Best Neighborhoods in Mumbai For Affordable Living in 2021

To assist you with choosing a locality for your future home, here is a list of the best neighborhoods in Mumbai that offer affordable residence

Mumbai, formerly known as Bombay up until 1995, has a classic history full of abundant interesting stories starting with the name itself. The name Mumbai was derived from a popular goddess temple situated in Bori Bunder, Mumbai known as Mumba Devi Temple, according to one of these ancient stories. 

Mumbai is the capital city of India, also known to be the country’s maximum city and so are several names followed like City of Seven Islands, Skyscrapers City, The City that never sleeps, of course City of Dreams. The city has been a place of first’s for many things including the first airport – the Juhu Aerodrome, the first public bus service, and the first railway terminal called Chhatrapati Shivaji Terminus which was earlier known as Victoria Terminus established on the Southern side of Mumbai.

Overall, the Bandra Worli sea link, officially known as the Rajiv Gandhi Sea Link is an infrastructural wonder spread across a length of almost 5.6 kilometers. It can endure immense strength on account of the 90,000 tons of concrete and steel wires that it is engineered for. 

Apart from being the financial powerhouse of India, Mumbai also does total justice to its role as the fashion capital of the country along with being a pulse point for religious historic buildings. There are countless places of worship for everyone like temples, gurudwaras, churches, and mosques among others. There is no denying the fact that Mumbai has become more and more congested over the years due to people migrating here from not only all corners of the country, but the entire world. Despite all that though, Mumbai has continued to keep its position intact as the financial driver of the nation, generating over 6% of the total GDP for India. 

The foundation of numerous national multinational IT firms, commercial malls, multi-storeyed buildings, and skyscrapers have undoubtedly taken away the city’s greenery and nature’s touch. Yet, Mumbai has managed to keep diverse national parks to mini but lush green seaside areas. 

Having said that, owning a house in such an important city of India is a privilege within itself. But as much true as it is, when you are looking for your ideal home in Mumbai, you wouldn’t want to compromise on any factor. With so many options before you, getting confused is rather normal but you must do your research about the localities before making a decision. Make sure that the location is a well-secured neighborhood along with aspects like good connectivity with daily essentials, and your place of work, school, clinics, movies, etc. 

Before looking for houses in Mumbai, you must decide on your choice of the area as you will tend to mix it all up real soon if there is a lack of research. To assist you with choosing a locality for your future perfect home that has all the necessary services amenities in its vicinity to offer you the best lifestyle possible, so here is a list of the best neighborhoods in Mumbai that offer affordable residence:


Thane is one of the most developed, well-planned residential areas that is still witnessing manifold transformations on an everyday basis. The place has plenty of renowned schools, clinics, shopping malls, recreational setups, hospitals, etc. Thane has great connectivity with all corners of the city with a public commute like bus, local trains, and the metro. It also has many appealing places that you can go to pass your free time in. 


Earlier called Khandolee, Kandivali is a local train station situated in the suburban area of North Mumbai, which is also rapidly coming up as an attractive locality for potential homebuyers in Mumbai. It is one of the busiest local train stations in Mumbai built back in 1907. It is well connected to the domestic international airport in Mumbai and has readily available essential services like medical shops, local shops, entertainment zones, supermarkets, and much more.     


Ghatkopar is yet another affordable locality in Mumbai with some of the most historic settlements around the corner. It has a metro station that connects Ghatkopar with other parts of Mumbai for work and other purposes. It has some masterpieces in terms of architecture in all aspects – residential, commercial, educational, sports buildings. It is one of the cheapest areas to reside in Mumbai.


Vikhroli has a high-end series of real estate infrastructures like schools, colleges, banks, hospitals, commercial buildings, recreational areas, and malls. The place is simply accessible from all the parts of Mumbai, connected to LBS Road, Agra Road, and Eastern express highway. The place is well-equipped with modern gyms, movie theatres, clubs, swimming pools, spa arrangements, gardens, fine dining spaces – all leading to a trigger in demand for residential properties in Vikhroli. 


Airoli is one of the cheapest as well as well-planned localities of Mumbai, with great connectivity to Thane by Kalwa Bridge towards Mulund via Mulund-Airoli Bridge that facilitates quick commute. This is a preferable location for those looking for affordable residential properties in Mumbai like middle-class families and students as the prices here are quite feasible. Being an educational commercial hub, living in Airoli has even bigger benefits in terms of lesser travel time and hence, more productivity.


Worli is dotted with some of the most expensive upcoming housing projects in Mumbai. While prices may seem a bit on the higher side, it’s still a value buy for those seeking quality and a way of life that’s among the best in the city. The luxurious 2 BHK, 3 BHK 4 BHK in Worli offer a stunning view of the city and the Arabian Sea. The Worli area is inching to be in the list of top five best neighbourhoods to live in a few years from now.


Chembur is a large area with the most luxurious yet affordable residential properties in Mumbai, as said to be the epicenter to trade and commerce outlets. It is situated in the heart of Mumbai, well-connected with the central, western, as well as harbor line of the railway.  The Chembur market, close to Chembur railway station has a shop set up for almost everything including food, fashion, sports accessories, fresh fruits vegetables, groceries, medicines, and a lot more at reasonable prices as compared to other places. It has mouth-watering food joints and fresh juice parlors well-equipped gyms and fitness hubs to balance it out. You can tickle your taste buds with the multiple cuisines offered here and sweat it out in the fitness facilities. 



Mumbai is a place of complete hustle-bustle and if you wish to move to Mumbai, you must take on thorough research about the areas that you are looking at to start your family’s new life in. the location must be close to daily essentials and your workplace to have a comforting living space.  

K Raheja Corp Homes

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