List of 7 Most Affordable Places to Live in Mumbai

List of 7 Most Affordable Places to Live in Mumbai

Are you someone who is planning to try your luck in the city of dreams, Mumbai? Here is a list of the most affordable places to live in Mumbai so you don't burn a hole in your pocket while struggling to get basic necessities. Mumbai is not only the financial capital of India but also the center of entertainment. Home to many famous and eminent personalities like Amitabh Bachchan, Shahrukh Khan, Mukesh Ambani, Virat Kohli, Salman Khan, etc., Mumbai is a city that fulfills the dreams of many people belonging to different cities and cultures. Mumbai welcomes everyone with open arms: actor, model, director, writer, photographer, or even a salaried employee who wants to find a job in the big city. There is a constant demand for Mumbai as it harbors hopes for many and this is the reason for the high property prices in Mumbai. Don't worry though, we've got you covered.

The Most Affordable Places to Live in Mumbai

We have a list of the most affordable places to live in Mumbai that will help you find the perfect haven as you strive to fulfill your dreams. Houses in Mumbai are usually small in size, where space is a priority. The most common sizes are 1RK, which is 1 bedroom and kitchen, and 1 BHK, which is 1 bedroom, living room, and kitchen. Read on for the most pocket-friendly areas in Mumbai.

1. Borivali:

Also known as 'suburb of garden', Borivali is one of the most affordable places to live in Mumbai. Borivali is an ideal location for those working near CST, as you can take a local train and get there in about 45 minutes. Loaded with colleges, schools, hospitals and even restaurants, Borivali has also become a center of modern social infrastructure and commercial headquarters. Also, Borivali is easily accessible with various options including Borivali Railway Station, taxis, buses and auto rickshaws. You can easily find properties for rent in Borivali.

Nearby Social Amenities:

  • Hospitals: Apex Hospital, Lotus Multispecialty Hospital, Shri Ganesha Hospital, Mandapeshwar Nursing Home
  • Educational Institutions: International Orchid School, Don Bosco High School, JBCN International School, St. Francis Institute of Technology
  • Mall: Indraprastha Mall, at Star Mall

2 - Ghatkopar:

Ghatkopar is one of the oldest districts in Mumbai, famous for its commercial, residential and educational establishments. Ghatkopar is one of the most affordable places to live in Mumbai, an area dominated by multi-storey apartments. Ghatkopar is connected to the rest of Mumbai through the Ghatkopar metro station. Also, Mumbai Metro has already started the Versova-Andheri-Ghatkopar metro line and once the project is completed, Ghatkopar will be more accessible. You can easily rent a house in Ghatkopar. Nearby social services:
  • Hospitals: Ramabai Thackrey  Hospital, Samartha Multi-Specialty Maternity Hospital, Adar Orthopedic Hospital
  • Educational Institutions: Global School, PG Garodia School, PVG Vidya Bhawan School, Vidyaniketan College of Commerce and Science
  • Shopping center: R Odeon Mall, Milan Shopping Center 
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3- Vikhroli:

Equipped with a variety of residential spaces, Vikhroli is a suburb located in the northeast of Mumbai. Vikhroli is known for its high-quality infrastructure, parks, restaurants, theaters, etc., which are always in demand among potential home buyers or renters. Vikhroli railway station on the Central Railway links Vikhroli to all major parts of Mumbai. Also, the central streets connecting Vikhroli with the rest of the city are Agra Road, Lal Bahadur Shastri Road and Eastern Express Highway. Rent an apartment in Vikhroli. Nearby social services: Hospitals: Samarth Hospital, Aastha Hospital, Krantiveer Mahatma Jyotiba Phule Hospital, Godrej Memorial Hospital Educational Institutions: Orchids The International School, Abhay International School, Utkarsha Bal Mandir, Sandesh College of Arts & Science & Science, Vikas College of Arts Science and Commerce Mall/Market: Vikhroli East Market, Daksh Supermarket

4 - Kandivali:

Kandivali (previously known as Khandolee) is located in North Mumbai, an emerging district of Mumbai. Kandivali is full of recreation and relaxation areas and is an ideal living place for housewives, children and salaried professionals. Located at a distance of 14 km from the domestic and international airports, Kandivali is a unique area that provides easy access to all major areas of Mumbai. Kandivali Railway Station, built in 1907, is one of the busiest and connects Kandivali seamlessly with all major areas of Mumbai. Also, Goregaon-Mulund Link Road passes through Kandivali and connects the western suburbs with the central suburbs. You can easily find some rental properties in Kandivali. Nearby social services:
  • Hospitals: Shatabdi Hospital, Sukhsagar Hitech Hospital, Paarth Hospital, BMC Hospital
  • Educational Institutions: Kapol Vidyanidhi International School, St. Joseph Secondary School, Akshara Secondary School, Prakash College of Commerce and Science,
  • Mall/Market: Raghuleela Mega Mall, Thakur Mall

5. Malad:

Home to many multinational corporations, Malad is home to many white collar professionals. Malad is one of the cheapest residential areas and offers everything from delicious street food to luxury hotels. In Malad, you can take a ferry service to Manori, Gorai and Versova. Additionally, Malad is connected to the rest of the city via Link Road, SV Road, and the NH-8 Ferry. Chhatrapati Shivaji International Airport is just 12.2 km from Malad West. Here you can find apartments for rent in Malad. Nearby social services:
  • Hospitals: Thunga Hospital, Lifeline Multi-Specialty Hospital, Zenith Hospital
  • Educational Institutions: Orchid International School, Billabong International Secondary School, Ryan International School, Nagindas Khandwala College of Commerce, Arts and Management Studies
  • Mall/Market: Infinity Mall, Inorbit Mall

6. Kurla:

Kurla is famous as the heart of Mumbai, a rapidly developing region. Many places of worship are located in and around Kurla, such as Sai Baba Temple, Darul Uloom Mehboob-e-Subhani, Holy Cross Church, Ganpati Mandir, etc. Kurla is an ideal residential location for the upper and middle class segments. You can easily find apartments for rent in Kurla. Nearby social services: Hospitals: Kohinoor Hospital, City Hospital, Research Center and Amar Hospital Educational Institutions: Holy Cross High School, Kohinoor International School, St. Joseph High School, Mithibai College Mall/Market: Phoenix MarketCity 

7. Chembur:

Chembur is a preferred residential area for many due to the presence of industrial centers in and around it. Chembur is famous for its many attractions, such as the Tata Institute of Social Sciences, the Dr. Ambedkar Garden and the Diamond Garden. It is a well-known IT hub and houses some of the famous companies like Bhabha Atomic Research Center, Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, etc. Furthermore, in addition to the availability of industrial centers, people prefer to live in Chembur for the excellent connectivity it provides as it is only 15 km from the airport. Chembur also connects downtown Mumbai with Navi Mumbai, making life easier for thousands of travellers. Take a look at the apartments you can rent in Chembur. Nearby social services: Hospitals: SRV Hospital, Zen Multi-Specialty Hospital, Apollo Spectra Hospital. Educational Institutions: JBCN International School, St. Gregory High School, Vivekanand Education Society Institute of Technology (VESIT) Mall/Market: Cubic Mall, K Star Mall Also Read - How to Design a Room, in 12 Easy Steps