Mumbai, known as the financial capital of India, is a bustling city that offers a great lifestyle. However, the high cost of living can be a major concern for people who want to live in the city. Fortunately, there are several affordable areas in Greater Mumbai that offer a comfortable living experience without breaking the bank. In this article, we will discuss the 5 most affordable pin codes in Greater Mumbai city to live in.
Mira Road is a suburban area located in the northern part of Mumbai. It is known for its affordable housing options and excellent connectivity. The pin code 401303 is one of the most affordable areas in Greater Mumbai to live in. The cost of living in Mira Road is quite low, and it is a great place to raise a family.
The average property rate in Mira Road is around Rs. 7,500 per square foot. The average cost of renting a 2BHK apartment in this area is around Rs. 20,000 per month.
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Virar is a popular residential area located in the northern part of Mumbai. The area is known for its affordable housing options and excellent connectivity. The pin code 401107 is one of the most affordable areas in Greater Mumbai to live in.
The average property rate in Virar West is around Rs. 5,000 per square foot. The average cost of renting a 2BHK apartment in this area is around Rs. 12,000 per month.
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Dahisar is a suburban area located in the north-western part of Mumbai. The area is known for its affordable housing options and excellent connectivity. The pin code 400068 is one of the most affordable areas in Greater Mumbai to live in.
The average property rate in Dahisar East is around Rs. 9,000 per square foot. The average cost of renting a 2BHK apartment in this area is around Rs. 22,000 per month.
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Nalasopara is a suburban area located in the northern part of Mumbai. It is known for its affordable housing options and excellent connectivity. The pin code 401209 is one of the most affordable areas in Greater Mumbai to live in.
The average property rate in Nalasopara East is around Rs. 4,500 per square foot. The average cost of renting a 2BHK apartment in this area is around Rs. 10,000 per month.
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Vasai is a suburban area located in the northern part of Mumbai. It is known for its affordable housing options and excellent connectivity. The pin code 401303 is one of the most affordable areas in Greater Mumbai to live in.
The average property rate in Vasai East is around Rs. 6,000 per square foot. The average cost of renting a 2BHK apartment in this area is around Rs. 14,000 per month.
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In conclusion, Greater Mumbai has several affordable areas that offer a great living experience. The areas discussed in this article are some of the most affordable ones to live in. Mira Road, Virar West, Dahisar East, Nalasopara East, and Vasai East are great options for people who want to live in Mumbai without spending a fortune on housing.
There are several other affordable areas in Greater Mumbai, such as Ambernath, Badlapur, and Kalyan.
The cost of living in Mumbai is generally considered high compared to other cities in India. However, it can vary depending on the area and the lifestyle of the individual.
Some of the affordable areas mentioned in the article may have limited amenities or infrastructure compared to other areas in Mumbai. However, they offer a cost-effective option for those on a budget.
It may depend on the availability of properties at any given time. However, these areas generally offer a range of options for housing.
Mumbai is generally considered a safe city. However, like any other city, it is important to take necessary precautions and be aware of one's surroundings. It is advisable to do proper research before deciding on a particular area to live in.