Records don’t stand long in Mumbai’s real-estate market. The latest to set a new mark is a sea-facing triplex penthouse in South Mumbai’s Napean Sea Road locality with a Rs 202-crore deal, the biggest ever for a residential apartment in the country.

Why is Bandra 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).

Where do millionaires live in Mumbai?

Malabar Hill isn’t only Mumbai’s most affluent neighbourhood, but also India’s most exclusive residential address, with the bulk of residents being billionaires and millionaires. additionally to luxurious condos and penthouses, the hillock area contains a few marquee properties priced at Rs 300 crores and above.

Is South Bombay rich?

It extends from Colaba to Mahim and Sion neighbourhoods, and comprises the city’s main business localities, making it the wealthiest urban precinct in India. Property prices in South Mumbai are by far the highest in India and among the highest in the world.

Where do most celebrities live in Mumbai?

Top 10 Bollywood Celebs Homes

Prateeksha: 10th Road, JVPD scheme, Juhu, Mumbai. …
Address: 3, Galaxy Apartment, Carter Road, Bandstand, Bandra (West), Mumbai 400050. …
Address: Belscot, bungalow number 5, Lokhandwala Complex at Andheri. …
Address: 27/Krishna Raj, Pali Hill, Bandra (West), Mumbai 400050.

Which is better Juhu or Bandra?

Go with Bandra. Juhu has one road that goes through it that is filled with traffic most of the day. It has several hotels and a few restaurants but that is about it. Bandra, on the other hand, has many restaurants, stores, and resembles a proper community.

Is Andheri East expensive?

The prices for luxury developments in Andheri East start at Rs 2 crore and may go up to Rs 6 crore. A 1 BHK unit measuring 500-700 sq ft in Andheri West would earn a monthly rent of Rs 25,300-30,000, while a 2 BHK unit with a carpet area of 800 – 1,000 sq ft might attract Rs 43,000-50,000 per month.

Is Goregaon a posh area?

Locality. Goregaon is one of the safest localities in Mumbai. The locality is not just safe but also posh. New residential projects in Goregaon are mostly luxurious. The construction of luxury residential projects in Mumbai is most noticeable in Goregaon.

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 Santacruz a posh area?

Santa Cruz (West) is strikingly more affluent than the eastern part of the suburb. It is bordered by Khar, Bandra, Juhu and Vile Parle. It is primarily a residential area, with the market situated near the railway station.

Which is better Bandra East or West?

If you are looking for short-term appreciation, then invest in Bandra West since it is a developed locale. However, if you are willing to stay in the market for long and reap higher capital returns, then you should consider Bandra East.”

Who owns the most expensive house in Mumbai?

Antilia (building)

Antilia
Completed	2010
Opening	2010
Cost	US $2.6 billion
Owner	Mukesh Ambani

Is Powai a posh area?

Posh residential areas in Mumbai include Altamount Road, Cuffe Parade, Powai, Tardeo, Breach Candy, Mahalaxmi, and more.

Where do CEOS live in Mumbai?

India’s chief executives can have their pick of places to live in, such as south Mumbai and the posh enclaves of south and central Delhi. Apart from that, premium Mumbai high-rises such as Sterling Apartments on Pedder Road, Samudra Mahal in Worli and NCPA Apartments in Nariman Point have been favoured haunts.

Who is rich in Mumbai?

Mukesh Ambani – $102 billion The wealthiest person in India, Mukesh Ambani of Reliance Industries occupies the Tenth slot in the world’s richest persons’ list. Mukesh Ambani has a net worth of $102 billion.

Where do Indian billionaires live?

Top 3 cities in India with highest number of millionaires With 20,300 millionaires (USD) households, Mumbai is India’s millionaire capital, followed by Delhi and Kolkata with 17,400 and 10,500 millionaire households respectively.

About Author

oliviajones

Add a Comment

You must be logged in to post a comment.

What is the most expensive place to live in Mumbai?

Which is the best area of Mumbai?

Which is the most expensive flat in Mumbai?