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Lower Parel, Mumbai

Mumbai South, 400013

  • 4.3
  • (23 Reviews)
  • Nightlife Pockets
  • Investor Interest
  • Premium Pockets
  • Short CBD Commute
+3 Photos
Mumbai
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Location Map of Lower Parel, Mumbai
  • Rank 67 out of 966 localities
  • Average Sale Price ₹ 53,450/Sq. Ft.
  • Average Rental ₹ 136/Sq. Ft.

About Lower Parel, Mumbai

Lower Parel is situated in Mumbai. It falls within the Mumbai South. The area is bordered by Naigaon, Chinchpokli, Worli, and Sewri, and is well connected by major roads, the Western Railway line, and the Mumbai Monorail. The PIN code for this locality is 400013. In citywide comparisons, the area ranks 67. The city features a total of 966 listed localities. Based on residents’ experiences, the area's overall liveability rating is 4.3.


There are 3 new residential projects which are currently listed in the locality. Around 10 projects are still under construction. About 10, housing societies are ready for occupation. The area offers a range of residential options, including Apartment, Office Space.


The listed property count is 1,777. Market listings show 368 homes available for sale. The average selling price in the locality is 53,450. Prices generally fall within the ₹ 65 Lakhs to 280 Crore. On the rental side, there are 1,140 homes listed. The average monthly rent is 136 for various rental options.


Infrastructure & Connectivity


Major roads like Tulsi Pipe Road and NM Joshi Marg run through the area, linking it to South Mumbai, Worli, and nearby business districts. Public transport is readily accessible, with buses, taxis, and auto-rickshaws operating throughout the day. The Mumbai Monorail station also serves the locality and is convenient for short-distance travel within central Mumbai.


The upcoming Metro Line 3 is expected to enhance connectivity by providing a faster route to Bandra, BKC, and South Mumbai. Once operational, it will lessen reliance on road travel and alleviate congestion in the area.


How Do People Rate Lower Parel?


The lifestyle score is 4.3. Everyday comfort is stable, with a livability score of 4.3. Grocery stores, cafes and essential services are easily accessible, and most needs can be met within a short distance from main roads.


The connectivity score is 4.2. The Western Railway line, Tulsi Pipe Road, NM Joshi Marg, and the Mumbai Monorail serve daily commuters, and the upcoming Metro Line 3 will improve travel options when operational.


The education and health score here is 4.3. Well-known schools include Muktangan English School and Jr College and Helen Keller Institute for the Deaf & Blind. Medical facilities are also located across the area, including Nirmala Hospital Maternity and GDA Impex, ensuring easy access to quality education and healthcare.


Premium residential towers are located along main roads, while older buildings and commercial spaces are concentrated in the inner stretches.


Distance to Nearby Localities/Important Places


Nearby localities

Distance

Lower Parel to Worli

1.0 km

Lower Parel to Prabhadevi

2.4 km

Lower Parel Dadar

5.7 km

Lower Parel to Bandra

9.0 km

Lower Parel to Chhatrapati Shivaji Maharaj International Airport

13.4 km


Market Trends & Investment Potential


Listings in Lower Parel show 368 homes for sale and 1,140 available for rent. The average sale value is 53,450, with transactions typically ranging from ₹ 65 Lakhs to 280 Crore. On the rental side, the average is 136, and choices are listed within 15000-10000000. Government figures indicate the 2,153 property transactions in recent records.


For rentals,Apartment, Office Space, Pg accounts for the majority of available options. Resale activity is intense, with 368 properties currently listed.

Lifestyle(4.3/5)

  • Major retail presence with Ikea and specialty stores.
  • Midtown Fitness offers top-notch recreational facilities.
  • Diverse dining options, including trendy cafes and bars.

Livability(4.3/5)

  • Reliable bus stops ensure easy local transportation access.
  • Diverse restaurants provide a vibrant dining experience.
  • Multiple schools and colleges enhance educational opportunities.

Connectivity(4.2/5)

  • Transportation options: 3 bus stops enhancing connectivity.
  • Nearby bus stops connect to key local destinations.
  • Convenient bus routes support efficient local travel.

Edu & Healthcare(4.3/5)

  • Accessible hospital ensures essential healthcare nearby.
  • Multiple schools foster diverse educational opportunities.
  • Healthcare and schools enhance community well-being together.

Why Choose Lower Parel for Living? Advantages & Considerations

What is Great?

  • Train routes, cabs, and buses are most frequently used by the local public
  • Many flyovers and roads can be seen throughout the area for better connectivity
  • Good educational and medical facilities are available near the locality
  • Many renowned markets, grocery shops, and malls are available nearby
  • Many business hubs, workplaces, and offices are positioned near the locality

What is Concerning?

  • Roads and bridges need immediate development in most areas
  • Pollution is a major issue in the locality
  • Traffic congestion during peak hours
  • Poor waste management on some roads
  • Overcrowded & densely populated locality

Explore Key Amenities in Lower Parel, Mumbai

map
  • Schools

  • Bus Stops

  • Hospitals

  • Restaurants

  • College and Universities

  • Clinics

  • Gym Fitness

  • Clothings

  • Temples

  • Cinema Halls

Schools Near by Lower Parel
Lycee Francais International De Mumbai (lfim) 0.26 KM
Ganpatrao Kadam Marg Bmc School 0.30 KM
Central Railway Employees Edu.soc.shri V.v.k Sarma High School & Jr.college 0.56 KM
Government Iti Lower Parel.....government School 0.60 KM
Dr.babasaheb Ambedkar Municipal School 0.76 KM
N.m.joshi Marg Municipal Secondary School 0.83 KM
Maratha Mandir's Babasaheb Gawde English Medium School 0.99 KM
K.g.t.i. International School 1.17 KM
Kamaladevi Gobindram Tahiliani (kgt) International School 1.19 KM
Globe Mill Passage Municipal School 1.30 KM
Bus Stops Near by Lower Parel
Phoenix Mill 0.13 KM
Karamveer Vithalrao Yadav Chowk 0.18 KM
Gopikrishna Piramal Hospital 0.27 KM
Dawn Mill 0.30 KM
Peninsula Tower Lower Parel (parking Lot) 0.34 KM
Dainik Shivner 0.37 KM
K.v.yadav Chowk 0.38 KM
Dainik Vibhag 0.41 KM
Best Receiving Centre (worli) 0.47 KM
Shree Ram Mill 0.48 KM
Hospitals Near by Lower Parel
Siddhachal Hospitals 0.42 KM
Mhaskar Hospital 0.54 KM
J.c. Diagnostic Centre And Nursing Home 0.80 KM
Sankalp Eye Care Centre 0.88 KM
Nirmala Multispeciality Hospital 1.12 KM
Maru Hospital 1.17 KM
Nana Palkar Smruti Samiti 1.29 KM
Kasturba Hospital For Infectious Diseases 1.39 KM
Cue Sports Arena 1.41 KM
Peoples Mobile Hospital 1.46 KM
Restaurants Near by Lower Parel
Shizusan 0.07 KM
Shree Sunders 0.07 KM
Eight 0.12 KM
Asilo - The St. Regis Mumbai 0.13 KM
Foo Phoenix Palladium 0.14 KM
The Runway Project By Pizzaexpress 0.26 KM
5 Spice 0.26 KM
Radhe Shyam 0.28 KM
Ambience Bar & Kitchen 0.32 KM
By The Mekong - The St. Regis Mumbai 0.38 KM
College and Universities Near by Lower Parel
Ice College Of Hotel Management And Catering Technology 0.79 KM
R. A. Podar Ayurved Medical College 1.21 KM
College Of Physicians & Surgeons Of Mumbai 1.43 KM
Hsnc University 1.52 KM
Niranjan Hiranandani School Of Management And Real Estate 1.53 KM
M D College Of Arts 1.57 KM
R. M. Bhatt College 1.69 KM
Dr. T. K. Tope Arts & Commerce Night Senior College 1.72 KM
Sasmira's Institute Of Management Studies And Research 1.72 KM
Xavier Institute Of Business Management Studies - Xibms Mumbai 1.74 KM
Clinics Near by Lower Parel
Titan Eye+ At Phoenix Palladium Mall 0.29 KM
Agilus Diagnostics Dr. Phadke Labs - G K Marg 0.31 KM
Lenskart.com At Lower Parel 0.43 KM
Primacare Diagnostics 0.59 KM
Sabka Dentist - Lalbaug 1.08 KM
Dr. Jeet V Savla 1.16 KM
Dr Lakin Vira - Best Piles & Fissure Fistula Surgeon | Hernia & General Surgeon In Lalbaug 1.16 KM
Dr Kashyap Dakshini 1.31 KM
Gurukrupa Ent & Cardiac Centre - Best Ent Specialist In Worli | Otolaryngology 1.34 KM
Lenskart.com At Atria Mall 1.36 KM
Gym Fitness Near by Lower Parel
Fitness First 0.22 KM
Cult Gym Lower Parel 0.32 KM
Fitfuda 0.45 KM
3 Fitness Gym 0.46 KM
Adyantiyoga (a Group Of Traditional Yogis) 0.72 KM
Gold's Gym Lower Parel 1.36 KM
Fitness 365d (lalbaug) 1.45 KM
Cult Gym Prabhadevi 1.79 KM
Cult Gym Oic Lower Parel 1.85 KM
Empower Fitness 1.87 KM
Clothings Near by Lower Parel
Manyavar & Mohey 0.28 KM
Cottonking Lalbaug 1.10 KM
Jockey Store-gurukrupa 1.15 KM
Decathlon Sports Atria Mall 1.36 KM
Z-bat Clinic 1.54 KM
Zodiac Clothing Co Ltd 1.72 KM
Just Wear 1.76 KM
Decathlon Sports Prabhadevi 1.84 KM
Retail Mills Cloth Stores 1.86 KM
Pepe Jeans 2.50 KM
Temples Near by Lower Parel
Nipponzan Myohoji Buddhist Temple 1.20 KM
Prabhadevi Mandir 2.02 KM
Ravindra Natya Mandir 2.19 KM
Baradevi Temple 2.29 KM
Shree Siddhivinayak Temple 2.36 KM
Shree Ghodapdev Temple. 2.39 KM
Golphadevi Mandir 2.74 KM
Shree Swaminarayan Mandir 2.88 KM
Shree Mahalakshmi Temple 2.94 KM
Shri Shantinath Bhagwan Shwetambar Jain Temple 2.94 KM
Cinema Halls Near by Lower Parel
Pvr - Phoenix Lower Parel 0.26 KM
Odeon Theatre - Cinema 0.86 KM
Orama 4d Theatre 1.36 KM
Inox Insignia 1.39 KM
Jaihind Mukta A2 Cinemas 1.52 KM
Premier Cinema 1.97 KM
Gold Cinema 2.21 KM
Palace Talkies 2.35 KM
Maratha Mandir Theatre 2.80 KM
Inox Nakshatra Mall 3.09 KM

Check Travel Time from Lower Parel to Major Areas in Mumbai

Price Rates & Insights for Lower Parel, Mumbai

Property Valuation

Comprehensive assessment of your property's current worth in the current market

Asking Price in Lower Parel
Lower Parel has 165 Listings on Marketplaces with Median Price of ₹ 53.3 K/Sq.Ft.
Transaction Value Sale Count
40K - 45K 21
45K - 50K 35
50K - 55K 30
55K - 59.5K 54
59.5K - 64.5K 19
64.5K - 69.5K 6
Govt. Registrations in Lower Parel
2,153 Sales Transactions Registered in Lower Parel From Feb 25 to Jan 26 at Avg. Price ₹ 31.3 K/Sq.Ft.
Sales Transactions
2,153
Gross Sales Value
₹ 5,269 Cr
Registered Rate
₹ 31,300 / Sq. Ft.
Transaction Period Feb 25 to Jan 26
Rental Supply in Lower Parel
Monthly Rent in Lower Parel ranges from ₹ 29 K to ₹ 12 L with options available for STUDIO,1,2,3,4,5,6 BHK units
Configurations In Lower Parel
STUDIO ₹ 29 K
1 BHK ₹ 48.1 K
2 BHK ₹ 1.4 L
3 BHK ₹ 3.7 L
4 BHK ₹ 4.9 L
5 BHK ₹ 7.8 L
6 BHK ₹ 12 L
View More
Near by Locations for Lower Parel
Lower Parel avg. price is ₹ 53.3 K/Sq.Ft. compared to Mumbai at ₹ 36 K/Sq.Ft.
₹ 65,750
Worli
₹ 63,650
Mahalaxmi
₹ 53,300
Lower Parel
₹ 44,750
Parel
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Property Demand & Supply in Lower Parel, Mumbai

  • Sale
  • Rent
By Property Type
Demand
Supply
Apartment
79%
79%
Builder Floor
1%
1%
Land
7%
1%
Office Space
12%
20%
By BHK
Demand
Supply
1 BHK
35%
14%
1 RK
4%
1%
2 BHK
16%
18%
3 BHK
11%
38%
4 BHK
9%
21%
By Budget
Demand
Supply
50 L - 2 Cr.
47%
10%
2 Cr. - 5 Cr.
17%
21%
Above 5 Cr.
35%
59%
By Property Type
Demand
Supply
Apartment
86%
75%
Office Space
6%
22%
Pg
4%
2%
By BHK
Demand
Supply
1 BHK
57%
26%
1 RK
10%
2%
2 BHK
9%
21%
3 BHK
5%
36%
4 BHK
1%
10%
By Budget
Demand
Supply
15000 - 30000
30%
5%
30000 - 50000
21%
7%
Above 50000
47%
88%

Explore Localities Nearby Lower Parel, Mumbai

Top Builders in Lower Parel, Mumbai

Reviews & Ratings of Lower Parel, Mumbai

Read the reviews about Lower Parel, Mumbai and see what residents and real estate experts have to say about the project.

4.3
23 Ratings
  • 5 Star
  • 4 Star
  • 3 Star
  • 2 Star
  • 1 Star
What’s good
  • Reputed Schools or Hospitals in the Vicinity
  • Near Metro or Good Public Transport
  • Plenty of Shopping & Entertainment Options Nearby
  • Business Hubs & Offices in Close Proximity
What’s bad
  • Water Logging & Sewage Disposal Problems
  • Decaying or Broken Roads
  • Limited or no Green Areas & Parks
  • Crime Prone with Blind Spots
Top Reviews
Ravi
Tenant
Positive

Living in Lower Parel makes me really happy since everything I require is just a stroll away. Remaining close to my office in Peninsula Business Park keeps me in check. Daily for my travel, I use the Lower Parel railway station and the Monorail; the new Aqua Line 3 metro at Acharya Atre Chowk is a major benefit for me. Global Hospital is very well-known and close for medical needs. My work drives my decision to rent here, and the ambience of the luxury towers draws me. This area is really expensive for a commoner; it is definitely not economical. Finally, the noise from ongoing construction and the congested walkways truly irritate me, so I believe the pedestrian paths need immediate modernization.

Read more
Ishaan
Real estate agent
Positive

Lower Parel is the very hub of the Mumbai social and business scene. I find the change from ancient mills to opulent buildings quite amazing. For quickest travel, I advise using the monorail and nearby train stations. For residents, I view great advantages in top institutions such as J.J. Academy and Global Hospital. Because the roads are always lit and crowded, I feel quite secure at night here. For socializing, I love Phoenix Palladium's attitude as well as the nearby Kamala Mills. Because everyone wants to live close to their employment, rental returns seem to be very high. I find the great noise levels and heavy road traffic rather tiring.

Read more
Animesh
Owner
Positive

I adore my Lower Parel life because it is the centre of Mumbai's corporate and social buzz. As the Monorail and local train make my travel rather seamless, I am astounded by the link. Because nearby top-level JSW Hospital and J.J. Academy, I recommend this region. The active nightlife and continual security make me very safe for women at night. I like the vertical vegetation in luxury towers and entertaining weekends on High Street Phoenix. With great rental returns from bankers, my investment is really lucrative. Still, I want faster road maintenance and enhanced traffic management. This area is surely a dreamer's heaven.

Read more
1+
review image
Mahesh Gupta
Real estate agent

It's nice society good locality, Near by market and hospital railway station. Very good apartment.

Read more
Saudeep Dhar
Tenant

I have been living in this place for 15 years as a tenant. This place has all kinds of transport facilities with good road connectivity. All kinds of basic amenities like schools, colleges, hospitals, clinics, and markets are available here nearby. This place is vibrant, the residents are from a mixed culture. The local people are helpful and kind and make the place safe for all.

Read more
Pragya Modi
Former resident

This place is in a posh area in Mumbai and has a different vibe. The place has the culture of proper Maharashtra as well as the flexibility of south Mumbai. This place has lots of showrooms of famous brands from all over the world. This is close to the sea beach and all types of people live here. The cleanliness of this place is well maintained and the security is well observed.

Read more
Medhansh Datta
Owner

I have been living here for 7 years in my own house with my family. This place has all kinds of transport facilities available public and private as well. All kinds of basic amenities like schools, colleges, shops, banks, ATMs, clubs, and restaurants are available here. This place has good security and people can enjoy the nightlife safely. The water supply and electricity supply are good in this place. Local grocery shops, salons, and gyms are easily available here.

Read more
Sairaj Apte
Owner
Positive

Positives: High rental yield here appeals to me. My encounters at Global Hospital are really reliable. For entertainment, I like Phoenix Palladium trips. My encounters with the Monorail and nearby train systems have been effortless.

Negative

Negatives: I advise correcting my unfavourable experience with noise. Here I lack public libraries and open green spaces.

Read more
Rajesh Tiwari
Tenant
Positive

Positives: I live in Lower Parel, whose originality derives from the conversion of ancient textile factories into stylish corporate spaces. My renter experience is simply so. Many cannot afford the exorbitant rents. I travel through the Lower Parel metro station on the Aqua Line, and for any needs I value the nearby Podar International School and Tata Memorial Hospital. Phoenix multiplexes provide excellent entertainment.

Negative

Negatives: Generally I feel safe, but some accounts of vehicle thefts from exposed parking areas worry me. Many vital services like inexpensive local markets are distant from the luxury areas, therefore I really need less noise here and better air quality.

Read more
Parineeti Shetty
Owner
Positive

Positives: Since the property value keeps increasing, I believe Lower Parel is the most suitable investment site. The central location and closeness to the Worli Sea Link elevate its exceedingly elite status in my view. The opulence of the luxury lifestyle and the ease of having Palladium Mall nearby appeal to me.

Negative

Negatives: At night, though, the street lights in the interior lanes behind the main routes are very weak. Furthermore, less effective tan the newer towers is the garbage collection in the older sections of the neighborhood. Furthermore, I believe there is a severe dearth of child sports fields available. Apart from these, I'm very happy I bought a house in this thriving business hub.

Read more
Shanti Koli
Owner
Positive

Positives: I am a very delighted owner because of its position right in Mumbai. With great shopping areas like High Street Phoenix and emergency services like KEM Hospital so near, my experience has been fantastic. With its excellent connectivity via the Western Line and the modern underground metro facilities, this location is quite easy. After much investigation, I discovered this property, which fits my quiet existence perfectly.

Negative

Negatives: But the absence of free public parks and the dusty air caused by high-rise construction bother me. Every day we deal with parking problems for visitors; therefore, I think the drainage system has to be urgently repaired to avoid monsoon waterlogging.

Read more
Ratan
Former resident
Positive

Positives: I lived in Lower Parel, and the lively energy there appealed to me. Walking to my work hub every morning in Peninsula Business Park was my biggest benefit. My most preferred location for hanging out was High Street Phoenix, where I spent a great deal of time. Near Worli Sea Face, a little drive away, I found the ocean wind to be enjoyable. The best-known institutions locally were Podar International School and NMIMS. The streets were constantly busy, so I felt rather secure.

Negative

Negatives: Daily groceries are becoming more costly every day. I thought the old chawl reconstruction called for very swift measures. Peaceful surroundings were missed at my old street.

Read more
Mahindra
Tenant
Positive

Positives: As a renter, I have been living in Lower Parel since it is adjacent to the Lodha Excelus office center. For me, the lavish lifestyle and the future Metro Line 3 connection are my main advantages. I often buy at Palladium or the neighbourhood Currey Road stores. For me, the medical care offered at KEM Hospital is very beneficial. I find pleasure in the little green regions inside the restricted walled settlements.

Negative

Negatives: bad hygiene in the ancient chawl regions. One major disadvantage is the absence of cheap public plants. I am quite concerned about the government repairing the waterlogged roadways and the damaged footpaths. For tiny rooms, the exorbitant rent irritates me most of all.

Read more
Urjavaha Khatri
Owner

This place is well connected with other parts of the city and all basic facilities are available here. The basic amenities with schools, colleges, bus stops, hospitals, and clinics are available nearby. The roads are well maintained and well lit and the electricity supply and water supply service are good here. This place is unhygienic and the garbage is not regularly disposed of.

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Parijat Mangal
Tenant

This place is good for living with all kinds of basic facilities available. This place has all types of basic facilities like schools, bus stops, banks, ATMs, and hospitals nearby. This place is well connected with other parts of the city by roads. The place is well maintained by the authorities and has tight security. This is a highly polluted area and regular construction work makes the air more polluted.

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FAQs

Q: What is Lower Parel famous for?

Lower Parel is known for its large office complexes, modern residential towers, and popular malls, including High Street Phoenix and Palladium.

Q: Is Lower Parel expensive?

Yes, Lower Parel is considered a high-end area. Property prices and rents are higher due to strong demand, office hubs, and limited space.

Q: What is the PIN code of Lower Parel?

The PIN code of Lower Parel is 400013.

Q: Is Lower Parel a good place to live?

Yes, Lower Parel is ideal for working professionals seeking proximity to offices and commercial areas. Connectivity and amenities are good. Traffic congestion and higher costs are common concerns.

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