Mumbai city is known by many names like the city of dreams, the city which never sleeps, etc. And it is the financial and entertainment hub of India. Being the financial and entertainment hub of India it has attracted many prominent figures of India. These prominent figures and upper middle class lives in the very posh areas of Mumbai
There are many factors that define whether these areas are posh or not like whether it is close to the beach or not how is the infrastructure or what kind of luxury facilities are available in those areas.
So we have made a list of the posh area in Mumbai depending upon the real estate prices and the celebrities who live there.
List of the Very Posh Areas in Mumbai
1 South Mumbai
South Mumbai previously known as South Bombay is extended from Colaba to Mahim. A lot of businesses are located in the south Bombay which makes it one of the wealthiest urban suburbs of India.
Real Estate prices in South Mumbai are highest in India and among the highest in the world. Most of the people living in South Mumbai are from a business background. They are the third or fourth generation of different business families involved in trade, law, and fashion.
There are many notable places in South Mumbai like Reserve Bank Of India, Bombay Stock Exchange, Chhatrapati Shivaji Maharaj Terminus, Wankhede Stadium, Marine Drive, Girgaon Chowpatty, etc.
South Mumbai in itself is the very posh area of Mumbai. But We are dividing South Mumbai Further into more categories. These three below mentioned places come under south Mumbai and are very posh residential areas in Mumbai
2 Malabar Hill
Malabar Hill is among the most expensive areas in Mumbai. Most of the people live here are from business. Many of them now are settled in the USA.
The most notable personalities living in Malabar Hill are Adi Godrej, Birla Family, Mahes Jethmalani, Pallonji Mistry, Jindal Family, etc.
Houses are the most expensive in Malabar Hill especially sea facings houses. One can clearly enjoy the freshest air coming from the sea if his/her houses face the sea.
House prices in the beach areas are around Rs 140000 per square feet.
3 Altamount & Peddar Road
This is the place where lies the most expensive house in the world. Yes, you got it right it is the 27-floor house of the Mukesh Ambani. The name of the building is Antilia. It is valued at $2 billion.
That area is super expensive and tourist attraction.
4 Worli
Seven islands make the whole Mumbai and Worli is one among them. Earlier it used to be the home of the Fishermans and now it is the residential place of the businessmen, cricketers and many actors. Nisha Ambani (daughter of Mukesh Ambani) and her husband also live in Worli.
Worli is among the costliest areas in Mumbai. Worli has seen a very rapid transformation. Now it houses many offices and high rising buildings in Mumbai.
After it got connected with Bandra via Bandra–Worli Sea Link prices even rose further.
The most notable residents of Worli are Yuvraj Singh, Virat Kohli, Rohit Sharma, Narayan Murti of Infosys, Akshay Kumar and Anil Aggarwal of Vedanta Group
5 Bandra
Bandra is one of the richest areas in Mumbai. There are a lot of business offices are located in Bandra. Mainly Bandra Kurla Complex which gives a feel of luxury. BKC is central to almost all the business activities in Mumbai.
Along with that so many businessmen, cricketers and actors live in Bandra.
Residential buildings in Bandra are among the costliest in Mumbai.
Bandra is the home of many popular actors like Shahrukh Khan, Salman Khan, Amir Khan, Sachin Tendulkar, Kangana Ranaut, etc.
Founder of Kota Mahindra Bank Uday Kotak also lives in Bandra.
There are a lot of places to visit in Bandra like Bandstand, House of Shahrukh Khan and galaxy apartment of Salman Khan.
Check Out: Best Clubs In Bandra
6 Juhu
Juhu is one of the best places to live in Mumbai. It is a good tourist attraction mainly because of its beach and finger-licking food streets.
The climate of Juhu remains the same almost throughout the year. whether is very pleasant and you can enjoy the fresh air coming from the sea. the temperature of Juhu ranges from 35 °C to 25 °C
Juhu is the home of many notable personalities of Bollywood.
The actors who live here are:
Amitabh Bachchan
Aishwarya Rai
Alia Bhatt
Shahid Kapoor
Anil Kapoor
Paresh Rawal and many other
A lot of Bollywood celebrities live here due to which property prices in Juhu had increased at a very fast rate and now it is one of the most expensive areas in Mumbai.
7 Lokhandwala Complex
Lokhandwala Complex is a very affluent and posh area in Andheri. And day by day it is becoming one of the best places to live in Andheri. Every day new cafes, restaurants, and clubs are getting opened up in that area.
The name Lokhandwala Complex is derived from the construction firm Lokhandwala Constructions Pvt. Ltd.
Many celebrities and actors live in Lokhandwala.
The movie Shootout at Lokhandwala is also inspired by the place. On 16 November 1991, there was a shootout
between gangsters and Mumbai place in Lokhandwala
The luxury life of Lokhandwala makes it one of the posh localities in Mumbai. So even if you live at any other place in Mumbai don’t forget to visit and checkout Lokhandwala Complex
8 Colaba
Colaba is one of the posh localities in Mumbai. It is a very good tourist destination mainly because of the Taj Hotel and Gateway of India. It is the hub of a lot of luxurious hotels in Mumbai. You will lot of Iranians and Iranians cafe in the Colaba.
I go to Colaba every week for my freelance work and really like the food of those restaurants. You will definitely enjoy living there. But the cost of living is a little high due to tourist attraction.
So if you live in Mumbai then I think you would have already visited that place but if you are coming on the Mumbai tour then don’t forget to check out this place.
9 Kemps Corner
Kemps Corner is the upmarket neighborhood in South Mumbai. It has very costly residential buildings and high-end shopping outlets.
Most of the people who live here come from a very wealthy background. In the last decade, the real estate prices in that area have very soared rapidly.
Real Estate prices in that area have soared rapidly in last one decade
10 Hiranandani Powai
The name Hiranandani is derived from the developers. When two brothers purchased the land everybody refused them not t invest in that place. First of all, it was not a planer and it was also a complete jungle. But their hard work and risk paid off. Now both of the brothers are billionaires and Hiranandani is one of the best place places to live in Mumbai.
Even IIT-Bombay is located there. You can find a lot of IIT crowds in all the pubs and clubs of Hiranandani at night. Even I live in Hiranandani and I am in love with that place. It has a lot of good places lo handout and party which make it even perfect for a person like me.
Many TV serial actors also live in that area
Check Out: Best Rooftop Restaurants in Powai
11 Lower Parel
Lower Parel comes under South Bombay and is one of the leading business hubs of Mumbai. It serves as the headquarters for Many leading financial companies in India. Companies like Indiabulls also have their headquarters situated in Lower Parel.
The sea-facing area is very posh and a lot of top executives of these financial companies live there.
Kamala Mills is a well-known place in the Lower Parel. It has the most luxurious restaurants and Pubs in Mumbai. You will spot a lot of Bollywood actors there partying with friends. So you will definitely enjoy the nightlife of Lower Parel.
Wanna start your own business in Mumbai Check Out this guide Business Ideas In Mumbai
Image Source Wikipedia.org and flickr.com
FAQ
Where do rich people stay in Mumbai ?
Most of the rich people in Mumbai stay in South Mumbai. A lot of businessmen and actors stay in that area and especially in Malabar Hills At number two comes Bandra where most of the actors stay.
Is Andheri a posh area ?
Yes, some part of the Andheri comes under the poshest area in Mumbai. Lokhandwala Complex and Some parts of Versova are in high demand for the elite class of Mumbai.
Is Juhu a posh area ?
Yes, Juhu is among the posh areas of Mumbai. Most of the actors live in Juhu. And these actors earn a good amount of money so want to enjoy the luxury which makes the things expensive due to high demand.
Conclusion:
This was the list of most expensive places in Mumbai. Don’t forget to tell me which place is your favorite. And according to you which place is the most expensive and posh.
I love Al the areas..Every location has certain speciality..So I love Al of them.. Mumbai is always a dream town for all..
Bandra Kurla Complex is business and residential district in Bandra, Mumbai, India. It is a prominent upscale commercial hub which commands some of the highest property rates in the country.
juhu is best area