Andheri West- A Preferred Rental Destination in 2015 Andheri has come a long way from being just another western suburb in Mumbai to being a populous and one of the most popular suburbs in recent times. Today, it is one of the most sought after western suburb for rentals and ready-to-occupy properties due to its bustling commercial and residential developments. The suburb is divided into western and eastern zones similar to other suburbs of which Andheri West has outpaced its eastern counterpart in terms of property values. Connectivity and Transit Points Andheri railway station is one of the railway stations on the western and harbour lines of the Mumbai Suburban Railway connecting the suburb to major stations such as Chhatrapati Shivaji Terminus (CST) and Panvel. The station is located just a mere 4km away from the Andheri West. The recently operational Line 1 of the Mumbai Metro connects Andheri to Versova in the west and Ghatkopar in the east. This has made travel between these suburbs hassle-free. It has also made the travel from the locality to the airport, Western Express Highway (WEH) and the industrial region of Saki Naka hassle-free. Important roads such as JVLR, WEH, Airport Link Road and the newly built Sahar Elevated Road provide good connectivity to the area by road. The Mumbai International Airport is just about 3.5 km away from the locality. Andheri West is also close to important business districts such as SEEPZ and Bandra Kurla Complex (BKC). While SEEPZ is about 1.5 km away from the locality, BKC is about 7.5 km away from the area. Hence, the locality attracts several professionals who work in these areas. Amenities The locality was originally developed as a residential area with good planning and well-designed layout. The locality originally had massive sea-facing bungalows and landscaped green pavements. The bungalows have now given way to luxury apartments. With time, the social amenities have greatly improved giving the area a luxury quotient. Consequently, it has also attracted several famous public personalities who have chosen to make Andheri West their abode. Real estate prices and trends Andheri West is considered one of the most posh areas in suburban Mumbai due to its high property prices, the profile of residents, its infrastructure and connectivity, and its proximity to key commercial and business areas. As such, the area usually witnesses residential launches in the luxury segment. Though the number of new launches have come down in recent times, the area is considered one of the most sought after localities for rentals and secondary sales.
The most common configurations available for sale in the area are 1, 2 and 3BHK apartments. Typical built area of a 1BHK apartment is about 500-750 sq. ft. while that of a 2BHK apartment is about 650-1,250 sq. ft. The approximate built area of a 3BHK apartment is about 1,000-2,000 sq. ft. Typical property prices in the area are in the range of Rs 21,000-30,000 per sq. ft while the approximate rental prices in the area are in the range of Rs 45-50 per sq. ft. The property prices and rentals depend on the location and amenities available in the project. Hence, if you want to live in a posh western suburb close to the best amenities in Mumbai, Andheri West is a good choice. Source: CommonFloor.com For Latest Updates on Real Estate Updates, Property News and Cities Infrastructure Developments Visit: http://www.commonfloor.com/guide
Copyright Š 2007-14 CommonFloor.com. All rights reserved.