Mermit Tower

📍 N M Joshi Marg, Lower Parel
13Listings
6For sale
7For rent
Open ReservedParking
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Available in Mermit Tower

About Mermit Tower

Mermit Tower is a residential development in N M Joshi Marg, Lower Parel, Mumbai. Lower Parel is Mumbai's premier business and lifestyle hub, home to top corporate offices, High Street Phoenix mall, and fine dining. Available configurations include 2 BHK, 4 BHK. Rental rates from ₹1.1 L to ₹2.5 L per month. Average resale value around ₹6.2 Cr. 16 properties listed with Real Estate Mumbai. The building is well-suited for families seeking good schools and open spaces. Parking includes open reserved. Real Estate Mumbai has been assisting buyers, tenants and investors at Mermit Tower since 1993 — with verified listings, expert advisory, and end-to-end support for the Lower Parel property market.

About Lower Parel

Lower Parel is Mumbai's most dynamic live-work-play destination. Once an industrial mill district, it has transformed into a hub of premium office towers (Kamala Mills, Peninsula Business Park, One Indiabulls Centre), luxury malls (High Street Phoenix, Palladium), and fine dining. Excellent connectivity via the Western Railway and Eastern Freeway makes it popular with corporate professionals. New residential towers here command premium rents and resale values.

📊 Property rates in Lower Parel

Apartments — buy₹60,000–105,000/sqft
1 BHK — rent₹65,000–1.4 Lac/mo
2 BHK — rent₹1.65 Lac–2.75 Lac/mo
3 BHK — rent₹3.3 Lac–6.6 Lac/mo
Commercial — lease₹330–660/sqft
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Updated May 2026 · Real Estate Mumbai research

Frequently asked questions about Mermit Tower

How many flats are available in Mermit Tower?
13 verified properties are currently listed in Mermit Tower, Lower Parel on Real Estate Mumbai — with photos, carpet area, price and RERA details.
What is the rent in Mermit Tower?
Flats in Mermit Tower typically rent for ₹110,000 to ₹140,000 per month, depending on configuration, floor and furnishing.
What is the price of flats in Mermit Tower?
The average resale price in Mermit Tower is approximately ₹59,683,333, varying by floor, view and condition.

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