Ok - So you have an "average" budget for your hotel, you don't need the "Taj" experience, nor do you want some motel look-alike shack in down town.. so what are your options?? the Fern!
the stuff are simply amazing - they add such a personal touch with everything, make you feel right at home. Over breakfast they got to know what I like, what I ate, and after a day or so, it was being bought to me without me even asking!
the overall food was excellent, no matter what you ordered.
the rooms' are new, stylish, and clean, and well maintained.
the only draw-back, it's a little away from downtown Mumbai.
I highly recommend the place - and you also get access to the Acres club which has the pool/Gym/Squash/table tennis/karam/chess etc etc
go and check this place out !