Property for Rent Under 1.50 Lakhs in Parel, Mumbai

Choose from a wide range of property for rent under 1.50 Lakhs in Parel, Mumbai . Square Yards has the best catalogue of top properties for rent under 1.50 Lakhs in the prime society of Parel, Mumbai. From office spaces and flats for rent below 1.50 Lakhs, you can find several luxury options close to various employment hubs of Parel, Mumbai. Browse through several properties for rent in Parel's known societies such as L&T Crescent Bay T2, Ruparel Ariana, LnT Realty Crescent Bay, Runwal Nirvana and Ashok Towers. There are select options for furnished properties for rent close to schools, colleges, prominent markets and hospitals. There are many choices for semi-furnished properties under 1.50 Lakhs in Parel, Mumbai. Search for property for rent under 1.50 Lakhs near me with specifications of number of rooms, if applicable, for best results.

Showing 184 Listings

Last Updated: Jun 6, 2026

LnT Crescent Bay T3

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.4 L / Per Month

2 BHK + 2 Bath
788
Sq.Ft.
(Carpet Area)
Semi-Furnished
14th of 28 Floors
1 Covered Parking
Garden View

Searching for a spacious family home in Parel, Mumbai, that balances comfort with an active lifestyle.Our Service Fees is only Rs. 40,000 + GST for an Flats in Mumbai. Professional Property Management. Multiple direct options available.This 788 square feet, two-bedroom, two-bathroom apartment at LnT Crescent Bay T3 on the 14th floor offers a serene garden view and comes semi-furnished for

Safe & Secure Locality
Affordable
Spacious
Well Maintained
Family

A Azuro 4.4

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LnT Realty Crescent Bay

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.5 L / Per Month

2 BHK + 2 Bath
1050
Sq.Ft.
(Built-up Area)
Semi-Furnished
North East Facing
24th of 49 Floors
1 Covered Parking

A garden view from the 24th floor of L&T Realty Crescent Bay in Parel offers a serene outlook, complemented by the 1050 square feet of living space in this semi-furnished 2-bedroom, 2-bathroom Flats. Residents will appreciate the convenience of 24 x 7 security and CCTV surveillance, ensuring peace of mind, alongside uninterrupted 24*7 water supply.The building, standing at 49 floors, includes

A Azuro Property Management Mumbai 5

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LnT Realty Crescent Bay

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.5 L / Per Month

2 BHK + 2 Bath
1050
Sq.Ft.
(Built-up Area)
Semi-Furnished
North East Facing
24th of 49 Floors
1 Covered Parking

Secure a comfortable and convenient lifestyle in this semi-furnished two-bedroom Flats available for rent in Parel, Mumbai. Located on the 24th floor of LnT Realty Crescent Bay, this residence offers a pleasant garden view from its 1050 square feet of living space.The apartment is equipped with essential amenities including a gymnasium, 24 x 7 security, CCTV surveillance, and 24*7 water supply,

A Azuro Property Management Mumbai New 4

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Lodha Venezia

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.4 L / Per Month

2 BHK + 2 Bath
834
Sq.Ft.
(Carpet Area)
Unfurnished
2 Covered Parking

Experience sophisticated urban living in this unfurnished 2-bedroom, 2-bathroom Flats available for rent in Parel, Mumbai. Spanning 834 square feet within the prestigious Lodha Venezia project, this home offers ample space for comfortable living and is less than a year old.With two dedicated parking spaces, you will have convenient access to your vehicles in this vibrant city.The apartment is ready for

R Raithatha Akshay Mahendra

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Tejukaya Pride

Shop for Rent in Lalbaug, Mumbai

₹ 1.3 L / Per Month

500
Sq.Ft.
(Carpet Area)
Unfurnished

Secure a prime retail location in Lalbaug, Mumbai, with this unfurnished 500 Square Feet shop available for rent at 1.3 Lac per month. This space is ideal for a variety of businesses seeking direct access to a busy commercial area and a strong customer base.The presence of a washroom within the premises adds a layer of convenience for both staff and

Sudeep Pathak 5

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Locality Insights: Parel

Parel is a part of the Secondary Business District (SBD). Parel, which is spread over 4.05 square km, houses approximately 146,056 people. Parel's climate is tropical, with dry and wet seasons, high humidity, and moderate heat. Marathi is the official language. But Hindi is also spoken. The Eastern and Western Express highways and Sea Links provide easy access to other locations. There are monorail connections to many commercial hubs in Mumbai. Elphinstone is another name for Parel West due

Price Insights

Average Rental Price in Parel

₹ 163/Sq.ft

For Apartment Based on active listings and recent trends

Property Rates in Parel

Locality Snapshot

#19 In Mumbai

Great +5 More

Railway connectivity & strategic location

Concerning +2 More

Traffic congestion in peak hours

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Kitchen/pantry in Shop at Lalbaug – for Rent

Shop for Rent in Lalbaug, Mumbai

Lalbaug, Mumbai

₹ 1.3 L / Per Month

550
Sq.Ft.
(Carpet Area)
Furnished
1 Open Parking

This furnished 550 Square Feet shop in Lalbaug, Mumbai, is available for rent at 1.3 Lac, offering a ready-to-operate space for your business. The shop includes a washroom for convenience, making it suitable for a variety of commercial ventures.Its location in Lalbaug provides good visibility and accessibility to a range of customers.This is a practical space designed to support your business

Siddhant Waman Jalgaonkar

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Lodha Venezia

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.4 L / Per Month

2 BHK + 2 Bath
850
Sq.Ft.
(Carpet Area)
Pooja Room
Semi-Furnished
20th of 35 Floors
1 Covered + 1 Open

Experience city living at its finest in this semi-furnished 2-bedroom, 2-bathroom Flats located in Parel, Mumbai, within the prestigious Lodha Venezia project.Priced at 1.4 Lac, this 850 Square Feet home on the 20th floor of a 35-story building offers a prime location with easy access to daily necessities.The apartment is well-ventilated, ensuring a comfortable environment, and is ideally suited for

Prime Location
Breakthrough Price
Well ventilated
Family
Schools in vicinity

Gurudev Jha

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L&T Crescent Bay T2

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.45 L / Per Month

2 BHK + 2 Bath
900
Sq.Ft.
(Carpet Area)
Pooja Room +1
Semi-Furnished
1805th of 49 Floors
1 Covered + 1 Open

Embrace a lifestyle of luxury and convenience in this semi-furnished two-bedroom, two-bathroom Flats located in the prestigious L&T Crescent Bay T2 project in Parel, Mumbai.This home spans 900 square feet and is situated on the 18th floor of a 49-floor building, offering expansive city views.Residents will enjoy unparalleled access to a comprehensive suite of amenities including a gymnasium, swimming pool,

V Vipin Gupta

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LnT Crescent Bay T3

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.5 L / Per Month

2 BHK + 2 Bath
788
Sq.Ft.
(Built-up Area)
Furnished
North East Facing
23th of 32 Floors
Carpeted Flooring

Experience refined living in this furnished 2-bedroom, 2-bathroom Flats on the 23rd floor of LnT Crescent Bay T3 in Parel, Mumbai, available for rent at 1.5 Lac. Spanning 788 Square Feet with a Garden View, this residence offers a comfortable and stylish atmosphere.Residents have access to a range of premium amenities including a Gymnasium, Swimming Pool, Badminton Court(s), Tennis Court(s), Squash

C Connect Property 4.5

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Runwal Nirvana

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.35 L / Per Month

2 BHK + 2 Bath
800
Sq.Ft.
(Built-up Area)
Furnished
West Facing
40th of 58 Floors
2 Covered Parking

Enjoy elevated living in Parel with this stunning 2-bedroom, 2-bathroom Flats within the prestigious Runwal Nirvana development. Available for rent at 1.35 Lac, this furnished 800 Square Feet residence is situated on the 40th floor of a 58-story tower, offering breathtaking pool views and a true sense of sanctuary high above the city.Residents benefit from access to a well-equipped Gymnasium, perfect

Santosh Mahadev Gawade 3.8

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Kalpataru Avana

1 BHK Flat for Rent in Parel, Mumbai

₹ 1.5 L / Per Month

1 BHK + 2 Bath
600
Sq.Ft.
(Built-up Area)
Semi-Furnished
1 Open Parking

Kalpataru Avana in Parel, Mumbai, is an ultraluxury, readytomove landmark development spread across 2.3 acres, offering exclusive residences and duplexes in a highrise tower with only two Flats per floor, grand 12`10 ceiling heights, and exceptional lifestyle amenities including a rooftop party lounge, swimming pool, landscaped gardens, and panoramic Eastern Seaboard views. This wellmaintained 15 year old semifurnished 1 BHK

A Anil Xavier Cordeiro 5

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Ashok Towers

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.5 L / Per Month

2 BHK + 2 Bath
900
Sq.Ft.
(Carpet Area)
Furnished
West Facing
20th of 48 Floors
2 Covered Parking

Embrace a comfortable lifestyle in this furnished 2-bedroom, 2-bathroom Flats located in the well-known Ashok Towers in Parel, Mumbai. This 900 square feet home on the 20th floor offers a pleasant garden view and comes with two dedicated parking spaces, a convenience not often found in this area.Built between two to four years ago, it provides a modern living experience with

T Tarun Singh Chouhan

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Lodha Aria

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.4 L / Per Month

2 BHK + 2 Bath
1000
Sq.Ft.
(Built-up Area)
Pooja Room +2
Furnished
2 Covered + 2 Open

Experience luxury living in the well-appointed Lodha Aria Flats complex in Parel, Mumbai, available for rent at 1.4 Lac.This furnished 2-bedroom, 2-bathroom residence spans 1000 square feet and includes two dedicated parking spaces, ensuring ease for vehicle owners.Residents will enjoy access to a comprehensive suite of amenities designed for an active and fulfilling lifestyle, featuring a gymnasium, swimming pool, badminton

R Ravinder Singh Kochhor

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Ruparel Ariana

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.25 L / Per Month

2 BHK + 2 Bath
850
Sq.Ft.
(Built-up Area)
Store Room
Semi-Furnished
West Facing
22th of 47 Floors

Experience refined urban living in this 2-bedroom, 2-bathroom semi-furnished Flats available for rent in Ruparel Ariana, Parel, Mumbai. Situated on the 22nd floor of a 47-story building, this 850 square feet home offers a road view and comes with one dedicated parking space.Constructed 2 to 4 years ago, the apartment provides a modern living experience within a premium project known for

Dilip Kumar 5

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Dosti Flamingos

3 BHK Flat for Rent in Parel, Mumbai

₹ 1.27 L / Per Month

3 BHK + 3 Bath
1000
Sq.Ft.
(Built-up Area)
Basement +1
Unfurnished
East Facing
10th of 30 Floors

Experience a life of unparalleled luxury and comfort with this exquisite 3 bedroom, 3 bathroom Flats available for rent in Dosti Flamingo, Mumbai.Situated on the 10th floor of a 30-story building, this unfurnished residence offers a breathtaking beach view and a generous 1000 square feet of living space.The property is equipped with a remarkable array of amenities, including a gymnasium,

V Vikas Singh

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LnT Realty Crescent Bay

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.25 L

2 BHK + 2 Bath
1088
Sq.Ft.
(Built-up Area)
Semi-Furnished
12th of 50 Floors
1 Covered + 1 Open
Marble Flooring

This semi-furnished 2-bedroom, 2-bathroom Flats offers a peaceful garden view from its 12th-floor position within the LnT Realty Crescent Bay project in Parel, Mumbai.Spanning 1088 square feet, this residence is available for rent at 1.25 lakh per month.The apartment is between 2 to 4 years old, reflecting modern construction and condition.Residents will appreciate the convenience of one dedicated car parking

V Vikram Thakur

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Piramal Chambers

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.3 L / Per Month

2 BHK + 2 Bath
900
Sq.Ft.
(Built-up Area)
Store Room
Semi-Furnished
1 Covered Parking
Marble Flooring

Experience a comfortable lifestyle in this nearly new, semi-furnished 2-bedroom, 2-bathroom Flats available for rent in Piramal Chambers, Parel, Mumbai. Spread across 900 square feet, this residence offers a generous living space perfect for individuals or small families.The apartment benefits from 1 designated parking spot, adding to the convenience of city living.Located in a prime area, this property provides easy access

Wasim Ahmed Nafis Khan

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Ruparel Ariana

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.25 L / Per Month

2 BHK + 2 Bath
750
Sq.Ft.
(Carpet Area)
Servant Room
Semi-Furnished
West Facing
18th of 40 Floors

Enjoy panoramic sea views from the 18th floor of this semi-furnished two-bedroom Flats in Ruparel Ariana, Parel, Mumbai, offered for rent at 1.25 Lac.This 750 Square Feet home includes two bathrooms and one dedicated parking spot, situated within a building that is over 10 years old but maintained to high standards.Residents will appreciate the extensive list of amenities designed for

Vijay Pawar

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Runwal Nirvana

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.35 L / Per Month

2 BHK + 2 Bath
950
Sq.Ft.
(Carpet Area)
Servant Room
Semi-Furnished
West Facing
40th of 55 Floors

This 950 Square Feet, 2-bedroom, 2-bathroom Flats in Parel offers a stunning Sea View from its 40th-floor position, providing a remarkable living experience. The apartment is available for rent at 1.35 Lac and comes semi-furnished, ready for you to bring your personal touch.Residents will have access to an extensive array of amenities designed for a luxurious and convenient lifestyle, including a

K Kawal Singh

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LnT Crescent Bay T3

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.4 L / Per Month

2 BHK + 2 Bath
800
Sq.Ft.
(Carpet Area)
Pooja Room
Semi-Furnished
East Facing
18th of 49 Floors

Experience sophisticated urban living in Parel with this semi-furnished 2-bedroom, 2-bathroom Flats at LnT Crescent Bay T3, available for rent at 1.4 Lac.Situated on the 18th floor of a 49-story building, this 800 square feet home offers a desirable sea view and exceptional ventilation, creating a tranquil atmosphere.Residents will enjoy a luxury lifestyle with access to a gymnasium, swimming pool,

Wide Road
Well ventilated
Luxury lifestyle
Family
Quick Deal

S Suresh Gupta

Contact Agent

L&T Crescent Bay T2

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.5 L / Per Month

2 BHK + 2 Bath
850
Sq.Ft.
(Carpet Area)
Semi-Furnished
East Facing
36th of 41 Floors
1 Covered Parking

Enjoy unobstructed sea views from the 36th floor of this semi-furnished 2-bedroom, 2-bathroom Flats in L&T Crescent Bay T2, Parel.This spacious 850 square feet home, built 5-7 years ago, offers a modern living experience with access to a wide range of amenities including a gymnasium, swimming pool, badminton and tennis courts, kids' play areas, a jogging track, and 24/7 security.Residents

Amol Uttam Sawant

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Lodha Primo

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.3 L / Per Month

2 BHK + 2 Bath
710
Sq.Ft.
(Carpet Area)
Furnished
East Facing
16th of 28 Floors
1 Covered Parking

Experience sophisticated urban living in this furnished 2-bedroom, 2-bathroom Flats located in the well-regarded Lodha Primo project in Parel, Mumbai.This residence offers 710 square feet of thoughtfully designed space on the 16th floor of a 28-story building, providing expansive views and a sense of elevated comfort.Residents will enjoy access to a wealth of premium amenities including a gymnasium, swimming pool,

Prime Location
Spacious
Luxury lifestyle
Quick Deal
Schools in vicinity

Shiva Gupta

Contact Agent

L&T Crescent Bay T2

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.35 L / Per Month

2 BHK + 2 Bath
857
Sq.Ft.
(Carpet Area)
Pooja Room +1
Semi-Furnished
West Facing
19th of 59 Floors

Experience elevated living in this semi-furnished 2-bedroom, 2-bathroom Flats located on the 19th floor of L&T Crescent Bay T2 in Parel, Mumbai. This 857 Square Feet home offers a road view and comes with 1 dedicated car parking space, a valuable amenity in this bustling city.Residents will enjoy access to an extensive list of world-class facilities including a gymnasium, swimming pool,

Z Zeltro 4.5

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Dosti Flamingos

3 BHK Flat for Rent in Parel, Mumbai

₹ 1.32 L / Per Month

3 BHK + 3 Bath
1200
Sq.Ft.
(Built-up Area)
Pooja Room +1
Semi-Furnished
East Facing
12th of 25 Floors

Experience elevated living in this spacious 3-bedroom, 3-bathroom Flats available for rent in Parel, Mumbai.Located on the 12th floor of the Dosti Flamingos project, this semi-furnished residence offers a delightful park view and spans 1200 square feet, providing ample room for your family.The apartment, which is 8-10 years old, comes with 1 designated parking space.Residents can enjoy the convenience of

H Hemant

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Omkar Veda Exclusive

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.25 L

2 BHK + 2 Bath
850
Sq.Ft.
(Carpet Area)
Extra Room
Semi-Furnished
15th of 32 Floors
1 Covered Parking

Experience elevated living in this stunning two-bedroom, two-bathroom Flats for rent in Parel, Mumbai, available for 1.25 Lac.Situated on the 15th floor of the prestigious Omkar Veda Exclusive, this semi-furnished residence offers 850 square feet of comfortable living space with a serene garden view.The apartment is part of a well-maintained project approximately 5-7 years old, boasting an impressive array of

Prime Location
Safe & Secure Locality
Luxury lifestyle
Tasteful Interiors
Fully Renovated

Jaswant Gupta 3

Contact Agent

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Bhoiwada Mumbai (0.71 km)
Currey Road Mumbai (0.77 km)
Lalbaug Mumbai (0.82 km)
Dighe Nagar Mumbai (1.38 km)
Century Mills Mumbai (1.45 km)
Empire Mill Mumbai (1.47 km)

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Amenities

24 x 7 Security
Power Backup
Swimming Pool
Visitor's Parking
Clubhouse
Attached Market
Central AC
Intercom
Kids Play Area