Best Affordable Housing Localities in Mumbai 2025-26

Mumbai, India’s magnetic, fast-paced metropolis, can feel like a dream — until you start looking for a home. With sky-high property prices, affordable places to live in Mumbai might seem almost mythical, and the hunt for cheap areas in Mumbai can feel daunting. But there’s a real shift happening: the rise of low-budget construction and a growing supply of affordable flats in Mumbai are opening doors for middle-income buyers who once thought homeownership was out of reach.

According to Knight Frank’s Affordability Index, homebuyers in Mumbai now spend about 48 per cent of their income on EMIs, down from 50 per cent last year – the first time the city’s affordability ratio has fallen below the 50 per cent threshold.

This comprehensive blog highlights the top 15 areas where affordable housing developers in Mumbai are making the dream of owning a home a reality for middle-income buyers.

Source: Economic Times

15 Top Affordable Areas in Mumbai – Up-and-Coming Areas for Budget Buyers

If you’re searching for the cheapest property in Mumbai that still offers good connectivity and a decent lifestyle, this list will help you cut through the noise. These are the 15 top affordable areas in Mumbai where affordable housing in Mumbai is actually within reach for budget buyers and first-time homeowners.

1. Dombivali
2. Panvel
3. Virar
4. Thane
5. Navi Mumbai
6. Mira Road
7. Bhiwandi
8. Ulwe
9. Ambernath
10. Kalyan
11. Taloja
12. Badlapur
13. Karjat
14. Nalasopara
15. Kharghar

Disclaimer: These are approximate figures based on public data; actual costs vary based on builder, project, carpet area, amenities, and whether the unit is resale or new.

1. Dombivali 

Dombivali is an eastern suburb renowned for its cultural heritage and rapid urbanisation, offering a mix of traditional and modern lifestyles. It is well-connected to Mumbai via the Central Railway line and by road through the Kalyan-Shilphata Road, making it an attractive location for commuters and boasts affordable housing projects in Mumbai that cater to families and professionals alike. The presence of schools, malls, and hospitals, alongside recreational areas like Palava City and the KDMC Sports Complex, enhances its appeal for families and young professionals alike.

Starting Price: ₹72.7 Crore for a 1 BHK
Landmarks: Palava City, KDMC Sports Complex, and Xperia Mall.

Suggested read: Affordable Housing in Gurgaon

2. Panvel

Panvel, located in the Raigad district, is a gateway between Mumbai and the popular holiday destinations of Goa and Pune. Its strategic position near the Mumbai-Pune Expressway and the upcoming Navi Mumbai International Airport makes it a magnet for those seeking affordable flats in Mumbai. This location offers a blend of connectivity and natural beauty, making Panvel a sought-after location for those seeking a serene yet accessible living environment.

Starting Price: ₹20 –  ₹46.58 Lakhs for a 1 BHK
Landmarks: Panvel Railway Station, Karnala Bird Sanctuary, and Adai Waterfall.

3. Virar

Virar, north of Mumbai, is appreciated for its affordability, green spaces, and relaxed lifestyle. It’s part of the Vasai-Virar Municipal Corporation and offers easy access to Mumbai via the Western Railway. Attractions like Arnala Beach and Yazoo Park provide recreational options for residents, making it a family-friendly area with a growing community of homebuyers looking for a peaceful life close to nature.

Starting Price: ₹6.5 – ₹90 Lakhs for a 1 BHK
Landmarks: Arnala Beach, Yazoo Park, and Jivdani Temple

Suggested read: Housing Finance Companies

4. Thane

Thane, often considered close to Mumbai’s cheapest area clusters on its outskirts, is a vibrant locality that blends urban conveniences with natural beauty. Known as the City of Lakes, it offers excellent infrastructure with a wide range of schools, malls, hospitals, and leisure spots. Popular landmarks give residents plenty of recreational options amidst the city’s bustle. Thane’s strong connectivity to Mumbai through the Eastern Express Highway and the Central Railway line makes it a preferred choice for many. 

Starting Price: ₹20 – ₹30 Lakhs for a 1 BHK
Landmarks: Upvan Lake, Tikuji-ni-Wadi, Masunda Lake and Korum Mall.

Suggested read: Affordable Housing Localities in Noida

5. Navi Mumbai

Navi Mumbai, designed as a planned township, is known for its organized infrastructure, wide roads, and ample green spaces. It offers a variety of affordable housing options, particularly in areas like Kharghar and Vashi. Key landmarks include Wonder Park, offering replicas of the Seven Wonders of the World, and Seawoods Grand Central Mall,  Navi Mumbai’s largest and most popular shopping center, providing a comprehensive retail and entertainment experience.

Starting Price: ₹23 – ₹90.2 Lakhs for a 1 BHK
Landmarks: Central Park, Kharghar; CIDCO Exhibition Centre

6. Mira Road

Mira Road, nestled between the bustling city and the serene Sanjay Gandhi National Park, offers a harmonious blend of urban living and nature. Its development has been rapid, with various housing projects catering to different budgets. Affordable housing developers in Mumbai have focused on this area and is well-connected to Mumbai via the Western Railway and the Western Express Highway, with landmarks like Miraj Cinemas adding to its urban appeal.

Starting Price: ₹67 – ₹92.5 Lakhs for a 1 BHK
Landmarks: Sanjay Gandhi National Park, Miraj Cinemas

7. Bhiwandi

Bhiwandi is known for its extensive warehousing and logistics hub, contributing significantly to Mumbai’s commercial landscape. It’s becoming increasingly popular for affordable housing due to its connectivity to the Mumbai-Nashik Expressway and the upcoming Metro projects. The Bhiwandi Nizampur City Municipal Corporation and Kasheli Bridge are notable landmarks, symbolizing the area’s blend of industrial growth and residential development.

Starting Price: ₹12.8 – ₹57.2 Lakhs for a 1 BHK
Landmarks: Bhiwandi Nizampur City Municipal Corporation, Kasheli Bridge

Suggested read: Best Resident Projects in Noida

8. Ulwe

Ulwe, a node of Navi Mumbai, is fast gaining popularity due to its proximity to the upcoming Navi Mumbai International Airport and strategic coastal location. It is expected to benefit significantly from infrastructural developments, including the Sewri-Nhava Sheva Trans Harbour Link. Landmarks like the Ramsheth Thakur International Sports Complex offer residents ample opportunities for sports and recreation. With new construction in Mumbai focusing on this area, prices for a 1 BHK start at ₹23 Lakhs.

Starting Price: ₹32.5 – ₹70 Lakhs for a 1 BHK
Landmarks: Navi Mumbai International Airport (upcoming), Ramsheth Thakur International Sports Complex

9. Ambernath

Ambernath, located on the Central Railway line, is known for its affordable housing projects amidst scenic landscapes. Ambernath is a popular choice for those looking for affordable flats in Mumbai. The area is well-connected to the rest of the city and is undergoing rapid development, making it an attractive location for investors and home buyers. It’s a blend of industrial and residential areas, with landmarks such as the ancient Shiv Mandir and Chikhloli Dam, offering a peaceful and culturally rich living environment.

Starting Price: ₹24.58 – ₹34.53 Lakhs for a 1 BHK
Landmarks: Shiv Mandir, Chikhloli Dam and Ambreshwar Shiva Temple

10. Kalyan

Kalyan, a city with a rich historical background, is emerging as a preferred location for Mumbai’s affordable housing due to its comprehensive development plans. It is home to several educational institutions, hospitals, and everyday amenities, making it ideal for families seeking a peaceful and budget-friendly lifestyle. Its strong rail and road connectivity to Mumbai, along with historic forts and local landmarks, makes Kalyan an appealing choice for those wanting to balance heritage with modern living.

Starting Price: ₹13.3 – ₹53.2 Lakhs for a 1 BHK
Landmarks: Kalyan Fort, Durgadi Fort and Metro Junction Mall.

Suggested read: Affordable Housing in Chennai

11. Taloja

Taloja, located near Navi Mumbai, is an emerging residential area known for its affordability and industrial growth. It is well-connected via the Navi Mumbai Metro and the National Highway 4, making it accessible for daily commuters. The presence of educational institutions, healthcare facilities, and recreational areas like Central Park makes Taloja a convenient choice for families and professionals seeking affordable housing.

Starting Price: ₹23.1  – ₹50 Lakhs for 1 BHK
Landmarks: Taloja MIDC, Central Park, and Taloja River

12. Badlapur

Badlapur, situated on the outskirts of Mumbai, is gaining popularity for its scenic beauty and affordable housing options. It is connected to Mumbai via the Central Railway line, making it a feasible option for those who work in the city but prefer a quieter living environment. The area is known for its green spaces, including parks and picnic spots, making it ideal for families.

Starting Price: ₹16.5 – ₹37.9 Lakhs for 1 BHK
Landmarks: Barvi Dam, Matheran Hill Station (nearby), and Kondeshwar Temple

13. Karjat

Karjat, known for its picturesque landscapes and historical sites, is one of the cheapest areas in Mumbai for homebuyers seeking value without sacrificing quality of life. Its proximity to Mumbai and Pune, along with well-developed road and rail connectivity, makes it a viable option for budget-conscious buyers. The area offers a serene lifestyle, with ample green spaces and recreational spots, appealing to those seeking a peaceful retreat from the city’s hustle and bustle.

Starting Price: ₹17 – ₹28.21 Lakhs for 1 BHK
Landmarks: ND Studios, Kondana Caves, and Ulhas Valley

14. Nalasopara

Nalasopara, a part of the Vasai-Virar Municipal Corporation, is recognized for its affordability and growing infrastructure. It is well-connected to Mumbai via the Western Railway line, making it accessible for daily commuters. The area has seen significant residential development, with several affordable housing projects catering to middle-income buyers.

Starting Price: ₹31 – ₹39 Lakhs for 1 BHK
Landmarks: Rajodi Beach, Tungareshwar Wildlife Sanctuary, and Jivdani Temple (nearby)

15. Kharghar

Kharghar, one of Navi Mumbai’s most developed nodes, is often seen as a strong contender for the cheapest place to live in Mumbai among planned localities offering modern amenities. It is known for its well-planned infrastructure, educational institutions, and recreational facilities. The upcoming Navi Mumbai International Airport and expanding metro connectivity further enhance its appeal, making it a sought-after location for budget-friendly living.

Starting Price: ₹35 – ₹86 Lakhs for 1 BHK
Landmarks: Central Park, ISKCON Temple, and Kharghar Hills

These top 15 areas showcase Mumbai’s evolving residential landscape, where affordable housing is no longer just a dream but a reality for many. With strategic locations, key landmarks, and a focus on community living, these hotspots offer potential homeowners a diverse range of options, making the dream of living in Mumbai accessible and enjoyable. Whether you’re a first-time homebuyer or looking to invest, Mumbai’s affordable housing sector presents an opportunity to be part of a dynamic and inclusive urban community.

FAQs About Affordable Housing  Localities in Mumbai