4 Flats for Rent in Parel

Browse verified flats for rent in Parel, Mumbai. All listings include real photos, carpet area, and floor details.

Mill land transformation, modern luxury — Parel is one of Mumbai's most sought-after localities in the rental market. Once Mumbai's mill district, Parel has transformed into one of the city's most dynamic residential markets. Former textile mill lands now house luxury towers, malls, and corporate offices.

Key Infrastructure

Parel and Elphinstone Road railway stations (Western + Harbour)
Walking distance to corporate offices and malls
Coastal Road Phase 1 connectivity

Investment Outlook: Parel's mill land transformation story is still playing out. L&T, Lodha, and Marathon have delivered landmark projects.

Popular with: Corporate professionals, Young couples, Investors in mill-land redevelopment, First-time luxury buyers.

Price Range: ₹4.2 Cr – ₹5 Cr

Area Range: 1.5 Cr to 15 Cr

Top Developers: L&T Realty, Lodha, Marathon

₹4.6 Cr

Avg Price

₹4.2 Cr – ₹5 Cr

Price Range

2,175 sqft

Avg Carpet

Listings

Top Buildings in Parel

Indiabulls Sky Forest

3 listings

₹3.1 Cr

Lodha Allura

1 listings

Showing 4 of 4 properties

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For Rent

Indiabulls Sky Forest

3.5 BHK Residential

Lower Parel

As per market

Floor42

PossessionReady to Move In - OC Received

Enquire Now

For Rent

Lodha Allura

2 BHK Residential

Lower Parel

2.15 L

Area893 sqft

Floor35

PossessionReady to Move In - OC Received

Enquire Now

For Rent

Indiabulls Sky Forest

3 BHK Residential

Lower Parel

5 lacs/mo₹196/sqft

Area2545 sqft

Floor25th

PossessionReady to Move In - OC Received

Enquire Now

For Rent

Indiabulls Sky Forest

3 BHK Residential

Lower Parel

4.15 lacs/mo₹134/sqft

Area3086 sqft

Floor34

PossessionReady to Move In - OC Received

Enquire Now

Other configurations in Parel

2 BHK (1)3 BHK (2)

Properties for Rent in other areas

Andheri East (57)Worli (13)Bandra Kurla Complex (7)Andheri West (6)Juhu (6)Bandra East (6)

Frequently Asked Questions

What is the price range for flats in Parel?▾

flats for rent in Parel range from ₹4.2 Cr to ₹5 Cr, based on 4 verified listings on Property Butler.

What is the average carpet area for flats in Parel?▾

The average carpet area is approximately 2,175 sqft across available listings in Parel.

Which are the top buildings for flats in Parel?▾

The most listed buildings are Indiabulls Sky Forest (3 units), Lodha Allura (1 units). View all listings to compare prices and floor plans.

Is Parel a good investment in 2026?▾

Parel's mill land transformation story is still playing out. L&T, Lodha, and Marathon have delivered landmark projects. Remaining mill parcels will create new supply, but location advantage keeps demand strong.

What is the connectivity like in Parel?▾

Parel and Elphinstone Road railway stations (Western + Harbour). Walking distance to corporate offices and malls. Coastal Road Phase 1 connectivity. Proximity to Worli Sea Link.

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