Lower Parel, Mumbai
Mumbai's converted-mill business and dining district, with towers, offices and Phoenix Palladium.
- ₹200
- Monthly rent per sq ft, indicative
Figures updated November 2026.
Locality snapshot
Lower Parel is the former textile-mill belt turned commercial and residential district. Kamala Mills, Peninsula Business Park and Phoenix Palladium sit here, along with several premium towers.
It is well connected by the Western line, the Aqua Line and the Sea Link.
Suits
- Professionals who work in Lower Parel
- Buyers who want walk-to-work in a business district
- Premium renters
- Investors in central Mumbai





