Monthly Rent Trends for Serviced Apartments in Mumbai for Expats

Mumbai, India’s financial capital, is a melting pot of cultures, professions, and opportunities. With an ever-increasing influx of expatriates, NRIs, and corporate professionals, the demand for comfortable, flexible, and high-standard housing has grown significantly. One of the most preferred accommodation options among expats is serviced apartments in Mumbai.

In this article, we explore the monthly rent trends, layout types such as 1BHK, 2BHK, and 3BHK, furnished vs unfurnished choices, and what makes corporate serviced apartments ideal for both short and long-term stays. Powered by insights from Adopremium, a trusted provider of high-quality serviced apartments in India, this guide is tailored to inform expats planning to relocate to or currently residing in Mumbai.

Why Expats Prefer Serviced Apartments in Mumbai

1. Comfort with Flexibility

Unlike hotels, serviced apartments offer the warmth of a home. Whether you’re on a 3-week project or a year-long assignment, these apartments adapt to your duration and needs.

2. Prime Locations

Serviced apartments are strategically located near business hubs like Bandra-Kurla Complex (BKC), Andheri East, Lower Parel, and Powai, ensuring minimal commute and easy accessibility to work, entertainment, and healthcare.

3. Cost-Effective Living

Compared to long-term hotel stays, serviced apartments in Mumbai are a more economical option for expats, offering modern amenities without the heavy price tag.

Monthly Rent Trends by Apartment Type

Let’s break down the current rent trends for expat-friendly serviced apartments in various configurations.

1BHK Serviced Apartments

  • Ideal For: Single expats, couples, or short-stay business travelers
  • Top Locations: Powai, Andheri East, Worli

The 1BHK option is popular among solo expats due to its compact space and lower cost. Furnished options include a fully equipped kitchen, Wi-Fi, smart TV, and weekly housekeeping.

2BHK Serviced Apartments

  • Ideal For: Small families, senior consultants, or long-stay professionals
  • Top Locations: BKC, Lower Parel, Juhu

These apartments strike a balance between space and affordability. Most corporate serviced apartments fall into this category, catering to teams or families relocating to Mumbai.

3BHK Serviced Apartments

  • Ideal For: Families with children, senior executives
  • Top Locations: Bandra, Marine Drive, Altamount Road

3BHK units offer expansive space and privacy, often including en-suite bathrooms, balconies, and home-office zones—perfect for high-level expats.

Short Stay vs Long Stay: What to Choose?

Short Stay (Less than 30 Days)

  • Best for: Business travelers, interns, medical tourists
  • Pricing: Often higher per night than long stays
  • Inclusions: Daily or weekly cleaning, concierge services, kitchen facilities

Short stays typically come with hotel-like services, allowing for a hassle-free temporary experience. Adopremium offers exclusive short-stay packages for executives and diplomats.

Long Stay (30 Days to 12+ Months)

  • Best for: Corporate assignments, relocated families
  • Pricing: Lower per month, flexible lease options
  • Inclusions: Full-service or partial-service based on preference

Long-term stays are more economical and often allow personalization—ideal for those who want to settle in for extended periods.

Furnished vs Unfurnished Serviced Apartments

Furnished Serviced Apartments

  • Includes: Furniture, kitchen appliances, internet, laundry, utilities
  • Pros: Move-in ready, minimal setup required
  • Recommended For: New expats, short/medium stayers

Most serviced apartments in Mumbai are fully furnished. Adopremium ensures each unit is well-stocked with essentials and premium furnishings.

Unfurnished Serviced Apartments

  • Includes: Basic structure only (some include lighting and wardrobes)
  • Pros: Customization, lower initial rent
  • Recommended For: Long-term residents, expats with families bringing their own furniture

While not as popular, unfurnished apartments may be more cost-effective over time for expats staying longer than 12 months.

Corporate Serviced Apartments in Mumbai

These are specifically designed to accommodate working professionals. Key features include:

  • Proximity to commercial hubs
  • Conference/meeting room access
  • High-speed internet and printing facilities
  • Multi-tier security

Adopremium provides tailored corporate housing with 24×7 support, making it easier for HR teams to relocate staff seamlessly.

Location Matters: Top Areas for Expats

  • Bandra West – A social hotspot with luxury and mid-range serviced apartments
  • Andheri East – Corporate-heavy and close to the airport
  • Powai – Modern infrastructure and lake views, ideal for families
  • Lower Parel – Upscale living, near corporate towers
  • Juhu & Versova – Beach access with lifestyle amenities

Each neighborhood has its own character. Adopremium helps clients choose based on workplace, lifestyle, school zones, and budget.

Adopremium: Redefining Serviced Living for Expats

At Adopremium, we understand the specific needs of expats relocating to Mumbai. Whether you’re looking for a 1BHK in a quiet neighborhood, a fully furnished 3BHK near your child’s school, or a short-term corporate pad near your office—we deliver quality, safety, and comfort.

Our platform features handpicked serviced apartments in India, each thoroughly vetted for quality and service standards.

Tips for Renting a Serviced Apartment in Mumbai

  1. Clarify the lease terms – Know what’s included in the rent
  2. Check for hidden charges – Electricity, maintenance, and internet may be billed separately
  3. Visit (or do a virtual tour) – Always view the apartment before booking
  4. Understand cancellation and refund policies – Especially important for short-term stays
  5. Use a trusted provider like Adopremium – Verified listings save time and avoid scams

Conclusion

For expats coming to Mumbai, finding the right place to stay is critical to ensuring a smooth transition into a new country. Serviced apartments in Mumbai offer flexibility, comfort, and affordability—key for both individuals and families. Whether you choose a 1BHK near a coworking space or a 3BHK for your family near international schools, Adopremium can guide you every step of the way.

By understanding rent trends, available configurations, and your own lifestyle needs, you can make informed choices and settle into Mumbai with confidence.

FAQs About Serviced Apartments in Mumbai

1. What is the average monthly rent for serviced apartments in Mumbai?

The average rent ranges from INR 65,000 for 1BHKs to INR 3.5 lakh for high-end 3BHK units, depending on the location and amenities.

2. Are all serviced apartments in Mumbai furnished?

Most are fully furnished, especially those for short-term corporate use. However, unfurnished options are available for long stays.

3. Can I get a serviced apartment in Mumbai for just one month?

Yes, short-term leases starting from 7 days to 1 month are available. Adopremium offers flexible terms.

4. Are serviced apartments in Mumbai suitable for families?

Absolutely. There are 2BHK and 3BHK serviced apartments with family-friendly amenities and locations.

5. What’s the difference between corporate serviced apartments and regular ones?

Corporate apartments cater to professionals and include services like high-speed internet, workspaces, and access to business centers.

Read More: What to Expect from Luxury Serviced Apartments in Pune?

Leave a Reply

Your email address will not be published. Required fields are marked *

BDnews55.com