Mumbai Pin Codes: 5 Most Affordable Areas in Mumbai
Mumbai, the city of dreams, is one of the most expensive cities to live in India. The city is known for its high living standards, bustling streets, and a fast-paced lifestyle. However, finding an affordable place to live in Mumbai can be a challenge for many. In this article, we have curated a list of the 5 most affordable pin codes in Mumbai city to live in.
Pin Code 400068 : Dahisar
Dahisar is a suburban area located in the north-western part of Mumbai. It is one of the most affordable pin codes in Mumbai, with a lower cost of living compared to other areas in the city. The average property rate in Dahisar is around INR 9,000 per square foot, making it an affordable option for people looking to buy a house in Mumbai. The average cost of renting a 2BHK flat in Dahisar is around INR 25,000 per month.
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Pin Code 400101 : Kandivali East
Kandivali East is another affordable pin code in Mumbai, located in the north-western part of the city. The area is well-connected to other parts of Mumbai through the Western Express Highway and has good public transportation facilities. The average property rate in Kandivali East is around INR 13,000 per square foot, making it a more affordable option compared to other areas in Mumbai. The average cost of renting a 2BHK flat in Kandivali East is around INR 28,000 per month.
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Pin Code 400063 : Goregaon East
Goregaon East is a popular residential area located in the western part of Mumbai. It is well-connected to other parts of the city through the Western Express Highway and has good public transportation facilities. The average property rate in Goregaon East is around INR 16,000 per square foot, making it a relatively affordable option for people looking to buy a house in Mumbai. The average cost of renting a 2BHK flat in Goregaon East is around INR 35,000 per month.
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Pin Code 400064 : Malad West
Malad West is a popular residential area located in the western part of Mumbai. It is well-connected to other parts of the city through the Western Express Highway and has good public transportation facilities. The average property rate in Malad West is around INR 18,000 per square foot, making it a more affordable option compared to other areas in Mumbai. The average cost of renting a 2BHK flat in Malad West is around INR 30,000 per month.
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Pin Code 401107: Mira Road
Mira Road is a suburban area located in the northern part of Mumbai. It is well-connected to other parts of Mumbai through the Western Express Highway and has good public transportation facilities. The average property rate in Mira Road is around INR 7,500 per square foot, making it one of the most affordable areas in Mumbai to buy a house. The average cost of renting a 2BHK flat in Mira Road is around INR 20,000 per month.
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In conclusion, finding an affordable place to live in Mumbai can be a challenge, but it's not impossible. The above mentioned 5 pin codes are the most affordable areas to live in Mumbai, and they offer good connectivity and a decent quality of life. So, if you are looking for an affordable place to live in Mumbai, you should consider these areas.
FAQs
Safety is a concern for everyone, and it is important to do thorough research before moving to a new area. While the areas mentioned in this article are generally considered safe, it is always a good idea to take necessary precautions and be aware of your surroundings.
Whether to buy or rent a house in Mumbai depends on individual circumstances and preferences. Buying a house in Mumbai can be expensive, but it can also be a good investment in the long run. Renting a house, on the other hand, can provide more flexibility and affordability.
