A thriving suburb of Mumbai, Andheri East is a popular residential destination for people seeking a lavish lifestyle and modern infrastructure. This locality had witnessed the beginning of development back in 1915, and now offers everything you would need for a relaxed and luxurious lifestyle. Another prime factor behind the influx of migrants into this region is the employment and business opportunities.
Andheri East has several well developed commercial and industrial centers, which implies that one can live close to his/her workplace. The demand for Property in Mumbai has urged several esteemed developers to launch new projects which offer a lifestyle as lavish as that of the locality.
The locality is enjoying smooth connectivity to the nearby commercial hubs. The Versova Causeway, the Madhavdas Amarsey Road, and the S.V. Road deserve special mention. Efficient planning in the development of roadways and railway has ensured a quick commute across the city. Living in Mumbai, one can get across to the everyday and emergency landmarks in a quick time.
The social amenities in the region are quite well-developed and efficient, offering a relaxed lifestyle. Some of India’s best schools are located in Mumbai and offer a good academic infrastructure. The healthcare sector here is strong indeed, and reputed throughout the country. The resulting demand for homes is one of the reasons why the industry of real estate in Andheri East is developing fast.
The locality also offers great recreational amenities. You can hang out with your friends or family with many entertainment venues such as cinema halls, clubs, parks, etc. It has several landmark destinations such as the Mahakali Caves, Gilbert Hills, Andheri Sports complex, and more. Living in this place, you can easily access several restaurants, cafes, bars and other places where you can enjoy fine dining facilities. These factors make the Andheri East Flats alluring enough for homebuyers.
The cost of a property in Andheri East is lower, as compared to Andheri West, which is a key factor behind the high popularity of homes here. The locality is a popular residential hub for the middle class and upper class of the community. Most residential complexes here offer 1 BHK and 2 BHK homes, which have a high demand among home renters.
This helps the investors to earn lucrative rent from the apartments, making them great financial assets. This is another factor behind the high demand for new homes in the locality, as investors try to purchase apartments here for high returns in the future.
Recent reforms in the real estate sector have facilitated the rapid development in Mumbai. After the introduction of RERA, investment and development of new properties have increased greatly. This is because RERA has been safeguarding the interested of both the buyers and the developers efficiently.
While investors are finding more confidence in purchasing apartments in Andheri East, the developers are also drawing inspiration for new launch projects. Therefore, a good investment and the real estate industry here has great prospects in the coming years.