Flats on Rent in Parel

308 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 54 Dr. Babasaheb Ambedkar 43 Jerbai Wadia Road 40 Jeribai Wadia Road 24

For Rent

₹ 1.6 Lac/mo

2 L&T Crescent Bay

📍 Jerbai Wadia Road, Parel

🛏️ 2 📐 850 sqft 🛋️ Semi-Furnished

Discover this exquisite 2 BHK property located in the prestigious L&T Crescent Bay at Parel. Spanning an optimized 850 sq.ft. of carpet space, this semi-furnished residence is perfectly suited for modern living. Available on Rent for Rs. 160,000/month, featuring 1 Open parking.

🕒 Updated 30 May 2026

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For Rent

₹ 1 Lac/mo

2 BHK Vardhman Estate

📍 Lal Baug, Parel

🛏️ 2 BHK 📐 750 sqft 🛋️ Semi-Furnished

Discover this exquisite 2 BHK property located in the prestigious Vardhman Estate at Parel. Spanning an optimized 750 sq.ft. of carpet space, this semi-furnished residence is perfectly suited for modern living. Available on Rent for Rs. 100,000/month, featuring Open parking.

🕒 Updated 30 May 2026

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For Rent

₹ 2.5 Lac/mo

3 Kalpataru Habitat

📍 Dr. S. S. Rao Road,, Parel

🛏️ 3 📐 1329 sqft 🛋️ Semi-Furnished 🏢 above 20th floor flr

Discover this exquisite 3 BHK property located in the prestigious Kalpataru Habitat at Parel. Spanning an optimized 1,329 sq.ft. of carpet space, this semi-furnished residence is perfectly suited for modern living. Available on Rent for Rs. 250,000/month, featuring 1 Open parking.

🕒 Updated 30 May 2026

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For Rent

₹ 1 Lac/mo

2 BHK Veer Mahal

📍 Opp. Bharat Cinema, Parel

🛏️ 2 BHK 📐 560 sqft 🛋️ Semi-Furnished

Discover this exquisite 2 BHK property located in the prestigious Veer Mahal at Parel. Spanning an optimized 560 sq.ft. of carpet space, this semi-furnished residence is perfectly suited for modern living. Available on Rent for Rs. 100,000/month, featuring 1 Open parking.

🕒 Updated 30 May 2026

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For Rent

₹ 1.05 Lac/mo

2 Dosti Flamingos

📍 China Mill Compound, Sewree, Parel

🛏️ 2 📐 650 sqft 🛋️ Semi-Furnished

Discover this exquisite 2 BHK property located in the prestigious Dosti Flamingos at Parel. Spanning an optimized 650 sq.ft. of carpet space, this semi-furnished residence is perfectly suited for modern living. Available on Rent for Rs. 105,000/month, featuring 1 Open parking.

🕒 Updated 30 May 2026

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For Rent

₹ 1.4 Lac/mo

3 BHK Mittal Aristo

📍 Rugna Seva Marg, Opp. Bhivaji Rao Nare Park, Parel

🛏️ 3 BHK 📐 1320 sqft 🛋️ Semi-Furnished

Discover this exquisite 3 BHK property located in the prestigious Mittal Aristo at Parel. Spanning an optimized 1,320 sq.ft. of carpet space, this semi-furnished residence is perfectly suited for modern living. Available on Rent for Rs. 140,000/month, featuring 1 Open parking.

🕒 Updated 30 May 2026

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For Rent

₹ 7 Lac/mo

6 BHK Lodha Azzuro

📍 G.D.Ambedkar Road, Kalachowki,, Parel

🛏️ 6 BHK 📐 2600 sqft 🛋️ Fully Furnished

Discover this exquisite 6 BHK property located in the prestigious Lodha Azzuro at Parel. Spanning an optimized 2,600 sq.ft. of carpet space, this fully furnished residence is perfectly suited for modern living. Available on Rent for Rs. 700,000/month, featuring 1 Open parking.

🕒 Updated 30 May 2026

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For Rent

₹ 3.1 Lac/mo

3 Ashok Tower

📍 Dr. Babasaheb Ambedkar, Parel

🛏️ 3 📐 1335 sqft 🛋️ Semi-Furnished

Discover this exquisite 3 BHK property located in the prestigious Ashok Tower at Parel. Spanning an optimized 1,335 sq.ft. of carpet space, this semi-furnished residence is perfectly suited for modern living. Available on Rent for Rs. 310,000/month, featuring 1 Open parking.

🕒 Updated 30 May 2026

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For Rent

₹ 1.75 Lac/mo

3 Lodha Venezia

📍 G.D. Ambedkar Marg,, Parel

🛏️ 3 📐 1068 sqft 🛋️ Semi-Furnished 🏢 middle floor flr

Discover this exquisite 3 BHK property located in the prestigious Lodha Venezia at Parel. Spanning an optimized 1,068 sq.ft. of carpet space, this semi-furnished residence is perfectly suited for modern living. Available on Rent for Rs. 175,000/month, featuring 1 Open parking.

🕒 Updated 30 May 2026

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For Rent

₹ 7 Lac/mo

6 BHK Lodha Azzuro

📍 G.D.Ambedkar Road, Kalachowki,, Parel

🛏️ 6 BHK 📐 2600 sqft 🛋️ Fully Furnished

6BHK Flat for Sale in Lodha Azzuro, Parel | Rs. 7 Lakhs

🕒 Updated 30 May 2026

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For Rent

₹ 2.5 Lac/mo

3 BHK Kalpataru Habitat

📍 Dr. S. S. Rao Road,, Parel

🛏️ 3 BHK 📐 1329 sqft 🛋️ Semi-Furnished 🏢 Higher flr

Kalpataru Habitat | Parel | 3BHK | 1329 sqft | Semi Furnished

🕒 Updated 30 May 2026

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For Rent

₹ 1.8 Lac/mo

2 BHK Ashok Tower

📍 Dr. Babasaheb Ambedkar, Parel

🛏️ 2 BHK 📐 800 sqft 🛋️ Fully Furnished

2 BHK Flat on Rent in Ashok Tower, Parel | Rs. 1.6 Lakhs per month

🕒 Updated 30 May 2026

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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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