Discover this exquisite 3 BHK property located in the prestigious Lodha Aria at Parel. Spanning an optimized 1400 sq.ft. of carpet space, this unfurnished residence is perfectly suited for modern living. Available on Sale for Rs. 145,000, featuring 1 Open parking. Contact our property experts to schedule an exclusive viewing.

🕒 Updated 29 Apr 2026

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For Rent

₹ 1.25 Lac/mo

2 BHK Ruparel Ariana

📍 Jeribai Wadia Road, Parel

🛏️ 2 BHK 📐 801 sqft 🛋️ Semi-Furnished

Discover this exquisite 2BHK property located in the prestigious Ruparel Ariana at Parel. Spanning an optimized 801.0 sq.ft. of carpet space, this semi furnished residence is perfectly suited for modern living. Available on Rent for Rs. 125,000/month, featuring Open parking. Contact our property experts to schedule an exclusive viewing.

🕒 Updated 26 Apr 2026

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For Rent

₹ 2 Lac/mo

3 BHK Lodha Venezia

📍 G.D. Ambedkar Marg,, Parel

🛏️ 3 BHK 📐 1174 sqft 🛋️ Semi-Furnished

Discover this exquisite 3BHK property located in the prestigious Lodha Venezia at Parel. Spanning an optimized 1174.0 sq.ft. of carpet space, this semi furnished residence is perfectly suited for modern living. Available on Rent for Rs. 200,000/month, featuring Open parking. Contact our property experts to schedule an exclusive viewing.

🕒 Updated 25 Apr 2026

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For Rent

₹ 2.25 Lac/mo

3 BHK Ruparel Jewel

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

🛏️ 3 BHK 📐 2300 sqft 🛋️ Semi-Furnished

Discover this exquisite 3BHK property located in the prestigious Ruparel Jewel at Parel. Spanning an optimized 2300.0 sq.ft. of carpet space, this semi furnished residence is perfectly suited for modern living. Available on Rent for Rs. 225,000/month, featuring 2 parking. Contact our property experts to schedule an exclusive viewing.

🕒 Updated 25 Apr 2026

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For Rent

₹ 6 Lac/mo

5 BHK Kalpataru Avana

📍 Near ITC Grand Central, Parel

🛏️ 5 BHK 📐 2348 sqft 🛋️ Semi-Furnished 🏢 Lower Floor flr

🕒 Updated 24 Apr 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.

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