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Colaba, Mumbai

Mumbai, 400005
Colaba, Mumbai
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Buy: ₹ 61,530 Per Sq. Ft
Rent: 30,000 - ₹ 18 L
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About Colaba, Mumbai

Given that it is one of Mumbai's four peninsulas, the other three being Bandra, Worli, and Malabar Hill, Colaba has a distinct place in the city.

The region's history begins under Portuguese dominance, then after wars with Britain, British rule is established. It doesn't look back after that and has continued to develop.

Colaba is a neighbourhood in Mumbai city today that is part of Ward A, Zone 1, and the Brihanmumbai Municipal Corporation.

A military cantonment and Navy Nagar, which were constructed on the reclaimed land of Holiday Camp, are located in the southern section of the region. Apart from being a strategic location in Mumbai Colaba enjoys great connectivity with other parts of Mumbai city and other parts of the state. 

There are numerous tourist places, shopping malls, premium residential complexes, and employment hubs in the Colaba. 

What’s Great About Colaba?

Colaba has a long and rich history that dates back to the 16th century Portuguese occupation and is still going strong today.

This heritage sets Colaba apart from other neighbourhoods in Mumbai and makes it a popular tourist destination.

The Gateway of India is a popular tourist destination in Colaba and is one of the most visited sites in the nation, drawing tourists from all over the world.

The Colaba Causeway, also referred to as the "Causeway," is another location in Colaba that is worthwhile visiting. This facility sells a wide variety of things, including accessories, appraisals, and other items. Some other visiting places in Colaba are the Art Deco-style Regal Theatre, the Taj Mahal Palace and Tower, and various customer-friendly cafes that offer great food. 

Among fabulous restaurants, we can count Bagdadi restaurant and Bademiya restaurant. All the pubs, clubs, and modern restaurants that are found here make this place hype for young people. 

What’s Not Great About Colaba?

With respect to its surrounding communities, Colaba is well connected via both rail and road routes. It is a popular area of Mumbai City because it has many tourist attractions.

Along with tourism attractions, it also includes opulent housing developments where some of India's most well-known celebrities reside.

Colaba does have one drawback, though, and that is the exorbitant cost of its real estate.

Since Colaba is a significant section of Mumbai and is home to many popular tourist attractions, the neighbourhood also includes a number of opulent apartment buildings.

These circumstances make it challenging for members of the low- and middle-income groups to locate their ideal homes in Colaba. Not only property rates are high in Colaba but also the cost of living goes significantly upwards due to the amenities Colaba offers. 

That is the reason why more celebrities prefer this locality for their homes. 

Physical Infrastructure

Colaba is a community known for its opulent lifestyle and convenient access to nearby locations. People may easily travel up and down on a regular basis because of the numerous employment hubs in and around Colaba.

Through highways and railroads, it is well connected to other areas of the city and to other regions of Maharashtra. The nearest railway stations to Colaba are CSMT or Chhatrapati Shivaji Maharaj Terminus and Churchgate apart from the Colaba railway station. 

Both of the stations are the busiest stations of the Mumbai local train network and also have stoppages for express trains thus providing a commute to any part of the country. 

There are also road routes that link Colaba to other parts of Mumbai. 

Thus residents of the Colaba don’t have to worry about their commute. 

Social Infrastructure

Colaba is a place full of liveliness and jolliness that resides in the pubs, clubs, cafes, and restaurants of the area. 

With that, there are some world-class schools like Navy Children School, St. Joseph High School, and G D Somani Memorial School that offer international-level education to the students. 

Some decent hospitals in Colaba are Nova Global Hospital, Apollo Clinic, Kalajot Hospital, and RK hospital. 

Some show-stopper shopping mall complexes in the area are Regimental Shops, Taj Shopping Arcade, and Metro Plaza. 

Nearby Colaba

Colaba is an upscale residential and tourist destination in Mumbai city that is surrounded by various other high–class localities. 

Some of these localities include Marine Drive, Nariman Point, Worli, Lower Parel, Andheri, and Bandra Kurla Complex. 

All these areas make Colaba a premium location with a high – budget. 

Transport Services Availability

Colaba enjoys great connectivity to other localities of Mumbai through Mumbai's local train network which is very vast. 

Colaba has a railway station and its neighboring railway stations are Churchgate and CSMT. 

With that bus, auto, and metro services are available in Colaba.

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Why Should You Invest in Colaba, Mumbai?

What’s Great About Colaba
  • The locality has good accessibility to many modes of transport like bus, train, auto, cab, etc.
  • Good educational and medical facilities are available near the locality
  • Installation of an advanced sewage treatment plant has improved cleanliness
  • A large part of the locality is occupied by establishments operated by the Indian Navy
  • The locality is popular for its local markets and tourist places
What’s Not Great About Colaba
  • Crowded hawker zones create commuting challenges
  • A heavy presence of slums in the locality
  • Waterlogging occurs during monsoons due to poor drainage system
  • Some roads have potholes
  • Traffic congestion during peak hours is a cause of concern for daily commuters

How to Visit Colaba, Mumbai?

Colaba Mumbai
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Colaba Map and Nearby Landmarks
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  • Schools
  • Hospitals
  • Hotels
  • Business Hubs
  • Shopping Centers
  • City Connections
School Near by Colaba
Hospital Near by Colaba
City Connection Near by Colaba
Hotel Near by Colaba
Shopping Center Near by Colaba
Business Hub Near by Colaba

Social Infrastructure Nearby Colaba, Mumbai

School Nearby Colaba, Mumbai
  • Kendriya Vidyalaya No-3
  • Army Public School
  • Navy Children School
  • St Anne High School
  • Scholar High School
+ (3) more
Hospital Nearby Colaba, Mumbai
  • Richfeel Trichology Center
  • Malpani Infertility Hospital
  • Apollo Clinic
  • The Shroff Clinic
  • INHS Ashwini Hospital Blood Bank
  • N K Malpani Nursing Home
  • INS Ashwini Hospital, Colaba
  • Kala Jyot ICCU & Nursing Home
  • Pophale Nursing Home
  • Dr Rajawadkar Nursing Home
+ (8) more
Hotel Nearby Colaba, Mumbai
  • The Gordon House Hotel
  • Fariyas Hotel Mumbai
  • The Taj Mahal Palace Hotel
+ (2) more
Business Hub Nearby Colaba, Mumbai
  • DBS Business Center
  • World Trade Centre

Property Rates & Price Trends in Colaba

City Summary for Colaba
  • All
  • New Sale
  • Resale
  • 3M
  • 6M
  • 1Yr
Sales Transactions
14
Gross Sales Value
₹ 34 Cr.
Current Rate/Sq.ft
₹ 65,871
Rental Rate/Sq.Ft
₹ 137.375
City Sales Trend for Colaba
  • All
  • New Sale
  • Resale
Price Movement in & around Colaba
  • All
  • New Sale
  • Resale
Location Current Price 3 Months 6 Months 1 Year
Colaba ₹ 65,871 -8.63% -10.15% -3.67%
Cuffe Parade ₹ 72,000 +1.98% +0.47% +19.10%
Fort ₹ 46,649 0.00% 0.00% 0.00%
Marine Lines ₹ 51,136 +17.19% -2.26% +0.01%
Kalbadevi ₹ 32,562 -4.70% +45.52% +46.53%
Malabar Hill ₹ 91,929 +2.39% +5.63% -6.48%
Bhuleshwar ₹ 21,442 +1.07% -13.90% -4.62%
Rental Distribution for Colaba
  • Rental
  • 3M
Configurations Area Range(in Sq.Ft.) Price Range
1 BHK 500-600 ₹ 67,500 - 81,000
1.5 BHK 570-650 ₹ 77,000 - 87,800
2 BHK 850-1100 ₹ 114,800 - 148,500
2.5 BHK 1280-1550 ₹ 172,800 - 209,300
3 BHK 1350-1500 ₹ 182,300 - 202,500
3.5 BHK 1800-4450 ₹ 243,000 - 600,800
Top Selling Projects by Transaction in Colaba
  • All
  • New Sale
  • Resale
  • 3M
  • 6M
  • 1Yr
Project Transactions Current Price Price Change
Sangita Apartments 1 ₹ 59,210 -
Veena Tower 1 ₹ 39,591 -
Sneh Sadan 1 ₹ 39,583 -
Top Developers by Transaction in Colaba
  • All
  • Resale
  • 6M
  • 1Yr
Developer Name Transactions
Dev Construction 1
Most Expensive Projects in Colaba
  • All
  • New Sale
  • Resale
  • 3M
  • 6M
  • 1Yr
Project Current Price
Sangita Apartments ₹ 59,210
Sukh Niwas ₹ 48,526
Pushpa Vihar CHS ₹ 48,181
Punita ₹ 41,891
Candy Castle CHS ₹ 40,206
Veena Tower ₹ 39,591
Sneh Sadan ₹ 39,583
Mistry Chambers ₹ 39,372
Ferena CHS ₹ 38,011
Heliopolis ₹ 36,501
4.6
5 Ratings
  • 5 Star 3
  • 4 Star 2
  • 3 Star 0
  • 2 Star 0
  • 1 Star 0
What’s good
  • Reputed Schools or Hospitals in the Vicinity
  • Plenty of Shopping & Entertainment Options Nearby
  • Near Metro or Good Public Transport
  • Well Built Roads with Sidewalk
What’s Bad
  • Scarcity of Public Transport
  • No Infrastructural Development Planned in Future
Ratings & Reviews of Colaba, Mumbai View All
Swati Bakshi
Tenant

This place is in the center of Mumbai and good for the working people, the security is high in this place, for this reason, this place is quite safe for living with family. All the basic amenities like schools, shops, banks, ATMs, and clinics are within walking distance. This place has good connectivity with other parts of the city and public transport is available here. The residents face daily traffic jams for a long time and it is a big issue in this place. Read More

Vatatmaj Anand
Owner

This place is a good locality to live in with the family. I have been living here with my family in my own house for 15 years. This is well connected with roads with the other parts of the city and all types of transport are easily available here. The local people are calm, helpful, and welcoming. This place has no metro connectivity, one should go some distance to avail of the metro. Read More

Saikiran Dixit
Tenant

I have been living here as a tenant in a house with my family. This place is nice and good for living safety. This is well connected with other parts of the city with all kinds of transport facilities. This place has all the basic amenities like schools, colleges, banks, ATMs, shops, and local groceries within walking distance. The roads are well maintained with proper street lights and with a parking area. Read More

Darsha Joshi
Former resident

This place has a nice locality to live in with all the basic facilities available here. This place is a sea-faced area with high security. This place has all kinds of transport facilities like buses, auto, and cabs. It is well connected with the other parts of the city. This place is in the center of Mumbai and there is metro connectivity nearby.

Niranjana Jha
Owner

I have been living here for 7 years in my own house with my family. This place is nice with all the basic facilities available. Colaba is well connected with other parts of the city with all modes of transport. The roads are well maintained with proper street lights and enough pavement area. Shops, markets, schools, medicine shops, and clinics are within walking distance. Read More

People also Asked About Colaba

  • What is colaba special?

    Sanay Dhillon Answered: 04 July 2023
    Colaba is special for several reasons, including the access to the imposing Gateway of India, shopping at the Colaba Causeway, exploring the iconic Regal Cinema, the Rajabhai Clock Tower, Mani Bhavan, and the lovely views. It is also special for its boutiques, restaurants, and premier nightlife destinations. Read More
  • Is colaba a rich area?

    Yamajit Naidu Answered: 04 July 2023
    Colaba is certainly one of Mumbai's posh zones, located in the very heart of the city, with sweeping sea views, high-street retail, the famous Colaba Causeway, entertainment and nightlife destinations, eateries, and famous landmarks like the Gateway of India. Property prices in Colaba have touched sky-high levels over the last few years, while it also offers great connectivity via multiple means of transportation. It is also well connected to several parts of the city. Read More
  • Is colaba a good place to live?

    Suvarna Bajwa Answered: 04 July 2023
    Colaba is one of the topmost places to reside in Mumbai, offering great connectivity to railway stations, major roads, and other public transportation facilities. It is also home to the best shopping, dining, and nightlife joints, along with several iconic attractions of the city. It is known for its high property prices and exclusive residential communities. Read More
  • Is colaba mumbai expensive?

    Suranga Mallick Answered: 05 July 2023
    Yes, Colaba is one of the most expensive localities in Mumbai, due to its central location, proximity to major locations, retail, dining, nightlife, and other attractions. Prices per sq. ft. can hover between Rs. 25,000-40,000 or even higher in Colaba, making it one of the costliest residential locations in Mumbai. Read More
  • Why is colaba famous for?

    Sanjula Gill Answered: 06 July 2023
    Colaba is famous for several things, including the Gateway of India, the Colaba Causeway, and also the ferry service that goes to Alibaug. Colaba Causeway is known for being one of the most famous shopping hubs in Mumbai, offering several high-end retail stores, boutiques, and a plethora of local stores as well. Colaba is also home to some of the city's hippest bars, restaurants, and eateries. Read More

Demand in Colaba, Mumbai

  • Sale
  • Rent
Property Type
Enquiries
Apartment
52%
BHK
Enquiries
1 BHK
32%
2 BHK
12%
3 BHK
3%
4 BHK
3%
Budget
Enquiries
50 L - 2 Cr.
7%
2 Cr. - 5 Cr.
37%
Above 5 Cr.
55%

Supply in Colaba, Mumbai

  • Sale
  • Rent
Property Type
Enquiries
Apartment
96%
BHK
Enquiries
1 BHK
30%
2 BHK
33%
3 BHK
25%
4 BHK
2%
Budget
Enquiries
50 L - 2 Cr.
4%
2 Cr. - 5 Cr.
63%
Above 5 Cr.
28%
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Top Real Estate Experts in Colaba, Mumbai
Vijay Pawar Mumbai, Maharashtra
Vijay Pawar
Mumbai, Maharashtra
  • 10 Years Experience
  • 69 Listings in Colaba
  • Speaks: English,Hindi
Ritesh Sudesh Kapoor Mumbai, Maharashtra
Ritesh Sudesh Kapoor
Mumbai, Maharashtra
  • 58 Listings in Colaba
  • Speaks: English,Hindi,Punjabi
Shashi Singh Mumbai, Maharashtra
Shashi Singh
Mumbai, Maharashtra
  • 15 Years Experience
  • 5 Listings in Colaba
  • Speaks: English,Hindi
G
Gufran Ahmad
Mumbai, Maharashtra
D
Dinesh K Koli
Mumbai, Maharashtra
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