Flats on Rent in Parel

171 verified properties ยท updated daily since 1993
3 BHK L&T Crescent Bay in Parel For Rent
โ‚น 1.8 Lac/mo
3 BHK L&T Crescent Bay
๐Ÿ“ Jerbai Wadia Road, Parel
๐Ÿ›๏ธ 3 BHK ๐Ÿ“ 1100 sqft ๐Ÿ›‹๏ธ Semi-Furnished ๐Ÿข 1st flr

An inviting 3 BHK home in the heart of Parel at L&T Crescent Bay, steps from the corporate towers of central Mumbai. On the 1st floor, offered semi-furnished, it measures 1,100 sq.ft, and Open Reserved parking on offer. Yours to rent at โ‚น1.80 Lac with a deposit of โ‚น7.20 Lac. Book a viewing at your convenience.

๐Ÿ•’ Updated 30 Oct 2025
3 BHK Runwal Nirvana in Parel For Rent
โ‚น 1.8 Lac/mo
3 BHK Runwal Nirvana
๐Ÿ“ 6, GD Ambekar Marg, Parel Village, Bhoiwada, Parel
๐Ÿ›๏ธ 3 BHK ๐Ÿ“ 1335 sqft ๐Ÿ›‹๏ธ Unfurnished

A standout 3 BHK home awaits at Runwal Nirvana, Parel โ€” moments from excellent rail connectivity. It comes unfurnished, with 1,335 sq.ft. of carpet space, and Open Reserved parking on offer. Yours to rent at โ‚น1.80 Lac with a deposit of โ‚น7.20 Lac. Book a viewing at your convenience.

๐Ÿ•’ Updated 08 Oct 2025
3 BHK Anchor Victorian in Parel For Rent
โ‚น 2.6 Lac/mo
3 BHK Anchor Victorian
๐Ÿ“ Meghwadi, Lal Baug, Parel
๐Ÿ›๏ธ 3 BHK ๐Ÿ“ 2000 sqft ๐Ÿ›‹๏ธ Unfurnished

Experience Parel from Anchor Victorian: a 3 BHK home surrounded by the corporate towers of central Mumbai. Offered unfurnished, it measures 2,000 sq.ft, with Open Reserved parking included. Yours to rent at โ‚น2.60 Lac with a deposit of โ‚น10.40 Lac. Book a viewing at your convenience.

๐Ÿ•’ Updated 08 Oct 2025
3 BHK Kalpataru Avana in Parel For Rent
โ‚น 8 Lac/mo
3 BHK Kalpataru Avana
๐Ÿ“ Near ITC Grand Central, Parel
๐Ÿ›๏ธ 3 BHK ๐Ÿ“ 3200 sqft ๐Ÿ›‹๏ธ Unfurnished

Set in Kalpataru Avana, this 3 BHK home in Parel offers Phoenix and Kamala Mills nearby. Expect an unfurnished interior across 3,200 sq.ft.. Leasing at โ‚น8 Lac with a deposit of โ‚น32 Lac โ€” a smart pick for Parel living.

๐Ÿ•’ Updated 24 Sep 2025
3 BHK Runwal Nirvana in Parel For Rent
โ‚น 2 Lac/mo
3 BHK Runwal Nirvana
๐Ÿ“ 6, GD Ambekar Marg, Parel Village, Bhoiwada, Parel
๐Ÿ›๏ธ 3 BHK ๐Ÿ“ 1358 sqft ๐Ÿ›‹๏ธ Semi-Furnished

Discover space and light in this 3 BHK home at Runwal Nirvana, Parel โ€” close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,358 sq.ft, with Open Reserved parking included. Move-in ready at โ‚น2 Lac with a deposit of โ‚น8 Lac; reach out for an inspection.

๐Ÿ•’ Updated 04 Sep 2025
3 BHK Royal Residency in Parel For Rent
โ‚น 1.6 Lac/mo
3 BHK Royal Residency
๐Ÿ“ Nr, Lalbaugcha Raja, Parel
๐Ÿ›๏ธ 3 BHK ๐Ÿ“ 1100 sqft ๐Ÿ›‹๏ธ Fully Furnished

Experience Parel from Royal Residency: a 3 BHK home surrounded by the corporate towers of central Mumbai. Offered fully furnished, it measures 1,100 sq.ft.. Available now on rent at โ‚น1.60 Lac โ€” arrange a viewing today.

๐Ÿ•’ Updated 04 Sep 2025
3 BHK Lodha Azzuro in Parel For Rent
โ‚น 1.85 Lac/mo
3 BHK Lodha Azzuro
๐Ÿ“ G.D.Ambedkar Road, Kalachowki,, Parel
๐Ÿ›๏ธ 3 BHK ๐Ÿ“ 1200 sqft ๐Ÿ›‹๏ธ Unfurnished

This 3 BHK home at Lodha Azzuro brings Parel living within reach of excellent rail connectivity. It comes unfurnished, with 1,200 sq.ft. of carpet space. Available now on rent at โ‚น1.85 Lac with a deposit of โ‚น7 Lac โ€” arrange a viewing today.

๐Ÿ•’ Updated 21 Aug 2025
3 BHK Runwal Nirvana in Parel For Rent
โ‚น 1.9 Lac/mo
3 BHK Runwal Nirvana
๐Ÿ“ 6, GD Ambekar Marg, Parel Village, Bhoiwada, Parel
๐Ÿ›๏ธ 3 BHK ๐Ÿ“ 1380 sqft ๐Ÿ›‹๏ธ Semi-Furnished ๐Ÿข Middle flr

Runwal Nirvana presents a thoughtfully laid-out 3 BHK home in Parel, near excellent rail connectivity. Set on the Middle floor, it comes semi-furnished, with 1,380 sq.ft. of carpet space. Available now on rent at โ‚น1.90 Lac with a deposit of โ‚น5 Lac โ€” arrange a viewing today.

๐Ÿ•’ Updated 31 Jul 2025
3 BHK Kingston Tower in Parel For Rent
โ‚น 1.65 Lac/mo
3 BHK Kingston Tower
๐Ÿ“ Jijamata Nagar,Abhyudaya Nagar, Parel
๐Ÿ›๏ธ 3 BHK ๐Ÿ“ 1705 sqft ๐Ÿ›‹๏ธ Fully Furnished

Live well in Parel โ€” this 3 BHK home at Kingston Tower sits close to Phoenix and Kamala Mills nearby. Presented in fully furnished condition. Move-in ready at โ‚น1.65 Lac with a deposit of โ‚น5 Lac; reach out for an inspection.

๐Ÿ•’ Updated 30 Jul 2025
3 BHK Ashok Tower in Parel For Rent
โ‚น 3.25 Lac/mo
3 BHK Ashok Tower
๐Ÿ“ Dr. Babasaheb Ambedkar, Parel
๐Ÿ›๏ธ 3 BHK ๐Ÿ“ 1500 sqft ๐Ÿ›‹๏ธ Fully Furnished

This 3 BHK home at Ashok Tower brings Parel living within reach of excellent rail connectivity. It comes fully furnished, with 1,500 sq.ft. of carpet space, complete with Open Reserved parking. Yours to rent at โ‚น3.25 Lac with a deposit of โ‚น19.50 Lac. Book a viewing at your convenience.

๐Ÿ•’ Updated 30 Jul 2025
3 BHK Lodha Azzuro in Parel For Rent
โ‚น 2 Lac/mo
3 BHK Lodha Azzuro
๐Ÿ“ G.D.Ambedkar Road, Kalachowki,, Parel
๐Ÿ›๏ธ 3 BHK ๐Ÿ“ 1200 sqft ๐Ÿ›‹๏ธ Semi-Furnished

Welcome to Lodha Azzuro: a 3 BHK home in Parel, where residents enjoy the Worli-Lower Parel axis. The semi-furnished layout spans 1,200 sq.ft.. Leasing at โ‚น2 Lac โ€” a smart pick for Parel living.

๐Ÿ•’ Updated 26 Jul 2025
3 BHK Runwal Nirvana in Parel For Rent
โ‚น 1.9 Lac/mo
3 BHK Runwal Nirvana
๐Ÿ“ 6, GD Ambekar Marg, Parel Village, Bhoiwada, Parel
๐Ÿ›๏ธ 3 BHK ๐Ÿ“ 1325 sqft ๐Ÿ›‹๏ธ Semi Furnished

Crafted for modern living, this 3 BHK home in Runwal Nirvana, Parel, enjoys the Worli-Lower Parel axis. The semi-furnished layout spans 1,325 sq.ft.. Move-in ready at โ‚น1.90 Lac; reach out for an inspection.

๐Ÿ•’ Updated 26 Jul 2025
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๐Ÿ“Š Property rates in Parel

Apartments โ€” buyโ‚น50,000โ€“100,000/sqft
1 BHK โ€” rentโ‚น55,000โ€“1 Lac/mo
2 BHK โ€” rentโ‚น1 Lacโ€“2.2 Lac/mo
3 BHK โ€” rentโ‚น2.2 Lacโ€“4.4 Lac/mo
Commercial โ€” leaseโ‚น130โ€“290/sqft
See all Mumbai property rates โ†’
Updated May 2026 ยท Real Estate Mumbai research

๐Ÿ“ฐ 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 โ€” 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 โ€” Maharashtra's largest government hospital โ€” 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.

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