Flats on Rent in Parel

317 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 55 Dr. Babasaheb Ambedkar 46 Jerbai Wadia Road 42 Jeribai Wadia Road 26

For Rent

₹ 1.1 Lac/mo

2 BHK Runwal Nirvana

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

🛏️ 2 BHK 📐 728 sqft 🛋️ Semi-Furnished 🏢 Middle flr

Set in Runwal Nirvana, this 2 BHK home in Parel offers Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 728 sq.ft, complete with Open Reserved parking. Leasing at ₹1.10 Lac with a deposit of ₹4.40 Lac — a smart pick for Parel living.

🕒 Updated 10 Oct 2025

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For Rent

₹ 1.8 Lac/mo

3 BHK Runwal Nirvana

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

🛏️ 3 BHK 📐 1335 sqft 🛋️ Unfurnished

A standout 3 BHK home awaits at Runwal Nirvana, Parel — moments from excellent rail connectivity. It comes unfurnished, with 1,335 sq.ft. of carpet space, 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 08 Oct 2025

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For Rent

₹ 2.6 Lac/mo

3 BHK Anchor Victorian

📍 Meghwadi, Lal Baug, Parel

🛏️ 3 BHK 📐 2000 sqft 🛋️ Unfurnished

Experience Parel from Anchor Victorian: a 3 BHK home surrounded by the corporate towers of central Mumbai. Offered unfurnished, it measures 2,000 sq.ft, with Open Reserved parking included. Yours to rent at ₹2.60 Lac with a deposit of ₹10.40 Lac. Book a viewing at your convenience.

🕒 Updated 08 Oct 2025

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For Rent

₹ 1.8 Lac/mo

2 BHK L&T Crescent Bay

📍 Jerbai Wadia Road, Parel

🛏️ 2 BHK 📐 970 sqft 🛋️ Fully Furnished

L&T Crescent Bay presents a thoughtfully laid-out 2 BHK home in Parel, near excellent rail connectivity. It comes fully furnished, with 970 sq.ft. of carpet space, with Open Reserved parking included. On offer for ₹1.80 Lac per month with a deposit of ₹7.20 Lac. Enquire to schedule a visit.

🕒 Updated 08 Oct 2025

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For Rent

₹ 8 Lac/mo

3 BHK Kalpataru Avana

📍 Near ITC Grand Central, Parel

🛏️ 3 BHK 📐 3200 sqft 🛋️ Unfurnished

Set in Kalpataru Avana, this 3 BHK home in Parel offers Phoenix and Kamala Mills nearby. Expect an unfurnished interior across 3,200 sq.ft.. Leasing at ₹8 Lac with a deposit of ₹32 Lac — a smart pick for Parel living.

🕒 Updated 24 Sep 2025

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For Rent

₹ 5.5 Lac/mo

5 BHK Kalpataru Avana

📍 Near ITC Grand Central, Parel

🛏️ 5 BHK 📐 2455 sqft 🛋️ Semi-Furnished

Experience Parel from Kalpataru Avana: a 5 BHK home surrounded by the corporate towers of central Mumbai. Offered semi-furnished, it measures 2,455 sq.ft, with Open Reserved parking included. Yours to rent at ₹5.50 Lac with a deposit of ₹22 Lac. Book a viewing at your convenience.

🕒 Updated 04 Sep 2025

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For Rent

₹ 2 Lac/mo

3 BHK Runwal Nirvana

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

🛏️ 3 BHK 📐 1358 sqft 🛋️ Semi-Furnished

Discover space and light in this 3 BHK home at Runwal Nirvana, Parel — close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 1,358 sq.ft, with Open Reserved parking included. Move-in ready at ₹2 Lac with a deposit of ₹8 Lac; reach out for an inspection.

🕒 Updated 04 Sep 2025

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For Rent

₹ 1.6 Lac/mo

3 BHK Royal Residency

📍 Nr, Lalbaugcha Raja, Parel

🛏️ 3 BHK 📐 1100 sqft 🛋️ Fully Furnished

Experience Parel from Royal Residency: a 3 BHK home surrounded by the corporate towers of central Mumbai. Offered fully furnished, it measures 1,100 sq.ft.. Available now on rent at ₹1.60 Lac — arrange a viewing today.

🕒 Updated 04 Sep 2025

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For Rent

₹ 1.35 Lac/mo

2 BHK Lodha Venezia

📍 G.D. Ambedkar Marg,, Parel

🛏️ 2 BHK 📐 834 sqft 🛋️ Semi-Furnished

Live well in Parel — this 2 BHK home at Lodha Venezia sits close to Phoenix and Kamala Mills nearby. Expect a semi-furnished interior across 834 sq.ft, and Open Reserved parking on offer. On offer for ₹1.35 Lac per month with a deposit of ₹5.40 Lac. Enquire to schedule a visit.

🕒 Updated 03 Sep 2025

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For Rent

₹ 5 Lac/mo

5 BHK Anchor Victorian

📍 Meghwadi, Lal Baug, Parel

🛏️ 5 BHK 📐 3800 sqft 🛋️ Fully Furnished

Tucked into Parel, this 5 BHK home at Anchor Victorian pairs comfort with the corporate towers of central Mumbai. Offered fully furnished, it measures 3,800 sq.ft, complete with Open Reserved parking. Yours to rent at ₹5 Lac with a deposit of ₹20 Lac. Book a viewing at your convenience.

🕒 Updated 03 Sep 2025

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For Rent

₹ 1.85 Lac/mo

3 BHK Lodha Azzuro

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

🛏️ 3 BHK 📐 1200 sqft 🛋️ Unfurnished

This 3 BHK home at Lodha Azzuro brings Parel living within reach of excellent rail connectivity. It comes unfurnished, with 1,200 sq.ft. of carpet space. Available now on rent at ₹1.85 Lac with a deposit of ₹7 Lac — arrange a viewing today.

🕒 Updated 21 Aug 2025

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For Rent

₹ 1.15 Lac/mo

2 BHK Vardhman Estate

📍 Lal Baug, Parel

🛏️ 2 BHK 📐 710 sqft 🛋️ Fully Furnished

An inviting 2 BHK home in the heart of Parel at Vardhman Estate, steps from the corporate towers of central Mumbai. Offered fully furnished, it measures 710 sq.ft.. Yours to rent at ₹1.15 Lac with a deposit of ₹3.50 Lac. Book a viewing at your convenience.

🕒 Updated 16 Aug 2025

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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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