5 BHK Flats on Rent in Parel

8 verified properties · updated daily since 1993

Newest Price ↑ Price ↓

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

📍 Popular areas in Parel

G.D. Ambedkar Marg 39 Jerbai Wadia Road 33 Dr. Babasaheb Ambedkar 29 Jeribai Wadia Road 26

For Rent

₹ 5.3 Lac/mo

5 BHK Kalpataru Avana

📍 Near ITC Grand Central, Parel

🛏️ 5 BHK 📐 2455 sqft 🛋️ Semi Furnished

Live well in Parel — this 5 BHK home at Kalpataru Avana sits close to Phoenix and Kamala Mills nearby. Expect a semi furnished interior across 2,455 sq.ft, and Open parking on offer. On offer for ₹5.30 Lac per month with a deposit of ₹15.90 Lac. Enquire to schedule a visit.

🕒 Updated 14 Jun 2026

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For Rent

₹ 5.3 Lac/mo

5 BHK Kalpataru Avana

📍 Near ITC Grand Central, Parel

🛏️ 5 BHK 📐 2645 sqft 🛋️ Semi Furnished

Live well in Parel — this 5 BHK home at Kalpataru Avana sits close to Phoenix and Kamala Mills nearby. Expect a semi furnished interior across 2,645 sq.ft, and Open parking on offer. Available now on rent at ₹5.30 Lac with a deposit of ₹16.50 Lac — arrange a viewing today.

🕒 Updated 13 Jun 2026

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For Rent

₹ 4.75 Lac/mo

5 BHK Anchor Victorian

📍 Meghwadi, Lal Baug, Parel

🛏️ 5 BHK 📐 3800 sqft 🛋️ Semi-Furnished

Live well in Parel — this 5 BHK home at Anchor Victorian sits close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 3,800 sq.ft, and 1 Open parking on offer. Available now on rent at ₹4.75 Lac with a deposit of ₹19 Lac — arrange a viewing today.

🕒 Updated 13 Jun 2026

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For Rent

₹ 7 Lac/mo

5 BHK Kalpataru Avana

📍 Near ITC Grand Central, Parel

🛏️ 5 BHK 📐 2700 sqft 🛋️ Semi Furnished

Live well in Parel — this 5 BHK home at Kalpataru Avana sits close to Phoenix and Kamala Mills nearby. Expect a semi furnished interior across 2,700 sq.ft, and Open parking on offer. Available now on rent at ₹7 Lac with a deposit of ₹21 Lac — arrange a viewing today.

🕒 Updated 11 Jun 2026

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For Rent

₹ 5.75 Lac/mo

5 BHK Ashok Tower

📍 Dr. Babasaheb Ambedkar, Parel

🛏️ 5 BHK 📐 2600 sqft 🛋️ Semi-Furnished

Experience Parel from Ashok Tower: a 5 BHK home surrounded by the corporate towers of central Mumbai. Offered semi-furnished, it measures 2,600 sq.ft, with Open Reserved parking included. On offer for ₹5.75 Lac per month with a deposit of ₹23 Lac. Enquire to schedule a visit.

🕒 Updated 11 Jun 2026

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For Rent

₹ 7 Lac/mo

5 BHK Kalpataru Avana

📍 Parel

🛏️ 5 BHK 📐 2455 sqft 🛋️ Semi Furnished

A standout 5 BHK home awaits at Kalpataru Avana, Parel — moments from excellent rail connectivity. It comes semi furnished, with 2,455 sq.ft. of carpet space, and Open parking on offer. On offer for ₹7 Lac per month with a deposit of ₹21 Lac. Enquire to schedule a visit.

🕒 Updated 08 Jun 2026

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For Rent

₹ 8 Lac/mo

5 BHK Kalpataru Avana

📍 Near ITC Grand Central, Parel

🛏️ 5 BHK 📐 2645 sqft 🛋️ Semi-Furnished

Welcome to Kalpataru Avana: a 5 BHK home in Parel, where residents enjoy the Worli-Lower Parel axis. The semi-furnished layout spans 2,645 sq.ft, with 1 Open parking included. Available now on rent at ₹8 Lac with a deposit of ₹24 Lac — arrange a viewing today.

🕒 Updated 31 May 2026

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For Rent

₹ 6 Lac/mo

5 BHK Kalpataru Avana

📍 Near ITC Grand Central, Parel

🛏️ 5 BHK 📐 2348 sqft 🛋️ Semi-Furnished 🏢 Lower flr

Kalpataru Avana presents a thoughtfully laid-out 5 BHK home in Parel, near excellent rail connectivity. Set on the Lower floor, it comes semi-furnished, with 2,348 sq.ft. of carpet space, with Open parking included. Available now on rent at ₹6 Lac with a deposit of ₹24 Lac — arrange a viewing today.

🕒 Updated 04 May 2026

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Parel flats for rent — price guide

There are 8 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

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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 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 8 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 8 verified listings currently available. Browse real photos and connect directly on WhatsApp with Real Estate Mumbai, trusted since 1993.

5 BHK Flats on Rent in Parel

Parel flats for rent — price guide

📊 Property rates in Parel

📰 News about Parel

Frequently asked questions in Parel

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