Mumbai is ranking 7th among the top cities of the world for luxury housing demand. Houses being sold in the area of South Mumbai, which includes Napean Street, Malabar Hills, Lower Parel, Prabha Devi are in range of a million dollar to upto ten million dollar.
But the real demand comes from the suburban Mumbai, which includes areas of peninsular Mumbai areas like Powai, Andheri, Juhu, Borivali, Kandivali and areas of Navi Mumbai like Vashi, Kharghar, Sea wood has considerable demand and are quite affordable to the high income middle class hoi polloi. Price map can be seen hereunder.