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Lower Parel, Mumbai

136
A leading commercial suburb with ample retail hubs

Lower Parel is one of the most popular commercial suburbs of Mumbai. With ample commercial establishments, markets & retail hubs, Lower Parel is a shopper's paradise. It is well-connected to the Eastern Express Highway. This locality presents an excellent mix of commercial & residential setup. Leading hospitals & schools are easily accessible. It is served by Lower Parel Train & Monorail stations.

Price Range
Validate Market Price with PropWorth
Residential
Buy 31,600-  57,400 / sqft
Rent107- 186 / sqft
Office Space
Buy 27,000-  51,100 / sqft
Rent169- 299 / sqft

About Lower Parel

Locality introduction and neighbourhood
Lower Parel is one of the key commercial suburbs of Mumbai located 9.5 kmaway from downtown South Mumbai.Directionally it is positioned centrally between Naigaon, Chinchpakoli, Worli and Sewri. Lower Parelhouses various upscale residential and commercial buildings by developers such as...

Things to keep in mind

  • Key commercial hub of Mumbai with premium residential development
  • Proposed Metro Connectivity along with existing Monorailto enhance connectivity

Locality Neighbourhood

Educational Institute
Dr Shirodkar High School And Colleges
Transportation Hub
Lower Parel Metro Station
N.M.Joshi Marg Police Station Bus Stop
+ 1 more
Lower Parel Railway Station
Shopping Centre
Lifestyle
FBB-MUMBAI-PHOENIX MILL-LOWER PAREL
+ 1 more
Quantum Mall
Nearby Localities
Worli Hill Road, Mumbai
Meghwadi Lal Baug, Mumbai
+ 4 more
Delisle Road, Mumbai
Upper Worli, Mumbai
Worli, Mumbai
Hanuman Gali, Mumbai
Hospital
Global Hospital.
Siddhachal Hospitals
+ 1 more
Gopikrishna Piramal Memorial Hospital
Bank
Vee Kunavi Sahakari Bank
Commercial Hub
Phoenix Palladium
Grand Galleria
+ 2 more
Peninsula Business Park
Chaya mall

294 Premium Properties for Sale in Lower Parel

Posted: Aug 06, '26 6 Photos
2.78 Cr
Ready to Move
This is fairly large 1 BHK which can be converteed to a 2 BHK. The flat is vastu compliant. It is located in the main business hub of Lower Parel. Good locality and neighbourhood. Good security to the building. Immediate deal.
Agent: Adrian Dsouza Estate
View Details
Posted: Aug 23, '26 12 Photos
9.72 Cr
Dec '29
Multistorey Apartment for Sale in Lower Parel West, Mumbai. Covered area is 1804.0 Sq-ft. This property belongs to "Raheja imperia 2" .
Agent: Domo Real Estate
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Posted: Aug 01, '26 12 Photos
2 Cr
Ready to Move
1 BHK, Multistorey Apartment is available for Sale in Lower Parel, Mumbai for 2.0 Crore(s)
Owner: neerav
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Posted: Jun 06, '26 10 Photos
7.10 Cr
Ready to Move
Situated at the very heart of Mumbai in Lower Parel with excellent connectovoty to South Mumbai and the Mahalakshmi and Lower Parel stations. A buzzing area with the beat of shopping, cafes, restaurants and multivtransport availabity. The Worli sea face is an easy 5 minute walk for a great fresh morning air walk or evening stroll. Phoenix Mall and Palldium has direct access. The society complex is
Owner: Charulata
View Details
Posted: Aug 24, '26 2 Photos
11.50 Cr
Ready to Move
A beautiful and wellventilated apartment in a prime location with modern amenities and excellent connectivity. The flat is spacious, wellmaintained, and ready to move in. Perfect for comfortable and luxurious living.
Agent: Akshay Raithatha
View Details
Posted: Aug 12, '26 8 Photos
4.79 Cr
Ready to Move
Runwal 7 Mahalaxmi is the epitome of luxury and architectural excellence rising in the heart of South Mumbai. Spread across a sprawling 4.5acre estate, this premium development features three iconic towers with G77 storeys, offering unmatched views and worldclass living spaces. Crafted by legendary professionals like Hafeez Contractor, HBA London, and P Landscape, 7 Mahalaxmi offers 2, 3 4 BHK re
Agent: JAYARAM MOGAVEERA Mogaveera
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Posted: Jun 10, '26 7 Photos
2.80 Cr
Ready to Move
665 Rera carpet 2 BHK residential appartment with closed parking, nearing possession in 6 months is going for only Cr.Jain Derasar in premises. Well connected with Central railway, Western railway, metro, monorail. Mahalaxmi racecourse, Palladium, Worli sea link, eastern express highway in 25 kms radius. Though in heart of city still quite neighbourhood. 3 mins walking from upcoming Runwal Mahalax
Owner: Hiren
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Posted: Aug 20, '26 11 Photos
29 Cr
Ready to Move
5 BHK, Multistorey Apartment is available for Sale in Lower Parel, Mumbai for 29.0 Crore(s)
Owner: Ipsita Parida
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Posted: Aug 20, '26 14 Photos
9 Cr
Ready to Move
4 BHK, Multistorey Apartment is available for Sale in Lower Parel, Mumbai for 9.0 Crore(s)
Owner: Kakaso Patil
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Posted: Aug 24, '26 1 Photos
11.12 Cr
Under Construction
The flat is facing the east direction. The flat is over 1752 sq.Ft. Carpet area and comes with 3 bedrooms, 4 bathrooms and 1 balcony. The residential building has 77 floors in total and the flat for sale is located on the 50th floor. The flat is currently under construction stage and you can expect to get the possession of the property by december 2030. The beautifully designed cement flooring enh
Agent: DHM Estates
View Details

Ratings & Reviews

Environment
3.8/5
Neighbourhood
Roads
Safety
Cleanliness
Commuting
3.6/5
Public Transport
Parking
Connectivity
Traffic
Places of Interest
4.2/5
Schools
Hospitals
Restaurants
Markets
G
Guest User
17/02/2026
Great Investment Growth Investing here makes sense
Great Investment Growth Investing here makes sense due to consistent rental demand from professionals. Offices, premium malls, and metro access provide unmatched convenience. Though streets feel crowded at times, the area balances work, leisure, and city living perfectly.
G
Guest User
13/02/2026
Peaceful Residential Hub I selected Lower Parel
Peaceful Residential Hub I selected Lower Parel for high rise apartments & heritage mills turned commercial spaces. Evening walks to nearby gyms & eateries keep life engaging. The neighbourhood buzz never feels overwhelming for us.

Properties' Snapshot

72% properties for Sale in Lower Parel lie in range of Above ₹5Cr while 4% properties for Sale lie in range of ₹1.4Cr - ₹1.6Cr. 3 BHK is the most common room configuration in this locality and accounts for approximate 35% of all the properties for Sale. 75% of the properties in Lower Parel are Multistorey Apartment, and most of these are posted by Agent.
Price Range
72%
4%
4%
20%
Above ₹5Cr ₹1.4Cr - ₹1.6Cr ₹1.8Cr - ₹2Cr Others
Property Type
75%
21%
2%
2%
Apartment Commercial Office Space Commercial Shop Others

Price Trends

Graph View Table View
Year Lower Parel
(% Change in Q-o-Q)
Jul-Sept'25 43718 1%
Year Lower Parel
(% Change in Q-o-Q)
2025 41433 12%
2024 37117 6%
2023 34876 9%
Year Lower Parel
(% Change in Q-o-Q)
2025 41433 12%
2024 37117 6%
2023 34876 9%
2022 31864 2%
2021 31251 1%
Top Home Loan Deals in Lower Parel, Mumbai
Tools & Advice

1 Premium Projects

Tru Sun Vision Awestrum Life-Image
Tru Sun Vision Awestrum Life
Tru Sun vision Realty LLP
₹ 2 Cr - ₹ 2.50 Cr
Andheri West
Under Construction
View Project

Top Projects in Lower Parel

Piramal MHADA-Image
Piramal MHADA
₹ 7.82 Cr - ₹ 11.62 Cr
Ready to Move
View Project
Bhavani Mata CHS-Image
Bhavani Mata CHS
Cooperative Group Housing Society
₹ 7.82 Cr - ₹ 11.62 Cr
Ready to Move
View Project
Neelganga Apartment-Image
Neelganga Apartment
₹ 7.81 Cr - ₹ 11.51 Cr
Ready to Move
View Project
India Bulls Sky Forest-Image
India Bulls Sky Forest
India Bulls Real Estate Ltd..
₹15.84 Cr - ₹ 20.11 Cr
Multistorey Apartment
Ready to Move
View Project
Shreeniwas Cotton Mill-Image
Shreeniwas Cotton Mill
Mhada Group
₹ 7.82 Cr - ₹ 11.62 Cr
Under Construction
View Project
Prakash Cotton Mill-Image
Prakash Cotton Mill
Mhada Group
₹ 7.81 Cr - ₹ 11.52 Cr
Ready to Move
View Project
Lodha Vista-Image
Lodha Vista
Lodha Developers Limited
₹ 2.69 Cr - ₹ 8.03 Cr
Multistorey Apartment
Ready to Move
View Project
Lodha World Crest-Image
Lodha World Crest
Lodha Developers Limited
₹ 9.48 Cr - ₹ 16.17 Cr
Ready to Move
View Project
Phoenix Towers-Image
Phoenix Towers
Millennium Group
₹ 7.25 Cr - ₹ 7.25 Cr
Multistorey Apartment
Ready to Move
View Project
Marathon Futurex-Image
Marathon Futurex
Marathon Realty Pvt. Ltd.
₹2.25 Cr - ₹ 19.50 Cr
Commercial Office Space
Ready to Move
View Project
11 Builders in Lower Parel
Lodha Developers Limited
Since1980
Lodha is India's leading real estate brand, devoted to creating some of the world's finest developments, where timeless architecture, crafted interiors and thoughtful hospitality come together to create environments of enduring beauty and value. With over four decades of experience, Lodha has shaped landmark developments across the Mumbai Metropolitan Region, Pune, Bengaluru, Delhi NCR and London.The brand creates exceptional residential, commercial and retail developments, as well as offices and warehousing, collaborating with internationally renowned architects, designers and consultants including Pei Cobb Freed & Partners, Eric Parry Architects, PLP Architecture, Yabu Pushelberg, Patricia Urquiola and Giorgio Armani. What sets Lodha apart is its savoir-faire: the ability to orchestrate world-class talent, refined craftsmanship and a culture of thoughtful service into one seamless experience.Its portfolio includes some of India's most iconic developments, such as Lodha Altamount, Lodha World Towers, Lodha Malabar, Lodha Sea Face, Lodha Avalon and One Lodha Place in the Mumbai Metropolitan Region. Beyond Mumbai, Lodha Belmondo in Pune and Lodha Alibaug are 100-acre resort developments, while Palava is one of India's largest privately planned integrated cities. In London, Lodha has established a presence through three residential developments, including the restoration of No. 1 Grosvenor Square in Mayfair, one of the world's most prestigious residential addresses.Lodha is the only Indian real estate brand featured in Newsweek's World's Most Trustworthy Companies 2025.
Total 111 projects
52 Completed | 2 Ongoing
See Details
K Raheja Corp
Since1956
K Raheja Corp is a success story spanning six decades and stands today as one of India's leading developers.From exquisite residences to adaptive workplaces, skillfully created hotels and convention centers to outstanding retail destinations, the K Raheja Corp has made a significant impact on the evolution of modern-day living. K Raheja Corp delivers aspirational spaces with distinct characteristics and attributes, making each of its offerings unique. The Company has also been ahead of the curve in the green development sector. Pioneering the industries' responsibility towards contributing to a green society, it signed a memorandum of understanding with the CII-Green Building Council to construct green buildings, back in 2007. Apart from its eco-friendly constructions, K Raheja Corp is committed to developing large, green expanses across the country. With its buildings certified in the categories of Gold and Platinum, it has been recognized with awards across prestigious forums.Backed by the belief that ‘people are a company's greatest asset and competitive advantage', K Raheja Corp leads the way with exemplary HR policies, judiciously collated from the best across industries, to ensure employee engagement and fulfilment.With the upsurge in the Indian real estate sector, K Raheja Corp is one of the main proponents that will level the playing field for India with other developed economies.
Total 23 projects
13 Completed
See Details
Millennium Group
Since1999
The Group which constantly focused on delivering best product to its customer by satisfying their needs in respect to property. Millennium Group has vast experience in the field where we understand clients requirement and provide them best solution. With unmatched quality of construction and timely delivery, the group is synonymous with trust and faith. The experienced promoters of this group have an impeccable record in the field of real estate and construction.
Total 6 projects
5 Completed
See Details
Avigna Properties Private Limited
Since
AVIGNA is a diversified business institution that applies its vision to find new meaning, evoke wonder and inspire meaningful ambition in all endeavors. Built over exemplary values and vast experience in its domains of practice, it is a tale of continual innovation and a single-minded dedication to the highest of standards.
Total 1 projects
1 Completed
See Details
Sanghvi S3 Group
Since1986
We, Sanghvi Group, are premier builders and developers of iconic projects, since 1978. We have left our mark of excellence all over Mumbai. But, our prime focus and forte is developing tenanted properties, especially in South Mumbai. We are pioneers in this niche. ‘People first', is at the core of our unique business credo. Thus, we design and execute people-centric projects, to meet the aspirational needs, of our esteemed clients. Every project by the Sanghvi Group Is designed, with an eye for detail and is thus a high-value proposition. Architectural designs are site-specific, to enhance functionality and beauty. We thus place a premium on design excellence, structural durability, security and strategic location.
Total 5 projects
2 Completed | 1 Ongoing
See Details
India Bulls Real Estate Ltd..
Since2005
Indiabulls Real Estate stands for excellence and luxury in residential and commercial properties. It was incorporated in 2005 with its focus on construction and development of residential, commercial and SEZ projects across major Indian metros.To grow its footprint internationally, and to give wings to its global ambitions, Indiabulls branched out to London a couple of years ago with some of the most marquee projects in the heart of upscale central London.
Total 1 projects
1 Completed
See Details
Marathon Realty Pvt. Ltd.
Since1971
We are a 54+ year old, Mumbai based real estate development company that has completed over 100 projects in the city. We are currently building several townships in the fastest growing neighborhoods, affordable housing projects, ultra-luxury skyscrapers, small offices and large business centers. Our projects are spread across the Mumbai Metropolitan Region (MMR)
Total 13 projects
13 Completed
See Details
Total 1 projects
1 Completed
See Details
Total 3 projects
1 Completed
See Details
Nandivardhan Group
Since1993
Nandivardhan Group is a recognized and admired brand which has moved from strength to strength over the years of experience in real estate. The Group stands firm on commitments, not only to upkeep its tradition but to strive to improve its offering and service in providing "A Home for Every Indian". We have done several projects in India. Traditionally, our core business has been Construction ever since inception.The Group's strength is delivery of its promises through meticulous planning, emphasizing on essential requirements, and importance of location, connectivity and convenience, budget limitation of the customer, backed by quality material and workmanship.Featuring state of the art technology to serve customer needs, our complexes are truly a reflection of quality living and standard lifestyles to match with the contemporaries. Our buildings comprise of good architecture, appropriate designs and the best safety features. We follow international quality construction standards. In nutshell, Nandivardhan Group means Value for money.
Total 10 projects
5 Completed
See Details
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