Flats on Rent in Parel

171 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 49 Jerbai Wadia Road 46 Jeribai Wadia Road 29

For Rent

₹ 1.85 Lac/mo

3 BHK Crescent Bay Tower 3

📍 Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel

🛏️ 3 BHK 📐 2100 sqft 🛋️ Semi-Furnished

Crafted for modern living, this 3 BHK home in Crescent Bay Tower 3, Parel, enjoys the Worli-Lower Parel axis. The semi-furnished layout spans 2,100 sq.ft, complete with 1 Open parking. Available now on rent at ₹1.85 Lac with a deposit of ₹11.10 Lac — arrange a viewing today.

🕒 Updated 27 May 2026

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For Rent

₹ 2.75 Lac/mo

3 BHK Ashok Tower

📍 Dr. Babasaheb Ambedkar, Parel

🛏️ 3 BHK 📐 2130 sqft 🛋️ Fully Furnished

Crafted for modern living, this 3 BHK home in Ashok Tower, Parel, enjoys the Worli-Lower Parel axis. The fully furnished layout spans 2,130 sq.ft, complete with 1 Open parking. Available now on rent at ₹2.75 Lac with a deposit of ₹16.50 Lac — arrange a viewing today.

🕒 Updated 27 May 2026

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For Rent

₹ 1.6 Lac/mo

3 BHK Ruparel Jewel

📍 Jerbai Wadia Rd, Bhoiwada, Parel, Opposite Crescent Bay, Parel

🛏️ 3 BHK 📐 2300 sqft 🛋️ Semi-Furnished

Tucked into Parel, this 3 BHK home at Ruparel Jewel pairs comfort with the corporate towers of central Mumbai. Offered semi-furnished, it measures 2,300 sq.ft, complete with 2 parking. Leasing at ₹1.60 Lac with a deposit of ₹4.80 Lac — a smart pick for Parel living.

🕒 Updated 27 May 2026

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For Rent

₹ 2 Lac/mo

3 BHK Runwal Nirvana

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

🛏️ 3 BHK 🛋️ Fully Furnished

Set in Runwal Nirvana, this 3 BHK home in Parel offers Phoenix and Kamala Mills nearby. Presented in fully furnished condition, complete with 1 Open parking. Available now on rent at ₹2 Lac with a deposit of ₹6 Lac — arrange a viewing today.

🕒 Updated 27 May 2026

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For Rent

₹ 2 Lac/mo

3 BHK Lodha Azzuro

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

🛏️ 3 BHK 📐 1150 sqft 🛋️ Semi-Furnished

Discover space and light in this 3 BHK home at Lodha Azzuro, Parel — close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,150 sq.ft, with 1 Open parking included. Available now on rent at ₹2 Lac with a deposit of ₹6 Lac — arrange a viewing today.

🕒 Updated 26 May 2026

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For Rent

₹ 1.8 Lac/mo

3 BHK Runwal Nirvana

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

🛏️ 3 BHK 🛋️ Semi-Furnished

Set in Runwal Nirvana, this 3 BHK home in Parel offers Phoenix and Kamala Mills nearby. Presented in semi-furnished condition, complete with 1 Open parking. On offer for ₹1.80 Lac per month with a deposit of ₹5.40 Lac. Enquire to schedule a visit.

🕒 Updated 26 May 2026

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For Rent

₹ 1.5 Lac/mo

3 BHK Ruparel Ariana

📍 Jeribai Wadia Road, Parel

🛏️ 3 BHK 📐 1250 sqft 🛋️ Semi-Furnished

Welcome to Ruparel Ariana: a 3 BHK home in Parel, where residents enjoy the Worli-Lower Parel axis. The semi-furnished layout spans 1,250 sq.ft, with 1 Open parking included. Available now on rent at ₹1.50 Lac with a deposit of ₹4.50 Lac — arrange a viewing today.

🕒 Updated 26 May 2026

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For Rent

₹ 1.6 Lac/mo

3 BHK Omkar Veda

📍 Eknath Ghadi Marg, Parmanand Wadi,, Parel

🛏️ 3 BHK 📐 1250 sqft 🛋️ Semi-Furnished

Omkar Veda presents a thoughtfully laid-out 3 BHK home in Parel, near excellent rail connectivity. It comes semi-furnished, with 1,250 sq.ft. of carpet space, with 1 Open parking included. Available now on rent at ₹1.60 Lac with a deposit of ₹4.80 Lac — arrange a viewing today.

🕒 Updated 26 May 2026

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For Rent

₹ 2.3 Lac/mo

3 BHK Evita Empress

📍 G D Ambedkar Road, Parel

🛏️ 3 BHK 📐 1550 sqft 🛋️ Fully Furnished

Live well in Parel — this 3 BHK home at Evita Empress sits close to Phoenix and Kamala Mills nearby. Expect a fully furnished interior across 1,550 sq.ft, and 1 Open parking on offer. Available now on rent at ₹2.30 Lac with a deposit of ₹6.90 Lac — arrange a viewing today.

🕒 Updated 26 May 2026

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For Rent

₹ 2.25 Lac/mo

3 BHK Crescent Bay Tower 3

📍 Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel

🛏️ 3 BHK 📐 1470 sqft 🛋️ Semi-Furnished

Crescent Bay Tower 3 presents a thoughtfully laid-out 3 BHK home in Parel, near excellent rail connectivity. It comes semi-furnished, with 1,470 sq.ft. of carpet space, with 1 Open parking included. Move-in ready at ₹2.25 Lac with a deposit of ₹9 Lac; reach out for an inspection.

🕒 Updated 26 May 2026

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For Rent

₹ 1.4 Lac/mo

3 BHK Lodha Aria

📍 Near Dosti Flamingos and Ashok Garden, Parel

🛏️ 3 BHK 📐 1500 sqft 🛋️ Semi-Furnished

Live well in Parel — this 3 BHK home at Lodha Aria sits close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,500 sq.ft, and 1 Open parking on offer. Yours to rent at ₹1.40 Lac with a deposit of ₹4.20 Lac. Book a viewing at your convenience.

🕒 Updated 26 May 2026

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For Rent

₹ 2.75 Lac/mo

3 BHK L&T Crescent Bay

📍 Jerbai Wadia Road, Parel

🛏️ 3 BHK 📐 1800 sqft 🛋️ Semi-Furnished

Discover space and light in this 3 BHK home at L&T Crescent Bay, Parel — close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,800 sq.ft, with 2 Covered parking included. Leasing at ₹2.75 Lac with a deposit of ₹11 Lac — a smart pick for Parel living.

🕒 Updated 26 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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