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1515 Monaco

Lower Parel|RERA Verified|31 verified deals
₹42,498/sqft-55% vs Lower Parel top 5 avg(₹95,271)

Summary

1515 Monaco is a residential building in Lower Parel, Mumbai. Property Butler tracks a median asking price of ₹42,498/sqft, with units in the ₹2.52 Cr – ₹4.11 Cr range across 450–1,515 sqft configurations. Gross rental yield is around 8.2%. Pricing is based on 31 verified transactions.

Where is 1515 Monaco located?

1515 Monaco is in Lower Parel, Mumbai.

What is the price of a flat in 1515 Monaco?

Property Butler tracks a median asking price of ₹42,498/sqft for 1515 Monaco, with units in the ₹2.52 Cr – ₹4.11 Cr range (450–1,515 sqft).

What rental yield does 1515 Monaco offer?

1515 Monaco offers an approximate gross rental yield of 8.2%, based on Property Butler's tracked rents versus asking prices.

How does 1515 Monaco compare to Lower Parel pricing?

1515 Monaco is priced 55% below the Lower Parel top-5 building average of ₹95,271/sqft.

Median PSF (12m)

₹42,498

PSF Range (P10-P90)

₹39,751 – ₹42,600

Price Range (12m)

₹2.52 Cr – ₹4.11 Cr

Avg Rent

₹2.6L/mo

Transactions

27 sales · 4 rents

Unit Size Range

4501,515 sqft

Gross Rental Yield

8.2%

Annual rent / purchase price

Price Trend (PSF)

Quarterly median from verified transactions. Outliers removed.

₹37,500
2023-Q42 txns
₹37,500
2024-Q13 txns
₹37,500
2024-Q23 txns
₹36,364
2024-Q41 txns
₹42,000
2025-Q16 txns
₹42,007
2025-Q25 txns
₹42,323
2025-Q31 txns
₹42,498
2025-Q45 txns

Recent Verified Sales

Property Butler verified sales data. Anonymized — no buyer/seller names.

DatePricePSFAreaFloor
14 Oct 2025₹4.11 Cr₹42,498967 sqft16
14 Oct 2025₹4.11 Cr₹42,498967 sqft9
14 Oct 2025₹4.11 Cr₹42,498967 sqft17
8 Oct 2025₹4.11 Cr₹42,498967 sqft8
1 Oct 2025₹2.52 Cr₹39,751635 sqft9
5 Sept 2025₹2.69 Cr₹42,323635 sqft6
25 Jun 2025₹2.73 Cr₹43,000635 sqft11
30 May 2025₹2.71 Cr₹42,600635 sqft14
28 May 2025₹2.67 Cr₹38,155699 sqft15
16 May 2025₹3.70 Cr₹42,000880 sqft15

Recent Rentals

Property Butler verified lease agreements.

DateMonthly RentArea
18 Sept 2025₹1.3L/mo680 sqft
9 Aug 2025₹1.1L/mo800 sqft
28 May 2025₹2.9L/mo635 sqft
23 May 2025₹2.9L/mo635 sqft
30 Apr 2025₹3.5L/mo880 sqft

Methodology: Property Butler Valuation Engine — building-level signals cross-verified across multiple data sources. PSF based on last 12 months with P5-P95 outlier removal per building. Locality benchmark = average of top 5 buildings by PSF. Actual prices vary by floor, view, condition, and negotiation.

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Floor-level pricing, comparable sales, and market outlook for 1515 Monaco.

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