6 Best Localities in SoBo For Luxury Living
6 Best Localities in SoBo For Luxury Living
Written by Blox Social
December 24, 2022

Andheri and Juhu may claim all the glitz and glamour, but if you want to be truly blown away by Mumbai's affluence and luxurious lifestyle, South Mumbai is the place to be. From iconic landmarks to upscale malls and shopping centres, from financial districts to luxury residential projects – SoBo is a marvel, showcasing the very best that Mumbai, nay India, has to offer. Luxury homes in South Mumbai, in particular, epitomise the dreams and aspirations of every Indian and offer a truly fantastic lifestyle peppered with celebrities. Here are 6 of the localities known for their grand and gilded residential projects.

Worli - Think Worli, think sea face, right? The promenade at Worli and stunning views of the expansive Arabian Sea are some of the things that attract the rich and famous to this part of the city. Worli is well-connected, and the Worli Station is on the Aqua Line, which keeps it in the metro loop. Rub shoulders with top cricketers like Virat Kohli, Rohit Sharma, and Yuvraj Singh or actors like Akshay Kumar - some of the celebs who call Worli home.

Lower Parel - The demand for avant-garde and luxurious residential flats in South Mumbai is at an all-time high, and the locality that has seen the best of this demand is Lower Parel. From the high street shopping centres like High Street Phoenix and Palladium Mall to ultra-luxe gated communities, Lower Parel has certainly earned a reputation of being one of the poshest places to live in SoBo. In addition, the proximity to St Regis Mumbai, the wedding venue for a number of Bollywood stars, may earn you an invite. Or one can hope!

Colaba - SoBo's evolution from a charming colonial district to chic, sophisticated, and lavish is evident in Colaba. Traditionally famous for its street shopping, Colaba is now turning into a hotspot for some of the most luxurious international labels. Alongside, luxury residential development in the neighbourhood is soaring, with gated communities and high-rises setting new standards.

Marine Lines – Marine Lines is another micro market that has found a spot among the top luxurious locations in Mumbai. From corporate head honchos to movie actors, celebrities to entrepreneurs, ultra-luxury projects in Marine Lines have them all. Moreover, its location in the neighbourhood of the iconic Marine Drive makes it a worthwhile investment hotspot.

Tardeo - If you are looking for one of the most spectacular luxury residential markets in Mumbai, home to the uber-rich, Tardeo has to be it. Altamount Road in Tardeo commands the highest price tag anywhere in the country, partly because some of the world's richest people, like the Ambanis and Jindals, live here. Apart from a price tag upward of Rs 56,000 per sq foot, Tardeo is also known for its open spaces and verdant greenery.

Wadala – If you are looking at investing in luxury homes in South Mumbai that seem to be reasonably affordable, Wadala is a locality to consider. Touted to be the new BKC, Wadala has seen a recent spurt in industries and enterprises, commercial outfits and offices. It is also attracting a lot of attention from luxury real estate developers in the city.

Mumbai does justice to the moniker "City of Dreams". No other city in the country boasts of industry and rags-to-riches stories like this one. With wealth and celebrity status comes the demand for an upscale lifestyle, and Mumbai developers are more than glad to oblige. With luxury residential projects booming in many SoBo neighbourhoods, there is a substantial appreciation in asset values and ROI as well, fuelling more demand.

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