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Insights for Andheri West, Mumbai Real Estate Market Overview

Andheri West remains a high-demand real estate destination in Mumbai, characterized by consistent price appreciation and a robust mix of residential and commercial offerings. Property values have climbed steadily, reaching an average of ₹41,400 per sq ft, while the rental market offers an attractive yield of 3.77%. Recent government registration data highlights significant activity, with 461 transactions totaling ₹1,159 Cr. Developers such as Bini Builders and Platinum Corp are actively shaping the local landscape, catering to both end-users and investors.

  • Residential property prices have shown a positive trend, currently averaging ₹41,400 per sq ft.
  • Showroom spaces lead the commercial segment with high rental rates of ₹400 per sq ft.
  • Ready-to-move projects remain the most abundant, with over 1,300 available units.
  • Rental rates for 3 BHK and 4 BHK apartments have reached significant monthly averages of ₹1.6 Lakh and ₹3.14 Lakh respectively.
  • Top-tier projects like Kalpataru Yashodhan command premium asking rates of ₹77,250 per sq ft.

Market Strengths
  • A vast inventory of 1,333 ready-to-move units provides immediate options for homebuyers.
  • The 3.77% rental yield indicates a healthy and consistent demand for rental properties.
  • Residential apartments maintain a steady growth of 3.55% in capital value.
  • Showroom and office space segments show robust rental growth of 9.56% and 4.12% respectively.
  • High-end residential projects like Kalpataru Yashodhan command premium rates up to ₹77,250 per sq ft.
Market Challenges
  • Certain established neighborhoods like Four Bunglows have experienced rental rate declines of -31.82%.
  • Shop rentals have seen a decrease of -20.29%, reflecting a cooling in that specific commercial segment.
  • Manish Nagar rental rates have dropped by -20.17% year-on-year.
  • Well-occupied property segments saw a price adjustment of -7.51%.
Investment Opportunities
  • Residential apartments offer a solid 3.77% rental yield for long-term investors.
  • Under-construction projects show strong growth potential with an 8.78% price increase.
  • Showroom spaces provide high rental income potential at ₹400 per sq ft.
  • New launch projects are priced competitively at ₹35,650 per sq ft, offering early-entry value.
  • Villas have seen significant capital appreciation of 16.58%.
Top Localities in Andheri West, Mumbai

Veera Desai Road

Avg Price ₹ 33,750 /Sq.Ft.
LISTINGS 9
Price Trend

Andheri West, Mumbai Property Price Trends and Appreciation

Property rates in Andheri West have shown consistent upward movement, climbing from ₹40,300 per sq ft in late 2025 to reach ₹41,400 per sq ft by mid-2026. This growth highlights the sustained demand within the locality as it outpaces broader micromarket trends. The steady quarterly increases reflect a resilient market environment for both buyers and investors.
Asking Price Trends
₹ 41,400/Sq.Ft + 3.55 % QoQ
Dec 2025 — Sep 2026
Quarter City Rate
Sep 2026 0
Jun 2026 41400
Mar 2026 40000
Dec 2025 40300
About Asking Price Trends
Andheri West Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Shashtri Nagar 51,400 -
Versova 45,000 -0.8
Jogeshwari West 33,800 8.2
Oshiwara 40,350 12.1
Gulmohar Road 57,050 -1.4
Amboli 36,000 2.2
Juhu 60,650 -0.7
Natwar Nagar 33,350 -
Goregaon West 33,400 2.7
Jogeshwari East 28,900 0.6
The residential landscape across Andheri West features distinct price variations depending on the specific neighborhood. Juhu commands the highest premium at ₹60,650 per sq ft, while Gulmohar Road follows closely at ₹57,050 per sq ft. In contrast, locations like Jogeshwari East offer more accessible entry points at ₹28,900 per sq ft. These variations allow buyers to choose between high-end luxury pockets and value-driven residential zones based on their specific investment goals.
Type Rate (₹/Sq.Ft) Change %
Shop 88,250 12.2
Office Space 47,900 1.4
Villa 51,850 16.6
Apartment 41,400 3.6
Andheri West offers a versatile real estate market that caters to various investment needs. Commercial properties like showrooms lead the premium segment at ₹400 per sq ft in rental value, while office spaces remain stable. Residential apartments represent the core of the market at ₹41,400 per sq ft, experiencing a 3.55% year-on-year increase. Villas also feature prominently, commanding an average price of ₹51,850 per sq ft with a notable 16.58% growth.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 1,408 32,564 2.1
Under Construction 83 37,850 8.8
New Launch 56 35,650 7
The market provides a wide spectrum of inventory stages to suit different possession timelines. Ready-to-move projects, totaling 1,333 units, average ₹32,600 per sq ft and have seen a 2.66% price increase. Under-construction inventory offers 83 opportunities at ₹37,850 per sq ft, reflecting an 8.78% growth, while new launches provide 56 options at ₹35,650 per sq ft. This range allows buyers to balance immediate occupancy with long-term capital appreciation.
Project & Developer Insights
Top Projects by Listing Rates
  • Listing Rate
  • By Rental
Premium residential developments in Andheri West set the benchmark for luxury living with significant asking prices. Kalpataru Yashodhan leads the market at ₹77,250 per sq ft, followed by Neminath Silver Oak at ₹59,500 per sq ft. Other high-value projects like Runwal Codename Rare and Samartha Sampada are priced at ₹56,750 per sq ft and ₹55,750 per sq ft respectively. These developments represent the aspirational segment of the local real estate market.
Project Name Rate (₹/Sq.Ft) Change %
Lokhandwala Premium Towers, Andheri West 168 -
Samartha Sampada, Andheri West 166 -
Raiaskaran Parthenon, Andheri West 165 -
Romell Amore, Andheri West 165 -
K Hemani Bay View, Andheri West 165 -
Lokhandwala Green Acres, Andheri West 162 -
Versova Heaven Chs, Andheri West 162 2.5
Silver Arch Apartments, Andheri West 162 -
Apna Ghar Chs Andheri West, Andheri West 161 -
Pramukh Heights, Andheri West 160 -
Top projects such as Lokhandwala Premium Towers and Samartha Sampada command premium rental rates of ₹168 and ₹166 per sq ft respectively. These high-end developments remain sought after for their luxury amenities and prime locations within Andheri West.
Top Developers by Transaction Count
  • By Transaction
The Andheri West development sector is defined by active and experienced builders who secure the majority of market transactions. Bini Builders leads the field, supported by key players like Platinum Corp and Samartha Development Corporation. This group of developers collectively maintains a strong market presence, ensuring a steady supply of quality housing options.
Government Registrations

Government Registration in Andheri West, Mumbai

Official registration data indicates a vibrant market, with 461 transactions totaling ₹1,159 Cr recorded between November 2025 and October 2026. The average registered rate stands at ₹27,900 per sq ft. Bini Builders has emerged as a top developer by transaction volume, reflecting strong buyer confidence and sustained market momentum.
Sales Transactions 461
Gross Sales Value ₹ 1,159 Cr
Registered Rate ₹ 27,900/Sq.Ft
Rental Trends

Rental Trends and Average Rent in Andheri West, Mumbai

Rental demand is diverse, with studio apartments averaging ₹49,650 per month. Larger configurations show significant premiums, with 3 BHK units at ₹1.6 Lakh per month and 4 BHK units reaching ₹3.14 Lakh per month, reflecting the demand for spacious residential living. Rental rates vary across the locality, with Shashtri Nagar and Seven Bunglows commanding premium rates of ₹150 per sq ft. Other areas like Lokhandwala Complex and Versova maintain stable rental levels at ₹100 per sq ft, catering to a wide range of rental budgets. Commercial rental segments show high performance, with showrooms averaging ₹400 per sq ft and office spaces at ₹200 per sq ft. Residential apartments remain consistent at ₹150 per sq ft, showing a 5.69% growth in rental demand. Top projects such as Lokhandwala Premium Towers and Samartha Sampada command premium rental rates of ₹168 and ₹166 per sq ft respectively. These high-end developments remain sought after for their luxury amenities and prime locations within Andheri West.
Andheri West Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
Studio 49,650
1 Bhk 55,000
2 Bhk 84,350
3 Bhk 1,59,600
4 Bhk 3,14,100
5 Bhk 3,51,550
Rental demand is diverse, with studio apartments averaging ₹49,650 per month. Larger configurations show significant premiums, with 3 BHK units at ₹1.6 Lakh per month and 4 BHK units reaching ₹3.14 Lakh per month, reflecting the demand for spacious residential living.
Locality Rate (₹/Sq.Ft) Change %
Mudran Press Colony 150 1.5
Bhudargarh Colony 150 -
Sv Patel Nagar 100 -
Manish Nagar 100 -20.2
Shashtri Nagar 150 22.8
Seven Bunglow 150 4.2
Jeevan Nagar 100 1.8
Four Bunglows 100 -31.8
Lokhandwala Complex 100 -0.8
Versova 100 -0.8
Rental rates vary across the locality, with Shashtri Nagar and Seven Bunglows commanding premium rates of ₹150 per sq ft. Other areas like Lokhandwala Complex and Versova maintain stable rental levels at ₹100 per sq ft, catering to a wide range of rental budgets.
Property Type Rate (₹/Sq.Ft) Change %
Showroom 400 9.6
Shop 300 -20.3
Office Space 200 4.1
Villa 150 2.3
Apartment 150 5.7
Commercial rental segments show high performance, with showrooms averaging ₹400 per sq ft and office spaces at ₹200 per sq ft. Residential apartments remain consistent at ₹150 per sq ft, showing a 5.69% growth in rental demand.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 19,000 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,650 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,950 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Andheri West, Mumbai

Avg. Asking Price ₹ 40,300 /Sq.Ft
Govt Registration Rate ₹ 29,500 /Sq.Ft
Avg. Asking Price ₹ 39,650 /Sq.Ft
Govt Registration Rate ₹ 21,200 /Sq.Ft
Avg. Asking Price ₹ 35,900 /Sq.Ft
Govt Registration Rate ₹ 21,600 /Sq.Ft
Avg. Asking Price ₹ 32,400 /Sq.Ft
Govt Registration Rate ₹ 19,900 /Sq.Ft

More insights about Andheri West, Mumbai

FAQ

Frequently Asked Questions About Property Rates in Andheri West, Mumbai

What is the current average asking price in Andheri West, Mumbai?

As of Sep 2026, the average asking price in Andheri West is ₹41,400 per sq ft. This figure reflects an appreciation of 3.55% when compared to previous market data, indicating a resilient demand for residential properties in this prime location.

How does the Government Registration Rate compare to the market asking price in Andheri West?

The Government Registration Rate in Andheri West is currently ₹27,900 per sq ft, which is significantly lower than the average market asking price of ₹41,400 per sq ft. This gap is a crucial metric for buyers to consider, as it highlights the difference between the official valuation used for registration and the prevailing market-driven prices in the locality.

What are the rental trends and yields for properties in Andheri West?

The average rental rate in Andheri West is ₹130 per sq ft as of Sep 2026, which has appreciated by 5.69% compared to previous periods. Investors currently see a rental yield of 3.77%, a key indicator of the income-generating potential of residential assets in the area relative to their capital purchase price.

How does the monthly rent vary by BHK configuration in Andheri West?

Rental rates in Andheri West scale significantly with unit size: as of Sep 2026, a Studio apartment averages ₹49,650 per month, while 1 BHK units command ₹55,000 per month. Larger configurations see higher demand, with 2 BHK units at ₹84,350 per month, 3 BHK units at ₹1.6 Lakh per month, 4 BHK units at ₹3.14 Lakh per month, and 5 BHK units reaching ₹3.52 Lakh per month.

Which neighbourhoods in Andheri West have the highest and lowest property rates?

Property rates vary significantly across Andheri West; as of Sep 2026, Juhu commands the highest average at ₹60,650 per sq ft (which depreciated by 0.71%), followed by Gulmohar Road at ₹57,050 per sq ft (depreciated by 1.41%). Conversely, more accessible options include Jogeshwari East at ₹28,900 per sq ft (appreciated by 0.55%) and Natwar Nagar at ₹33,350 per sq ft, which has remained stable.

How do property prices differ based on project status in Andheri West?

As of Sep 2026, Ready To Move properties in Andheri West average ₹32,600 per sq ft, having appreciated by 2.66%. In contrast, Under Construction projects are priced higher at ₹37,850 per sq ft, showing a strong appreciation of 8.78%, while New Launch projects average ₹35,650 per sq ft, reflecting a 6.97% appreciation, suggesting that buyers are willing to pay a premium for newer developments.

What is the price trend for different property types in Andheri West?

Property prices in Andheri West vary by asset class as of Sep 2026: apartments average ₹41,400 per sq ft (appreciated by 3.55%), while villas are priced at ₹51,850 per sq ft (appreciated by 16.58%). Commercial assets also show growth, with office spaces at ₹47,900 per sq ft (appreciated by 1.43%) and shops at ₹88,250 per sq ft (appreciated by 12.23%).

Which projects in Andheri West command the highest rental rates?

As of Sep 2026, premium rental projects in Andheri West include Lokhandwala Premium Towers at ₹168 per sq ft, Samartha Sampada at ₹166 per sq ft, and both Raiaskaran Parthenon and Romell Amore at ₹165 per sq ft. These projects maintain their top-tier status due to their location and amenities, with most showing stable rental growth compared to previous periods.

Which developers have the highest transaction activity in Andheri West?

Bini Builders leads the market in Andheri West with 4 recorded transactions, followed by Platinum Corp and Samartha Development Corporation, each with 2 transactions as of the latest data. Other active developers include Monarch Construction, Milind Developers, and Oberoi Realty, reflecting a mix of established and boutique developers driving the local real estate market.

How should a buyer interpret the price trends in Andheri West?

Buyers should note that the average asking price in Andheri West has shown an upward trajectory, moving from ₹40,000 per sq ft in Mar 2026 to ₹41,400 per sq ft by Jun 2026. This consistent growth indicates sustained demand and investor confidence, making it essential for prospective buyers to monitor these quarterly shifts when timing their investment.

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