The Andheri Advantage: Exploring Profitable Real Estate Investment Opportunities

In this blog, we discuss all the advantages you get when you invest in Andheri real estate. We also look at some profitable investments done with construction and some still under construction. 
Connectivity

The railway station in Andheri is often regarded as the busiest in all of Mumbai. Currently, the Metro connects Versova in the west to Ghatkopar in the east. The expansion of the Mumbai Metro in the Versova-Andheri-Ghatkopar corridor is being discussed. Pink Line is expected to open in 2024 and will connect Lokhandwala-Jogeshwari-Kanjurmarg. This expansion will enhance the connectivity for these areas even more. 

Quality of Life

In a busy city like Mumbai, a good quality of life is imperative because one longs to come home to serenity and calm after spending time outdoors. Andheri, particularly the West, has multiple such properties where one can rejoice with visuals of the Arabian Sea, surrounded by lush greens and dipping in the ocean. 

Teeming with Work and Career Opportunities

Andheri houses many news channels, film studios and corporate headquarters of prominent organisations and companies. Also, Andheri West is home to many commercial and employment-seeking investments, which make it a great place to settle into a rewarding job for many. These investments are increasing in number. People who work in or around the same would prefer to live here to ease their commute, making the area highly apt for investments. 

High Return on Investment

The entire point of investment today is to see it become a good return in the future. Andheri is a sought-after location among investors who purchase apartments and duplexes they put up for sale a few years later! 

Here are a bunch of properties we have handpicked for you to invest in Andheri real estate. 

1. Optima, Andheri East
Configuration: 1 BHK, 2 BHK
RERA Carpet Area: 494 - 609 sq. ft. 
Price: ₹1.04 Cr - ₹1.28 Cr
Avg, Price per sq. ft.: ₹21,051 per sq. ft.

Optima is a project by the Dudhwala Group, an esteemed real estate company that started its operations in 1965. It offers excellent connectivity and proximity to essential transit stations. Optima is 3 km from the Chhatrapati Shivaji Maharaj International Airport via the Marol Maroshi Road. Optima was open for possession in 2022. Marol also has a dedicated metro station on the Versova-Andheri-Ghatkopar Metro Line. The fourteen-storied project offers luxurious amenities such as a gymnasium, clubhouse, kids play areas, sand pits, jogging track and swimming pool. 

2. Rustomjee Elements, Andheri West
Configuration: 3 BHK, 4 BHK, 5 BHK
RERA Carpet Area: 1550 – 3488 sq. ft. 
Price: ₹8.94 Cr - ₹10 Cr
Avg, Price per sq. ft.: ₹30,000 per sq. ft.

Rustomjee Developers and Builders is a Mumbai-based real estate developer that has developed and delivered umpteen projects in the city for almost two decades. Located off Juhu Circle, Rustomjee Elements features an excellent location, one that is close to Silver Beach and to the JVPD Scheme. It offers gorgeous landscaped podium gardens, a clubhouse, a tennis court, a party hall, a swimming pool, a jogging/ cycling track and health centres. This luxurious cape became ready for possession in June 2021. 

3. Adani Western Heights, Andheri West
Configuration: 2BHK, 3 BHK, 4 BHK
RERA Carpet Area: 806 - 1454 sq. ft. 
Price: ₹3.7 Cr - ₹6.67 Cr
Avg, Price per sq. ft.: ₹45,905 per sq. ft.

Adani Realty is a world-renowned name. A part of the Adani Group leading infrastructure and development conglomerate, has executed multiple projects across India. Western Heights offers sea-facing apartments with top-tier connectivity. Located right next to the D.N. Nagar Metro Station and to premier educational, healthcare, and recreational facilities, this property became ready for possession in 2019. The Kokilaben Dhirubhai Ambani Hospital and Medical Research Institute is nearby of this project. Western Heights offers premium visuals in the form of a large green area, a view of the Arabian Sea, indoor games, swimming pool for relaxing dips. Kids play area, a dedicated track for jogging and cycling.

Conclusion

Andheri is a commercial hub home to many news channels and media houses; it also sees investments from many renowned individuals and organizations. It also offers world-class educational and healthcare facilities. With many completed and under construction projects, investors can choose from variegated building typologies and size configurations to invest in Andheri real estate.