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Which is the posh area in Mumbai?

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0 2022-04-11T17:54:53+00:00

โ€œWhich is the posh area in Mumbaiโ€ was one question that came into my mind when I went on a trip to Mumbai with my family. My cousin, who lives in this beautiful city, told me that most of the posh areas in Mumbai are situated near the sea or offer a view of the water body. Many start-up entrepreneurs, businessmen, and Bollywood celebrities rent or own properties in these posh areas, which make these localities popular and exclusive among Mumbaikars.

Here's a list of some of the poshest areas in Mumbai:

Malabar Hill

Average property prices: Rs. 51480 per square feet

Situated on Mumbaiโ€™s southernmost tip, Malabar Hill gives a 3-side view of the Arabian Sea. Besides penthouses and luxurious condos, the locality also has some marquee properties that cost Rs. 300 crores and above.

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Cuffe Parade

Average property prices: Rs. 48750 per square feet

Situated at Mumbaiโ€™s southern tip, next to Nariman Point, Cuffe Parade is a part of the Central Business District of Mumbai. This locality was developed by reclaiming 75000 square meters of land on the western shore of Colaba and is now dotted with commercial as well as residential skyscrapers, where property prices are very high.

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Tardeo

Average property prices: Rs 47786 per square feet

Apart from Ambaniโ€™s residence, Antilia (Indiaโ€™s most expensive residential home), Tardeo has several commercial complexes, including healthcare and educational institutes. This locality doesnโ€™t have many residential options, making it one of the most expensive localities to reside in Mumbai.

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Juhu

Average property prices: Rs. 44442 per square feet

Situated in the western suburbs, Juhu is one of the Mumbai expensive areas. Celebrities like Akshay Kumar, Sachin Tendulkar, and Amitabh Bachchan own villa properties here, which is otherwise an unusual property type in Mumbai.

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Bandra west

Average property prices: Rs. 42691 per square feet

Known for housingย  Salman Khanโ€™s house Galaxy Apartment and Shahrukh Khanโ€™s Mannat villa, Bandra West is another post area Mumbai.ย  Located in the western suburbs, this area has several entertainment options, including discotheques, nightclubs, and restaurants, which makes it very popular among college students.

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Other posh areas in Mumbai: Worli

Average property prices โ€“ Rs 37013 per square feet

Hiranandani, Powai

Average property prices โ€“ Rs. 75000 per square feet

JVPD Scheme

Average property prices โ€“ Rs. 39400 per square feet

Seven Bungalows, Versova

Average property prices โ€“ Rs. 31610 per square feet

Breach Candy

Average property prices โ€“ Rs. 24140 per square feet

Read more:

What is posh area?

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Who owns the most expensive house in the world?

How many floors in Ambani house?

 

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