Andheri East: The best of commercial and residential development Andheri east, the only locality of Mumbai to have gained prominence in both the residential and commercial segments have now topped the list of developers venturing in both the segments. It is both an industrial area and MIDC-SEEPZ zone, making it ideal for buyers looking to walk to work. The functional Chhatrapati Shivaji International Airport is one of the most important landmark of Andheri East.The soon to launch Mumbai metro and the proximity with the western express highway secures that all the projects here will witness an increase in valuations over time. Andheri East has also established itself as one of the fastest developing suburbs of the city. Its famous infrastructure structure has been developed by the town planning scheme department. The World Bank also has a number of plans for the growth of a massive industrial belt here. It is anticipated that when the Mumbai Metro connecting Versova and Ghatkopar becomes operational, the travel time will reduce from the now one hour 45 minutes to only 20 minutes. Thearea that had traditionally been only an industrial belt, with sprays of residential expansion happening only on a few selected areassuch asPoonam Nagar, Marol, JB Nagar, Sher-e-Punjab, Chandivli,Sakinaka, etc. is now witnessing an equal demand spilled over all the localities equally. Two builders to have chosen Andheri East recently to launch their projects here are: 1. Acme Group The premium residential builder in the city of entertainment, Mumbai, Acme Group, has recently been in news for launching their latest addition in the city’s real estate market. Branded as Acme Boulevard, they are offering 2 to 3 BHK apartments of 1155 to 1568 sq. ft. area in the luxurious price range of Rs. 1.49 Crore to 2.98 Crore. Along with the large space on offer and the location tag of Andheri East, they are also providing a number of amenities to the people who invest here such as clubhouse, multipurpose hall, play area, swimming pool, landscape garden, open space, paved compound, sewage treatment plant, list and reserved car parking, among many others designed to give maximum comfort to the occupants. 2. Unique Shanti Developers Another eminent name in Mumbai’s realty market, Unique Shanti Developers, has also come up with their new launch in the prime location of Andheri East. Named as Unique Shanti Sparsh, they are offering 2 to 4 BHK apartments of 1310 to 2630 sq. ft. area in the premium price range of Rs. 2.24 Crore to 3.35 Crore. They are also providing the buyers a number of global standard designer amenities like 24 hours property staff, lift, firefighting equipment, car parking, lift, sports facility, meditation center, gym, open space, swimming pool, intercom, park, etc. among various other comfort providing ones.
Due to its low price bracket and high property options, Andheri East has created a special place in the list of places to invest in Mumbai. Backed by the planned connectivity routes, social and physical infrastructure developments, high rate of capital and rental value appreciation, and the aim of providing a house for everyone, Andheri East continues to enjoy the positive sentiments shown by the end buyers, investors, and developers alike. Buying a house here considering the price range that is much lower than the trend followed by other localities would be a great decision.
Tripti writes on the behalf of 99 acres.com. Her articles talk about new developments in the real estate industry. She is an avid fiction reader, craftsman and a keen observer. Being someone who just observes without having a point of view, she keeps herself updated in real time. You can reach her on G+ and LinkedIn.