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Mermit Tower 2 Bedroom 1170 Sq.Ft. Apartment in Lower Parel Mumbai

Listing ID: #9554832
₹ 1.2 L
Deposit Amount: ₹ 4 L
  • Area Saleable Area 1170
    Sq.Ft.
    • Sq.ft.
    • Sq.metre
    • Sq.yards
  • Bedroom 2 Bedrooms
  • Bath 2 Bathrooms
  • Floor 9th of 18 Floors
  • View Road View
  • Furnishing Status Unfurnished
  • Updated On 7 days ago

Property Details

  • Wide Road
  • Gated Society
  • Safe & Secure Locality
  • Well ventilated
  • Quick Deal
A bright unfurnished 2-bedroom, 2-bathroom apartment awaits you on the 9th floor of Mermit Tower in Lower Parel, Mumbai, offering a pleasant road view from this well-ventilated home that spans 1170 square feet.
  • This apartment in a gated society ensures a safe and secure living environment, perfect for those seeking a quick deal with the convenience of a 1.2 Lac monthly rent.
  • The building provides essential amenities like power backup, electricity backup, and waste disposal, along with 24x7 security, CCTV security, and maintenance staff to ensure a hassle-free living experience.
  • You will also find a lobby in the building, a restaurant, and an attached market for added convenience, as well as visitor parking.
  • The property, with a property age between 8-10 years, is situated in a locality that offers a wide road and easy access to the city.
This residence presents a fantastic opportunity to design your personal living space in a prime Mumbai location.

Property Information

Listing Type Rent
Building Type Residential
Property Type Apartment
City Mumbai
Micro market Mumbai South
Locality Lower Parel
Project Mermit Tower
Area
1170
Sq.Ft.
  • Sq.ft.
  • Sq.metre
  • Sq.yards
Available From Immediately
Number of Rooms 2
Number of Bathroom 2
Facing East
View Road View
Balcony Connected
Power Back-up Available
Flooring Marble
Floor Number 9
Total Floor Count 18
Tower/Block 1
Unit No 4

Amenities

  • All
  • Convenience
  • Safety
  • Power Backup
    Power Backup
  • 24*7 Water Supply
    24*7 Water Supply
  • Lift
    Lift
  • 24 x 7 Security
    24 x 7 Security
  • Fire Fighting Systems
    Fire Fighting Systems
  • Attached Market
    Attached Market
  • Restaurant
    Restaurant

Locality & Commute

map
  • Schools
  • Bus Stops
  • Hospitals
  • ATMs
  • Mosques
  • Banks
  • Shopping Malls
  • Post Offices
  • Temples
  • Parks
Schools Near by Lower Parel
Dsb International School 0.35 KM
Maratha High School 0.71 KM
Swatantryaveer Savarkar Library 1.09 KM
Kgt International School 1.18 KM
Podar Ort International School 1.19 KM
Lalbaugcha Raja Sarvajanik Ganeshotsav Library 1.22 KM
Muktangan Lovegrove School 1.28 KM
St Ignatius High School 1.42 KM
Kms Dr Shirodkar High School 1.46 KM
Dr. Shirodkar Highschool 1.49 KM
Bus Stops Near by Lower Parel
Gopikrishna Piramal Hospital 0.27 KM
Toddy Company Empire Dyeing 0.61 KM
Nmjoshi Marg Police Station 0.75 KM
Ambika Mills King George Infernary Bus Stand 0.81 KM
Acharya Atre Chowk Bus Stand 0.87 KM
Famous Studio 1.06 KM
Bharatmata Cinema 1.08 KM
Deepak Cinema 1.18 KM
Compkkurne Chowk 1.18 KM
Comgulabrao Ganacharya Chowk 1.24 KM
Hospitals Near by Lower Parel
Shenoy Nursing Home 0.24 KM
Ipc Heart Care Center 0.43 KM
Mhasakar Hospital 0.54 KM
Mansi Maternity And Surgical Nursing Home 0.58 KM
Kshitij Mansik Arogya Centre 0.65 KM
Dr Nerurkar Harish Nursing Home 0.71 KM
Yerala Homeopathic Hospital Yerala Medical Trust?s Homoeopathic College 0.78 KM
Trivedi Sadan Municipal Dispensary 0.78 KM
Jijamata Nagar Municipal Dispensary 0.84 KM
Jc Diagnostic Centre 0.86 KM
ATMs Near by Lower Parel
Bankof India Atm 0.32 KM
Citibank Atm 0.38 KM
Hdfc Bank Atm 0.78 KM
Corporation Bank Atm 0.85 KM
Canara Bank Atm 1.03 KM
Corporation Bank Atm 1.07 KM
Axis Bank Atm 1.10 KM
Axis Bank Atm 1.10 KM
Bankof India Atm 1.25 KM
Axis Bank Atm 1.25 KM
Mosques Near by Lower Parel
Ahmed Sailor Masjid 0.25 KM
Bawla Masjid 0.61 KM
Sunni Masjid 0.90 KM
Kairuddin Masjid 1.32 KM
Hsa Badvi Mosque 1.36 KM
Pathan Masjid Compound 1.37 KM
Sunni Usmaniya Takiya Masjid 1.52 KM
Nawab Ayaz Ali Khan Masjid Trust 1.59 KM
Haji Daood Masjid 1.59 KM
Race Course Mosque 1.80 KM
Banks Near by Lower Parel
Abhyudaya Co-operative Bankltd 0.30 KM
Hdfc Bank Ltd Corporate And Head Office 0.54 KM
Kotak Mahindra Bank 0.73 KM
Indian Overseas Bank 0.81 KM
Corporation Bank 0.85 KM
Icici Bank 0.95 KM
Standard Chartered Bank 1.01 KM
Abhyudaya Co-operative Bankltd 1.12 KM
Icici Bank 1.14 KM
Icici Bank 1.16 KM
Shopping Malls Near by Lower Parel
Phoenix Palladium 0.23 KM
Grand Galleria 0.25 KM
Palladium Mall 0.38 KM
Laxmi Woolen Mills Compound 0.77 KM
Phoenix Head Office 0.78 KM
Shiv Smriti Chambers 1.06 KM
Atria The Millennium Mall 1.34 KM
Roopali Jewellers 1.62 KM
Croma Mall 1.87 KM
Nexus Diagnostics 1.91 KM
Post Offices Near by Lower Parel
Delisle Road Sub Post Office 0.15 KM
Sonal Super Services 1.01 KM
Worli Naka Sub Post Office 1.12 KM
Parel Sub Post Office 1.16 KM
Parel Post Office 1.16 KM
Worli Sub Post Office 1.24 KM
Worli Post Office 1.24 KM
Chamarbaug Sub Post Office 1.52 KM
Tank Road Sub Post Office 1.74 KM
Parel Naka Sub Post Office 1.76 KM
Temples Near by Lower Parel
Shri Hanuman Mandir 0.27 KM
Shree Vishwakarma Vansh Suthar Charitable Trust Mumbai 1.33 KM
Markandeshwar Mahadev Mandir 1.41 KM
Bal Vikas Mandir 2.08 KM
Sangameshwar Temple 2.13 KM
Siddhivinayak Temple 2.36 KM
Durga Mata Mandir 2.49 KM
Shree Ram Mandir 2.85 KM
Baps Shri Swaminarayan Mandir 3.07 KM
Chatrapati Shivaji Smarak Mandal Shivaji Mandir 3.41 KM
Parks Near by Lower Parel
Mahadikar Kalpana Udyan 1.41 KM
Dala Park 2.63 KM
Vasantdada Patil Udyan 2.75 KM
Five Garden 2.78 KM
Vasant Prabhu Garden 2.80 KM
Bhausaheb Hira Park 2.86 KM
Deendayal Upadhyay Garden 2.88 KM
Pramod Mahajan Garden 3.17 KM
Joseph Baptista Garden 3.24 KM
Veer Kotwal Garden 3.28 KM

Check Travel Time from Lower Parel to Major Areas in Mumbai

About Mermit Tower, Mumbai

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  • Tasteful Interiors
About Millennium Group Builders And Developers
Millennium Group Builders And Developers Logo
  • Total Projects 4
  • Delivered Projects3

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 42000 53700
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 ₹ 42 K/Sq.Ft. compared to Lower Parel at ₹ 53.7 K/Sq.Ft.
₹ 55,900
Sugee Sadan
₹ 53,700
Lower Parel
₹ 49,650
Options Avenue 14
₹ 46,350
Dhanji Ram Swaroop Palai Tower
₹ 42,000
Mermit Tower
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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
₹ 132/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

Lower Parel Rating & Reviews

View All
4.2
62 Ratings
  • 5 Star 21
  • 4 Star 31
  • 3 Star 10
  • 2 Star 0
  • 1 Star 0
What’s good
  • Reputed Schools or Hospitals in the Vicinity
  • Plenty of Shopping & Entertainment Options Nearby
  • Near Metro or Good Public Transport
  • Business Hubs & Offices in Close Proximity
What’s Bad
  • Smaller Room Sizes
Top Reviews
Hansaben Zaveri
Tenant
Positive

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.

Read more
Ratilal Kapadia
Owner
Positive

I love this locality as it is the heart of Mumbai’s business district. I get amazing skyline views and central connectivity. I feel very satisfied living in this premium zone. My rental yield income is incredibly high. My frustrations are the narrow lanes and the lack of enough greenery.

Read more
Harshad Doshi
Real estate agent
Positive

I suggest Lower Parel because my experiences show it is famous for premium towers and office hubs. I see it as mixed residential and commercial. I notice high rentals and strong resale value. I advise clients that traffic congestion and limited parking need attention, and monsoon waterlogging in pockets must be checked.

Read more
Rustom Gilder
Real estate agent
Positive

I recommend Lower Parel to premium buyers and corporate tenants. I see strong demand due to offices, malls, rail access, and lifestyle amenities in this area. I explain high rental yield and resale strength. I highlight schools and hospitals nearby. I warn about peak traffic hours and limited visitor parking issues.

Read more
Chaitanya Pradhan
Owner
Positive

I own a flat here, and my experiences feel rewarding. I know Lower Parel for luxury towers and its central Mumbai location. I enjoy offices, malls, and hospitals close by. I get strong rental returns. I feel disappointed with traffic jams and drainage during monsoons.

Read more
Sulabha Talpade
Tenant
Positive

I live in Lower Parel, and I find it modern and lively. I enjoy tall buildings, and my experiences suit tenants like me. I love High Street Phoenix visits. I trust KEM Hospital and JBCN International School nearby. I feel rents are high but worth it. I face traffic and noise.

Read more
Deepak Shelar
Real estate agent
Positive

I work as a broker, and I see Lower Parel as a top luxury investment zone. I suggest it for offices, malls, and fast connectivity. I guide clients about the Dhirubhai Ambani School nearby and the Breach Candy Hospital access. I notice high prices and heavy congestion as drawbacks.

Read more
Rakesh Parab
Owner
Positive

Lower Parel is the heart of Mumbai’s luxury and corporate life. My commute to Peninsula Business Park is effortless. Also, the nearby Aqua Line metro is a game-changer. I enjoy shopping at Phoenix Palladium and appreciate Global Hospital's presence. However, the extreme traffic jams and constant construction noise are frustrating.

Read more
Sashwat Kadam
Tenant
Positive

I find Lower Parel beautiful because of its skyline. The rental yield is massive. I love hanging out at Smaaash and local cafes. Transport is super easy with constant cabs. My experience with a high 60k rent is typical for this premium area. I complain about dusty air, narrow lanes, and no local markets.

Read more
Komal Shinde
Owner
Positive

I live here with my family. My experience is excellent here. Daily, I ride the Lower Parel monorail and utilise the local station. I appreciate the security my family has. Having Phoenix Palladium close by is my favourite spot. I simply hate the intense traffic congestion and the dearth of available parks.

Read more
Pravin More
Tenant
Positive

Living in this upscale neighbourhood impresses me. Walking to my office at Peninsula Business Park benefits me. The bowling facilities near my home are great. My way of life is really aided by it. I have issues with crowded pathways and dense air pollution during peak periods.

Read more
Sandeep Patil
Real estate agent
Positive

I advise my clients to go to Lower Parel because I observe an excellent work-life balance. The locality has nearby offices and shopping. For families, I think trains, monorails, and buses are convenient. For living, I exhibit Phoenix Palladium and Kamala Mills. I know that parks are small, traffic becomes thick, and pricing for purchasers remains costly.

Read more
Ravi
Tenant
Positive

Living in Lower Parel makes me really happy since everything I require is just a stroll away. Remaining close to my office in Peninsula Business Park keeps me in check. Daily for my travel, I use the Lower Parel railway station and the Monorail; the new Aqua Line 3 metro at Acharya Atre Chowk is a major benefit for me. Global Hospital is very well-known and close for medical needs. My work drives my decision to rent here, and the ambience of the luxury towers draws me. This area is really expensive for a commoner; it is definitely not economical. Finally, the noise from ongoing construction and the congested walkways truly irritate me, so I believe the pedestrian paths need immediate modernization.

Read more
Ishaan
Real estate agent
Positive

Lower Parel is the very hub of the Mumbai social and business scene. I find the change from ancient mills to opulent buildings quite amazing. For quickest travel, I advise using the monorail and nearby train stations. For residents, I view great advantages in top institutions such as J.J. Academy and Global Hospital. Because the roads are always lit and crowded, I feel quite secure at night here. For socializing, I love Phoenix Palladium's attitude as well as the nearby Kamala Mills. Because everyone wants to live close to their employment, rental returns seem to be very high. I find the great noise levels and heavy road traffic rather tiring.

Read more
Animesh
Owner
Positive

I adore my Lower Parel life because it is the centre of Mumbai's corporate and social buzz. As the Monorail and local train make my travel rather seamless, I am astounded by the link. Because nearby top-level JSW Hospital and J.J. Academy, I recommend this region. The active nightlife and continual security make me very safe for women at night. I like the vertical vegetation in luxury towers and entertaining weekends on High Street Phoenix. With great rental returns from bankers, my investment is really lucrative. Still, I want faster road maintenance and enhanced traffic management. This area is surely a dreamer's heaven.

Read more
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Agent Overview
M
Mohit Ashok Kumar Gupta

Mumbai

  • 10 Years Experience
  • Speaks: English, Hindi

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Lokhandwala Harmony 2 BHK Flat For Rent in Worli, Mumbai ₹ 1.35 L
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2 BHK + Pooja Room,Servant Room,Study Room,Extra Room Apartment For Rent in Amann Marina
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2 BHK Apartment For Rent in LnT Realty Crescent Bay
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3 BHK Apartment For Rent in Dosti Flamingos
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3 BHK + Pooja Room,Servant Room,Study Room,Extra Room Apartment For Rent in LnT Crescent Bay T3
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3 BHK + Pooja Room Apartment For Rent in Runwal Nirvana
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