For Sale
Property Rates in Lower Parel (2026)
Worli to Mahim · Buy & rent prices per sq ft · researched & updated by our team — May 2026
Apartments in Lower Parel sell for about ₹60,000 – ₹1,05,000 per sq ft (carpet), and a 2 BHK rents for ₹1.65 Lac – ₹2.75 Lac per month. Commercial space is around ₹75,000 – ₹1,10,000 per sq ft, as of May 2026. Real Estate Mumbai has tracked Lower Parel property rates since 1995, with 433 flats for sale, 612 on rent and 6 new projects live now.
What are the property rates in Lower Parel?
| Type | Rate (May 2026) |
|---|---|
| Apartments — buy | ₹60,000 – ₹1,05,000 /sq ft |
| 1 BHK — rent | ₹65K – ₹1.40 Lac /month |
| 2 BHK — rent | ₹1.65 Lac – ₹2.75 Lac /month |
| 3 BHK — rent | ₹3.30 Lac – ₹6.60 Lac /month |
| 4 BHK — rent | ₹4.40 Lac – ₹8.80 Lac /month |
| Commercial — buy | ₹75,000 – ₹1,10,000 /sq ft |
| Commercial — lease | ₹330 – ₹660/sqft/mo |
Rates are carpet-area, indicative ranges based on Real Estate Mumbai's tracked transactions and current inventory in Lower Parel.
Lower Parel market overview
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.
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
Properties for sale & rent in Lower Parel
Latest for sale
View all 433 flats for sale in Lower Parel →
Latest on rent
View all 612 flats on rent in Lower Parel →
Buyer & tenant demand in Lower Parel
Real Estate Mumbai has received 287 buyer & tenant enquiries for Lower Parel — 166 looking to buy and 41 to rent. The most-wanted configuration is 2 BHK & 1 BHK.
Own a property in Lower Parel? 287 buyers & tenants are already looking — list it free and our advisors will match you to genuine demand.
💬 List my Lower Parel propertyBuilding-level rates in Lower Parel
Live median price and rent for the most-listed buildings in Lower Parel — with an indicative rent-vs-buy signal. Tap a building for the full breakdown.
| Building | Sale ₹/sqft | Rent (median) | Yield |
|---|---|---|---|
| IndiaBulls Sky Forest | ₹29,354 | ₹4,00,000 | — |
| Lodha World View | — | ₹5,75,000 | — |
| Lodha World Crest | ₹64,000 | ₹5,00,000 | — |
| Lodha Signet | — | ₹1,50,000 | — |
| One Avighna Park | ₹88,750 | ₹6,75,000 | — |
| Lodha World One | — | ₹5,75,000 | — |
| World Towers | — | ₹5,50,000 | — |
| Lodha Vista | — | ₹1,50,000 | — |
| The Auro | — | ₹2,50,000 | — |
| Lotus Enpar | — | ₹3,22,500 | — |
| Darshan Rico | ₹40,000 | ₹2,20,000 | — |
| Indiabulls Sky | ₹68,307 | ₹4,25,000 | 4.21% |
New projects in Lower Parel
S3 Epitome
BuilderS3 Group
Rate₹45,000/sqft
StatusUnder Construction
Adi Darsshan
BuilderPromesa Realty
Rate₹39,600/sqft
StatusUnder Construction
Lodha World View
BuilderLodha Group
Rate₹75,000/sqft
StatusReady Possession
Lodha Vista
BuilderLodha Group
Rate₹65,000/sqft
StatusReady Possession
Lodha World One
BuilderLodha Group
Rate₹95,422/sqft
StatusReady Possession
Sarvesh One
BuilderSarvesh Enterprises
Rate₹42,510/sqft
StatusUnder Construction
Lower Parel property rates — FAQs
What is the property rate in Lower Parel?
Apartments in Lower Parel sell for about ₹60,000 to ₹105,000 per sq ft (carpet) as of May 2026. Real Estate Mumbai has tracked Lower Parel property rates since 1995.
What is the rent for a 2 BHK in Lower Parel?
A 2 BHK flat in Lower Parel typically rents for ₹1.65 Lac – ₹2.75 Lac per month as of May 2026.
What are commercial property rates in Lower Parel?
Commercial property in Lower Parel has buy rates of ₹75,000–₹110,000 per sq ft and lease at ₹330 – ₹660/sqft/mo as of May 2026.
How many properties are available in Lower Parel?
Real Estate Mumbai currently lists 433 flats for sale, 612 flats on rent and 236 commercial properties in Lower Parel, plus 6 new projects. 287 buyers are actively looking in Lower Parel.
Want an accurate valuation in Lower Parel?
These are indicative area rates. For a specific building or your own property in Lower Parel, our advisors will give you a precise, up-to-date number.
💬 Get a Lower Parel valuation on WhatsAppUpdated May 2026 · Lower Parel rates tracked by Real Estate Mumbai since 1995 · compiled by Sandeep Sadh.
