Where is the cheapest place to live in Mumbai?

Which are the most affordable places to live in Mumbai? Some of the most affordable places to live in Mumbai include Airoli, Borivali, Chembur, Ghatkopar, Kandivali, Kurla, Malad, Navi Mumbai, Panvel, and Thane.
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How to live in Mumbai with less money?

Millions of people survive for even less than 35K in Mumbai. 1. Rent your house beyond Mira Road or Kalyan for less than Rs. 10000 pm. 2. Travel by local trains/ bus and auto rickshaw for short distance. 3. Put your children in Non international school. 4. Avoid star hotels and Multiplexes for entertainment.
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Which part of Mumbai is best to live in?

Best Places to Live in Mumbai
  • Mumbai offers a wide variety of localities in Mumbai catering to different budgets and preferences. Here are some of the posh area in Mumbai for families:
  • 1) Bandra (West) ...
  • 2) Andheri. ...
  • 3) Goregaon. ...
  • 4) Mira Road. ...
  • 5) Powai. ...
  • 6) Malad.
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Where to find affordable housing in Mumbai?

Affordable Flats in Mumbai
  • 3 BHK Affordable Flat / Apartment in Panvel, Navi Mumbai. ...
  • 1 BHK Affordable Flat / Apartment in Lower Parel, Mumbai. ...
  • 1 BHK Affordable Flat / Apartment in Kurla East, Mumbai. ...
  • 1 BHK Affordable Flat / Apartment in Aarey Milk Colony, Goregaon East. ...
  • 2 BHK Affordable Flat / Apartment in Dadar TT, Mumbai.
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What is the minimum rent in Mumbai?

The rent shift is indicated in your preferred zone. Mumbai furnishes you with different choices, with the average rent in Mumbai going from as low as ₹5000-₹12000 every month in zones like Navi Mumbai, Thane, and so on to as high as ₹30,000-₹50,000 in territories like South Mumbai, Juhu, and so on.
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What it costs to live in Mumbai | How Much I Spend in a Month! | Anshika Gupta

Which area of Mumbai is the cheapest?

Some of the most affordable places to live in Mumbai include Airoli, Borivali, Chembur, Ghatkopar, Kandivali, Kurla, Malad, Navi Mumbai, Panvel, and Thane.
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What salary is needed to live comfortably in Mumbai?

How much salary do you need to live comfortably in Mumbai? To live comfortably in Mumbai, you need a monthly salary of at least ₹30,000 to ₹60,000.
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Which area is best to buy a flat in Mumbai?

12 Best Places to Invest in Mumbai
  1. Andheri - Well Known and the Best Place for Real Estate Investment in Mumbai.
  2. Panvel - Affordable Location for Real Estate Investment in Mumbai.
  3. Thane - Well Connected Locality for Real Estate Investment in Mumbai.
  4. Juhu - Affluent Location for Real Estate Investment in Mumbai.
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Which is the cheapest city to buy a house in India?

Best Affordable Places In India To Invest In Buying A Home
  1. Kolkata. Kolkata is one of the most affordable cities in India to buy a house. ...
  2. Chennai. Chennai is the capital city of Tamil Nadu and is often referred to as the 'Detroit of India. ...
  3. Mumbai. ...
  4. Pune. ...
  5. Bengaluru.
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Which is cheaper, Andheri East or West?

Compare to Andheri West, Andheri East has more affordable housing options. It offers budget-friendly properties with well-connectivity to major business hubs and transport facilities.
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Which part of Mumbai is safest?

Safest Residential Areas in Mumbai
  1. Khopoli. Located on the outskirts of Mumbai, Khopoli offers a serene escape from the city's hustle and bustle. ...
  2. Khalapur. Situated along the Mumbai-Pune Expressway, Khalapur is another safe residential area in Mumbai. ...
  3. Bhandup. ...
  4. Sanpada. ...
  5. Kandivali.
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What is the price of flat in Mumbai?

Explore Flats in Mumbai in the price range of ₹27.4 Lac - ₹56.08 Cr with 1-5 BHK options. You can choose Flats for sale in Mumbai from 31264+ Ready to Move Flats, 25939+ Resale Flats, 12481+ Owner Properties, 224+ apartments posted by Builder.
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Where do most expats live in Mumbai?

Bandra West, Juhu, Powai, and Lower Parel are the most popular among expats due to their international schools, upscale housing, diplomatic access, and global lifestyle infrastructure.
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Can I survive in Mumbai with a 50k salary?

50k will help you survive. 15k monthly needs, 5k for going out. Rent 20k on sharing basis. Another 10 for transport and other misc.
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How much money do you need to retire comfortably in Mumbai?

Multiply your yearly expenses by 25. So, if you spend Rs 6 lakh annually, you'd need about Rs 1.5 crore to retire comfortably.
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Where do millionaires live in Mumbai?

Ans. - Rich people in Mumbai typically reside in upscale neighborhoods such as South Mumbai (Colaba, Malabar Hill, Cuffe Parade), Bandra, Juhu, Worli, and Powai. These areas offer premium living conditions and exclusive amenities.
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Can I live cheaply in India?

While cost of living in India is typically comparatively low, you may find you're taking a hit to your salary as well. While this won't mean any reduction in your quality of life, it's important to understand what your salary might look like in India.
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What is the cheapest country in the world?

  • Thailand. #1 in Affordable. #28 in Best Countries Overall. ...
  • Vietnam. #2 in Affordable. #44 in Best Countries Overall. ...
  • India. #3 in Affordable. #33 in Best Countries Overall. ...
  • Philippines. #4 in Affordable. ...
  • Malaysia. #5 in Affordable. ...
  • Indonesia. #6 in Affordable. ...
  • Mexico. #7 in Affordable. ...
  • China. #8 in Affordable.
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Is it cheaper to build or buy a house in India?

Although it also relies on the market, buying a house will probably wind up being less expensive altogether. Compared to a land loan, a home loan is a little less risky and often has a lower deposit and more favourable interest rates.
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How much money is needed to buy a flat in Mumbai?

Experts suggest that homebuyers should have ₹10 to ₹20 lakh set aside to buy a ₹1 crore apartment in Mumbai, assuming the bank finances most of it. “In some cases, banks fund the full agreement value, but usually they provide 90% to 95% of the home loan.
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What is the cost of 3bhk flats in Mumbai?

If you want to buy a 3 BHK apartment for sale in Mumbai, the price will depend on where it is located and what features it has. In high-end areas like South Mumbai and Bandra, prices range from ₹3 crore to ₹10 crore or more. Options in the suburbs may be more reasonable.
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What is the average rent in Mumbai?

The average rent in Mumbai depends on the locality you live in and the type of apartment you are looking for. On an average, it can take anywhere between 25,000 to 70,000 to live on rent in Mumbai. What are the additional costs while renting in Mumbai?
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Can I live with 25k in Mumbai?

If they provide a place to stay and some food facilities, then it might be possible—at least temporarily. Else, not at all—because just the travel, food, and other basic amenities in Mumbai can cost more than ₹25k per month.
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