Mumbai, the city of Bollywood dreams is known to reward anyone with the tenacity to work hard and persevere. It is also the city where employment opportunities are ever-growing. Everyone who arrives into this magical city, dreams of, one day owning a home here. From renting flats in Thane, Juhu and Bandra, to becoming home-owners in Mumbai; it is the surest way to know you have arrived. Here are the best localities in Mumbai where you should rent/own a home.
Bandra: The Queen of Suburbs and the home of Bollywood stars, Bandra is one of Mumbai’s most expensive localities. Properties in Bandra, especially in its western side have always been in great demand. Bandra is known for its elite schools and posh gated societies. Getting to either sides of Mumbai, South or North is very easy from Bandra, thanks to its great transport network and infrastructure. The Bandra-Kurla Complex is one of the poshest localities in Mumbai and home to several corporate conglomerates.
Worli: Known popularly for the Queen’s necklace and the immensely famous Worli Sea Face, Worli is one of the best-connected Mumbai localities. Worli is strategically located at the centre of two of Mumbai’s significant business districts i.e. the Bandra Kurla Complex and Nariman Point. It also got a face-lift after the Bandra-Worli sea-link became operational, linking the two best parts of the city to one another.
Juhu: Regarded as India’s Beverly Hills, Juhu is home to the rich and famous of Mumbai. The other side of Juhu is the iconic Juhu Beach, visited by every tourist who’s set foot in this city. Juhu properties are highly in demand all the time. The prices, like its buildings, are also always sky-high. Certainly one of Mumbai’s prime properties, living in Juhu can be an expensive affair.
Thane: Real estate developers in Thane like Godrej Properties, Hiranandani Constructions, T Bhimjyani Realty and Piramal Realty have realized Thane’s potential as Mumbai’s top locality. What Thane lacks in terms of beaches (unlike the other names on the list), it more than makes up with its superior infrastructure and flawless amenities. In the last few years, Thane has become an up-and-coming locality, with investments from the affluent communities of Mumbai. Owing flats in Thane localities like Neelkanth Woods by T Bhimjyani Realty has become a status symbol. Thane is where luxury is affordable.
Powai: Regarded as a city in itself, Powai is another plush area which is best known for the serene Powai Lake. Homes in Powai are huge, when compared to other parts of the city. Today, Powai is one of Mumbai’s most happening hot-spots. This area in the north-eastern part of Mumbai is also known for its clubs, lounges and fine-dine restaurants. But if you’re thinking of buying a home here, be prepared to shell out a lot of money.