Why is Property in Andheri always on the rise

Mar 27
08:36

2012

Jenny Jonson

Jenny Jonson

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Andheri which is officially the most populated suburb in Mumbai also happens to be one of the classiest suburbs in Mumbai.

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Andheri West has come up more as a residential area with posh and deluxe retail outlets and franchisees springing up every month. The east side however focuses more on the industrial aspects with several small and medium scale industries located in areas like Marol,Why is Property in Andheri always on the rise  Articles Chakala etc. Mostly, the residential areas in Andheri has been constructed by prominent and well known builders and the rates have always seen a rise. But the quality of life you are bound to get by living and owning Property in Andheri is sure to make your buying a fruitful decision.

Property in Andheri has always been on the rise especially in the last 5 years with the development of several entertainment hubs as well as retail stores to help increase the standard of living. Andheri has also been regarded as a prime hub for shopping and fashion courtesy Lokhandwala. Besides that, the easy transportation and also the advent and start up project of Mumbai Metro One has further boosted the property buying and investment in Andheri and surrounding areas. Moreover, Andheri is the prime connector to many other suburbs thus making it one of the most preferred and posh places to reside in. Flats in Andheri cost more than any of the Central and north suburban areas and are on par with the Property in Mumbai. Andheri on the whole is a center of attraction for movie buffs as well as art lovers as it houses several Bollywood celebrities and drama theatres for the enjoyment of citizens on the whole.

Even though the rates have always been sky rocketing, Property in Andheri still remains a favorite amidst buyers. The main reason for this includes the innumerous landmarks like Andheri Sports Complex, Infiniti Mall, famous production houses and the other worthwhile attractions on Link Road as well as Lokhandwala. To top it all, Andheri also houses the International Airport in Mumbai in the East thus providing an easy access to frequent travelers and businessmen who reside in Andheri. With all of these conducive factors, Andheri has surely become one of the prime suburbs in Mumbai to reside in and this is the reason why flat buyers don’t bother to worry about the rates of the property in Andheri considering the luxuries it offers.  

Besides the famous landmarks, the construction of Mumbai Metro One too has surged the property rates to a great extent as the monorail service promises to reduce travel time to 20 mins when it comes to connecting to other suburbs in and around Mumbai metropolitan region thus attempting to ease out traffic and congestion caused by transportation services. Although the final completion  of the entire project is scheduled for another 5 6 years, the prospects of buying a flat in Andheri has already begun to rise with more and more investors and flat owners opting to buy a property in Andheri.

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