Localities Offering Luxury 2BHK Flats in Andheri West

Investing in property in Mumbai is always profitable, primarily when the property in question is located in a suburb like Andheri West. Located in the western part of Mumbai, Andheri West is a well-developed residential and commercial hub that offers investors a wide choice of property options, including multistorey apartment complexes and cooperative housing societies.

This oldest neighbourhood of Mumbai is much favoured by leading real estate developers such as Wadhwa Group, Raheja Group, Godrej Properties, Oberoi Group, etc. With several new projects in the area that are either under construction or ready to move in, Andheri West is the location of choice for investors seeking 2BHK flats in Mumbai.

Reasons To Invest In Property In Andheri West

Andheri West is one of Mumbai's most famous suburbs and the city's top residential hub. Investing in residential property in this area is considered a wise decision for the following reasons.

• The suburb is exceptionally well-connected to other parts of Mumbai city through road, train, and metro service. It is located quite close to the Western Expressway and offers easy access to the International Airport.
• Andheri West is known for its excellent social infrastructure, making it one of Mumbai's most liveable areas. The area offers some of the best facilities and social amenities, from schools to hospitals and shopping complexes to entertainment hubs.
• Many employment hubs are located within a reasonably short distance of Andheri West. Places like Technopolis Knowledge Park, Fourth Dimension Park, Samruddhi Venture Park, Magnus Tower, and the Spectrum Tower are all located within a 10 km radius of Andheri West.
• The returns on property investment are quite high in the area, which experienced a price appreciation of 20% during the past year. The current property rates in the area range between Rs.16,648 per sq. ft. to Rs.26,624 sq. ft.

Localities Offering Luxury 2BHK Flats

Andheri West houses several well-known localities offering high-end residential properties to interested investors. Some of these localities offering luxury 2 BHK flat in Andheri West include the following.

Versova

Versova is an up-market locality that is quite famous for the Versova fort and beach. The locality was originally a fishing village named Versave, populated by the Kolis, the original inhabitants of Mumbai. The Versova beach covers an area of approximately 28 acres and is one of the cleanest and least crowded beaches in Mumbai. Today Versova is one of the poshest localities in Andheri West, and celebrities often visit its various prominent streets and famous bars and restaurants. This locality has several ready-to-move-in and under-construction projects featuring luxury 2 BHK flats.

Seven Bungalows

Seven Bungalows or Saat Bangla is named so due to the seven palatial houses owned by the most influential royal and business elite of India. Some of the most prominent ones being the King of Kutch, Dadabhai Naoroji, King of Gwalior, Sorabjee Talati, Rustom Masani, the Khambattas, Kaiki Villa, and the Chinais. This makes it one of the most sought-after places in the city. There are also quite a few well-designed and equipped flats available that can offer you a comfortable and luxurious lifestyle.

Lokhandwala

Lokhandwala is yet another upmarket and affluent locality in Andheri West. Located at a distance of just 5 km from Andheri station, the area is named after Lokhandwala Constructions Pvt Ltd., which was once the most prominent real estate developer in Versova. The locality offers several shopping malls, large cinemas, clubs, parks, fitness centres, and excellent public transportation facilities. The area is the first choice for NRIs seeking secondary housing options and offers a wide variety of luxury 2BHK apartments for sale and rent. 

Oshiwara

This locality of Andheri West is located between Goregaon West and Jogeshwari West and is only a short distance away from Lokhandwala. The area is quite famous for its antique and second-hand furniture market and numerous eating joints serving food items from different cuisines. The locality also houses several industrial estates and is well connected to other parts of Mumbai through road, rail, and metro service. People interested in investing in 2BHK flats in Oshiwara can enjoy the benefits of apartments with large open spaces.

Four Bungalows

Four Bungalows, also known as Chaar Bangla, is named after the four palatial homes that existed in the area during British rule. The locality is one of Mumbai's most systematically developed and well-organized shopping hubs. Chaar Bangla is also famous for its five prominent landmarks: Manish Market, Fish Market, Good Shepherd Church, Kokilaben Dhirubhai Ambani Hospital, and St. Louis Convent School. Quite a few luxury 2 BHK flats are up for sale in the locality for comfortable and relatively affordable living.

Conclusion

We hope that this information will help you start your house hunt in this locality. You can also consult professionals for a better house-buying experience. Blox.xyz is an online portal that helps people find the best options for luxury 2BHK flats in various localities of Andheri West in a relatively simple and hassle-free manner.