This guide will help you decide on the finest and cheapest areas and the facilities and amenities available at each location. So, sit back, relax, and read on to learn more about the best place to live in Mumbai!
1. Bandra
Bandra, located in the upscale coastal suburb, is exceptionally famous for all the right reasons. The area is filled with many nightclubs, global restaurants, and cafes and is also home to Bollywood celebrities like Shah Rukh Khan, Salman Khan, and many more, which makes it one of the best places to live in Mumbai.
The world’s most expensive house, Antilla is located in Pali Hill, Bandra. Not only that, the area has two very famous street shopping sites, Hill Road and Linking Road, for all the street shopping lovers.
The popular hangout spot of the city, Bandstand which is a 1.2 Kilometre long walkway along the sea is also located here. If you have your college or office in Bandra, Kurla, Khar, Mahim or nearby areas then, you can look out to stay here. But, get ready to spend a little extra on rent.
| Bandra | Bandra (E) Rental Rates | Bandra (W) Rental Rates |
|---|---|---|
| Paying Guest (PG) | 10,000 – 15,000 | 15,000 – 25,000 |
| 1 BHK | 25,000 – 35,000 | 45,000 – 50,000 |
| 2 BHK | 40,000 – 65,000 | 65,000 – 80,000 |
| 3 BHK | 50,000 – 90,000 | 90, 000 – 1 Lac + |
2. Powai
Powai is another residential Mumbai neighborhood, situated on the banks of Powai Lake. If you want to escape from the city rush, Powai is where you should head to calm yourself at the Powai Nirvana Lake, which has a fantastic view filled with mountains, and the view of the lake at the time of sunset is breathtaking. The famous Indian Institute of Technology (IIT) Bombay and many more colleges, such as SDA Bocconi, IBS Powai, and Athena School of Management, reside here.
The Powai area is very spacious and also has an adventure park “Hakone” that has all the fun and adventurous things to do for a little getaway. The Hiranandani buildings which cover most of Powai, give a very modern look to this place. You can easily rent out a flat or look for PG in and around Powai.
| Powai | Powai Rental Rates |
|---|---|
| Paying Guest (PG) | 10,000 – 15,000 |
| 1BHK | 35,000-45,000 |
| 2 BHK | 45,000 – 60,000 |
| 3 BHK | 75,000-90,000 |
3. Juhu
Juhu is one place every Indian is familiar with and the best area to live in in Mumbai. Very famous for its beach and street food, this place gets a lot of tourist attractions. Besides beaches, Juhu has many cute cafes, hangout places, and nightclubs. Enjoying a fantastic beach view while chilling on your sofa is a dream come true for many.
It is also home to Bollywood Celebrities like Amitabh Bachchan, Govinda, Raveena Tandon and many more. The famous ISKCON temple is also situated in Juhu. If you are working or studying nearby, you can look for a PG or rent out a flat in Vile Parle which is cheaper than Juhu.
| Powai | Powai Rental Rates |
|---|---|
| Juhu | Juhu Rental Rates |
| Paying Guest (PG) | 15,000 – 25,000 |
| 1BHK | 30,000 – 60,000 |
| 2 BHK | 50,000 – 80,000 |
| 3 BHK | 1 lac – 1.5 lac |
Check Out –PG near Juhu
4. Worli
Worli serves as one of the best areas in Mumbai to live. Worli, situated in South Bombay, connects to Bandra through a Sea link known as the Bandra-Worli Sea Link. The Bandra-Worli Sea link tempts everybody with its beautiful views of the sea and the Worli skyline. Worli is also blessed with many Skyscrapers, making it a top area in Mumbai to stay in plush surroundings.
Popular tourist spots like Haji Ali Dargah and Worli Fort attract so many people that every year the number of visitors increase in heavy numbers. The area also has various restaurants and has a lot of commercial complexes. Finding a home in Worli is very expensive. You can choose to live in nearby areas if Worli is not in your budget.
| Worli | Worli Rental Rates |
|---|---|
| Paying Guest (PG) | 20,000 – 25,000 |
| 1BHK | 40,000 – 60,000 |
| 2 BHK | 60,000 – 90,000 |
| 3 BHK | 1 lac – 1.5 lac |
Check Out –PG near Worli
5. Vile Parle
Vile Parle is one of the busiest residential areas in Mumbai. Vile Parle is very well known because Chhatrapati Shivaji Maharaj Airport is situated there and has a New Museum showcasing contemporary Indian Art. Vile Parle is not only known for the airport, but the area also consists of well-known colleges and is connected to major parts of the city that keep the place busy.
It has colleges such as NMIMS, Mithibai, and Podar World College. Street Markets like Agarwal markets are also well known for selling homewares and bargain fashion. You will also find many good hotels in Vile Parle due to its proximity to the Airport, and it is one of the safest areas in Mumbai.
| Vile Parle | Vile Parle (E) Rental Rates | Vile Parle (W) Rental Rates |
|---|---|---|
| Paying Guest (PG) | 15,000 – 25,000 | 15,000 – 25,000 |
| 1BHK | 35,000-55,000 | 35,000-55,000 |
| 2 BHK | 50,000 – 70,000 | 50,000 – 70,000 |
| 3 BHK | 90000- 1Lac + | 90000- 1Lac + |
Check out PG in –Vile Parel (W)
6. Andheri
Andheri is known for its premium real estate location, as it includes posh areas such as Lokhandwala and Versova, which is home to many celebrities. The demand for this area in the recent past has increased to new levels because of the busy commercial markets, places for the youngsters to hang out and because of its connectivity to major parts of the city.
The area is also home to some of the biggest entertainment production houses like Yashraj Studios, Balaji Telefilms, etc. Along with Bollywood, Andheri has a lot of commercial spaces, making it an excellent choice amongst Mumbai places to live.
You can look out to rent a place in Andheri East which is cheaper than Andheri West in case budget is a constraint. Andheri, will definitely not disappoint you due to various available options in terms of entertainment, jobs and food.
| Andheri | Andheri (E) Rental Rates | Andheri (W) Rental Rates |
|---|---|---|
| Paying Guest (PG) | 8,000 – 14,000 | 15,000 – 20,000 |
| 1BHK | 15,000-25,000 | 20,000-35,000 |
| 2 BHK | 27,000 – 40,000 | 37,000 – 55,000 |
| 3 BHK | 35,000 – 60,000 | 45,000 – 90,000 |
Check Out –PG in Andheri
7. Dadar
Dadar is a highly-populated area and is a very prominent and crowded place. Dadar is the first planned area of Mumbai. It has a huge wholesale shopping market for clothes and flowers. It is one of the best localities in Mumbai to live in.
The very grand and well known Siddhivinayak Temple is also located here. The famous flower market of Dadar is bustling with people and is a treat to watch in the mornings. Dadar is well connected to the central and western suburbs. By living here you can enjoy the best of both worlds. But, property rates for sure will burn a hole in your pocket.
| Dadar | Dadar Rental Rates |
|---|---|
| Paying Guest (PG) | 15,000-20,000 |
| 1BHK | 40,000 – 60,000 |
| 2 BHK | 60,000 – 90,000 |
| 3 BHK | 1 lac – 1.5 lac |
Check Out –PG near Dadar
8. Parel/Lower Parel
Parel and Lower Parel don’t have much distance between them. It is known for both commercial and residential places in Mumbai.
It has some of the topmost residential complexes of the city and also lots of commercial complexes including the Kamala Mills. It is one of the posh areas of Mumbai and is also considered amongst the safe areas of the city.
| Parel | 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 |
| 2 BHK | 55,000 – 45,000 | 45,000 – 75,000 |
| 3 BHK | 45,000 – 55,000 | 60,000 – 1 Lac |
9. Colaba
Colaba, known for its sea-facing tea lounges and the iconic Taj Mahal Palace Hotel, has much to offer. The very famous Colaba Causeway is known for shopping and is the first reason why Colaba Causeway is famous, the next being food! From cheap street clothes to fashionable boutiques, this lane, which houses old buildings from the British Raj, has it all. The Iranian cafes are trendy here, and the area is considered really posh. If you own a home here, you are probably wealthy. It is one of the most expensive places to stay in Mumbai.
Check Out –PG near Colaba
10. Kurla
Kurla is a neighborhood of East Mumbai and is centrally located. The area has excellent real estate value, and the transport is affordable and convenient, making it a perfect Mumbai residential area.
Phoenix Market City, considered as one of the largest malls in the city has all sorts of brands available. Kurla provides easy connectivity to the Bandra-Kurla Complex, the prominent commercial hub.
| Kurla (W) | Kurla (W) Rental Rates |
|---|---|
| Paying Guest (PG) | 12,000-20,000 |
| 1BHK | 25,000 – 35,000 |
| 2 BHK | 37,000 – 55,000 |
| 3 BHK | 45,000 – 95,000 |
Check Out –PG near Kurla
11. Malad
Malad is a suburb located in North Mumbai. It is considered one of the best places to live in Mumbai for students for its cheaper rates on rent. The easy availability of transportation is one of the best parts of this area. It is well connected to other suburbs, such as Kandivali and Goregaon, in the Western line.
All the essential places such as supermarkets, hotels, hospitals, shops etc are found in the area. The Infiniti Mall, which has high-end brands comes to the rescue of shoppers.
| Malad | Malad (E) Rental Rates | Malad (W) Rental Rates |
|---|---|---|
| Paying Guest (PG) | 7000-15000 | 8,000 – 19,000 |
| 1BHK | 22000-30000 | 25000-35000 |
| 2 BHK | 35000-50000 | 40000-55000 |
| 3 BHK | 55000-70000 | 60000-75000 |
Check out –PG in Malad
12. Churchgate
One of the prominent locations of South Bombay, Churchgate is famous for its railway station. It is also known as Veer Nariman Street and known for the 300-year-old St. Thomas Church. It is home to many business and bank organisations and has always attracted tourists for having the oldest buildings from history, and also because many films were shot in the area.
Renting a property in Churchgate can be tough due to high rental rates. Churchgate also has many famous colleges such as Xaviers, Sophia, JBIMS, HR and KC nearby.
Conclusion
To summarise, in order to choose the best area to live you will have to consider multiple factors as there is no one area for all. You can also explore staying in Thane or Navi Mumbai as these are cheaper locations, compared to Mumbai
If you want to know the cost of living in Mumbai check out ourblog
FAQs
Which are the cheapest areas to live in and around Mumbai?
● Thane ● Dombivli ● Kalyan ● Bhandup ● Kurla (E) ● Jogeshwari(E) ● Vasai ● Airoli ● Vashi
Which are the posh areas to live in Mumbai?
● Worli ● Walkeshwar ● Mahalaxmi ● Churchgate ● Cuffe Parade ● Malabar Hill ● Napeansea Road ● Bandra (W) ● Powai Hiranandani
Which are the best areas to live in Mumbai for college students?
● Powai ● Andheri ● Parel ● Vile Parle ● Matunga ● Malad ● Thane
