Those looking for a house to purchase in Mumbai often come across the fact that it is India’s most expensive residential real estate market. But there are many amazing localities in Mumbai where finding a house that fits your budget and preferences can be an easy task.
Such localities in Mumbai offer affordable housing options without compromising on the quality of life and amenities. Better yet, they are in a constant state of urban development, resulting in many new promising projects coming up every now and then. So, what are the top five localities in Mumbai that you should consider for a house on an affordable budget? Let us find out in this blog.
Kandivali West is a well-developed residential area in the western suburbs of Mumbai, with good connectivity to other parts of the city via rail and road. The locality has a mix of high-rise apartments and independent houses, with prices ranging from Rs. 6,000 to Rs. 32,000 per sq. ft. The locality also has many schools, colleges, hospitals, malls, and parks nearby, making it a convenient and comfortable place to live. The locality is well-connected by road and rail, with the Kandivali railway station and the Western Express Highway nearby. Kandivali West is also close to the upcoming metro line 2A, which will further improve connectivity and accessibility.
Thane West is one of the most sought-after localities in the Mumbai Metropolitan Region (MMR), with a plethora of housing options ranging from affordable to premium. The locality boasts of a green and serene environment, with lakes, hills, and forests surrounding it. The locality has a variety of housing options, from studio apartments to villas, with prices starting from Rs. 2,000 per sq. ft. and going up to Rs. 33,000 per sq. ft. The locality is well-connected by road and rail, with the Thane railway station and the Eastern Express Highway nearby. Thane West is also close to the upcoming metro lines 4 and 5, which will enhance connectivity and convenience.
Navi Mumbai is a planned city that was developed to ease the congestion and pollution in Mumbai. The city has several localities that offer affordable housing options, such as Kharghar, Panvel, Airoli, and Vashi. The city has emerged as a hub of IT, education, healthcare, and entertainment sectors, attracting many professionals and families. The prices of houses in Navi Mumbai average at around Rs. 9,000 per sq. ft., depending on the location and amenities. The city is well-connected by road and rail, with the Mumbai-Pune Expressway and the Harbour Line nearby. Navi Mumbai is also close to the upcoming Navi Mumbai International Airport, which will boost the real estate market and the economy.
Mira Road is a rapidly developing locality in the northern part of Mumbai, with easy access to the Western Express Highway and the railway station. The locality has a range of housing options, from 1 BHK to 3 BHK apartments, with prices starting from Rs. 3,700 per sq. ft, with the average being around Rs. 9,000 per sq. ft. Mira Road also has many schools, colleges, hospitals, markets, and entertainment zones nearby.
Dombivli is a fast-growing suburb in the eastern part of Mumbai, with a large population of middle-class families and professionals. The locality has a vibrant and lively atmosphere, with festivals, cultural events, and sports activities being organised regularly. The locality has a good supply of affordable housing options, from 1 RK to 2 BHK apartments, with prices averaging at Rs. 7,000 per sq. ft. The locality is well-connected by road and rail, with the Dombivli railway station and the Kalyan-Shilphata Road nearby. Dombivli is also close to the upcoming metro line 12, which will increase the connectivity and convenience.
These are some of the top localities in Mumbai that provide houses at an affordable budget. If you are looking for a house in Mumbai that suits your needs and wallet, you can consider these localities as your potential destinations. Whether you are looking for a spacious apartment, a cosy studio, or a luxurious villa, these localities have something for everyone.
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