Squareyards Logo
DataIntelligence
New Advertise with us Sell or Rent Property
Login

Mermit Tower Lower Parel, Mumbai

  • ₹3.50 Cr + Charges ₹22,222 Per Sq. Ft
    Price Insights
  • Project Status Ready to Move
  • Unit Config 2 BHK Flats
    Size 1170
    Sq. Ft
Why Invest through Square Yards?
  • Zero Brokerage

    100% Service, 0% Brokerage

  • Lowest Price Guaranteed

    Highly unlikely, but if you find a lower price anywhere, tell us and we will match it.

  • Full Service Support

    Our sales personnel are accountable for every step

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
Get a CIBIL Linked Home Loan Estimate
  • 100+Banking
    Partners
  • 50KHappy
    Customers
  • ₹6000Cr+Loan
    Disbursed

Mermit Tower Recent Updates

Last Update: Feb 2026
Feb 2026

A total of 2 residential transactions has been registered so far for Mermit Tower, amounting to ₹ 5 Cr till February 2026.

Dec 2025

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

Jun 2025

During Q2'2025, average property prices for Mermit Tower moved from ₹ 55,250/sqft to ₹ 58,500/sqft, reflecting a 5.88% 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!
2 BHK 1170 Sq. Ft. Apartment
₹ 3.50 Cr + Charges
₹ 2.42 L EMI

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
map
  • Schools
  • Bus Stops
  • Hospitals
  • ATMs
  • Mosques
  • Banks
  • Shopping Malls
  • Post Offices
  • Temples
  • Colleges and Universities
Schools Near by Mermit Tower
Swatantryaveer Savarkar Library 0.49 KM
Dsb International School 0.50 KM
Lalbaugcha Raja Sarvajanik Ganeshotsav Library 0.61 KM
Kms Dr Shirodkar High School 1.02 KM
Dr. Shirodkar Highschool 1.05 KM
St Ignatius High School 1.26 KM
Maratha High School 1.27 KM
Little Wonders Play School 1.27 KM
Kgt International School 1.32 KM
R M Bhatt High School And Junior College 1.36 KM
Bus Stops Near by Mermit Tower
Nmjoshi Marg Police Station 0.31 KM
Bharatmata Cinema 0.53 KM
Gopikrishna Piramal Hospital 0.82 KM
Toddy Company Empire Dyeing 0.82 KM
Comgulabrao Ganacharya Chowk 0.90 KM
Parel Workshop 0.91 KM
Comgulabrao Ganacharya Chowk 0.95 KM
Saibaba Road Parel 0.96 KM
Mahatma Gandhi Hospital 0.97 KM
Drshirodkar High School 1.04 KM
Hospitals Near by Mermit Tower
Mansi Maternity And Surgical Nursing Home 0.05 KM
Yerala Homeopathic Hospital Yerala Medical Trust?s Homoeopathic College 0.20 KM
Trivedi Sadan Municipal Dispensary 0.20 KM
Dr Nerurkar Harish Nursing Home 0.29 KM
Kshitij Mansik Arogya Centre 0.34 KM
Mhasakar Hospital 0.34 KM
Shree Jain Seva Mandal 0.66 KM
Shenoy Nursing Home 0.67 KM
K K Hospital 0.67 KM
Maru Hospital 0.71 KM
ATMs Near by Mermit Tower
Citibank Atm 0.39 KM
Bankof India Atm 0.50 KM
Axis Bank Atm 0.53 KM
Axis Bank Atm 0.93 KM
Hdfc Bank Atm 0.94 KM
Hdfc Bank Atm 0.98 KM
Corporation Bank Atm 1.04 KM
Canara Bank Atm 1.07 KM
Bankof India Atm 1.13 KM
Dena Bank Atm 1.26 KM
Mosques Near by Mermit Tower
Bawla Masjid 0.11 KM
Ahmed Sailor Masjid 0.65 KM
Kairuddin Masjid 0.80 KM
Nawab Ayaz Ali Khan Masjid Trust 1.11 KM
Sunni Usmaniya Takiya Masjid 1.24 KM
Pathan Masjid Compound 1.34 KM
Sunni Masjid 1.45 KM
Haji Daood Masjid 1.51 KM
Madina Masjid Laddoo 1.73 KM
Race Course Mosque 1.88 KM
Banks Near by Mermit Tower
Abhyudaya Co-operative Bankltd 0.40 KM
Indian Overseas Bank 0.40 KM
Icici Bank 0.57 KM
Bank Of Baroda 0.69 KM
Hdfc Bank Ltd Corporate And Head Office 0.69 KM
Oriental Bank Of Commerce 0.70 KM
Idbi Bank 0.71 KM
Abhyudaya Co-operative Bankltd 0.76 KM
Kotak Mahindra Bank 0.88 KM
Corporation Bank 1.04 KM
Shopping Malls Near by Mermit Tower
Phoenix Palladium 0.77 KM
Grand Galleria 0.82 KM
Phoenix Head Office 0.87 KM
Laxmi Woolen Mills Compound 0.88 KM
Palladium Mall 0.90 KM
Nexus Diagnostics 1.61 KM
Shiv Smriti Chambers 1.66 KM
Roopali Jewellers 1.78 KM
Shri Sainath Embroidery 1.81 KM
Atria The Millennium Mall 1.85 KM
Post Offices Near by Mermit Tower
Delisle Road Sub Post Office 0.47 KM
Parel Sub Post Office 0.58 KM
Parel Post Office 0.58 KM
Sonal Super Services 0.63 KM
Tank Road Sub Post Office 1.12 KM
Chamarbaug Sub Post Office 1.25 KM
Reay Road?sub Post Office 1.40 KM
Parel Naka Sub Post Office 1.52 KM
Haffkine Institute Sub Post Office 1.58 KM
Worli Sub Post Office 1.73 KM
Temples Near by Mermit Tower
Shri Hanuman Mandir 0.36 KM
Shree Vishwakarma Vansh Suthar Charitable Trust Mumbai 1.00 KM
Sangameshwar Temple 1.64 KM
Markandeshwar Mahadev Mandir 1.94 KM
Durga Mata Mandir 1.95 KM
Bal Vikas Mandir 2.47 KM
Siddhivinayak Temple 2.54 KM
Shree Ram Mandir 2.81 KM
Baps Shri Swaminarayan Mandir 2.93 KM
Panchamukhi Hanuman & Vitthal Rakhumai Temple 3.34 KM
Colleges and Universities Near by Mermit Tower
Netaji High School 0.36 KM
Maharshi Dayanand College Of Arts 1.07 KM
Late Narayan Meghaji Lokhande Maharashtra Insitute Of Labour Studies 1.20 KM
Gokhale Education Society 1.38 KM
Dr Tk Tope Arts & Commerce Night Senior College 1.39 KM
Rachana Sansads Academy Of Architecture 2.30 KM
Jyovis Institute 2.47 KM
Public Education Society College Of Law 2.55 KM
Burhani College Of Commerce & Arts 2.69 KM
Khairul Islam Higher Education Societys Maharashtra College Of Arts 2.97 KM

Check Travel Time

Mermit Tower RERA Details

  • Square Yards RERA Reg. A51800000454

Price Rates & Insights for Mermit Tower

Property Valuation

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

Price Trend in Mermit Tower
Mermit Tower's average asking price is cooling quarter-on-quarter, compared with Lower Parel.
Quarter Child Rate Parent Rate
Dec 2025 41800 54400
Sep 2025 56250 52300
Jun 2025 58500 50150
Mar 2025 55250 50550
Govt. Registrations in Mermit Tower
2 Sales Transactions Registered in Mermit Tower From Mar 25 to Feb 26 at Avg. Price ₹ 27.6 K/Sq.Ft.
Sales
Transactions
2
Gross
Sales Value
₹ 5 Cr
Registered
Rate
₹ 27,550 / Sq. Ft.
Transaction Period Mar 25 to Feb 26
Rental Supply in Mermit Tower
Monthly Rent in Mermit Tower start from ₹ 1.2 L with options available for 2 BHK units
Configurations In Mermit Tower In Lower Parel
1 BHK - ₹ 51.6 K
2 BHK ₹ 1.2 L ₹ 1.4 L
3 BHK - ₹ 3.8 L
4 BHK - ₹ 4.8 L
5 BHK - ₹ 7.7 L
6 BHK - ₹ 8.5 L
Comparable Project Pricing for Mermit Tower
Mermit Tower avg. price is ₹ 41.8 K/Sq.Ft. compared to Lower Parel at ₹ 54.4 K/Sq.Ft.
₹ 56,050
Sugee Sadan
₹ 54,400
Lower Parel
₹ 49,650
Options Avenue 14
₹ 46,200
Dhanji Ram Swaroop Palai Tower
₹ 41,800
Mermit Tower
Square Yards' Data Intelligence powers real estate with the most comprehensive & accurate authenticated data. See how it can work for your business

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 Price Insights
Average Asking Price in Lower Parel
₹ 53,700/Sq.ft
Based on active listings and recent trends
Locality Snapshot Locality Snapshot
#67 In Mumbai
Great Great +5 More

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

Concerning Concerning +5 More

Roads and bridges need immediate development in most areas

Know More About Lower Parel
Reviews 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

Properties in Mermit Tower & Top Sellers

  • Rent
  • Top Sellers
  • All
  • 2 BHK
https://img.squareyards.com/secondaryPortal/IN_638954456562808499-0710250254165416.jpg Cover Image
2 BHK + Pooja Room Apartment For Rent in Mermit Tower Lower Parel, Mumbai
Lower Parel, Mumbai
₹ 1.5 L
  • Ready to Move
  • 1170 Sq.Ft. (Saleable Area)
  • Near City Center
  • Reputed Builder
  • Family
  • High Rental Yield
  • Bachelors
https://img.squareyards.com/secondaryPortal/IN_638983901654728227-1011250449254925.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
  • 1170 Sq.Ft. (Saleable Area)
  • Well ventilated
  • Bachelors
  • Adjoining Metro Station
  • Quick Deal
https://img.squareyards.com/secondaryPortal/IN_638985467172860160-1211251218371837.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
  • 1170 Sq.Ft. (Saleable Area)
  • Prime Location
  • Wide Road
  • Well ventilated
  • Family
  • Quick Deal
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
https://img.squareyards.com/secondaryPortal/IN_638992427542740509-2011250139143914.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
  • 950 Sq.Ft. (Carpet Area)
  • Gated Society
  • Safe & Secure Locality
  • Family
  • Quick Deal
  • Plenty of Sunlight
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
https://img.squareyards.com/secondaryPortal/optImages/IN_639074775854424129-230226090625625.jpg Cover Image
2 BHK Apartment For Rent in Mermit Tower Lower Parel, Mumbai
Lower Parel, Mumbai
₹ 1.25 L
  • Ready to Move
  • 1170 Sq.Ft. (Saleable Area)
  • Prime Location
  • Safe & Secure Locality
  • Family
  • Bachelors
  • Quick Deal
https://img.squareyards.com/secondaryPortal/IN_639023660054855190-2612250513251325.jpg Cover Image
2 BHK + Pooja Room,Study Room Apartment For Rent in Mermit Tower Lower Parel, Mumbai
Lower Parel, Mumbai
₹ 1.3 L
  • Ready to Move
  • 800 Sq.Ft. (Carpet Area)
  • Prime Location
  • Gated Society
  • Safe & Secure Locality
  • Family
  • Bachelors
https://img.squareyards.com/secondaryPortal/optImages/IN_639076278794029324-2502260251195119.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
  • Vastu compliant
  • Well Maintained
  • Well ventilated
  • Ample Parking
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 profile picture
Vijay Pawar Pearl Housing Agency
  • Total Transactions: 2
Dhruv Sunil Parekh profile picture
4.5
Dhruv Sunil Parekh 360 Mumbai Inc
  • Total Transactions: 1
shiv prakash profile picture
5
Shiv Prakash Dhruv Realty
  • Resale Listings: 2
  • Rental Listings: 47
S
Suraj Kumar Gupta Sunrays Realty
  • Resale Listings: 66
  • Rental Listings: 109
Jaswant Gupta profile picture
Jaswant Gupta Ramchandra Real Estate
  • Rental Listings: 66
About Millennium Group Builders And Developers
Millennium Group Builders And Developers Logo
  • 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
2.05 Cr - 4.50 Cr
  • Worli, Mumbai
  • Mumbai South
  • 2 Beds
  • 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 Ready to Move Projects in Mumbai
Post Property Ad for Free, Sell or Rent Property Online
Projects in Lower Parel, Mumbai
  • New Launch
  • Under Construction
  • Ready to Move
Projects Near Lower Parel, Mumbai
  • New Launch
  • Under Construction
  • Ready to Move

Frequently Asked Questions About Mermit Tower

  • Q: What is the price range of flats in 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.

  • 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: What are the popular amenities available at Mermit Tower?

    Residents of Mermit Tower can enjoy amenities such as Power Backup, 24*7 Water Supply, 24 x 7 Security, Fire Fighting Systems, designed for comfort and a modern lifestyle.

  • Q: Does Mermit Tower have an Occupancy Certificate (OC)

    Yes, Mermit Tower has received its Occupancy Certificate, confirming that the project is legally approved for residential use

  • Q: Where is Mermit Tower located?

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

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.
Around This Property
Country/City