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

Trendy Boutique Hotel: Abode Bombay

Abode Bombay
Address
First Floor, Lansdowne House, M.B. Marg (near Regal Cinema), Apollo Bunder, Colaba, Apollo Bandar, Colaba, Mumbai, Maharashtra 400001, India
Phone
+91 80802 34066

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

Heritage Property: Residency Hotel

Residency Hotel
Address
26, Dr Dadabhai Naoroji Rd, Borabazar Precinct, Ballard Estate, Fort, Mumbai, Maharashtra 400001, India
Phone
+91 22 2262 5525

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

Elegant and Clean: Ascot Hotel

Ascot Hotel
Ascot Hotel
Address
Mumbai,MH,400 039, 38, Garden Rd, Cusrow Baug Colony, Apollo Bandar, Colaba, Mumbai, Maharashtra 400039, India
Phone
+91 22 6638 5566

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

Value for Money: Chateau Windsor Hotel

Chateau Windsor Hotel
Chateau Windsor Hotel
Address
86, Veer Nariman Road, Churchgate, Mumbai, Maharashtra 400020, India
Phone
+91 22 6622 4455

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

Convenient Business Hotel: Hotel Suba Palace

Hotel Suba Palace
Hotel Suba Palace
Address
Near Gateway of India, Battery Street, Apollo Bandar, Colaba, Mumbai, Maharashtra 400039, India
Phone
+91 22 2288 5444

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

Rooftop Views: Hotel Godwin

Hotel Godwin
Hotel Godwin
Address
Cuseway, 41, Garden Rd, Apollo Bandar, Colaba, Mumbai, Maharashtra 400001, India
Phone
+91 22 2287 2050

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.
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Top 6 Budget Hotels in Mumbai with Central Locations