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

₹ 1.45 Lac/mo

3 BHK Lodha Aria

📍 Near Dosti Flamingos and Ashok Garden, Parel

🛏️ 3 BHK 📐 1525 sqft 🛋️ Semi-Furnished

Positioned in sought-after Parel, Lodha Aria offers a 3 BHK home near the Worli-Lower Parel axis. The semi-furnished layout spans 1,525 sq.ft, and Open Reserved parking on offer. Leasing at ₹1.45 Lac with a deposit of ₹5 Lac — a smart pick for Parel living.

🕒 Updated 15 Jan 2026

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For Rent

₹ 1.5 Lac/mo

1 BHK Kalpataru Avana

📍 Near ITC Grand Central, Parel

🛏️ 1 BHK 📐 400 sqft 🛋️ Fully Furnished

Kalpataru Avana presents a thoughtfully laid-out 1 BHK home in Parel, near excellent rail connectivity. It comes fully furnished, with 400 sq.ft. of carpet space. Yours to rent at ₹1.50 Lac with a deposit of ₹6 Lac. Book a viewing at your convenience.

🕒 Updated 14 Jan 2026

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For Rent

₹ 2 Lac/mo

2½ BHK L&T Crescent Bay

📍 Jerbai Wadia Road, Parel

🛏️ 2½ BHK 📐 1250 sqft 🛋️ Unfurnished

Set in L&T Crescent Bay, this 2½ BHK home in Parel offers Phoenix and Kamala Mills nearby. Expect an unfurnished interior across 1,250 sq.ft, complete with Open Reserved parking. Leasing at ₹2 Lac with a deposit of ₹8 Lac — a smart pick for Parel living.

🕒 Updated 14 Jan 2026

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For Rent

₹ 1.6 Lac/mo

2 BHK Lodha Venezia

📍 G.D. Ambedkar Marg,, Parel

🛏️ 2 BHK 📐 740 sqft 🛋️ Unfurnished

Welcome to Lodha Venezia: a 2 BHK home in Parel, where residents enjoy the Worli-Lower Parel axis. The unfurnished layout spans 740 sq.ft, with Open Reserved parking included. On offer for ₹1.60 Lac per month with a deposit of ₹6.40 Lac. Enquire to schedule a visit.

🕒 Updated 14 Jan 2026

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For Rent

₹ 1.55 Lac/mo

2 BHK Lodha Primo

📍 Close to ITC Grand Central, Dr Earnest Borges Rd, Parel

🛏️ 2 BHK 📐 970 sqft 🛋️ Semi-Furnished

This 2 BHK home at Lodha Primo brings Parel living within reach of excellent rail connectivity. It comes semi-furnished, with 970 sq.ft. of carpet space, complete with Open Reserved parking. Leasing at ₹1.55 Lac with a deposit of ₹6.20 Lac — a smart pick for Parel living.

🕒 Updated 14 Jan 2026

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For Rent

₹ 1.3 Lac/mo

2 BHK Ruparel Ariana

📍 Jeribai Wadia Road, Parel

🛏️ 2 BHK 📐 770 sqft 🛋️ Fully Furnished

Discover space and light in this 2 BHK home at Ruparel Ariana, Parel — close to Phoenix and Kamala Mills nearby. Expect a fully furnished interior across 770 sq.ft, with Open Reserved parking included. Available now on rent at ₹1.30 Lac with a deposit of ₹5.20 Lac — arrange a viewing today.

🕒 Updated 14 Jan 2026

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For Rent

₹ 1.4 Lac/mo

3 BHK Matoshree Pride

📍 G.D. Ambekar Marg, Near K.E.M Hospital, Behind Haffkine Institute, Parel

🛏️ 3 BHK 📐 1180 sqft 🛋️ Semi-Furnished

Matoshree Pride presents a thoughtfully laid-out 3 BHK home in Parel, near excellent rail connectivity. It comes semi-furnished, with 1,180 sq.ft. of carpet space, with Open, Open Reserved parking included. Leasing at ₹1.40 Lac with a deposit of ₹5.60 Lac — a smart pick for Parel living.

🕒 Updated 13 Jan 2026

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For Rent

₹ 1.6 Lac/mo

3 BHK Lodha Aria

📍 Near Dosti Flamingos and Ashok Garden, Parel

🛏️ 3 BHK 📐 1525 sqft 🛋️ Semi-Furnished 🏢 6 flr

An inviting 3 BHK home in the heart of Parel at Lodha Aria, steps from the corporate towers of central Mumbai. On the 6 floor, offered semi-furnished, it measures 1,525 sq.ft, and Open Reserved parking on offer. Move-in ready at ₹1.60 Lac with a deposit of ₹6.40 Lac; reach out for an inspection.

🕒 Updated 13 Jan 2026

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For Rent

₹ 1.6 Lac/mo

2 BHK Lodha Venezia

📍 G.D. Ambedkar Marg,, Parel

🛏️ 2 BHK 📐 740 sqft 🛋️ Unfurnished

Experience Parel from Lodha Venezia: a 2 BHK home surrounded by the corporate towers of central Mumbai. Offered unfurnished, it measures 740 sq.ft, with Open Reserved parking included. Move-in ready at ₹1.60 Lac with a deposit of ₹6.40 Lac; reach out for an inspection.

🕒 Updated 07 Jan 2026

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For Rent

₹ 1.5 Lac/mo

2 BHK Lodha Primo

📍 Close to ITC Grand Central, Dr Earnest Borges Rd, Parel

🛏️ 2 BHK 📐 1000 sqft 🛋️ Semi-Furnished

Live well in Parel — this 2 BHK home at Lodha Primo sits close to Phoenix and Kamala Mills nearby. Presented in semi-furnished condition, and Open Reserved parking on offer. On offer for ₹1.50 Lac per month with a deposit of ₹6 Lac. Enquire to schedule a visit.

🕒 Updated 07 Jan 2026

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For Rent

₹ 2 Lac/mo

2½ BHK L&T Crescent Bay

📍 Jerbai Wadia Road, Parel

🛏️ 2½ BHK 📐 1250 sqft 🛋️ Unfurnished

Positioned in sought-after Parel, L&T Crescent Bay offers a 2½ BHK home near the Worli-Lower Parel axis. The unfurnished layout spans 1,250 sq.ft, and Open Reserved parking on offer. Leasing at ₹2 Lac with a deposit of ₹8 Lac — a smart pick for Parel living.

🕒 Updated 07 Jan 2026

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For Rent

₹ 1.15 Lac/mo

2 BHK Ruparel Ariana

📍 Jeribai Wadia Road, Parel

🛏️ 2 BHK 📐 770 sqft 🛋️ Unfurnished

Ruparel Ariana presents a thoughtfully laid-out 2 BHK home in Parel, near excellent rail connectivity. It comes unfurnished, with 770 sq.ft. of carpet space, with Open Reserved parking included. Available now on rent at ₹1.15 Lac with a deposit of ₹4.60 Lac — arrange a viewing today.

🕒 Updated 07 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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