For Sale
Property Rates in Lower Parel (2026)
Worli to Mahim · Buy & rent prices per sq ft · researched & updated by our team — May 2026 · live prices 23 October 2026
As of 23 October 2026, flats for sale in Lower Parel have a median asking price of ₹63,600 per sq ft (carpet area), from 434 live listings; the middle half ask ₹56,800 – ₹76,900. A 2 BHK rents for a median ₹1.24 Lac a month.
Our researched range (May 2026): Apartments in Lower Parel sell for about ₹60,000 – ₹1,05,000 per sq ft (carpet), and a 2 BHK rents for ₹1.65 Lac – ₹2.75 Lac per month. Commercial space is around ₹75,000 – ₹1,10,000 per sq ft, as of May 2026. Real Estate Mumbai has tracked Lower Parel property rates since 1995, with 444 flats for sale, 388 on rent and 7 new projects live now.
What are the property rates in Lower Parel?
| Type | Rate |
|---|---|
| Flats for sale — median asking, live (434 listings, 23 October 2026) | ₹63,600 /sq ft |
| Flats for sale — middle half of live listings | ₹56,800 – ₹76,900 /sq ft |
| Apartments — buy, researched range (May 2026) | ₹60,000 – ₹1,05,000 /sq ft |
| 1 BHK — rent | ₹65K – ₹1.40 Lac /month |
| 2 BHK — rent | ₹1.65 Lac – ₹2.75 Lac /month |
| 3 BHK — rent | ₹3.30 Lac – ₹6.60 Lac /month |
| 4 BHK — rent | ₹4.40 Lac – ₹8.80 Lac /month |
| Commercial — buy | ₹75,000 – ₹1,10,000 /sq ft |
| Commercial — lease | ₹330 – ₹660/sqft/mo |
Live figures are the median and middle half of asking prices per sq ft (carpet area) of flats currently listed for sale in Lower Parel on Real Estate Mumbai, recalculated daily. Researched rates are carpet-area, indicative ranges based on Real Estate Mumbai's tracked transactions and inventory in Lower Parel.
Lower Parel market overview (May 2026 survey)
Outright residential rates range from ₹47,500 per sqft in entry-level resale complexes (such as India Bulls Sky Forest) up to over ₹78,947 per sqft in premium structures (like World Towers). Lease rentals are strongly aligned with configuration sizes: compact 2 BHK layouts like Unity Tower (430 sqft) rent at around ₹1 Lac/mo, whereas expansive 4 BHK layouts in developments like One Avighna Park (2950 sqft) command premium rentals of ₹4.75 Lac/mo.
The commercial sector operates under separate market forces, where commercial outright spaces sell at ₹60,109 per sqft in business complexes like Sunshine Tower and leases command ₹14 Lac/mo per month in nodes like Sunshine Tower. Commercial properties in Lower Parel follow distinct business and retail yield dynamics, where commercial spaces trade between ₹75,000 and ₹110,000/sf outright and commercial rents lease at around ₹330 to ₹660/sf per month.
About Lower Parel
Former textile mills transformed into Mumbai's trendiest commercial hub with malls, offices, and nightlife.
- Connectivity: Lower Parel stn (Western line)
- Landmarks: Palladium Mall, Kamala Mills, Phoenix
- Best for: Corporate Hub, Nightlife, Shopping
Properties for sale & rent in Lower Parel
Latest for sale
For Sale
For Sale
1 BHK Darshan Rico
Shankar Roa Naram Path, Next to Peninsula Tower₹2.75 Cr
Carpet600 sq ft
View details
For Sale
2 BHK Lodha Vista
Sitaram Jadhav Marg, Opp. Shri Shantinath Jain Temple, Near High Street Phoenix₹3.75 Cr
Carpet680 sq ft
View details
For Sale
2 BHK Darshan Rico
Shankar Roa Naram Path, Next to Peninsula Tower₹6.00 Cr
Carpet850 sq ft
View details
For Sale
For Sale
Latest on rent
For Rent
For Rent
3 BHK Lotus Enpar
Madhusudhan Mills Compound, Shankar Rao Naram ₹3,50,000/mo
Carpet1250 sq ft
View details
For Rent
For Rent
For Rent
3 BHK IndiaBulls Sky Forest
Near India Bulls Financial Centre₹4,25,000/mo
Carpet2725 sq ft
View details
For Rent
4 BHK IndiaBulls Sky Forest
Near India Bulls Financial Centre₹5,00,000/mo
Carpet2000 sq ft
View details
Buyer & tenant demand in Lower Parel
Real Estate Mumbai has received 386 buyer & tenant enquiries for Lower Parel — 216 looking to buy and 80 to rent. The most-wanted configuration is 2 BHK & 3 BHK.
Own a property in Lower Parel? 386 buyers & tenants are already looking — list it free and our advisors will match you to genuine demand.
💬 List my Lower Parel propertyBuilding-level rates in Lower Parel
Live median price and rent for the most-listed buildings in Lower Parel — with an indicative rent-vs-buy signal. Tap a building for the full breakdown.
| Building | Sale ₹/sqft | Rent (median) | Yield |
|---|---|---|---|
| IndiaBulls Sky Forest | ₹74,463 | ₹4,30,000 | — |
| Lodha World Crest | — | ₹6,50,000 | — |
| Lodha World View | — | ₹5,58,000 | — |
| Lodha World One | — | ₹6,50,000 | — |
| One Avighna Park | — | ₹6,00,000 | — |
| Lodha Signet | — | ₹1,66,500 | — |
| Lodha Vista | — | ₹1,62,500 | — |
| Marathon Futurex | — | ₹2,55,000 | — |
| The Baya Central | — | ₹1,10,000 | — |
| Lodha Supremus | — | ₹7,50,000 | — |
| Darshan Rico | — | ₹2,62,500 | — |
| Casa Grande | — | ₹3,80,000 | — |
New projects in Lower Parel
Sarvesh One
BuilderSarvesh Enterprises
Rate₹42,495/sqft
StatusUnder Construction
S3 Epitome
BuilderS3 Group
Rate₹44,963/sqft
StatusUnder Construction
Lodha World Towers
BuilderLodha Group
Rate₹68,998/sqft
StatusReady Possession
Lodha Vista
BuilderLodha Group
Rate₹64,997/sqft
StatusReady Possession
Adi Darsshan
BuilderPromesa Realty
Rate₹45,000/sqft
StatusUnder Construction
Lodha World View
BuilderLodha Group
Rate₹72,418/sqft
StatusReady Possession
The Grand
BuilderBhojwani Builders
StatusUnder Construction
Lower Parel property rates — FAQs
What is the price per sq ft of flats in Lower Parel in 2026?
As of 23 October 2026, flats for sale in Lower Parel have a median asking price of ₹63,600 per sq ft (carpet area), from 434 live listings on Real Estate Mumbai; the middle half ask ₹56,800 – ₹76,900 per sq ft. A 2 BHK rents for a median ₹1.24 Lac a month.
What is the property rate in Lower Parel?
Apartments in Lower Parel sell for about ₹60,000 to ₹105,000 per sq ft (carpet) as of May 2026. Real Estate Mumbai has tracked Lower Parel property rates since 1995.
What is the rent for a 2 BHK in Lower Parel?
A 2 BHK flat in Lower Parel typically rents for ₹1.65 Lac – ₹2.75 Lac per month as of May 2026.
What are commercial property rates in Lower Parel?
Commercial property in Lower Parel has buy rates of ₹75,000–₹110,000 per sq ft and lease at ₹330 – ₹660/sqft/mo as of May 2026.
Want an accurate valuation in Lower Parel?
These are indicative area rates. For a specific building or your own property in Lower Parel, our advisors will give you a precise, up-to-date number.
💬 Get a Lower Parel valuation on WhatsAppLive figures 23 October 2026 · researched ranges May 2026 · Lower Parel rates tracked by Real Estate Mumbai since 1995 · compiled by Sandeep Sadh.
