In fact, Mumbai city is considered a high-priced place for housing, which will be exorbitant mostly when you have a high-profiled neighborhood location or in well-known places particularly. But if you stay on the outskirts of the city, the rate will be lowered. When you come to Mumbai for the first time, try to stay in the portion of the apartment as a tenant or as a paying guest. Due to the high housing rate, you have to take a smart decision, then only you can avoid wasting a large sum.