If you want to stay in Mumabi (Bombay) without spending much money on costly hotels. You need to get more information before investing money on rent.
Suburb Mumbai area like, Navi Mumbai, thane or Borivali are cheap to stay. Why i am saying is that the area in main Mumbai like Bandra or Colaba, you can not get the good room of guest house or hotel at rate in the range of 1000 Rs to 2000 Rs ( $25 – $50 per day).
The best way is to stay at slight away from posh area of Mumbai. Example is Dahisar area’s Adiashray Hotel. Its tarrif is Rs. 800 – 1200 for a good room. Check the picture and address of hotel here. Mumbai local train is well connected to all suburb area, it will cost only 30 to 45 minute time to reach at main Mumbai city area. You can get list of all hotels and guest house’s address and information which provides room at rent below 2000 Rs in Mumbai by clicking here.
At most of the time, temperature in Mumbai is not very cool or not very high, so even if you will not use AC room, you will not feel any discomfort. If you want to cut cost further, use non-AC room. If you are student and want to stay in lodge in Mumbai for low cost, check here to get the details of all lodge in Mumbai.
Mumbai’s posh localities, such as Bandra, Juhu, Worli, Santacruz and Khar are the most expensive areas in Mumbai to get rented flat or apartments. Average rental value is around Rs. 4-10 psft per month. While it requires between Rs 8 to 16 psft per month to rent a flat in Worli or Santacruz.
1 bhk flat will cost near 10000-15000 Rupees rent. 2 bhk flat will cost near 15000- 25000 Rs rent. 3 bhk apartment will cost you 35000-40000 per month. Get more details about price of available flat for rent or lease in Mumbai by clicking here.
The better option for flat is to buy the flat by loan and pay monthly EMI. In this way you have to pay less money per month and you will also be owner of flat.