Property Rates in Lower Parel, Mumbai (2026)
Looking to buy, sell, or rent a property in Lower Parel? Here is the current carpet-area rate for this locality in Mumbai, whether we currently have live listings here, and configuration-wise price estimates.
Average Rate (Carpet Area)
₹65,000 per sqft
Typical range: ₹57,200 – ₹72,800 per sqft
Premium Area
Ranked #11 of 94 localities in Mumbai by rate
Live Listings in Lower Parel
View all listings in Lower Parel →
Estimated Property Prices in Lower Parel
| Configuration | Carpet Area | Estimated Price |
|---|---|---|
| 1 BHK | 450 sq.ft. | ₹2.93 Cr |
| 2 BHK | 750 sq.ft. | ₹4.88 Cr |
| 3 BHK | 1100 sq.ft. | ₹7.15 Cr |
Estimates are indicative, based on residential carpet area, and assume a standard mid-floor unit with no premium/discount adjustments.
Similarly Priced Localities in Mumbai
| Bandra West | ₹60,000/sq.ft. |
| Juhu | ₹61,000/sq.ft. |
| Prabhadevi | ₹62,000/sq.ft. |
| Worli | ₹68,000/sq.ft. |
| Lower Parel (this locality) | ₹65,000/sq.ft. |
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Rates shown are researched estimates based on publicly available market data (Aug 2026) and are not guaranteed or a substitute for a professional valuation. Use our free valuation tool or contact us for a precise, property-specific estimate.