What Makes Andheri East A Favourite Among Homebuyers?
If cutting down travel time is the key motive for a property seeker in Mumbai, which is notorious for its traffic jams, he should seriously consider Andheri East. This locality offers an equal mix of commercial and residential properties. Also, it has emerged as an affordable housing market in an otherwise-expensive property market.
Connectivity to Andheri East
Andheri East has a well-developed civic and social infrastructure, earning itself a livability score of 9. Connectivity is another driver of the residential demand in this locality. With four Metro routes around this locality, Andheri East is emerging as the epicenter of connectivity.
While the area already has a connectivity through Mumbai Metro’s Line-1 (Versova–Andheri–Ghatkopar corridor), Andheri East is also part of Line-2B (Dahisar West to DN Nagar), Line-3 (Colaba–Bandra-SEEPZ corridor) and Line-7 (Dahisar-East-Andheri-East corridor).
When all the lines become operational, the area would have a Metro connectivity with north, south, east Mumbai and key suburbs of the city. The locality will also be one of the connectors of the soon-to-be-constructed Versova-Bandra Sea Link.
Property options available in Andheri East
Andheri East has many options for those looking for property for personal use, for investment or for rental income. There are over 1,000 units available for sale in this locality that offers property at an average per square foot price of Rs 20,742.
Majority of these units are in the 2BHK and 3BHK configurations. While a 2BHK could be available for Rs 40 lakhs, a 3BHK is available for Rs 1.8 crores. There are over 200 ready-to-move-in and 95 under-construction projects available in Andheri East.
In case you are planning to rent an apartment here, there are 960 options available for you. Most of these rental apartments are available in the 1BHK and 2BHK configuration, and can be rented for an average of Rs 46,700 per month.