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Top 10 Most Affordable Homes Located In Mumbai Metropolitan Region

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These are currently the 10 best projects to buy a home for buyers looking for affordable homes in and around Mumbai

Mumbai, the city of dreams, where the stars reside and real estate prices keep skyrocketing. Have you always dreamt of buying a home in Mumbai but couldn’t due to budget restraints? That feeling of finally ‘arriving’ in the Maximum City will only be fulfilled when you buy a home here. 

RealtyNXT is here to strike out the mission out of this mission impossible! Presenting the top 10 affordable homes in and around Mumbai.

1. Builder: Raunak Group

Project: Raunak City /Raunak Urban Centre

Type: 1BHK/2 BHK

Carpet Area (in sq. ft.): 403/410

Location: Raunak City Road, Kalyan (West)

Price: Rs 34 Lacs onwards

Construction status: Ongoing – Sector 4

OC status:

Possession: Dec 2024

Raunak Group’s most ambitious project is located at Khadakpada-Adharwadi in the neighbourhood of Kalyan. It will actually be a city within a city with Kalyan’s first smart homes, high street retail, education institutes, sports and lifestyle amenities and a hugely upgraded social infrastructure. The price is a steal considering the scale at which is it being mounted. 

2. Builder: Mayfair Housing

Project: Mayfair Aasaan

Type: 1BHK

Carpet Area (in sq. ft.): 398

Location: Asangaon

Price: Rs 18.99 lakhs

Construction status: Completed

OC status: Received

Possession: Ready-to-move-in

Built by one of the city’s most trusted brand names Mayfair Housing, Mayfair Aasaan is located in the heart of nature in Asangaon. With flawless connectivity in and around the city, it is the perfect place to call home. From an investment point of view, real estate experts predict that the rates of property in Asangaon are going to triple in the next few years. 

3. Builder: Raunak Group

Project: Raunak Heights

Type: 1BHK

Carpet Area (in sq. ft.): 409

Location: Ghodbunder Road, Thane West 

Price: Rs 50 lacs

Construction status: Ongoing

OC status:

Possession: Dec 2020 onwards

When it comes to superior quality, Raunak Group is unbeatable. The most attractive feature of Raunak Heights is that is surrounded by excellent social infrastructure. Homes in this project are modern and contemporary with close proximity to the Eastern Express Highway. Ghodbunder Road is a location which provides the best connectivity across Mumbai and Thane. Buying a 1BHK here would be a great investment as the price of homes in this area are rising by the minute. 

4. Builder: Mohan Group

Project: Mohan Willows

Type: 1BHK & 2 BHK 

Carpet Area (in sq. ft.): 347 

Location: Badlapur

Price: Rs 36.9 lakhs onwards

Construction status: Completed

OC status: Received – Phase 1 & 2

Possession: Ready-to-move-in

Mohan Willows embodies Mohan Group’s motto of ‘going green’. The project is laced with eco-friendly facilities like energy efficient lighting fixtures, energy efficient ventilation systems, garbage disposal system, and an on-site nursery. So if you wish to own a home and contribute to the planet, this is the best place to invest.

5. Builder: Squarefeet Group

Project: Regal Square

Type: 1BHK 

Carpet Area (in sq. ft.): 340

Location: Bhiwandi

Price: Rs 30 lakhs onwards

Construction status: Ongoing

OC status:

Possession: Dec 2020

If you are looking for a good 1BHK home, Squarefeet Group’s Regal Square in Bhiwandi is ideal. The project boasts of excellent amenities, great connectivity and Vastu compliant homes. The project consists of 10 14-storey towers with a total of 550 units.

 

6. Builder: Rustomjee Group

Project: Rustomjee Avenue D1

Type: 1BHK & 2BHK

Carpet Area (in sq. ft.): 330.88/512.04

Location: Virar (West)

Price: Rs 31.93 lakhs onwards

Construction status: Under construction

OC status:

Possession: December 2020

Located in Global City, Virar (West), Rustomjee Avenue D1 is being built by renowned developer Rustomjee Group. This project is one of the biggest opportunities for those searching for affordable homes to own a home built by Rustomjee Group. This project will have world-class amenities like swimming pool, basketball court, a 2.35 lakh sq. ft clubhouse, an amusement park and much more. All these are a part of the Global City township. 

7. Builder: Godrej Properties

Project: Godrej Nirvaan

Type: 1BHK

Carpet Area (in sq. ft.): 425

Location: Thane Extension

Price: Rs 43 lakhs

Construction status: Under construction

OC status:

Possession: December 2023

With a premium brand like Godrej Properties one expects nothing but the best. Their upcoming project Godrej Nirvaan will leave no room for disappointments. It promises to have excellent quality amenities and provide great connectivity in and around the city. Work on this project has recently begun.

8. Builder: Poonam Developers

Project: Poonam Park View (phase 2)

Type: 1BHK, 2BHK & 3BHK

Carpet Area (in sq. ft.): 486/692/909

Location: Virar (West)

Price: Rs 34.3 lakhs onwards

Construction status: Under Construction

OC status:

Possession: December 2020

Located in Global City, Virar (West), Poonam Park View by Poonam Developers is being built keeping in mind the needs and desires of modern residents of today’s times. Amenities like ATMs, state-of-the-art hospitals, schools, colleges and public parks are close by. The project is a part of a large township and its USP is not just limited to its location. 

9. Builder: Akshar Group

Project: Akshar Evita

Type: 1BHK

Carpet Area (in sq. ft.): 695

Location: Dronagiri

Price: Rs 30.93 lakhs onwards

Construction status: Under construction

OC status:

Possession: December 2020

Located at Dronagiri in Navi Mumbai are these spacious 1 BHK boutique homes. The project is merely 15 mins away from the proposed Navi Mumbai airport and a home here would mean hassle-free air travel in the near future. This is a mixed-use project with the ground floor dedicated to shops and offices. 

10. Builder: Sadguru Builders

Project: Sadguru Sky Heights

Type: 1BHK & 2BHK

Carpet Area (in sq. ft.): 421/605  

Location: Nalasopara (West)

Price: Rs 30.51 lakhs onwards

Construction status: Under construction

OC status:

Possession: March 2020

This 5-winged 10-storey project will have spacious homes along with a wide range of amenities including a jogging track, multipurpose court, rain water harvesting, landscaped garden and a garden for kids. Sadguru Sky Heights has 1BHK and 2BHK homes at affordable prices and is in close proximity to Nalasopara railway station.

ALSO READ: Top Five Certified Green Buildings of India

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