Which is the most expensive locality in Mumbai?

Also known as the financial capital of India, Mumbai has several plush locales that house some of the eminent personalities of the country. 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.

What is the richest part of 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.

Which is the luxurious area in Mumbai?

1. South Mumbai

Most Posh Areas in South Mumbai Average Property Price (per sqft.)
Cuffe Parade Rs.54,800
Walkeshwar Rs.52,500
Cumbala Hill Rs.50,300
Tardeo Rs.41,300

Is Dadar a posh area?

The locality also offers the distinction of having an address in a wooded, yet fairly posh area, while at the same time having the conveniences of an affable social infrastructure and fast transit routes. Some aspects of real estate in Dadar: Capital and rental trends. Luxury segment fares well.

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Which is the most developed area in Mumbai?

List of the Very Posh Areas in Mumbai

  1. 1 South Mumbai. South Mumbai previously known as South Bombay is extended from Colaba to Mahim. …
  2. 2 Malabar Hill. Malabar Hill is among the most expensive areas in Mumbai. …
  3. 3 Altamount & Peddar Road. …
  4. 4 Worli. …
  5. 5 Bandra. …
  6. 6 Juhu. …
  7. 7 Lokhandwala Complex. …
  8. 8 Colaba.

What salary is needed to live comfortably in Mumbai?

What salary is needed to live comfortably in Mumbai? Depending upon the standard of living, your average salary should be Rs 40,000 – Rs 60,000 per month.

Is Mumbai rich or poor?

It is situated right next to the Golibar slum in central Mumbai. As population density in cities increases, the rich and poor are both being squeezed with each other.

Mapped: In India’s wealthiest city, the ultra-rich and slum dwellers share neighbourhoods.

Rank City Wealth
12 Mumbai $960 billion
13 Toronto $900 billion

Where do rich live in Mumbai?

Here are the top 10 posh areas in Mumbai/Mumbai’s posh area names/posh localities in Mumbai, the most inviting neighbourhoods of Mumbai.

  • Bandra Bandstand. …
  • Malabar Hill. …
  • Altamount Road. …
  • Hiranandani, Powai. …
  • JVPD Scheme. …
  • Pali Hill, Bandra. …
  • Worli Sea Face. …
  • Seven Bungalows, Versova.

Is Juhu better than Bandra?

14 Replies. Bandra will be more expensive than Juhu; you can find decent areas in both. Khar (W) too, but it can be more crowded. There are no huge differences between Bandra and Juhu; both are good residential areas.

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Why Mumbai is so expensive?

The major reason why Mumbai is expensive is due to the high land costs. Residential and commercial spaces in Mumbai come at a high price.

Which is the richest area in Delhi?

Delhi’s most expensive and posh residential areas

  • Jor Bagh.
  • Shanti Niketan.
  • Gulmohar Park.
  • Hauz Khas.
  • Safdarjung.
  • Panchsheel Enclave.
  • Green Park.
  • Greater Kailash.

Is Bandra costly?

Bandra-Khar (west), Mumbai’s costliest real estate belt outside the island city, exemplifies the unrealistic property prices despite a market meltdown. … Prices in these upmarket suburban enclaves here have spiralled to between Rs 40,000 and Rs 60,000 a sq ft from Rs 15,000 per sq ft only six years ago.

Is Andheri a posh area?

Andheri East is a very posh location. It is near to grocery provision, hospitals, schools, colleges, metro and railways station just 10 minutes away-excellent BEST connection.

Which is the cheapest place to live 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.

Where do all celebrities live in Mumbai?

Bandra, a suburb in Mumbai, is famous for several reasons. From leafy, quiet by-lanes that remind you of its old-world charm, to plush high-rises where several Bollywood celebrities reside, Bandra has it all. If you’ve often wondered about the homes of Bollywood celebs, and how they live, here’s a sneak-peek.

Which city is best in Mumbai?

So, sit back, relax and read on to know more about the best areas to live in Mumbai!

  1. Bandra. Bandra, located in the upscale coastal suburb is extremely famous for all the right reasons. …
  2. Powai. …
  3. Juhu. …
  4. Worli. …
  5. Vile Parle. …
  6. Andheri. …
  7. Dadar. …
  8. Parel/Lower Parel.
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