1. Malabar Hill. Malabar Hill is not just Mumbai’s but India’s most exclusive residential address, where most of the residents are billionaires and millionaires. Apart from luxurious condos and penthouses, the hillock area also has few marquee properties priced at Rs 300 crores and above.
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Which part of Mumbai is costly?
The rich people of Mumbai live in some of the most expensive areas of the city. The most expensive street of Mumbai is Altamount Road, where several billionaires live. The area is Tardeo. Apart from these, the rich live in Cuffe Parade, Breach Candy, Worli, and Mahalaxmi.
What is the posh area in Mumbai?
1. South Mumbai
| Most Posh Areas in South Mumbai | Average Property Price (per sqft.) |
|---|---|
| Cuffe Parade | Rs.54,800 |
| Walkeshwar | Rs.52,500 |
| Cumbala Hill | Rs.50,300 |
| Tardeo | Rs.41,300 |
Which is best area in Mumbai?
Here are the top 10 posh areas in Mumbai/Mumbai’s posh area names/posh localities in Mumbai, the most inviting neighbourhoods of Mumbai.
- Bandra Bandstand.
- Malabar Hill.
- Altamount Road.
- Hiranandani, Powai.
- JVPD Scheme.
- Pali Hill, Bandra.
- Worli Sea Face.
- Seven Bungalows, Versova.
Which is the most expensive flat in Mumbai?
3 BHK Luxury Apartment in Dadar (West)
| Property Details | Locality | Price (per Sqft) |
|---|---|---|
| ₹ 19 Crore – 19.8 Crore, 4212 – 4443 sq.ft.( 391.31-412.77 sq.m. ), 4 BHK Luxury Apartment in Bandra (West) | 81 Aureate , Bandra (West) | ₹ 44,836/sq.ft. |
Is Dadar a posh area?
The locality also offers the distinction of having an address in a wooded, yet fairly posh area, while at the same time having the conveniences of an affable social infrastructure and fast transit routes. Some aspects of real estate in Dadar: Capital and rental trends. Luxury segment fares well.
Is Madh Island expensive?
Today, properties in Madh fetch anything from ₹ 12,000-15,000 per sq. ft. Buyers are typically investors and non-resident Indians. “Now, just the floor-rise rate—that is the difference in price between a higher and a lower floor—in Mumbai apartments is ₹ 3,000 per sq.
Which is the safest area in Mumbai?
Here are our picks for the most inviting neighborhoods of Mumbai.
- Bandra Bandstand. Bandra is one of the most happening suburbs in the city and the bandstand area is home to the rich and famous.
- Malabar Hill.
- Altamount Road.
- Hiranandani, Powai.
- JVPD Scheme.
- Pali Hill, Bandra.
- Worli Sea Face.
- Seven Bungalows, Versova.
Family of four estimated monthly costs are 1,312$ (98,445₹) without rent.A single person estimated monthly costs are 371$ (27,853₹) without rent. Navi Mumbai is 72.06% less expensive than New York (without rent).
Is South Bombay rich?
Billionaire Mukesh Ambani‘s $1.5 billion home Antilia is located here and is now a part of the iconic skyline. Most residents of South Mumbai belong to old money business, law, trade and fashion families.
South Mumbai.
| South Mumbai Old Mumbai / Mumbai City District | |
|---|---|
| • Body | MCGM |
| Area | |
| • Total | 67.7 km2 (26.1 sq mi) |
| Population (2011) |
Where do middle class live in Mumbai?
Chembur is one of the best localities to live or purchase the property for a middle-class family in Mumbai. The localities in the South Mumbai region are highly expensive such as Malabar Hills, Bandra, Worli and other parts like Andheri, Powai, etc are out of reach for a middle-class family.
Where do celebrities live in Mumbai?
- Imran Khan : Bungalow at Pali Hill, Bandra (West).
- Ishrat Ali : A6/601, Al Madina, Millat Nagar, Andheri (West), Mumbai – 400053.
- Ila Arun : 401/Paradise Apartment, 7th Road, Santacruz (East), Mumbai 400055.
- Irrfan Khan : 172, Yugdharma, Malad Goregaon Link Road, Opposite Inorbit Mall, Goregaon West, Mumbai 400062.
Is Malabar Hill posh area?
Malabar Hill is among the most expensive areas in Mumbai. Most of the people live here are from business. Many of them now are settled in the USA. The most notable personalities living in Malabar Hill are Adi Godrej, Birla Family, Mahes Jethmalani, Pallonji Mistry, Jindal Family, etc.
Where do rich live in Mumbai?
Where do rich live in Mumbai? Malabar Hill, Juhu, Bandra West, Bandra Kurla Complex are the havens for the rich people in Mumbai.
Who lives in Malabar Hill?
Notable residents include Adi Godrej, Cyrus Broacha, the Birla family, Shashi Ruia & family, Pallonji Mistry, the Jindal family, the Petit family, the Shah family, the Thakkar family etc. As of 2014 it is one of the most expensive areas in the world regularly featuring in the top 10 world wide localities.
Why South Mumbai is so expensive?
A combination of factors such as distance from the prime South city centres to the suburbs, coupled with lack of robust infrastructure connecting these places, has led to prices surging in the prime city centres and the immediate peripheries such as Prime North (Bandra-Juhu) and South Central (Byculla-Chembur).
Why Mumbai is so costly?
Apart from that, Mumbai is actually cheaper for food and transport compared to other Indian metro cities.The major reason why Mumbai is expensive is due to the high land costs. Residential and commercial spaces in Mumbai come at a high price.
Which is the cheapest place to live in Mumbai?
Malad is regarded as the cheapest residential area to live in Mumbai. Burgeoning demand for household hubs and good accommodations for the upper-class and middle-class population has been soaring. Malad connects with other major locations by SV Road, Link Road, and NH-8 Ferry.
Is Andheri West expensive?
Property prices in Andheri West are around Rs 23,200 per sq ft.Precisely, property values in Andheri West are significantly higher as compared to Andheri East. The prices for luxury developments in Andheri East start at Rs 2 crore and may go up to Rs 6 crore.
Who is the owner of Madh Island?
Demographics
| Madh Fort | |
|---|---|
| Architectural style | Portuguese Colonial |
| Location | Malad, Mumbai |
| Coordinates | 19.132283°N 72.794785°E |
| Owner | Indian Air Force |
Who lives in Madh Island?
The Kapil Sharma Show star keeps her fans glued to her Instagram with fun posts either of her domestic help Bhagyshri or taking a walk in her lush green garden. Archana Puran Singh and Parmeet Sethi are proud owners of a lavish bungalow in Madh Island.
