For Sale
3 BHK IndiaBulls Sky Forest
Near India Bulls Financial Centre₹11.00 Cr
Carpet2000 sq ft
View details
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 524 flats for sale, 548 on rent and 7 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
For Sale
For Sale
For Sale
For Sale
2 BHK Lodha Vista
Sitaram Jadhav Marg, Opp. Shri Shantinath Jain Temple, Near High Street Phoenix,₹3.95 Cr
Carpet685 sq ft
View details
For Sale
2 BHK Darshan Rico
Shankar Roa Naram Path, Next to Peninsula Tower₹5.50 Cr
Carpet930 sq ft
View details
For Sale
3 BHK IndiaBulls Sky Forest
Near India Bulls Financial Centre₹11.00 Cr
Carpet2400 sq ft
View details
Latest on rent
For Rent
4 BHK Lodha Ciel
World One, Senapati Bapat Marg, opposite Lodha Supremus₹17,00,000/mo
Carpet5445 sq ft
View details
For Rent
3 BHK IndiaBulls Sky Forest
Near India Bulls Financial Centre₹4,20,000/mo
Carpet2000 sq ft
View details
For Rent
3.5 BHK IndiaBulls Sky Forest
Near India Bulls Financial Centre₹6,50,000/mo
Carpet1800 sq ft
View details
For Rent
For Rent
For Rent
Buyer & tenant demand in Lower Parel
Real Estate Mumbai has received 305 buyer & tenant enquiries for Lower Parel — 177 looking to buy and 48 to rent. The most-wanted configuration is 2 BHK & 1 BHK.
Own a property in Lower Parel? 305 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 | ₹55,475 | ₹4,30,000 | 5.47% |
| Lodha World Crest | ₹64,000 | ₹5,60,000 | — |
| Lodha World View | — | ₹6,00,000 | — |
| One Avighna Park | ₹88,750 | ₹5,50,000 | — |
| Lodha World One | — | ₹6,50,000 | — |
| Lodha Signet | — | ₹1,83,500 | — |
| Indiabulls Sky | ₹70,741 | ₹5,50,000 | — |
| Lodha Vista | — | ₹1,60,000 | — |
| Darshan Rico | ₹40,000 | ₹1,80,000 | — |
| The Baya Central | — | ₹87,500 | — |
| Neumec Elegance | — | ₹1,00,000 | — |
| World Towers | — | ₹5,50,000 | — |
New projects in Lower Parel
The Grand
BuilderBhojwani Builders
Rate₹80,000/sqft
StatusUnder Construction
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.
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.
