Rental Flats Available For Rs. 10,000 Per Month In Mumbai
In an expensive city like Mumbai, it is difficult to find apartments with low rental values. However, there are certain areas in Mumbai such as Kalyan, Andheri East (1 RK studio apartments) and Mira Road that offer apartments for a monthly rental as low as Rs. 10,000.
Kalyan
Kalyan is a rapidly growing suburb in Thane. It is also Mumbai’s entry and exit station to North as well as South India. It has excellent connectivity to other parts of Mumbai as well as Navi Mumbai. The area has municipality (KDMT) run bus services. Apart from the local bus service, there are NMMT buses that run between Kalyan and Vashi. Kalyan railway station is one of the busiest railway stations in India and handles most of the rail traffic in Mumbai.
Kalyan has a very good social infrastructure such as schools and colleges, hospitals, entertainment and recreation facilities, public parks and playgrounds. The locality also has a good water and power supply.
Most rental apartments available in Kalyan are 1 and 2 BHK apartments. The size of 1 BHK apartments is usually between 600-650 sq.ft while the size of a 2 BHK apartment is between 850-1,000 sq.ft. While the rentals of a 1 BHK apartment is between Rs.5,500-6,000 per month, it is between Rs. 9,000-10,000 per month for a 2 BHK apartment.
Mira Road
Mira Road is another developing locality in Mumbai’s western suburbs and is governed by the Mira-Bhayander Municipal Corporation. The area has an easy connectivity to Mumbai as the railway station lies on the western line of Mumbai suburban railway. There are BEST bus services which also serve as mass transport system. Mira road is one of the fastest growing areas in Mumbai and has good social amenities.
The area offers both old and new constructions within a rental budget of Rs. 10,000 per month. However, most of the properties available within this budget are 1 BHK apartments. The size of older constructions are usually between 530-550 sq.ft whereas the size of new constructions are between 630-650 sq.ft. The demand for these properties is mostly driven by junior and middle level executives looking for affordable rental properties.
Andheri East
Andheri East is the eastern part of Andheri, a Mumbai suburb. While Andheri West is considered expensive, its eastern counterpart is relatively cheaper. Nonetheless, the area is witnessing rapid growth due to its easy and fast connectivity to the rest of Mumbai as well as business hubs such as Bandra Kurla Complex (BKC) and Lower Parel via Western Express Highway (WEH). It also has the SEEPZ industrial area. The area also has excellent social amenities.
Inspite of these facilities and rising property prices, the area still offers rental properties within the range of Rs. 10,000 per month. Most of the properties available in this range include 1 RK (1 room+kitchen) and studio apartments with an average size of 250-300 sq.ft. The average monthly rental for these properties are Rs. 9,000-10,000.
For people who are looking for affordable rental properties in Mumbai, these three localities prove to be good options worth considering.