One Night In Bombay....

Hey guys,,,,,,,Have to stay 1 night in Bombay before my flight home and just wondering what everyone thinks is best - do the 2 hr taxi trek and stay @ a hotel in town or stay in a hotel near the airport??? Dont really want to pay much over 50-70 EURO for the room so any suggestions of somewhere nice and clean would be welcome! (airport and/or city options)

Appreciate any suggestions - thanx a mill