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.
648 verified apartments and flats are currently listed for rent in Parel on Mumbai Property Exchange, updated regularly.
The average rent for apartments and flats in Parel is approximately ₹3.9 L/mo, based on 648 current listings.
Apartments and Flats for rent in Parel range from ₹22,000/mo to ₹20 L/mo, depending on size, furnishing and building.
WhatsApp the MPE team on +91 98200 67525 or call +91 98193 11244. Tap WhatsApp or Send Details on any listing to reach an advisor.
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