Why is Andheri West a Great Investment Hub for Home Buyers?

Why is Andheri West a Great Investment Hub for Home Buyers?

Why is Andheri West a Great Investment Hub for Home Buyers?

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Andheri, one of the most sought-after localities of Mumbai, is a popular destination for the homebuyers to consider. Among the eastern and western suburbs, the homebuyers have shown their impeccable interest towards investing in properties of Andheri West, due to the rapid uprise in the physical infrastructure and amenity developments.

Andheri West has successfully emerged as one of the most popular residential and commercial hotspots in all of Mumbai, which is also close to wealthy localities, Versova and Lokhandwala. If you have plans on buying a 2 BHK flat in Andheri West for a peaceful living or a long-term investment, here are some of the things that make it an ideal choice.

Unmatched Connectivity to Other Parts of the Country

Andheri West enables you to live a peaceful and luxurious lifestyle with modern-day amenities and posh recreational facilities. With lavish apartment buildings and world-class amenities, it is now easy for people to live in their dream paradise.

Andheri West is in the heart of Mumbai and boasts its astounding connectivity. It features all the popular transportation options, may it be the metro, railways or buses. For all of the people who are looking for a 2 BHK flat in Andheri West, they will be closer to the popular connecting roadways, such as Western Express Highway, Swami Vivekananda Road and Jogeshwari-Vikhroli Link Road.

Embrace the Awestruck Physical Infrastructure

BMC is also establishing a corridor right next to the Andheri railway station, which will eventually minimise the traffic congestion around the locality. Moreover, there are proposals for improving road connectivity with new flyovers around the area. Hence, this will make it easy for the public transportations to move feasible within the locality and across the city.

The place also has some of the most popular schools, hospitals, malls, parks, and other such necessary infrastructure facilities to promote a profound residential lifestyle. Some of those infrastructure facilities around the site include:

  • BSES MG Hospital
  • Bellevue Multispeciality Hospital
  • Citi Mall
  • Crystal Point Mall
  • Infiniti Mall
  • Dolphin Aquarium
  • Chacha Nehru Park
  • Lokhandwala Garden

Andheri West Has a Consistently Appreciating Real Estate Pricing

One of the biggest reasons that have convinced you to buy a 2 BHK flat in Andheri West is it’s constantly appreciating real estate pricing. The average property pricing in the locality is around Rs. 27,000 per sq. ft., which is 3.4% higher than the last year’s pricing.

In the past five years, there has been more than 9% of price appreciation for the properties in Andheri West. Hence, you can be assured of investing your money in real estate of this locality, as it will undoubtedly give you high returns in the long run.

Forthcoming Developments in the City Will Enhance the Overall Investment Demands

As per the authorities of Mumbai, there are some proposed developments in the pipeline for Andheri West, which will further escalate the real estate pricing. Some of those upcoming developments are as follows:

  • The new Mumbai Metro Line 2A will be running between DN Nagar in Andheri West and will go up to Dahisar East.
  • Plans on developing 10 green eco-friendly bus stops from the Andheri-Goregaon Link Road, which will benefit the daily commuters.
  • Proposed p[lans on redeveloping the Andheri Railway Station with a concourse, CCTVs and other such amenities.
  • A bridge is under construction between Versova and Bandra-Worli Sea Link.
  • The under construction Metro Line 6, which will run from Lokhandwala to Kanjurmarg, will connect the Swami Samarth Nagar sub-locality in Andheri West.
  • A planned bridge is to be constructed, starting from the Juhu-Versova Link Road to the Mayor Hall, which will reduce the overall traffic clutter in Andheri West.

Conclusion

These are some of the evident reasons that make it quite convincing for you to buy a 2 BHK flat in Andheri West as a lucrative investment opportunity. If you hold onto the property for at least 10 years or more, then you will get whooping returns. If not that, you can also plan your retirement stay in a luxurious and facility-rich apartment within the posh sub localities of Andheri West!

Irrespective of what you plan for, take your quest of searching for the best properties in Andheri West to Blox, your one-stop property search engine!

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