The Western suburbs of the Mumbai city extend from Borivali to Bandra on the western part of the Salsette Island, including major realty hot spots like Andheri, Dahisar, Goregaon, Jogeshwari, Juhu, Kandivali, Khar, Malad, Santacruz, and Vile Parle. The western suburbs gain popularity as they offer a variety of features ranging from the beautiful coastline and green areas like the Sanjay Gandhi National Park and Aarey Colony to offices of large MNCs and BPO companies in areas like Mindspace and Bandra-Kurla Complex.
Andheri is one of the emerging real estate pockets situated in the western suburbs. The place derives its name from the Udayanagari mountain near the Mahakali Caves. A key factor that makes Andheri a popular realty market is its proximity to the domestic and international airport. Closeness to commercial hubs such as Bandra and Khar make Andheri a desirable realty hotspot. The area is also a popular address within the television fraternity due to its nearness to film studios.
While the western region of this micro market is dominated with residential complexes resulting in the presence of commercial establishments that cater to the needs of a home buyer, the eastern counterpart is dominated with office buildings.
DEMAND
Demand for homes in Andheri peaked during the month of December 2018 with an 85% increase from the previous month. Increase in offers and promotions by different builders was witnessed during this phase. The average price per carpet area in Andheri currently stands at Rs. 43,600.
Amongst most popular localities in Andheri include, Marol, Lokhandwala, Sai Wadi, Amboli and Sahayog Nagar followed by the rest.
The popular projects in Andheri include Runwal Elegante, Krishna Chaitanya, Vasant Oasis, The Residency and Lodha Eternis followed by the rest.
The most popular configuration demanded in Andheri are the 2 BHK homes, followed by the 1 and 3 BHK homes.
Some prominent landmarks in Andheri include,
TRANSPORTATION
A junction of the western and harbor railway line along with the presence of metro, Andheri is an important locality in terms of establishing connectivity within the city. S. V. Road is the main artery road, while the Link road is the new road that connects Andheri West to the recently developed and fast-growing areas stretching up to Borivali and beyond.
INFRASTRUCTURE AROUND