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A highly desirable area in Mumbai, Andheri is separated into two parts- Andheri East and Andheri West. While both the parts lie neighbouring each other, they have massively distinct characteristics. Many websites share information regarding the differences between the two localities to support you find an ideal investment destination.
Divided by a railway line, Andheri East and Andheri West are the leading real estate destinations, detecting continuous housing demand in Mumbai. However, both the areas differ on account of multiple factors, such as price trends and residential developments.
Why you should choose Property in Andheri West Mumbai
Andheri West is home to many branded showrooms and stylish restaurants. It has an outstanding social infrastructure with learning, healthcare, business, and commercial formations, classifying it as an upmarket neighbourhood. A seamless network of roads and railways ensure that the micro-market stays associated with noticeable localities in Mumbai.
Types of properties
Andheri West is much older than its eastern equivalent and mainly a residential locality. Home to numerous film studios and celebrities, this micro-market is additional fashionable than the eastern part. This part offers “Lavish properties in main residential growths near the beach and including modern facilities, such as swimming pools, sports centres, departmental stores, and multiplexes are equally popular in Andheri East. Bigger formations, such as 2 BHK units and above remain the most preferred.”
Property prices in Andheri West are obtainable in prominent prices. The luxury expansions in the area may range in the very affordable price range. Specifically, property values in Andheri West are significantly higher as compared to Andheri East.
Being one of the deepest micro-markets in Mumbai, Andheri west witness’s heavy traffic, which is one of the key features that keep rental prices lower than the same in the eastern zone. Even the 1 BHK unit can be rented for and good value monthly basis, bigger units demand monthly rentals reaching with high value.
Andheri West is home to many top residential establishments and is one of the most-favoured localities between Bollywood celebrities and TV artists. While it offers a mix of properties, the demand is mostly driven by elite end-users.
This locality is also witnessing demand from middle and upper-middle-class home buyers. Specialists consider it a perfect investment market, offering a striking mix of affordable and mid-segment properties. Relishing the occurrence of Maharashtra Industrial Development Corporation (MIDC) and Santa Cruz Electronics Export Processing Zone (SEEPZ), along with closeness to Bandra-Kurla Complex (BKC) and Lower Parle, the area is a decent residential choice for those employed in the neighbouring areas. This locality offers a prospect to earn higher returns on investment.
Tips on invest in Andheri West Real Estate Mumbai