Realty Overview – Andheri West (2015): A CommonFloor Report
Andheri, a western suburb in Mumbai, has metamorphosed over the last several years to become one of the most sought-after regions in the city. It has transformed into being one of the posh localities in the financial capital, largely in demand by Bollywood stars and TV personalities and other high net worth individuals. The suburb is essentially divided into East and West regions. The following report tries to identify the various factors that led to realty growth in Andheri West. Since inception, the region has essentially developed as a residential area and, as a result, has witnessed rapid growth in its social and physical infrastructure.
“As part of ‘Real Insights’ into real estate, commonfloor.com has come up with a detailed report on Andheri West real estate market – one of the key micro-markets in Mumbai – with in-depth analysis based on CommonFloor data.
Further, the report identifies the present real estate market scenario in terms of housing sale and rent, the key real estate trends, the top builders and projects available, the civic issues, the opportunities available for area’s future growth, amongst others. To summarize it all, Andheri West continues to grow as a real estate hub with increasing demand by high net worth individuals. Offering properties for both sale and rentals, the area is witnessing continued growth in infrastructure and appreciating property prices over the years. Moreover, considering the various parameters, one can expect a positive real estate growth in the area in the near future.
