Real Estate in Mumbai, India

Last updated on Feb 03, 2023

Summary: The average cost of a nice 2 bedroom home in Mumbai, India is around $200,000 USD. A nice 3 bedroom home in Mumbai is around $300,000 USD. These properties typically include modern amenities such as air conditioning, a kitchen, and a balcony. There are no restrictions on foreign ownership for properties in Mumbai. An expat should search for a home to buy in Mumbai by researching the different neighborhoods and areas, looking at listings online, and visiting the area to get a better feel for the area. The most desirable neighborhoods in Mumbai include Bandra, Juhu, Malabar Hill, and Worli.

How do I find a place to live in Mumbai?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"We live in Powai; I chose the area by finding the middle spot on the map between my husband's office commute and my kids' school bus ride," remarked one foreigner who made the move to Mumbai.

"One of the best ways to find a place to live in Mumbai is to use online resources such as rental websites, classifieds, and real estate agents. You can also search for local newspapers and magazines that list available properties. Additionally, you can ask friends and family who live in the area for recommendations. Once you have narrowed down your search, it is important to visit the property in person to ensure it meets your needs," explained one person living in Mumbai, India.

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About the Author

Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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