Property in Parel
1,540 listings · projects, resale, rentals, commercial & rates
Parel was a mill land and now home to luxurious towers
Parel flat prices and rents
Updated 1 Nov 2026 · from 642 current listings on Mumbai Property Exchange
Parel property prices, 1 Nov 2026: 2 BHK resale: ₹3.50 Cr–₹5.10 Cr (typical ₹4 Cr, 800–875 sq ft carpet), 158 listed; 2 BHK rent: ₹1.15L–₹2L/month (typical ₹1.5L/month, 775–875 sq ft carpet), 149 listed. Resale flats average about ₹50,000 per sq ft carpet.
Resale average about ₹50,000 per sq ft carpet. Most listings in Kem Hospital, Dr. Babasaheb Ambedkar, Jeribai Wadia Road, Lal Baug. Asking prices from listings updated in the last 3 months; the range leaves out the cheapest and dearest 10%. Not registered deal values.
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All builders ›Frequently asked questions
What is the price of a 1 BHK flat in Parel?
As of 1 Nov 2026, 1 BHK resale flats in Parel are listed at ₹1.40 Cr to ₹2.25 Cr for 400–425 sq ft carpet, with a typical asking price of ₹1.60 Cr, based on 12 current listings on Mumbai Property Exchange.
What is the price of a 2 BHK flat in Parel?
As of 1 Nov 2026, 2 BHK resale flats in Parel are listed at ₹3.50 Cr to ₹5.10 Cr for 800–875 sq ft carpet, with a typical asking price of ₹4 Cr, based on 158 current listings on Mumbai Property Exchange.
What is the price of a 3 BHK flat in Parel?
As of 1 Nov 2026, 3 BHK resale flats in Parel are listed at ₹4.70 Cr to ₹8 Cr for 1,150–1,400 sq ft carpet, with a typical asking price of ₹6 Cr, based on 132 current listings on Mumbai Property Exchange.
What is the price of a 4+ BHK flat in Parel?
As of 1 Nov 2026, 4+ BHK resale flats in Parel are listed at ₹10.50 Cr to ₹21.60 Cr for 2,200–2,700 sq ft carpet, with a typical asking price of ₹17.75 Cr, based on 48 current listings on Mumbai Property Exchange.
What is the rent for a 1 BHK in Parel?
As of 1 Nov 2026, 1 BHK flats in Parel rent for ₹60k to ₹1.6L a month, typically ₹1L, based on 15 current rental listings on Mumbai Property Exchange.
What is the rent for a 2 BHK in Parel?
As of 1 Nov 2026, 2 BHK flats in Parel rent for ₹1.15L to ₹2L a month, typically ₹1.5L, based on 149 current rental listings on Mumbai Property Exchange.
What is the rent for a 3 BHK in Parel?
As of 1 Nov 2026, 3 BHK flats in Parel rent for ₹1.6L to ₹3.15L a month, typically ₹2L, based on 107 current rental listings on Mumbai Property Exchange.
What is the rent for a 4+ BHK in Parel?
As of 1 Nov 2026, 4+ BHK flats in Parel rent for ₹4.5L to ₹7.25L a month, typically ₹5.5L, based on 21 current rental listings on Mumbai Property Exchange.
What is the price per sq ft in Parel?
Resale flats in Parel are listed at about ₹50,000 per sq ft of carpet area on average (as of 1 Nov 2026). These are asking prices, not registered deal values.
Which are the main residential pockets in Parel?
The pockets with the most current listings in Parel are Kem Hospital, Dr. Babasaheb Ambedkar, Jeribai Wadia Road and Lal Baug.
How many properties are available in Parel?
1,540+ properties for sale and rent are currently listed in Parel, Mumbai on Mumbai Property Exchange, including apartments, flats and commercial spaces.
Is Mumbai Property Exchange RERA registered?
Yes - Mumbai Property Exchange is MahaRERA-registered (A51800043517) and has served Mumbai buyers, sellers and renters since 1995. WhatsApp +91 98200 67525 for live availability.
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