From Chai to High Life: 11 Best Places to Live in Mumbai for Every Budget

Mumbai, the city that never sleeps, is a place where dreams are made, stereotypes are broken and to an extent, the future of thousands of Indians is built. If you are one of those aspiring dreamers moving to Mumbai, then you will need to research long and hard to find the best place to live in Mumbai.

Fortunately for you, we have done all of the research to give you some of the best places you can live in Mumbai. These are places with amazing infrastructure, open spaces (which are a rarity in the city), great parks and facilities and residential layouts that are the stuff of dreams. If you are looking for posh areas in Mumbai, some of them are listed as well. So, take a look and make your decision.

#1 Worli

Worli is arguably the best area to live in Mumbai. It has undergone a significant transformation from a fishing village to a posh residential area, making it one of the most sought-after neighbourhoods in the city. Modern facilities, luxury apartments, traditional religious places, and skyscrapers housing the headquarters of major companies saturate the area.

• Schools: Sacred Heart High School, D Y Patil International School, Gokul English Primary School, Greenlawns School Worli, etc.
• Companies: Siemens, CEAT, Novartis, Deloitte, TATA, GSK Pharma, and many more.
• Hospitals: M. A. Podar Hospital, ESIS Hospital, Worli Hospital for Women, Dr. Tilak Hospital, etc.
• Shopping Malls: Palladium Mall, The Atria Millennium Mall, B.R. Gawde Market, etc.
• Parks for recreation: Shastri Garden, The Cliff, Bhagvan Mahavir Garden, etc.
• Places to visit: Worli Fort, Worli Sea Face, Prabhadevi Beach, etc.
• Rental and real-estate prices:

#2 Bandra

Popularly known as the Queen of Suburbs, Bandra is one of the best places to live in Mumbai. It has a reputation for being home to some of the most popular actors and actresses. The area boasts a surreal nightlife with several five-star restaurants and pubs where you might spot celebrities.

• Schools: St. Stanislaus High School, Arya Vidya Mandir High School, St. Andrew's High School, Bandra West School, etc.
• Companies: Citigroup, Google IBM, Standard Chartered, Emdrix Pharmaceuticals Pvt Ltd, Avon Engineering Company, and many more.
• Hospitals: Lilavati Hospital and Research Centre, Bhabha Hospital, Mandar Hospital, Parekh Eye Hospital, etc.
• Shopping Malls: Link Square Mall Bandra West, Sona Shopping Centre, Veena Beena Shopping Center, etc.
• Parks for recreation: Joggers Park, Almeida Park, Guru Nanak Park, etc.
• Places to visit: Bandra Fort, St. Andrew's Church, Love Mumbai, Bandra–Worli Sea Link, etc.
• Rental and real-estate prices:

#3 Lokhandwala

Lokhandwala is probably the most popular residential locality among aspiring filmmakers and youngsters due to its proximity to many production houses, Versova Beach, and Rock Beach.

In recent years, it has become a commercial and real estate hub because of its location and excellent connectivity. It is suitable for aspiring filmmakers, bachelors, students, and families, offering well-equipped residential facilities.

• Schools: Little Wonder International Mumbai, AlphaKids, Bhaktivedanta Swami Mission School, and many more.
• Companies: Heighten Trading Company, Vibrant Content Pvt Ltd, Bygging India Limited, Omega Petroenergy Pvt Ltd, etc.
• Hospitals: Sanghavi Hospital, Aashirwad Hospital, Kulkarni Hospital, Shiv Jyotish Hospital, etc.
• Shopping Malls: Kamadhenu Shopping Centre, RNA Shopping Centre, Fantasy Collections, etc.
• Parks for recreation: Lokhandwala Complex Garden No.4, Pramod Mahajan Playground, Bianca Park, etc.
• Places to visit: Swami Samarth Temple, Lal Sai Mandir, Versova Beach, etc.
• Rental and real-estate prices:

#4 Andheri

Andheri can be described as one of the best residential localities in Mumbai, offering some of the best and most affordable housing areas like Chakala, JB Nagar, and Marol Naka. It is well-connected with metro lines and provides a plethora of amenities in every nook and corner. The area also houses many big offices and corporations, making it suitable for students, office-goers, and families looking for affordable places.

• Schools: Bombay Cambridge International School, Divine Child High School & Junior College, Canossa High School, St. Xavier's High School, etc.
• Companies: Syntel, Mastek, Bombay Ammonia & Chemicals Company, Servify company, and many more.
• Hospitals: SevenHills Hospital, Holy Spirit Hospital, Shakuntala Memorial Hospital, etc.
• Shopping Malls: Prime Mall, Rajwadi Shopping Centre, Shreepal Complex, Crystal Point Mall, etc.
• Parks for recreation: Ashok Kamte Park, Exercise Park, Lallu Bhai Park, etc.
• Places to visit: Mahakali Caves, Holy Family Church Andheri, Ramesh More Udyan, etc.
• Rental and real-estate prices:

#5 Malad

Malad is located between Andheri and Goregaon and is one of the best places to live in Mumbai. It is vast, well-developed, and a pleasant residential locality. Filled with shopping centres and cafes, it provides a lively, upbeat vibe. It is also affordable and filled with many amenities.

• Schools: VIBGYOR High School, Billabong High International School, Shri Balaji International School, Milestone International School.
• Companies: Kubic Technology, Mindspace, Alacrity Technologies, Bimal Pharma, Credence Analytics.
• Hospitals: Lifeline Multi-speciality Hospital, Thunga Hospital, Zenith Hospital, Suchak Hospital.
• Shopping Malls: Infiniti Mall, In-orbit Mall Malad, Vasant Plaza, Kothari Milestone.
• Parks for recreation: Rajiv Gandhi Udyan Public Park, Sai Baba Park Garden, Pushpa Park, Ali Talao Park.
• Places to visit: BMC Podar Park, Dr. Keshav Baliram Hedgewar Park, Parekh Nagar Garden.

#6 Kandivali

After Andheri, this area could be the number one contender for the best residential locality in Mumbai. It is naturally surrounded by greenery, providing a positive and gratifying environment. There are many schools, colleges, medical facilities, and restaurants in close vicinity to this area.

• Schools: Kapol Vidyanidhi International School, Akshara High School, K.B Patil International School, Pawar Public School.
• Companies: Modern MFG, BDH Industries LTD, BDM Infotech, Ajanta Pharma LTD
• Hospitals: Sanchaiti Super-Speciality Hospital, Shatabdi Hospital, DNA Multi-speciality Hospital, Lotus Multi-speciality Hospital.
• Shopping Malls: Growel’s 101 Mall, Raghuleela Mega Mall, Xth Central Mall, Centrium Mall.
• Parks for recreation: Hindu Hrudyasamrat Shri Balasaheb Thackarey Dream Park, TBAF Jogger’s Park, Shaheed Bhagat Singh Park.
• Places to visit: Sanjay Gandhi National Park, Brahmin Mahanagarpalika Garden, Triveni Garden.
• Rental and real-estate prices:

#7 Chembur

Chembur has an intricate network of housing localities and is linked to major commercial hubs like BKC, Sion, and Ghatkopar. It is one of the best places in Mumbai to live. Being one of the oldest localities in the city, it is very suitable for families and office-goers. Students can also easily live in this area as travelling becomes convenient due to its excellent connectivity.

It has a Monorail line that connects it up to Dadar and Lower Parel, besides being very close to Ghatkopar metro station and having a Mumbai local station of its own.

• Schools: JBCN International School, St. Gregorios High School, St. Sebastian’s High School, Loreto Convent School.
• Companies: ACC Indian PVT LTD, Amrut Software PVT LTD, MSCDA Ltd, Shree Vaishnav Alloys PVT LTD, Kirloskar Pneumatic Company Ltd, Medigraph Pharmaceuticals Pvt, Ltd
• Hospitals: Zen Multi Speciality Hospital, SRV Hospital, Inlaks General Hospital, Shree Hospital, Sai Hospital.
• Shopping Malls: K Star Mall, Cubic Mall, Fashion World, Dmart PUP, 505 The Central, RNA Complex.
• Parks for recreation: Chimni Garden, Ambedkar Garden, Bhakti Park, IIPS Children’s Park.
• Places to visit: Borba Devi Udyaan, Rock Garden, Diamond Garden.
• Rental and real-estate prices:

#8 Powai

If Bandra is the queen of suburbs, then Powai can be said to be the princess of suburbs. The streets of this place literally glitter with the fanciest showrooms, the best apartments in the country, and some of the most happening restaurants and bars. It is home to IIT-Mumbai and is well-connected to the Navi Mumbai region.

• Schools: Bombay Scottish School, Podar International School, Hiranandani Foundation School, Powai English High School, Gopal Sharma Memorial School.
• Companies: Orion Innovations, Wipro Ltd Foundations, Cognizant, Hiranandani Group of Companies.
• Hospitals: Hiranandani Hospital, Powai Polyclinic & Hospital, Dr LH Hiranandani Hospital, Nihal Nursing Home, S.B. Nursing Home & Hospital.
• Shopping Malls: Powai Plaza, Heera Panna Shopping Centre, XL Plaza, Galleria Mall.
• Parks for recreation: MCGM Nirvana Park, Forest Park, Deer Park, Heritage Garden.
• Places to visit: Powai Lake, Hiranandani Garden, Ambrosia Garden.
• Rental and real-estate prices:

#9 Goregaon

A unique housing locality that is very close to nature and away from all the clamour and tumult of city life. It is an organized upscale locality with an appropriate number of amenities.

Primarily known for the famous Dada Saheb Phalke Film City, which employs more than half of the actors, cinematographers, filmmakers, set and spot boys of the city, it is also equipped with an IT corridor and is considered an important commercial hub.

• Schools: Oberoi International School, Mount Mary High School, Lakshdham High School, St. John’s Universal School, GES English Medium School.
• Companies: Sanver India PVT LTD, NCC Telecom PVT LTD, Sunways India, Hiralal & Company, Freestone Infotech Private Ltd, Spine Technologies.
• Hospitals: SVR Hospital, Kapadia Multi-Speciality Hospital, Radha-Krishna Hospital, Vedant Hospital, Lifeline Medicare Hospital.
• Shopping Malls: Hiren Shopping Centre, Orchard Mall, Alankar Shopping Centre, Gokuldham Shopping Centre.
• Parks for recreation: Aarey Bhaskar Garden, Brahma Kumari Garden, Jayprakash Narayan Udayan, Wagheshwari Park.
• Places to visit: Chotha Kashmir Boat Club, Nana Saheb Park, Yashodham Muncipal Park, P L Deshpande Garden.
• Rental and real-estate prices:

#10 Juhu

This is not the busiest but the most affluent suburb in Mumbai. The Juhu Beach and the line of residential properties owned by celebrities make this area suitable for expats who enjoy a similar lifestyle. Like other areas, schools, restaurants, and market areas are available to ensure a convenient stay.

It is also home to Bollywood celebrities like Amitabh Bachchan, Govinda, Raveena Tandon, and many more. The famous ISKCON temple is also situated in Juhu. If you work or study nearby, you can look for a PG or rent out a flat in Vile Parle, which is cheaper than Juhu.

• Schools: Ecole Mondiale World School, Utpal Shanghvi Global School, Utpal Shanghvi Global School, Billabong High International School.
• Companies: Catalyst Pharma Consulting, Kotak Mahindra, Woodlands Food & Beverages Pvt Ltd, Bookmyshow.com.
• Hospitals: CritiCare Asia Multispeciality Hospital, Sujay Hospital And Research Center, Lotus Eye Hospital, Benz Hospital.
• Shopping Malls: D B Mall, Jevani - The Designer Mall, Amrapali Shopping Centre.
• Parks for recreation: Pushpa Narsee Park, Kaifi Azmi Udayan, Juhu Garden, Kishore Kumar Park, Beach Garden.
• Rental and real-estate prices: 

#11 Parel

Parel is one of the best places to live in Mumbai. It is a centrally located neighbourhood that is well-connected to the rest of the city. Parel is also home to some of Mumbai’s best schools, hospitals, and malls.

If you are looking for a safe and secure neighbourhood to live in, Parel is a perfect choice. The crime rate in Parel is very low, and the community is tight-knit. There are also a number of security guards and CCTV cameras present in the area.

• Schools: ORCHIDS The International School, JBCN International School, K.M.S.English Medium School, DSB International School.
• Companies: Tata Consultancy Services, Accenture, Capgemini, Deloitte, Infosys.
• Hospitals: Global Hospitals, King Edward Memorial Hospital, Mansi Maternity and Surgical Nursing Home, Sparsh Children's Hospital.
• Shopping Malls: Phoenix Palladium, Grand Galleria, Center point.
• Parks for recreation: Bhivaji Rao Nare Park, BMC Garden & Children's Park, Lodha Park Garden, Parel Baug.
• Rental and real-estate prices: 

Conclusion

Mumbai has a diverse range of neighbourhoods that cater to different preferences and lifestyles. From posh areas like Worli and Bandra to more affordable yet well-connected localities, Mumbai has something for everyone. 

Chembur and Parel are great options for families and those looking for a safe and secure neighbourhood. Meanwhile, Powai and Juhu offer a luxurious and affluent lifestyle. Kandivali and Goregaon provide a unique blend of nature and urban living. With its rich history, vibrant culture, and numerous opportunities, Mumbai remains one of the most sought-after cities to live in India.