Andheri West to witness maximum capital appreciation in Next 5 Years with 7 Top launches of A Grade (Top Developers) of Mumbai and India.
Mumbai Property market as on Today is on its highest as far as the property prices are concerned in any micro location. From here on, to predict as to which area will have a better price appreciation is something absolutely tough as the same is depending on a lot of Socio Economic Factors, infrastructure development etc.
We have recently concluded a very deep Micro Market Analysis and Research of “Andheri West” as a Micro Location and found a few compelling reasons for this location to have brighter chances of Strong Capital Appreciation over the next few years compared to other locations around the city with similar attributes and price ranges.
A copy of this Micro Market Research based on Inventory overhang, Demand and Supply can be forwarded on request to you.
Andheri West like a Bandra, Breach Candy or a Cuffe Parade has evolved with time and is self sufficient with Hospitals, Theatres, Top Restaurants, Great Residential Community, Schools, Colleges, Malls, Retail and High Street Shopping etc. coupled with a Metro impact which will be starting hopefully beginning of Next Year. The self sufficiency in this location with effluent class living puts it at par with any other location which commands a premium price and hence over the years we have even seen a good number of celebrities, professionals and business families buying homes here.
To the South of Andheri West around 3-4KM away, the prices in Juhu are in the range of Rs.25000/- and going upto Rs.40,000/- PSF. Bandra West prices start at Rs.30,000/- PSF and go upto Rs.60,000/- Per Sq.ft. So Andheri West is likely to be the obvious choice for Home Buyers who are feeling the pinch of paying huge amount of Money in Bandra – Juhu.
We have at least 7 New Launches coming up in the next few weeks in Andheri West – Lokhandwala/Versova/Amboli/ DN Nagar areas with configurations of 1, 2, 2.5, 3 and 4 BHK of Top Developers of India offering Apartment Blocks with all modern amenities and A Grade Constructions. The New Launches are likely to be in the range of Rs.15,500/- PSF to Rs.19,000/- PSF approximately, giving you a great upside. These new launches will rev up the Andheri West market and shift the focus of a Home Buyer from other micro markets in the same price range and even compel the Home Buyer or Investor due to the Strong Investment angle and Quality projects of Top Developers.
In settled complexes like Oberoi Springs off.Link Road, the prices are in the range of Rs.27000/- PSF for Ready to Move in Top Quality Houses and a 2.5 BHK – 1295 sq.ft apartment sells easily in the range of 3.50CR. There has been no significant launch of any project in Andheri West by Top Developers over the past few years and the aspirational buyer is been waiting on the fence in this location.
If you are looking at a Future Residence or an Investment then we would be glad to have a meeting with you to share you the details on various options so that you are well prepared at the time of the launch of these projects with finer details and a decision.
We are Registered and Preferred Channel Partners of all the Developers coming up with projects in this micro location and we will be able to give you a lot of details, insights and a preferential booking on Day 1 of the opening of the booking.
We also can help you upgrade from your Current Homes or restructure your Real Estate Portfolio and make it more efficient to keep in lines with good lease rental returns and capital appreciation.