Andheri is one of the top residential areas in Mumbai. The locality is divided into east and west as other areas in Mumbai. A large number of luxurious and high-end residential properties is available. If you are looking for 2 BHK or 3BHK flats in Andheri, you can get the best properties at both the eastern and western part of Andheri. While Andheri West is known for its posh localities like Lokhandwala and Versova, Andheri East is famous for many of the industries and employment hubs. These factors make Andheri a scintillating destination for property investment.
Let’s look into more details as to Why Andheri East and West are prime locations for real estate investment right now:-
Andheri west is regarded as one of the best places to live in Mumbai. The connectivity, urban infrastructure and modern facilities have made it one of the most favoured residential locations. The well-known road link includes Jogeshwari- Vikhroli Link Road, Western Express Highway, New Link road and Swami Vivekananda road. There is easy rail connectivity to lavish localities like Juhu and Bandra as well. Various entertainment entities like Balaji Telefilms, Sony Entertainment, Yash Raj films and news channels like NDTV have their studios located in Andheri West. The social infrastructures like top educational institutions and best healthcare facilities are also available. This has largely contributed to the demand for flats and apartments, expanding residential places and many new projects in Andheri.
Upcoming Residential Projects in Andheri West
Some of the big residential projects coming up in Andheri are:- The Transcon Triumph, The Premier Residences, Metropolis Residences.
Commercial Projects in Andheri West
The completed commercial projects in Andheri West include Suvidha Square from Suvidha group and, Sunteck Grandeur from Sunteck Reality.
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Andheri East is basically known for a large number of industries. Maharashtra Industrial Development Corporation –MIDC has its head office located here. The special economic zone like Santacruz Electronic Export Processing Zone –SEEPZ is also situated here. The commercial complex likes Bandra- Kurla is near to Andheri East. There is a surge in office spaces as well. Therefore, this part of Andheri has always attracted the commercial property investments. The transportation facilities include the metro rail. Both Eastern and Western Express Highways are close. The Chhatrapati Shivaji International Airport is only 11 minutes away. These connectivity elements make this place a hot spot for real estate investments. Prices of a property for sale in Andheri east are affordable when compared to Andheri West. The employment hubs like Technopolis Knowledge Park, Samrudhi Venture Park have led to the increase in the number of people residing here. Also, this has managed to attract huge investments in residential projects and significant appreciation in property prices.
Upcoming Residential Projects in Andheri East
The major real estate groups who have their projects in Andheri East are- Nahar group, Oberoi reality, Lodha group, Satellite developers, Rushi group, Sunteck Realty, Truvaes Builders etc.
Commercial Projects in Andheri West
The big commercial projects which are completed in Andheri East includes- Lokhandwala Business bay from Lokhandwala Infrastructure, Xtrium from Rodium Realty Ltd., and Mittal Commercia from Mittal Builders.
With the increasing population, employment hubs and a huge influx of investment in residential and commercial projects, Andheri is destined to see exponential growth in real estate market. These points provide a good overview as to how investment in a prime location like Andheri can bring attractive returns for you in future. If you are looking for remarkable properties in Andheri East and West, Magic Abode provides detailed listings of excellent flats, offices, showrooms, shops etc. Find the connectivity to social infrastructures like schools, hospitals etc. with our smart map option.