South Mumbai
Places such as Nariman point, Marine Drive, Churchgate, Girgaon, Malabar hill are some of the most affluent neighbourhoods in Mumbai that are home to a number of business tycoons, traders, VVIPs, top-tier officials, etc. These areas are directly facing the seaside; they offer a majestic view of the Arabian sea and the skyline above.
Nariman Point which is at the far end of Marine Drive is a major business hub. The Art-Deco style buildings along the Marine Drive attract many to live by the side of the sea. Residences on Malabar hill are obviously those of the highest-rated ones in the city owing to the hill’s strategic importance. The official CM bungalow and the government guest house further seated on Malabar Hill further add to their value. Many individuals from the business-class communities have settled here, and this makes the area one of the most expensive yet highly sought-after ones. The best part of this neighbourhood is of course the newly opened Mumbai coastal road which offers seamless connectivity between Marine Drive and Bandra-Worli Sea Link, reducing travel time from 45-50 minutes to less than 10 minutes. Many educational institutes, sports clubs and grounds, highly rated restaurants and hotels also contribute to the rising prices of residential properties in these neighbourhoods.
Byculla
Byculla is a centrally located neighborhood in Mumbai which is well-connected to neighbouring areas via diverse modes of transport. It is connected to areas like Dadar which is itself a major residential and shopping hub and to CST (Chhatrapati Shivaji Terminus) which is the starting point for the harbour line of central railway by Dr. Babasaheb Ambedkar Road. JJ Flyover connects Byculla to South Mumbai areas like Crawford Market, Marine Lines, and beyond. Eastern Freeway allows for seamless travel from Byculla to Navi Mumbai and Eastern Suburbs. Byculla is closely connected to various parts of the city via bus routes too. For example, Buses run regularly between Byculla and other South Mumbai areas like Colaba, Churchgate, and Nariman Point.
There are bus services between Byculla and Western suburbs via Dadar and Mahim. It is connected to Eastern suburbs and Navi Mumbai via Sion and Chembur. Byculla has its own railway station on the Central Line of the Mumbai suburban railway network which connects it directly to CST in the south and areas like Dadar, Kurla, and Thane in the north. The best that is coming up for the benefit of residents of Byculla is the Mumbai Metro Line 3 (Colaba-Bandra-SEEPZ). It is expected to enhance connectivity once operational, tremendously reducing traffic congestion.
Mahalakshmi
Residential complexes facing the Mahalakshmi racecourse and the Arabian sea are some of the most upscale Mumbai neighbourhoods, where high-net-worth individuals lead a truly affluent living, making the area one of the most sought-after ones in the city. Mahalaxmi has excellent connectivity to major corporate and commercial parks via bridges, roads, and the Metro Line 3 that is underway.
Juhu
The area surrounding the Juhu beach is a wealthy Mumbai neighborhood, which has Versova to the north, Vile Parle to the east and Santacruz to the south. Metro stations that are closest to Juhu are D. N. Nagar and Andheri West. Juhu is pretty close to the domestic and international airports, which are 4 and 6 kilometers away, respectively, taking the real estate prices in Juhu sky-high. The railway station which is closest to Juhu Beach is Vile Parle – only about 3 km away.
Andheri
Andheri is a Mumbai neighbourhood and major commercial hub. Crowds throng Andheri every day for jobs, businesses, practices, auditions, etc. This makes Andheri one of the most expensive yet most desirable neighborhoods in Mumbai to live in. Andheri-Jogeshwari is connected to major roads like the Santacruz-Chembur Link Road, Western Express Highway, and the Coastal Road project which take it closer to other business districts and entertainment hubs. Andheri is connected to other parts of Mumbai by the Mumbai Metro Line 7, which runs from Andheri East to Dahisar East. The metro also provides a direct route from Andheri to the airport road.
Bandra
Bandra is known as the ‘queen of suburbs’; it is a coastal suburb in Mumbai known for its vibrant lifestyle. Many Bollywood celebrities, politicians, and other known personalities own residential properties in this posh Mumbai neighborhood.Especially, area facing the Bandstand Promenade is one of the highest priced locations across Mumbai. A number of reputed hotels, restaurants, schools attract the wealthy to this rich and stylish neighborhood in Mumbai, making it one of the most demanded places in the suburban Mumbai region.
Neighborhoods that are well connected to greater Mumbai and Mumbai suburbs:
Mulund
Currently, the travel time between Goregaon and Mulund is between 75 to 90 minutes due to traffic congestion. After completion of the Goregaon-Mulund Link Road (GMLR) project, this travel time is expected to reduce to 25 minutes. Isn’t this great? (GMLR) is a 12-km long road infrastructure project that shall connect Mulunddirectly to Goregaon. After Ghodbunder road, Jogeshwari-Vikhroli Link Road (JVLR), and Santacruz Chembur Link Road, GMLR will be the fourth east to west corridor in Mumbai. This link road will connect Western Express Highway at Goregaon to Eastern Express Highway in Mulund.
Thane
Once work on GMLR is completed, Thane too will come excessively closer to southern Mumbai and suburban Mumbai neighborhoods. Residents of the Thane city and, in fact, the entire Thane district will be able to travel to Mumbai in shorter times as compared to the current scenarios. MMRDA’s Twin-Tube Road Tunnel project is set to reduce the travel time between Thane and Borivali to 15 minutes and the distance between these commercial and residential neighborhoods down to 12 kilometres.
The real estate demands are generally high in most of the Mumbai neighborhoods, and why not? This expeditiously evolving city has always been the epicentre of technology, education, commerce, trade, and art, which is why crowds of dreaming, struggling, and hard-working individuals from all walks of life flock to this megalopolis day in and day out. Life is, but, not only about work and struggle; rejuvenation, physical and mental well-being, happiness and tranquility are equally important. This too has been taken care of by a number of parks, botanical gardens, lakes, places of worship, meditation zones, wildlife reserves, jogging tracks, art galleries, performing art theatres, shopping malls and complexes, restaurants and bistros, recreation centres, gaming facilities, etc., smartly devised, taking into consideration, needs of all the age groups and all sectors of the community.
FAQs
Which is the richest neighborhood in Mumbai?➕
South Mumbai, including areas like Malabar Hill, Marine Drive, Nariman Point, and Churchgate, is known for its luxurious and affluent residences. These areas are home to business magnates, celebrities, and VVIPs, with premium real estate prices, spectacular views of the Arabian Sea, and unmatched connectivity.Which is the best area to live in Mumbai?➕
The best areas to live in Mumbai depend on your preferences, but popular neighborhoods include Bandra, known for its vibrant lifestyle and celebrity residences, Andheri, a commercial hub with excellent infrastructure, and Juhu, which offers proximity to beaches and airports. If you prefer quiet, upscale living, Malabar Hill and Mahalakshmi could be ideal.
Which area of Mumbai is famous?➕
Marine Drive, often referred to as the "Queen's Necklace," is one of the most famous areas in Mumbai, offering breathtaking views of the sea. Other renowned neighborhoods include Bandra, a lively area with a strong cultural identity, and Colaba, famous for its historic landmarks and proximity to the Gateway of India.
What are the best neighborhoods for families in Mumbai?➕
For families, Mulund and Thane are great options, offering a more peaceful environment with schools, parks, and recreational facilities. Juhu is also popular among families due to its proximity to the beach and international schools.
Which are the most well-connected neighborhoods in Mumbai?➕
Byculla and Andheri are two highly connected areas in Mumbai. Byculla boasts excellent rail and road connectivity to the city’s central and southern parts, while Andheri is well-connected through the metro and major highways, making it easy to access the airport and other business hubs.
What makes Bandra so popular among Mumbai’s elite?➕
Bandra is often called the ‘Queen of Suburbs’ and is known for its stylish and upscale vibe. With famous residents, trendy restaurants, high-end boutiques, and its proximity to the beach, it is undoubtedly one of the most coveted neighborhoods to stay in Mumbai.
How is Thane different from other Mumbai neighborhoods?➕
Located on the eastern fringes, Thane offers a quieter, more suburban lifestyle with a rapidly developing infrastructure. It has access to beautiful lakes, parks, and more affordable housing compared to South Mumbai. Once the GMLR project is complete, Thane will be better connected to Mumbai's key areas, making it even more desirable.
Are there any emerging neighborhoods in Mumbai?➕
Yes, areas like Mulund, Bandra East, and parts of Worli are seeing significant growth. These neighborhoods are undergoing rapid development with the construction of new residential and commercial spaces, making them increasingly popular for both homebuyers and investors.
Which Mumbai neighborhood has the best sea views?➕
Marine Drive, Malabar Hill, and parts of Juhu offer some of the best sea views in Mumbai. These areas, with their proximity to the Arabian Sea, are among the most expensive real estate areas in the city, known for their breathtaking panoramic views.
Which neighborhoods in Mumbai are best for investment?➕
Neighborhoods like Mulund, Andheri, and Thane have seen significant infrastructure development and are considered excellent for property investment due to their growing connectivity, emerging business centers, and availability of residential options at various price points.
Disclaimer- The views expressed above are for informational purposes only based on industry reports and related news stories. Piramal Realty does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
