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Property for Sale & Rent in Parel

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. The area offers a rare combination of South Mumbai location with modern infrastructure.

63 properties available

3 BHK Lifescapes Glory, Parel — 5 cr++For Sale

Lifescapes Glory

3 BHK Residential

Parel

5 cr++₹42,081/sqft
Area1307 sqft
Floor17
PossessionDec 2026
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2 BHK Lifescapes Glory, Parel — 3.20 cr++For Sale

Lifescapes Glory

2 BHK Residential

Parel

3.20 cr++₹41,916/sqft
Area835 sqft
Floor17
PossessionDec 2026
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1 BHK Lifescapes Glory, Parel — 1.75cr++For Sale

Lifescapes Glory

1 BHK Residential

Parel

1.75cr++₹42,117/sqft
Area463 sqft
Floor17
PossessionDec 2026
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1 BHK Lifescapes Glory, Parel — 1.71cr++For Sale

Lifescapes Glory

1 BHK Residential

Parel

1.71cr++₹42,222/sqft
Area450 sqft
Floor17
PossessionDec 2026
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1 BHK ONE Parel, Parel — 1.59 CrFor Sale

ONE Parel

1 BHK Residential

Parel

1.59 Cr₹41,732/sqft
Area381 sqft
FloorMid Floor (8-15)
PossessionMar 2028
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4 BHK Indiabulls Skyforest, Lower Parel — 15.50 Cr++For Sale
2

Indiabulls Skyforest

4 BHK Residential

Lower Parel

15.50 Cr++₹49,521/sqft
Area3130 sqft
Floor29
PossessionReady to Move In (OC Received)
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3 BHK Indiabulls Skyforest, Lower Parel — 9.50 Cr++For Sale

Indiabulls Skyforest

3 BHK Residential

Lower Parel

9.50 Cr++₹46,637/sqft
Area2037 sqft
Floor32
PossessionReady to Move In (OC Received)
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3.5 BHK Indiabulls Sky Forest, Lower Parel — 10.85 Cr++For Sale

Indiabulls Sky Forest

3.5 BHK Residential

Lower Parel

10.85 Cr++₹43,417/sqft
Area2499 sqft
Floor25
PossessionReady to Move In (OC Received)
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3 BHK Indiabulls Sky Forest, Lower Parel — 10 Cr++For Sale
3

Indiabulls Sky Forest

3 BHK Residential

Lower Parel

10 Cr++₹34,341/sqft
Area2912 sqft
Floor11
PossessionReady to Move In (OC Received)
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3 BHK Indiabulls Sky Forest, Lower Parel — 12.50 Cr++For Sale
3

Indiabulls Sky Forest

3 BHK Residential

Lower Parel

12.50 Cr++₹49,349/sqft
Area2533 sqft
Floor17
PossessionReady to Move In (OC Received)
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4 BHK Indiabulls Sky Forest , Lower Parel — 16 Cr++For Sale
3

Indiabulls Sky Forest

4 BHK Residential

Lower Parel

16 Cr++₹52,033/sqft
Area3075 sqft
Floor19
PossessionReady to Move In (OC Received)
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3 BHK Indiabulls Sky Forest, Lower Parel — 14 Cr++For Sale
7

Indiabulls Sky Forest

3 BHK Residential

Lower Parel

14 Cr++₹53,171/sqft
Area2633 sqft
Floor36
PossessionReady to Move In - OC Received
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Browse Properties in Parel

All for SaleAll for Rent3 BHK for Sale (27)4 BHK for Sale (8)2 BHK for Sale (8)1 BHK for Sale (3)2 BHK + 2 BHK for Sale (2)3 BHK for Rent (2)3.5 BHK for Sale (2)3 BHK Large for Sale (1)3 BHK Luxe 4 for Sale (1)4 BHK Luxe 2 for Sale (1)Office Space for Sale (1)3 BHK Luxe 1 for Sale (1)

About Parel

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. The area offers a rare combination of South Mumbai location with modern infrastructure.

Micro-locations in Parel

Lower Parel

Corporate corridor with premium residential towers

Upper Parel

Emerging luxury zone with new launches

Elphinstone Road area

Near railway station with office access

Connectivity & Infrastructure

  • 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
  • Metro Line 3 station at Lower Parel

Who Buys in Parel

Corporate professionals · Young couples · Investors in mill-land redevelopment · First-time luxury buyers

Investment Outlook — Parel 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. Walking-distance to offices makes it the top rent-to-buy conversion market.

Top Developers in Parel

L&T Realty · Lodha · Marathon · Indiabulls · Piramal

Frequently Asked Questions

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. Walking-distance to offices makes it the top rent-to-buy conversion market.
What is the price range for property in Parel?▾
Property prices in Parel range from 1.5 Cr to 15 Cr. View all 63 listings for current availability.
Which are the best developers in Parel?▾
Top developers in Parel include L&T Realty, Lodha, Marathon, Indiabulls, Piramal.