Considering buying a penthouse in Mumbai? Mumbai is one of the best locations to invest in luxury real estate. There are a few locations where you’ll find quite a few ultra-luxury apartments in Mumbai from leading real estate developers. In fact, the luxury housing market is the biggest in Mumbai arguably since the city is home to the highest number of high net worth individuals in India. You can find some of the best penthouses in India across these locations if you have the moolah to match!
Toniest areas to buy a premium penthouse in Mumbai
1. Lower Parel
Lower Parel is one of the most prime areas where you will easily find an exclusive duplex house for sale in Mumbai. Lower Parel is located strategically near key zones like Worli and Mahalaxmi while the CBD at Nariman Point is also easily accessible from here. There are the Parel and Lower Parel railway stations at hand while the Mumbai Central railway station is only 4.2 kilometers away from the locality. The Chhatrapati Shivaji International Airport is located approximately 21 minutes away. The Western Express Highway is a major connectivity lifeline while the Mumbai Metro expansion is a major connectivity booster for the area too.
Lower Parel is home to some of the biggest MNCs and corporates in the country, being one of the largest commercial and business hubs in Mumbai. The Eastern Express Highway is also accessible from Lower Parel along with the Bandra-Worli Sea Link. Prices usually range between Rs. 1.7-35 crore in the area which is one of the costliest in Mumbai. There are reputed educational institutions here including the J J Primary English School, Seth GS Medical College, WLCI College and others. Hospitals like the NM Joshi Hospital and MGM Hospital are located nearby while shopping malls like High Street Phoenix and Palladium Mall are also major landmarks. In fact, Lower Parel is filled with restaurants, shopping centers and retail stores, pubs, bars, stores and other recreational zones.
Another great place to scout for duplex flats in Mumbai, Worli is one of the best residential locations in the city. Worli is home to several luxury projects by top developers with prices ranging between Rs. 1.5-30 crore on an average. Worli is one of the most prestigious residential locations with excellent connectivity to the CBD at Nariman Point and Lower Parel along with the Bandra-Worli Sea Link and also the Airport. Worli is home to several leading companies such as the Birla Group, Tata Group and Deloitte to name a few. The Mahalaxmi and Dadar railway stations are also well linked to Worli while the monorail will be a major connectivity booster in the years to come. Worli will also benefit from the Western Freeway project. Worli is home to several educational institutions like Little Star, Babasaheb Gawde English Medium School and Vantage Institute of Financial Market in tandem with hospitals like the ESIS Hospital, Poddar Hospital and Bosco NH and ENT Research Centre. There are several hotels in the area while neighbouring Lower Parel offers easy access to malls, restaurants and recreational zones galore. Worli Seaface is, of course, a major attraction.
One of the most coveted places to live in Mumbai, Bandra is home to legends like Sachin Tendulkar, Shah Rukh Khan and Salman Khan amongst a galaxy of another sporting, Bollywood and business personalities. The Bandstand is a major hangout here along with the nearby Linking Road which is a shopping hub. Bandra is also home to the Bandra-Kurla Complex, one of Mumbai’s largest business hubs which is home to some of the top companies in the country. Other landmarks include Hill Road which is another top shopping joint with several restaurants and retail stores, Jogger’s Park, Bandra Fort, and Carter Road promenade.
Bandra has its own railway station and offers great connectivity through the Bandra-Worli Sea Link. The Link Square Mall is another shopping mall here while educational institutions in and around the area include the St. Stanislaus High School, Saint Theresa’s High School, Mount Mary Convent High School, and many others. Top hospitals nearby include the Lilavati Hospital & Research Centre and Bhabha Hospital. Luxury properties are available in Bandra for anything between Rs. 3.5-15 crore and more.
Prabhadevi is another gem located strategically between Worli and Dadar. This residential area is famous for its Siddhivinayak Temple which is thronged by innumerable devotees each day. Prabhadevi is also well connected to the Elphinstone railway station and is also well linked to the Mahalaxmi Race Course and Lower Parel along with Nariman Point and the BKC (Bandra-Kurla Complex). Prabhadevi also offers easy access to the Worli Sea Face and is near several reputed educational institutions like the Dadar Catering College and Lala Lajpatrai College. Shivaji Park is nearby and so are countless restaurants spread across Lower Parel and Dadar. The Palladium or High Street Phoenix Malls are accessible along with the Atria in Worli and other shopping centers. Hospitals nearby include the Lilavati Hospital, Jaslok, Breach Candy Hospital, and Seven Hills. Premium apartments in Prabhadevi can come for anything between Rs. 4-15 crore.
Arguably the most popular residential destination in Mumbai with its own huge beachfront and home to Bollywood’s top stars and leading industrialists, Juhu has its own charm in a manner of speaking. No wonder properties are usually priced anywhere between Rs. 4.5-17 crore here. Juhu is well connected to Versova, Khar, Vile Parle, and Santacruz. The Andheri, Santacruz and Vile Parle railway stations are easily accessible from this locality along with the BKC and Goregaon which are bustling commercial destinations. Juhu is only 4 kilometers away from the airport while the metro railway network is a major connectivity enhancement for residents.
Juhu is home to numerous hospitals like the Dr. R N Cooper Municipal Medical College & General Hospital, New World Eye Care Hospital and Nature Cure Hospital along with educational institutions such as the Arya Vidya Mandir, St. Joseph’s Convent High School, Russell Square International College, Maneckji Cooper Education Trust School, RIMS International School, Mithibai College of Arts and innumerable others. Shopping malls near the area include the Diamond Mall, Infinity Mall, Prime Mall, and Dynamic Mall while other attractions include Prithvi Theatre. Juhu is also home to several star hotels.