Flats on Rent in Parel

95 verified properties · updated daily since 1993

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

📍 Popular areas in Parel

G.D. Ambedkar Marg 60 Dr. Babasaheb Ambedkar 48 Jerbai Wadia Road 45 Jeribai Wadia Road 29

For Rent

₹ 1.3 Lac/mo

2 BHK Runwal Nirvana

📍 6, GD Ambekar Marg, Parel Village, Bhoiwada, Parel

🛏️ 2 BHK 📐 750 sqft 🛋️ Semi-Furnished

Positioned in sought-after Parel, Runwal Nirvana offers a 2 BHK home near the Worli-Lower Parel axis. The semi-furnished layout spans 750 sq.ft, and Open Reserved parking on offer. On offer for ₹1.30 Lac per month with a deposit of ₹5 Lac. Enquire to schedule a visit.

🕒 Updated 05 Jan 2026

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For Rent

₹ 2 Lac/mo

2½ BHK Ashok Tower

📍 Dr. Babasaheb Ambedkar, Parel

🛏️ 2½ BHK 📐 950 sqft 🛋️ Semi-Furnished

Crafted for modern living, this 2½ BHK home in Ashok Tower, Parel, enjoys the Worli-Lower Parel axis. The semi-furnished layout spans 950 sq.ft.. Available now on rent at ₹2 Lac with a deposit of ₹8 Lac — arrange a viewing today.

🕒 Updated 31 Dec 2025

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For Rent

₹ 1.8 Lac/mo

2 BHK Ashok Tower

📍 Dr. Babasaheb Ambedkar, Parel

🛏️ 2 BHK 📐 800 sqft 🛋️ Semi-Furnished

Crafted for modern living, this 2 BHK home in Ashok Tower, Parel, enjoys the Worli-Lower Parel axis. The semi-furnished layout spans 800 sq.ft, complete with Open Reserved parking. Leasing at ₹1.80 Lac with a deposit of ₹7.20 Lac — a smart pick for Parel living.

🕒 Updated 31 Dec 2025

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For Rent

₹ 2 Lac/mo

2½ BHK Ashok Tower

📍 Dr. Babasaheb Ambedkar, Parel

🛏️ 2½ BHK 📐 950 sqft 🛋️ Semi-Furnished

An inviting 2½ BHK home in the heart of Parel at Ashok Tower, steps from the corporate towers of central Mumbai. Offered semi-furnished, it measures 950 sq.ft, and Open Reserved parking on offer. On offer for ₹2 Lac per month with a deposit of ₹8 Lac. Enquire to schedule a visit.

🕒 Updated 29 Dec 2025

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For Rent

₹ 1.6 Lac/mo

2 BHK Ashok Tower

📍 Dr. Babasaheb Ambedkar, Parel

🛏️ 2 BHK 📐 755 sqft 🛋️ Fully Furnished 🏢 Middle flr

Crafted for modern living, this 2 BHK home in Ashok Tower, Parel, enjoys the Worli-Lower Parel axis. Positioned on the Middle floor, the fully furnished layout spans 755 sq.ft, complete with Open Reserved parking. Leasing at ₹1.60 Lac with a deposit of ₹6.40 Lac — a smart pick for Parel living.

🕒 Updated 22 Dec 2025

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For Rent

₹ 1.9 Lac/mo

2 BHK Ashok Tower

📍 Dr. Babasaheb Ambedkar, Parel

🛏️ 2 BHK 📐 760 sqft 🛋️ Fully Furnished

Live well in Parel — this 2 BHK home at Ashok Tower sits close to Phoenix and Kamala Mills nearby. Expect a fully furnished interior across 760 sq.ft, and Open Reserved parking on offer. Available now on rent at ₹1.90 Lac with a deposit of ₹7.60 Lac — arrange a viewing today.

🕒 Updated 05 Dec 2025

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For Rent

₹ 1.8 Lac/mo

2 BHK Lodha Primo

📍 Close to ITC Grand Central, Dr Earnest Borges Rd, Parel

🛏️ 2 BHK 📐 750 sqft 🛋️ Semi-Furnished

Experience Parel from Lodha Primo: a 2 BHK home surrounded by the corporate towers of central Mumbai. Offered semi-furnished, it measures 750 sq.ft, with Open Reserved parking included. Yours to rent at ₹1.80 Lac with a deposit of ₹7.20 Lac. Book a viewing at your convenience.

🕒 Updated 05 Dec 2025

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For Rent

₹ 1.85 Lac/mo

2 BHK Ashok Tower

📍 Dr. Babasaheb Ambedkar, Parel

🛏️ 2 BHK 📐 1125 sqft 🛋️ Semi-Furnished

Discover space and light in this 2 BHK home at Ashok Tower, Parel — close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,125 sq.ft, with Open Reserved parking included. Leasing at ₹1.85 Lac with a deposit of ₹7.40 Lac — a smart pick for Parel living.

🕒 Updated 14 Nov 2025

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For Rent

₹ 1.25 Lac/mo

2 BHK Ruparel Ariana

📍 Jeribai Wadia Road, Parel

🛏️ 2 BHK 📐 800 sqft 🛋️ Semi-Furnished 🏢 Lower flr

An inviting 2 BHK home in the heart of Parel at Ruparel Ariana, steps from the corporate towers of central Mumbai. On the Lower floor, offered semi-furnished, it measures 800 sq.ft, and Open Reserved parking on offer. On offer for ₹1.25 Lac per month with a deposit of ₹5 Lac. Enquire to schedule a visit.

🕒 Updated 14 Nov 2025

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For Rent

₹ 1.1 Lac/mo

2 BHK Arihant Tower

📍 G D Ambekar Marg, Sindhu Nagar, Parel

🛏️ 2 BHK 📐 700 sqft 🛋️ Fully Furnished 🏢 Lower flr

This 2 BHK home at Arihant Tower brings Parel living within reach of excellent rail connectivity. Set on the Lower floor, it comes fully furnished, with 700 sq.ft. of carpet space, complete with Open Reserved parking. Available now on rent at ₹1.10 Lac with a deposit of ₹4.40 Lac — arrange a viewing today.

🕒 Updated 14 Nov 2025

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For Rent

₹ 1.2 Lac/mo

2 BHK Omkar Veda

📍 Eknath Ghadi Marg, Parmanand Wadi,, Parel

🛏️ 2 BHK 📐 900 sqft 🛋️ Fully Furnished

Welcome to Omkar Veda: a 2 BHK home in Parel, where residents enjoy the Worli-Lower Parel axis. The fully furnished layout spans 900 sq.ft, with Open Reserved parking included. Move-in ready at ₹1.20 Lac with a deposit of ₹4.80 Lac; reach out for an inspection.

🕒 Updated 13 Nov 2025

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For Rent

₹ 1.22 Lac/mo

2 BHK Ruparel Ariana

📍 Jeribai Wadia Road, Parel

🛏️ 2 BHK 📐 800 sqft 🛋️ Semi-Furnished

Experience Parel from Ruparel Ariana: a 2 BHK home surrounded by the corporate towers of central Mumbai. Offered semi-furnished, it measures 800 sq.ft, with Open Reserved parking included. Leasing at ₹1.22 Lac with a deposit of ₹3.66 Lac — a smart pick for Parel living.

🕒 Updated 29 Oct 2025

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📊 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.

Flats on Rent in Parel

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