5 Affordable Restaurants in Colaba, Mumbai
Updated 24 September 2026 · 6 restaurants in Colaba, Mumbai considered · Ranked from Google ratings
This guide lists five affordable restaurants in Colaba, Mumbai, for budget-conscious diners. We selected these spots based on a Google price range of ₹600 or less per person, followed by ratings. The list includes Goan, Chinese, and South Indian options that fit daily schedules. These businesses offer everything from quick breakfasts to late-night meals, ensuring locals and visitors find value for money.
#1
New Martin Hotel
★ 4.4 (1,524 Google reviews)Goan restaurant₹200–400 per person
Representative photo, not of this business.
New Martin Hotel serves authentic Goan fare at ₹200–400 per person. Reviewers praise homestyle dishes like Chicken Vindaloo and Pao. Regulars note that arriving early around 7:30 pm is essential to secure items before they run out. The eatery offers outdoor seating, a fireplace, and a wheelchair-accessible entrance. It operates daily from 11:30 am to 3 pm and 6:30 to 9:30 pm, excluding Sundays. Staff are described as courteous, and the menu features fresh fish, though seafood is unavailable during monsoon months.
Best for: Authentic Goan meals
- Address
- WR9H+FR2 New Martin Hotel, PJ Ramchandani Marg, Apollo Bandar, Colaba, Mumbai, Maharashtra 400005
- Hours
- Fri 11:30 am–3 pm, 6:30–9:30 pm; Mon 11:30 am–3 pm, 6:30–9:30 pm; Sat 11:30 am–3 pm, 6:30–9:30 pm; Sun Closed; Thu 11:30 am–3 pm, 6:30–9:30 pm; Tue 11:30 am–3 pm, 6:30–9:30 pm; Wed 11:30 am–3 pm, 6:30–9:30 pm
#2
Pavan Chinese Center
★ 4.3 (21 Google reviews)Chinese restaurant₹1–200 per person
Representative photo, not of this business.
Reviewers highlight the tasty lollipops and generous portions. The venue operates from 5 pm to 12 am daily, except Sundays. While some customers appreciate the low prices, others note limited seating facilities and concerns regarding hygiene. The spot is suitable for solo diners and groups seeking affordable dinner options in Colaba.
Best for: Budget Chinese bites
- Address
- Dr, Captain Prakash Pethe Marg, Settlement, Babasaheb Ambedkar Nagar, Colaba, Mumbai, Maharashtra 400005
- Hours
- Fri 5 pm–12 am; Mon 5 pm–12 am; Sat 5 pm–12 am; Sun Closed; Thu 5 pm–12 am; Tue 5 pm–12 am; Wed 5 pm–12 am
#3
Ramnath Snacks
★ 4.2 (328 Google reviews)South Indian restaurant₹1–200 per person
Representative photo, not of this business.
Ramnath Snacks is a South Indian restaurant open daily from 7 am to 8:30 pm. Reviewers describe the service as incredibly fast, with food arriving within seconds of ordering. Popular items include Masala Dosa, Idly, Vada, and tea. The location near Colaba Causeway makes it ideal for breakfast or evening snacks. Customers appreciate the fresh preparation and reasonable prices for both South Indian and Mumbai-style food in this small, casual setting.
Best for: Quick South Indian breakfast
- Address
- Colaba Police Quarters, Munira lodge, Scindia Society, Colony, Apollo Bandar,, Colaba Causeway, Scindia Society, Apollo Bandar, Colaba, Mumbai, Maharashtra 400001
- Hours
- daily 7 am–8:30 pm
#4
Nom Nom Express - Colaba
★ 4.2 (71 Google reviews)Pan-Asian restaurant₹200–400 per person
Representative photo, not of this business.
Nom Nom Express - Colaba operates daily from 10 am to 3 am, serving Pan-Asian cuisine at ₹200–400. The dimly lit space is compact, often requiring customers to stand while eating. Reviewers rave about the Mushroom Chilli Garlic Bao and Cheese Spinach & Corn Dimsums. The restaurant accepts credit cards and offers takeaway. It is a popular spot for friends looking for bold Asian flavors late into the night.
Best for: Late-night Asian snacks
- Address
- Shop No 24A, Gr Floor, Nom Nom Express - Colaba, Causeway House, Nawroji Furdunji St, near Regal Cinema, Apollo Bandar, Colaba, Mumbai, Maharashtra 400001
- Hours
- daily 10 am–3 am
#5
Madras Cafe
★ 4 (3,471 Google reviews)South Indian restaurant₹1–200 per person
Representative photo, not of this business.
Madras Cafe serves authentic South Indian food from 7 am to 11 pm daily. Reviewers call it a pure vegetarian spot with reasonable prices for its location. Dishes like Masala Dosa and Veg Thali are described as fresh, hot, and crispy. The cafe is often crowded, reflecting its popularity. It offers counter service, great coffee, and healthy options, making it a go-to for breakfast, lunch, or dinner in Colaba.
Best for: Vegetarian South Indian meals
- Address
- Aziz Mansion, Shahid Bhagat Singh Rd, Railway Colony, Apollo Bandar, Colaba, Mumbai, Maharashtra 400005
- Hours
- daily 7 am–11 pm
How we made this list
We looked at 6 restaurants in Colaba, Mumbai with a Google rating of 4.0 or higher and at least 20 reviews, then Google price range of ₹600 or less per person, then by rating. A rating from thousands of reviews counts for more than the same rating from a handful, so a new place with a few perfect scores does not jump the queue. Ratings and hours are from public Google listings on 24 September 2026 and can change. Nobody paid to be on this list.
Tips before you go
- For an early start, New Martin Hotel opens at 6:30 am.
- Carry cash for Ramnath Snacks, which Google lists as cash only.
- Hours and prices come from Google listings and change, so check the listing before a long trip.
Frequently asked questions
Which is the highest-rated restaurant on this list?
New Martin Hotel ranks first, with a Google rating of 4.4 from 1,524 reviews. Pavan Chinese Center is second at 4.3 from 21 reviews.
Which restaurants in Colaba, Mumbai are open late?
Pavan Chinese Center stays open until 12 am; Nom Nom Express - Colaba stays open until 3 am.
How much does it cost at these restaurants?
Google lists these price ranges per person: New Martin Hotel ₹200–400; Pavan Chinese Center ₹1–200; Ramnath Snacks ₹1–200; Nom Nom Express - Colaba ₹200–400; Madras Cafe ₹1–200.
Which of these have free parking?
Google lists free parking for New Martin Hotel and Madras Cafe.
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