India, Sept. 23 -- Mumbai's real estate market's residential segment continues to reflect sharp contrasts between suburban affordability and the premium pricing of South and Central Mumbai. Prices rise steeply as one moves from 1 BHK to 4 BHK units, and from peripheral suburbs to central and coastal areas, especially in sea-facing or sea-view projects.

In western and eastern suburbs such as Borivali, Kandivali, Malad, Goregaon, Mulund, Bhandup, and Ghatkopar, 1 BHK apartments are priced between Rs.80 lakh and Rs.1.5 crore.

According to local brokers, the price band is much higher in midtown locations like Vile Parle, Santacruz, and Bandra, between Rs.2 crore and Rs.3.5 crore.

In Worli, one of the most coveted addresses in India, a 1 BH...