1 BHK in Lower Parel — The South Mumbai Starter Home
A South Mumbai address for under ₹2 Cr sounds impossible — but Lower Parel delivers it. One project in our current inventory offers genuine 1 BHK flats with South Mumbai connectivity at a price point that competes with mid-suburb options in Andheri or Goregaon.
1 BHK Lower Parel — April 2026 Snapshot
₹1.86 Cr — ₹1.93 Cr
430–449 sqft carpet | ₹42,000–₹43,000/sqft | Dec 2026 possession
Available 1 BHK — Lower Parel
| Project | Price | Size | PSF | Possession | Developer |
|---|---|---|---|---|---|
| Sarvesh One | ₹1.86 Cr | 430 sqft | ₹43,256/sqft | Dec 2026 | Sarvesh Enterprises |
| Sarvesh One | ₹1.93 Cr | 449 sqft | ₹42,984/sqft | Dec 2026 | Sarvesh Enterprises |
Investment Case
At ₹43,000/sqft you're buying a South Mumbai pin code adjacent to Phoenix Palladium, Bombay Dyeing Mills redevelopment, and the Senapati Bapat Marg corporate corridor at roughly the same PSF as Andheri West. Rental yield estimated at ₹40,000–₹55,000/month: gross yield ~2.5–3.5%.
The Jodi Opportunity
Sarvesh One also offers Jodi options: 1+1 BHK Jodi at ₹3.80 Cr (860–900 sqft) and 1+2 BHK Jodi at ₹4.60 Cr. The Jodi route gives you a combined floor plan without the premium of a standalone larger listing.
Enquire About 1 BHK Lower Parel
Limited inventory at this price point — speak to us before units are sold.
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Is a 1 BHK in Lower Parel a good investment?
Yes — Lower Parel's office stock generates consistent rental demand. 1 BHKs near Phoenix Palladium rent for ₹40K–₹55K/month, giving 2.5–3.5% gross yield. Capital appreciation has averaged 10–12%/year over the last 5 years.
EMI on ₹1.86 Cr?
At 8.5%, 20-year tenure: Down payment ₹37.2 L (20%), loan ₹1.49 Cr, EMI ~₹12,950/month. Plus stamp duty ₹11.16 L + registration ₹1.86 L. Total cash at booking: ~₹51 L.