

Live well in Parel — this 3 BHK home at L&T Crescent Bay sits close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,300 sq.ft, and 2 parking on offer. Yours to rent at ₹2.50 Lac with a deposit of ₹7.50 Lac. Book a viewing at your convenience.

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Ashok Tower, Parel

Added 45 days ago

🛏️ 3 BHK 📐 1335 sqft 🛋️ Semi-Furnished

₹ 3.2 Lac/mo

📍 Parel

An inviting 3 BHK home in the heart of Parel at Ashok Tower, steps from the corporate towers of central Mumbai. Offered semi-furnished, it measures 1,335 sq.ft, and 2 parking on offer. On offer for ₹3.20 Lac per month with a deposit of ₹9.60 Lac. Enquire to schedule a visit.

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Kalpataru Avana, Parel

Added 27 days ago

🛏️ 3.5 BHK 📐 1848 sqft 🛋️ Semi-Furnished

₹ 4.25 Lac/mo

📍 Near ITC Grand Central

Kalpataru Avana presents a thoughtfully laid-out 3.5 BHK home in Parel, near excellent rail connectivity. It comes semi-furnished, with 1,848 sq.ft. of carpet space, with Two Car parking included. Move-in ready at ₹4.25 Lac with a deposit of ₹12.75 Lac; reach out for an inspection.

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Parel 3 BHK flats for rent — price guide

There are 150 verified 3 BHK 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	9	₹ 50,000 – ₹ 74,000/mo	₹ 63,000/mo
2 BHK	135	₹ 1.05 Lac – ₹ 1.8 Lac/mo	₹ 1.5 Lac/mo
3 BHK	150	₹ 1.5 Lac – ₹ 3.25 Lac/mo	₹ 2.25 Lac/mo
4 BHK	33	₹ 3.52 Lac – ₹ 6 Lac/mo	₹ 4.5 Lac/mo
5 BHK	3	₹ 5.64 Lac – ₹ 7 Lac/mo	₹ 7 Lac/mo
6 BHK	6	₹ 4.35 Lac – ₹ 5.25 Lac/mo	₹ 4.67 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

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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 1995 and offers informed advisory for this evolving market.

Frequently asked questions in Parel

How many 3 BHK flats for rent are available in Parel?

There are 150 verified 3 BHK 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 150 verified 3 BHK flats for rent currently available. Browse real photos and connect directly on WhatsApp with Real Estate Mumbai, trusted since 1995.

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3 BHK Flats on Rent in Parel

Kalpataru Habitat, Parel

Ashok Tower, Parel

Ashok Tower, Parel

Crescent Bay, Parel

Ruparel Ariana, Parel

Ashok Tower, Parel

Ruparel Ariana, Parel

Runwal Nirvana, Parel

Crescent Bay, Parel

L&T Crescent Bay, Parel

Ashok Tower, Parel

Kalpataru Avana, Parel

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