Quick answer
3BHK in Lower Parel: ₹95,000/month. That's 73% above the Mumbai city median of ₹55,000/mo.
Maharashtra · Mumbai · 2026
3BHK Rent in Lower Parel, Mumbai
Cosmopolitan, corporate-driven, young professional crowd with excellent nightlife in converted mill compounds. — 3BHK flats start at ₹95,000/mo in 2026.
Lower Parel Rent — All Flat Types
vs Mumbai 3BHK median: +73% (city median ₹55,000/mo)
About Lower Parel
Lower Parel is Mumbai's premium business district, home to the Palladium mall, World Trade Centre, and craft breweries in old textile mills. Trendy restaurants and high-rise apartments dominate this rapidly gentrified neighbourhood. 1BHK ₹45,000-55,000, 2BHK ₹65,000-80,000.
Harbour Line and Central Line accessible. 20-30 min to Bandra by cab via Sea Link. Walking distance to most Lower Parel/Worli offices.
FAQs
What is the 3BHK rent in Lower Parel?
3BHK rent in Lower Parel, Mumbai is around ₹95,000/month for unfurnished to semi-furnished flats in 2026. Fully furnished adds 15-25%.
Is Lower Parel expensive for a 3BHK in Mumbai?
Lower Parel 3BHK rent is ₹95,000/mo — 73% above the Mumbai city median of ₹55,000/mo.
What is the security deposit for a 3BHK in Lower Parel?
Security deposit in Lower Parel is typically 2-3 months rent: ₹1,90,000–₹2,85,000. Brokerage is 1 month rent if you use an agent. Total upfront cost: ₹3,80,000–₹4,75,000.
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