Activity across Lower Parel — all configurations and budgets
There are 411 verified 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 | 25 | ₹ 2.04 Cr – ₹ 2.75 Cr | ₹ 2.2 Cr |
| 2 BHK | 55 | ₹ 3.32 Cr – ₹ 8.3 Cr | ₹ 4.2 Cr |
| 3 BHK | 181 | ₹ 7 Cr – ₹ 17.5 Cr | ₹ 13 Cr |
| 4 BHK | 97 | ₹ 13.6 Cr – ₹ 23 Cr | ₹ 16.7 Cr |
| 5 BHK | 42 | ₹ 17.5 Cr – ₹ 45 Cr | ₹ 41.5 Cr |
| 6 BHK | 8 | ₹ 19.4 Cr – ₹ 36 Cr | ₹ 26.5 Cr |
Ranges show the typical 10th–90th percentile of current listings; median is the mid-point. Outliers excluded. As on 18 Oct 2026.
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.
