✅ Is Parel, Mumbai a good place to buy a flat in 2026?

Yes. Parel remains a strong choice in 2026, as it is located between South Mumbai and Lower Parel. The area already has hospitals, offices, railway stations, and road access. People buying here usually do so to stay close to work or medical hubs, not for short-term trading.

✅ Which are the best areas to buy flats in Parel, Mumbai?

The area around Jerbai Wadia Road, in the eastern part of Parel, attracts families for its proximity to hospitals and established residential societies. The Sewri-side extension is also gaining popularity due to new redevelopment projects and its proximity to the Eastern Freeway. These are some of the best areas to consider when purchasing flats in the locality.

✅ What is the average price of a 2BHK and 3BHk flat in Parel, Mumbai?

In Parel, 2 BHK flats are priced between ₹2.25 Cr* and ₹28.97 Cr*, depending on project scale and carpet size. 3 BHK flats range from ₹3.3 Cr* to ₹21.89 Cr*. Premium pricing is seen in larger redevelopment towers and gated communities.

✅ Are there affordable flats in Parel, Mumbai?

Affordable options are limited. Older societies near Naigaon and in the Parel East area offer lower entry prices than newer towers. Most new projects fall in the mid to premium segment.

✅ How is the connectivity in Parel, Mumbai?

Connectivity is one of biggest strengths. Rail access is available through Parel station on the Central Line, Lower Parel on the Western Line, and Currey Road. The Eastern Freeway is commonly used for travel to South Mumbai. Metro Line 3 has improved access towards BKC and SEEPZ.

✅ What is the rental yield for flats in Parel, Mumbai?

Rental yield in Parel is around 2.9%. Rental demand primarily comes from corporate employees in Lower Parel and medical professionals affiliated with hospitals such as KEM and Tata Memorial.

✅ Are ready-to-move flats available in Parel, Mumbai?

Yes, ready-to-move flats are available in projects such as Tata Condor Gardens, Tata Falcons Crest, and Lodha Codename Hidden Jewel. These are primarily significant gated developments with completed towers. Additionally, resale flats are common in older redevelopment buildings across Parel East and the Naigaon belt.

✅ What are the upcoming projects in Parel, Mumbai?

Upcoming residential projects in Parel include Gold Pristine Heights, Nirban Avenue and Sobha Inizio. These projects are planned to redevelop land parcels. New supply is limited and mostly vertical, as large vacant plots are no longer available in Parel.

✅ Is Parel, Mumbai a good place for real estate investment?

Parel suits buyers seeking stability rather than rapid appreciation. The area benefits from sustained housing demand driven by hospitals, offices, and strong connectivity. Price movement is steady and driven by end users rather than short-term investors.

✅ Are there good schools and hospitals near Parel, Mumbai?

Yes. Major hospitals, such as KEM Hospital and Tata Memorial, are located in the area. Schools such as JBCN International School and St. Paul’s High School are within a short commute.

Home
Flats in Mumbai for Sale
Flats in Parel Mumbai for Sale

Page 11 | Flats for sale in Parel, Mumbai

Showing 685 Listings

Last Updated: Nov 1, 2026

Peninsula Celestia Spaces

2 BHK Flat for Sale in Parel, Mumbai

₹ 4.3 Cr

Config: 2 BHK + 2 Bath
Area Carpet Area: 878

Sq.Ft.
Additional Spaces: Prayer Room +1
Possession Status: Ready To Move
Facing: East Facing
Floor: 30th of 50 Floors

G Gold Realty 5

Contact Agent

New Booking

2, 3 BHK Flats in JP Codename Matunga Origins
Matunga East, Mumbai

Starting From₹ 2.94 Cr
₹ 47,030/ Sq. Ft
+ Charges

Project Status Under Construction
No. of Units 176
Total area 0.66 acres

2 BHK 625 Sq. Ft. Apartment

625

₹ 2.94 Cr

2 BHK 700 Sq. Ft. Apartment

700

₹ 3.29 Cr

3 BHK 900 Sq. Ft. Apartment

900

₹ 4.23 Cr

L&T Crescent Bay T2

2 BHK Flat for Sale in Parel, Mumbai

₹ 3.9 Cr

Config: 2 BHK + 2 Bath
Area Carpet Area: 824

Sq.Ft.
Additional Spaces: Prayer Room
Possession Status: Ready To Move
Facing: East Facing
Floor: 28th of 45 Floors

G Gold Realty 5

Contact Agent

Dosti Flamingos

3 BHK Flat for Sale in Parel, Mumbai

₹ 3.5 Cr

Config: 3 BHK + 3 Bath
Area Carpet Area: 900

Sq.Ft.
Additional Spaces: Store Room
Possession Status: Ready To Move
Facing: East Facing
Floor: 5th of 15 Floors

G Gold Realty 5

Contact Agent

Bhoomi Simana

2 BHK Flat for Sale in Parel, Mumbai

₹ 4.5 Cr

Config: 2 BHK + 2 Bath
Area Carpet Area: 826

Sq.Ft.
Additional Spaces: Prayer Room
Possession Status: Ready To Move
Facing: East Facing
Floor: 32th of 55 Floors

G Gold Realty 5

Contact Agent

New Booking

1, 2, 3 BHK Flats in Runwal Timeless
Wadala, Mumbai

Starting From₹ 1.60 Cr
₹ 38,210/ Sq. Ft
+ Charges

Project Status Under Construction
No. of Units 870
Total area 3 acres

1 BHK 418 Sq. Ft. Apartment

418

₹ 1.60 Cr

1 BHK 422 Sq. Ft. Apartment

422

₹ 1.61 Cr

2 BHK 583 Sq. Ft. Apartment

583

₹ 2.23 Cr

2 BHK 644 Sq. Ft. Apartment

644

₹ 2.46 Cr

3 BHK 841 Sq. Ft. Apartment

841

₹ 3.21 Cr

3 BHK 916 Sq. Ft. Apartment

916

₹ 3.50 Cr

Neha Residency Mumbai

2 BHK Flat for Sale in Parel, Mumbai

₹ 4.49 Cr

Config: 2 BHK + 2 Bath
Area Carpet Area: 980

Sq.Ft.
Additional Spaces: Prayer Room
Possession Status: Ready To Move
Facing: East Facing
Floor: 19th of 25 Floors

G Gold Realty 5

Contact Agent

L&T Crescent Bay T2

2 BHK Flat for Sale in Parel, Mumbai

₹ 4.25 Cr

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

Sq.Ft.
Additional Spaces: Prayer Room
Possession Status: Ready To Move
Facing: North East Facing
Floor: 37th of 59 Floors

G Gold Realty 5

Contact Agent

2.5 BHK Flat for Sale in Parel, Mumbai

Parel, Mumbai

₹ 6.5 Cr

Config: 2.5 BHK + 3 Bath
Area Carpet Area: 1000

Sq.Ft.
Additional Spaces: Servant Room
Possession Status: Ready To Move
Facing: East Facing
Floor: 28th of 50 Floors

Prime Location
Reputed Builder
Gated Society
Safe & Secure Locality
Luxury lifestyle

O Omkar Dalvi

Contact Agent

New Booking

2 BHK Flats in Dosti Eastern Bay Phase 2
Wadala, Mumbai

Starting From₹ 2.92 Cr
₹ 43,860/ Sq. Ft
+ Charges

Project Status Under Construction
No. of Units 170
Total area 4 acres

2 BHK 666 Sq. Ft. Apartment

666

₹ 2.92 Cr

2 BHK 777 Sq. Ft. Apartment

777

₹ 3.41 Cr

Sobha Inizio

3 BHK Flat for Sale in Parel, Mumbai

₹ 6.98 Cr

Config: 3 BHK + 3 Bath
Area Carpet Area: 1225

Sq.Ft.
Possession Status: Under Construction
Facing: East Facing
Floor: 15th of 67 Floors
Parking: 2 Covered Parking

Prime Location
Safe & Secure Locality
Spacious
Investment Opportunity
Peaceful Vicinity

Ajay Dulgach 4.5

Contact Agent

Kitchen in 3 BHK Apartment at Parel – for Sale

3 BHK Flat for Sale in Parel, Mumbai

Parel, Mumbai

₹ 4.5 Cr

Config: 3 BHK + 2 Bath
Area Carpet Area: 1300

Sq.Ft.
Additional Spaces: Prayer Room
Possession Status: Ready To Move
Facing: East Facing
Floor: 8th of 20 Floors

G Gold Realty 5

Contact Agent

Omkar Veda Exclusive

2 BHK Flat for Sale in Parel, Mumbai

₹ 3.6 Cr

Config: 2 BHK + 2 Bath
Area Carpet Area: 1090

Sq.Ft.
Additional Spaces: Servant Room +1
Possession Status: Ready To Move
Facing: East Facing
Floor: 4th of 34 Floors

G Gold Realty 5

Contact Agent

New Booking

3 BHK Flats in Piramal Mahalaxmi North Tower
Mahalaxmi, Mumbai

Starting From₹ 8.05 Cr
₹ 76,389/ Sq. Ft
+ Charges

Project Status Under Construction
No. of Units 529
Total area 10.51 acres

3 BHK 1213 Sq. Ft. Apartment

1213

₹ 9.27 Cr

3 BHK 1054 Sq. Ft. Apartment

1054

₹ 8.05 Cr

Peninsula Celestia Spaces

3 BHK Flat for Sale in Parel, Mumbai

₹ 5.5 Cr

Config: 3 BHK + 3 Bath
Area Carpet Area: 1233

Sq.Ft.
Possession Status: Ready To Move
Facing: East Facing
Floor: 31th Floor
Parking: 2 Covered Parking

Prime Location
Breakthrough Price
Reputed Builder
Family
Peaceful Vicinity

Amol Uttam Sawant

Contact Agent

Lodha Venezia

3 BHK Flat for Sale in Parel, Mumbai

₹ 5.75 Cr

Config: 3 BHK + 3 Bath
Area Carpet Area: 1213

Sq.Ft.
Facing: East Facing
Floor: 55th Floor
Parking: 2 Covered Parking
Furnishing Status: Semi-Furnished

Affordable
Well ventilated
Plenty of Sunlight
Fully Renovated
Tasteful Interiors

Ashok Kumar Jagannath Saroj

Contact Agent

Furnished Amenities in 1 BHK Apartment at Parel – for Sale

1 BHK Flat for Sale in Parel, Mumbai

Parel, Mumbai

₹ 2.15 Cr

Config: 1 BHK + 2 Bath
Area Built-up Area: 600

Sq.Ft.
Possession Status: Ready To Move
Facing: East Facing
Floor: 11th of 15 Floors
Parking: 1 Covered Parking

A Atul Savla 3.5

Contact Agent

New Booking

3 BHK Flats in Godrej Five Gardens
Matunga East, Mumbai

Starting From₹ 12.30 Cr
₹ 95,944/ Sq. Ft
+ Charges

Project Status Under Construction
No. of Units 102
Total area 1.37 acres

3 BHK 1282 Sq. Ft. Apartment

1282

₹ 12.30 Cr

3 BHK 1370 Sq. Ft. Apartment

1370

₹ 13.14 Cr

Omkar Veda Exclusive

2 BHK Flat for Sale in Parel, Mumbai

₹ 3.4 Cr

Config: 2 BHK + 2 Bath
Area Carpet Area: 980

Sq.Ft.
Additional Spaces: Servant Room +1
Possession Status: Ready To Move
Facing: East Facing
Floor: 3rd of 27 Floors

G Gold Realty 5

Contact Agent

Room in 3 BHK Apartment at Parel – for Sale

3 BHK Flat for Sale in Parel, Mumbai

Parel, Mumbai

₹ 4.95 Cr

Config: 3 BHK + 3 Bath
Area Carpet Area: 995

Sq.Ft.
Additional Spaces: Prayer Room
Possession Status: Ready To Move
Facing: East Facing
Floor: 11th of 19 Floors

G Gold Realty 5

Contact Agent

Kitchen in 1 BHK Apartment at Lalbaug – for Sale

1 BHK Flat for Sale in Lalbaug, Mumbai

Lalbaug, Mumbai

₹ 2.2 Cr

Config: 1 BHK + 2 Bath
Area Built-up Area: 650

Sq.Ft.
Possession Status: Ready To Move
Facing: East Facing
Floor: 5th of 8 Floors
Parking: 1 Open Parking

A Atul Savla 3.5

Contact Agent

New Booking

2, 3 BHK Flats in Dosti Eastern Bay Phase 3
Wadala, Mumbai

Starting From₹ 2.95 Cr
₹ 43,860/ Sq. Ft
+ Charges

Project Status Under Construction
No. of Units 376
Total area 4 acres

2 BHK 673 Sq. Ft. Apartment

673

₹ 2.95 Cr

2 BHK 731 Sq. Ft. Apartment

731

₹ 3.21 Cr

3 BHK 1009 Sq. Ft. Apartment

1009

₹ 4.43 Cr

3 BHK 1094 Sq. Ft. Apartment

1094

₹ 4.80 Cr

Lodha Primo

2 BHK Flat for Sale in Parel, Mumbai

₹ 4 Cr

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

Sq.Ft.
Additional Spaces: Prayer Room
Possession Status: Ready To Move
Facing: East Facing
Floor: 12th of 36 Floors

G Gold Realty 5

Contact Agent

Ruparel Ariana

3 BHK Flat for Sale in Parel, Mumbai

Price on Request

Config: 3 BHK + 3 Bath
Area Carpet Area: 1351

Sq.Ft.
Additional Spaces: Servant Room +1
Possession Status: Ready To Move
Facing: East Facing
Floor: 58th of 73 Floors

G Gold Realty 5

Contact Agent

1 BHK Flat for Sale in Lalbaug, Mumbai

Lalbaug, Mumbai

₹ 2.2 Cr

Config: 1 BHK + 2 Bath
Area Carpet Area: 540

Sq.Ft.
Possession Status: Ready To Move
Floor: 5th of 8 Floors
Parking: 1 Covered Parking
Furnishing Status: Furnished

A Atul Savla 3.5

Contact Agent

New Booking

3, 4, 5 BHK Flats in K Raheja Modern Vivarea
Mahalaxmi, Mumbai

Starting From₹ 21.24 Cr
₹ 1,22,069/ Sq. Ft
+ Charges

Project Status Under Construction
No. of Units 266
Total area 3.11 acres

3 BHK 1740 Sq. Ft. Apartment

1740

₹ 21.24 Cr

4 BHK 2181 Sq. Ft. Apartment

2181

₹ 26.62 Cr

5 BHK 2811 Sq. Ft. Apartment

2811

₹ 34.31 Cr

Kitchen in 2 BHK Apartment at Parel – for Sale

2 BHK Flat for Sale in Parel, Mumbai

Parel, Mumbai

₹ 4.75 Cr

Config: 2 BHK + 2 Bath
Area Saleable Area: 826

Sq.Ft.
Additional Spaces: Prayer Room +3
Possession Status: Ready To Move
Facing: East Facing
Floor: 30th of 53 Floors

G Gold Realty 5

Contact Agent

Living Room in 2 BHK Apartment at Parel – for Sale

2 BHK Flat for Sale in Parel, Mumbai

Parel, Mumbai

₹ 4 Cr

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

Sq.Ft.
Additional Spaces: Prayer Room
Possession Status: Ready To Move
Facing: East Facing
Floor: 20th of 59 Floors

G Gold Realty 5

Contact Agent

Ruparel Ariana

3 BHK Flat for Sale in Parel, Mumbai

Price on Request

Config: 3 BHK + 3 Bath
Area Carpet Area: 1226

Sq.Ft.
Additional Spaces: Servant Room +1
Possession Status: Ready To Move
Facing: East Facing
Floor: 25th of 72 Floors

G Gold Realty 5

Contact Agent

New Booking

2, 3, 4, 5 BHK Flats in Lodha Mahalaxmi Bellevue
Mahalaxmi, Mumbai

Starting From₹ 7.20 Cr
₹ 82,088/ Sq. Ft
+ Charges

Project Status Under Construction
No. of Units 627
Total area 7 acres

2 BHK 877 Sq. Ft. Apartment

877

₹ 7.20 Cr

3 BHK 1111 Sq. Ft. Apartment

1111

₹ 9.12 Cr

3 BHK 1206 Sq. Ft. Apartment

1206

₹ 9.90 Cr

4 BHK 1602 Sq. Ft. Apartment

1602

₹ 13.15 Cr

4 BHK 1954 Sq. Ft. Apartment

1954

₹ 16.04 Cr

5 BHK 2960 Sq. Ft. Apartment

2960

₹ 24.30 Cr

L&T Crescent Bay T2

2 BHK Flat for Sale in Parel, Mumbai

₹ 4 Cr

Config: 2 BHK + 2 Bath
Area Carpet Area: 956

Sq.Ft.
Additional Spaces: Prayer Room
Possession Status: Ready To Move
Facing: North East Facing
Floor: 39th of 41 Floors

G Gold Realty 5

Contact Agent

Gold Pristine Heights

1 BHK Flat for Sale in Parel, Mumbai

₹ 1.95 Cr

Config: 1 BHK + 2 Bath
Area Carpet Area: 450

Sq.Ft.
Possession Status: Under Construction
Facing: East Facing
Floor: 15th of 22 Floors
Parking: 1 Covered Parking

D Dream Properties

Contact Agent

Lodha Venezia

2 BHK Flat for Sale in Parel, Mumbai

₹ 4.15 Cr

Config: 2 BHK + 2 Bath
Area Carpet Area: 834

Sq.Ft.
Additional Spaces: Prayer Room +2
Possession Status: Ready To Move
Facing: East Facing
Floor: 37th of 65 Floors

G Gold Realty 5

Contact Agent

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Bhoiwada Mumbai (0.71 km)
Lalbaug Mumbai (0.82 km)
Kalachowki Mumbai (1.03 km)
Sewri West Mumbai (1.28 km)
Dighe Nagar Mumbai (1.38 km)
Century Mills Mumbai (1.45 km)

Budget

Size

Building Type

Residential
Commercial

Property Type

Apartment
Builder Floor
Villa
Penthouse
Plot
Independent House
Office Space
Shop
Showroom
Land
Industrial Plot
Warehouse
Co-working Space
Office Space in IT/SEZ

Bedrooms

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1 RK
1.5 BHK
2 BHK
2.5 BHK
3 BHK
3.5 BHK
4 BHK
5 BHK
6 BHK
6+ BHK
Studio

Societies

Furnishing Status

Furnished
Semi-Furnished
Unfurnished
Gated Communities

Posted by

Owners
Partner Agents

Possession Status

Ready To Move
Under Construction

Amenities

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

Page 11 | Flats for sale in Parel, Mumbai

2 BHK Flat for Sale in Parel, Mumbai

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