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Lower Parel Property Rates, November 2026

Updated November 2026 · 45 tracked sale listings · asking rates per sq ft of carpet

Summary

As of November 2026, the median asking property rate in Lower Parel, Mumbai is ₹51,081 per sq ft of carpet, based on 45 live sale listings Property Butler tracks. Most fall between ₹43,417 and ₹84,971 per sq ft. By BHK: 2 BHK ₹45,543/sq ft, 3 BHK ₹64,685/sq ft, 4 BHK ₹52,033/sq ft. By building, rates run from ₹43,972 to ₹79,365 per sq ft across 2 buildings. These are asking prices, not registered values.

Median asking ₹/sqft

₹51,081

Typical range (P25)

₹43,417

Typical range (P75)

₹84,971

Tracked listings

45

Lower Parel property rates by BHK

ConfigurationMedian asking ₹/sq ftListings (n)
2 BHK in Lower Parel →₹45,5434
3 BHK in Lower Parel →₹64,68530
4 BHK in Lower Parel →₹52,0335

Lower Parel property rates by building

Buildings with 3 or more live sale listings. Median asking rate per sq ft of carpet.

BuildingMedian asking ₹/sq ftListings (n)
Indiabulls Sky Forest →₹79,36531
Arihant Towers →₹43,9724

Is Lower Parel worth it?

Lower Parel's transformation from mill lands to a premium address is one of Mumbai's great urban renewal stories. Walk-to-work convenience for corporate professionals ensures strong demand. Metro Line 3 and the Coastal Road have shortened the commute to Marine Drive, BKC and the western suburbs.

Frequently asked

What is the property rate in Lower Parel per sq ft?

As of November 2026, Property Butler tracks a median asking rate of ₹51,081 per sq ft of carpet in Lower Parel, across 45 live sale listings. Most listings fall between ₹43,417 and ₹84,971 per sq ft.

What are property rates by BHK in Lower Parel?

Median asking rate per sq ft in Lower Parel: 2 BHK ₹45,543 (n=4), 3 BHK ₹64,685 (n=30), 4 BHK ₹52,033 (n=5), from Property Butler's live listings.

Which buildings in Lower Parel have the highest asking rates?

Among buildings with 3 or more live sale listings: Indiabulls Sky Forest at ₹79,365 per sq ft (n=31), Arihant Towers at ₹43,972 per sq ft (n=4). The full table covers 2 buildings.

Are these Lower Parel rates asking or registered values?

These are asking prices (what sellers quote) from Property Butler's tracked live listings, not registered transaction values. Actual deal prices vary by floor, view and negotiation.

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Cite this index

Property Butler, Lower Parel Property Rates, November 2026, https://propertybutler.in/intelligence/prices/lower-parel. Median asking ₹51,081 per sq ft of carpet (n=45).

Part of the South Mumbai Price Index · browse Lower Parel listings · how we measure prices · Lower Parel area guide

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