Are you a budget-conscious homebuyer looking for affordable flats and apartments in Mumbai? The city of dreams can be an expensive place to live in, but there are still several options available for those with a limited budget. In this article, we’ll explore some of the best areas with the best real estate developer to find affordable housing in Mumbai and provide you with tips on how to buy a flat or apartment in the city without breaking the bank.
Apartments in Mumbai are available at a wide range of prices, depending on their size, location, and amenities. Mumbai is a bustling city with a lot to offer, so you’ll need to decide what’s most important to you in an apartment.
Do you want to be close to the action, or do you prefer a more quiet neighborhood? Do you need a lot of space, or are you ok with a smaller flat? Here are the best flats/apartments in Mumbai with the best rate and locality.
Understanding the Mumbai Real Estate Market
Mumbai’s real estate market is a complex ecosystem that demands thorough comprehension before discussing individual affordable flats and apartments. With limited supply and rocketing demand, the prices of flats and apartments in Mumbai skyrocket, making them one of the most expensive in the country. It’s imperative to fathom this competitive and intricate market to explore the prospect of affordable housing in the city.
Best Areas with the best real estate developer to Find Affordable Flats and Apartments in Mumbai
1). Sakinaka Mumbai
Looking for an amazing flat in a prime location in Mumbai? Look no further than flats in the 75 corp 15-story business complex in the heart of sakinaka Mumbai city. Their flats are centrally located and offer a variety of amenities that will make your life easier.
It has a variety of floor plans to choose from, so you can find the perfect one for your needs. And our experienced team is here to help you every step of the way, from finding the right flat to moving in and making it your own.
The Flats starting from 1.15cr to 2.80cr all include.
Location – Andheri east, Mumbai pin code 400072, and distance for CSIA Chhatrapati Shivaji Maharaj International Airport from the apartment is 3KM.
2). Byculla Mumbai
The Fortune star apartment at Byculla Mumbai is a luxurious and plush apartment complex that offers its residents a vast range of world-class amenities and services. The apartment complex is situated in a premium location and offers residents a convenient and comfortable living experience. The apartment complex is also equipped with all the modern amenities and facilities that one would need for a comfortable and hassle-free stay.
The apartment is well-lit and ventilated and offers a scenic view of the cityscape. It is spacious and tastefully furnished with all modern amenities.
The property is a perfect choice for those who are looking for a luxurious and comfortable home in Mumbai. It is close to all major amenities and offers an array of facilities to its residents.
Prize = INR 1,50,00,00,000
Location – In the area of South Mumbaiipin code 400011, the distance for CSIA Chhatrapati Shivaji Maharaj International Airport from the apartment is 24.3 km.
3). Sky Residence
If you’re looking for a beautiful home in Mumbai, Siddha Sky Wadala is definitely worth checking out. The development offers a vast range of amenities that will make your life more comfortable and convenient. From 24-hour security to a swimming pool and gym, it has everything you need to live a comfortable life.
The development is also conveniently located near a number of Mumbai’s key attractions. So whether you’re looking for a place to raise a family or a place to retire, Siddha Sky Wadala is definitely worth considering.
Flats starting – INR 1,99,00,000
Location – Located in Mumbai, pin code 400031, and the distance from CSIA Chhatrapati Shivaji Maharaj International Airport from the apartment is 18 km.
4). Labdhi Sea Breeze
The Labdhi Sea Breeze flats are under construction and will be completed in 2027. The project is located in Mumbai and it is developed by Labdhi Developers. It offers 1, 2, and 3-bedroom apartments and penthouses. There are flats with sizes ranging from 990 sq.. ft. to 4010 sq. ft. The project is strategically located and well-connected to all the major parts of Mumbai.
Price – INR 91,00,000
Location – Gaikwad Rd, Wadala East, Wadala, Mumbai, Maharashtra 400037, and the distance for CSIA Chhatrapati Shivaji Maharaj International Airport from the apartment is 17.2 km.
5)Nirvaana Solitaire Chember
Nirvaana Solitaire launched in June 2022, and its possession is Dec 2025. It’s a 1,2,3 and 4 BHK apartment, and the super built-up area is up to 1846 sq. ft. It has been developed in an area of 0.19 Acres. It is currently Under Construction. It is well equipped with all the amenities to facilitate the needs of the residents. Some of these include Rainwater Harvesting, Sewage Treatment plants, Landscaped Gardens, and an Open Space of 50%.
Price – INR 1,15,00,00,000
Location – Near Tilak Nagar, Shell Colony, Tilak Nagar, Chembur, Mumbai, Maharashtra 400071, and the distance for CSIA Chhatrapati Shivaji Maharaj International Airport from the apartment is 13.1 km.
Harmony by Hubtown is an amazing and comfortable residential project located at Matunga in Mumbai. The project is developed by Hubtown, a leading real estate developer in Mumbai. The project offers 1, 2, 3, and 4 BHK apartments with world-class amenities and features. The project is located in close proximity to all major landmarks in Mumbai, making it a perfect place to live for families and working professionals.
Price – INR 1,50,00,000
Location – Bhaudaji, Rd Number 4, Matunga, Mumbai, Maharashtra 400019, and the distance for CSIA Chhatrapati Shivaji Maharaj International Airport from the apartment is 13.9 km.
7). Sayba Heritage
Kurla is one of the most promising investment destinations in Mumbai. The area has seen a tremendous amount of development in recent years, and this is only set to continue. Sayba Heritage Apartment is perfectly positioned to take advantage of this growth. The development offers a unique opportunity to invest in Mumbai real estate, and it is sure to offer good returns in the future.
Price- INR 1.3/19.73k sq. ft
Location – Mother Dairy Rd, Police Colony, Kurla, Mumbai, Maharashtra 400024, and the distance from CSIA Chhatrapati Shivaji Maharaj International Airport from the apartment is 12.5 km.
The new Cuffe Parade by Lodha Group is coming up at one of the most strategic locations in Mumbai – at the meeting point of the Bandra-Kurla-Complex (BKC) and the Sion Elevated Road. The location is easily accessible from all parts of the city and provides superb connectivity to the Western and Eastern suburbs. The area is already well-developed with a number of corporate offices, retail outlets, and entertainment venues.
The project offers a mix of 1, 2, and 3 BHK apartments designed to meet the needs of a trendy lifestyle. The apartments are well-airy and have plenty of natural light. The amenities at New Cuffe march include a swimming pool, a gym, a clubhouse, and a play area for children.
Price – INR 1,56,00,000
Location – Near Wadala Truck Terminal, Wadala East, Mumbai, Maharashtra 400037, and the distance from CSIA Chhatrapati Shivaji Maharaj International Airport from the apartment is 12.5 km.
Gala Swayam is a project by Gala Habitats LLP. It offers a mix of 1, 2, and 3 BHK apartments on 0.16 Acres. The project is located in Matunga West, Mumbai. It is under construction.
The project is strategically located with easy access to major landmarks such as Mumbai International Airport, Andheri Railway Station, Western Express Highway, etc. It offers comfortable and modern living spaces with all the necessary amenities such as a swimming pool, gymnasium, children’s play area, etc.
Price – 1.58 to 3.3 cr
Location – Mahim West, Matunga West, Mumbai, Maharashtra 400016, and the distance from CSIA Chhatrapati Shivaji Maharaj International Airport from the apartment is 12.2 km.
Tips for Buying an Affordable Flat or Apartment in Mumbai
- Do your research: Before buying a flat or apartment in Mumbai, research the area thoroughly. Look for areas that offer good connectivity to the city, have good infrastructure, and are safe and secure.
- Work with a reputable real estate agent: Working with a reputable real estate agent can help you find the best deals on flats and apartments in Mumbai. An experienced agent can also guide you through the buying process and help you negotiate the best price.
- Look for off-plan properties: Buying off-plan properties is a great way to save money on flats and apartments in Mumbai. Off-plan properties are those that are still under construction or in the planning stages, and they often come with attractive discounts and payment plans.
- Consider a joint purchase: If you’re on a tight budget, consider buying a flat or apartment with a family member or friend. A joint purchase can help you share the costs and make buying a home more affordable.
Buying an affordable flat or apartment in Mumbai can be a challenging task, but it’s not impossible.