Saturday, April 19, 2025
Mumbai Real Estate: Is Andheri Becoming Sweet Spot Of MMR’s Real Estate Boom? – News18

Mumbai Real Estate: Is Andheri Becoming Sweet Spot Of MMR’s Real Estate Boom? – News18


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The mix of solid infrastructure, improved connectivity, and growing lifestyle options has turned Andheri into one of the most talked-about areas in the city’s real estate market, says real estate players.

JLL India Residential Market Update 2024 reports that Andheri West and East collectively saw more than 12,000 new units launched in the last two years. (Representative Image)

Mumbai, the country’s financial centre, has long been home to some of the country’s most expensive and in-demand addresses. Yet, in recent years, it is Andheri that has quietly moved into the spotlight. Located in the heart of Mumbai’s western suburbs, this neighbourhood has become a centre of attraction for homebuyers, investors, and top developers. The mix of solid infrastructure, improved connectivity, and growing lifestyle options has turned Andheri into one of the most talked-about areas in the city’s real estate market, according to real estate players.

Andheri, located between the city’s business districts and the Chhatrapati Shivaji Maharaj International Airport, it’s ideal for daily commuters and travellers. The East-West connecting Metro stations, such as DN Nagar, Azad Nagar, and Andheri, it’s proximity to the Western Express Highway and Link Road, or smooth access to Bandra-Kurla Complex (BKC), Powai, and Goregaon adds to their appeal. Andheri now blends a mix of modern shopping centres, restaurants, cafés, and theatres with traditional markets and old residential pockets.

ANAROCK Property Consultants noted that in 2023, western suburbs saw around 18,000 housing units launched, and Andheri contributed significantly due to its balanced blend of residential, commercial, and retail infrastructure. From 2018 to 2025, the suburb has seen a gradual increase in sold inventory, with figures touching over 7,000 units sold in 2023 alone.

JLL India Residential Market Update 2024 reports that Andheri West and East collectively saw more than 12,000 new units launched in the last two years. Projects by developers like Lodha, Sheth, Oberoi, Kanakia, and newer launches by firms like Tribeca have added to the supply of well-located, well-designed homes. While the market doesn’t show dramatic spikes in prices, the numbers suggest growing buyer confidence in the locality’s long-term potential.

The rising demand for premium homes in Andheri has caught the attention of one of the country’s biggest real estate developers. Known for its landmark projects in the Delhi-NCR region, DLF is now making a strong comeback into Mumbai’s property market. Andheri has been chosen for their first offering in the city after more than a decade. The project, which is being developed in partnership with the Trident Group, will be a premium residential development. The first phase is expected to offer nearly one million square feet of premium homes. With apartments expected to be priced between ₹6 crore and ₹8 crore, the project aims to offer 3 BHK and larger units, complete with modern amenities and a DLF-style clubhouse. The launch is expected by the start of the current financial year.

Aakash Ohri, Joint Managing Director and Chief Business Officer, DLF, said, “We are excited about our entry into Mumbai, a strategic market for our continued growth. The post-COVID era has highlighted real estate as a key investment, with a pronounced need for quality housing. Economic growth has driven a demand for home upgrades, particularly for larger, premium homes. This has led to a surge in demand for premium and luxury projects, making Mumbai a vital addition to our pan-India presence, soon to be followed by Goa. Our aim is to offer competitive entry price points while ensuring premium quality. Mumbai’s disciplined market demands a balanced approach to pricing, and we are committed to meeting these expectations while driving higher margins.”

Another developer, Tribeca, the licensed partner of Trump Tower in India, recently announced Trilive, India’s first dedicated rental housing development platform, with its inaugural project in Andheri, Mumbai. In association with Starwing Group and managed by luxury co-living company Housr, the project offers 650 fully managed studios at Marol with minimalist designs, private balconies, and exposure to five-star facilities such as gyms, coworking lounges, and rooftop theaters. Trilive seeks to provide high yields on rent to investors and unparalleled convenience to occupants.

Unlike other parts of Mumbai where space is a constraint, Andheri still offers the chance for new developments with better planning and layout. Its blend of old charm and new energy appeals to a wide group of buyers, from those upgrading their homes to young professionals wanting a slice of city life. Brokers speak of quicker deal closures, increasing footfalls at project launches and a clear rise in per square foot rates. With the metro network expanding, civic upgrades and more developers coming in with thoughtfully planned projects, Andheri is becoming a symbol of India’s next real estate chapter.



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