Cost of Living in Mumbai - Part 2

After my last Article Cost of Living in Mumbai - Part 1, here is a continuation.Buying a property is whole different ballgame. Mumbai is a costly city to buy a house of your own and the costs can be a real strain on the budget. You can get a loan from any bank for the same but the present interest rate is bit too high although you can get a tax benefit.

The Chart above gives an idea about the prevailing property rates (Source Times of India).

And then there are service apartments available in Mumbai, the apartments are usually fully furnished with basic amenities and are usually equipped with a kitchen. For a short term stay they are an excellent option since you save money compared to the rent you would pay in a hotel and you can cook your own food. You can get a medium service apartment at the rate of 4500 INR per day to a good one at 15000 INR per day.

2. Eating Out – If you are the kind of person who likes to eat out a lot and try out the local cuisines then there are a lot options available in Mumbai. You could eat a normal Indian breakfast for as low as 15 INR with a cup of tea for 5 INR. Eating out in a medium sized road side restaurant could cost you from 150 INR per person to 400 INR per person. A good restaurant could put you back by 3000 INR for a dinner for two. It all depends on what you want to eat. You can buy a book called the Times Food Guide which comes for approx. 195 INR and has all the restaurants listed along with the cost of food for two people. Usually all good restaurants accept Credit cards. Eating out in a fast food joint for two could be as low as 160 INR for two. I am really tempted to list down a few famous budget places here to eat –

Moshes (located in Cuff Parade) – Serves Continental, Israeli and mid east style food. A Meal for two could be above 1000 INR.

Leopold ( Located in Colaba) – Although its not a very trendy place but everyone goes there atleast once. And the food is not costly either ( 400 INR for two)

Pasta & Pizzeria Area (Located in Churchgate) - Cost: Rs. 400-500 for two
Now this place has one of the most brilliant locations in Mumbai …bang on marine drive…

Cha Bar at Oxford Book stall Area (Located in Churchgate) - Its USP, read book sitting in good surroundings, sipping whatever kind of tea u want , reading a new pick from Oxford’s book collection.

Swati Snacks Area (Located in Tardeo Road) - Cost: Rs. 350-400 for two. This place is must visit atleast once in ur gastronomic pilgrimage

Café Madras (Located in Matunga) - Now this place has the best Dosas and idlis one can have and all this wont cost more than Rs. 100-150 for two…

Café Brittania (Located in Fort. & near Flora Fountain) - Now this is the place which if one goes by food only will realize still stands out for its Parsi Fare……

5 spices (Located in Fort. & near Flora Fountain) - Cost : Rs. 250-300 for two. Now this place is the ultimate definition of Economy + Quality + Quantity combo. This Chinese eatery might be considered a bit indianized but once u order and see the generous portions they serve and how it tastes….

Conversion Rate at the time of writing the blog -

1 USD = 49 INR
1 Euro = 70 INR

Related Posts

Cost of Living in Delhi

Cost of Living in Mumbai - Part 1

Cost of living in Mumbai - Last Part

How to make a family budget


zoe said...

Even if you get the loss, the provider should be dare enough to post the

same in the site performance

**Even if you get the loss, it should be a clear and satisfactory loss

instead of fake and unsatisfied profits

Your blog has good info...

Anonymous said...

Now, more than 40 years after its humble grand opening, The North Face Sale has never stopped exploring and delivers an extensive line of performance apparel, equipment, and footwear. We push the boundaries of innovation so that you can push the boundaries of exploration. We remain deeply proud to push the north face jackets on sale.

wengman said...

cheap oakley sunglasses
cheap ray ban sunglasses

cheap gucci belts for men
cheap gucci belts

cheap new era caps
cheap puma shoes

North Face Jackets Clearance said...

Despite the world economic downturn, But it can not stop the people to buy their favorite clothing. So during these time, how to find the cheap but good clothing and things is needed. Sharing a good news. Stock north face clearance up to 60% off,it is really a great saving, north face jackets clearance for men and women, including many fashion kind .If you take a glance for it, you will like north face fleece clearance. So do not miss the chance!

Plan B Skateboard said...

I've already read part 1 and now able to read part 2. Eagerly waiting for part 3. Hope will see soon.

chennai said...

BuildersDeveloping and
co-promoting real estate projects on joint venture basis properties

Fully Furnished Office Space for rent in Begumpet said...

Wonderful information, I had come to know about your blog from my friend nandu , hyderabad,i have read at least 7 posts of yours by now, and let me tell you, your website gives the best and the most interesting information. This is just the kind of information that i had been looking for, i'm already your rss reader now and i would regularly watch out for the new posts, once again hats off to you! Thanks a ton once again, Regards,

Anonymous said...

Buy the best Fake Oakleys to protect your eyes from UV rays, we offer the best quality Fake Oakley Sunglasses, Cheap Oakleys, Cheap Oakley Sunglasses for Sale. Welcome to order.

xumeiqing said...

20160517 chenxin
toms shoes
instyler max
michael kors watches
coach outlet store online
kate spade outlet
cheap oakley sunglasses
cheap nba jerseys
ray ban outlet
michael kors bags
louboutin pas cher
ugg boots
designer bags
oakley sunglasses
true religion
toms outlet
oakley sunglasses
ray bans
ghd flat iron
nike cortez
adidas shoes uk
ray-ban sunglasses
jimmy choo shoes
michael kors outlet online
louis vuitton handbags
ed hardy outlet
michael kors bags
hollister sale
pandora jewelry
michael kors outlet
ralph lauren pas cher
adidas nmd
oakley sunglasses,oakley sunglass,cheap oakley sunglasses,oakley sunglasses cheap,oakley sunglasses outlet,oakley store,oakley outlet,oakley outlet store,oakley sunglasses sale,oakley sunglasses discount
louis vuitton outlet online
ralph lauren outlet
cartier love bracelet
adidas pure boost
ray ban sunglass,ray ban sunglasses,ray ban outlet,cheap ray bans,cheap ray ban sunglasses,cheap ray bans,ray bans