5+ BHK Flats for Sale in Lower Parel

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Activity across Lower Parel — all configurations and budgets

25 listed in the last 24 hours latest in the last hour 3 BHK, 4 BHK #8 most active locality on REM this week

Lower Parel 5+ BHK flats for sale — price guide

There are 51 verified 5+ BHK flats for sale in Lower Parel on Real Estate Mumbai, updated daily with real photos, carpet area, prices and RERA details. Typical sale prices by configuration:

Configuration Listings Typical range Median
1 BHK 38 ₹ 1.95 Cr – ₹ 2.5 Cr ₹ 2.2 Cr
2 BHK 56 ₹ 3.06 Cr – ₹ 8.25 Cr ₹ 4.11 Cr
3 BHK 180 ₹ 7.25 Cr – ₹ 18 Cr ₹ 13 Cr
4 BHK 128 ₹ 12.5 Cr – ₹ 23 Cr ₹ 16 Cr
5 BHK 32 ₹ 18.65 Cr – ₹ 45 Cr ₹ 42 Cr
6 BHK 10 ₹ 21.8 Cr – ₹ 36 Cr ₹ 31 Cr
9 BHK 3 ₹ 42 Cr – ₹ 42 Cr ₹ 42 Cr

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

📊 Property rates in Lower Parel

Apartments — buy₹60,000–105,000/sqft
1 BHK — rent₹65,000–1.4 Lac/mo
2 BHK — rent₹1.65 Lac–2.75 Lac/mo
3 BHK — rent₹3.3 Lac–6.6 Lac/mo
Commercial — lease₹330–660/sqft
See all Mumbai property rates →
Updated May 2026 · Real Estate Mumbai research

📰 News about Lower Parel

About flats for sale in Lower Parel

Lower Parel is the story of Mumbai's most dramatic urban transformation — from a textile mill district that once employed hundreds of thousands of workers, to the city's most dynamic live-work-play destination. Today, the area is home to India's finest luxury mall (Palladium), major corporate headquarters (One Indiabulls Centre, Peninsula Business Park, Kamala Mills), and a thriving restaurant and nightlife scene that draws Mumbai's young professionals every evening.

The neighbourhood is exceptionally well-connected — Elphinstone Road and Lower Parel Western Railway stations are within walking distance, and the Eastern Freeway provides direct access to BKC and South Mumbai. The upcoming Metro Line 3 will add yet another layer of connectivity. Corporate demand for Grade-A offices here is consistently among the highest in Mumbai, which in turn drives strong year-round demand for residential rentals.

Residential supply consists mainly of premium 2 to 4 BHK apartments in new high-rise towers by developers like Lodha, Indiabulls, and Peninsula Land. Rental rates command a premium given the walkability to offices. Real Estate Mumbai has been a trusted advisor in the Lower Parel market since 1995, helping corporates, NRIs, and investors navigate one of Mumbai's most active property micro-markets.

Frequently asked questions in Lower Parel

How many 5+ BHK flats for sale are available in Lower Parel?
There are 51 verified 5+ BHK flats for sale in Lower Parel on Real Estate Mumbai, updated daily with real photos, carpet area, prices and RERA details.
What is the price of flats in Lower Parel?
Flats in Lower Parel typically sell between Rs. 60,000 and Rs. 105,000 per sq ft (carpet), depending on the building, floor and amenities.
Is Lower Parel a good area to buy a flat in Mumbai?
Lower Parel is an established Mumbai locality with 51 verified 5+ BHK flats for sale currently available. Browse real photos and connect directly on WhatsApp with Real Estate Mumbai, trusted since 1995.

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