Why is Worli so expensive?

Why is Worli so expensive?

The major reason why Mumbai is expensive is due to the high land costs. Residential and commercial spaces in Mumbai come at a high price.

Which is the poshest area in Mumbai?

1. Malabar Hill. Malabar Hill is not just Mumbai’s but India’s most exclusive residential address, where most of the residents are billionaires and millionaires. Apart from luxurious condos and penthouses, the hillock area also has few marquee properties priced at Rs 300 crores and above.

What is the difference between Mumbai City and Mumbai Suburban?

Mumbai City district consists of the Southern part of Salsette Island – the area is called South Mumbai. Mumbai Suburban district consists the Western, Eastern, Central and Northern parts of the city. The northernmost portion of the island – outside Mumbai city limits – lies in Thane district .

Why South Mumbai is the most diverse area in India?

South Mumbai is one of India’s most diverse areas since it contains a variety of eating options from 5-star hotels to street food. Being connected to the coast has also made it a very important port for business. The city of Mumbai lies on Salsette Island.

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What is it like to live in South Mumbai?

Due to the Bombay Rent Control Act there are a lot of residents in South Mumbai who are in fact not at all wealthy. They live on expensive property but have little liquidity. The young people from such families are a peculiar lot. They are technically “Townies” (oh yes I forgot to mention South Mumbai is never called South Mumbai.

What is South Bombay culture?

“South Bombay” and by extension the term South Bombay culture are rather ambiguous. The expansion of the city has resulted in cultural homogeneity between the extreme south, and large parts of the city which were originally considered suburbs. This has effectively rendered the geographical connotations of the term meaningless.