Mumbai is a city of dreams with sprawling entertainment centres and beautiful places to visit. Any other person who comes to this city dreams of buying a house in this Mumbai locality and Andheri is one of the prime locations to buy a property with connectivity to all the places by expressways, proximity to the International Airport and numerous luxurious development. Check out the article to get insights on Property rates in Andheri and 1, 2, and 3 BHK flat rates.
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Property Rates in Andheri
The Mumbai Metropolitan Region’s Andheri is renowned for having the best transportation options.
The proximity to the Mumbai International Airport, and the Eastern and Western Express Highways is to thank for this. This is one of the main reasons why people choose this locality to live in.
Due to Andheri’s proximity to important eastern neighbourhoods like Vikhroli and Ghatkopar as well as well-known commercial areas like BKC (Bandra-Kurla Complex) and Lower Parel, the area has greatly benefited residents.
By making travel easier and lessening the load on highways and railroads, the metro line connecting Versova and Ghatkopar adds to the micro-appeal markets among the harried public.
Due to the rapid growth of the social infrastructure, the Andheri region is excellent for purchasing real estate and also after the pandemic property rates in Andheri are also rising significantly.
Real Estate Overview of Andheri 2024
Mumbai’s most affluent neighbourhood, Andheri, is also the largest suburban in the city and has a sizable population. Anyone who has visited Mumbai may have anticipated this.
Due to the abundance of gated communities, luxurious residences, and commercial spaces, Andheri in North Mumbai has emerged as the city’s most sought-after residential area.
Additionally, the area has strong social infrastructure and connectivity, which have attractively contributed to its quick expansion.
- Andheri is the area with the most growth potential due to its affordable rates and good connectivity.
- The area has emerged as a viable option for property purchases by middle-class consumers and financiers seeking dependable rental income.
- People working in the nearby economic and industrial centres generate a good amount of demand for Andheri East, which is predicted to increase soon.
- Due to the accessibility of affordable and various sizes of properties, the area is seeing a rise in middle-class and upper-middle-class tenants and homebuyers who cannot buy luxury residences in Andheri West.
The property rates in Andheri tend to increase in upcoming years with a rise in demand for the residential sector.
Andheri Property Rates Per Square Feet
Nobody disputes the notion that Andheri is among Mumbai’s ideal neighbourhoods for living. As property rates in Andheri are rising, many developers have seen this opportunity to build luxurious projects in Andheri.
Here are Andheri property rates per square foot for its localities.
Localities | Andheri Property Rates Per Square Feet( Avg) |
Nr Andheri Kurla Road | Rs 23,685 |
Near Jogeshwari Vikhroli Link Road | Rs 31,068 |
Andheri Link Road Extension | Rs 47,826 |
SV Patel Nagar | Rs 13,956 |
Bhardawadi Rd | Rs 32,804 |
New Link Road | Rs 34,574 |
Marol | Rs 26,559 |
Cardinal Gracious Road | Rs 32,704 |
Near Ashok Nagar | Rs 22,255 |
Hanuman Nagar | Rs 28,159 |
Movie Tower Road | Rs 36,160 |
Near D N Nagar | Rs 36,200 |
Near Aghadi Nagar | Rs 24,944 |
Lokhandwala | Rs 48,938 |
Makwana Road | Rs 24,277 |
Azad Nagar | Rs 22,111 |
JP Road | Rs 37,939 |
Yagna Nagar | Rs 33,287 |
New Link Road | Rs 34,509 |
Off Mahakali Caves Road | Rs 36,210 |
Bhavani Nagar | Rs 35,147 |
Suren Road | Rs 36,923 |
WEH Metro Station | Rs 34,413 |
1 BHK Flat Rates In Andheri
Given the aforementioned factor, a significant number of builders are shifting their attention to Andheri and looking at the property rates in Andheri it is like a gold mine for investors.
Long-term investors drawn by expanding residential demand are especially interested in pockets along the Eastern and Western Express Highway.
Here is a list of 1 bhk flat rates in Andheri.
Localities | 1 BHK Flat Rates In Andheri (Rs) |
Nr Andheri Kurla Road | 71L – 1.18Cr |
Near Jogeshwari Vikhroli Link Road | 93L – 1.55Cr |
Andheri Link Road Extension | 1.43Cr – 2.39Cr |
SV Patel Nagar | 41L – 69L |
Bhardawadi Rd | 98L – 1.64Cr |
New Link Road | 1.03Cr – 1.72Cr |
Marol | 79L – 1.32Cr |
Cardinal Gracious Road | 98L – 1.63Cr |
Near Ashok Nagar | 66L – 1.11Cr |
Hanuman Nagar | 84L – 1.40Cr |
Movie Tower Road | 1.08Cr – 1.80Cr |
Near D N Nagar | 1.08Cr- 1.81Cr |
Near Aghadi Nagar | 74L- 1.24Cr |
Lokhandwala | 1.46Cr – 2.44Cr |
Makwana Road | 72L – 1.21Cr |
Azad Nagar | 66L – 1.10Cr |
JP Road | 1.13L – 1.89Cr |
Yagna Nagar | 99L – 1.66Cr |
New Link Road | 1.03Cr – 1.72Cr |
Off Mahakali Caves Road | 1.08Cr – 1.81Cr |
Bhavani Nagar | 1.05Cr – 1.75Cr |
Suren Road | 1.10Cr- 1.84Cr |
WEH Metro Station | 1.03Cr – 1.72Cr |
2 BHK Flat Rates In Andheri
According to recent reports, the expectation of a sizable increase in value is also not misplaced because property rates in Andheri have been steadily rising over the past ten years, increasing by about 200%.
Here is a list of localities with 2 BHK flat rates in Andheri.
Localities | 2 BHK Flat Rates In Andheri |
Nr Andheri Kurla Road | 1.3Cr – 2.13Cr |
Near Jogeshwari Vikhroli Link Road | 1.7Cr- 2.7Cr |
Andheri Link Road Extension | 2.6Cr – 4.3Cr |
SV Patel Nagar | 76L – 1.25Cr |
Bhardawadi Rd | 1.8Cr – 2.9Cr |
New Link Road | 1.9Cr – 3.11Cr |
Marol | 1.46Cr – 2.39Cr |
Cardinal Gracious Road | 1.7 Cr- 2.9Cr |
Near Ashok Nagar | 1.2Cr – 2Cr |
Hanuman Nagar | 1.54Cr – 2.5Cr |
Movie Tower Road | 1.9Cr – 3.2Cr |
Near D N Nagar | 1.9Cr – 3.2Cr |
Near Aghadi Nagar | 1.3Cr – 2.24Cr |
Lokhandwala | 2.6Cr – 4.4Cr |
Makwana Road | 1.3Cr- 2.18Cr |
Azad Nagar | 1.2Cr – 1.9Cr |
JP Road | 2Cr – 3.4Cr |
Yagna Nagar | 1.8Cr – 2.9Cr |
New Link Road | 1.8Cr – 3.10Cr |
Off Mahakali Caves Road | 1.9Cr – 3.2Cr |
Bhavani Nagar | 1.9Cr – 3.16Cr |
Suren Road | 2Cr – 3.3Cr |
WEH Metro Station | 1.8Cr – 3Cr |
3 BHK Flat Rates In Andheri
The infrastructural growth in Andheri’s property market gives a push to residential development and rising property rates in Andheri.
Now is a great moment to invest in the micro market of Mumbai and earn lucrative returns when purchasing real estate in Andheri.
Here is a list of Localities with 3 BHK flat rates in Andheri.
Localities | 3 BHK Flat Rates in Andheri |
Nr Andheri Kurla Road | 2.2Cr – 3.5Cr |
Near Jogeshwari Vikhroli Link Road | 2.9Cr – 4.6Cr |
Andheri Link Road Extension | 4.5Cr – 7.17Cr |
SV Patel Nagar | 1.3Cr – 2Cr |
Bhardawadi Rd | 3.11Cr – 4.9Cr |
New Link Road | 3.28Cr – 5.18Cr |
Marol | 2.5Cr – 3.9Cr |
Cardinal Gracious Road | 3.1Cr – 4.9Cr |
Near Ashok Nagar | 2.1Cr – 3.3Cr |
Hanuman Nagar | 2.6Cr- 4.2Cr |
Movie Tower Road | 3.4Cr – 5.4Cr |
Near D N Nagar | 3.4Cr – 5.4Cr |
Near Aghadi Nagar | 2.3Cr – 3.7Cr |
Lokhandwala | 4.6Cr – 7.3Cr |
Makwana Road | 2.3Cr – 3.6Cr |
Azad Nagar | 2.1Cr – 3.3Cr |
JP Road | 3.6Cr – 5.6Cr |
Yagna Nagar | 3.1Cr – 4.9Cr |
New Link Road | 3.2Cr – 5.1Cr |
Off Mahakali Caves Road | 3.4Cr – 5.4Cr |
Bhavani Nagar | 3.3Cr- 5.2Cr |
Suren Road | 3.5Cr – 5.5Cr |
WEH Metro Station | 3.26Cr – 5.1Cr |
FAQs
Are property prices rising in Mumbai?
Prices of residential real estate in the top seven cities including the Mumbai Metropolitan Area are rising by 4-7% than last year. |
How much does a flat cost in Andheri?
The average 2 BHK flat goes around 1.6 Cr – 2 Cr in Andheri. |
Which is the best area to buy a house in Mumbai?
Andheri, Virar, Goregoan, and Panvel are the best areas to buy houses in Mumbai. |
How much does a 1 BHK flat cost in Andheri?
The average 1 BHK flat goes around 90 L-1.5 Cr in the Andheri locality. |