6 Most affordable places to live in Mumbai
Mumbai, the “City of Dreams,” is renowned for its bustling streets and iconic landmarks. However, living in this vibrant metropolis can sometimes be financially challenging. As the cost of living continues to rise, finding affordable places to reside becomes a priority for many people. Let’s explore the seven most affordable places to live in Mumbai, where you can strike a balance between comfort and budget.
1. Borivali
Nestled in the northern suburbs of Mumbai, Borivali is a breath of fresh air. With a mix of recreational spots, jogging trails, and even a mini zoo, Borivali offers a unique blend of nature and city life.
Cost of living
Borivali is a well-established suburb with relatively higher housing costs. Rental rates and real estate prices tend to be on the higher side. Living costs, including dining out and groceries, are moderate.
| Locality | Type of asset | Property Prices in INR | |||
|---|---|---|---|---|---|
| Sale | 1BHK Rent | 2BHK Rent | 3BHK Rent | ||
| Borivali | Residential House | 13000 – 17500 per sqft | 15000 – 30000 | 35000 – 60000 | 50000- 80000 |
| Apartment | 6500 – 11000 per sqft | ||||
Cultural Hub
Borivali is not just about greenery; it’s a cultural hub as well. The neighborhood hosts various cultural events, theaters, and art exhibitions, making it a vibrant space for artists and enthusiasts. The presence of historical landmarks like Kanheri Caves adds a touch of antiquity to this modern suburb.
Connectivity
Borivali is well-connected with good transportation options. Getting around is convenient whether you prefer trains, buses, or even your own vehicle. Think of it as a place to easily reach other parts of the city.
Family-Friendly Vibe
Known for its family-friendly atmosphere, Borivali is dotted with schools, colleges, and healthcare facilities. The residential pockets exude a sense of community, making it an ideal place for families.
2. Dombivli
Heading northeast, we reach Dombivli, a suburb that has been rapidly evolving. Dombivli strikes a balance between affordability and convenience. The housing market ranges from traditional to contemporary, catering to diverse preferences.
Cost of living
Dombivli is known for its affordability, making it a budget-friendly choice for renting and buying properties. The living costs, including utilities and dining out, are generally on the lower side.
| Locality | Type of asset | Property prices in INR | |||
|---|---|---|---|---|---|
| Sale | 1BHK Rent | 2BHK Rent | 3BHK Rent | ||
| Dombivli | Residential House | 10000 – 13500 per sqft | 12000 – 20000 | 18000 – 30000 | 25000- 40000 |
| Apartment | 5500 – 8000 per sqft | ||||
Educational Hub
Dombivli is a budding educational hub. The presence of schools and colleges, coupled with easy access to Mumbai via local trains, makes it an attractive choice for students and families alike. The neighborhood is witnessing growth not just in housing but also in educational infrastructure.
Local Markets and Shopping
Dombivli has its share of local markets and shopping areas where residents can find a variety of goods and services. These markets offer a range of products, from fresh goods to clothing and household items.
Cultural Fusion
Dombivli’s cultural scene is a vibrant fusion of traditional and modern influences. Festivals are celebrated with zeal, and local markets showcase the diversity of the community. The neighborhood is evolving where culture thrives alongside urban development.
3. Badlapur
If you keep going northeast, you’ll reach Badlapur, a calm and quiet place far from the hustle and bustle of the city. It’s surrounded by lots of greenery and the relaxing Ulhas River, giving it a really peaceful vibe. Badlapur is perfect for people who want a quiet and relaxing place to live but still want all the important things nearby.
| Locality | Type of asset | Property prices in INR | |||
|---|---|---|---|---|---|
| Sale | 1BHK Rent | 2BHK Rent | 3BHK Rent | ||
| Badlapur | Residential House | 6500 – 8000 per sqft | 10000 – 15000 | 15000 – 25000 | 28000- 40000 |
| Apartment | 2500 – 4000 per sqft | ||||
Affordable Living
Badlapur’s appeal lies in its affordability. The real estate market offers budget-friendly housing options, attracting individuals and families looking for cost-effective living. The laid-back atmosphere complements the pocket-friendly lifestyle, making Badlapur an emerging choice for homebuyers.
Emerging Development
Badlapur region is witnessing growth in terms of infrastructure, with new projects and facilities enhancing the overall living experience. The promise of a serene lifestyle with upcoming amenities adds to Badlapur’s allure.
Connectivity
Getting around is a breeze. Badlapur has local trains and buses that connect you to nearby places. It’s hassle-free commuting.
4. Kandivali
Kandivali, situated in the western suburbs of Mumbai, has emerged as a residential haven. With a mix of old-world charm and modern infrastructure, this suburb offers diverse housing options. From compact apartments to spacious penthouses, Kandivali caters to individuals, families, and professionals seeking a comfortable abode.
| Locality | Type of asset | Property prices in INR | |||
|---|---|---|---|---|---|
| Sale | 1BHK | 2BHK | 3BHK | ||
| Kandivali | Residential House | 12000 – 17500 per sqft | 18000 – 30000 | 28000 – 45000 | 40000- 60000 |
| Apartment | 7000 – 11000 per sqft | ||||
Connectivity
One of the key advantages of living in Kandivali is its excellent connectivity. The Western Express Highway runs through the area, providing easy access to the rest of the city. The Kandivali railway station is also a crucial transportation hub, linking residents to the Western and Harbour lines.
Recreational Delights
For those seeking recreational activities, Kandivali doesn’t disappoint. The suburb is home to parks, sports clubs, and entertainment complexes. Residents can unwind at the beautiful Sanjay Gandhi National Park or indulge in shopping at the various malls and markets in the area.
Food and Shopping
Hungry? Kandivali has your back. From street snacks to cozy cafes, there’s a variety of tasty treats to satisfy your cravings.
Kandivali has markets and malls where you can shop till you drop. From local goodies to big brands, it’s a shopper’s paradise.
4. Malad
Malad is a lively suburb in the north of Mumbai, where old traditions and modern vibes blend together smoothly. It’s a mix of homes and businesses, making it a lively and exciting place that attracts all kinds of people. Whether you like the traditional stuff or the modern scene, Malad has a bit of everything. It’s a happening spot for all sorts of folks.
| Locality | Type of asset | Property prices in INR | |||
|---|---|---|---|---|---|
| Sale | 1BHK | 2BHK | 3BHK | ||
| Malad | Residential House | 15000 – 18000 per sqft | 20000 – 35000 | 30000 – 50000 | 45000- 75000 |
| Apartment | 8000 – 12000 per sqft | ||||
Shopping and Entertainment
Malad is a shopaholic’s paradise. It consists of vibrant markets and modern shopping malls. Inorbit Mall, one of Mumbai’s largest malls, is an entertainment hub, housing many retail outlets, eateries, and a multiplex cinema. The Mindspace Business District has also turned Malad into a thriving commercial hub.
Versatility in Living
In Malad, you get the best of both worlds – peaceful suburban vibes and the exciting urban scene. There are two parts: Malad East is more calm and residential, and Malad West is busier with lots of businesses. So, whether you like a quiet neighborhood or a lively city feel, Malad has got you covered.
Easy Travel
Getting around Malad is a breeze. The local trains and buses connect you to the whole city. You can hop on and off without any hassle.
5. Powai
Powai, situated in the northeastern part of Mumbai, has undergone a remarkable transformation in recent years. The area has evolved into a bustling business and technology hub. Powai hosts several IT parks and corporate offices, attracting a young and dynamic professional population.
| Locality | Type of asset | Property prices in INR | |||
|---|---|---|---|---|---|
| Sale | 1BHK | 2BHK | 3BHK | ||
| Powai | Residential House | 16000 – 22000 per sqft | 25000 – 40000 | 35000 – 60000 | 50000- 80000 |
| Apartment | 8000 – 14500 per sqft | ||||
Scenic Beauty
Powai Lake is a calm spot in the middle of the busy city. The greenery around the lake makes it a peaceful place to relax. You can go for a jog, enjoy the gardens, and have fun in the recreational areas. Powai is like a quiet getaway right in the city.
Educational Hub
Powai is not just about business; it’s also an educational hub with institutions like the Indian Institute of Technology (IIT) Bombay. The presence of reputed schools and colleges makes Powai an ideal location for families looking for quality education.
Food, Shopping and Fun
If you love food, Powai won’t disappoint. You can try all kinds of yummy stuff, from local street snacks to fancy restaurants.
Powai has incredible places to shop, such as Powai Plaza. There are also malls and places to hang out. So, whether you want to shop or catch a movie, Powai has you covered.
6. Airoli
Airoli is a peaceful neighborhood right in the heart of Navi Mumbai. It’s a great place to live because it’s not too busy but has everything you need.
| Locality | Type of asset | Property prices in INR | |||
|---|---|---|---|---|---|
| Sale | 1BHK | 2BHK | 3BHK | ||
| Airoli | Residential House | 12000 – 15000 per sqft | 15000 – 30000 | 25000 – 40000 | 35000- 60000 |
| Apartment | 8000 – 10000 per sqft | ||||
Easy to Get Around
One of the cool things about Airoli is that it’s in a really good spot. You can quickly go to Mumbai or Pune using the Eastern Express Highway. It’s also close to Thane and Vashi, so it’s super convenient for people traveling for work.
Lots of Useful Stuff
Airoli has everything you need. There are good schools, hospitals, and places to shop. You can find lovely places to live, from apartments to houses. The neighborhoods are clean and green, and the people here are friendly.
Jobs Nearby
If you work in business or IT, you’ll love Airoli. Big business parks like Millennium Business Park and Mindspace IT Park are nearby. This makes it a great place for professionals.
Easy Living
Living in Airoli is comfy. There are shopping malls, local markets, and parks for fun. You can try different foods, join cultural events, and enjoy the easy-going lifestyle.
Final Words
To sum it up, Mumbai has a bunch of excellent and affordable places to live. Mumbai has neighborhoods for every taste and budget. It’s not just a city of dreams; it’s a city where you can find your perfect, affordable place to call home.
