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Flats Under 1 Crore for sale in Versova Andheri, Andheri, Mumbai
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About Properties In Versova, Andheri, Mumbai for Sale
Overview of Andheri
- Andheri is a prominent and well-developed location in .
- It is home to some major Industrial and Commercial Hubs.
- It’s primarily an upper-class locality with a family-friendly neighborhood.
- Andheri offers some of the elite apartments by Grade A developers.
- It is known for stunning seaside landscapes and easy commercial accessibility.
- Andheri is so famous because the Metro travels through it, making it the most convenient location. Andheri is also known for ’s famous food outlets, airport connectivity, and commercials.
- It is a residential destination for numerous big personalities, celebrities, etc.
- Excellent infrastructure, connectivity, & a tranquil atmosphere make it a popular real estate destination.
- The Pin Code for Andheri is 400053.
Andheri Residential Market Insights
- The average property price in Andheri is ₹ 33,000 per sq. ft.
- Andheri is a costly area as it is home to a well-established infrastructure, exceptional connectivity, many celebrities and TV personalities. However, Andheri East is comparatively affordable and consists of Middle-income to upper-class people.
- Andheri East is known for offering 1 BHK and 2 BHK, which are mostly preferred by mid- and upper-mid-segment homebuyers.
- 2 BHK and above are mostly preferred by homebuyers in Andheri West.
- Andheri West, being a prime property hub, has more expensive property values compared to Andheri East.
- The average price of 1 BHK Flats in Andheri East is ₹ 85 Lacs - ₹ 1.55 crores.
- The average price of 1 BHK in Andheri West can be between ₹ 1 crore to ₹ 2.2 crore.
- The price range for 2 BHK Flats in Andheri East is ₹ 1.8 crores - ₹ 3 crores.
- The average price of 2 BHK in Andheri West can be ₹ 2.50 crore to ₹ 4.30 crore.
- The average price of 3 BHK Flats in Andheri East can be 3.10 crore - 5.60 crore.
- The average cost of 3 BHK in Andheri West can range between ₹ 3.25 crore to ₹ 6.70 crore.
- 4 BHK Flats in the locality of Andheri can cost anywhere from ₹ 3 crores and can go up to ₹ 14.5 crores.
- 5 BHK Flats in Andheri are only available in Premium rates that can start from ₹ 8.90 crores and can go up to ₹ 15 crores and above.
- The final amount for a property in Andheri will entirely depend on the type of property, total carpet area, exact location, developer, and amenities offered.
- Andheri is one of the prime locations with proximity to major commercial landmarks and hence has high rental pricing.
- The average rental value in Andheri is around ₹ 38,000 - ₹ 3,68,000.
- Godrej Properties, Oberoi Realty, and Adani Realty are some reputed developers here.
Connectivity and Transportation In Andheri
- Andheri Railway Station is 2.1 km away & Andheri Metro Station is 2 km away.
- This strategically located area allows easy accessibility to the Western Express Highway and the Navi Area.
- Western Express Highway provides smooth connectivity from Andheri to Malad, Borivali, and Kandivali.
- SV Road & JVLR (Jogeshwari Vikhroli Link Road) further enhances the road connectivity.
- Chhatrapati Shivaji Maharaj International Airport is 8 km drive.
- The good quality road infrastructure and arterial roads connecting to major expressways make commuting easier.
- Other nearby transportation options include the Chakala Metro Station, Versova Metro Station, Oshiwara Metro Station, and VIVO DN Nagar Metro Station.
- Public transportation, such as Buses, Autos, and Online Cabs, are also available here.
Social Infrastructure In Andheri
- Andheri is a good place to live because it has everything a person looks for in a place to live, like good job opportunities, important social facilities, well-developed areas, good connectivity, and modern infrastructure.
- The reputed Kokilaben Dhirubhai Ambani Hospital, Axis Multispecialty Hospital, and Healthspring Hospital are in Andheri.
- Popular educational institutes, including Ryan Global School, Narayana e-Techno School, Sardar Patel College, etc, are close by.
- Citi Mall, Infiniti Mall, and Fun Republic Mall are some of the bustling malls here.
- The Juhu Market & Lokhandwala Market are some high-interest shopping locations.
- Famous spots such as the Dolphin Aquarium, Andheri Beach, and Jogeshwari Caves are a few great tourist attractions in Andheri.
- Andheri houses some of the major film studios and famous personalities, leading to an increased value of the locality.
- Barbeque Nation, BORA BORA, Banana Leaf Restaurant, and Foo are some exquisite and well-known dining places that Andheri offers.
Employment Opportunities In Andheri
- Andheri primarily has Industrial Hubs in its west & Business Parks in its east.
- It is also home to major commercial hubs, including Balaji Telefilms, Yashraj Studios, Big FM, and some other TV Channels.
- The locality is well-connected to major commercial landmarks.
- Bandra Kurla Complex, MIDC, SEEPZ, Lower Parel, and Powai are easily accessible.
- Work professionals enjoy close proximity to Aurum IT Park, Neelkanth IT Park, and Andheri Industrial Estate.
- The sound connectivity to all the major parts of the city via various modes of transport makes it an ideal spot for employment opportunities.
Lifestyle In Andheri
- Andheri is a premium locality and has a luxurious lifestyle.
- It has a perfect blend of green spaces, advanced infrastructure, & modern amenities.
- It houses a majority of upper-mid-segment and upper-segment residents.
- It is a socially active location and experiences a thriving nightlife.
- Andheri has some of ’s top Cafes, Eateries, and Pubs.
- Some of the best places to eat in Andheri are Brew House Kitchen, The Terrace - A Maiden Affair, The Tanjore Tiffin Room, Foo Andheri, etc.
- One of ’s largest PVR Cinemas and Multiplexes is located here.
- There are many celebrities that live in Andheri like Shah Rukh Khan (in Mannat), Katrina Kaif, Akshay Kumar, etc.
- This locality consists of various cultures and hence is a diverse place to reside.
- Its diversity brings together celebrations of various festivals and cultural events.
- Andheri is special for several things like vibrant nightlife, dynamic lifestyle, diverse culinary experiences, and connections to the Indian film industry. It also comprises some of the expensive residential places and is considered a major commercial hub in . This locality offers an attractive blend of comfort, convenience, and luxury.
Safety and Security In Andheri
- Andheri is a safe place to live in as it has many police stations nearby, CCTV surveillance constantly monitors the majority of areas, and it is a continuously bustling locality.
- Police Patrolling is carried out 24x7 and is heavier at night.
- Andheri enjoys a family-friendly neighborhood and has a good security system.
- There are adequate street lights, and the locality is considered safe.
Development and Future Prospects In Andheri
- To prevent monsoon flooding at Andheri Subway, a drainage line parallel to the railway track is planned.
- Pink Line 6 of the Metro is under construction and will be connecting Andheri (West) Lokhandwala to Vikhroli.
- A new cable-stayed bridge on the Andheri-Ghatkopar Link Road is in process and will improve the connectivity between the Eastern Express Highway and LBS Marg.
- Andheri Railway Station is soon to be upgraded and will facilitate better and smoother commutes.
- Several other proposed infrastructural projects are expected to increase the Real Estate Growth in this region.
- Along with the fast-happening developments, the rental values will also be higher.
Cultural and Community In Andheri
- Devotional places such as Sai Baba Mandir, Parla Jin Mandir, Hanuman Mandir, & Shankar Mandir are in the vicinity.
- Cultural centers such as the Institute of Indian Culture, Mukti Cultural Hub, and Bhavan’s Cultural Center are located in Andheri.
- The prestigious Sanskriti Arts for Sports, The Club the Andheri Recreational Club, the Celebration Sports Club, etc, are located here.
Environmental Factors In Andheri
- Andheri is a clean, well-developed locality with proper civic amenities.
- Many green spaces, such as Lokhandwala Garden, Nana Nani Park, and Chacha Nehru Park, are located here, contributing to a better environment.
- Air Quality in Andheri is moderate, considering the in-progress constructions and developments.
- The locality overall offers a vibrant, healthier environment to reside in.
Flat Configuration In Andheri
- Andheri offers 1 BHK, 2 BHK, 3 BHK, 4 BHK, and 5 BHK flat configurations.
- 2 BHK and 3 BHK are primarily preferred by homebuyers here.
- Several projects also offer bare shell units for easy customization.
- Villas and Farmhouses are also available in Andheri.
Property Price Growth In Andheri
- Being one of the premium up-market localities, it is a constant place of interest for investors, buyers, and developers.
- Therefore, there is a constant increase in property values in Andheri.
- The properties in Andheri East have witnessed a price appreciation of 14% in the last 5 years.
- Whereas, the properties in Andheri West have witnessed a price appreciation of 8% in the last 5 years.
- With increasing Industrial hubs, commercial hubs, and Residential areas, the rental value will also be higher.
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