Lower Parel & Worli (prime, ~₹290/sqft/mo · ≈ $41.8 PSF/yr USD) is one of 4 Mumbai Class A submarkets we track.
Lower Parel & Worli (prime, ~₹290/sqft/mo · ≈ $41.8 PSF/yr USD) is one of 4 Mumbai Class A submarkets we track.
**Bandra-Kurla Complex (BKC)** (trophy, ₹380/sqft/mo · ≈ $54.7 PSF/yr USD) — Mumbai's purpose-built financial district. **Nariman Point & Fort** (established, ₹250/sqft/mo · ≈ $36 PSF/yr USD) — The historic CBD. **Powai** (established, $38/sqft/yr) — Eastern tech and education-anchored cluster.
| city | Mumbai |
|---|---|
| submarket | Lower Parel & Worli |
| tier | prime |
| averageRentLocal | ₹290/sqft/mo · ≈ $41.8 PSF/yr USD |
| cityClassARentUsd | $46/sqft/yr |
| cityVacancyPct | 12.6% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.