Are you looking best places to live in Mumbai without straining your budget? Here are the top 10 budget-friendly places to live in Mumbai and how to find one suiting your need.
With the rising cost surviving in Mumbai, finding a budget-friendly place can be challenging. However, a few areas in the city offer the perfect balance between affordability and quality of life. One of India’s most populated cities is Mumbai, a great place to live, and it provides a fantastic lifestyle with various attractions, activities, and amenities. However, living in this city can be expensive, especially for those looking for budget-friendly places.
Suburbs of Mumbai
The suburbs of Mumbai, such as Mira Road, Borivali, and Thane, are some of the most affordable neighbourhoods in the city. These areas offer excellent access to public transportation, restaurants, shopping malls, and other amenities. Other budget-friendly suburbs include Dombivali, Dahanu, and Vasai.
Some of Mumbai’s most affordable housing options are apartments, studios, and hostels. Those looking for a more upscale experience can also consider serviced apartments, which offer access to amenities such as pools, gyms, and other services. Furthermore, many shared accommodation options, such as shared flats and group housing, are available in Mumbai.
Overall, there are plenty of budget-friendly places to live in Mumbai. With research and flexibility, one can easily find affordable accommodation in this vibrant city.
Overview of Budget-Friendly Places in Mumbai
Mumbai is a vibrant city that offers plenty of budget-friendly experiences. From iconic street food to unique cultural spots, there are plenty of exciting places to explore while on a tight budget. If you want a relaxing day of sightseeing, many places in Mumbai won’t break the bank.
Popular spots for budget travellers include Juhu Beach, Gateway of India, and Lalbaug Market. Each location offers something special for visitors to enjoy without spending a fortune. For those looking for a more relaxed experience, there are plenty of parks, gardens, and areas to stroll. No matter what you’re looking for, Mumbai has something within a budget-friendly range for everyone.
The Top 10 Budget-Friendly Places to Live in Mumbai
Mumbai is one of the most financially prosperous cities in India. The cost of living is high, and renting a place or buying property can be daunting if you are on a tight budget. Fortunately, there are a few budget-friendly places to live in Mumbai.
From suburban neighbourhoods to well-connected city centres, here are the top 10 budget-friendly places to live in Mumbai.
1: Thane-The City of Lakes
Thane is a suburb of Mumbai known for its lower prices than the rest of the city. It connects to Mumbai via the Central Railways and the Eastern Express Highway. Thane is home to many residential complexes, making it an ideal spot for people seeking a more affordable living situation in Mumbai.
Highlights of Thane City
- Famous places: Datiwali Lake, Suraj Water Park, Hariyali Lake, Sanjay Gandhi National Park, etc.
- Malls: Korum Mall, Amrapali Shopping Center, Infinity Shopping Arcade, etc.
- Nearby parks: Thane Grand Central Park, Community Park, Thane Mahanagar Palika, etc.
2: Andheri – City of Pubs
Andheri, located in the western suburbs of Mumbai, is one of the most popular residential areas in the city. The area is well-connected with the rest of the city via the Western Express Highway and the local train network. Andheri is an excellent spot for more affordable Mumbai living.
It has excellent public transport links and amenities like shopping malls, restaurants, and entertainment venues. Andheri also offers affordable residential options for budget-minded individuals.
3: Bandra- Hometown for Celebrities
Bandra is a popular tourist destination and a budget-friendly place to live. It has many restaurants, bars, cafes, and entertainment options. Bandra is well-connected via the Bandra-Kurla Complex and the Western Express Highway.
Highlights of Bandra
- Famous places: Bandra lake, Bandstand Promenade, Bandra Fort, etc.
- Malls: Link Square Mall Bandra West, Veena Beena Shopping Center, Gazebo Shopping, etc.
- Nearby parks: Almeida Park, M.I.G. Park, Guru Nanak Park, etc.
4: Worli – City of Gorgeous Sea View
It is the city’s second most expensive residential area, but it has plenty of affordable options for budget-minded individuals. It has connectivity via the Eastern Express Highway and the local train network and offers plenty of amenities such as shopping malls, restaurants, and entertainment venues.
Highlights of Worli
- Famous places: Bandra Worli Sea Link, Dhobi Ghat, Nehru Planetarium, etc.
- Malls: Atria Mall
- Nearby places to Visit: Worli Fort, Haji Ali Dargah, etc.
5: Malad is known for its Famous Aqsa Beach.
It is one of the most affordable neighbourhoods in Mumbai and has some residential complexes. It is connected to the city’s main spots and offers plenty of amenities like shopping, dining, and entertainment. Malad is a western suburb that provides a range of affordable housing options.
Highlights of Malad
- Famous places: Aqsa beach, Marve Beach, Madh Beach, etc.
6: Mulund – Affluent Suburbs
Mulund is an affordable suburb of Mumbai located in the eastern suburbs. Local trains, buses, and roads.
Highlights of Mulund
- Famous places: Mahakavi Kalidas Natya Mandir
- Malls: Nirmala Lifestyle Mall
- Nearby places to Visit: Kanchan Amrut Mandir
7: Bhandup – City of Urban Life
It is an excellent spot for those looking for a budget-friendly place to live in Mumbai. It connects to the rest of the city and offers plenty of amenities such as shopping, dining, and entertainment options. Bhandup is an affordable suburb of Mumbai located in the eastern suburbs, and it connects local trains, buses, and roads.
Highlights of Bhandup
- Famous places: Book my Safari
- Malls: Neptune Magnet Mall
- Nearby places to Visit: Bhandupeshwar Mahadev Mandir
8: Jogeshwari – City of Jogeshwari Caves
It is an up-and-coming area in Mumbai and one of the city’s most affordable neighbourhoods. It is home to several residential complexes and well-connected to the city’s rest. Jogeshwari is a residential locality in the western suburbs. One of the most affordable
Highlights of Jogeshwari
- Famous places: Bombay Convention and Exhibition Centre, Jogeshwari Caves
- Malls: Oasis Mall
- Nearby places to Visit: Maasaheb Thackerey Garden
9: Powai, known for Powai lake
It is the best option for those looking for a budget-friendly place to live in Mumbai. It is well-connected to the city and offers plenty of amenities like shopping, dining, and entertainment. Powai is a suburb in the Western Suburbs, and the area is known for its affordability and is well-connected to the rest of Mumbai.
Highlights of Powai
- Attractive places: Powai Lake, Devi Vageshwari Mata Temple, Suvarna Temple, Forest Park, etc.
- Malls: Heera Panna Shopping Centre, Galleria Shopping Mall, Powai Plaza, Classic Super Store, etc.
- Nearby parks: M.C.G.M. Nirvana Park, Heritage Garden, Deer Park, Raheja Vihar Jogging Park, etc.
10: Borivali – City of Water Kingdom
Located in the western suburbs of Mumbai, Borivali is one of the budget-friendly residential areas in the city. The is connected to the rest of the city via the Western Express Highway, the Borivali Railway Station, and the local train network. Plus, Borivali also offers affordable residential options that are ideal for budget-minded individuals. Borivali is another excellent option for people. It has good connectivity to significant spots and provides plenty of amenities like shopping, dining, and entertainment.
Highlights of Borivali
- Entertainment: Fish Park, Kanhere caves
- Hospitals: Apex Autospecialty hospitals
- Malls: Zone mall
- Parks: Sanjay Gandhi national park, Veer Savarkar Udyan
Pros and Cons of Living in a Budget-Friendly Place in Mumbai
When living in one of the most expensive cities in the world, Mumbai, it is essential to consider all your options. It is an increasingly popular option for budget-friendly places, and this living arrangement has pros and cons.
The main pro of living in a budget-friendly place in Mumbai is the cost savings. This type of housing is typically much more affordable than other housing options in the city. Additionally, many budget-friendly places offer amenities such as Wi-Fi, air conditioning, and other necessities, which can help to reduce the cost of living.
On the other hand, there are some cons to living in a budget-friendly place in Mumbai. These places may be less secure than more expensive housing options, and the quality of the space may be lower. Additionally, the cost savings may not be as significant as hoped.
Ultimately, it is essential to consider the pros and cons of living in a budget-friendly Mumbai place before deciding. Individuals can find the best solution to fit their budget and lifestyle by weighing the costs and benefits.
Finding a Perfect Budget-Friendly Place in Mumbai
The most vibrant city in India is Mumbai which provides a wide variety of budget-friendly places to stay. Its eclectic mix of culture, cuisine, and sights makes it an excellent destination for travellers of all types. Whether you’re looking for a luxury hotel, a cosy bed, breakfast, or a more affordable hostel, plenty of options are available in the city.
Finding the perfect budget-friendly place in Mumbai doesn’t have to be a challenge – as long as you know your priorities and do your research. You can find the ideal place to suit your budget and preferences with careful analysis.
Mumbai is a great place to live, and these budget-friendly neighbourhoods offer citizens an affordable way to enjoy the city and its amenities. With their excellent public transport, modern amenities, and peaceful environment, these neighbourhoods are ideal for anyone looking for a budget-friendly housing option in Mumbai.
When finding the perfect budget-friendly place to live in Mumbai, it is essential to consider all the available options. With so many options available, there is sure to be something that fits your budget and lifestyle.
The pros and cons of a budget-friendly place must be considered in Mumbai to ensure it is the right fit for you. With sufficient and smart research and planning, you can find the perfect budget-friendly place to call home in Mumbai.