Lokhandwala Residency
Summary
Lokhandwala Residency is a residential building in Lower Parel, Mumbai. Property Butler tracks a median asking price of ₹32,213/sqft, with units in the ₹3.93 Cr – ₹3.93 Cr range across 780–1,380 sqft configurations. Gross rental yield is around 4.5%. Pricing is based on 58 verified transactions.
Where is Lokhandwala Residency located?
Lokhandwala Residency is in Lower Parel, Mumbai.
What is the price of a flat in Lokhandwala Residency?
Property Butler tracks a median asking price of ₹32,213/sqft for Lokhandwala Residency, with units in the ₹3.93 Cr – ₹3.93 Cr range (780–1,380 sqft).
What rental yield does Lokhandwala Residency offer?
Lokhandwala Residency offers an approximate gross rental yield of 4.5%, based on Property Butler's tracked rents versus asking prices.
How does Lokhandwala Residency compare to Lower Parel pricing?
Lokhandwala Residency is priced 66% below the Lower Parel top-5 building average of ₹95,271/sqft.
Median PSF (12m)
₹32,213
PSF Range (P10-P90)
₹32,213 – ₹32,213
Price Range (12m)
₹3.93 Cr – ₹3.93 Cr
Avg Rent
₹4.0L/mo
Transactions
6 sales · 52 rents
Unit Size Range
780 – 1,380 sqft
Gross Rental Yield
4.5%
Annual rent / purchase price
Price Trend (PSF)
Quarterly median from verified transactions. Outliers removed.
Recent Verified Sales
Property Butler verified sales data. Anonymized — no buyer/seller names.
| Date | Price | PSF | Area | Floor |
|---|---|---|---|---|
| 31 Oct 2025 | ₹3.93 Cr | ₹32,213 | 1,220 sqft | 16 |
| 23 Aug 2024 | ₹1.90 Cr | ₹24,359 | 780 sqft | 2 |
| 26 Feb 2024 | ₹3.00 Cr | ₹30,475 | 984 sqft | 6 |
| 13 May 2022 | ₹2.81 Cr | ₹30,491 | 920 sqft | 12 |
| 21 Mar 2022 | ₹1.50 Cr | ₹14,634 | 1,025 sqft | 7 |
| 3 Sept 2020 | ₹4.90 Cr | ₹35,507 | 1,380 sqft | 22 |
Recent Rentals
Property Butler verified lease agreements.
| Date | Monthly Rent | Area |
|---|---|---|
| 2 Dec 2025 | ₹1.5L/mo | 1,220 sqft |
| 29 Sept 2025 | ₹1.4L/mo | 1,110 sqft |
| 24 Sept 2025 | ₹79K/mo | 785 sqft |
| 5 Aug 2025 | ₹1.0L/mo | 700 sqft |
| 6 Jun 2025 | ₹1.3L/mo | 1,388 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.
Get a Detailed Valuation
Floor-level pricing, comparable sales, and market outlook for Lokhandwala Residency.
Get Valuation on WhatsAppLower Parel Area Guide
Explore trends, micro-locations, and investment outlook for Lower Parel.
Read Area Guide →Explore Lower Parel
Prices, live listings and buildings across Lower Parel.
Lower Parel guides & analysis
In-depth reads on prices, buildings and buying in Lower Parel.