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Home News & Articles Mumbai

10 Posh Areas in Mumbai to Buy a Luxurious Property 2024

Suraj Kadam by Suraj Kadam
January 7, 2025
Posh Areas in Mumbai
The Posh Areas in Mumbai provide perfect settings to buy luxurious residential properties. These localities offer more peaceful neighborhoods, best-in-class facilities, and quality residential projects. Here are the top 10 best posh areas in Mumbai with complete locality analysis, price trends, social infrastructure facilities, and the best luxurious residential projects in Mumbai.

Page Contents [hide]

  • Worli
    • Connectivity
    • Property Prices In Worli
    • Best Residential Properties in Lower Parel
    • Social Infrastructure
  • Lower Parel
    • Connectivity
    • Property Prices in Lower Parel
    • Best Residential Properties in Lower Parel
    • Social Infrastructure
  • Malabar Hill
    • Connectivity
    • Property Prices in Malabar Hill
    • Best Residential Properties in Malabar Hill
    • Social Infrastructure
  • Marine Lines
    • Connectivity
    • Property Prices in Marine Lines
    • Social Infrastructure
  • Prabhadevi
    • Connectivity
    • Property Prices in Prabhadevi
    • Social Infrastructure
  • Mahalaxmi
    • Connectivity
    • Property Prices in Mahalaxmi
    • Social Infrastructure
  • Altamount
    • Connectivity
    • Property Prices in Altamount
    • Social Infrastructure
  • Powai
    • Property Prices In Powai
    • Connectivity
    • Social Infrastructure
  • Cuffe Parade
    • Connectivity
    • Property Prices in Cuffe Parade
    • Social Infrastructure

Worli

10 posh areas in Mumbai 2024

Worli is known for its Vibrant lifestyle and premium residences. The locality not only offers the most brilliant cityscapes but also offers modern facilities and recreational centers. These factors make Worli one of the posh areas in Mumbai to buy residential properties.  

The leading developers have preferred Worli to create residential projects of world stature. It is primarily because of the excellent connectivity, exposure to the dynamic urban lifestyle, and accessibility to the all-important social infrastructure and facilities. 

Also, the property price trend in Worli highlights the upward trends. The demand for luxurious and premium properties is high in Worli, which will continue for the upcoming years. The main reason for this is the developers’ increasing interest in creating the township residential projects of the global standards.

Connectivity

Worli offers ease to connect to other suburbs in Mumbai. The Bandra-Worli sea link road provides connectivity to the Chhatrapati Shivaji Maharaj international airport. 

Also, the leading employment hubs in Navi Mumbai give easy connectivity to the other important employment hubs in the Mumbai suburbs. Dadar and Mumbai Central are the nearest railway stations to Worli. 

Property Prices In Worli

posh areas property prices in Mumbai 2024

Best Residential Properties in Lower Parel

Lodha The Park and Lodha Trump tower are the premium residential projects in Worli. The state of art amenities for complete comfort and luxury are the main attractions of these prime residential projects in Worli. 

Social Infrastructure

Schools: Bombay Scottish School, Poddar International School

Healthcare: Poddar Hospital, Wockhardt Hospital

Retail & Malls:  High Street Phoenix, Palladium Mall

Lower Parel

10 Posh Areas in Mumbai 2024

Lower Parel is a blend of the commercial and residential locality. Being one of the posh areas in Mumbai, the Lower Parel is a destination for the most luxurious properties in Mumbai. 

Also, Parel has the presence of the most established corporate hubs. Along with it,  parel offers perfect settings to buy residential properties. Therefore, the locality has grown as a residential as well as a commercial hub. It has promoted the walk-to-work culture in lower parel.

Connectivity

The Chatrapati Shivaji Maharaj International Airport is 18 km from Parel. Other posh areas in Mumbai including Worli, Prabhadevi, Nariman Point can be easily accessed from Parel. 

Both the eastern and western expressways provide excellent connectivity to Parel which facilitates the accessibility to the other commercial and residential regions in Mumbai. 

Property Prices in Lower Parel

Property Prices in Lower Parel 2024

Best Residential Properties in Lower Parel

Residential properties in parel reflect luxury and the most comforting amenities. The proximity to the established business centers and the posh areas have triggered the high demand for residential properties in Lower Parel. 

Marathon Monte South, Ruparel Codename Icon, Ruparel Nova Parel, Piramal Aranya are some of the best residential projects in Parel. The specialty of these residential projects is the high-class designs, facilities, and the most lively environment. 

Generally, the amenities provided in the leading residential projects in Parel are Club Houses, Swimming Pools, Kids Play Areas, Sports Centers, etc. 

Social Infrastructure

Schools:  D G Ruparel College, Welingkar Institute of Management, R A Poddar College 

Healthcare:  Tata Memorial Hospital, KEM Hospital, Mumbai Port Trust Hospital

Malls: PVR Phoenix, High Street Phoenix Mall, Carnival Cinema

Malabar Hill

posh areas in Mumbai 2024

Malabar Hill is one of the most prominent localities in Mumbai. The locality is known for its Posh and well-planned areas with the most iconic properties in Mumbai. 

Besides being one of the posh areas in Mumbai, Malabar hill has been the ideal place for luxurious properties in Mumbai. Also, most well-known celebrities and business tycoons reside in the Malabar hill locality. 

Proximity to the Nariman Point, Girgaon Chowpatty, gives an attractive view of the Back Bay making Malabar Hill the best location for the beautiful natural and city landscapes.

Malabar hill offers a best-in-class social infrastructure that includes the best educational institutes, hospitals, entertainment zones, and retail outlets. 

Connectivity

Malabar Hill is well connected to the other posh localities in Mumbai. Also, the leading commercial hubs such as Andheri, Bandra, Central Business District, Parel are easily accessible from Malabar Hill. 

The international airport is 20 km from Malabar Hill. 

Property Prices in Malabar Hill

Property Prices in Malabar Hill 2024

Best Residential Properties in Malabar Hill

Malabar hill has been the hub of the most exclusive residential properties in Mumbai. The residential projects Malabar Hill offers excellent amenities and give the best-in-class facilities. 

Lodha Seamount has been the key attraction for buying the residential property in Malabar hill. The residential projects in Malabar Hill are known for their top-notch amenities and most vibrant lifestyle. 

Social Infrastructure

Schools:  Gopi Birla Memorial Schools, St Stephen School, Bombay International School, 

Healthcare: Bhatia Hospital, Cumballa Hill Hospital, ACI Cumballa Hill Hospital  

Malls:  Atria Millenium Mall, CR2 Mall, SOBO Central Mall

Marine Lines

best residential areas in Mumbai 2024

Marine Lines is one of the most premium residential locations In Mumbai. The locality has the finest residential multi-story independent apartments, villas, bungalows, and row houses. 

The residential properties in marine lines developed around the seaside. It offers beautiful sea views and city landscapes for residential properties.

Being one of the poshest areas in Mumbai, the residential properties are expensive but offer the best-in-class facilities, and recreational options, and are commercially developed. 

Connectivity

Marine lines have proximity to the Central Business District and other employment hubs such as Prabhadevi, Parel, etc. 

Moreover, the other posh areas in Mumbai such as Fort, Cuffe Parade, Malabar Hills, Alta-Mount, etc are close to the Marine Lines. 

The Chhatrapati Shivaji International Mumbai Airport is 25 km from the Marine Lines. The Marine Lines railway station and Churchgate Station are the nearest stations near the Marine lines. 

Property Prices in Marine Lines

Property Prices in Marine Lines 2024

Social Infrastructure

Schools & Colleges- St Xaviers College, HVB Academy, Elphinstone School, Our lady of dolors academy.

Hospitals- Bombay Hospital and Research Center, ACI Cumbala Hill Hospital.

Retails and Malls- CR2 Mall, Palladium Mall, Atria The Millennium Mall, Grand Galleria Mall, SkyZone Mall.  

Prabhadevi

posh residential areas in Mumbai 2024

Prabhadevi is a hub of exclusive residential properties. The locality is known for its upscaling commercial market as well. 

Categorized as the posh area in Mumbai, Prabhadevi has the presence of the most luxurious residential properties in Mumbai.

Prabhadevi and its sub-localities are well planned and provide a rich suburban lifestyle. Mostly, the luxurious properties in Prabhadevi are independent houses, multistory apartments, and row houses.

Connectivity

Prabhadevi locality has excellent connectivity that provides easy access to the other key localities in Mumbai. 

The Chhatrapati international airport is 17 km from Prabhadevi. Also, the rail and road connectivity facilitates the simple connectivity to the important facilities and employment hubs. 

Property Prices in Prabhadevi

posh areas in property prices in Mumbai 2024

Social Infrastructure

Hospitals- ACI Cumbala Hill Hospitals, Sushrut Hospitals, and Research

Schools & Colleges- Our Lady Of Salvation High School, Convent Girls High School, Indian Schools of Management

Retail and Shopping Malls- High street phoenix, Palladium Mall, Grand Galleria Mall, SkyZone Mall

Mahalaxmi

most expensive residential area in mumbai 2024

Mahalaxmi is one of the most preferred posh areas in Mumbai for residential properties. It is because of the excellent livability ratings and the parallel commercial development. 

Considering the positives of the Mahalaxmi locality, the leading developers have developed luxurious residential projects in Mahalaxmi. 

Mahalaxmi has proximity to some of the leading employment hubs that include the World Trade Centre, Mantralaya, Bombay Stock Exchange, BKC and Andheri MIDC, etc. 

The first-class healthcare, educational, and recreational hubs in Mahalaxmi make it one of the best places to buy luxurious residential properties in Mumbai.

Connectivity

Overall, the Mahalaxmi has robust connectivity. The eastern express highway and Bandra Worli sea link play a crucial role in providing connectivity to Mahalaxmi. 

Mahalaxmi on the western line and the Chinchpokali on the central line are the nearest stations to Mahalaxmi. 

The Chhatrapati Shivaji Maharaj international airport is 20 km from Mahalaxmi. 

Property Prices in Mahalaxmi

posh areas property prices in Mumbai 2024

Social Infrastructure

Schools and colleges- Lala Lajpat Rai Colleges, Poddar International School Worli.

Hospitals- Sir HN Reliance Foundation Hospital, Breach Candy Hospital, Jaslok Hospital.

Retail & Malls-  High Street Phoenix, Palladium Mall, Sobo Central Mall, Atria the Millennium Mall. 

Altamount

most expensive residential area in mumbai 2024

Altamount is the most expensive residential area in Mumbai. The locality has been the destination for the most luxurious properties in Mumbai. 

Being a sea-facing locality, Altamount is preferred for its ultra-luxurious properties and peaceful living environment. 

Mostly, the Altamount locality has single-story independent apartments and bungalows. Being one of the poshest areas in Mumbai, Altamount has been the destination for celebrity homes.

Connectivity

Besides its ideal residential qualities, Altamount has a solid physical infrastructure. The eastern freeway and the eastern expressway provide excellent connectivity to the Altamount region. 

Mumbai Central is the nearest railway station whereas the International airport is 18 km from Altamount. 

Property Prices in Altamount

property prices in Mumbai 2024

Social Infrastructure

Schools and Colleges- Wilson College, Sophia College, Kumbala College, Villa Theresa High School, Edubridge International School, etc. 

Hospitals- Jaslok Hospital, Breach Candy Hospital, High Street Phoenix, etc. 

Retails and Malls- High Street Phoenix, Palladium Mall, HN Reliance Foundations. 

Powai

most expensive residential area in mumbai 2024

Powai has now become the most preferred posh area in Mumbai. The Hiranandani gardens have changed the face of the Powai locality. 

The locality offers large green landscapes, serene neighborhoods, and multiple recreational options. Besides growing on the residential front, Powai has been developing commercially. 

The prominent business hubs have been established in Powai. It has allowed easy workspace access to the residence and has promoted walk to work culture in Powai. 

Also, Powai offers affordability and quality of life, and, therefore, it has become one of the prominent places to buy luxurious properties in Powai. 

Property Prices In Powai

Property Prices In Powai 2024

Connectivity

Powai is well-connected to the other part of the Mumbai suburb. The two artillery roads provide greater connectivity to the other commercial and residential localities in Mumbai. 

The nearest railway station to Powai is Kanjurmarg which is on the central line. Also, Saki Naka is the nearest metro station on the Versova Ghatkopar line. 

Social Infrastructure

Hospitals- DLH Hiranandani Hospital, Powai Polyclinic & Hospital

Schools and Colleges- Poddar International School, Hiranandani Foundation School

Retail and Malls- Powai Plaza, and R City Mall

Cuffe Parade

posh areas in Mumbai 2024

Cuffe Parade is the most prominent locality in Mumbai. Cuffe Parade is known for its most luxurious properties and immaculately planned streets. 

Cuffe Parade has a blend of commercial as well residential properties. Mainly, luxurious properties have been developed along the seaside and, therefore, give the most stunning views. 

Cuffe parade has proximity to the Narima Point and other important localities in South Mumbai has benefited the Cuffe Parade locality. 

The top-class restaurants, hotels, and other recreational centers are just around the corner to Cuffe Parade. 

Connectivity

Cuffe Parade provides easy accessibility to the other part of the city, mainly the commercial and luxurious residential areas in Mumbai. 

The nearest stations that provide connectivity to the Cuffe Parade are Chrugate and CST. The international airport is 23 km from the Cuffe parade.  

Property Prices in Cuffe Parade

property prices in Mumbai 2024

Social Infrastructure

Schools and colleges- BD Somani International School, ST Annes High School

Hospitals- INHS Aswini, Apollo Clinic, Criticare Multi-Specialty hospital

Retails and Malls- Taj Shopping Arcade, Oberoi Shopping Centre 

Tags: Best Areas in MumbaiBest Locations In MumbaiMumbaiPosh Areas In Mumbai
Suraj Kadam

Suraj Kadam

With a passion for writing, Suraj diligently crafts well-researched articles on a wide range of trending Real Estate topics, encompassing Investments, Buying Tips, Home Loans, Home Buying, and Legal Guides. With an exceptional ability to communicate complex concepts in a clear and engaging manner, Suraj provides valuable insights and expert analysis to empower readers in their real estate endeavors. His dedication to delivering high-quality content makes him a trusted authority in the field, offering a reliable resource for real estate enthusiasts and investors alike.

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