Ruparel NovaSold Out in Parel
📍 Jerbai Wadia Rd, Bhoiwada, Parel · by Ruparel Realty
Ruparel Nova is a sold out residential project by Ruparel Realty at Jerbai Wadia Rd, Bhoiwada, Parel. The configurations on record are 2 & 3 BHK of 826 and 2,297 sq ft carpet. This page is Real Estate Mumbai's read on Ruparel Nova against the resale and rental market in Parel — what a flat here rents for, what the resale market asks, and where prices are moving.
Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995
What a flat in Ruparel Nova would rent for
Parel has 193 live 2 BHK rentals on Real Estate Mumbai today, at a median of ₹1.35 L a month — about ₹160 per sq ft of carpet a month (middle half ₹141–₹188).
At today's rates that makes a 826 sq ft 2 BHK roughly ₹1.32 L a month and a 2,297 sq ft 3 BHK roughly ₹3.81 L a month.
At ₹35,940 per sq ft, that is a gross rental yield of about 5.3% to 5.5% — before maintenance, tax and vacancy. Premium Mumbai homes are bought for capital growth more than yield; treat the rent as the floor under your holding cost, not the return.
| Configuration | Carpet | Parel rent today | Estimated rent | Gross yield |
|---|---|---|---|---|
| 2 BHK | 826 sq ft | ₹160/sq ft/mo (193 live) | ≈ ₹1.32 L/mo | ~5.3% |
| 3 BHK | 2,297 sq ft | ₹166/sq ft/mo (140 live) | ≈ ₹3.81 L/mo | ~5.5% |
Estimate = carpet area × the live median rent per sq ft for that configuration in Parel on Real Estate Mumbai. Indicative; a new building with sea views can command more.
The resale market Ruparel Nova competes with
152 2 BHK resale homes are on the market in Parel right now, median ₹3.88 Cr at ₹46,941 per sq ft; the middle half asks ₹42,824–₹51,250. Listings are on average 28 days old.
Ruparel Nova prices at ₹35,940 per sq ft — 23% below the resale median and below most of the resale market. That premium buys a new building, new specification and a longer remaining life; the resale market buys location now, at a discount, ready to live in.
For scale, 4 BHK resale in Parel asks a median ₹51,498 per sq ft (36 live).
Where Parel prices are moving
Real Estate Mumbai's Parel price index reads 97.9 for Sep 2026 (base 100), a median asking ₹50,411 per sq ft across 382 listings, up 0.2% on the month. By configuration: 2 BHK ₹48,347, 3 BHK ₹44,520, 4 BHK+ ₹58,368 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Sep 2026 | ₹50,411 | 97.9 | +0.2% | 382 |
| Aug 2026 | ₹50,323 | 97.7 | -2.3% | 322 |
| Jul 2026 | ₹51,513 | 100.0 | — | 382 |
Real Estate Mumbai price index, computed monthly from live asking prices in Parel (base 100). Asking, not registered, prices.
Ruparel Nova on MahaRERA — what to check before you book
Ruparel Nova is registered. The registry is the only document that binds the developer on possession dates, carpet areas and what is built; read it before any token.
| Phase | MahaRERA no. | Towers · floors | Units | Possession declared | Registered |
|---|---|---|---|---|---|
| Ruparel Nova | P51900019946 | Ruparel Nova · 42 fl | 165 | — | — |
Registry link opens the MahaRERA record. Possession dates on the registry can be revised by the developer under the Act; we refresh this table as the record changes.
Ready homes in Parel you can buy or rent today
Real Estate Mumbai's own listings — the honest alternative to waiting for a launch. 2 BHK and larger first.
About Ruparel Nova
Ruparel Nova is a Residential Project Developed by the Renowned Real Estate Developer Ruparel Realty. It is located at Parel. Parel enjoys a strategic location, making it easily accessible from different parts of Mumbai. It is well-connected to areas like Lower Parel, Dadar, Worli, and Byculla, which are essential business and cultural centers of the city. Additionally, major roads and highways, including the Eastern and Western Express Highways, provide smooth connectivity for both commuters and drivers. A 60 storey Tower & 7 level podium car park & Triple heighted Amenities Zone, 11th to 60th Residential Floors. It offers 2 and 3 BHK Residences. sea view from all the apartments. Per Floor 4 Signature Residence and 8 elevators. Private Lobby for Penthouse. Amenities include Entrance Lobby, Swimming Pool, Pool Deck, State of the art GYM, Yoga & Meditation Deck, Jain temple, Mini theatre, Jogging walking track, Banquet hall, Cricket Net, Kid's Play Area, Senior Citizen zones. Residential Floors upto 37th Slab Completed.
Amenities
Project video
Available flats in Ruparel Nova
8 verified resale & rental listings currently available in Ruparel Nova, Parel.
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Ruparel Nova against the ready homes above, for your budget.
Ruparel Nova — the questions investors ask
What rent can a flat in Ruparel Nova earn?
Is Ruparel Nova priced above resale in Parel?
Are prices in Parel rising?
Is Ruparel Nova MahaRERA registered?
What can I buy in Parel today instead?
How do I get the price list or a site visit for Ruparel Nova?
What flats are available in Ruparel Nova?
Who is the builder of Ruparel Nova?
Rents, resale prices and the price index on this page are computed from live listings on Real Estate Mumbai and refresh automatically; project facts are as declared to MahaRERA or recorded by our team (updated 06 Mar 2026). Indicative, not an offer; verify with the developer and on MahaRERA before deciding. Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995.
Get details on Ruparel Nova
Jerbai Wadia Rd, Bhoiwada, Parel · Ruparel Realty
