Is Mermit Tower a Ready to Move project?

Yes, Mermit Tower is a Ready to Move residential project, allowing buyers to take possession immediately without any construction wait.

Can I get a home loan for Mermit Tower?

Yes, most major banks and NBFCs offer home loans for ready-to-move projects like Mermit Tower, subject to eligibility.

What are the maintenance charges at Mermit Tower?

Maintenance charges at Mermit Tower depend on the apartment size and society services and are payable monthly or annually.

Where is Mermit Tower located?

Mermit Tower is located in Lower Parel, Mumbai, with the complete address being Lower Parel Mumbai, 400013.

Can I rent out my flat in Mermit Tower immediately after purchase?

Yes, since Mermit Tower is ready and legally compliant, owners can rent out their flats soon after registration. Rental demand is supported by the locality’s ranking of 67 and connectivity indices.

Mermit Tower Lower Parel, Mumbai | Price List, Floor Plan, Reviews & RERA Details

Name: Mermit Tower
Brand: Millennium Group Builders And Developers
SKU: SQY

About Mermit Tower

Mermit Tower is a budget friendly project that is well connected to major parts of the city. The project is located in Mumbai South and is close to Phoenix Mill Mall. The project offers an area of 1170 sqft. The project is a great investment option for those looking for a budget-friendly option in the city.

Mermit Tower Price List

Unit Type (Saleable)	Price*
2 BHK Apartment 1170 Sq. Ft	₹ 2.59 Cr	Check Availability

Mermit Tower Recent Updates

Last Update: May 2026

May 2026

A total of 1 residential transactions has been registered so far for Mermit Tower, amounting to ₹ 3 Cr till May 2026.

Mar 2026

Rent in Mermit Tower ranges from ₹ 1 L to ₹ 1 L with options available for 2 BHK.

Mar 2026

During Q1'2026, average property prices for Mermit Tower moved from ₹ 41,800/sqft to ₹ 43,200/sqft, reflecting a 3.35% rise.

Mermit Tower Floor Plans

2 BHK

1170 sq.ft ₹ 3.50 Cr

Representative image for Floor plan of 2 BHK 1170 Sq. Ft. Apartment in Mermit Tower, Mumbai

Floor Plans Coming Soon We're working on updating the latest floor plans. Get notified when they're ready!

Mermit Tower Amenities

Power Backup
24 x 7 Security
Fire Fighting Systems
Lift
24*7 Water Supply

Mermit Tower Specifications

Master Bedroom-Flooring	Vitrified Tiles
Other Bedrooms-Flooring	Vitrified Tiles
Living Area-Flooring	Vitrified Tiles
Bathroom	Premium Bath Fittings

Nearby Landmarks - Mermit Tower

Nearby Places

Netaji High School
College and University

0.4 km
Nmjoshi Marg Police Station
Bus Stop

0.3 km
Mansi Maternity And Surgical Nursing Home
Hospital

0.0 km

Is Mermit Tower Right for You?

Insights based on nearby schools, healthcare, connectivity, workplaces and everyday infrastructure.

For Families

Beyond education and healthcare access, nearby parks and everyday conveniences can support a more comfortable family lifestyle.

Swatantryaveer Savarkar Library within walking distance
Mansi Maternity And Surgical Nursing Home nearby for healthcare access
Phoenix Palladium

For Working Professionals

Strong connectivity through key transport routes can improve accessibility and may strengthen long-term demand for the location.

Netaji High School
Phoenix Palladium

Check Travel Time

Mermit Tower RERA Details

Square Yards RERA Reg. A51800000454

Price Rates & Insights for Mermit Tower

Quarter	Child Rate	Parent Rate
Mar 2026	43200	56950
Dec 2025	41800	53800
Sep 2025	56250	49800
Jun 2025	58500	50150

Sales
Transactions

1

Gross
Sales Value

₹ 3 Cr

Registered
Rate

₹ 28,400 / Sq. Ft.

Transaction Period Jun 25 to May 26

Configurations	In Mermit Tower	In Lower Parel
1 BHK	-	₹ 50.8 K
2 BHK	₹ 1.2 L	₹ 1.4 L
3 BHK	-	₹ 3.6 L
4 BHK	-	₹ 4.9 L
5 BHK	-	₹ 7.2 L

₹ 57,750

Sugee Sadan

₹ 56,950

Lower Parel

₹ 47,550

Dhanji Ram Swaroop Palai Tower

₹ 45,350

Prarthna Heights

₹ 43,200

Mermit Tower

Recent Registered Transactions in Mermit Tower

Date	Floor/Unit	Tower/Wing	Area	Value	Rate/Sq.Ft.
2025-07-22	Floor 23, Unit 2402	B	1550 Sq.Ft.	🔒	🔒
2025-05-30	Floor 15, Unit 1501	N/A	1440 Sq.Ft.	🔒	🔒

Locality Insights: Lower Parel

Lower Parel is a major commercial suburb of Mumbai, located 9.5 kilometres from downtown South Mumbai. It is centrally located between Naigaon, Chinchpakoli, Worli, and Sewri. Lower Parel is home to a number of upscale residential and commercial buildings constructed by developers such as Indiabulls, Soundline Realty, Orbit, and Zeus Housing and Construction. Lower Parel's prominent residential projects include Indiabulls Sky Forest, Soundlines Florence, Orbit Grand, and Zeus Heritage.

Price Insights

Average Asking Price in Lower Parel

₹ 56,950/Sq.ft

For Apartment Based on active listings and recent trends

Property Rates in Lower Parel

Locality Snapshot

#67 In Mumbai

Great +5 More

Train routes, cabs, and buses are most frequently used by the local public

Concerning +5 More

Roads and bridges need immediate development in most areas

Know More About Lower Parel

Reviews (62)

I live here as it’s famous for corporate hubs. I enjoy the upscale vibe and great rail connectivity. I feel the neighbourhood planning is quite professional. I am near Global Hospital and J.J. Academy. My suggestions come from my experiences with high rents and constant construction noise.

— Hansaben Zaveri, Tenant

View all 62 Reviews

Properties in Mermit Tower & Top Sellers

Buy
Rent
Top Sellers

All
2 BHK

https://img.squareyards.com/secondaryPortal/optImages/IN_639148744181970055-2005261146584658.jpg Cover Image

2 BHK Apartment For Sale in Mermit Tower Lower Parel, Mumbai

Lower Parel, Mumbai

Price On Request

Ready to Move
1200 Sq.Ft. (Built-up Area)

Dhruv Sunil Parekh 4.5

1 properties for Sale in Mermit Tower

1 properties of 2 BHK Flats for Sale in Mermit Tower

All
2 BHK

https://img.squareyards.com/secondaryPortal/IN_638995800862699469-2411251121262126.jpg Cover Image

2 BHK Apartment For Rent in Mermit Tower Lower Parel, Mumbai

Lower Parel, Mumbai

₹ 1.15 L

Ready to Move
850 Sq.Ft. (Carpet Area)

Prime Location
Gated Society
Safe & Secure Locality
Fully Renovated
Tasteful Interiors

Jaswant Gupta 3

https://img.squareyards.com/secondaryPortal/optImages/IN_639070334967138340-1802260544564456.jpg Cover Image

2 BHK + Pooja Room Apartment For Rent in Mermit Tower Lower Parel, Mumbai

Lower Parel, Mumbai

₹ 1.2 L

Ready to Move
900 Sq.Ft. (Carpet Area)

Gated Society
Safe & Secure Locality
Family
Quick Deal
Plenty of Sunlight

Vijay Pawar

https://img.squareyards.com/secondaryPortal/optImages/IN_639032511803993904-050126110620620.jpg Cover Image

2 BHK + Pooja Room,Servant Room,Study Room,Extra Room Apartment For Rent in Mermit Tower Lower Parel, Mumbai

Lower Parel, Mumbai

₹ 1.2 L

Ready to Move
1170 Sq.Ft. (Saleable Area)

Prime Location
Near City Center
Gated Society
Family
Bachelors

Pramod Kumar gupta 4

https://img.squareyards.com/secondaryPortal/IN_639011495077561304-1212250318271827.jpg Cover Image

2 BHK + Study Room Apartment For Rent in Mermit Tower Lower Parel, Mumbai

Lower Parel, Mumbai

₹ 1.25 L

Ready to Move
1170 Sq.Ft. (Saleable Area)

Safe & Secure Locality
Affordable
Newly Built
Family
Ample Parking

Gangeshwar Dhardubey 4.7

https://img.squareyards.com/secondaryPortal/optImages/IN_639132672787039660-0105260921182118.jpg Cover Image

2 BHK + Pooja Room Apartment For Rent in Mermit Tower Lower Parel, Mumbai

Lower Parel, Mumbai

₹ 1.9 L

Ready to Move
1450 Sq.Ft. (Built-up Area)

Wide Road
Gated Society
Well Maintained
Affordable
Family

AKKISHA PROPERTIES

https://img.squareyards.com/secondaryPortal/optImages/IN_639132561972022377-0105260616371637.jpg Cover Image

2 BHK + Pooja Room Apartment For Rent in Mermit Tower Lower Parel, Mumbai

Lower Parel, Mumbai

₹ 2 L

Ready to Move
1240 Sq.Ft. (Built-up Area)

Wide Road
Gated Society
Well Maintained
Affordable
Family

AKKISHA PROPERTIES

https://img.squareyards.com/secondaryPortal/optImages/IN_639132561793437043-0105260616191619.jpg Cover Image

2 BHK + Pooja Room Apartment For Rent in Mermit Tower Lower Parel, Mumbai

Lower Parel, Mumbai

₹ 2 L

Ready to Move
1500 Sq.Ft. (Built-up Area)

Wide Road
Gated Society
Well Maintained
Affordable
Family

AKKISHA PROPERTIES

https://img.squareyards.com/secondaryPortal/optImages/IN_639132585992519037-0105260656395639.jpg Cover Image

2 BHK + Pooja Room Apartment For Rent in Mermit Tower Lower Parel, Mumbai

Lower Parel, Mumbai

₹ 1.9 L

Ready to Move
1200 Sq.Ft. (Built-up Area)

Wide Road
Gated Society
Well Maintained
Affordable
Family

AKKISHA PROPERTIES

https://img.squareyards.com/secondaryPortal/optImages/IN_639042646014471873-1701260436413641.jpg Cover Image

2 BHK Apartment For Rent in Mermit Tower Lower Parel, Mumbai

Lower Parel, Mumbai

₹ 1.2 L

Ready to Move
900 Sq.Ft. (Carpet Area)

Prime Location
Safe & Secure Locality
Well ventilated
Family
Bachelors

shiv prakash 5

https://img.squareyards.com/secondaryPortal/optImages/IN_639057408816463641-0302260641214121.jpg Cover Image

2 BHK + Pooja Room Apartment For Rent in Mermit Tower Lower Parel, Mumbai

Lower Parel, Mumbai

₹ 1.1 L

Ready to Move
1170 Sq.Ft. (Saleable Area)

Chandrabhan matadin gupta 1

25 properties for Rent in Mermit Tower

10 properties of 2 BHK Flats for Rent in Mermit Tower

Vijay Pawar Pearl Housing Agency

Total Transactions: 2

4.5

Dhruv Sunil Parekh 360 Mumbai Inc

Total Transactions: 1

5

Shiv Prakash Dhruv Realty

Rental Listings: 61

Akkisha Properties Akkisha Properties

Resale Listings: 1837
Rental Listings: 5551

3.8

Santosh Mahadev Gawade 360 Mumbai Inc

Resale Listings: 270
Rental Listings: 318

About Millennium Group Builders And Developers

Total Projects 4
Delivered Projects3

Comparison of Mermit Tower with Similar Projects

Location
Micro-market
Unit Configs
Unit Size
Status

Mermit Tower

Lower Parel, Mumbai

22,222 Per Sq. Ft Onwards

Lower Parel, Mumbai
Mumbai South
2 Beds
1170 sq.ft - 1170 sq.ft (Saleable)
Ready to Move

Hubtown Celeste

Worli, Mumbai

2.00 Cr - 4.00 Cr

Worli, Mumbai
Mumbai South
1 BHK-2 BHK
330 sq.ft - 660 sq.ft (Carpet)
Under Construction

Peninsula Ashok Serenity

Byculla, Mumbai

3.25 Cr - 3.25 Cr

Byculla, Mumbai
Mumbai Harbour
2 Beds
1300 sq.ft - 1300 sq.ft (Saleable)
Ready to Move

KSA Pride

Agripada, Mumbai

3.67 Cr - 8.13 Cr

Agripada, Mumbai
Mumbai South
1 BHK-2 BHK-3 BHK-4 BHK
768 sq.ft - 1701 sq.ft (Carpet)
Ready to Move

View Comparison

Similar Alternate Projects you can consider in Mumbai

Praman Splendour Matunga, Mumbai 1,2,3 BHK

₹ 2.62 Cr to 9.38 Cr

Lodha Codename Hidden Jewel Featured Image

Lodha Codename Hidden Jewel Parel, Mumbai 2,3 BHK

₹ 4.20 Cr to 5.70 Cr

Happy Kamal Kunj Matunga, Mumbai 2,3,4 BHK

₹ 3.55 Cr to 6.98 Cr

Prarthna Heights Parel, Mumbai 2,3 BHK

₹ 3.25 Cr to 3.80 Cr

Lodha Venezia Parel, Mumbai 2,3,4 BHK

₹ 4.18 Cr to 6.96 Cr

Sugee Wawada Dadar West, Mumbai 1,2,3 BHK

₹ 1.79 Cr to 4.50 Cr

Dhanji Ram Swaroop Palai Tower Featured Image

Dhanji Ram Swaroop Palai Tower Dadar East, Mumbai 1,2,3 BHK

₹ 1.35 Cr to 3.63 Cr

Options Avenue 14 Dadar East, Mumbai 2,3,4 BHK

₹ 3.25 Cr to 5.42 Cr

Lodha Blue Moon Worli, Mumbai 2,3,4 BHK

₹ 4.37 Cr to 7.30 Cr

Dosti Belleza Parel, Mumbai 1,2,3 BHK

₹ 1.62 Cr to 3.69 Cr

Ruparel Jewel Wadala, Mumbai 2,3 BHK

₹ 3.50 Cr to 6.94 Cr

Sugee Parimal Dadar West, Mumbai 2,3 BHK

₹ 3.70 Cr to 5.26 Cr

Sugee Sadan Dadar West, Mumbai 1,2,3 BHK

₹ 2.03 Cr to 4.15 Cr

Peninsula Ashok Serenity Byculla, Mumbai 2 BHK

₹ 3.25 Cr

Avighna IX Lower Parel, Mumbai 2,3 BHK

₹ 3.00 Cr to 4.60 Cr

Post Property Ad for Free, Sell or Rent Property Online

Post Property for Free

Projects in Lower Parel, Mumbai

New Launch
Under Construction
Ready to Move

Sanghvi Parsssva Elysium Lower Parel, Mumbai 1, 2 BHK Retail Shop, Apartment

₹ 2.51 Cr to 2.51 Cr

Atlas Residency Lower Parel, Mumbai 1, 2, 3 BHK Apartment

₹ 1.47 Cr to 3.57 Cr

New Launch Projects in Lower Parel Mumbai

Kalpataru One Lower Parel, Mumbai 4, 5 BHK Apartment

₹ 36.00 Cr to 49.00 Cr

Sanghvi S3 Epitome Lower Parel, Mumbai 1, 2 BHK Apartment

₹ 2.10 Cr to 2.92 Cr

K Ras Building Lower Parel, Mumbai 2 BHK Apartment

₹ 1.39 Cr to 1.59 Cr

PR Aetheria Tower Lower Parel, Mumbai 1, 2 BHK Apartment

₹ 1.46 Cr to 2.16 Cr

Adi Darsshan Lower Parel, Mumbai 1 BHK Apartment

₹ 1.79 Cr to 1.84 Cr

RV Navkar Omnia Lower Parel, Mumbai 1 BHK Apartment

₹ 1.15 Cr to 1.57 Cr

Zeus Heritage Lower Parel, Mumbai 2 BHK Apartment

₹ 3.06 Cr to 3.10 Cr

K Ras Residency Lower Parel, Mumbai 2 BHK Apartment

₹ 2.64 Cr to 2.64 Cr

Orbit Terrace Lower Parel, Mumbai 1, 2, 3, 4 BHK Apartment

₹ 2.91 Cr to 11.76 Cr

TREC Plus Art Lower Parel, Mumbai 1, 2 BHK Apartment

₹ 2.00 Cr to 3.13 Cr

Under Construction Projects in Lower Parel Mumbai

Ruparel The Titan Lower Parel, Mumbai 3 BHK Apartment

Price On Request

Chandak Affinity Heights Lower Parel, Mumbai 2, 3 BHK Apartment

Price On Request

Lodha Supremus Lower Parel Featured Image

Lodha Supremus Lower Parel Lower Parel, Mumbai Office Space

Price On Request

JP Unity Tower Lower Parel, Mumbai 2 BHK Apartment

₹ 1.08 Cr to 1.78 Cr

Lodha Vista Lower Parel, Mumbai 2, 3 BHK Apartment

₹ 3.69 Cr to 8.44 Cr

Piramal Mahada Lower Parel, Mumbai 1 BHK Apartment

Price On Request

One Lodha Place Lower Parel, Mumbai Office Space

Price On Request

Marathon Heights Lower Parel, Mumbai 3 BHK Apartment

Price On Request

Kamla Trade World Lower Parel, Mumbai Office Space

Price On Request

Ready to Move Projects in Lower Parel Mumbai

Projects Near Lower Parel, Mumbai

New Launch
Under Construction
Ready to Move

Godrej Trilogy Worli, Mumbai 3, 4 BHK Apartment

₹ 17.49 Cr to 27.74 Cr

Lodha Worli Worli, Mumbai 2, 3, 4 BHK Apartment

Price On Request

Runwal Raaya Worli, Mumbai 3, 4, 5, 6 BHK Apartment

₹ 11.30 Cr to 55.19 Cr

Embassy Citadel Worli, Mumbai 3, 4, 5 BHK Apartment

₹ 13.88 Cr to 40.97 Cr

Lodha Promina Worli, Mumbai Office Space

Price On Request

The V Mansion Prabhadevi, Mumbai 2, 3, 4 BHK Apartment

₹ 6.15 Cr to 16.31 Cr

Vida Crest Byculla West, Mumbai 1, 2 BHK Apartment, Retail Shop

₹ 1.75 Cr to 2.27 Cr

Merx Icon Jacob Circle, Mumbai 2, 3 BHK Apartment, Retail Shop

₹ 2.99 Cr to 5.07 Cr

Inclineestate Vakratunda Crest Featured Image

Inclineestate Vakratunda Crest Parel, Mumbai 1, 2 BHK Apartment

Price On Request

Kamal Tower Parel, Mumbai 2 BHK Apartment

Price On Request

Lodha Sea Face Worli, Mumbai 5, 6 BHK Apartment

Price On Request

Lodha Trump Tower Worli, Mumbai 3 BHK Apartment

₹ 9.48 Cr to 11.11 Cr

Lodha Parkside Worli, Mumbai 2, 3 BHK Apartment

₹ 6.33 Cr to 9.96 Cr

Runwal 7 Mahalaxmi Mahalaxmi, Mumbai 2, 3, 4 BHK Apartment

₹ 4.20 Cr to 11.20 Cr

Lodha The Park Side Worli, Mumbai 2, 3 BHK Apartment

₹ 6.37 Cr to 9.49 Cr

Lodha Codename Must Have Worli, Mumbai Office Space, Retail Shop

Price On Request

Lodha The Park Tower 6 Worli, Mumbai 2, 3, 4, 5 BHK Apartment

₹ 6.16 Cr to 15.84 Cr

Piramal Mahalaxmi Central Tower Featured Image

Piramal Mahalaxmi Central Tower Mahalaxmi, Mumbai 3, 4 BHK Apartment

₹ 10.99 Cr to 14.23 Cr

K Raheja Vivarea Building No 3 Tower E Featured Image

K Raheja Vivarea Building No 3 Tower E Mahalaxmi, Mumbai 3, 4 BHK Apartment

₹ 13.50 Cr to 22.40 Cr

K Raheja Modern Vivarea Mahalaxmi, Mumbai 3, 4, 5 BHK Apartment

Price On Request

Oberoi Skyz Worli, Mumbai

Price On Request

Birla Century Bhavan Prabhadevi, Mumbai

Price On Request

Piramal House Worli, Mumbai 1 BHK Apartment

Price On Request

Chandak Cornerstone Worli, Mumbai 2 BHK Apartment

₹ 3.73 Cr to 3.75 Cr

K Raheja Vivarea Mumbai Mahalaxmi, Mumbai 3, 4 BHK Apartment

₹ 13.50 Cr to 17.50 Cr

Kalpataru Horizon Worli, Mumbai 3, 4 BHK Apartment

Price On Request

Lodha Excelus Mahalaxmi, Mumbai Office Space

₹ 4.62 Cr to 4.62 Cr

Oberoi Three Sixty West Worli, Mumbai 4, 5 BHK Apartment

₹ 45.00 Cr to 57.17 Cr

Runwals The Reserve Worli, Mumbai 3, 4 BHK Apartment

₹ 8.20 Cr to 9.34 Cr

Frequently Asked Questions About Mermit Tower

Q: Is Mermit Tower a Ready to Move project?

Yes, Mermit Tower is a Ready to Move residential project, allowing buyers to take possession immediately without any construction wait.
Q: Can I get a home loan for Mermit Tower?

Yes, most major banks and NBFCs offer home loans for ready-to-move projects like Mermit Tower, subject to eligibility.
Q: What are the maintenance charges at Mermit Tower?

Maintenance charges at Mermit Tower depend on the apartment size and society services and are payable monthly or annually.
Q: Where is Mermit Tower located?

Mermit Tower is located in Lower Parel, Mumbai, with the complete address being Lower Parel Mumbai, 400013.
Q: Can I rent out my flat in Mermit Tower immediately after purchase?

Yes, since Mermit Tower is ready and legally compliant, owners can rent out their flats soon after registration. Rental demand is supported by the locality’s ranking of 67 and connectivity indices.

i *Disclaimer

This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.

*Real Estate (regulation & development) act 2016.