Living in Mumbai on a Student Rental Budget

Living in Mumbai on a student rental budget is hard, we admit. But given the city of dreams has got opportunities in every nook and corner, it gives you plenty back for what it takes. Also, whatever you lose on sky-high rents, you can save the same with the free entertainment that keeps happening around all the time. And with that being said, we’re actually here to help you lower your cost of living in Mumbai. So even by the end of the month, your wallet is as packed with banknotes as your cramped apartment on a weekend party.

And we can say things like this with confidence because it happens to be our bread and butter at our Stanza Living residences. That is, to help young folks like you settle down in a new city. And it’s also why our student housing spaces in the city take care of all your boring chores like cooking meals, washing clothes, and cleaning your rooms. Plus, your rental experience is made completely hassle-free with everything you need available through our Stanza Living – Resident App. Now, grab a pen and paper, and note down these life hacks. So you keep that wallet as bulgy as your class teacher’s handbag at the end of teacher’s day.

How to Live Comfortably in Mumbai on a Student Rental Budget?

5 Life hacks for you to live comfortably in Mumbai on a student budget in 2022 are.

• Move into a Co-living Space
• Eat Cheap
• Buy or Borrow Used Items
• Shop from Cheaper Markets
• Look for Free Entertainment and Facilities

Searching for a place with yum meals and a chill common area? Just check out our residences in Mumbai.

Move into a Co-living Space

If you’re looking to rent a house in Mumbai for the first time, then you must have already been warned about the high prices. But here’s what you can do, opt for a shared room in a co-living space. This will lower your expenses a bit, and more than that, it’ll cut down a lot of your hassles like spending separately on laundry and daily meals. Also, living in such a space will mean becoming a part of a community. From there, you never know what leads to what.

Eat Cheap

We’re not sure if you develop a taste for local Mumbai food, but if you do, you’ll end up saving a lot through local eateries and streetside stalls. That’s not compulsory tho. You can still save on food bills simply by choosing the right markets to shop for groceries. And of course, if you want to skip cooking altogether, just subscribe to a local tiffin service. Also, going back to groceries, try visiting vegetable vendors late at night. It’s that time of the day when they’re in the mood to finish away their stock for lesser profits #financialwisdom.

Buy or Borrow Used Items

After you’ve paid your rent, your security deposit, and your brokerage charges (try to avoid this pls), you’ll be a little light on the pocket. So spending on new furniture is a burden you can skip altogether. Just by renting it out or borrowing from friends or friends’ friends. Also, seriously, never spend on purchasing new books. Your local library and Xerox shop will cover for that. With that being said, let’s all take some time out to appreciate all the Xerox shop owners we’ve met in our lives. Especially the ones who hand out micro-xeroxes – no questions asked. Ahem. Ahem.

Shop from Cheaper Markets

We know you like to look trendy and presentable all the time. But you really don’t have to spend a fortune on that. All you need to do is some Google Maps browsing and visit the cheapest markets near you. For example, the Colaba Causeway in South Bombay and Linking Road in Bandra offer branded items at throwaway prices. And if you don’t want to do all that traveling, you can go for legit thrift stores and small businesses on Instagram too.

Look for Free Entertainment and Facilities

The good thing about Mumbai is that there’s always something or the other happening in the city. And a lot of it won’t even cost you a penny. You just need to be on the lookout or be in the vicinity of the right circles. Trust us, you may just find an experimental play by an upcoming director way more entertaining than a mediocre movie in a super pricey cinema hall. Also, for folks who’d want to burn some extra calories, you can simply find the nearest park (with free fitness equipment) instead of spending on a fitness studio. But fair warning, try to stray clear of those uncles who wake up and like to solve world problems by lecturing anybody they find to be young in parks.

FAQs on Living in Mumbai on a Student Rental Budget