For Rent
Shah and Nahar Industrial Estate
📍 S.J. Marg,, Lower Parel
13Listings
2For sale
11For rent
OpenParking
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💬 Enquire on WhatsApp 📞 Call +91 98200 75868About Shah and Nahar Industrial Estate
Shah and Nahar Industrial Estate is a commercial development in S.J. 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 Commercial Office Space, Industrial, Office Space. rental rates from ₹90,000 to ₹8.0 L per month. average resale value around ₹3.5 Cr. 15 properties listed with Real Estate Mumbai. Parking includes open. Real Estate Mumbai has been assisting buyers, tenants and investors at Shah and Nahar Industrial Estate 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
Updated May 2026 · Real Estate Mumbai research
