Top 7 Places to Live & Settle in Mumbai

Date: 4-August,2021Last Updated: 26-September,2022
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Mumbai Meri Jaan!

It was appropriately named the heart of all Indians.

Mumbai, the city where dreams get fulfilled, the city that has placed India on the world map, the city that has birthed the famous Bollywood, and the city that created the maximum number of celebrities.

The significance of the city lies in its historical past and its mercantile present. Mumbai is one of the country's oldest cities that has witnessed different rulers ruling them from time to time. Today, the city houses the most prominent educational institutions, healthcare facilities, commercial infrastructures, recreational and employment hubs. Mumbai is also one of the alpha cities that is an inevitable part of the Global Economic network.

The Manjor landmarks of Mumbai are:

  • Bombay Stock Exchange: The oldest stock exchange globally and the ninth most prominent stock exchange in the world has helped Mumbai become the country's commercial capital. The stock exchange is a significant source of currency rotation within the country and a big source of employment for the country.

  • Chatrapati Shivaji Terminus: The place is also known as CST. Initially, it was known as the Victoria Terminus. The train station is one of the most famous landmarks in Mumbai and has been named a UNESCO World Heritage Site in Mumbai.

  • Taj Mahal Palace and The Oberoi: The famous hotels' Taj Mahal Palace and The Oberoi are two of India's biggest and most known hotels and the whole world. Both the hotels have commercial as well as historical value.

  • The Antilla: The most expensive home in the world is located in Mumbai. The house is owned by the Ambanis, who are among the wealthiest people in the world.

  • Elephanta Caves

  • Chatrapathi Shivaji Maharaj Terminus

Mumbai has made its name as a multipurpose and multi-functional city that is capable of everything. Mumbai is famous for a lot of reasons, one of the main reasons being convenience. The whole city is well-connected via train and road. Each year, the town beholds thousands of tourists from all over the world. People have stayed there and settled there for various reasons; education, professional, recreational, etc.

Owing to its vicinity to places like Bangalore and Goa and accommodating places like Lonavala Juhu Beach, Mumbai is already a favorite among the home seekers and people looking ahead to settle.

The last few years have witnessed the maximum amount of population shift towards Mumbai. Different areas in Mumbai cater to additional requirements. Additional locations are perfect for students, there are few places that are suitable for bachelors and professionals, and few businesses are fit for families. We generally consider the location, price of the living, neighbourhood, vicinity to important landmarks, etc., before concluding a place appropriate for living or settling.

Let's take a look at few places that are not only known for their name but also is famous for being appropriate for settlers from all over India.

7 Best Places to Live in Mumbai are:

  1. Bandra
  2. Juhu
  3. Kalyan
  4. Panvel
  5. Parel
  6. Vile Parle
  7. Andheri

Lets explore these Residential areas of Mumbai in detail


One of the most famous places in Mumbai is Bandra. The place is probably one of the most happening places in the city. The site is lined with restaurants, shopping malls, nightclubs, etc. Bandra is house to many celebrities and a few of the most famous landmarks, for example, the Antilla, which is the most expensive house in the world. The street shopping heaven at Linking Road and Hill Road is a delight to anyone who is into shopping. Bandra also holds a few of the most famous educational institutes and healthcare facilities in the country. The average rental value of the area is 50,000/-.


The place is known for its beach and street food. It is probably one of the most favourite places among tourists because of how well it represents the culture and vibe of Maharashtra. The place is perfect for those who would like to enjoy a seaside view while sitting on their balcony. The city is filled with cafes, restaurants, shopping malls, and whatnot. The area is well located, and you can travel to different parts of Mumbai from here making it one of the best places to live in Mumbai, though the rates might favour to the elites a bit more.


Kalyan is also part of the Mumbai Metropolitan Region, even though it is part of the Thane District. The region is known as a prime residential hub, with many options for homebuyers including apartments, villas and plots.


Panvel lies in Navi Mumbai's Raigad region and is one of the top residential zones, given its proximity to Mumbai. The city is located on the banks of the Gadhi river which flows into the Arabian sea, giving the region an ethereal look. It is also one of the most happening places and there are many Bollywood aspirants who stay up in Panvel. So who knows, maybe the next Superstar of Indian Cinema might be your neighbour.


Parel is one of the seven islands of Bombay. Once the home of industrial mills, Parel now houses stupendous office and commercial buildings. The great Parel relief shows its connection to Lord Shiva and is now considered to be one of the top places to live in Mumbai with its many residential buildings and major employment hubs of the city.

Vile Parle

One of the most favourite locations to reside in Mumbai is Vile Parle. The famous train station CST is located in Vile Parle. It is also known as the busiest residential area in Mumbai. The renowned colleges Mithibai and NMIMS are located here. The USP of the location is that it houses the airport of Mumbai as well. The place is exceptionally well-connected with the rest of the city via train and road.


This is one of the posh areas of Mumbai. The place accommodates the luxurious Lokhandwala and Versova. Andheri houses a few of the biggest celebrities, entertainment production houses. In addition to that, the area also houses cafes, restaurants, shopping malls, etc. Whether it is a weekday or a weekend, Andheri will never disappoint you regarding planning a blissful evening or a fun get-together lunch, or a comforting dinner.

In conclusion, the more we talk about how perfect Mumbai is, the less it will be. The place fits well in both the primary and premium lifestyles. The city never made anyone feel left out. There is something for everyone.

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