How Much Does A Villa Cost In Mumbai?

One of the most sought-after places to reside in is Mumbai, the financial centre of India. The city is highly known for its impressive municipal amenities, well-developed social infrastructure, and a sea of employment prospects for those coming to invest in Mumbai, drawing visitors from all over the world. Mumbai was my dream city to dwell in. Hence, I decided to buy a villa in Mumbai and stay there after my retirement. Therefore, I embarked on my journey to discover, how much does a villa cost in Mumbai.

I’d like to provide 2 important factors that will affect the cost of villa in Mumbai;

• Location:

Whether a house is for sale or rent, location has an impact on its pricing. The target market, average demand, and base rental rate will all be impacted by the neighbourhood. Homes in wealthy neighbourhoods, such as those near the beach or in the city centre, are more likely to sell for more money.

• Property’s Features and Facilities:

The price of a villa is influenced by its size. The number of bedrooms, the size of the living space, and the overall square footage are some of the variables that affect the price. We also considered how well the furnishings and finishes were made, the colour scheme, and how recently the house had either been occupied or repaired.

• Bandra Bandstand:

Bandra is undoubtedly one of the trendiest places in Mumbai. It is home to the rich and famous. From your balcony, you will be able to observe landmarks and major attractions such as the Bandra Fort and Mount Mary Church, as well as the spectacular Arabian Sea panorama offered by the buildings in this region. Literally above everything, the area is free of noise and pollution and enjoys a refreshing sea wind. The average property price of a 3 BHK configuration is around Rs. 8,000,000.

• Malabar Hill:

Another neighbourhood in South Mumbai noted for its lavish homes and high-end vehicles is Malabar Hill. Malabar Hill's Gulmohar-lined lanes provide solace in this hectic metropolis. A 3bhk property of 20000 sq ft average size is Rs. 8,000,000 in Malabar Hills.

• Hiranandani, Powai:

The luxurious Hiranandani Complex is located in Powai's northern outskirts. Aside from being the best place to live in Mumbai, this neighbourhood has also been recognised for contributing to the city's economic prosperity. This neighbourhood has it all, including posh residential complexes, commercial centres, expansive gardens, reputable schools, and trendy restaurants. A 2bhk property in Hiranandani is around Rs. 8,500,000.

• Versova:

The beach in Versova just underwent a massive cleanup operation that was labelled the largest beach cleanup in history. Versova, a suburban area similar to Andheri, is recognised as the home to countless sitcom stars and other celebrities. Additionally, the Mumbai Metro offers easy access to Ghatkopar, a suburb in the city centre, as well as direct access to Juhu. A 2bhk property in Versova costs Rs. 7,500,000. 

I’d like to conclude my answer here about how much does a villa cost in Mumbai. I hope this helps:)

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