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5 Reasons Andheri West is Gaining Popularity For Residential Investment

Blox Social
Posted on
Dec 16, 2022

Even if you are new to Mumbai, chances are you have heard of Andheri West. Not only is this one of the most glitzy and glamorous parts of the city, but it is also the most sought-after, upscale residential neighbourhood in Mumbai.

It is no surprise that for those looking to buy a residential property in Mumbai, Andheri West is the place to be.

1. All About Connectivity
If you live in Mumbai, you understand that life is all about ‘the commute’. So one of the top reasons to look for flats in Andheri West is the excellent connectivity this neighbourhood enjoys. Andheri, as a whole, is the heart of Mumbai, and as Mumbaikars like to say, the west is definitely better.

  • The road links that connect Andheri West include the JVLR (Jogeshwari-Vikhroli Link Road), the WEH (Western Express Highway), and the Andheri-Kurla Road.

  • The Western Line and the Harbour Line of the arterial suburban rail network serve the area and are also connected by Metro Line 1 (Ghatkopar to Versova).

  • The proximity of the Chhatrapati Shivaji International Airport cuts down the airport commute for those who live in Andheri West, though the airport itself is located in Andheri East.

Andheri West offers residents the advantage of its proximity to some of the top industrial areas of Mumbai, such as BKC (Bandra – Kurla Complex) and the SEEPZ Special Economic Zone.

2. Media And More
Life in Mumbai is inexorably linked with media and movies. While Goregaon East may have the privilege of being home to Film City, Andheri West is the heartland of media houses, production offices, and everything else that makes Bollywood tick. Andheri West certainly has its pick of the best restaurants and eateries and bars and pubs. With Juhu just a few minutes away, can the stars be far behind? From celebrities to professionals, from socialites to artists, everybody seems to want a piece of this neighbourhood. Finding a property in Andheri West is just the way to do it.

3. Shop Till You Drop
Most Mumbaikars would agree that Infiniti Mall in Andheri West is the biggest and the best, while the Mega Mall in Oshiwara isn’t too far behind. Do not be quick to discount the high-fashion shopping experience of Lokhandwala Market either. Versova has its own legion of glamour shoppers, and so does Andheri Market. If there is one thing Andheri West is unbeatable at, shopping has to be it.

4. Back To Basics
While you are looking for the ideal residential property in Mumbai, Andheri West, the one thing you will hear most is the social infrastructure of this neighbourhood. While it may sound trite, this is one of the most important factors why Mumbaikars love Andheri West and look forward to making this area their home. Andheri West has some of the top hospitals in the city, including Kokilaben Dhirubhai Ambani Hospital and Bellevue Multispeciality Hospital. Add to this the numerous gyms, spas, restaurants, showrooms, clubs, and galleries, and you know why this part of Mumbai epitomises urban living.

5. Positive ROI
More than anything, an investment in a flat in Andheri West will likely fetch you great ROI. Let us consider that average property prices have increased from INR 15,700 per sq ft in mid-2011 to INR 24,700 per sq ft in mid-2022. As an investment, your property in Andheri West is nothing but wise. While the number of new projects and developments is still on the uptick, the rental demand in the neighbourhood is also high, making it a possible income stream for investors.

Andheri West is the locality to look out for luxury flats in Mumbai. The vibrant culture and entertainment scene, the high quality of life, and the social infrastructure make this neighbourhood perfect for young professionals and families alike. So if you are looking for luxury flats in Mumbai, Andheri West is the locality to look out for.

Real Estate