Property rates in Lower Parel 2026
As of 11 November 2026, flats for sale in Lower Parel have a median asking price of ₹66,600 per sq ft (carpet), from 188 live listings; the middle half ask ₹54,100 – ₹77,000. A 2 BHK rents for a median ₹1.40 Lakh a month.
Lower Parel property market: prices and rents by size, buildings, Q&A →
Lower Parel office market: rents by size, buildings, Q&A →
What are the property rates in Lower Parel?
| Type | Rate |
|---|---|
| Flats for sale — median asking, live (188 listings, 11 November 2026) | ₹66,600 /sq ft |
| Flats for sale — middle half of live listings | ₹54,100 – ₹77,000 /sq ft |
| Apartments — buy, researched range (October 2026) | ₹60,000 – ₹1,05,000 /sq ft |
| 1 BHK — rent | ₹65K – ₹1.40 Lakh /month |
| 2 BHK — rent | ₹1.65 Lakh – ₹2.75 Lakh /month |
| 3 BHK — rent | ₹3.30 Lakh – ₹6.60 Lakh /month |
| 4 BHK — rent | ₹4.40 Lakh – ₹8.80 Lakh /month |
| Commercial — buy | ₹75,000 – ₹1,10,000 /sq ft |
| Commercial — lease | ₹330 – ₹660/sqft/mo |
Live figures are the median and middle half of asking prices per sq ft (carpet) of flats listed for sale in Lower Parel on Real Estate Mumbai, recalculated daily. Researched rates are carpet-area, indicative ranges from our tracked transactions and inventory in Lower Parel.
Building-level rates in Lower Parel
Live median price and rent for the most-listed buildings, with a rent-or-buy signal. Tap a building for the full picture.
| Building | Sale ₹/sq ft | Rent (median) | Yield |
|---|---|---|---|
| IndiaBulls Sky Forest | ₹67,796 | ₹4,00,000 | 3.22% |
| Lodha World View | ₹79,179 | ₹5,77,500 | 5.0% |
| Lodha World One | ₹65,142 | ₹6,50,000 | 5.08% |
| Lodha World Crest | ₹62,135 | ₹5,75,000 | 5.05% |
| One Avighna Park | ₹85,185 | ₹6,00,000 | 3.25% |
| Lodha Signet | ₹1,20,000 | ₹1,53,000 | 4.38% |
| Lodha Supremus | ₹95,000 | ₹7,50,000 | — |
| Marathon Futurex | ₹74,970 | ₹2,55,000 | 5.33% |
| Lodha Vista | ₹60,492 | ₹1,55,000 | 4.45% |
| Darshan Rico | ₹58,113 | ₹2,22,500 | 4.59% |
| The Baya Central | ₹44,117 | ₹1,10,000 | — |
| Casa Grande | ₹75,558 | ₹3,80,000 | 3.74% |
Lower Parel market overview (October 2026 survey)
Outright residential rates range from ₹47,500 per sqft in entry-level resale complexes (such as India Bulls Sky Forest) up to over ₹78,947 per sqft in premium structures (like World Towers). Lease rentals are strongly aligned with configuration sizes: compact 2 BHK layouts like Unity Tower (430 sqft) rent at around ₹1 Lac/mo, whereas expansive 4 BHK layouts in developments like One Avighna Park (2950 sqft) command premium rentals of ₹4.75 Lac/mo.
The commercial sector operates under separate market forces, where commercial outright spaces sell at ₹60,109 per sqft in business complexes like Sunshine Tower and leases command ₹14 Lac/mo per month in nodes like Sunshine Tower. Commercial properties in Lower Parel follow distinct business and retail yield dynamics, where commercial spaces trade between ₹75,000 and ₹110,000/sf outright and commercial rents lease at around ₹330 to ₹660/sf per month.
Property rates by neighbourhood in Lower Parel
Live homes to rent and buy in each part of Lower Parel — every neighbourhood page carries its own asking rates.
About Lower Parel
Former textile mills transformed into Mumbai's trendiest commercial hub with malls, offices, and nightlife.
- Connectivity
- Lower Parel stn (Western line)
- Landmarks
- Palladium Mall, Kamala Mills, Phoenix
- Best for
- Corporate Hub, Nightlife, Shopping
Homes for sale and rent in Lower Parel
Latest to rent
All 260 homes to rent in Lower Parel →
Latest to buy
Everything we do in Lower Parel
Homes to rent and buy, new projects under construction, and offices to lease or buy — one Real Estate Mumbai team for all of it.
New projects in Lower Parel
| Project | Builder | Rate | Status |
|---|---|---|---|
| Sarvesh One | Sarvesh Enterprises | ₹42,495/sq ft | Under Construction |
| S3 Epitome | S3 Group | ₹47,510/sq ft | Under Construction |
| Lodha World Towers | Lodha Group | ₹69,560/sq ft | Ready Possession |
| Lodha Vista | Lodha Group | ₹55,504/sq ft | Ready Possession |
| Adi Darsshan | Promesa Realty | ₹45,000/sq ft | Under Construction |
| Lodha World View | Lodha Group | ₹72,418/sq ft | Ready Possession |
| The Grand | Bhojwani Builders | — | Under Construction |
Who is looking in Lower Parel
We have received 391 buyer and tenant enquiries for Lower Parel — 217 looking to buy and 83 to rent. The most-wanted size is 2 BHK & 3 BHK.
Own a home in Lower Parel?
391 buyers and tenants are already looking. List it and we'll match you to genuine demand.
Lower Parel property rates, answered
What is the price per sq ft of flats in Lower Parel in 2026?
What is the property rate in Lower Parel?
What is the rent for a 2 BHK in Lower Parel?
What are commercial property rates in Lower Parel?
Live figures 11 November 2026 · researched ranges October 2026 · Lower Parel rates tracked by Real Estate Mumbai since 1995 · compiled by Sandeep Sadh.
