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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 1–12 of 59
Office Fully Furnished in Lodha Signet, Lower Parel
Office · Fully Furnished · 368 sqft carpet
Lodha Signet
Lower Parel
Updated 31 Oct 2026
Ready to move
Office · Fully Furnished · 2200 sqft carpet
Raghuvanshi Mills
Lower Parel
Updated 31 Oct 2026
Office · Fully Furnished · 781 sqft carpet
Lodha Supremus
Lower Parel
Updated 31 Oct 2026
Office in Lodha Signet, Lower Parel
Office · 430 sqft carpet
Lodha Signet
Lower Parel
Updated 31 Oct 2026
Preferred property
Added today
Office · Fully Furnished · 1700 sqft carpet
Lodha Supremus
Lower Parel
Listed 31 Oct 2026
Added today
Office · Fully Furnished · 2355 sqft carpet
Lodha Supremus
Lower Parel
Listed 31 Oct 2026
Office Fully Furnished in Naman Midtown, Lower Parel
Added today
Office · Fully Furnished · 500 sqft carpet
Naman Midtown
Lower Parel
Listed 31 Oct 2026
Added 9 days ago
Office · 623 sqft carpet
Marathon Futurex
Lower Parel
Updated 31 Oct 2026
Ready to move
Office · Unfurnished · 3978 sqft carpet
Marathon Futurex
Lower Parel
Updated 30 Oct 2026
Office Unfurnished in Naman Midtown, Lower Parel
Added yesterday
Office · Unfurnished · 9500 sqft carpet
Naman Midtown
Lower Parel
Listed 30 Oct 2026
Office Unfurnished in Lodha Signet, Lower Parel
Added yesterday
Office · Unfurnished · 700 sqft carpet
Lodha Signet
Lower Parel
Listed 30 Oct 2026
Office · Fully Furnished · 2400 sqft carpet
Lodha Supremus
Lower Parel
Updated 30 Oct 2026
Ready to move
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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).

10
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
5
2027
0
2028
2
2029
1
2030
2
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.

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Frequently asked questions

How many commercial properties are available for rent in Parel?

59 verified commercial properties 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 commercial properties in Parel is approximately ₹9.4 L/mo, based on 59 current listings.

What is the rent price range in Parel?

Commercial Properties for rent in Parel range from ₹1.1 L/mo to ₹43 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.

Sandeep Sadh, founder of Mumbai Property Exchange
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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