Moving into a new city, especially in metro cities like New Delhi, the capital city of India or the financial capital of the country, Mumbai, can be a daunting task. Going by the growth in the number of migrants moving in because of their work, Mumbai has, over the years, gradually become the most preferred destination. Mumbai is one of those cosmopolitan cities in India that has accepted the inflow of people with open arms and has given a feeling of experiencing a lifestyle that helps in building confidence in a person and learn to live despite difficulties bogging you down at times. Thousands visit this city, in order to make it big in their lives! For them to maintain a good lifestyle and a decent place to stay, presenting you the best areas to live in Mumbai. Activities and events happening at some place or another on a daily basis, an amazing nightlife, and the true Mumbaikar spirit prevalent amongst the people staying here, make this city worth living, in all aspects!
One of the key problems that many ex-pats struggle with is finding a place to stay that is affordable and convenient. Convenience factors such as availability of healthcare, educational institutes, and shopping centers along with close proximity to the workplace are some of the factors that are taken into high consideration while choosing the preferred locality of residence.
Below is a list of the best areas to live in Mumbai based on transport availability, lifestyle, safety, and affordability:
- South Mumbai
- Navi Mumbai
- Parel / Lower Parel
Touted as the Queen of Suburbs, this area is one of the favorites amongst the locals as well as expats, Bandra has all kinds of amenities present in its locality. Starting from the premier schools, restaurants, wellness clubs, market areas, etc., Bandra has almost everything that one needs in his or her locality. It is easier to get a PG accommodation in Bandra or shared accommodation but the rentals may be higher in comparison to the other areas.
|Bandra Property Rates||Bandra (E) Rental Rates||Bandra (W) Rental Rates|
|Paying Guest (PG)||10,000 – 15,000||12,000 – 25,000|
|1BHK||25,000 – 35,000||40,000 – 50,000|
|2BHK||40,000 – 65,000||55,000 – 80,000|
|3BHK||50,000 – 90,000||90, 000 – 1 Lac +|
This is probably the most populated zone in the city and the most preferred one too. Due to the cheaper accommodation rates, availability of amenities and proximity to office and transportation hubs (local railway stations and bus stops) along with schools, colleges, and local shopping areas, Andheri is the busiest ever suburb in Mumbai. Getting PG accommodation in this locality is very easy, even if it is for a short-term stay.
|Andheri Property Rates||Andheri (E) Rental Rates||Andheri (W) Rental Rates|
|Paying Guest (PG)||8,000 – 14,000||12,000 – 20,000|
|1BHK||15,000 – 25,000||20,000 – 35,000|
|2BHK||27,000 – 40,000||37,000 – 55,000|
|3BHK||35,000 – 60,000||45,000 – 90,000|
3. South Bombay
Another major residential hub in Mumbai. In words of true-blue Mumbaikars, South Bombay is the real Bombay, rest all its suburbs. South Bombay does have a Victorian feel to it which makes it worth paying big bucks. It is definitely one of the most expensive real estate markets not just in India, but globally as well. Fondly known as ‘Town’, South Bombay comprise of posh areas like Cuffe Parade, Napean Sea Road, Peddar Road that are known worldwide for their unbelievable property rates. South Mumbai is a favorite amongst the extremely affluent individuals who are ready to spend a fortune to own a house in this area. South Bombay is among the best areas to live in Mumbai.
|South Mumbai Property Rates||South Mumbai Rental Rates|
|Paying Guest (PG)||8,000 – 20,000|
|1RK||15,000 – 25,000|
|1BHK||25,000 – 50,000|
|2BHK||35,000 – 75,000|
|3BHK||60,000 – 1 lac +|
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This is not the busiest but the most affluent suburbs in Mumbai. The Juhu Beach and the line of residential properties owned by the celebrities make this area suitable for expats who enjoy a similar kind of lifestyle. Like other areas, schools, restaurants and market areas are available for people to ensure a convenient stay.
|Juhu Property Rates||Juhu Rental Rates|
|Paying Guest (PG)||15,000 – 25,000|
|1BHK||30,000 – 60,000|
|2BHK||50,000 – 80,000|
|3BHK||1 lac – 1.5 lac|
5. Navi Mumbai
Navi Mumbai is planned township developed by CIDCO. Navi Mumbai and Vashi have seen tremendous growth in terms of infrastructure and blooming residential societies. Soon Navi Mumbai would have its own airport which would only make it more accessible to other cities.
|Navi Mumbai Property Rates||Navi Mumbai Rental Rates|
|Paying Guest (PG)||4,000 – 7,000|
|1BHK||6,000 – 12,000|
|2BHK||13,000 – 18,000|
|3BHK||15,000 – 27,000|
Goregaon with property rates touching new highs every day, Goregaon is one such place which offers affordable housing to many. Good connectivity to other parts of Mumbai through the Link road and the Western Express Highway, concretization of roads and various factors make Goregaon a key residential area of Mumbai.
|Goregaon Property Rates||Goregaon (E) Rental Rates||Goregaon (W) Rental Rates|
|Paying Guest (PG)||4,000 – 7,000||8,000 – 19,000|
|1BHK||7,000 – 13,000||12,000 – 22,000|
|2BHK||15,000 – 27,000||25,000 – 40,000|
|3BHK||30,000 – 50,000||45,000 – 75,000|
7. Parel / Lower Parel
As they say in Mumbai, Lower Parel is just a stone’s throw away from the posh Worli area. The USP of this area is that in the last decade or so, it has seen top-notch builders taking projects in an attempt to change the city’s skyline. With various companies having their franchisee offices set up in Lower Parel, and affordable exclusive housing prominent here, it is a real estate market bubble just waiting to burst!
|Parel Property Rates||Parel Rental Rates||Lower Parel Rental Rates|
|Paying Guest (PG)||8,000 – 13,000||8,000 – 19,000|
|1BHK||20,000 – 30,000||30,000 – 50,000|
|2BHK||55,000 – 45,000||45,000 – 75,000|
|3BHK||55,000 – 45,000||60,000 – 1 Lac|
Check Out: Affordable PG in Parel
To get good accommodation in Mumbai can and is rewarding but it takes a toll on an individual’s mental strength. Thousands of individuals have admitted that living in Mumbai is like sailing in a sea of humans. Be that as it may, Mumbai still manages to attract countless people every year, such is the charm of the city of dreams.
FAQs About Places to Live in Mumbai
1. What are the Best places to live in Mumbai for a middle-class family?
Here are some areas Borivali, Dahisar, Goregaon, Jogeshwari, Kandivali, Malad, Vasai, Virar, Ghatkopar, Kurla, Vikhroli, Chembur, Vashi, Sanpada, Dadar and Thane.
2. Which is the Best areas to live in Mumbai?
Bandra, Andheri, South Mumbai, Juhu, Navi Mumbai, Goregaon, Parel / Lower Parel, Mahim, Jogeshwari, Matunga, Kharghar, Vashi.
3. Which is the Cheapest places in Mumbai to stay?
There are no cheaper places in Mumbai, even 1 RK will cost more than Rs.10,000/- rent. You can try areas like:-Vasai, Thane, Airoli, Bandra East, Kurla East, Sandhurst Road, Jogeshwari East, Bhandup, Nerul, Mumbra, Mankhurd, Belapur, Dombivali, Kalyan.
4. What are the best/posh areas to live in Mumbai?
Marine Drive, Walkeshwar, Mahalaxmi, Prabhadevi, Breach Candy, Cuffe Parade, Kemps Corner, Worli, Bandra West, Lokhandwala, Juhu, Hiranandani, Powai, Colaba
5. What areas come under South Mumbai?
Agripada, Altamount Road, Bhuleshwar, Breach Candy, Churchgate, Cotton Green, Cuffe Parade, Cumbala Hill, Currey Road, Dhobitalao, Dongri, Kala Ghoda, Kemps Corner, Lalbaug, Lower Parel, Mahalaxmi, Mahim, Malabar Hill, Marine Drive, Mumbai, Marine Lines, Mumbai Central, Nariman Point, Prabhadevi, Sion, Walkeshwar, Worli and CST
6. What is the Cost of living in Mumbai?
Below is the average monthly expenses cost including house rent for a minimum 1 BHK.
Bachelors (Sharing Basis): ₹20,000 – ₹25,000 Approx, Couples: ₹25,000 – ₹45,000 Approx and for Family (1Kid): ₹30,000 – ₹50,000 Approx
If you are looking for the best accommodation in Mumbai, do check out our below properties in Mumbai.