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Lower Parel Mumbai

Pincode: 400013

Situated in: East Mumbai

Lower Parel Monorail at Singale Master Chowk: A modern transit link enhancing Mumbai's connectivity
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125 Flats for Sale in Lower Parel

34 Flats for Rent in Lower Parel

State: Maharashtra

District: mumbai

Total Area: 0.37 km²

Population: 124100

Population Density: 41809

Overview Properties for Rent Properties for Sale Top Builder Projects Our Services

About Lower Parel, Mumbai

Lower Parel is a neighborhood located in South Mumbai, India. The Lower Parel pin code is 400013. It is closely connected to popular localities like Worli, Elphinstone Road, and Dadar. Its strategic location offers residents and visitors easy access to both the commercial hub of South Mumbai and the suburban areas.

Lower Parel's history is a tale of transformation. Lower Parel was formerly a distinct island, one of Bombay's Seven Islands. Once, it was an industrial district housing textile mills. But now, it has evolved into a thriving commercial and residential hub. The locality has seen a significant shift in the late 20th century when the mills shut down. This paved the way for modern skyscrapers, high-end malls, and commercial complexes.

Lower Parel Mumbai is considered to be holding many working professionals, families, and youths who aspire to be an artist and change the world. The lifestyle combines a lavish environment with the busy feeling that Mumbai is known for. You would be able to find fancy restaurants for dinner, cafes for brunch, and shopping malls. The area also has a lot of art and culture, with art galleries, theaters, and events happening. People can enjoy looking at art or trying different kinds of food worldwide.

Physical Infrastructure in Lower Parel

Lower Parel in Mumbai enjoys a robust physical infrastructure with several key developments. It is well connected to the rest of the city through the Tulsi Pipe Road, NM Joshi Marg, the Mumbai Monorail, and the Western Suburban Railway Line. The upcoming Lower Parel Metro Station on Line 3 (Colaba - Bandra - SEEPZ) will further offer convenient accessibility throughout the city.

The locality benefits from flyovers and underpasses that aid smooth traffic flow. Essential amenities like banks, police stations, and fire stations are strategically positioned to ensure safety and convenience for residents and businesses. You can take the help of the Lower Parel map to navigate the places. Furthermore, this well-planned Lower Parel infrastructure underscores its commitment to modern urban living. This caters to immediate needs and future growth. 

Social and Retail Infrastructure in Lower Parel

Lower Parel offers a wide range of social and retail infrastructure with a plethora of offerings. Some of the famous schools and colleges in Lower Parel include DSB International School, Ganpatrao Kadam Marg BMC School, and Lycée Français International de Mumbai (LFIM). Residents can enjoy renowned healthcare facilities in various hospitals, including Anand Niketan and Siddhachal Hospital, ensuring quality medical care.

The retail landscape is adorned with prominent malls like Phoenix Palladium, Courtyard, and Phoenix Mills, offering an array of shopping, dining, and entertainment options. These landmarks and educational and medical institutions underscore Lower Parel's commitment to providing a holistic urban experience for its residents and visitors.

Real Estate Market Trends and the Rental Demand in Lower Parel

Lower Parel has seen a negative trend in the real estate market. The Lower Parel property rates have decreased steadily in the last few quarters. The price of properties in Lower Parel ranges from ₹1,111 - ₹77,926 per sqft, and the average price in Lower Parel is ₹38,314 per sqft, with an average decrease of 1.01%.

In terms of rental demand, there are over 328+ rental properties available in Lower Parel. The rental rates range from ₹15,000 to ₹4 Lac with an average rate of ₹1 Lac, having an increasing rate of 35.3%. The demand for properties in Lower Parel is high due to its proximity to major commercial hubs, good social infrastructure, and availability of premium properties. 

Top Employment hub near Lower Parel

Lower Parel stands as a bustling employment hub, hosting a range of prominent workplaces that attract professionals from various sectors. The locality's strategic location and improved infrastructure make it an ideal choice for employers and employees. Some other noteworthy employment hubs near Lower Parel include:

  • Peninsula Corporate Park- 25m
  • Bussa Industrial Estate-1.7km
  • Dhana Laxmi Industrial Estate-500m
  • Fulchand export Creative Industrial Estate-4.1km
  • Shah And Nahar Industrial Estate-750m
  • Victoria House-1.4km

What are Some Popular Sub-Localities in Lower Parel?

Lower Parel Mumbai radiates its vibrancy to neighboring sub-localities, each offering a unique flavor of urban living. Several sought-after areas include:

  • BDD Chawls
  • Kishav Ravkhadhi Road
  • Railway Colony
  • Shankar Rao Naram Path
  • N M Joshi Marg
  • Nagin Nagar Chawl
  • Sitaram Jadhav Marg
  • Upper Worli
  • Ganpatrao Kadam Marg
  • Senapati Bapat Marg

Things to do in Lower Parel

Lower Parel offers many activities to indulge in, catering to diverse interests. Some top landmarks and things to do in Lower Parel include:

Shopping 

Lower Parel presents various options, from high-end retail therapy at Phoenix Palladium, Courtyard, and Phoenix Mills to vibrant shopping experiences in nearby markets.

Nightlife

The area comes alive after dusk, with chic bars, clubs, and lounges dotting the landscape, providing a vibrant nightlife experience. You can visit Lord of the Drinks Worli for a superb experience.

Cuisine 

Embark on a culinary journey with local street food, fine dining restaurants, and cosy cafes that offer a myriad of flavors reflecting Mumbai's eclectic palate. You can visit The Bombay Canteen, Jai Hind Lunch Home and Farzi Cafe.

Art Galleries 

Explore galleries like the Tulika Arts Gallery and Colaba art gallery. 

Amusement Parks 

Enjoy at SMAAASH UTOPIA CITY with your children and friends.

Places of Worship

Seek spiritual solace at renowned places like Selah Church and Hanuman Mandir.

These are some of the popular landmarks in Lower Parel.

Conclusion

Lower Parel shines as a vibrant nucleus within the bustling city of Mumbai. The locality's strategic location offers seamless connectivity to various employment hubs, educational institutions, and cultural landmarks. Its dynamic evolution from an industrial district to a thriving commercial and residential hub showcases its adaptability and modernity.

What’s Good about Lower Parel 

Here are some of the things that make Lower Parel a great place to live or visit:

  • Architectural Marvels: The juxtaposition of historical landmarks and modern skyscrapers creates an architectural kaleidoscope.
  • Culinary Sojourn: From street food stalls offering local delights to high-end eateries, Lower Parel is a gastronomic haven.
  • Innovative Spaces: It exemplifies a transformation from mills to creative spaces, nurturing startups and artistic ventures.
  • Entertainment Symphony: Art galleries, concert venues, and theaters offer a symphony of cultural experiences.
  • Holistic Lifestyle: Urban parks, yoga studios, and wellness centers cater to both body and mind.

What’s not Great about Lower Parel

However, there are also some challenges that Lower Parel faces:

  • Traffic Management: The thriving commercial landscape can lead to traffic bottlenecks, necessitating improved infrastructure.
  • Green Oasis: A greater allocation of green spaces would be an oasis amid the urban hustle.
  • Sustainable Practices: Encouraging eco-friendly initiatives and waste management systems can mitigate environmental concerns.
  • Community Engagement: Enhancing neighborhood interactions can foster a tighter-knit sense of community.\
  • Accessible Public Transport: Expanding public transportation networks could alleviate traffic congestion.
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Properties for rent in Lower Parel, Mumbai

1 BHK Shree Niwa...

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₹ 26000

1 RK Vaishnav S...

Lower Parel

₹ 18000

1 BHK Shramik Ek...

Worli

₹ 0

2 BHK SB

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₹ 40000

1 RK Athashree ...

Lower Parel

₹ 27000

1 RK shiv Shakt...

Chinchpokli West

₹ 22000

1 RK Laxmi Sada...

Lower Parel

₹ 25000

1 BHK Vardhaman ...

Lower Parel Station

₹ 60000

1 RK Manik Co O...

Lower Parel

₹ 25000

1 RK Tapovan C ...

Tapovan C, Senapati Bapat Marg...

₹ 18000

1 RK Shree Gane...

XRWJ+PM5, Delisle Rd, BDD Chaw...

₹ 28500

1 RK Independen...

Lower Parel

₹ 40000

1 RK Chinchpokl...

Worli

₹ 11000

1 BHK siddivinay...

Lower Parel

₹ 40000

1 RK Manik Chs ...

Lower Parel

₹ 25000

1 BHK Neumec Ele...

Lower Parel

₹ 80000

4 BHK Lodha The ...

Lower Parel

₹ 675000

1 RK Independen...

Lower Parel West, Lower Parel

₹ 7000

1 BHK Lodha The ...

World Tower, 18, Lower Parel, ...

₹ 21000

1 RK Sanskruti ...

Veer Santaji Lane

₹ 38000

1 RK Elizabeth ...

Elphinstone

₹ 28000

Properties for sale in Lower Parel, Mumbai

1 RK Sarang Bui...

Lower Parel,

₹ 9000000

1 BHK Omkar Sai

Lower Parel

₹ 11500000

3 BHK Marathon N...

Lower Parel

₹ 65000000

3 BHK Subodh Run...

Mahalakshmi

₹ 52100000

2 BHK Subodh Run...

Mahalakshmi

₹ 34400000

1 BHK Greenfield...

Lower Parel East

₹ 16900000

1 BHK Green Fiel...

Lower Parel

₹ 19800000

4+ BHK Lodha Park

Worli

₹ 117857142

4 BHK Lodha Park

Worli

₹ 103571428

3 BHK Lodha The ...

Worli

₹ 102678571

4 BHK Lodha The ...

Worli

₹ 104910714

2 BHK Lodha Vist...

Lower Parel

₹ 40178571

3 BHK Lodha Adri...

Worli

₹ 70000000

3 BHK Birla Niya...

Worli

₹ 81600000

2 BHK Birla Niya...

Worli

₹ 61000000

3 BHK Lodha Worl...

Worli

₹ 140000000

1 RK patel buil...

Parel

₹ 8500000

3 BHK Lodha Trum...

Lower Parel

₹ 110000000

2 BHK Orbit Terr...

Lower Parel

₹ 18000000

2 BHK SB

Lower Parel

₹ 18500000

2 BHK Rohan Amba...

lifescape amber

₹ 23500000

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Have Questions about
Lower Parel properties

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FAQs

How far is Lower Parel from the airport?

Lower Parel is situated around 8 to 10 kilometers (about 9.3 to 11.2 miles) away from Chhatrapati Shivaji Maharaj International Airport in Mumbai, depending on the specific route taken.

How far is Lower Parel from the railway station?

Lower Parel is located approximately 2 kilometers (about 0.93 miles) away from the nearest railway station, which is Mumbai's Lower Parel railway station.

Is Lower Parel a costly area?

Yes, Lower Parel is a costly area as it has people with expensive lifestyles and affluent nature. The real estate value for the same is high.

Why is Lower Parel famous?

Lower Parel is famous for its transformation from a former industrial area to a thriving commercial and entertainment hub in Mumbai, India. It's known for its upscale shopping malls, trendy restaurants, and vibrant nightlife, making it a popular destination for both locals and tourists.