Floor plancoming soon
2 BHK Apartment - 1170 sq. ft. (Saleable)
Asking price
Price:₹ 3.50 Cr
Mermit Tower Lower Parel, Mumbai
₹3.50 Cr
₹22,222 Per Sq. Ft.
Estimated Rent: ₹1.1L/month
About Mermit Tower, Lower Parel by Millennium Group Builders And Developers
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.
Floor Plans and Pricing
Mermit Tower Floor Plans and Pricing
Floor plancoming soon
Mermit Tower Price Trends and Market Insights
Price Trends
Mermit Tower's average asking price is cooling quarter-on-quarter, compared with Lower Parel.
- Current asking price
- ₹ 42,550/sq.ft.
- Quarter over quarter price change
- -4.8% QoQ
Comparable Projects
Mermit Tower avg. price is ₹ 42.5 K/Sq.Ft. compared to Lower Parel at ₹ 54.1 K/Sq.Ft.
Rentals
Monthly Rent in Mermit Tower start from ₹ 1.1 L with options available for 2 BHK units
Recent Updates
Get the latest price and market updates for Mermit Tower.
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New Underground Water Tunnel to Bolster Mumbai's Water Supply
The Maharashtra government has approved an 8-km-long underground water tunnel project between Pise and Panjrapur in Thane district. This project, to be executed by the BMC, aims to supplement aging pipelines from Bhatsa Dam, thereby strengthening Mumbai's water transportation network.
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BMC Floats Tender for ₹13,000 Crore Flood Mitigation Plan
BMC has initiated a tender process to appoint a consultant for a comprehensive ₹13,000-crore flood-mitigation master plan. This plan aims to tackle Mumbai's chronic monsoon waterlogging by upgrading drainage infrastructure, enhancing pumping capacity, improving flood warnings, and incorporating nature-based solutions.
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Rent in Mermit Tower ranges from ₹ 1 L to ₹ 1 L with options available for 2 BHK.
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During Q2'2026, average property prices for Mermit Tower moved from ₹ 42,400/sqft to ₹ 44,700/sqft, reflecting a 5.42% rise.
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During Q1'2026, average property prices for Mermit Tower moved from ₹ 41,800/sqft to ₹ 42,400/sqft, reflecting a 1.44% rise.
Resale & Rental Listings in Mermit Tower
Explore resale and rental listings currently available in Mermit Tower, Mumbai.
Lower Parel, Mumbai
Price On Request- Ready to Move
- 1200 Sq.Ft. (Built-up Area)
Lower Parel, Mumbai
₹ 3.5 Cr- Ready to Move
- 1200 Sq.Ft. (Built-up Area)
Lower Parel, Mumbai
₹ 3.5 Cr- Ready to Move
- 1200 Sq.Ft. (Built-up Area)
Lower Parel, Mumbai
Price On Request- Ready to Move
- 2600 Sq.Ft. (Carpet Area)
Lower Parel, Mumbai
₹ 1.2 L- Ready to Move
- 900 Sq.Ft. (Carpet Area)
Lower Parel, Mumbai
₹ 1.9 L- Ready to Move
- 1450 Sq.Ft. (Built-up Area)
Lower Parel, Mumbai
₹ 2 L- Ready to Move
- 1500 Sq.Ft. (Built-up Area)
Lower Parel, Mumbai
₹ 2 L- Ready to Move
- 1240 Sq.Ft. (Built-up Area)
Lower Parel, Mumbai
₹ 1.2 L- Ready to Move
- 1170 Sq.Ft. (Saleable Area)
Mumbai
- Total Transactions: 1
Om Ealty
- Resale Listings: 1
- Rental Listings: 58
Reva Prime Reality
- Resale Listings: 23
- Rental Listings: 216
Mayank Khatri
- Resale Listings: 127
- Rental Listings: 28
Arohi Realty
- Rental Listings: 159
Amenities & Specifications of Mermit Tower
Convenience
- Power Backup
- 24*7 Water Supply
- Lift
Safety
- 24 x 7 Security
- Fire Fighting Systems
Specifications
- Master Bedroom-Flooring
- Vitrified Tiles
- Other Bedrooms-Flooring
- Vitrified Tiles
- Living Area-Flooring
- Vitrified Tiles
- Bathroom
- Premium Bath Fittings
Location and Connectivity Around Millennium Group Builders And Developers Lower Parel
Estimate commute from your office or kid's school to Mermit Tower.
Please select the starting point to calculate the travel time.
Trust & Verification
RERA Details of Mermit Tower
- Square Yards RERA Reg. A51800000454
How does Mermit Tower compare with similar projects?
Compare Mermit Tower with similar projects. Evaluate pricing, configurations, possession timelines, and project scale to find the best fit for your needs.
Mermit Tower
Lower Parel, Mumbai
- Price
- ₹3.50 Cr
- Per Sq. Ft
- ₹22,222 Per Sq. Ft
- Configuration
- 2 BHK Flats
- Unit Size
- 1170 Sq. Ft
- Possession
- N/A
- Status
- Ready to Move
- RERA No.
-
A51800000454
Neumec Interlude
Worli, Mumbai
- Price
- ₹4.29 Cr - 5.44 Cr
- Per Sq. Ft
- ₹31,000 Per Sq. Ft
- Configuration
- 2, 3 BHK Flats
- Unit Size
- 1385 to 1755 Sq. Ft
- Possession
- Jun 30, 2023
- Status
- Ready to Move
- RERA No.
-
A51800000454
Lodha Venezia
Parel, Mumbai
- Price
- ₹4.18 Cr - 6.96 Cr
- Per Sq. Ft
- ₹49,161 Per Sq. Ft
- Configuration
- 2, 3, 4 BHK Flats
- Unit Size
- 850 to 1416 Sq. Ft
- Possession
- Dec 2018
- Status
- Ready to Move
- RERA No.
-
P51900005378 P51900029289
New
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Full Cost Clarity
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Builder / Seller Details
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Developer
Millennium Group Builders And Developers Track Record
Happy Kamal Kunj
Matunga, Mumbai
2,3,4 BHK
₹ 3.55 Cr to 6.98 Cr
Praman Splendour
Matunga, Mumbai
1,2,3 BHK
₹ 3.49 Cr to 12.50 Cr
Lodha Codename Hidden Jewel
Parel, Mumbai
2,3 BHK
₹ 4.20 Cr to 5.70 Cr
Lodha Venezia
Parel, Mumbai
2,3,4 BHK
₹ 4.18 Cr to 6.96 Cr
Prarthna Heights
Parel, Mumbai
2,3 BHK
₹ 3.25 Cr to 3.80 Cr
Lodha Blue Moon
Worli, Mumbai
2,3,4 BHK
₹ 4.37 Cr to 7.30 Cr
Sanghvi Shree Mohankheda Heights
Ghodapdeo, Mumbai
2 BHK
₹ 2.65 Cr to 3.20 Cr
Options Avenue 14
Dadar East, Mumbai
2,3,4 BHK
₹ 3.27 Cr to 9.37 Cr
Neumec Interlude
Worli, Mumbai
2,3 BHK
₹ 4.29 Cr to 5.44 Cr
Dhanji Ram Swaroop Palai Tower
Dadar East, Mumbai
1,2,3 BHK
₹ 1.35 Cr to 3.63 Cr
Godrej Trilogy
Worli, Mumbai
3, 4 BHK Apartment
₹ 18.89 Cr to 29.96 Cr
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
₹ 14.33 Cr to 42.30 Cr
Lodha Worli
Worli, Mumbai
2, 3, 4 BHK Apartment
Price On Request
Aztec One Parel
Parel, Mumbai
1 BHK Apartment
₹ 1.59 Cr to 1.87 Cr
Inclineestate Vakratunda Crest
Parel, Mumbai
1, 2 BHK Apartment
Price On Request
Vida Crest
Byculla West, Mumbai
1, 2 BHK Apartment, Retail Shop
₹ 1.75 Cr to 2.27 Cr
The V Mansion
Prabhadevi, Mumbai
2, 3, 4 BHK Apartment
₹ 6.15 Cr to 16.31 Cr
Lodha Sea Face
Worli, Mumbai
5, 6 BHK Apartment
Price On Request
Godrej Sky
Byculla East, Mumbai
2, 3, 4 BHK Apartment
Price On Request
K Raheja Modern Vivarea
Mahalaxmi, Mumbai
3, 4, 5 BHK Apartment
₹ 21.24 Cr to 34.31 Cr
Runwal 7 Mahalaxmi
Mahalaxmi, Mumbai
2, 3, 4, 5 BHK Apartment
₹ 4.70 Cr to 15.36 Cr
Piramal Mahalaxmi North Tower
Mahalaxmi, Mumbai
3 BHK Apartment
₹ 8.05 Cr to 9.27 Cr
Birla Niyaara
Worli, Mumbai
2, 3, 4 BHK Apartment
₹ 10.61 Cr to 37.85 Cr
Kalpataru One
Worli, Mumbai
4, 5 BHK Apartment
₹ 36.00 Cr to 49.00 Cr
Lodha Promina
Worli, Mumbai
Office Space
Price On Request
Prestige Nautilus
Worli, Mumbai
4, 5 BHK Apartment
₹ 42.00 Cr to 86.00 Cr
Ruparel Vivanza
Byculla, Mumbai
1, 2, 3 BHK Apartment
₹ 1.73 Cr to 4.58 Cr
Lodha The Park Side
Worli, Mumbai
2, 3 BHK Apartment
₹ 5.72 Cr to 8.57 Cr
K Raheja Vivarea Building No 3 Tower E
Mahalaxmi, Mumbai
3, 4 BHK Apartment
₹ 15.73 Cr to 26.15 Cr
K Raheja Vivarea
Mahalaxmi, Mumbai
3, 4 BHK Apartment
₹ 14.78 Cr to 19.19 Cr
Piramal Mahalaxmi Central Tower 2
Mahalaxmi, Mumbai
3, 4 BHK Apartment
₹ 6.96 Cr to 9.01 Cr
Lodha The Park Tower 6
Worli, Mumbai
2, 3, 4, 5 BHK Apartment
₹ 5.90 Cr to 14.29 Cr
Lodha The Park Trump Tower
Worli, Mumbai
3, 4 BHK Apartment
₹ 9.93 Cr to 11.98 Cr
Lodha Codename August Moon
Worli, Mumbai
2, 3, 4, 5 BHK Apartment
₹ 6.16 Cr to 15.84 Cr
Lodha Kiara
Worli, Mumbai
2, 3, 4, 5 BHK Apartment
₹ 5.90 Cr to 14.29 Cr
Lodha Trump Tower
Worli, Mumbai
3 BHK Apartment
₹ 9.27 Cr to 10.80 Cr
Lodha The Park Codename August Moon
Worli, Mumbai
2, 3, 4, 5 BHK Apartment
₹ 6.16 Cr to 15.84 Cr
Frequently Asked Questions About Mermit Tower
Apartment prices at Mermit Tower start from ₹ 3.50 Cr and go up to ₹ 3.50 Cr, with an average price of ₹ 22,222 Per Sq. Ft. per sq ft.
Yes, Mermit Tower is a Ready to Move residential project, allowing buyers to take possession immediately without any construction wait.
Mermit Tower has received its completion and occupancy approvals. With a possession status of Ready to Move, buyers can move in immediately after completing purchase formalities.
Yes, since Mermit Tower is a Ready to Move project in Lower Parel, buyers can arrange site visits and inspect the actual apartment before finalizing the deal.
Yes, Mermit Tower has received its Occupancy Certificate, confirming that the project is legally approved for residential use.
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.
