4 BHK Flats on Rent in Parel

33 verified properties · updated daily since 1995

14 listed in the last 3 days latest 17 hours ago 3 BHK, 2 BHK

Newest Price ↑ Price ↓

All BHK 1 BHK 2 BHK 3 BHK 4 BHK 5+ BHK

📍 Popular areas in Parel

Jerbai Wadia Road 106 Dr. Babasaheb Ambedkar 58 Jeribai Wadia Road 58 G.D. Ambedkar Marg 42 Dr. S. S. Rao Road 28

For Rent

Crescent Bay, Parel

Added 20 days ago

🛏️ 4 BHK 📐 2900 sqft 🛋️ ready

₹ 4.5 Lac/mo

📍 Jerbai Wadia Road, Near Mahatma Phule Education Society

A standout 4 BHK home awaits at Crescent Bay, Parel — moments from excellent rail connectivity. It comes ready, with 2,900 sq.ft. of carpet space, and 3 parking on offer. Move-in ready at ₹4.50 Lac with a deposit of ₹13.50 Lac; reach out for an inspection.

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For Rent

Crescent Bay, Parel

Added 23 days ago

🛏️ 4 BHK 📐 2900 sqft 🛋️ Semi-Furnished

₹ 4.5 Lac/mo

📍 Jerbai Wadia Road, Near Mahatma Phule Education Society

Tucked into Parel, this 4 BHK home at Crescent Bay pairs comfort with the corporate towers of central Mumbai. Offered semi-furnished, it measures 2,900 sq.ft, complete with 1 Open parking. Leasing at ₹4.50 Lac with a deposit of ₹13.50 Lac — a smart pick for Parel living.

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For Rent

Crescent Bay, Parel

Added 24 days ago

🛏️ 4 BHK 📐 2900 sqft 🛋️ Semi-Furnished

₹ 4.5 Lac/mo

📍 Jerbai Wadia Road, Near Mahatma Phule Education Society

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For Rent

Kalpataru Avana, Parel

Added 43 days ago

🛏️ 4.5 BHK 📐 2348 sqft 🛋️ Semi-Furnished

₹ 5.75 Lac/mo

📍 Near ITC Grand Central

Crafted for modern living, this 4.5 BHK home in Kalpataru Avana, Parel, enjoys the Worli-Lower Parel axis. The semi-furnished layout spans 2,348 sq.ft, complete with 1 Open parking. On offer for ₹5.75 Lac per month with a deposit of ₹17.25 Lac. Enquire to schedule a visit.

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For Rent

L&T Crescent Bay, Parel

Added 40 days ago

🛏️ 4 BHK 📐 2100 sqft 🛋️ Fully Furnished

₹ 4.5 Lac/mo

📍 Jerbai Wadia Road

Tucked into Parel, this 4 BHK home at L&T Crescent Bay pairs comfort with the corporate towers of central Mumbai. Offered furnished, it measures 2,100 sq.ft, complete with 3 Car parking. Leasing at ₹4.50 Lac with a deposit of ₹13.50 Lac — a smart pick for Parel living.

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For Rent

Kalpataru Avana, Parel

🛏️ 4 BHK 📐 2128 sqft 🛋️ Semi-Furnished

₹ 7 Lac/mo

📍 Near ITC Grand Central

This 4 BHK home at Kalpataru Avana brings Parel living within reach of excellent rail connectivity. It comes semi-furnished, with 2,128 sq.ft. of carpet space, complete with 1 Open parking. Move-in ready at ₹7 Lac with a deposit of ₹21 Lac; reach out for an inspection.

🕒 Updated 20 Jun 2026

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For Rent

Ashok Tower, Parel

Added 46 days ago

🛏️ 4 BHK 📐 2225 sqft 🛋️ Semi-Furnished

₹ 2.5 Lac/mo

📍 Dr. Babasaheb Ambedkar

A standout 4 BHK home awaits at Ashok Tower, Parel — moments from excellent rail connectivity. It comes semi-furnished, with 2,225 sq.ft. of carpet space, and 1 Open parking on offer. Move-in ready at ₹2.50 Lac with a deposit of ₹7.50 Lac; reach out for an inspection.

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For Rent

Kalpataru Avana, Parel

🛏️ 4 BHK 📐 2400 sqft 🛋️ Semi-Furnished

₹ 7 Lac/mo

📍 Near ITC Grand Central

Live well in Parel — this 4 BHK home at Kalpataru Avana sits close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 2,400 sq.ft, and 1 Open parking on offer. Leasing at ₹7 Lac with a deposit of ₹21 Lac — a smart pick for Parel living.

🕒 Updated 17 Jun 2026

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For Rent

L&T Crescent Bay, Parel

Added 51 days ago

🛏️ 4 BHK 📐 1650 sqft 🛋️ Semi-Furnished

₹ 2.3 Lac/mo

📍 Jerbai Wadia Road

Tucked into Parel, this 4 BHK home at L&T Crescent Bay pairs comfort with the corporate towers of central Mumbai. Offered semi-furnished, it measures 1,650 sq.ft, complete with Open parking. Available now on rent at ₹2.30 Lac with a deposit of ₹6.90 Lac — arrange a viewing today.

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Parel 4 BHK flats for rent — price guide

There are 33 verified 4 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	8	₹ 50,000 – ₹ 74,600/mo	₹ 59,000/mo
2 BHK	134	₹ 1.05 Lac – ₹ 1.8 Lac/mo	₹ 1.48 Lac/mo
3 BHK	149	₹ 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 4 BHK flats for rent are available in Parel?

There are 33 verified 4 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 33 verified 4 BHK flats for rent currently available. Browse real photos and connect directly on WhatsApp with Real Estate Mumbai, trusted since 1995.