Flats on Rent in Parel

303 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 54 Dr. Babasaheb Ambedkar 40 Jerbai Wadia Road 37 Jeribai Wadia Road 23

For Rent

₹ 2.5 Lac/mo

3 BHK Ashok Tower

📍 Dr. Babasaheb Ambedkar, Parel

🛏️ 3 BHK 📐 1500 sqft 🛋️ Unfurnished

Premium 3 BHK property available for lease in Ashok Tower, Parel. The property spans a spacious 1500 sq.ft. carpet area. It includes 1 covered parking. The space is offered in unfurnished condition.

🕒 Updated 26 May 2026

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For Rent

₹ 1.7 Lac/mo

3 BHK Lodha Azzuro

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

🛏️ 3 BHK 📐 1280 sqft 🛋️ Semi-Furnished

Premium 3 BHK property available for lease in Lodha Azzuro, Parel. The property spans a spacious 1280 sq.ft. carpet area. It includes 2 covered parking. The space is offered in semi furnished condition.

🕒 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

Premium 3 BHK property available for lease in L&T Crescent Bay, Parel. The property spans a spacious 1800 sq.ft. carpet area. It includes 2 covered parking. The space is offered in semi furnished condition.

🕒 Updated 26 May 2026

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For Rent

₹ 3 Lac/mo

3 BHK Ashok Tower

📍 Dr. Babasaheb Ambedkar, Parel

🛏️ 3 BHK 📐 1335 sqft 🛋️ Semi-Furnished

Premium 3 BHK property available for lease in Ashok Tower, Parel. The property spans a spacious 1335 sq.ft. carpet area. It includes 2 covered parking. The space is offered in semi furnished condition.

🕒 Updated 26 May 2026

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For Rent

₹ 6.5 Lac/mo

4 BHK Kalpataru Avana

📍 Near ITC Grand Central, Parel

🛏️ 4 BHK 📐 2900 sqft 🛋️ Semi-Furnished

Premium 4 BHK property available for lease in Kalpataru Avana, Parel. The property spans a spacious 2900 sq.ft. carpet area. It includes 3 covered parking. The space is offered in semi furnished condition.

🕒 Updated 26 May 2026

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For Rent

₹ 1.8 Lac/mo

3 BHK Lodha Primo

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

🛏️ 3 BHK 📐 1100 sqft 🛋️ Unfurnished

Premium 3 BHK property available for lease in Lodha Primo, Parel. The property spans a spacious 1100 sq.ft. carpet area. It includes 2 covered parking. The space is offered in unfurnished condition.

🕒 Updated 26 May 2026

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For Rent

₹ 1.45 Lac/mo

2 BHK L&T Crescent Bay

📍 Jerbai Wadia Road, Parel

🛏️ 2 BHK 📐 850 sqft 🛋️ Unfurnished

Premium 2 BHK property available for lease in L&T Crescent Bay, Parel. The property spans a spacious 850 sq.ft. carpet area. It includes 1 covered parking. The space is offered in unfurnished condition.

🕒 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 📐 1380 sqft 🛋️ Unfurnished

Premium 3 BHK property available for lease in Omkar Veda, Parel. The property spans a spacious 1380 sq.ft. carpet area. It includes 2 covered parking. The space is offered in unfurnished condition.

🕒 Updated 26 May 2026

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For Rent

₹ 2.3 Lac/mo

2½ BHK L&T Crescent Bay

📍 Jerbai Wadia Road, Parel

🛏️ 2½ BHK 📐 1100 sqft 🛋️ Fully Furnished 🏢 Middle flr

🕒 Updated 25 May 2026

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For Rent

₹ 1.35 Lac/mo

2 BHK Runwal Nirvana

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

🛏️ 2 BHK 📐 708 sqft 🛋️ Semi-Furnished

🕒 Updated 22 May 2026

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For Rent

₹ 50,000/mo

1 BHK Ruparel Nova

📍 Jerbai Wadia Rd, Near Ruparel Ariana, Bhoiwada, , Parel

🛏️ 1 BHK 📐 400 sqft 🛋️ Unfurnished

🕒 Updated 22 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 📐 1100 sqft 🛋️ Semi-Furnished

🕒 Updated 22 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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