Andheri East: The new name of Mumbai real estate market
Even after termed as one of the most expensive places for the real estate developments, the financial hub of India, Mumbai has yet to see a decline in the supply and demand side of its real estate market. The place, which is known to keep a property for every occupant, is now getting more popular because of Andheri East, a prime location witnessed to see a regular growth in the property demand. Let us see more into this area.
Andheri East has emerged into the fastest growing commercial and residential hub. The factors can be credited to efficiently high infrastructural development, closeness with the prime connectivity hubs etc. While Andheri West has created a standing by catering to demands of the high paying property seekers, the Eastern area is known to offer affordable priced options, establishing itself as a mid-income segment buyer’s haven.
The causes for Andheri East being famous are:
1. Connectivity
The place is around 33.4 kilometers from railway station of Churchgate, around 18 kilometers from the Mumbai airport, also nearly 30 minutes away from Bandra.
2. Locality
Due to a planned connectivity through the railways, Andheri East share comfortable reach with the prime hubs of Bandra and South Mumbai. The vicinity with Western Express highway also offers a transparent link through other premium areas of Mumbai along with the Ghodbunder road, making it easy to connect with the city’s central suburbs.
Two of the most recent projects in the strategic location are mentioned below, along with the information on their developer.
1.Oberoi Realty
The celebrated builder group of the country, Oberoi Realty has recently added another name in the list of real estate developments. Marketed as Oberoi Splendor, they are offering 1 to 6 BHK apartments of Rs. 3.1 Crore to 8.51 Crore. Priced in the affordable range as far as Mumbai’s property market is concerned, the houses are designed in 1377 to 2800 sq. ft. area. Amenities they are offering include meditation center, waiting lounge, conference room, gym, swimming pool, clubhouse, reserved car parking, lift, etc. are at par with the global standards of property market. The affordable price range added with the well structured amenities are the factors driving the sales in this project.
2.Kalpataru Group
The known builder group of Pune has come with a project in Mumbai. Located in Andheri East in the prime location of Mumbai Andheri Dahisar, they are offering 2 to 4 BHK apartments of 975 to 2450 sq. ft. area in the price range of Rs. 2.45 Crore to 6 Crore. Amenities they are offering include ATM, piped gas rainwater harvesting plant, power backup, lift, gym, swimming pool, multipurpose hall, etc. are designed to give maximum comfort to the occupants.
Andheri East is the fastest developing places of Mumbai. The affordable property prices make it easier to buy a house here. You can always flip the house in market with an assured high return. But before you go on with buying the house, make sure you do a careful study of the property’s builder, location, and house type.
Tripti writes on the behalf of 99 acres.com. Her articles talk about new developments in the real estate industry. She is an avid fiction reader, craftsman and a keen observer. Being someone who just observes without having a point of view, she keeps herself updated in real time. You can reach her on G+ and LinkedIn.
Andheri East has emerged into the fastest growing commercial and residential hub. The factors can be credited to efficiently high infrastructural development, closeness with the prime connectivity hubs etc. While Andheri West has created a standing by catering to demands of the high paying property seekers, the Eastern area is known to offer affordable priced options, establishing itself as a mid-income segment buyer’s haven.
The causes for Andheri East being famous are:
1. Connectivity
The place is around 33.4 kilometers from railway station of Churchgate, around 18 kilometers from the Mumbai airport, also nearly 30 minutes away from Bandra.
2. Locality
Due to a planned connectivity through the railways, Andheri East share comfortable reach with the prime hubs of Bandra and South Mumbai. The vicinity with Western Express highway also offers a transparent link through other premium areas of Mumbai along with the Ghodbunder road, making it easy to connect with the city’s central suburbs.
Two of the most recent projects in the strategic location are mentioned below, along with the information on their developer.
1.Oberoi Realty
The celebrated builder group of the country, Oberoi Realty has recently added another name in the list of real estate developments. Marketed as Oberoi Splendor, they are offering 1 to 6 BHK apartments of Rs. 3.1 Crore to 8.51 Crore. Priced in the affordable range as far as Mumbai’s property market is concerned, the houses are designed in 1377 to 2800 sq. ft. area. Amenities they are offering include meditation center, waiting lounge, conference room, gym, swimming pool, clubhouse, reserved car parking, lift, etc. are at par with the global standards of property market. The affordable price range added with the well structured amenities are the factors driving the sales in this project.
2.Kalpataru Group
The known builder group of Pune has come with a project in Mumbai. Located in Andheri East in the prime location of Mumbai Andheri Dahisar, they are offering 2 to 4 BHK apartments of 975 to 2450 sq. ft. area in the price range of Rs. 2.45 Crore to 6 Crore. Amenities they are offering include ATM, piped gas rainwater harvesting plant, power backup, lift, gym, swimming pool, multipurpose hall, etc. are designed to give maximum comfort to the occupants.
Andheri East is the fastest developing places of Mumbai. The affordable property prices make it easier to buy a house here. You can always flip the house in market with an assured high return. But before you go on with buying the house, make sure you do a careful study of the property’s builder, location, and house type.
Tripti writes on the behalf of 99 acres.com. Her articles talk about new developments in the real estate industry. She is an avid fiction reader, craftsman and a keen observer. Being someone who just observes without having a point of view, she keeps herself updated in real time. You can reach her on G+ and LinkedIn.
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