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WHICH PART OF MUMBAI HAS THE HIGHEST PROPERTY PRICE?

WHICH PART OF MUMBAI HAS THE HIGHEST PROPERTY PRICE?

 

Everyone knows that Mumbai is the financial capital of India. Mumbai city is an investment hotspot of each sector and generates a lot of employment opportunities here. Mumbai also offers many good investment options in properties at all price ranges. Although prospective buyers must be ready to look in the outer boundary too if they are in search of budget homes and apartments. Property price changes with differences in the kind of framing in Mumbai like- demand, connectivity, and other things which are related to daily life. All real estate, you can search and buy easily with the help of a HONESTBROKER.

 

Prices at Popular Localities:-

A few top localities in Mumbai include Dadar West where prices are approx Rs 35,000 per square foot on average and followed by Matunga at Rs 30,000 per square foot. Dadar East with an average property rate of Rs 30,000 per square feet and around the same at Bandra East. At Bandra East you can even choose a property for an average rate of approx Rs 28,000 per square foot. All these localities have a liveability ratio of 9.8 or above on a scale of 10. It means that social infrastructure in the form of hospitals, schools, colleges, hangouts, shopping complexes, provision stores, and other requirements are in close vicinity. Physical infrastructure such as connecting commutes, roads, and transport facilities is also enough in these areas which collect such a high livability score.

 

If you are looking for an investment in properties in Mumbai, there are always lakhs of properties available in the Rs 15-25 lakh category. The next unanimous budget section is Rs 25-34 lakh and there are around good numbers of properties in this range. There are over 11,000 properties around Mumbai in the price range of Rs 35-55 lakh.

If you are looking for villas in Mumbai and you are not able to find a property as you want, you should visit HonestBroker.  There are always 100’s of new projects and resale properties in all price ranges are available, including high demand projects priced between Rs 20 lakh to Rs 45 crore. Lonavala Thane West, Kalina, Boisar, Andheri West, Khandala, Vasai, Dombivali East, New Panvel, Goregaon West, Uran, are some of the popular places you can consider living with your family.

 

Highly Recommended Residential Areas In Mumbai:-

JUHU:-

This is considered a very high and exclusive area in Mumbai. You know a locality is upmarket when it is lovingly referred to as the {BHB} “Beverly Hills of Bollywood”. Surrounded by the Arabian Sea to the west. Here most popular Bollywood celebrities are living with their families. If you also want to become a part of JUHU, you can search on HonestBroker, an online website to buy homes, apartments, and flats.

BANDRA:-

Located in the western city area of Mumbai, Bandra is the 3rd largest commercial hub of Maharashtra. Some of the most important places in Bandra include Pali Hill, Carter Road, and Bandra Kurla Complex. Often known as the Queen of Suburbs, Bandra is also famous for its broad range of high-end cafes, pubs, and restaurants. You will also find Mumbai’s highly fashionable markets at Linking Road and Hill.  

WORLI:-

A former fishing village of Mumbai, there are seven islands in Worli. Its world-class and central location framing has transformed it into a municipal residential hub. Moreover, it connects the  Nariman Point to Bandra Kurla Complex, and both are important commercial hubs in Mumbai. That is why Worli has transformed into one of the costliest areas in Mumbai. If you are looking for a home/ flats/ apartment in WORLI Mumbai, HonestBroker can provide properties all over Mumbai.

 

Price trends of Mumbai and its local areas:-

City 

Price range in Rupees per sq ft  

Avg price per sq ft

Mumbai

200 - 78,571 / sq ft

  58,116.52 / sq ft

Juhu

367 - 1,25,000 / sq ft

85,144.62 / sq ft

Bandra

200 - 1,20,000 / sq ft 

80,215 / sq ft

Worli

213 - 1,22,026 / sq ft

  74,523.7 / sq ft

Thane West

200 - 1,94,951 / sq ft

1,01,187.33 / sq ft

Mira Road East

678 - 1,97,266 / sq ft     

92,444.61 / sq ft

Kharghar

648 - 1,09,948 / sq ft      

56,700.82 / sq ft

Chembur

1,240 - 48,273 / sq ft         

39,984.16 / sq ft

Kandivali East

219 - 1,72,571 / sq ft

  68,358.17 / sq ft

Powai

750 - 85,308 / sq ft

51,426.88 / sq ft

Goregaon East

714 - 60,771 / sq ft

    36,444.47 / sq f

Dombivali

550 - 17,094 / sq ft

14,877.86 / sq ft

Ulwe

707 - 2,25,193 / sq ft

61,486.98 / sq ft

Andheri East

1,167 - 1,14,444 / sq ft

54,111 / sq ft

Virar

347 - 76,212 / sq ft

11,771.18 / sq ft

Panvel

2,200 - 77,778 / sq ft

27,260.07 / sq ft

Andheri West

1,750 - 1,18,750 / sq ft

61,324.84 / sq ft

Mulund West

3,304 - 32,553 / sq ft

29,609.91 / sq ft

Malad West

3,100 - 40,373 / sq ft

35,24.56 / sq ft

Kalyan West

240 - 24,444 / sq ft

18,820.82 / sq ft

Dahisar

250 - 1,35,333 / sq ft

  63,805.44 / sq ft

Bhandup West

2,411 - 29,195 / sq ft

26,156.95 / sq ft

Kamothe 

590 - 69,091 / sq ft

48,976.97 / sq ft

Borivali East

225 - 1,85,393 / sq ft

74,882.71 / sq ft

Kandivali West

1,083 - 34,762 / sq ft

30,517.83 / sq ft

Malad East

1,167 - 1,50,833 / sq ft

81,481.67 / sq ft

Goregaon West

2,375 - 45,714 / sq ft

  34,218.92 / sq ft

 

Naigaon East

475 - 12,479 / sq ft

10,327.61 / sq ft

Nala Sopara

365 - 21,625 / sq ft     

10,297.36 / sq ft

Kopar Khairane

1,350 - 45,940 / sq ft

  27,563.5 / sq ft

Santacruz East

347 - 85,938 / sq ft

58,105.1 / sq ft

Lower Parel 

2,653 - 1,58,333 / sq ft

67,978.7 / sq ft

Badlapur East

369 - 11,042 / sq ft

9,860.47 / sq ft

Dombivali East

450 - 77,490 / sq ft

50,760.16 / sq ft

Taloja

2,500 - 35,439 / sq ft    

  13,772.47 / sq ft

Kanjurmarg

10,656 - 49,095 / sq ft  

41,165.94 / sq ft

Vasai

2,787 - 37,037 / sq ft

  18,168.85 / sq ft

Badlapur West

381 - 29,197 / sq ft

15,292.92 / sq ft

Wadala

446 - 61,667 / sq ft

43,737.21 / sq ft

Ghansoli

2,429 - 37,860 / sq ft

27,725.83 / sq ft

Vile Parle East

6,667 - 58,333 / sq ft

47,590.01 / sq ft

Neral

1,580 - 10,617 / sq ft

9,437 / sq ft

Bhiwandi

397 - 19,947 / sq ft

15,493.27 / sq ft

Jogeshwari West

6,328 - 35,000 / sq ft

    31,625.39 / sq ft

Parel

446 - 60,606 / sq ft

  51,783.1 / sq ft

Ambernath East

389 - 13,300 / sq ft

  11,831.49 / sq ft

Virar West

421 - 10,862 / sq ft

9,122.95 / sq ft

Seawoods

21 - 25,000 / sq ft

22,112.94 / sq ft

Karanjade

484 - 20,000 / sq ft

16,586.77 / sq ft

Khar West

382 - 74,000 / sq ft

65,31.64 / sq ft

Santacruz West

2,133 - 1,31,938 / sq ft

73,994.54 / sq ft

Mulund East

200 - 41,641 / sq ft

28,434.07 / sq ft

 

Vikhroli

610 - 74,299 / sq ft

42,812.12 / sq ft

Sion

1,677 - 48,111 / sq ft   

42,630.25 / sq ft

Nerul

2,157 - 40,000 / sq ft

  22,541.16 / sq ft

HonestBroker