The Best Areas To Reside In Mumbai, For Families.

Mumbai, the city of aspirations, has long been a popular location for migrant workers, both skilled and non – skilled, from around the country. Salaried people, like aspiring actresses and musicians, have been pushing their luck for decades to live in India’s finance centre — with a new job via being moved by their current company.

Unskilled labourers from northern and southern India have flocked here to make a little more money so that they may send more money back to their family in the countryside. However, middle- or upper-middle-class service employees who have chosen to live with their families have traditionally begun by paying rent.

Why do the rentals and real estate prices in Mumbai vary so much?

Real estate prices and rents in Mumbai are always expensive in comparison to the available living space. It’s difficult to find the finest spot to live in Mumbai that offers the best balance of rent, proximity, and convenience.

It really has grown over decades to provide residences that fit the majority of people with varying incomes. The expensive rents diminish correspondingly as you move away from the city’s centre. However, as the distance between your home and your business grows, so does the cost of transportation and the hours invested travelling.

What factors do you consider when deciding where to live in Mumbai?

The following must be considered factors to consider while deciding where your family should live in Mumbai.

  • The distance between your and your spouse’s workplaces.
  • The distance between your home and your children’s school.
  • Good medical services and hospitals are close by.
  • Shopping centers, theme parks, cultural centers, and other attractions are all close by.
  • Parks and green spaces are close by.
  • Distance between the railway station and the airport.
  • Accessibility to religious sites.

4 best areas for your family to live in Mumbai

Chembur 

Chembur, according to various real estate professionals, industry professionals, and housing specialists, is the greatest place to reside in Mumbai. The Eastern Express Highway, Eastern Freeway, Sion-Trombay Road, and SCLR link it to the rest of Mumbai (Santacruz-Chembur Link Road). Chembur is a district in Mumbai that connects Navi Mumbai and Central Mumbai.

Chembur can benefit of major IT firms, industrial houses, a plethora of job prospects, and a robust social infrastructure. Petroleum Corporation Ltd, Bhabha Atomic Research Centre, HPCL, Walmart, Microsoft, McDonald’s, Starbucks, Apple, Tata Power Company Ltd, and many more major corporations have offices there. The iconic R K Studios, a Mecca for Bollywood enthusiasts, is located in Chembur.

Vikhroli

Vikhroli, a suburb in north-eastern Mumbai and, along with many, the nicest area to live in Mumbai, is host to one of Maharashtra’s largest mangrove forests. The Brihanmumbai Municipal Corporation has control over it.

Vikhroli is home to a slew of IT and other power players. To name a few, TCS, Accenture, Capgemini, J P Morgan, Infosys, Cognizant, Deloitte, Wipro, PwC, Oracle, IBM, Tech Mahindra, Morgan Stanley, Google, Amazon, and others. It includes international investment banks and leading financial organisations such as Bank of America, BNP Paribas, and Deutsche Bank.

Lalbahadur Shastri Marg, Eastern Express Highway, Agra Road, Atmaram Surve Marg, Bhakti Marg, and other major highways link Vikhroli to other sections of Mumbai.

Kurla 

Kurla, which is almost in the centre of Mumbai, includes a combination of slum residents and upscale residents. It was a well-known railway station spelled ‘Coorla’ until 1890. Kurla is claimed to be named from Kurli, a blue-coloured crab which used to be abundant in wetlands near the former Kurla village.

In Kurla, significant areas include Kohinoor City, Taximens colony, and Quresh Nagar. Chadva Nagar is a well-developed Marwadi and Gujarati settlers’ residential society.

Kurla West’s primary arterial route is LBS Marg, while Kurla East’s is the Eastern Express Highway. Kurla is one of Mumbai’s most desirable neighbourhoods.

Malad

Malad, located in the western suburbs of Mumbai, is a desired neighbourhood for newcomers. It is well linked to the Mumbai Suburban Railway stations of Malad and Goregaon.

Malad is regarded as one of Mumbai’s most affordable neighbourhoods. By several property brokers, including upper and middle-class individuals are coming to Malad since it is the greatest place to reside in Mumbai for families. The SKPs, Bhandaris, and Kolis, among several others, were natives of Malad.

Unlock Technologies, CodeMax IT solutions, Techmomin IT solutions, and other major companies are located in Malad. Numerous companies such as HSBC, Heinz, Hyundai, Protofab, and others call Shreyas Industrial Park and Lotus Corporate Park home.

The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

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