Mumbai is one of the most expensive cities in the world in terms of residential apartments. Apartment buyers, who are looking for a cosmopolitan twist and a lifestyle embedded in a cultural mix, find Mumbai the best place to live in. However finding an appropriate apartment could be quite a challenging task. Freehold property is very expensive and rents are very steep. It is important to take recommendations from people around to make the correct choice. There is an astonishing range of areas and suburbs in Mumbai to choose from.

Altamount Road in South Mumbai is home to two of the richest industrialists Mukesh Ambani and Kumar Mangalam Birla. This road runs parallel to Peddar Road and meets Kemps Corner. Real estate prices start at 60000 per square foot. It is picturesque with a lot of greenery. Mumbai attracts a lot of investors. Apartments in Malabar Hill are also considered to be the costliest. Malabar hills has an elevation and provides a brilliant view of the stretch between Marine Lines and Nariman Point. It has three best parks of Mumbai; Priyadarshani park, Hanging Gardens and Kamla Nehru Park.

South Mumbai is the southernmost precinct of the city. People refer to the stretch between Mahim to Colaba as South Mumbai and prices of apartments here are the highest. This area houses the most elaborate and richest apartments in Mumbai. The area houses a significant proportion of prime upmarket residential neighbourhoods including Peddar Road, Nepean Sea Road, Carmichael Road, Breach Candy and Walkeshwar Road forming a golden quadrilateral. Areas like Hanging Gardens, Kemps Corner, Cuffe Parade and Malabar hills have beautiful lavish apartments. Lately there has been a surge in apartment construction around Lower Parel, Mahalakshmi, Prabhadevi, Dadar, Matunga, Worli and Curry Road thus making South Mumbai the most prestigious belt to live in. There has been inclusion of a variety of clubs in this belt including Willington Sports Club, Turf Club at Mahalakshmi Race cource, Bombay Gymkhana and the Breach Candy Club.

Bandra is known as the queen of suburbs and lavish apartments here can easily be found and are worthy of every amount they cost. It is one of the most cosmopolitan areas for all kinds of people unlike other conservative areas. One of the most striking features of Bandra is the number and variety of restaurants catering to customers with different cuisine preferences. These restaurants are rated highly not only by the residents but also others who often visit Bandra for a nice culinary experience. The most sought-after area here in the Pali Hill and apartment costs are sky-high. Bandra is long promenades next to the Arabian Sea that add the zest of glamour to this amazing locality.