3 BHK Flats for Sale in Lower Parel — 11 Options, Prices & Buyer Guide (May 2026)
Lower Parel is South Mumbai's most active luxury housing market. Property Butler tracks 11 active 3 BHK listings in Lower Parel — asking ₹6.5 Cr to ₹22 Cr. Average PSF: ₹52,199. This is Worli-adjacent infrastructure at a 25% PSF discount.
3 BHK Lower Parel — May 2026
₹6.50 Cr — ₹22.00 Cr
1,200–2,200 sqft | ₹48,000–₹65,000/sqft | 11 options
| Project | Developer | Price | Carpet | PSF | Possession |
|---|---|---|---|---|---|
| Indiabulls Skyforest | Indiabulls | ₹10–18 Cr | 1,400–2,000 sqft | ₹71,000–₹90,000/sqft | Ready (OC) |
| Marathon Next Gen Era | Marathon | ₹7–11 Cr | 1,200–1,600 sqft | ₹58,000–₹69,000/sqft | Ready / 2026 |
| Lodha Vista | Lodha | ₹9–14 Cr | 1,350–1,800 sqft | ₹67,000–₹78,000/sqft | Ready (OC) |
| Lodha Allura | Lodha | ₹11–22 Cr | 1,500–2,200 sqft | ₹73,000–₹100,000/sqft | Ready (OC) |
| Ashford Casagrand | Ashford | ₹6.50–9.50 Cr | 1,200–1,500 sqft | ₹54,000–₹63,000/sqft | Ready |
Best Value 3 BHK in Lower Parel
Ashford Casagrand at ₹6.5–9.5 Cr is the most competitively priced 3 BHK in Lower Parel — and it's OC received. At ₹54,000–₹63,000/sqft, it sits 15% below Lodha's Lower Parel projects but with comparable address. Marathon Next Gen Era occupies the mid-tier at ₹58,000–₹69,000/sqft.
Lower Parel 3 BHK: Investment vs End-Use
For investment: Lodha Allura and Indiabulls Skyforest have the deepest resale markets and corporate tenant demand. Gross yield 2.3–2.7%.
For end-use: Marathon Next Gen Era and Ashford Casagrand give the best PSF efficiency. Carpet sizes are comparable to higher-priced Lodha options. The difference is brand and society composition.
Find 3 BHK Options in Lower Parel
Current availability, floor plans, direct WhatsApp.
Search NowWhatsApp UsWhat is the cheapest 3 BHK in Lower Parel?
Ashford Casagrand from ₹6.5 Cr (1,200 sqft OC received). Marathon Next Gen Era from ₹7 Cr.
Is a 3 BHK in Lower Parel a good investment?
Yes — corporate demand from BKC and Nariman Point keeps occupancy high. Gross yield 2.3–2.7%; capital appreciation 7–9% annually over 5 years.