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Properties in Andheri West Mumbai: a Farsighted Investment

• Posted by Anurag Gupta March 14, 2022 Filed in Business #Properties in Andheri West  #Apartments for Sale in Andheri West  #Property prices in Andheri West  #Real Estate Andheri  66 views
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  Andheri West is known for its infrastructure, which includes local schools, healthcare facilities, five-star hotels, the television and film industry, and commercial spaces, making it one of the greatest neighbourhoods to invest in. It is a more upmarket micro-market that is home to some of Mumbai's most opulent residential flats, particularly on the Lokhandwala and Versova sides. 

  Apartments for Sale in Andheri West, such as 4 BHK configurations account for 13% of total supply in the West, compared to 3% in the East for all of these types of units. Around 25% of the demand in Andheri East is for 1 and 2BHK apartments. 

  Properties in Andheri West Mumbai, provide a variety of investment prospects with significant returns.

  Ø Connectivity

  The metro rail's presence, as well as its proximity to the Western and Eastern Express Highways, make it simple to access any region of Mumbai.  Andheri West has excellent connections to the rest of Mumbai. The Jogeshwari-Vikhroli Link Road (JVLR), Western Express Highway (WEH), Swami Vivekanand Road, and Jai Prakash Road are just a few of the significant routes. 

  Due to its proximity to the metro, railway stations, flyovers, and highways, these residential flats in Andheri give a privileged lifestyle with impeccable connectivity. This region is served by the Mumbai suburban railway's western line and a metro station opposite Azad Nagar.

  Ø Select Luxuries:

  Properties in Andheri West offers breathtakingly spacious 2BHK, 3BHK, and 4BHK apartments in Andheri's most prestigious neighbourhood. You can enjoy select luxuries that you've only dreamed about at Andheri. In addition, the region has excellent social infrastructure. The suburb is an elite residential region with a variety of prestigious educational establishments, retail and leisure destinations, healthcare facilities, great restaurants, and more.

  Ø Employment Centers and Social Ameities

  The neighbourhood has seen a population increase in recent years due to its proximity to various employment areas. The neighbourhood has seen a population increase in recent years due to its proximity to various employment areas. These include the following:

  • Bandra-Kurla Complex (BKC)
  • SEEPZ
  • Balaji Telefilms, Yashraj, Sony Entertainment, Sahara TV, and NDTV are among the film and television studios present here. 

  Properties  in Andheri West Mumbai gives all of the social amenities that residents need to lead a happy and tranquil life. From well-known schools such as St. Xavier's High School and Sardar Patel College of Engineering to 5-star hospitals such as Seven Hills and Kokilaben Ambani Hospital, opulent retail malls such as Oberoi and Infinity Mall, and world-class hotels such as The Leela, ITC Maratha, Hyatt & Courtyard.

  Ø Best property pricing and return on investment

  Because it is the city's corporate centre, property values are always rising. Property prices in this neighbourhood range from Rs 2.89 crores to Rs 3.60 crores, with prices projected to grow soon. Andheri West is one of Mumbai's most prestigious neighbourhoods nowadays. The neighbourhood has always had a high demand for residential properties, especially in upscale neighbourhoods like Lokhandwala and Versova.

  Ø Infrastructure Projects to Come

  Andheri West features the most layouts (almost 400) in the current development plan, with vast plots and recreational areas, paving the way for greater infrastructure development. To relieve traffic congestion, the Brihanmumbai Municipal Corporation (BMC) proposes to build a corridor around the Andheri railway station. 

  The Maharashtra government intends to build three flyovers between Yari Road and Lokhandwala Junction, DP Road and Lokhandwala Lake, and the Fisheries Institute and Link Road. 

  Conclusion:

  Andheri is the last stop before the posh neighbourhoods of Juhu, Vile Parle, and Bandra. As a result, there is a lot of demand for property in the Andheri neighbourhood from those who live in the western suburbs and want to be closer to the city at a lower price. 

  Andheri has always benefited from all of these elements. During the previous real estate boom, which lasted from 2007 to 2008, it was one of the most booming locations, and it is anticipated to remain in the same spirit when the next surge arrives. Property prices in Andheri West will continue to rise in the years ahead attributed to the prevalence of robust infrastructure, commercial complexes, excellent connectivity, and social infrastructure, providing you with high yields on your investment.