Residential Property Market - Andheri West
Andheri West real estate market is extremely active in Mumbai. Majority of demand for flats comes in Andheri West of 1BHK and 2 BHK Flats. Lokhandwala, 4 Bunglows, 7 Bunglows are the prime residential locations in Andheri West. Juhu Versova Link Road is another exclusive belt where the prices are very high and can be compared to that of Juhu. Most of the Individuals and Executives and High Networth Individual Families prefer to have 1BHK, 2 BHK and 3 BHK on Rent/Lease. The best buildings where most of the Individuals prefer leasing are Runwal Elegante, Oberoi Springs, Green Acres, Excellency, Supreme 19, Kia Park. 4 BHK Flats are available on Sale in Oberoi Sky Heights, Sky Gardens, Jodi Flats in Oberoi Springs, Sea Facing Flats in Andheri West in Buildings like Bay View, Mannat, Anchorage. Rustomjee Elements which is called Upper Juhu is located opp.The Club. 4 BHK flats in Andheri West can be as expensive as 14 Cr and start from a minimum range of 5 Cr. The lease rent for 3/4 BHK start from 1 Lakh onwards and goes upto 4 Lakhs. Windsor Residences in Oshiwara is one of New Buildings in Andheri West where a lot of celebrities stay.
Commercial Property Market - Andheri West
The Link Road, Andheri West serves as the nerve centre for the Film Industry in Mumbai. Buildings like Lotus Business Park, Crystal Centre, Morya House, Penninsula Plaza, Midas Chambers, Oberoi Chambers are the best buildings where there are offices on rent/lease available. Commercial Property and Retail property prices have a huge difference in Andheri West due to the fact that there is a high demand for High Street Retail and Restaurants in Andheri West. Andheri West has the most popular restaurants. The Commercial Property prices range from Rs.90/- PSF on Built Up Area to Rs.150/- PSF for Commercial Properties on rent, which are preferred by Multi National Companies or Indian Companies etc. Andheri West due to its proximity to Juhu gets a great crowd.