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 Ruparel Ariana, L&T Crescent Bay T2, LnT Realty Crescent Bay, Runwal Nirvana and LnT Crescent Bay T3. 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 156 Listings

Last Updated: Sep 19, 2026

LnT Realty Crescent Bay

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.5 L / Per Month

Config: 2 BHK + 2 Bath
Area Carpet Area: 950

Sq.Ft.
Furnishing Status: Semi-Furnished
Facing: South East Facing
Floor: 2nd of 52 Floors
Parking: 1 Covered Parking

Consider this well-appointed 2-bedroom, 2-bathroom Flats in L&T Realty Crescent Bay, Parel, available for rent at 1.5 Lac. This semi-furnished 950 square feet residence is situated on the 2nd floor of a towering 52-story development, offering a pleasant Road View.The property features central air conditioning and central Wi-Fi for modern comfort and connectivity.Residents can take advantage of a wealth of amenities

O Omkar Dalvi

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L&T Crescent Bay T2

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.5 L / Per Month

Config: 2 BHK + 2 Bath
Area Carpet Area: 788

Sq.Ft.
Additional Spaces: Prayer Room +5
Furnishing Status: Semi-Furnished
Facing: North East Facing
Floor: 25th of 45 Floors

A sweeping sea view from the 25th floor of L&T Crescent Bay T2 in Parel, Mumbai, presents a unique rental opportunity. This semi-furnished, two-bedroom Flats features two bathrooms and comes with one dedicated parking space.The unit is situated on the 25th floor of a 45-story building, offering an expansive perspective of the city and the sea.The 788 square feet of living

Gurudev Jha

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Bhairav Darshan

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.3 L / Per Month

Config: 2 BHK + 2 Bath
Area Carpet Area: 850

Sq.Ft.
Additional Spaces: Prayer Room +1
Furnishing Status: Furnished
Facing: East Facing
Floor: 10th of 15 Floors

Experience elevated urban living in this furnished 2-bedroom, 2-bathroom Flats located in Parel, Mumbai, available for a monthly rent of 1.3 Lac. Situated on the 10th floor of the Bhairav Darshan project, this 850 Square Feet home offers a desirable Road View from its 15-story building.The apartment comes complete with essential amenities including Kids Play Areas, Power Backup, Central Wi-Fi, an

Umakant Harishchand Gupta 5

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Darshan Heights Parel

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.3 L / Per Month

Config: 2 BHK + 2 Bath
Area Saleable Area: 1100

Sq.Ft.
Additional Spaces: Study Room +6
Furnishing Status: Furnished
Facing: West Facing
Floor: 17th of 20 Floors

Experience the convenience of city living with this furnished 2 bedroom Flats for rent in Darshan Heights Parel, Mumbai, offering an impressive 1100 square feet of space with a stunning sea view from the 17th floor.This home comes with 2 bathrooms and 1 dedicated parking spot, and residents have access to a wide array of amenities including a gymnasium, kids`

Pramod Kumar Gupta 4

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LnT Realty Crescent Bay

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.4 L / Per Month

Config: 2 BHK + 2 Bath
Area Built-up Area: 1050

Sq.Ft.
Furnishing Status: Semi-Furnished
Facing: North East Facing
Floor: 30th of 60 Floors
Parking: 1 Covered Parking

Find your next home in the desirable LnT Realty Crescent Bay development, located in Parel, Mumbai. This semi-furnished 2-bedroom, 2-bathroom Flats is available for rent at 1.4 Lac, offering 1050 square feet of living space on the 30th floor of a 60-story building.Residents will enjoy a pleasant garden view and access to amenities such as a gymnasium, 24 x 7 security,

A Azuro 4.4

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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

₹ 168/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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L&T Crescent Bay T2

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.5 L / Per Month

Config: 2 BHK + 2 Bath
Area Built-up Area: 1050

Sq.Ft.
Additional Spaces: Extra Room
Furnishing Status: Semi-Furnished
Facing: East Facing
Floor: 36th of 59 Floors

Experience unparalleled urban living in Mumbai`s Parel district with this stunning semi-furnished 2 bedroom, 2 bathroom Flats available for rent in L&T Crescent Bay T2. Spanning 1050 square feet on the 36th floor of a 59-story building, this residence offers captivating road views and includes one dedicated parking space, ensuring both convenience and exclusivity.The apartment is between 5 to 7 years

Ashok Kumar Jagannath Saroj

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Ruparel Ariana

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.31 L / Per Month

Config: 2 BHK + 2 Bath
Area Carpet Area: 804

Sq.Ft.
Furnishing Status: Semi-Furnished
Facing: East Facing
Floor: 21th of 73 Floors
Parking: 1 Covered + 1 Open

Experience contemporary city living in this 804 square feet, 2 bedroom, 2 bathroom Flats located in Ruparel Ariana, Parel, Mumbai.This semi-furnished home on the first floor offers a pleasant park view and comes with one dedicated parking space.The property, with an age of 2-4 years, is part of a modern development that includes a gymnasium, swimming pool, badminton court, tennis

Near City Center
Spacious
Newly Built
Family
Quick Deal

G Gangeshwar Dhardubey 4.7

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Runwal Nirvana

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.25 L / Per Month

Config: 2 BHK + 2 Bath
Area Built-up Area: 800

Sq.Ft.
Additional Spaces: Study Room
Furnishing Status: Semi-Furnished
Facing: East Facing
Floor: 1802th of 46 Floors

This semi-furnished 2-bedroom, 2-bathroom Flats in Parel, Mumbai offers a unique living experience with its stunning Sea View from the 1802nd floor of the 46-story Runwal Nirvana project.The expansive 800 Square Feet of living space is complemented by an impressive range of amenities designed for comfort and convenience.Residents will have access to a Gymnasium, Swimming Pool, Tennis Court(s), Squash Court,

V Vipin Gupta

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Runwal Nirvana

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.45 L / Per Month

Config: 2 BHK + 2 Bath
Area Carpet Area: 785

Sq.Ft.
Furnishing Status: Semi-Furnished
Facing: East Facing
Floor: 20th of 54 Floors
Parking: 1 Covered Parking

Here is a 2BHK Flats available for rent in Parel, Mumbai, offering a serene garden view from the 20th floor of the 54-floor Runwal Nirvana project.This semi-furnished 785 square feet home includes two bathrooms and one dedicated parking space, providing a comfortable living experience.Situated in a project known for its modern amenities and strategic location, this apartment is an excellent

A Atul Savla 3.5

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Omkar Veda Exclusive

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.4 L / Per Month

Config: 2 BHK + 2 Bath
Area Built-up Area: 950

Sq.Ft.
Additional Spaces: Extra Room
Furnishing Status: Furnished
Facing: East Facing
Floor: 22th of 31 Floors

Live amidst the vibrant energy of Mumbai in a fully furnished 2-bedroom, 2-bathroom Flats available for rent at 1.4 Lakh in the Omkar Veda Exclusive project in Parel.This 950 Square Feet residence is situated on the 22nd floor of a 31-story building, offering city views and ample natural light.Residents will have access to a comprehensive range of amenities including a

V Vipin Gupta

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Lodha Primo

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.45 L / Per Month

Config: 2 BHK + 2 Bath
Area Carpet Area: 750

Sq.Ft.
Additional Spaces: Store Room
Furnishing Status: Semi-Furnished
Facing: East Facing
Floor: 24th of 46 Floors

This 2BHK Flats in Parel is an ideal choice for modern living. The property features a spacious living room, well-ventilated bedrooms, and a stylish kitchen designed for comfort and functionality. Located in a high-rise building, it offers beautiful views of the sea and the city skyline. The building provides 24/7 security, dedicated parking, and essential amenities, ensuring a safe and

S Surya Bhan Gupta

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LnT Crescent Bay T3

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.4 L / Per Month

Config: 2 BHK + 2 Bath
Area Carpet Area: 788

Sq.Ft.
Additional Spaces: Store Room
Furnishing Status: Semi-Furnished
Facing: West Facing
Floor: 30th of 42 Floors

Embrace a lifestyle of coastal elegance with this semi-furnished, two-bedroom, two-bathroom Flats available for rent in Mumbai`s desirable Parel locality.Located on the 30th floor of the esteemed LnT Crescent Bay T3 project, this 788 Square Feet residence offers captivating sea views and access to a wealth of premium amenities including a gymnasium, swimming pool, badminton and tennis courts, squash court,

Safe & Secure Locality
Family
Quick Deal
Plenty of Sunlight

G Gangeshwar Dhardubey 4.7

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LnT Crescent Bay T6

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.4 L / Per Month

Config: 2 BHK + 2 Bath
Area Carpet Area: 650

Sq.Ft.
Additional Spaces: Store Room
Furnishing Status: Semi-Furnished
Facing: East Facing
Floor: 23th of 50 Floors

S Surya Bhan Gupta

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Omkar Veda Exclusive

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.4 L / Per Month

Config: 2 BHK + 2 Bath
Area Carpet Area: 900

Sq.Ft.
Additional Spaces: Store Room
Furnishing Status: Furnished
Facing: East Facing
Floor: 20th of 25 Floors

This 2BHK Flats in parel is an ideal choice for modern living. The property features a spacious living room, well-ventilated bedrooms, and a stylish kitchen designed for comfort and functionality. Located in a high-rise building, it offers beautiful views of the sea and the city skyline. The building provides 24/7 security, dedicated parking, and essential amenities, ensuring a safe and

S Surya Bhan Gupta

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Prarthna Heights

3 BHK Flat for Rent in Parel, Mumbai

₹ 1.5 L / Per Month

Config: 3 BHK + 3 Bath
Area Carpet Area: 1000

Sq.Ft.
Additional Spaces: Store Room
Furnishing Status: Furnished
Facing: East Facing
Floor: 25th of 38 Floors

This 3BHK Flats in Parel is an ideal choice for modern living. The property features a spacious living room, well-ventilated bedrooms, and a stylish kitchen designed for comfort and functionality. Located in a high-rise building, it offers beautiful views of the sea and the city skyline. The building provides 24/7 security, dedicated parking, and essential amenities, ensuring a safe and

S Surya Bhan Gupta

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Omkar Veda Exclusive

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.35 L / Per Month

Config: 2 BHK + 2 Bath
Area Carpet Area: 1030

Sq.Ft.
Additional Spaces: Prayer Room +8
Furnishing Status: Furnished
Facing: North Facing
Floor: 15th of 36 Floors

This furnished two-bedroom Flats at Omkar Veda Exclusive in Parel, Mumbai, provides 1030 square feet of living space on the 15th floor with a park view. The rental price is 1.35 Lac, and it includes one parking space.This home is ready for you to move in and enjoy its comforts.The building has a total of 36 floors, offering a sense of

Jaswant Gupta 3

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Bhairav Darshan

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.25 L / Per Month

Config: 2 BHK + 2 Bath
Area Built-up Area: 1050

Sq.Ft.
Furnishing Status: Furnished
Facing: North East Facing
Floor: 13th of 18 Floors
Parking: 1 Open Parking

Discover a well-appointed 2 bedroom, 2 bathroom furnished Flats available for rent in Bhairav Darshan, Parel, Mumbai. This 1050 square feet residence on the 13th floor of an 18-story building offers a pleasant Road View and includes access to a medical facility, day care center, and an AC waiting lobby for resident comfort.Enjoy the convenience of 24*7 water supply, lift access,

Gangeshwar Dhardubey 4.7

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Prarthna Heights

3 BHK Flat for Rent in Parel, Mumbai

₹ 1.5 L / Per Month

Config: 3 BHK + 3 Bath
Area Built-up Area: 1000

Sq.Ft.
Additional Spaces: Extra Room
Furnishing Status: Furnished
Facing: East Facing
Floor: 12th of 35 Floors

Elevate your lifestyle in this furnished 3-bedroom, 3-bathroom Flats located on the 12th floor of Prarthna Heights in Parel, Mumbai.This spacious 1000 square feet home comes with the added convenience of 1 dedicated parking spot and access to a range of modern amenities including a gymnasium, kids play areas, power backup, round-the-clock security, high-speed elevators, and a party hall, perfect

V Vipin Gupta

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L&T Crescent Bay T2

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.5 L / Per Month

Config: 2 BHK + 2 Bath
Area Carpet Area: 788

Sq.Ft.
Additional Spaces: Prayer Room +2
Furnishing Status: Semi-Furnished
Facing: West Facing
Floor: 6th of 40 Floors

Live in a 2 bedroom, 2 bathroom Flats on the 6th floor of L&T Crescent Bay T2 in Parel, Mumbai, with a monthly rent of 1.5 Lac for 788 Square Feet of living space. This semi-furnished apartment offers a peaceful garden view from its location in a 40-story building.You will have 1 dedicated parking spot for your convenience.Parel is a well-connected

Gangeshwar Dhardubey 4.7

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LnT Realty Crescent Bay

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.5 L / Per Month

Config: 2 BHK + 2 Bath
Area Built-up Area: 1400

Sq.Ft.
Furnishing Status: Semi-Furnished
Parking: 1 Open Parking

This semi furnished 2 BHK Flats at Crescent Bay, Parel offers refined urban living with a well planned layout comprising two bedrooms, two bathrooms, and a dedicated box room for additional storage. The residence features two private balconies that provide unobstructed views and excellent natural ventilation, while the thoughtfully designed floor plan ensures maximum privacy from neighbouring units.

A Anil Xavier Cordeiro 5

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Bhairav Darshan

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.25 L / Per Month

Config: 2 BHK + 2 Bath
Area Carpet Area: 800

Sq.Ft.
Additional Spaces: Extra Room
Furnishing Status: Furnished
Facing: North Facing
Floor: 13th of 15 Floors

This furnished 2 BHK Flats in Bhairav Darshan, Parel, Mumbai offers a comfortable living experience with its 800 square feet of space, available for rent at 1.25 Lac.Located on the 13th floor of a 15-story building, the apartment provides a road view and comes with 2 bathrooms.While parking is not included, its position in Parel ensures good connectivity and access

Abhimanyu Pandey

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L&T Crescent Bay T2

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.4 L / Per Month

Config: 2 BHK + 2 Bath
Area Carpet Area: 900

Sq.Ft.
Additional Spaces: Study Room
Furnishing Status: Semi-Furnished
Facing: East Facing
Floor: 16th of 49 Floors

Experience elevated city living in this semi-furnished 2-bedroom Flats located on the 16th floor of L&T Crescent Bay T2 in Parel, Mumbai.This 900 Square Feet home is available for rent at 1.4 Lakh and offers a stunning panoramic view from its high vantage point, complemented by 2 bathrooms and 1 dedicated parking space.Residents will enjoy access to a comprehensive suite

V Vipin Gupta

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LnT Realty Crescent Bay

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.5 L / Per Month

Config: 2 BHK + 2 Bath
Area Carpet Area: 788

Sq.Ft.
Furnishing Status: Semi-Furnished
Facing: North East Facing
Floor: 20th of 47 Floors
Parking: 1 Covered Parking

Experience coastal living from this semi-furnished 2-bedroom Flats at LnT Realty Crescent Bay in Parel, Mumbai, available for rent at 1.5 Lac. This residence offers a desirable sea view from its 20th floor position in a 47-story building, providing a serene backdrop to your daily life.The apartment spans 788 square feet and includes 2 bathrooms and 1 dedicated parking spot, ensuring

T Tarun Singh Chouhan

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Runwal Nirvana

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.3 L / Per Month

Config: 2 BHK + 2 Bath
Area Built-up Area: 800

Sq.Ft.
Additional Spaces: Study Room
Furnishing Status: Semi-Furnished
Facing: East Facing
Floor: 2504th of 45 Floors

Wake up to stunning sea views from this semi-furnished, two-bedroom, two-bathroom Flats situated in the Runwal Nirvana development in Parel, Mumbai.This 800 square foot home is located on the 2504th floor of a 45-story building, providing a unique perspective of the city and the ocean.Residents will enjoy access to a premium suite of amenities including a gymnasium, swimming pool, badminton

S Suresh Gupta

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Ruparel Ariana

2 BHK Flat for Rent in Parel, Mumbai

₹ 1.3 L / Per Month

Config: 2 BHK + 2 Bath
Area Built-up Area: 1000

Sq.Ft.
Furnishing Status: Semi-Furnished

Experience urban living in Parel, Mumbai, with this semi-furnished 2-bedroom, 2-bathroom Flats available for rent in Ruparel Ariana. Spanning 1000 square feet, this residence offers a comfortable living space at 1.3 Lac per month.The property, aged between 2 to 4 years, provides a modern setting for your daily life.Residents can enjoy the convenience of living in a well-established project.This apartment is

A Azuro Property Management Mumbai 5

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