Top 6 Budget Hotels in Mumbai

Centrally Located Hotels in Mumbai that Won't Blow Your Budget

Mumbai, with real estate prices that are on par with those of New York City, is a notoriously expensive city to stay. This can make finding good, inexpensive accommodations challenging. However, if you look carefully, there are some decent places offering reasonable service for a price that's fairly easy on the wallet.

Here are six of the best budget hotels in Mumbai that are centrally located near the city's tourist attractions. If these are too costly, take a look at these Cheap Hotels and Guest Houses in Mumbai.

  • 01 of 06
    ••• Abode Bombay

    This gorgeous, chic and somewhat quirky new boutique hotel is a hidden gem with a fantastic Colaba location. It's quickly become the most sought-after place to stay in Mumbai on a budget, which is not surprising as it's outstanding value for money. There are 21 guest rooms. The cheapest ones have a private shower and basin but a shared toilet.

    • Features: Spa and wellness center, cafe, library, shop, shared lounge, air conditioning, cable TV, free wireless Internet, travel desk.
    • Address: 18 Lansdowne House, M.B. Marg, Behind Regal Cinema, Apollo Bunder, Colaba, Mumbai. Ph: (91) 8080234066. (cell).
    • Price: From 3,500 rupees per night, plus tax.
  • 02 of 06
    ••• Residency Hotel

    This character filled, historic hotel occupies what was once Mumbai's first fire station. The hotel prides itself on its loyal staff and personal service. Its location in the Fort area is away from hectic Colaba but still within walking distance. The renovated rooms are attractively and brightly decorated in traditional style, although some are on the smaller side. For the price, this hotel is real a bargain.

    • Features: Air conditioning, 24 hour room service, cable TV, Internet, safes, some rooms with mini fridge, travel services.
    • Address: 26, Corner of D.N. Road and Rustom Sidhwa Marg, Fort, Mumbai. Ph: (91-22) 2262-5525.
    • Price: From around 4,000 rupees per night, plus tax, for a double room. Breakfast is included.
  • 03 of 06
    Ascot Hotel
    ••• Ascot Hotel

    The Ascot Hotel is another gem, with a fantastic location right near Colaba Causeway but tucked away from the hustle and bustle. The inside of the hotel is contemporary and elegant, and the rooms are very clean and beautifully decorated. This attractive hotel provides a wonderful retreat in the heart of Mumbai.

    • Features: Air conditioning, 24 hour room service, cable TV, DVD players, wireless Internet, business center, spacious work desks, complementary breakfast and newspaper.
    • Address: 38 Garden Road (opposite Cusrow Baug), Colaba, Mumbai. Ph: (91-22) 6638-5500.
    • Price: From 7,600 rupees per night, plus tax.
  • 04 of 06
    Chateau Windsor Hotel
    ••• Chateau Windsor Hotel

    This hotel is located close to Marine Drive and the ocean. It's got an old, manually operated, cage lift but don't let that put you off staying here. The hotel's newly renovated rooms have been designed to western standards, with imported bedding.  The hotel doesn't have a restaurant but guests can cook their own vegetarian meals in its kitchen. There are 50 rooms.

    • Features: Roof top terrace, 24 hour room service, tea and coffee, cable TV, wireless Internet, safes, travel services.
    • Address: 86 Veer Nariman Road, Churchgate, Mumbai. Ph: (91-22) 2204-4455.
    • Price: From 4,200 rupees per night, plus tax.
    Continue to 5 of 6 below.
  • 05 of 06
    Hotel Suba Palace
    ••• Hotel Suba Palace

    Perhaps the best thing about this recently renovated hotel is its location, just a couple of minutes walk from the Gateway of India in Colaba. The rooms are smart, modern, and clean. Guests' dining requirements are taken care of by the hotel's multi-cuisine restaurant and coffee shop, and excellent restaurants nearby. All in all, it's a refreshing place to stay with friendly and helpful staff. Book well in advance as it's often full with business travelers.

    • Features: New furniture, complementary buffet breakfast, air conditioning, 24 hour room service, satellite TV, refrigerator, Internet, safes, conference room.
    • Address: Near Gateway of India, Apollo Bunder, Mumbai. Ph: (91-22) 2202-0636.
    • Price: From 6,200 rupees per night, plus tax.
  • 06 of 06
    Hotel Godwin
    ••• Hotel Godwin

    Hotel Godwin is another good choice in Colaba, if you stay in any of the renovated rooms from the fifth floor upwards. The rooms are large, and rooms 805 and 806 offer a stunning view of the Gateway of India and Colaba. The hotel has an ambient rooftop area, with restaurant and bar, where you can relax and take in the views. Its location on Garden Road, near the Ascot Hotel, is great too.

    • Features: Air conditioning, 24-hour room service, cable TV, free wireless Internet, business center, travel desk.
    • Address: Jasmine Building, 41 Garden Road, Colaba, Mumbai. Ph: (91-22) 2287-2050.
    • Price: From 6,200 rupees per night, plus tax.