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Lower Parel, Mumbai

Lower Parel, Mumbai
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New Projects: ₹ 43 L - ₹ 26.77 Cr
Buy: ₹ 52,865 Per Sq. Ft
Rent: 11,000 - ₹ 72 L
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About Lower Parel, Mumbai

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.

Brief Description – Lower Parel

Lower Parel is a Mumbai, Maharashtra suburb in the Konkan Division that covers 2.97 square kilometres and has a hot and humid climate all year. The approximate population of this area is 1,24,100, with 64,647 males and 59,453 females. It is located at 18.99°N 72.84°E. Marathi, Urdu, and Hindi are among the languages spoken here. Lower Parel is governed by the Municipal Corporation of Greater Mumbai.

What’s Great About Lower Parel?

  • Train routes, cabs and buses are most frequently used by the local public to travel around.
  • The locality has vivid connectivity with many routes as options to travel.
  • Several places have ongoing road construction, mostly to repair the damages and make the roads reusable.
  • The place is usually safe as there are no records, but the roads are usually deserted at nighttime.
  • Streetlights work perfectly throughout the area other than in emergency scenarios.
  • Police from the local police stations are said to conduct patrolling based on their schedule on a regular basis to ensure public safety and stop criminal actipn.
  • The place is full of parks and entertainment units, which are thoroughly maintained and looked after in order to allow the public to enjoy these services.
  • The standards of hygiene are maintained accurately by the locals and sewage disposal and wastage dumps are monitored and positioned accordingly so that the public can enjoy these services.

What’s Not Great About Lower Parel?

  • Most areas require immediate development of roads and bridges due to breakage, cracks, potholes, and other forms of damage.
  • Areas in the locality can be deserted at night, though the main roads are more crowded, making the area quite safe.
  • There is some waste dumping along the road.
  • Pollution levels are quite high, particularly near road areas, and must be monitored and reduced.

Infrastructure (physical)

Lower Parel is a well-connected neighbourhood thanks to Tulsi Pipe Road, NM Joshi Marg, the Mumbai Monorail, and the Western Suburban Railway Line. The Mumbai International Airport is 17 kilometres away. The proposed Lower Parel Metro Station on Line 3 (Colaba Bandra - SEEPZ) will also make commuting smoother.

Social Infrastructure

Schools Nearby

Various schools in Lower Parel include Muktangan English School and Jr College and Helen Keller Institute for Deaf & Blind.

Restaurants:

The various restaurants in Lower Parel include Indigo Delicatessen and Domino’s Pizza.

Healthcare Centres

The hospitals in Lower Parel are Nirmala Hospital Maternity and GDA Impex, among others.

Shopping Malls & Markets

Shopping complexes in Lower Parel are High Street Phoenix Mall and Palladium.

Banks

Banks in Lower Parel include IDBI Bank LTD and Axis Bank ATM.

Airport

The Chhatrapati Shivaji Maharaj International Airport is nearby.

Metro

The nearest railway station is Goregaon Metro Station.

Bus Terminal

There are several bus stops which help to connect with other parts of the city.

Railway Station

The distance from Mumbai Central railway station to Lower Parel is 6.8 kilometres.

Parks Nearby

Matoshri Ramabai Thackeray Udyan and K Laxman Garden are the parks in Lower Parel.

Nearby Locality - Distance Calculator

- Approx Distance from Lower Parel  to:

  • Airoli: km : 29.5 to 32.5
  • Ambernath: km : 59.2 to 63.7
  • Ambivili: km : 76.4 to 78.3
  • Andheri km : 14.7 to 18.4

- Commute Time via National Highway 3 from Lower Parel  to:

  • Airoli: 43 minutes
  • Ambernath: 1 hour 13 minutes
  • Ambivili: 1 hour 37 minutes
  • Andheri Km : 25 minutes

- Cab Fare from Lower Parel to:

  • Airoli: ₹1,000 - ₹1,300.
  • Ambernath: ₹1400 to ₹2200  approx
  • Ambivili: ₹630 to ₹1030  approx
  • Andheri Km : ₹283 to ₹357  approx

Transport Services Availability

Many transportation options are available in Lower Parel, Mumbai to make commuting easier for residents. To get from one place to another, one can use a variety of modes of transportation. These include taxis, trains, buses, automobiles, and bicycles. These Lower Parel transportation services make it simple for people to travel from one location to another without hassles.

How Do People Rate Lower Parel in Maharashtra?

As per reports, Lower Parel is one of Mumbai's most important neighbourhoods today. Residents rate it as the premium locality with the most important offices and business hubs, as well as the most luxurious residential complexes. Large real estate developers are heavily investing in this area. Lower Parel is in the heart of the city close to all of the important areas. This area's social infrastructure is also very well-developed, with many schools and colleges. There are numerous well-equipped hospitals that offer a wide range of services. There are also numerous refreshment options, such as restaurants, parks, and a movie theatre. The airport and railway stations are also conveniently located.

How to Visit Lower Parel in Maharashtra?

There are numerous ways to get to Lower Parel from the city, such as cab or train. Consider these preferred modes of transportation from a specific city to Lower Parel in Maharashtra.

  • Lower Parel can be reached by train which will drop you off at Lower Parel Railway Station.
  • Fly to Mumbai and then take a train to LowerParel.
  • Take a flight to Mumbai and then a bus to Lower Parel.
  • Taking the bus to Lower Parel.
  • Drive or take a cab from the arrival city to Lower Parel.

Lower  Parel Comparison

  • Lower Parel is one of Mumbai's most popular commercial areas.
  • Lower Parel is a shopper's paradise.
  • It has an abundance of commercial establishments, markets, and retail hubs.
  • It is well connected to the Eastern Expressway.
  • This neighbourhood has an excellent mix of commercial and residential properties.
  • Leading hospitals and schools are easily accessible.
  • Lower Parel Train and Monorail stations serve it.
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Why Should You Invest in Lower Parel, Mumbai?

What’s Great About Lower Parel
  • Train routes, cabs, and buses are most frequently used by the local public
  • Many flyovers and roads can be seen throughout the area for better connectivity
  • Good educational and medical facilities are available near the locality
  • Many renowned markets, grocery shops, and malls are available nearby
  • Many business hubs, workplaces, and offices are positioned near the locality
What’s Not Great About Lower Parel
  • Roads and bridges need immediate development in most areas
  • Pollution is a major issue in the locality
  • Traffic congestion during peak hours
  • Poor waste management on some roads
  • Overcrowded & densely populated locality

How to Visit Lower Parel, Mumbai?

Lower Parel Mumbai
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Lower Parel Map and Nearby Landmarks
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  • Schools
  • Hospitals
  • Hotels
  • Business Hubs
  • Shopping Centers
  • City Connections
School Near by Lower Parel
Hospital Near by Lower Parel
City Connection Near by Lower Parel
Hotel Near by Lower Parel
Shopping Center Near by Lower Parel
Business Hub Near by Lower Parel

Social Infrastructure Nearby Lower Parel, Mumbai

School Nearby Lower Parel, Mumbai
  • KGT International School
  • DSB International School
Hospital Nearby Lower Parel, Mumbai
  • Western Railway Health Care Unit
  • Seth GM Jain Hospital
  • Mansi Maternity And Surgical Nursing Home
  • Shenoy Nursing Home
  • Dr Nerurkar Harish Nursing Home
  • Kshitij Mansik Arogya Centre
  • Mhasakar Hospital
  • Western Railway Hospital
+ (6) more
Hotel Nearby Lower Parel, Mumbai
  • The St Regis Mumbai
Business Hub Nearby Lower Parel, Mumbai
  • Urmi Estate

Property Rates & Price Trends in Lower Parel

Summary For Lower Parel

Location Summary: Lower Parel

Lower Parel is a popular commercial and residential location in Mumbai, India. It is a rapidly developing area and has become one of the most sought-after locations for real estate investment in the city. Here are some key details about the location:

Rental Rate: The current rental rate in Lower Parel is ₹ 108 per square...

City Summary for Lower Parel
  • All
  • New Sale
  • Resale
  • 3M
  • 6M
  • 1Yr
Sales Transactions
234
Gross Sales Value
₹ 1,314 Cr.
Current Rate/Sq.ft
₹ 70,917
Rental Rate/Sq.Ft
₹ 118.81
City Sales Trend for Lower Parel
  • All
  • New Sale
  • Resale
Price Movement in & around Lower Parel
  • All
  • New Sale
  • Resale
Location Current Price 3 Months 6 Months 1 Year
Lower Parel ₹ 70,917 -9.15% +12.44% +13.13%
Parel ₹ 46,546 +0.14% +1.13% +12.41%
Worli ₹ 84,137 -1.98% -1.43% -3.00%
Jacob Circle ₹ 29,432 -4.18% -17.53% -25.67%
Chinchpokli ₹ 23,356 -1.13% -4.73% -11.87%
Prabhadevi ₹ 78,353 -7.65% -2.28% +2.39%
Mahalaxmi ₹ 59,113 - +5.49% -
Agripada ₹ 43,407 +1.81% -5.76% -13.12%
Dadar West ₹ 55,984 -0.47% +4.27% +4.59%
Dadar East ₹ 48,631 +0.53% -2.22% -4.19%
Rental Distribution for Lower Parel
  • Rental
  • 3M
Configurations Area Range(in Sq.Ft.) Price Range
1 BHK 362-465 ₹ 52,500 - 67,400
1.5 BHK 400-600 ₹ 58,000 - 87,000
2 BHK 800-895 ₹ 116,000 - 129,800
2.5 BHK 947-1050 ₹ 137,300 - 152,200
3 BHK 1092-1415 ₹ 158,300 - 205,200
3.5 BHK 1400-1798 ₹ 203,000 - 260,700
4 BHK 1600-1940 ₹ 232,000 - 281,300
5 BHK 2826-3000 ₹ 409,700 - 435,000
6 BHK 2900-3500 ₹ 420,500 - 507,500
Studio 250-350 ₹ 36,200 - 50,700
Top Selling Projects by Transaction in Lower Parel
  • All
  • New Sale
  • Resale
  • 3M
  • 6M
  • 1Yr
Project Transactions Current Price Price Change
Birla Niyaara 19 ₹ 86,620 +₹ 2,031
Lodha The Park 18 ₹ 63,896 +₹ 3,380
Raheja Imperia 14 ₹ 74,767 +₹ 3,849
Lodha Park Signet 11 ₹ 61,844 -₹ 30
Lodha World Tower 7 ₹ 73,449 +₹ 2,502
Trump Tower 6 ₹ 47,898 -
Lodha Parkside 5 ₹ 63,521 +₹ 149
Lodha World One 5 ₹ 50,330 -
Lodha Marquise 4 ₹ 52,059 -₹ 1,912
Lodha Adrina 2 ₹ 65,293 -
Top Selling Projects by Value in Lower Parel
  • All
  • New Sale
  • Resale
  • 3M
  • 6M
  • 1Yr
Project Sale Value Current Price Price Change
Birla Niyaara ₹ 486 Cr. ₹ 86,620 +₹ 2,031
Lodha The Park ₹ 130 Cr. ₹ 63,896 +₹ 3,380
Raheja Imperia ₹ 107 Cr. ₹ 74,767 +₹ 3,849
Lodha World Tower ₹ 94 Cr. ₹ 73,449 +₹ 2,502
Lodha World One ₹ 60 Cr. ₹ 50,330 -
Trump Tower ₹ 44 Cr. ₹ 47,898 -
Lodha Marquise ₹ 32 Cr. ₹ 52,059 -₹ 1,912
Lodha Park Signet ₹ 26 Cr. ₹ 61,844 -₹ 30
Lodha Parkside ₹ 25 Cr. ₹ 63,521 +₹ 149
Lodha Adrina ₹ 16 Cr. ₹ 65,293 -
Top Developers by Transaction in Lower Parel
  • All
  • New Sale
  • Resale
  • 3M
  • 6M
  • 1Yr
Developer Name Transactions
Lodha Group 37
Birla Estates 19
Raheja Universal 14
Lodha 13
Adi Realtors 10
Enpar Group 5
Lalitambika Builders And Developers 3
Swaraj Homes Builders And Developer 2
Piramal Realty 2
Ashford Group 1
Top Gainer Projects in Lower Parel
  • All
  • New Sale
  • Resale
  • 3M
  • 6M
  • 1Yr
Project Transactions Current Price Price Change
Lodha The Park 18 ₹ 63,896 +₹ 3,380
Raheja Imperia 14 ₹ 74,767 +₹ 3,849
Lodha World Tower 7 ₹ 73,449 +₹ 2,502
Birla Niyaara 19 ₹ 86,620 +₹ 2,031
Lodha Parkside 5 ₹ 63,521 +₹ 149
Lodha Park Signet 11 ₹ 61,844 -₹ 30
High Value Transactions in Lower Parel
  • All
  • New Sale
  • Resale
  • 3M
  • 6M
  • 1Yr
Project Gross Value
Lodha The Park ₹ 17 Cr.
Lodha World One ₹ 15 Cr.
World Crest ₹ 12 Cr.
Raheja Imperia ₹ 11 Cr.
Lodha Marquise ₹ 9 Cr.
Trump Tower ₹ 9 Cr.
Lodha Adrina ₹ 9 Cr.
Marathon Nextzen Era ₹ 6 Cr.
Lodha Parkside ₹ 6 Cr.
Lodha Park Signet ₹ 6 Cr.
Most Expensive Projects in Lower Parel
  • All
  • New Sale
  • Resale
  • 3M
  • 6M
  • 1Yr
Project Current Price
Birla Niyaara ₹ 86,620
Raheja Imperia ₹ 74,767
Lodha World Tower ₹ 73,449
Lodha Adrina ₹ 65,293
Lodha The Park ₹ 63,896
Lodha Parkside ₹ 63,521
Lodha Park Signet ₹ 61,844
Lodha Allura ₹ 54,394
Neelkamal CHS ₹ 54,368
Lodha Marquise ₹ 52,059
4.6
8 Ratings
  • 5 Star 5
  • 4 Star 3
  • 3 Star 0
  • 2 Star 0
  • 1 Star 0
What’s good
  • Safe at Night with Well Lit Streets
  • Plenty of Shopping & Entertainment Options Nearby
  • Near Metro or Good Public Transport
  • Reputed Schools or Hospitals in the Vicinity
What’s Bad
  • No Infrastructural Development Planned in Future
  • Water Logging & Sewage Disposal Problems
  • Limited or no Green Areas & Parks
Images
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Ratings & Reviews of Lower Parel, Mumbai View All
Urjavaha Khatri
Owner

This place is well connected with other parts of the city and all basic facilities are available here. The basic amenities with schools, colleges, bus stops, hospitals, and clinics are available nearby. The roads are well maintained and well lit and the electricity supply and water supply service are good here. This place is unhygienic and the garbage is not regularly disposed of. Read More

Parijat Mangal
Tenant

This place is good for living with all kinds of basic facilities available. This place has all types of basic facilities like schools, bus stops, banks, ATMs, and hospitals nearby. This place is well connected with other parts of the city by roads. The place is well maintained by the authorities and has tight security. This is a highly polluted area and regular construction work makes the air more polluted. Read More

Saudeep Dhar
Tenant

I have been living in this place for 15 years as a tenant. This place has all kinds of transport facilities with good road connectivity. All kinds of basic amenities like schools, colleges, hospitals, clinics, and markets are available here nearby. This place is vibrant, the residents are from a mixed culture. The local people are helpful and kind and make the place safe for all. Read More

Pragya Modi
Former resident

This place is in a posh area in Mumbai and has a different vibe. The place has the culture of proper Maharashtra as well as the flexibility of south Mumbai. This place has lots of showrooms of famous brands from all over the world. This is close to the sea beach and all types of people live here. The cleanliness of this place is well maintained and the security is well observed. Read More

Medhansh Datta
Owner

I have been living here for 7 years in my own house with my family. This place has all kinds of transport facilities available public and private as well. All kinds of basic amenities like schools, colleges, shops, banks, ATMs, clubs, and restaurants are available here. This place has good security and people can enjoy the nightlife safely. The water supply and electricity supply are good in this place. Local grocery shops, salons, and gyms are easily available here. Read More

People also Asked About Lower Parel

  • Is lower parel expensive?

    Neelambuj Laghari Answered: 06 July 2023
    Lower Parel is one of the costliest areas in Mumbai, with property prices ranging between Rs. 30,000-40,000 per sq. ft. and even upwards. It is home to several premier projects as well. Read More
  • How far is lower parel from parel?

    Hiranya Thakur Answered: 05 July 2023
    Parel is only 5-6 minutes away from Lower Parel and the driving distance is approximately 1 kilometre only. Read More
  • Is lower parel a good area?

    Gangadutt Zacharia Answered: 05 July 2023
    Lower Parel is one of the most popular areas in Mumbai, home to some of its biggest office spaces and corporate towers, along with shopping malls, entertainment and nightlife options, and more. Lower Parel is also centrally connected to several major destinations in the city. Read More

Demand in Lower Parel, Mumbai

  • Sale
  • Rent
Property Type
Enquiries
Apartment
79%
Builder Floor
1%
Office Space
10%
Penthouse
8%
BHK
Enquiries
1 BHK
21%
1 RK
2%
1.5 BHK
3%
2 BHK
13%
3 BHK
21%
3.5 BHK
3%
4 BHK
10%
5 BHK
12%
Budget
Enquiries
50 L - 2 Cr.
30%
2 Cr. - 5 Cr.
15%
Above 5 Cr.
54%

Supply in Lower Parel, Mumbai

  • Sale
  • Rent
Property Type
Enquiries
Apartment
83%
Builder Floor
1%
Office Space
11%
Penthouse
1%
BHK
Enquiries
1 BHK
11%
1 RK
0%
1.5 BHK
1%
2 BHK
23%
3 BHK
28%
3.5 BHK
3%
4 BHK
17%
5 BHK
6%
Budget
Enquiries
50 L - 2 Cr.
11%
2 Cr. - 5 Cr.
17%
Above 5 Cr.
51%
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Top Real Estate Experts in Lower Parel, Mumbai
Jitender Mumbai, Maharashtra
Jitender
Mumbai, Maharashtra
  • 310 Listings in Lower parel
  • Speaks: English,Gujarati,Hindi,Marathi,Punjabi
Keystone Realtors Mumbai, Maharashtra
Keystone Realtors
Mumbai, Maharashtra
  • 10 Years Experience
  • 199 Listings in Lower parel
Anil Xavier Cordeiro Mumbai, Maharashtra
Anil Xavier Cordeiro
Mumbai, Maharashtra
  • 15 Years Experience
  • 150 Listings in Lower parel
  • Speaks: English,Hindi,Marathi
Mohit Ashok Kumar Gupta Mumbai, Maharashtra
Mohit Ashok Kumar Gupta
Mumbai, Maharashtra
  • 10 Years Experience
  • 132 Listings in Lower parel
  • Speaks: English,Hindi
Dilip Kumar Mumbai, Maharashtra
Dilip Kumar
Mumbai, Maharashtra
  • 10 Years Experience
  • 82 Listings in Lower parel
  • Speaks: English,Hindi,Marathi
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