Why Rent in Lower Parel
Lower Parel is Mumbai's corporate corridor. With Phoenix Mills, Kamala Mills and One Indiabulls anchoring the neighbourhood, the rental market caters to CXOs, expats and consulting professionals. A 2 BHK in a premium tower rents from ₹70,000 to ₹1,80,000; furnished 3 BHK units in Lodha World Crest or Indiabulls Sky touch ₹3,50,000. The area connects to the Western and Central lines, sits midway between Worli and Prabhadevi, and offers walkable access to fine dining, coworking spaces and gyms. Our Lower Parel team specialises in corporate leases, furnished move-ins and short-term stays for project assignments.
Upcoming projects & infrastructure in Lower Parel
6 MahaRERA projects are due to hand over in Lower Parel between 2027 and 2031; the nearest upcoming infrastructure to Lower Parel is the Worli-Sewri Connector, 0.2 km away (under construction · due 2026).
Supply is not evenly spread — one year carries almost half of it.
- 🛣️Worli-Sewri ConnectorUnder construction · due 20260.2 km
- 🚇Line 3 AquaOpened 20251.3 km
- 🚇Line 11 GreenApproved1.4 km
- 🛣️Coastal Road (Phase 1)Opened 20241.6 km
- 🌉MTHL / Atal SetuOpened 20243.3 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Lower Parel, then an advisor calls about your budget and configuration.
Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.
Frequently asked questions
How many apartments and flats are available for rent in Lower Parel?
360 verified apartments and flats are currently listed for rent in Lower Parel on Mumbai Property Exchange, updated regularly.
What is the average rent price for a flat in Lower Parel?
The average rent for apartments and flats in Lower Parel is approximately ₹4.9 L/mo, based on 360 current listings.
What is the rent price range in Lower Parel?
Apartments and Flats for rent in Lower Parel range from ₹55,000/mo to ₹17 L/mo, depending on size, furnishing and building.
How do I contact Mumbai Property Exchange about a property in Lower Parel?
WhatsApp or call the MPE team on +91 98200 67525. Tap WhatsApp on any listing to reach an advisor.

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