Flats on Rent in Parel – 59+ 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.

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Showing 49–59 of 59

2 BHK Unfurnished in Crescent Bay Callisto, Parel - Photo 1

2 BHK Unfurnished in Crescent Bay Callisto, Parel - Photo 2

2 BHK Unfurnished in Crescent Bay Callisto, Parel - Photo 3

2 BHK Unfurnished in Crescent Bay Callisto, Parel - Photo 4

2 BHK Unfurnished in Crescent Bay Callisto, Parel - Photo 5

2 BHK Unfurnished in Crescent Bay Callisto, Parel - Photo 6

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2 BHK · Unfurnished · 970 sqft carpet

Crescent Bay Callisto

2 BHK · Semi-Furnished · 850 sqft carpet

2 BHK · Unfurnished · 1000 sqft carpet

2 BHK · Flat · 800 sqft carpet (approx.)

Preferred property

2 BHK · Fully Furnished · 850 sqft carpet

2 BHK Fully Furnished in Unity Tower, Lower Parel - Photo 3

2 BHK Fully Furnished in Unity Tower, Lower Parel - Photo 4

2 BHK Fully Furnished in Unity Tower, Lower Parel - Photo 5

2 BHK Fully Furnished in Unity Tower, Lower Parel - Photo 6

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2 BHK · Fully Furnished · 600 sqft carpet

2 BHK · Unfurnished · 710 sqft carpet

2 BHK · Partly Furnished · 980 sqft carpet

2 BHK · Fully-Furnished · 850 sqft carpet (approx.)

2 BHK · Fully Furnished · 850 sqft carpet

2 BHK · Flat · 750 sqft carpet

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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

₹50,000/sqft

typical asking price

steady this quarter

₹28,600/sqft

ready reckoner rate (government) · carpet

2025-26 · highest govt zone rate in the area, shown per sq ft carpet · stamp duty is charged on the higher of this and the deal value

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?

59 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 ₹1.4 L/mo, based on 59 current listings.

What is the rent price range in Parel?

Apartments and Flats for rent in Parel range from ₹85,000/mo to ₹2.9 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

Ask on WhatsApp

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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