Mumbai
The Andheri East real estate market demonstrates consistent growth, with property rates averaging ₹31,700 per sq ft. Recent data highlights a robust rental market, where average rates reach ₹113 per sq ft, supported by a rental yield of 4.28%. Government registration activity reflects strong liquidity, with 645 transactions totaling ₹1,155 Cr over the past year. Developers such as Chandiwala Enterprises are actively shaping the landscape, while diverse project statuses ensure options for both immediate occupiers and long-term investors.
As of September 2026, the average asking price in Andheri East is ₹31,700 per sq ft. This figure reflects an appreciation of 0.14% compared to the previous period, indicating a stable and resilient residential market in this locality.
The average asking price in Andheri East is currently ₹31,700 per sq ft, which sits notably higher than the Government Registration Rate of ₹21,250 per sq ft. This gap between the market-driven asking price and the government-notified rate is a common observation in established Mumbai micromarkets and should be considered by buyers when evaluating their total cost of acquisition.
Property rates in Andheri East have shown a steady trajectory, moving from ₹30,900 per sq ft in December 2025 to ₹31,650 per sq ft in March 2026, and reaching ₹31,700 per sq ft by June 2026. This consistent upward movement suggests sustained demand for residential assets in the area, providing confidence to both end-users and long-term investors.
Among the surrounding areas, Vile Parle East commands the highest average asking price at ₹42,550 per sq ft, despite a depreciation of 3.67% compared to the previous period. Conversely, Sakinaka offers a more accessible entry point with an average asking price of ₹24,000 per sq ft, which has seen a depreciation of 4.85% over the same timeframe.
Property rates in Andheri East vary significantly by project status as of September 2026. Ready To Move projects are priced at an average of ₹26,600 per sq ft, having appreciated by 1.09% compared to the previous period, while Under Construction projects command a premium at ₹30,550 per sq ft, showing a notable appreciation of 11.55% over the same period, reflecting strong buyer interest in newer developments.
As of September 2026, the average rental rate in Andheri East is ₹113 per sq ft, which has appreciated by 2.73% compared to the previous period. The locality currently offers a rental yield of 4.28%, a key metric for investors that highlights the income-generating potential of residential properties relative to their capital value.
Rental rates in Andheri East vary by unit size, catering to a diverse tenant profile. As of September 2026, a Studio apartment rents for an average of ₹34,000 per month, while 1 BHK units average ₹50,050 per month. Larger configurations see higher demand, with 2 BHK units at ₹76,100 per month, 3 BHK units at ₹1.15 Lakh per month, and 4 BHK units reaching ₹3.64 Lakh per month.
Premium rental projects in Andheri East include Mahindra Vicino A5 A6 at ₹144 per sq ft and Platinum Towers at ₹142 per sq ft. Other notable projects include Atul Blue Fortune at ₹140 per sq ft, which saw a depreciation of 44% compared to the previous period, and Kadambari CHS Andheri, which rents at ₹134 per sq ft and has appreciated by 3.88%.
Rental rates in Andheri East differ significantly by property type as of September 2026. Office spaces command the highest rent at ₹250 per sq ft, reflecting an appreciation of 7.76% compared to the previous period, followed by shops at ₹200 per sq ft, which appreciated by 21.79%. Residential apartments remain more affordable at an average of ₹100 per sq ft, showing a steady appreciation of 2.73%.
The developer landscape in Andheri East is led by firms like Chandiwala Enterprises, which recorded 3 transactions, followed by Isha Homes and Crystal Group with 2 transactions each. This activity level highlights the presence of active, established players who are consistently contributing to the residential supply in the locality.
As of September 2026, Ready To Move projects in Andheri East are priced at ₹26,600 per sq ft, while New Launch projects are priced at ₹29,800 per sq ft, having appreciated by 8.3% compared to the previous period. This price difference often reflects the premium buyers are willing to pay for modern amenities, updated floor plans, and the latest construction standards found in newer projects compared to older, ready-to-move stock.
Rental growth varies across the locality as of September 2026. Kondivita and Chakala have emerged as high-growth areas, with rental rates at ₹150 per sq ft and ₹100 per sq ft respectively, showing appreciations of 9.65% and 12.15% compared to the previous period. In contrast, areas like Sher E Punjab Colony have seen a rental depreciation of 20.56%, with rates currently at ₹100 per sq ft.
