Flats on Rent in Parel

334 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

₹ 2 Lac/mo

3 BHK Runwal Nirvana

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

🛏️ 3 BHK 📐 1350 sqft 🛋️ Semi-Furnished

Live well in Parel — this 3 BHK home at Runwal Nirvana sits close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,350 sq.ft, and Open Reserved parking on offer. Leasing at ₹2 Lac with a deposit of ₹12 Lac — a smart pick for Parel living.

🕒 Updated 06 Feb 2026

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For Rent

₹ 7 Lac/mo

5 BHK Kalpataru Avana

📍 Near ITC Grand Central, Parel

🛏️ 5 BHK 📐 2455 sqft 🛋️ Semi-Furnished

Discover space and light in this 5 BHK home at Kalpataru Avana, Parel — close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 2,455 sq.ft, with Open Reserved parking included. On offer for ₹7 Lac per month with a deposit of ₹28 Lac. Enquire to schedule a visit.

🕒 Updated 31 Jan 2026

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For Rent

₹ 1.5 Lac/mo

1 BHK Kalpataru Avana

📍 Near ITC Grand Central, Parel

🛏️ 1 BHK 📐 1000 sqft 🛋️ Fully Furnished

Tucked into Parel, this 1 BHK home at Kalpataru Avana pairs comfort with the corporate towers of central Mumbai. It comes fully furnished, ready to move in, complete with Open Reserved parking. Yours to rent at ₹1.50 Lac with a deposit of ₹6 Lac. Book a viewing at your convenience.

🕒 Updated 31 Jan 2026

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For Rent

₹ 1.75 Lac/mo

3 BHK Lodha Venezia

📍 G.D. Ambedkar Marg,, Parel

🛏️ 3 BHK 📐 1177 sqft 🛋️ Unfurnished

A standout 3 BHK home awaits at Lodha Venezia, Parel — moments from excellent rail connectivity. It comes unfurnished, with 1,177 sq.ft. of carpet space, and Open Reserved parking on offer. Leasing at ₹1.75 Lac with a deposit of ₹7 Lac — a smart pick for Parel living.

🕒 Updated 30 Jan 2026

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For Rent

₹ 7 Lac/mo

4 BHK Kalpataru Avana

📍 Near ITC Grand Central, Parel

🛏️ 4 BHK 📐 2000 sqft 🛋️ Semi-Furnished 🏢 Higher flr

Welcome to Kalpataru Avana: a 4 BHK home in Parel, where residents enjoy the Worli-Lower Parel axis. Positioned on the Higher floor, the home is offered semi-furnished, with Open Reserved parking included. On offer for ₹7 Lac per month with a deposit of ₹42 Lac. Enquire to schedule a visit.

🕒 Updated 28 Jan 2026

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For Rent

₹ 80,000/mo

1 BHK Ashok Tower

📍 Dr. Babasaheb Ambedkar, Parel

🛏️ 1 BHK 📐 375 sqft 🛋️ Fully Furnished

An inviting 1 BHK home in the heart of Parel at Ashok Tower, steps from the corporate towers of central Mumbai. Offered fully furnished, it measures 375 sq.ft, and Open Reserved parking on offer. On offer for ₹80,000 per month with a deposit of ₹4.80 Lac. Enquire to schedule a visit.

🕒 Updated 25 Jan 2026

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For Rent

₹ 5.5 Lac/mo

5 BHK Ashok Tower

📍 Dr. Babasaheb Ambedkar, Parel

🛏️ 5 BHK 📐 2700 sqft 🛋️ Semi-Furnished

Crafted for modern living, this 5 BHK home in Ashok Tower, Parel, enjoys the Worli-Lower Parel axis. The semi-furnished layout spans 2,700 sq.ft, complete with Open parking. Leasing at ₹5.50 Lac with a deposit of ₹22 Lac — a smart pick for Parel living.

🕒 Updated 24 Jan 2026

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For Rent

₹ 1.8 Lac/mo

2 BHK L&T Crescent Bay

📍 Jerbai Wadia Road, Parel

🛏️ 2 BHK 📐 970 sqft 🛋️ Semi-Furnished

Live well in Parel — this 2 BHK home at L&T Crescent Bay sits close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 970 sq.ft, and Open Reserved parking on offer. Yours to rent at ₹1.80 Lac with a deposit of ₹7.20 Lac. Book a viewing at your convenience.

🕒 Updated 23 Jan 2026

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For Rent

₹ 1.65 Lac/mo

3 BHK Lodha Venezia

📍 G.D. Ambedkar Marg,, Parel

🛏️ 3 BHK 📐 1180 sqft 🛋️ Semi-Furnished 🏢 Middle flr

Discover space and light in this 3 BHK home at Lodha Venezia, Parel — close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,180 sq.ft, with Open parking included. Yours to rent at ₹1.65 Lac with a deposit of ₹6.60 Lac. Book a viewing at your convenience.

🕒 Updated 23 Jan 2026

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For Rent

₹ 1.65 Lac/mo

3 BHK Lodha Azzuro

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

🛏️ 3 BHK 📐 1150 sqft 🛋️ Semi-Furnished

Tucked into Parel, this 3 BHK home at Lodha Azzuro pairs comfort with the corporate towers of central Mumbai. Offered semi-furnished, it measures 1,150 sq.ft, complete with Open Reserved parking. On offer for ₹1.65 Lac per month with a deposit of ₹7 Lac. Enquire to schedule a visit.

🕒 Updated 23 Jan 2026

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For Rent

₹ 7 Lac/mo

4 BHK Kalpataru Avana

📍 Near ITC Grand Central, Parel

🛏️ 4 BHK 📐 2455 sqft 🛋️ Semi-Furnished

Kalpataru Avana presents a thoughtfully laid-out 4 BHK home in Parel, near excellent rail connectivity. A semi-furnished interior awaits, with Open Reserved parking included. On offer for ₹7 Lac per month with a deposit of ₹42 Lac. Enquire to schedule a visit.

🕒 Updated 22 Jan 2026

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For Rent

₹ 1.9 Lac/mo

3 BHK Runwal Nirvana

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

🛏️ 3 BHK 📐 1350 sqft 🛋️ Unfurnished

Discover space and light in this 3 BHK home at Runwal Nirvana, Parel — close to Phoenix and Kamala Mills nearby. Expect an unfurnished interior across 1,350 sq.ft, with Open Reserved parking included. Available now on rent at ₹1.90 Lac with a deposit of ₹7.60 Lac — arrange a viewing today.

🕒 Updated 20 Jan 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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