Flats on Rent in Parel – 663+ Premium Listings

Why Rent in Parel

Parel sits at the geographic centre of Mumbai, making it one of the most sought-after rental addresses for corporate professionals. The mill-district redevelopment has produced towers like Marathon Futurex, Lodha Altia and Runwal Nirvana, with 2 BHK rentals from ₹80,000 and 3 BHK from ₹1,40,000. Dual rail-line access (Central and Western via Lower Parel), proximity to BKC via the Eastern Freeway, and walkable access to corporate campuses make commutes minimal. The neighbourhood also offers KEM Hospital, Hinduja Hospital and top schools. We provide furnished corporate-ready units, short-term lease options and HRA-optimised rental structures.

Showing 1–12 of 663

4.5 BHK Fully Furnished in One Avighna Park, Lower Parel - Photo 1

4.5 BHK Fully Furnished in One Avighna Park, Lower Parel - Photo 2

4.5 BHK Fully Furnished in One Avighna Park, Lower Parel - Photo 3

4.5 BHK Fully Furnished in One Avighna Park, Lower Parel - Photo 4

4.5 BHK Fully Furnished in One Avighna Park, Lower Parel - Photo 5

4.5 BHK Fully Furnished in One Avighna Park, Lower Parel - Photo 6

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4.5 BHK · Fully Furnished · 3000 sqft carpet

2 BHK · Fully Furnished · 900 sqft carpet

2 BHK Fully Furnished in L&T Crescent Bay, Parel - Photo 3

2 BHK Fully Furnished in L&T Crescent Bay, Parel - Photo 4

2 BHK Fully Furnished in L&T Crescent Bay, Parel - Photo 5

2 BHK Fully Furnished in L&T Crescent Bay, Parel - Photo 6

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Added 5 days ago

2 BHK · Fully Furnished · 860 sqft carpet

3 BHK · Luxury Furnished · 1700 sqft carpet

Preferred property

3 BHK Unfurnished in Lodha Venezia, Parel - Photo 3

3 BHK Unfurnished in Lodha Venezia, Parel - Photo 4

3 BHK Unfurnished in Lodha Venezia, Parel - Photo 5

3 BHK Unfurnished in Lodha Venezia, Parel - Photo 6

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Added 3 days ago

3 BHK · Unfurnished · 1098 sqft carpet

3 BHK · Duplex · 1800 sqft carpet

IndiaBulls Sky Forest

Lower Parel

Listed 20 Oct 2026

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3 BHK · Duplex · Fully Furnished · 2200 sqft carpet

IndiaBulls Sky Forest

3 BHK · Fully Furnished · 2500 sqft carpet

IndiaBulls Sky Forest

Lower Parel

Listed 20 Oct 2026

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3 BHK · Semi-Furnished · 2200 sqft carpet

IndiaBulls Sky Forest

Lower Parel

Updated 20 Oct 2026

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2 BHK Semi-Furnished in Lodha Primo, Parel - Photo 1

2 BHK Semi-Furnished in Lodha Primo, Parel - Photo 2

2 BHK Semi-Furnished in Lodha Primo, Parel - Photo 3

2 BHK Semi-Furnished in Lodha Primo, Parel - Photo 4

2 BHK Semi-Furnished in Lodha Primo, Parel - Photo 5

2 BHK Semi-Furnished in Lodha Primo, Parel - Photo 6

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2 BHK · Semi-Furnished · 740 sqft carpet

3 BHK Semi-Furnished in Lodha Venezia, Parel - Photo 3

3 BHK Semi-Furnished in Lodha Venezia, Parel - Photo 4

3 BHK Semi-Furnished in Lodha Venezia, Parel - Photo 5

3 BHK Semi-Furnished in Lodha Venezia, Parel - Photo 6

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Added today

3 BHK · Semi-Furnished · 1150 sqft carpet

3 BHK · Majorly Furnished · 2800 sqft carpet

IndiaBulls Sky Forest

Lower Parel

Listed 20 Oct 2026

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Upcoming projects & infrastructure in Parel

10 MahaRERA projects are due to hand over in Parel between 2027 and 2031; the nearest upcoming infrastructure to Parel is the Line 11 Green, 0.1 km away (approved).

MahaRERA projects handing over in the next 5 years

in Parel

₹49,100/sqft▼

typical asking price

easing this quarter

New projects in Parel by possession year

2027

2028

2029

2030

2031

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near Parel

🚇Line 11 GreenApproved0.1 km
🛣️Worli-Sewri ConnectorUnder construction · due 20260.2 km
🌉MTHL / Atal SetuOpened 20242.0 km
🚇Line 3 AquaOpened 20252.6 km
🚇Line 4 GreenUnder construction · due 20272.9 km
🛣️Coastal Road (Phase 1)Opened 20243.0 km

📜 1,756 registered transactions (IGR) on record in Parel. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!

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Questions about Parel prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Parel, then an advisor calls about your budget and configuration.

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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 Parel?

663 verified apartments and flats are currently listed for rent in Parel on Mumbai Property Exchange, updated regularly.

What is the average rent price for a flat in Parel?

The average rent for apartments and flats in Parel is approximately ₹3.5 L/mo, based on 663 current listings.

What is the rent price range in Parel?

Apartments and Flats for rent in 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 Parel?

WhatsApp or call the MPE team on +91 98200 67525. Tap WhatsApp on any listing to reach an advisor.

Advice from Sandeep Sadh, founder of Mumbai Property Exchange — in Mumbai real estate since 1995.

MahaRERA registered agent A51800043517 · independent advice on new projects, resale and leasing

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Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically. This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
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