Reasons Why Property in Andheri is Expensive
Looking for luxury apartments in Mumbai? You can find a great mix of premium residential property in Andheri East and well as Andheri West.
Mumbai is not only the financial capital of India, but also one of the costliest property markets in the country. With a growing number of people flocking to the city, cost of buying a house is also increasing. Many people prefer to find a flat in Mumbai on rent because buying a house can burn a hole in their pocket.
Andheri is one of the most popular suburban areas in Mumbai where residential property is quite expensive. This suburb is located in the west of Mumbai on Salsette Island. It is also the largest suburb of Mumbai with a good number of restaurants, shopping malls and residential complexes. The Andheri Railway Station is the busiest station in the city.
This area is a great place to buy a property if you are looking for a luxury home, great neighborhood, good connectivity and best of infrastructure. Not just residential but commercial properties are also expensive in Andheri. Many reputed firms and business processing centers have opened up in this area in recent years.
This part of Andheri is in close proximity to the Western and Eastern Express highways. If you buy a house in Andheri East, you can reach all the hotspots of Mumbai quickly because it is located in the middle of two lifeline highways of the city. Due to its strategic location, property rates are quite high in Andheri East. Even rental rates are quite high. Since many corporate houses have offices in this area, the demand is always high for residential and rental property.
Proximity to the airport is another reason why property in Andheri has become a prime choice for property buyers and investors. The eastern part is located right behind the airport which means, it will take you merely 15 minutes from your house to reach the airport. There are several malls and entertainment avenues in Andheri East such as, the R City Mall and Phoenix Market City. These two are the largest malls of Mumbai, located merely 20 minutes from Andheri East. You can also reach the Powai Lake in no time from Andheri East.
Within 5 minutes of walking, you can access the superfast metro line that connects Central and Western Lines. From good schools and colleges to hospitals and medical centers, there is everything that one needs for a comfortable living experience.
Andheri West is another sought-after location in Mumbai where buying a property is expensive. Many reputed real estate companies have their projects in this part of Andheri. If you are looking for luxury apartments in Mumbai that offer great connectivity to other parts of the city, Andheri West is the place to be. Similar to Andheri East, this area also has some of the finest restaurants, automobile showrooms, malls and so on.
The metro line has also strengthened this area’s connectivity to Ghatkopar and Andheri Station. Compared to Bandra, many property buyers and investors are now flocking to Andheri for residential and commercial properties.
Source: Free Articles from ArticlesFactory.com
ABOUT THE AUTHOR
Martin works as a real estate agent. He also writes articles on how to buy property in Andheri and where to find luxury apartments in Mumbai.