Maharashtra
Lower Parel, Mumbai — Locality Overview
Lower Parel is a residential corridor in Mumbai, Maharashtra. This overview covers indicative pricing, rental yields and the projects currently marketed in and around the locality.
Indicative asking rates around Lower Parel, Mumbai are in the range of ₹25,400/sqft, with typical 2 BHK options near ₹1.78 Cr — treat these as directional estimates and verify current quotes with developers before shortlisting.
Gross rental yields around Lower Parel indicatively run near 2.9%, with 2 BHK rents in the region of ₹49,000/month. Yields compress in premium pockets and widen in emerging stretches.
Projects to explore
New launchPriyadarshan Chs Lower Parel
Lower Parel, Mumbai
New launchLodha Supremus Lower Parel
Lower Parel, Mumbai
by Lodha
New launchNeelkamal Chs Lower Parel
Lower Parel, Mumbai
New launchYashashree Chs Lower Parel
Lower Parel, Mumbai
New launchVishwakamal Apartment Lower Parel
Lower Parel, Mumbai
New launchBussa Industrial Estate Lower Parel
Lower Parel, Mumbai
New launchAditya Tower Lower Parel
Lower Parel, Mumbai
New launchLaxmi Industrial Estate Lower Parel
Lower Parel, Mumbai
New launchDhanlaxmi Industrial Estate Lower Parel
Lower Parel, Mumbai
by Dhanlaxmi
New launchLodha Complex Lower Parel
Lower Parel, Mumbai
by Lodha
New launchVinay Apartment Lower Parel
Lower Parel, Mumbai
New launchSahajivan Chs Lower Parel
Lower Parel, Mumbai
New launchNestle Apartment Lower Parel
Lower Parel, Mumbai
New launchShiv Shakti Industrial Estate Lower Parel
Lower Parel, Mumbai
New launchGanesh Chs Lower Parel
Lower Parel, Mumbai
New launchSai Sadan Lower Parel
Lower Parel, Mumbai
New launchLaxmi Sadan Lower Parel
Lower Parel, Mumbai
New launchShree Sai Shiv Shahi Chs
Lower Parel, Mumbai
New launchSuparshwa Apartment
Lower Parel, Mumbai
New launchSai Datta Chs
Lower Parel, Mumbai
Localities in Mumbai
| Locality | Indicative rate (₹/sqft) | |
|---|---|---|
| Aagman | 31,100 | View |
| Aarey Colony | 19,000 | View |
| Aarey Colony Goregaon East | 16,500 | View |
| Aarey Road | 15,200 | View |
| Abhinav Nagar | 15,800 | View |
| Abhyudaya | 33,600 | View |
| Adarsh Nagar | 12,700 | View |
| Adarsh Nagar Jogeshwari West | 13,700 | View |
| Agar Bazar | 13,600 | View |
| Aghadi Nagar | 19,400 | View |
| Agripada | 27,600 | View |
| Airport Area Juhu | 24,200 | View |
| Aksa Gaon | 17,200 | View |
| Altamount Road | 17,200 | View |
| Ambapada | 28,500 | View |
| Ambedkar Chowk Area | 16,500 | View |
| Ambedkar Colony | 21,300 | View |
| Ambedkar Nagar | 25,200 | View |
| Ambewadi | 12,900 | View |
| Ambika Nagar | 33,700 | View |
| Ambivali | 28,700 | View |
| Ambivali Jogeshwari West | 15,900 | View |
| Amboli | 24,500 | View |
| Amboli Andheri West | 25,100 | View |
| Amrut Nagar | 26,000 | View |
| Anand Nagar | 17,400 | View |
| Anand Nagar Dahisar | 29,800 | View |
| Anand Nagar Dahisar East | 28,900 | View |
| Anand Park | 16,300 | View |
| Anandwadi | 15,300 | View |
Rates are indicative estimates for orientation only — verify current quotes with developers and recent transactions.
Frequently asked questions
What is the average property rate in Lower Parel?
Indicatively around ₹25,400/sqft; premium towers and newer stock quote above the corridor average.
What does a 2 BHK rent for in Lower Parel?
Indicatively near ₹49,000/month depending on furnishing, age and society amenities.
Is Lower Parel good for investment?
Indicative gross yields near 2.9% with appreciation tied to corridor infrastructure. Diligence upcoming supply before committing.
Explore more in Mumbai
Market figures on this page (about ₹25,400/sqft locally) are indicative estimates, not quotes.