Parel Property Rates, November 2026
Updated November 2026 · 40 tracked sale listings · asking rates per sq ft of carpet
Summary
As of November 2026, the median asking property rate in Parel, Mumbai is ₹53,689 per sq ft of carpet, based on 40 live sale listings Property Butler tracks. Most fall between ₹46,785 and ₹59,950 per sq ft. By BHK: 2 BHK ₹49,736/sq ft, 3 BHK ₹54,545/sq ft, 4 BHK ₹54,038/sq ft. By building, rates run from ₹45,000 to ₹59,988 per sq ft across 6 buildings. These are asking prices, not registered values.
Median asking ₹/sqft
₹53,689
Typical range (P25)
₹46,785
Typical range (P75)
₹59,950
Tracked listings
40
Parel property rates by BHK
| Configuration | Median asking ₹/sq ft | Listings (n) |
|---|---|---|
| 2 BHK in Parel → | ₹49,736 | 10 |
| 3 BHK in Parel → | ₹54,545 | 17 |
| 4 BHK in Parel → | ₹54,038 | 5 |
Parel property rates by building
Buildings with 3 or more live sale listings. Median asking rate per sq ft of carpet.
| Building | Median asking ₹/sq ft | Listings (n) |
|---|---|---|
| SOBHA INIZIO → | ₹59,988 | 4 |
| Bhoomi Simana → | ₹58,914 | 6 |
| The Edge → | ₹54,779 | 7 |
| Ruparel Jewel → | ₹49,728 | 3 |
| L&T Crescent Bay → | ₹47,222 | 5 |
| Rustomjee Vista Bay → | ₹45,000 | 3 |
More buildings in Parel
Is Parel worth it?
Parel's mill land transformation story is still playing out. L&T, Lodha, and Marathon have delivered landmark projects. Remaining mill parcels will create new supply, but location advantage keeps demand strong. Walking-distance to offices makes it the top rent-to-buy conversion market.
Frequently asked
What is the property rate in Parel per sq ft?
As of November 2026, Property Butler tracks a median asking rate of ₹53,689 per sq ft of carpet in Parel, across 40 live sale listings. Most listings fall between ₹46,785 and ₹59,950 per sq ft.
What are property rates by BHK in Parel?
Median asking rate per sq ft in Parel: 2 BHK ₹49,736 (n=10), 3 BHK ₹54,545 (n=17), 4 BHK ₹54,038 (n=5), from Property Butler's live listings.
Which buildings in Parel have the highest asking rates?
Among buildings with 3 or more live sale listings: SOBHA INIZIO at ₹59,988 per sq ft (n=4), Bhoomi Simana at ₹58,914 per sq ft (n=6), The Edge at ₹54,779 per sq ft (n=7). The full table covers 6 buildings.
Are these 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.
Cite this index
Property Butler, Parel Property Rates, November 2026, https://propertybutler.in/intelligence/prices/parel. Median asking ₹53,689 per sq ft of carpet (n=40).
Part of the South Mumbai Price Index · browse Parel listings · how we measure prices · Parel area guide
Want the real number for a specific Parel building?
Asking prices vary floor to floor. Ask us about the homes we hold in it.
Ask Property Butler →Parel guides & analysis
In-depth reads on prices, buildings and buying in Parel.