How Coliving in Mumbai Helps You Beat the City's Housing Challenges

Housing problems in Mumbai can certainly be mind-boggling. While the city is considered to be the backbone of the financial world thanks to its contributions to the international economy, it does seem to come with its share of hassles. Acquiring a house or a reasonable paying guest accommodation is extremely difficult because of high rates and lack of available space. Apart from the intense, harsh reality of competitive pricing, the city lacks basic amenities like proper transportation and positive community centers where citizens can relax. 

The coliving spaces in Mumbai are changing the way we look at living in a colony. Youngsters and working professionals are looking to switch towards affordable housing which fosters a positive attitude towards the community and encourages collaboration. 

In this blog, we will be looking at how coliving spaces in Mumbai have surpassed multi-sharing occupancy apartments. 

The Housing Challenges in Mumbai 

Before we dive into the benefits of coliving, let's look at some major housing issues in Mumbai: 

1. High Rental Costs – The city has one of the highest rental rates in India, making it difficult for individuals to afford spacious accommodations. 

2. Limited Space – Traditional PGs and rental apartments often lack basic amenities and comfort. 3. Long Commutes – With congested roads and expensive transportation, daily commuting can be exhausting. 

4. Upfront Deposits – Many landlords require a hefty security deposit, which can be financially burdensome. 

5. Lack of Community – Living alone or in an unfriendly neighborhood can be isolating, especially for newcomers. 

Coliving provides an innovative solution to these challenges, making city life more comfortable and affordable. 

What is Coliving? 

Coliving is a form of modern housing where residents utilize shared living spaces such as a kitchen or living room, but have the privacy of their own bedroom. These types of setups come with furniture and other shared amenities like lounges, co-working spaces, Wi-Fi, and even cleaning. Unlike traditional PG's or rental apartments, coliving is centered around providing worry-free living while building a sense of community.

Advantages of Coliving Spaces in Mumbai 

1. Affordability Without Compromise 

One of the biggest advantages of finding a coliving space in Mumbai is affordability. Compared to renting an apartment, which typically has a high-security deposit, or a brokerage fee, and monthly maintenance, coliving spaces offer an all-inclusive rent that covers: 

● Furnished rooms 

● Wi-Fi and utility bills 

● Housekeeping services 

● Community events 

For example, if you are searching for a PG in Andheri East (Title:”Coliving Spaces in Andheri East”), coliving options are available as a more cheap and convenient substitute to traditional paying guest accommodations. 

2. Prime Locations With Easy Access 

The monthly rental cost of a coliving unit in Andheri East and West ranges from 21,000 to 49,000 depending on whether the unit is private or shared. Along with Powai, Lower Parel, Bandra, and Goregaon, these places have easily accessible metro stations and bus services. This makes commuting to work or college much easier. 

● PG in Andheri East – Flexible for scheduled working professionals fueled by easy exposure to business centers, urban hubs, metro stations, commercial, and retail centers. 

● PG in Andheri West – Best suited for media professionals, cultured artists, and students because of the vibrant area and the available mobility. 

3. Fully Furnished & Ready-to-Move-In Spaces 

Shifting can be costly in the heart of Mumbai city due to how expensive furniture and appliances are. However, coliving spaces in Mumbai are cost-effective as these are already furnished, eliminating the need to waste time or money. These places come equipped with comfortable beds, closets, air conditioners, a kitchen, and leisure spaces. 

4. No Brokerage & Low Deposits 

Renting a place in Mumbai often comes paired with high brokerage fees and deposits. Paying these fees can be avoided with coliving, as they offer flexible lease contracts paired with low-security deposits, making it easier for young professionals to settle in. 

5. Hassle-Free Maintenance & Housekeeping 

Most PGs, as well as rental apartments, expect the tenants to do the cleaning and maintenance work by themselves. However, with coliving spaces, the use of housekeeping facilities offered means a cleaner and more comfortable environment without any additional work. 

6. High-Speed Internet & Coworking Spaces

Coliving spaces also provide the benefits of fast internet and designated coworking spaces to freelancers or remote workers. These facilities are a huge advantage for those who need to work at home but also need a suitable space to be productive. 

7. Vibrant Community & Networking Opportunities 

Unlike traditional PGs, coliving emphasizes community living. Residents can participate in: ● Social events 

● Networking meetups 

● Hobby clubs 

● Yoga and fitness sessions 

This helps newcomers build friendships and professional connections in a new city. 

8. Safety & Security 

Coliving structures have a primary focus on security, providing 24/7 surveillance, biometric locking systems, and CCTV cameras. This fosters a safe environment for students and working professionals, offering peace of mind. 

Best Areas for Coliving in Mumbai 

If you're looking for coliving spaces Mumbai, consider these areas: 

1. Andheri East – Business hub with excellent connectivity. 

2. Andheri West – Popular among media professionals and students. 

3. Bandra – Ideal for young professionals who love vibrant nightlife. 

4. Powai – Preferred by IT professionals due to its tech ecosystem. 

5. Lower Parel – Close to corporate offices and luxury residences. 

How to Choose the Right Coliving Space? 

Here are a few tips to help you find the best coliving space: 

1. Budget: Check the rental cost and ensure it covers all amenities. 

2. Location: Choose a place close to work or college to reduce commuting time. 

3. Amenities: Look for essential features like Wi-Fi, security, housekeeping, and coworking spaces. 4. Community: Find a space that fosters social interactions and networking. 

5. Lease Terms: Ensure flexible lease agreements without high deposits or lock-in periods. 

Conclusion 

Residing in Mumbai does not need to be a challenge. You can find managed coliving spaces in Mumbai that provide furnished rooms with a kitchen and a laundry room like a hotel within a well-developed community at a reasonable price without the hassle of signing long-term leases. Say goodbye to the

trouble of booking a PG in Andheri east or west, coliving spaces are a much better option than conventional apartments and PG's. 

Coliving properties have now shifted the paradigm through which people experience the fast-paced lifestyle of Mumbai. With the abundance of social events, constant network opportunities, low prices, and importantly, the strategic location of the properties, coliving has completely changed the game. If you are considering a move to the city, coliving is the best option for a seamless transition.