Where Billionaires Live In Mumbai: From Mukesh Ambani’s Rs 15,000 Crore, 27-Storey Antilia At Tardeo With Rolls-Royces And Mercedes To Shah Rukh Kh...

Mumbai isn’t just a city; it’s a living, breathing theatre of ambition. By dawn, its stockbrokers are already hustling, its film stars rehearsing, and its billionaires taking their first sip of coffee with the Arabian Sea glittering outside their windows. India’s financial nerve centre and Bollywood’s beating heart, Mumbai is a paradox of chaos and grandeur. But hidden within its high-octane energy are enclaves so exclusive they almost feel like a different city – places where deals worth crores are struck over brunch and neighbours swap stories about private jets, not property tax. According to the Knight Frank Wealth Report 2024, Mumbai sits comfortably at 8th place in the world’s most luxurious residential markets. It isn’t just a statistic;

it’s a testament to how the city has transformed into a playground for ultra-high-net-worth individuals. Let’s wander, one address at a time, through Mumbai’s most opulent postcodes – where money isn’t just spent, it’s showcased.

Malabar Hill: The Pinnacle of Prestige

If Mumbai had a crown, Malabar Hill would be its brightest jewel. Perched high with sweeping views of the Arabian Sea and the iconic Queen’s Necklace, it has long been a magnet for India’s movers and shakers.

Who Lives Here?

Rekha Jhunjhunwala – now the custodian of her late husband Rakesh Jhunjhunwala’s investment empire – is among its most famous residents. Forbes pegs her net worth at $8.8 billion. Her garage reads like a luxury car showroom: a Mercedes-Maybach S600 (Rs 2.6 crore), an Audi Q7 (Rs 82 lakh) and a BMW X5 (Rs 80 lakh), among others.

Industrialist Nadir Godrej also calls Malabar Hill home. Younger brother to Adi Godrej, Nadir holds a one-fifth share of the family’s vast assets and chairs Godrej Industries. He’s as much at ease in a lab as he is in a boardroom – a chemical engineer by training, with degrees from MIT, Stanford and Harvard. Over the years, France has decorated him with both the Ordre National du Mérite and the Légion d'Honneur. Fun Fact: Malabar Hill isn’t just for the living. The Hanging Gardens and the historic Banganga Tank make it one of the few billionaire neighbourhoods that also attracts tourists and morning walkers. Average property prices: Rs 42,000 – Rs 69,000 per sq ft.

Cuffe Parade: Where Old Money Holds Court

At the southern tip of the city lies Cuffe Parade – a stretch of gleaming high-rises interspersed with old-world bungalows. Think of it as a discreet club where Mumbai’s elite have always gathered.

Who Lives Here?

Ratan Tata, India’s most respected industrialist, used to live here. The area’s air of understated affluence sets it apart from flashier neighbourhoods. Average property prices: Rs 45,000 – Rs 69,000 per sq ft.

Tardeo: Home to Antilia – A 27-Storey Private Palace

If Malabar Hill is Mumbai’s crown, Tardeo is its sceptre. This central location is where the world’s richest Indian, Mukesh Ambani, built Antilia – a vertical palace spanning 27 storeys and valued at an eye-watering Rs 15,000 crore. Mukesh Ambani, chairman of Reliance Industries, isn’t just Asia’s richest man (net worth US$108 billion as of May 2025); he’s a car enthusiast whose fleet ranges from bulletproof Mercedes-Benzes to Rolls-Royce Phantoms and Ferraris, all customized for security and comfort. His convoy often resembles a small luxury motor show.

Average property prices: around Rs 46,762 per sq ft.

Juhu: The Bollywood Enclave

Juhu is where the sea meets celebrity. The area’s palm-fringed lanes hide sprawling villas and bungalows where some of India’s biggest stars retreat from paparazzi lenses.

Who Lives Here?

Amitabh Bachchan, Akshay Kumar and Hrithik Roshan are among the area’s marquee names. Amitabh Bachchan started his automotive journey with a humble second-hand Fiat but now owns a Rolls-Royce Phantom VIII, Bentley Continental GT and a BMW i7. Akshay Kumar balances luxury and utility with a Rolls-Royce Phantom VII, Bentley Flying Spur and a Toyota Vellfire. Hrithik Roshan’s garage blends old and new – from a vintage 1966 Ford Mustang to a Ferrari 360 Modena. Average property prices: around Rs 45,014 per sq ft.

Bandra (West): Glamour’s Postal Code

Bandra West is less a neighbourhood and more a brand. A heady mix of colonial bungalows, glossy high-rises and designer cafes makes it the epicentre of Mumbai’s entertainment industry.

Who Lives Here?

Shah Rukh Khan’s Mannat stands like a modern-day landmark by the sea. Salman Khan resides in Galaxy Apartments nearby. Alia Bhatt, among Bollywood’s younger stars, also owns property here. Shah Rukh Khan’s garage could rival a European showroom: Bugatti Veyron, Rolls-Royce Cullinan, Bentley Continental GT, BMW i8 – each reflecting his larger-than-life persona. Salman Khan’s cars, meanwhile, are often bulletproof, featuring SUVs like the Mercedes-Maybach GLS600 and Nissan Patrol.

Average property prices: about Rs 46,662 per sq ft.

Worli: Skyscraper Dreams

Worli has transformed into a vertical paradise. Developments such as Three Sixty West and The World Towers offer jaw-dropping sea views and hotel-style amenities.

Who Lives Here?

Radhakishan Damani, the low-profile retail king behind D-Mart. He prefers the understated luxury of a BMW X7, the flagship SUV from the German marque, which he’s often chauffeured around in. Average property prices: about Rs 45,594 per sq ft.

Colaba: Heritage Meets High-End

Colaba offers a different flavour. Here, colonial-era architecture sits alongside swish galleries and fine-dining restaurants. Elite clubs and the iconic Taj Mahal Palace lend it a timeless air.

Who Lives Here?

Business tycoons, diplomats and art collectors who value a blend of history and exclusivity. Average property prices: about Rs 41,166 per sq ft.

The Price of Legacy

Owning property in these enclaves isn’t just a financial decision – it’s a rite of passage into Mumbai’s highest social echelons. Whether it’s Rekha Jhunjhunwala’s serene sea-facing mansion, Mukesh Ambani’s vertical palace, or Shah Rukh Khan’s coastal fortress, each address tells a story of ambition realised. Mumbai’s ultra-premium neighbourhoods aren’t merely places to live; they’re symbols of power, heritage and the city’s unrelenting energy. In a city that rarely pauses, these homes offer not just shelter but statement – proof that, sometimes, dreams built on this island don’t just come true; they tower over the skyline.