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Showing 1-9 of 9

Flats Under 5 Crore for sale in Lower Parel, Mumbai

100% Verified Real Estate Properties Mumbai. Find New Real Estate Projects & Best Selling Properties in Lower Parel, Mumbai. 9 Verified Flats/Apartments/Villas Only At HomeBazaar.Com.

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avighna-ix

Avighna IX

By Avighna Group

locationLower Parel, Mumbai
rupeeicon

3.01 Cr - 4.6 Cr

bhk2,3,4 BHK
carpet-area863 to 1318 SqFt
under-constReady Possession
material-nature-people-blackLivability    4/10
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investmentInvestment4/10
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mj-shah arihant towers

By M J Shah Group

locationLower Parel, Mumbai
rupeeicon

2.97 Cr - 4.38 Cr

bhk2,3 BHK
carpet-area805 to 1186 SqFt
under-constReady Possession
material-nature-people-blackLivability    4/10
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investmentInvestment4/10
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lodha-vista

Lodha Vista

By Lodha Group

locationLower Parel, Mumbai
rupeeicon

3.87 Cr - 7.26 Cr

bhk2,3,4 BHK
carpet-area680 to 1470 SqFt
under-constReady Possession
material-nature-people-blackLivability    10/10
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investmentInvestment10/10
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SPECIAL OFFER
Avail 4% ROI Opportunity | Ready to Move In 2 BHK Deck Homes*
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101-worli residences

101 Worli Residences

By Enpar Group

locationLower Parel, Mumbai
rupeeicon

1.96 Cr - 3 Cr

bhk2,3 BHK
carpet-area785 to 1200 SqFt
under-constReady Possession
material-nature-people-blackLivability    4/10
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investmentInvestment4/10
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siddharth-enclave

Siddharth Enclave

By Siddharth group

locationLower Parel, Mumbai
rupeeicon

1.6 Cr - 2.5 Cr

bhk1,2 BHK
carpet-area337 to 525 SqFt
under-constReady Possession
material-nature-people-blackLivability    4/10
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investmentInvestment4/10
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Codename Nucleus

By The Baya Company

locationLower Parel, Mumbai
rupeeicon

1.2 Cr - 2.4 Cr

bhk1,2,3 BHK
carpet-area363 to 726 SqFt
under-constUnder Construction
material-nature-people-blackLivability    4/10
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investmentInvestment4/10
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The Baya Central

By The Baya Company

locationLower Parel, Mumbai
rupeeicon

1.5 Cr - 2.37 Cr

bhk1,2 BHK
carpet-area362 to 557 SqFt
under-constUnder Construction
material-nature-people-blackLivability    4/10
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investmentInvestment4/10
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Sumer Prime

By Sumer Group

locationLower Parel, Mumbai
rupeeicon

1.71 Cr - 1.81 Cr

bhk2 BHK
carpet-area450 to 477 SqFt
under-constReady Possession
material-nature-people-blackLivability    4/10
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investmentInvestment4/10
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Promesa Adi Darsshan

By Promesa Realty

locationLower Parel, Mumbai
rupeeicon

1.45 Cr

bhk1 BHK
carpet-area396 to 396 SqFt
under-constUnder Construction
material-nature-people-blackLivability    7/10
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investmentInvestment7/10
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SPECIAL OFFER
Avail 25:25:25:25 Payment Plan* | Gold Voucher Worth Rs.1L*

Discounted Deals

Save 1 Lacs
Raheja Modern Vivarea
By K Raheja Corp
Starting 12.9 Cr
Raheja Modern Vivarea
Save 1 Lacs
Kalpataru One
By Kalpataru Group
Starting 30.06 Cr
Kalpataru One

About Properties in Lower Parel, Mumbai for Sale

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  • Lower Parel is one of the prime localities in South Mumbai. 
  • The locality is known as an epitome of modern & convenient living.
  • It is popular for premium residential towers, skyscrapers, & iconic commercial hubs. 
  • It is one of the most preferred real estate localities due to its sound connectivity & excellent social infrastructure.
  • There are a plethora of recreational activities here, offering residents quality leisure.
  • The Pin Code for Lower Parel is 400013.
  • The average cost for property in Lower Parel is ₹ 52,000 per sq.ft. 
  • The price for 1 BHK flat in Lower Parel can range between ₹ 1.38 crore - ₹ 3.6 crore. 
  • The price for 2 BHK flat in Lower Parel can range between ₹ 2.90 crore - ₹ 5 crore. 
  • The price for 3 BHK flat in Lower Parel can cost around ₹ 6.4 crore - ₹ 11.5 crore. 
  • The price for 4 BHK flat in Lower Parel can cost around ₹ 9.5 crore - ₹ 16.50 crore. 
  • The price for 5 BHK flat in Lower Parel is around ₹ 13.20 crore - ₹ 40 crore. 
  • The exact price for the apartments may vary and will depend on the exact location, number of rooms, amenities offered, and developer of the property. 
  • The rental market in Lower Parel thrives due to its exceptional infrastructure, connectivity, & proximity to workplaces. 
  • The monthly rental value for a property in Lower Parel can be anywhere between ₹ 15,000 - ₹ 50,000. 
  • Lower Parel offers some of the elite apartments by reputed Grade A develope
  • Lower Parel Railway Station provides convenient connectivity to the locals.
  • It also has a dedicated Lower Parel Monorail Station that links Lower Parel to Chembur & Wadala. 
  • Major Roadways like the Eastern Express Highway and Bandra - Worli Sea Link provide residents with seamless connectivity to all parts of the city. 
  • Lower Parel is strategically located between Worli, Sewri, Chinchpokali, & Naigaon.
  • It is also seamlessly connected to its nearby localities via Elphinstone Road, Currey Road, Senapati Bapat Marg, & Arthur Road. 
  • Public Transportation like BEST Buses, Taxis, Cabs, etc, are available at good frequency.
  • Shivaji Maharaj International Airport is only 14 minute drive away. 
  • An excellent connectivity of Lower Parel makes it one of the ideal real estate locations for both the homebuyers & the investors.
  • Lower Parel is known for its impressive social infrastructure that allows residents to enjoy easy accessibility to their everyday needs & luxury. 
  • Reputed Medical Facilities, such as TATA Memorial Hospital, Nowrosjee Wadia Maternity Hospital, KEM Hospital, & Global Hospital, are nearby. 
  • Prestigious Educational Institutes in the vicinity are DBS International School, Greenlawns High School, Maharshi Dayanand, & Kamaladevi Gobindram High School.
  • Lower Parel houses Phoenix Palladium, one of the largest shopping malls in Mumbai.
  • The locality consists of various luxury skyscrapers & high-end residential properties such as “Indiabulls Sky”, “The World Towers”, and “ Lodha Park”. 
  • Leading Banks, Shopping Plazas, and Markets are within easy reach of this locality.
  • The brilliant and convenient infrastructure of Lower Parel is one of the major reason that makes this locality, a place of interest for many.
  • Lower Parel houses several Industrial Estates such as A to Z Industrail Estate, Cama Indsutrial Estate, Kewal Industrial Estate, Ideal Industrial Estate, etc. 
  • The locality has many business parks & commercial zones, including Peninsula Corporate Park, One World Center, Business Arcade Tower, Urmi Estate, etc.
  • There are various MNCs also located in and near the Lower Parel locality, boosting employment opportunities for the locals.
  • Important Job Centers such as Worli, Mahalaxmi, & Dadar are within 5-10 km.
  • The Central Business District (CBD) of Bandra Kurla Complex is just 11 km away and can be reached via Senapati Bapat Marg.
  • Lower Parel enjoys easy connectivity to key employment hubs such as BKC, Nariman Point, and Colaba. 
  • Lower Parel has a highly comfortable & luxurious lifestyle. 
  • This locality houses several trendy restaurants and cafes that offer a fine dining experience, making it a desired location for food lovers. 
  • There are several Tourists Attractions in this locality, such as Shree Siddhivinayak Temple, Nehru Science Center, the Piramal Museum of Art, and Shivaji Maharaj Park.
  • Lower Parel has a lively, thriving nightlife. 
  • It houses several trendy clubs, like Kamala Mills, and popular venues like Permit & Co. that hosts music events, dance, & fun. 
  • One can enjoy experiences like Smaaash & Mystery Rooms or a simple late-night drive along the scenic beauty around the locality. 
  • Lower Parel is one of the premium and safest localities in South Mumbai. 
  • Societies, Public places, & other major areas are covered under CCTV surveillance for safety purposes. 
  • Police Patrolling is carried out 24x7 and is heavier at night.
  • The Metro Service, just a km away from the locality, will soon be accessible via the Acharya Atrey Chowk Station on the in-progress Colab - Bandra - Seepz Line. 
  • Aqua Metro Line will soon link Lower Parel to Cuffe Parde through Worli stop.
  • The ongoing Trans-Harbour Link that will be connecting Sewri to Uran aims to offer an easy access to Navi Mumbai.
  • The upcoming Delisle Road Bridge will reduce the traffic congestion in the Lower Parel locality. 
  • The upcoming Mumbai Coastal Road is expected to improve access to Dahisar.
  • There are several other social infrastructures and luxury residential zones in progress.
  • Lower Parel offers a vibrant blend of cultural experiences with several different traditions coming together harmoniously.
  • There are many Religious Places in Lower Parel, including Lower Parle Chi Mauli, Shree Swami Samarth Math, Hanuman Mandir, Buddhist Temples, and Churches. 
  • Some Cultural Communities here include Trumurti Dham Mandir Seva Samiti, Aditya Seva Mandal, etc.
  • Royal Opera House, the historic venue located near Lower Parel, hosts several cultural events, including theatre acts, musical performances, & dance. 
  • Lower Parel is a clean and well-maintained locality with all civic & modern amenities.
  • There are several gardens & parks in the vicinity of the locality, like Balasaheb Thackery Udyan, Bhivaji Rao Nare Park, BMC Park, Linear Park, Parel Baug, etc. 
  • The presence of various green spaces in & around the locality allows the residents to enjoy a relaxing stroll or simply spend some peaceful time in nature.
  • The air quality in Lower Parel is between fair and moderate.
  • Lower Parel offers 2 BHK, 3 BHK, and 4 BHK flat configurations at premium rates. 
  • 3 BHK is the most preferred unit configuration by homebuyers in Lower Parel.
  • Majority of homebuyers prefer property that costs over 1 crore in this locality.
  • Villas, Independent Floors, & Plots are also available here.
  • Lower Parel has witnessed a price appreciation of 16% in the last 3 years. 
  • The increasing demand for housing property and the improving connectivity to employment hubs will lead to an increase in property values in Lower Parel. 
  • The influx of working professionals in the locality and development of more commercial zones will lead to an increase in the rental values as well. 
  • The property rates in the region are expected to witness a significant appreciation once the ongoing infrastructural projects are completed.

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