There is a reason why Mumbai is called the City of Dreams. Hundreds of thousands come to this vibrant and beautiful city each year to realise their aspirations of building a career, starting a family, and owning their dream home.
With an estimated population of over 27 million, Mumbai is one of the largest, most populated cities in the world. It comes as no wonder, then, that most of the suburbs of India's financial capital are not being brought under the Greater Mumbai area. The rise of the suburbs and the expansion of the city limits are also some of the main factors why businesses, retail chains, banks, offices, factories, and mills are moving to the suburbs. With such enterprise comes an increase in residential projects. Homebuyers in Mumbai are looking to settle in the suburbs primarily because of the affordability of real estate, cleaner, greener spaces, better infrastructure and facilities, and shorter work commutes.
Over the past few years, these nine neighbourhoods have witnessed rapid growth and residential development, primarily because more businesses and offices are moving into these areas.
- Borivali – Borivali is one of the fastest-growing suburbs of Mumbai. With all the cosmopolitan advantages, such as shopping malls, schools, offices, and restaurants. Borivali is also green and clean with open spaces and parks like the Sanjay Gandhi National Park and MCF Grounds Joggers Park. It is an excellent option if you are looking for a Mumbai suburb with good connectivity. The Borivali railway station connects this suburb with the rest of the city.
Population (2020 estimates):
Borivali East - 1,67,265
Borivali West - 3,73,921
Average property price - INR 19,600 per sq ft
- Malad - Malad, both East and West, are preferred residential neighbourhoods, particularly among the younger generation of homebuyers. Excellent connectivity, eateries and restaurants, and a stone's throw from Marve and Aksa beaches - life can undoubtedly be charming in this suburb. Malad is also very safe, making it popular among college-going students and young professionals who live alone. The Malad Railway Station on the Western line connects the suburb with the rest of the city.
Population (2020 estimates):
Malad East - 217434
Malad West - 384137
Average property price - INR 17,130 per sq ft
- Goregaon West - Goregaon West is another well-planned suburb that boasts excellent connectivity through arterial roads such as Link Road, SV Road, and MG Road. Swanky malls, restaurants, offices, and hospitals - Goregaon West has just about everything you want. The gated communities are new and have modern amenities. As one of the up and coming residential localities you can expect a number of smart, tech-enabled projects with a lot of green spaces.
Population (2020 estimates) - 2,11,489
Average property price - INR 18,800 per sq ft
- Kandivali East – The most significant advantage of living in Kandivali East is the short commute to industrial centres like Akurli Industrial Estate and Charkop Industrial Park. It is definitely among the top choices for homebuyers in Mumbai these days. The Western Express Highway and the Coastal Road offer excellent connectivity to the rest of the city.
Population (2020 estimates) - 2,55,480
Average property price - INR 17,000 per sq ft
- Pant Nagar – Another Mumbai neighbourhood that has seen considerable interest is Pant Nagar. Young professionals and families are looking to move to this locality due to easy access to schools, colleges, offices, and banks. The Ghatkopar metro station offers easy connectivity to Pant Nagar.
Population (2020 estimates) - 1,46,056 (Ghatkopar including Pant Nagar)
Average property price - INR 18,850 per sq ft
- JB Nagar - The Andheri-Ghatkopar Link Road connects JB Nagar near Chakala with the rest of the city. Andheri East is one of the most coveted residential neighbourhoods of the city. This calm and serene residential locality has witnessed a rise in business enterprises and commercial establishments over the past few years. It is no wonder young working professionals are buying residential properties in this locality.
Population (2020 estimates) -5,52,756
Average property price - INR 20,600 per sq ft
- Dadar - Mumbaikars recognise Dadar as the heartland of Maharashtrian culture in this teeming metropolis. It is one of the oldest planned neighbourhoods, and the high rises of Dadar continue to be a prevalent choice among homebuyers. While some of the old mills of Mumbai are no longer functional, a number of shopping centres, offices, and eateries have now come up in Dadar.
Population (2020 estimates) - 89,118
Average property price - INR 33,050 per sq ft
- Tilak Nagar – Connected by the Harbour Line railway station, Tilak Nagar in east Mumbai is a great choice too. Buying a residential property in Tilak Nagar gives you easy access to the malls and parks in Chembur, offices and commercial centres, and several entertainment centres. The Tilak Nagar Railway Station connects this neighbourhood and the rest of Chembur with other parts of Mumbai.
Population (2020 estimates) - 50,899
Average property price - INR 18,350 per sq ft
- Jogeshwari West - The Jogeshwari–Vikhroli Link Road (JVLR) connects Jogeshwari to central Mumbai. This beautiful locality is very close to the international airport. It has excellent hospitals, diagnostic centres, restaurants, community centres, schools, shopping centres, and malls. Some of the best-gated communities of Mumbai have come up in this area.
Population (2020 estimates) - 1,27,806
Average property price - INR 18,350 per sq ft
Mumbai is a city of resilient, industrious, and life-affirming people who love the vibrancy of this city. Every locality in Mumbai reflects this spirit and dynamism. Proximity to work, schools, medical facilities and essential amenities are the most important factor in choosing the best residential neighbourhood in Mumbai.