โWhich 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 HillAverage property prices: Rs. 51480 per square feet
Situated on Mumbaiโs 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 ParadeAverage property prices: Rs. 48750 per square feet
Situated at Mumbaiโs 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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TardeoAverage property prices: Rs 47786 per square feet
Apart from Ambaniโs residence, Antilia (Indiaโs most expensive residential home), Tardeo has several commercial complexes, including healthcare and educational institutes. This locality doesnโt have many residential options, making it one of the most expensive localities to reside in Mumbai.
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JuhuAverage 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 westAverage property prices: Rs. 42691 per square feet
Known for housingย Salman Khanโs house Galaxy Apartment and Shahrukh Khanโs 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: WorliAverage property prices โ Rs 37013 per square feet
Hiranandani, PowaiAverage property prices โ Rs. 75000 per square feet
JVPD SchemeAverage property prices โ Rs. 39400 per square feet
Seven Bungalows, VersovaAverage property prices โ Rs. 31610 per square feet
Breach CandyAverage property prices โ Rs. 24140 per square feet
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Pourush
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April 8, 2022
2022-04-08T12:38:37+00:00 2022-04-11T18:18:23+00:00Comment
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