Which is the cheapest place to live in Mumbai?

Which is the most cheapest area in Mumbai?

Malad is regarded as the cheapest residential area to live in Mumbai. Burgeoning demand for household hubs and good accommodations for the upper-class and middle-class population has been soaring. Malad connects with other major locations by SV Road, Link Road, and NH-8 Ferry.

Which area is cheapest to buy a house in Mumbai?

The Top Five Locations for Buying Affordable Property in Mumbai

  • Mira Road. Middle-class property buyers looking for relatively affordable housing need not look beyond Mira Road-Bhayander. …
  • Ulwe. …
  • Kharghar. …
  • Badlapur. …
  • Vasai-Virar.

Which is the best area to live in Mumbai?

7 Best Places to Live in Mumbai for Families on Rent

  • Best Areas to Live in Mmbai for Families.
  • Colaba- Cuffe Parade.
  • Worli- Lower Parel.
  • Dadar-Matunga-Parel.
  • Juhu.
  • Powai.
  • Ghatkopar East.
  • Borivali.

What should be the minimum salary to live in Mumbai?

What should be the minimum salary to live in Mumbai? Depending upon the lifestyle, the average salary should be Rs 40,000 per month.

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Is 30000 a good salary in Mumbai?

5000-12000 per month in areas like Navi Mumbai, Thane, etc. to as high as Rs. 30000-50000 in areas like South Mumbai, Juhu, etc. … For couples or families moving to Mumbai, a decent sized 1 Bhk in such areas can cost you somewhere around Rs. 8000-Rs 15000.

Which is the safest area in Mumbai?

Here are our picks for the most inviting neighborhoods of Mumbai.

  1. Bandra Bandstand. Bandra is one of the most happening suburbs in the city and the bandstand area is home to the rich and famous. …
  2. Malabar Hill. …
  3. Altamount Road. …
  4. Hiranandani, Powai. …
  5. JVPD Scheme. …
  6. Pali Hill, Bandra. …
  7. Worli Sea Face. …
  8. Seven Bungalows, Versova.

Which is the richest area in Mumbai?

1. Malabar Hill. Malabar Hill is not just Mumbai’s but India’s most exclusive residential address, where most of the residents are billionaires and millionaires. Apart from luxurious condos and penthouses, the hillock area also has few marquee properties priced at Rs 300 crores and above.

How expensive is land in Mumbai?

Top localities in Mumbai include Dadar East where prices are Rs 31,000 per sq ft on an average followed by Matunga at Rs 29,900 per sq ft, Dadar West with average property rate at Rs 34,600 per sq ft and Bandra East where you can opt for a property for an average rate of Rs 28,335 per sq ft.

Which is the most expensive place in Mumbai?

However, Malabar Hill, Cuffe Parade, Juhu Bandra and Worli are the most expensive localities in Mumbai, with property prices hovering at Rs 30,000-60,000 per sq ft. Let us look at the factors propelling the real estate values in these areas.

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Is Malabar Hill posh area?

Malabar Hill (ISO: Malabār Hill [mələbaːɾ]) is a hillock and upmarket residential neighbourhood in South Mumbai, Maharashtra, India. Malabar Hill is the most exclusive residential area in Mumbai. It is home to several business tycoons and film personalities.

Malabar Hill
Civic agency BMC

Why is South Bombay so expensive?

A combination of factors such as distance from the prime South city centres to the suburbs, coupled with lack of robust infrastructure connecting these places, has led to prices surging in the prime city centres and the immediate peripheries such as Prime North (Bandra-Juhu) and South Central (Byculla-Chembur).

Is Andheri West Expensive?

Property prices in Andheri West are around Rs 23,200 per sq ft. … Precisely, property values in Andheri West are significantly higher as compared to Andheri East. The prices for luxury developments in Andheri East start at Rs 2 crore and may go up to Rs 6 crore.