Average Rent in Lower Parel
Indicative rents as of 2026. Actual prices may vary.
Type
Avg Rent
Typical Split (2 flatmates)
1BHK
₹30,000
₹15,000/person
2BHK
₹50,000
₹25,000/person
3BHK
₹80,000
₹40,000/person
About Lower Parel
Overview
Lower Parel is Mumbai's modern business district, built on converted textile mill compounds. Home to Kamala Mills, High Street Phoenix, and dozens of corporate offices, it's where Mumbai's finance and startup crowd lives and works.
Popular For
Corporate professionals, business district
Key Landmarks
High Street Phoenix
Kamala Mills
One Indiabulls Centre
Palladium Mall
Metro Connectivity
Lower Parel Station (Western Line + upcoming Metro)