Top 5 Locations and Posh Areas in Mumbai

As the Mumbai Metropolitan Region spreads its horizons across a wide area of 6328 sq km, each division within has something unique to offer. This abundance has enticed people from all over the world to appreciate this city, while it’s rather a privilege to experience life as a Mumbaikar. With such intense characterization of this city, the residential domain has been developed under the jurisdiction of MMRDA(Mumbai Metropolitan Region Development Authority) bifurcated into 9 municipal corporations.

Greater Mumbai is widely recognized as one of the posh areas in Mumbai owing to its establishment into an urban area since the colonial period, also ranking high on the Global Property Index. Although this area is the most sought-after location, the inflated realty prices often neutralize the living experience. However, rapid industrialization has subsequently led to burgeoning residential areas in Mumbai scattered across other districts such as Thane, the Western Suburbs, and the Mumbai Suburban District. These zones have upgraded the real estate market with quality premium projects that promise a luxurious lifestyle and strengthen Mumbai luxury real estate demand.

We have compiled a list of top residential areas in Mumbai from these sectors which are still untapped in the real estate market that substantiate the best living and Return on Investment:

1. Thane

Thane city is a major metropolitan of the Thane district along with its satellite towns. Located in proximity to Mumbai City, this city is the perfect junction that connects the outskirts and other parts of the MMR. Under the governance of the Thane Municipal Corporation, this area has been strategically developed to accommodate an extensive commercial sector, advanced physical infrastructure, and a harmonious residential zone.

Owing to these factors, the luxury segment in Thane is a hot commodity while also offering a reasonable price range per sq ft. Some of the remarkable luxury residential projects in Mumbai located here include Godrej Pine, Godrej Exquisite, Godrej Nirvaan, Godrej Edenwoods, and Godrej Emerald.

2. Chembur

Chembur is one of the central points of Mumbai that has branched out its connectivity to the Western, Central, and Harbour Lines seamlessly. With the Mumbai Monorail initiating from Chembur and the Mumbai Metro in the adjacent locality of Ghatkopar, the time efficiency of this area is of optimum convenience.

Chembur has also developed into a high-functioning suburb under the Mumbai Suburban District that hosts prominent schools, colleges, and hospitals. The residential complexes create a gated community feel, while several PSUs located in Chembur contribute to high property value. The Godrej RK Studio property, Godrej Prime, Godrej Central, and Godrej Serenity offer premium luxury flats in Mumbai in this area.

3. Vashi

Navi Mumbai is the planned city under the MMR that has been transformed into an urban sector from a cluster of villages as an alternative to the Mumbai experience.

Vashi is one such prominent area in Navi Mumbai that is closest in proximity to Mumbai City and has been developed under CIDCO and NMMC. With corporate hubs, educational institutions, malls, eateries, and hospitality services, Vashi is a self-sufficient location, making it one of the best residential areas in Mumbai for long-term living and investment.

4. Andheri and Chandivali

Andheri is a well-known locality in Mumbai, home to production houses, celebrities, and major corporate hubs. Beyond the glamour, Andheri is known for its exuberant standard of living and offers some of the finest luxury apartments in Mumbai, with Godrej Waldorf being a prominent residential address.

The nearby upmarket residential area of Chandivali is another posh locale offering luxurious projects and a plush living ambience. Godrej Urban Park is one such high-rise development that stands out prominently.

5. Cuffe Parade

Cuffe Parade falls under the South Mumbai (SoBo) region and, along with Nariman Point, forms the Greater CBD area. It is considered one of the city’s key business districts with several commercial and residential skyscrapers. Property values here rank among the highest in the city, making it a prime destination for those seeking luxury residential projects in Mumbai and a refined lifestyle.

Godrej Glenelg is an exquisite modern architectural development in this locality, offering some of the finest residences.