Wednesday, 4 December 2019

Properties in Mumbai – Where to invest and why!


Earlier Andheri was known as a 'suburban district’ but today it is a part of Greater Bombay. This suburban district has seen a lot of changes and is one of the key residential and commercial real estate destinations in the country. Property in Mumbai is quite sought after and Andheri is one such location. There are many reasons to live here and purchase a property here.

  1. Connectivity
Andheri is well connected to both central and western suburbs of Mumbai very well. It is one of the largest areas of Mumbai and has many prominent locations such as MIDC and Seepz where many employment opportunities are available whether it is media houses and IT companies. This place is perfectly connected to the Western Express Highway. Both middle and upper-middle-class segments live here mainly because of its proximity. Mumbai’s Chhatrapati Shivaji Airport international airport is also in Andheri. Posh localities such as Versova and Lokhandwala are also other places of significance here. Commercial office space in Andheri are also very much in demand here which makes Andheri a very good opportunity as well. Mumbai Metro also started here first and the local train system here is also quite well established. It is well connected to C.S.T in central line and harbour line too. Andheri Kurla road makes it easily connected to Central region through road.


  1. Employment Hubs
Andheri is an employment hub which is why commercial property in Andheri is very famous. The locality has seen an increase in the population here in recent years. Areas such as Bandra-Kurla Complex (BKC), SEEPZ are very famous here as the commercial employment generation areas.

3. Great property prices, return on investment and Upcoming Infrastructure
Upcoming commercial projects in Mumbai are very famous because they fetch a very good return on the investment you make. Since this is a corporate hub of the city, the property prices are usually on the upward trend. A luxury 2 bhk flat in a reputed neighbourhood starts at Rs 2.89 crores to 3.60 crores and could rise even more. Andheri West has many layouts that have well developed plots and recreational grounds which is a sign of infrastructural developments. Its proximity to posh localities of Juhu, Vile Parle and Bandra makes it even better to stay here. This makes the demand here even surge high. Whether it is about living in western region or eastern region in Andheri, it has the best infrastructure in Mumbai.

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