A highly preferred suburb in Mumbai, Andheri is divided into Andheri East and Andheri West. While both the areas lie adjacent, they have vastly distinct characteristics. Find the significant differences between the two localities to help you find an ideal investment destination.
What is so special about properties in Andheri?
Parted by a railway line, Andheri East and Andheri West are the prime real estate destinations for every home buyer in Mumbai witnessing sustained housing demand there. However, both the localities differ on diverse factors, like price trends and residential developments.
Let us evaluate the differences between the two micro-markets.
While Andheri West relishes good connectivity, Andheri East scores higher due to its easy access to Chhatrapati Shivaji Maharaj International Airport. The existence of the metro rail and closeness to the Western and Eastern Express Highways, make Andheri East a sought-after area for buying properties for sale. Dahisar East-Andheri East of the Mumbai Metro significantly improves the connectivity of Andheri with other parts of Mumbai.
The locality has plenty of hospitals, educational institutions, cinemas, five-star hotels, and restaurants in terms of social infrastructure.
This point should be considered in-depth while looking for Properties for Sale in Andheri East.
Types of properties
Andheri West is considerably older than its Andheri East counterpart and primarily a residential locality. Dwelling for several film studios and celebrities, this micro-market is more upscale than the eastern part. Andheri East used to be an industrial and commercial centre. It has overhauled its image into a famous residential destination.
With the advent of different corporates in neighbouring localities, like Chandivali and Powai, in the past few years, the demand for residential property for sale in Andheri East has also surged. The most preferred category in this area are 1 BHK and 2 BHK configurations.
A 1 BHK unit with 500-700 sq ft in Andheri West would earn- Rs 25,300-30,000 monthly rent.
While a 2 BHK unit in 800 – 1,000 sq ft might get- Rs 43,000-50,000 per month.
One of the densest micro-markets in Mumbai is Andheri East, which witnesses heavy traffic. It is one of the key factors that keep rental prices lower than in the western zone.
- 1 BHK unit can be rented for Rs 22,000-26,000 per month,
- larger units rentals ranging between Rs 34,000 and Rs 54,000
Andheri West is home to many premium residential developments and projects. It is one of the most-favoured localities among Bollywood celebrities and TV artists. While it offers properties, the demand is mainly driven by elite end-users. If you are searching Properties for Sale in Andheri West Mumbai, this will appeal to you.
Unlike the western half, Andheri East mostly witnesses demand from the middle and upper-middle-class property buyers. Experts consider it a perfect investment market, presenting an attractive mix of affordable and mid-segment properties.
Both the localities, actually are believed to offer an opportunity to earn higher returns on investment. Thus, whether you are going to buy a property in Andheri East or Andheri West, this decision would depend entirely on your budget, investment portfolio, and the distance from your workplace.