Which neighbourhood in Andheri is better for buying a home—Andheri East or Andheri West? Mumbai's most notable suburb, Andheri, is split into two parts: west and east. Each area, East and West, has benefits and downsides. The hill known as Udaynagari, which is close to the Mahakali caves, is where the name Andheri first appeared. Because so many movie stars and other celebrities reside there, Andheri is an affluent neighbourhood.
The film and television industries have a presence in Andheri West. The property value in this part of town is high as a result. Because the cost of real estate is reasonable in Andheri East, there are many middle-class and wealthy residents. The affluent class wants to purchase real estate in the west, hence this region has a higher demand for larger residences.
When it comes to purchasing and selling houses, these two places exhibit different traits. The price structures, the quality of the homes, and other aspects vary between the two places.
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Property in Mumbai
Mumbai provides a variety of real estate opportunities. Everything is available, from affordable starter homes to pricey luxury residences in India. As a result, it satisfies the needs of all different kinds of homebuyers. Mumbai real estate combines elegance and utility.
Mumbai's well-kept metropolitan infrastructure makes it a haven for house purchasers. It has a civic organisation that manages the city's many concerns. In comparison to other major U.S. cities, it has a low cost of living and a plenty of career options. In other words, it is a lovely area to live in, real estate costs notwithstanding. It boasts a public transit system that makes everyday commuting easier for thousands of individuals.
What makes them unique?
Let's talk about what makes these two areas of Andheri's real estate market so distinct.
Infrastructure Variation
Fine eating establishments and boutiques from well-known brands can be found in Andheri West. Due to its adequate infrastructure, the area is affluent. It provides top-notch medical facilities, educational institutions, and business ventures. In addition to being adjacent to Mumbai's most exclusive areas, it boasts good road and train access.
However, due of its advantageous position, Andheri East provides superior connection. The Chhatrapati Shivaji Maharaj International Airport is nearby. Another element driving the expansion of real estate in this area is the opening of the metro rail system. People are drawn to purchase properties in Andheri East because of its accessibility to the Western and Eastern Express Highways.
The introduction of Mumbai Metro Line 7, which runs from Dahisar East to Andheri East, has further increased the city's connectivity. The communication between Andheri and the rest of the city has enhanced because to this line. The area's world-class hospitals, schools, theatres, five-star hotels, and fine dining establishments are advantageous to prospective homeowners.
Changes in Property
In comparison to Andheri East, Andheri West is an older neighbourhood. It has always been a neighbourhood of homes. Affluent residents, movie and television personalities, and several film studios may all be found in this neighbourhood. The opulent residences with views of the Arabian Sea cost several crores. They have all the contemporary conveniences, including multiplexes, shopping malls, swimming pools, and sports facilities. In this region, bigger and 2 BHK-style homes are in high demand.
Andheri East, on the other hand, was initially a business and commercial centre. However, it has been evolving into a well-liked residential neighbourhood in recent years. The previous ten years have seen a surge in demand for residential property in nearby areas like Kandivali and Powai due to the entry of various corporations. The most common home layouts in this neighbourhood are for 1 and 2 bedrooms.
Price variations for real estate
In contrast to the eastern section, Andheri West has a higher property rate. Currently, the estimated average property rate in this area is from 27,871 to 92,592 per square foot. The cost of the opulent buildings ranges between Rs 3 crore and Rs 20 crore. Luxury developments in the eastern region would also command prices ranging from Rs 2 crore to Rs 6 crore.
Patterns of Rentals Vary
The cost of renting houses varies considerably between the two locations. For instance, the monthly rent for a 1 BHK property in Andheri West with a carpet size of 500–700 square feet will range from Rs. 25,000–30,000 to Rs. 1, 60,000 for a 2 BHK home with a carpet size of 800-1,000 square feet.
Rent is less expensive in Andheri East than it is in Andheri West because of the area's high population density. The price range for renting a one-bedroom house in this so-called densest micromarket is between Rs 10,000 and Rs 31,348 per month. Rent for those larger units will range from Rs 26,000 to Rs 62,000 per month.
Variation in Buyer Terms
Top-notch amenities are available in Andheri West, which is a popular area for Bollywood stars and TV actors. Here, the demand for houses is driven by the high-class market. Similar to this, house buyers from the middle and upper classes are the main drivers of demand in Andheri East.
According to real estate specialists, Andheri East offers a fantastic investment market that combines affordable and mid-segment homes. The Santa Cruz Electronics Export Processing Zone (SEEPZ) and the Maharashtra Industrial Development Corporation (MIDC) are nearby. People who work in the adjacent areas will find the Bandra-Kurla Complex (BKC) and Lower Parel to be appealing locations to buy or rent a house.
Source From:- navimumbaihouses
