Parel property rates
Mumbai · price per sq ft and trends · updated September 2026
Homes in new projects in Parel, Mumbai are listed at about ₹33,000 per sq ft in September 2026, which is 8% below the Mumbai median of ₹36,000.
Across the 3 projects we could price, rates run from ₹29,200 at Lodha Venezia to ₹59,900 at Kalpataru Avana.
3 of the 3 projects here are ready to move.
Project-wise rates in Parel
| Project | Developer | Rate per sq ft | Starting price | Status |
|---|---|---|---|---|
| Kalpataru Avana | Kalpataru Group | ₹59,900 | ₹13.62 Cr | Ready to Move |
| Dosti Belleza | Dosti Realty | ₹33,000 | ₹3.42 Cr | Ready to Move |
| Lodha Venezia | Lodha | ₹29,200 | ₹3.87 Cr | Ready to Move |
Flat prices in Parel by BHK
| Configuration | Typical size | Price range | Typical price |
|---|---|---|---|
| 3 BHK | 1,130 sq ft | ₹3.42 Cr – ₹4.99 Cr | ₹3.73 Cr |
| 4 BHK | 2,455 sq ft | ₹7.84 Cr – ₹17 Cr | ₹13.62 Cr |
Parel price trend
We started recording Parel's rate in Sept 2026. A month-by-month trend appears here as new readings are added each month.
How these rates are worked out
Each project's rate is the median of its listed unit prices divided by the unit sizes the developer publishes. The locality and city figure is the median across projects, so one very expensive or very cheap project does not pull the number around. Figures are indicative, rounded to the nearest ₹50 and refreshed as prices change; the reading for September 2026 is saved so the trend builds up month by month.
Developers quote sizes differently: some give carpet area, others super built-up area, so a rate here can differ from what a sales office quotes. They are asking prices from new-project price sheets, not registered sale prices or the government circle rate. Always confirm the current price sheet and the circle rate before you book.
FAQs on Parel property rates
What is the property rate in Parel, Mumbai?
Based on 3 projects listed on IndiProp, the median asking rate in Parel, Mumbai is about ₹33,000 per sq ft as of September 2026.
Is Parel expensive compared with the rest of Mumbai?
Parel's median rate is 8% lower than the Mumbai median of ₹36,000 per sq ft. Localities with similar rates include Borivali East, Vikhroli, Dahisar.
How much does a 3 BHK cost in Parel?
3 BHK homes in Parel are listed from ₹3.42 Cr to ₹4.99 Cr, typically around ₹3.73 Cr.