Property Rates in Andheri East, Mumbai 2026

The average asking price in Andheri East is currently ₹31,650 per sq ft, which sits notably higher than the Government Registration Rate of ₹21,250 per sq ft as of June 2026. This gap between the market-driven asking price and the government-notified rate is a common observation in high-demand urban localities and should be factored into your total acquisition cost calculations.

Property rates in Andheri East have shown a steady upward trajectory, moving from ₹29,750 per sq ft in September 2025 to the current ₹31,650 per sq ft as of June 2026. This consistent quarterly growth indicates strong buyer confidence and resilience in the local real estate market, making it a point of interest for both end-users and long-term investors.

Rental rates in Andheri East cater to a diverse range of tenants, with monthly averages as of June 2026 starting at ₹26,000 for Studio apartments, followed by ₹50,650 for 1 BHK, ₹74,900 for 2 BHK, ₹1.22 Lakh for 3 BHK, and reaching ₹3.64 Lakh for 4 BHK units. This tiered pricing structure allows prospective tenants to select options based on their space requirements and budget, while investors can use these figures to estimate potential monthly rental income.

The average rental yield in Andheri East is 4.17% as of June 2026, providing a key metric for investors to evaluate the income-generating potential of their property relative to the purchase price. While the overall average rental rate stands at ₹110 per sq ft, it is important to note that this figure has seen a depreciation of 3.51% over the observed period, suggesting that investors should carefully analyze specific project-level performance before committing to a purchase.

As of June 2026, Kondivita and MIDC are among the premium areas for rentals in the vicinity, both commanding an average rental rate of ₹150 per sq ft. While Kondivita has seen a significant appreciation of 9.65% in its rental rates, MIDC has remained stable, reflecting the varied demand dynamics across these specific business and residential hubs.

As of June 2026, Ready To Move property in Andheri East is priced at an average of ₹26,300 per sq ft, having appreciated by 0.93% over the period, while Under Construction property is priced at ₹27,400 per sq ft, reflecting a 3% appreciation. The higher price point for Under Construction units often reflects the premium associated with modern amenities, newer construction standards, and the potential for future capital appreciation upon completion.

As of June 2026, premium rental projects in Andheri East include Mahindra Vicino A5 A6 at ₹144 per sq ft, Platinum Towers at ₹142 per sq ft, and Eco Residency Andheri at ₹140 per sq ft. These projects are positioned at the higher end of the local rental market, often due to their superior location, proximity to commercial hubs, and high-quality building infrastructure.

As of June 2026, property prices in Andheri East vary significantly by type: shops are priced at ₹63,750 per sq ft (up 40.29%), office spaces at ₹36,350 per sq ft (up 2.85%), villas at ₹22,700 per sq ft (up 57.58%), and apartments at ₹31,650 per sq ft (depreciated by 0.03%). This data highlights the high premium currently commanded by commercial assets like shops compared to residential apartments.

As of June 2026, developers such as Chandiwala Enterprises, with 3 recorded transactions, lead the activity in Andheri East, followed by Isha Homes and Crystal Group with 2 transactions each. This transaction volume serves as a reliable indicator of developer credibility and the market's preference for specific projects within the locality.

Neighbourhoods like Sher E Punjab Colony and Poonam Nagar have seen 0% change in their average asking prices as of June 2026, with rates at ₹33,300 per sq ft and ₹30,450 per sq ft respectively. Price stability in these areas typically signals a balanced market where demand and supply are well-aligned, offering a predictable environment for long-term residents and conservative investors.

A first-time buyer should use the June 2026 data to compare the average asking price of ₹31,650 per sq ft against their budget and the Government Registration Rate of ₹21,250 per sq ft to understand the market premium. By reviewing the price trends and the status-wise breakdown, such as the ₹26,300 per sq ft for Ready To Move units, buyers can make an informed decision based on whether they prioritize immediate possession or the potential value growth of new developments.