Flats in Bandra, Mumbai, are premium real estate, with prices typically ranging from ₹40,000 to ₹80,000 per square foot. A 3 BHK flat generally starts around ₹3.5 crores and can exceed ₹8 crores, depending on the specific location, amenities, and view. Luxury, sea-facing, or larger apartments can command even higher prices.
Flats in Bandra are expensive due to coastal location, lifestyle amenities, limited land availability, steady long-term demand, and proximity to business hubs.
Mumbai flat prices in Bandra and Juhu can range from INR 40,000 to INR 80,000 per square foot, placing them in the premium category. Andheri and Goregaon offer slightly more affordable options, with average prices between INR 25,000 and INR 50,000 per square foot.
According to the latest available data, 3 BHK flats in Bandra are available for prices ranging from ₹3.5 crores upwards and more than ₹8 crores depending upon the locality, amenities, and condition of the property.
Rs 700 CR APARTMENT DEAL Leena Gandhi Tewari, one of India's richest women and chairperson of USV Pharma, bought two sea-facing duplexes in Mumbai's Worli for &703 crore — the costliest apartment deal in India!
Things NO ONE Tells You About Owning a Flat in Mumbai
What salary is needed to live comfortably in Mumbai?
For a single person, the living expenses in Mumbai largely depend on lifestyle and location. A modest lifestyle in a suburban locality may cost around ₹30,000–₹50,000 per month, whereas a more urban lifestyle in areas like Bandra or Lower Parel could easily push that to ₹70,000–₹90,000.
Bandra is lovingly called the "Queen of Suburbs". It is one of the most sought-after locations in Mumbai. This area is famous for its posh residential choices and is home to numerous Bollywood celebrities. It makes the place a hotspot for luxury real estate.
He is the owner of two properties, one in Mumbai and the other in Gurgaon, also known as Gurgram. The cost of Virat Kohli's Mumbai house is about 34 crore.
Mumbai's stature as India's financial capital is mirrored by its real estate market, which continues to attract premium buyers looking to buy flat in Mumbai in 2025. The city offers a rare confluence of cultural heritage, economic opportunity, and lavish living spaces, making it the best place to buy flat in Mumbai.
Mumbai is far more affordable than New York – for most things. Movie tickets, taxi trips, and fancy dinners cost 17% to 33% less in India's financial capital than they do in the Big Apple, according to latest data by Deutsche Bank's research arm.
Shah Rukh Khan's iconic Mannat is a most popular spot in Bandra. Salman Khan's residence Galaxy Apartments is another famous celebrity home. Ranbir Kapoor, Alia Bhatt, and several other celebrities also lives in Bandra. Kareena Kapoor Khan and Saif Ali Khan live in Bandra with their family.
Ans: How much salary is needed to live comfortably in Mumbai? A comfortable lifestyle in Mumbai typically requires a monthly salary of at least ₹30,000 to ₹50,000, depending on your living standards and accommodation choices.
💵 The Original Billionaires' Row. Situated in South Mumbai, Altamount Road is renowned for its opulent residences and ranks among the world's most expensive streets.
Shah Rukh Khan is significantly richer than Virat Kohli, with his net worth estimated around $1.4 billion as of late 2025, making him India's richest celebrity, while Virat Kohli's wealth is estimated in the hundreds of millions, though he often leads in brand value, according to sources like the BBC https://www.bbc.com/news/articles/c1ed21d5ezno, Zee News https://zeenews.india.com/photos/sports/cricket/battle-of-kings-who-has-a-higher-net-worth-between-virat-kohli-shah-rukh-khan-2944127, and the Hurun India Rich List https://www.bbc.com/news/articles/c1ed21d5ezno, Bollywood Life. Khan's wealth comes from decades in Bollywood, Red Chillies Entertainment, and the Kolkata Knight Riders, whereas Kohli earns from cricket, numerous endorsements, and businesses like One8.
Cricketer Virat Kohli and actor Anushka Sharma have purchased a significant land parcel of over 5.19 acres in Alibag for Rs 37.86 crore. This acquisition in Zirad village marks their second land purchase in the coastal town, following an 8-acre plot acquired in 2022.
At the top of the list is MS Dhoni, who owns a ₹100 crore farmhouse in Ranchi. It has its own gym, indoor stadium, and lots of greenery, perfect for peace and privacy.
Some of the costliest areas in Mumbai include Cuffe Parade, Pali Hill, Bandra, Malabar Hill and Colaba. However, it is worth noting that the high real estate prices do not necessarily indicate a booming property market.
The part of Bandra located on the western side of the railway line developed into a fashionable suburb by the middle of the 20th century. Film director Mehboob Khan established the Mehboob Studios here in 1954. Soon the area became a center for the Indian movie industry, Bollywood.
Fortune Heights – Home to Kareena Kapoor & Saif Ali Khan. Hrithik Roshan's Bungalow – A luxury home in Bandra. Galaxy Apartments – Salman Khan's residence (located in Bandra, near Pali Hill).
Highest reported salary offered in Mumbai is ₹368.4lakhs. The top 10% of employees earn more than ₹37.1lakhs per year. The top 1% earn more than a whopping ₹58.3lakhs per year.
