Mumbai
The Andheri West real estate market continues to demonstrate strong growth, with property values rising steadily over the past year. Investors are increasingly drawn to the area's healthy rental yield, which currently stands at 3.77%, supported by a diverse range of residential offerings. Recent government registration data highlights a high volume of transactions, reflecting deep buyer confidence and consistent liquidity in the local market. Developers are actively responding to this demand by launching new projects that cater to varying lifestyle needs, from luxury apartments to modern workspaces.
As of June 2026, the average asking price in Andheri West is ₹41,400 per sq ft. This figure reflects an appreciation of 3.55% compared to the previous period, signaling sustained demand for residential property in this prominent Mumbai suburb.
Property prices in Andheri West have shown a consistent upward trajectory over the last four quarters. According to data for June 2026, the average asking price reached ₹41,400 per sq ft, rising from ₹40,000 per sq ft in March 2026, ₹40,300 per sq ft in December 2025, and ₹38,350 per sq ft in September 2025. This steady growth indicates strong buyer confidence and a resilient market environment.
The average asking price in Andheri West is currently ₹41,400 per sq ft, while the Government Registration Rate stands at ₹27,900 per sq ft as of June 2026. This gap between the market-driven asking price and the government-notified rate is a common characteristic of high-demand urban markets, and buyers should account for this difference when calculating total acquisition costs and stamp duty obligations.
Among the areas surrounding Andheri West, Juhu commands the highest average asking price at ₹60,650 per sq ft, despite a minor depreciation of 0.71% from the previous period. Conversely, Jogeshwari East offers more accessible entry points with an average asking price of ₹28,900 per sq ft, which has seen a modest appreciation of 0.55% as of June 2026.
As of June 2026, Ready To Move properties in Andheri West are priced at an average of ₹32,600 per sq ft, having appreciated by 2.66%. In contrast, Under Construction projects are priced at ₹37,850 per sq ft, reflecting a stronger appreciation of 8.78%, while New Launch projects are currently averaging ₹35,650 per sq ft, up by 6.97% compared to the previous period.
The average rental yield in Andheri West is 3.77% as of June 2026, with an average rental rate of ₹130 per sq ft. This yield represents the annual rental income relative to the property's capital value, providing investors with a benchmark for potential returns on residential assets in the area.
Rental rates in Andheri West vary significantly by unit size as of June 2026. Studio apartments average ₹49,650 per month, while 1 BHK units command ₹55,000 per month. Larger configurations see higher demand, with 2 BHK units averaging ₹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.
As of June 2026, premium projects such as Lokhandwala Premium Towers lead the rental market with rates of ₹168 per sq ft. Other top-tier projects include Samartha Sampada, Romell Amore, K Hemani Bay View, and Raiaskaran Parthenon, all of which command approximately ₹165 to ₹166 per sq ft, reflecting their prime location and high-end amenities.
Rental rates for commercial and residential properties in Andheri West show distinct trends as of June 2026. Showrooms command the highest rental rate at ₹400 per sq ft, having appreciated by 9.56%. Office spaces are currently renting at ₹200 per sq ft, an appreciation of 4.12%, while residential apartments average ₹150 per sq ft, marking a 5.69% increase compared to the previous period.
Bini Builders leads the local market in terms of transaction volume with 4 recorded transactions. Other active developers in Andheri West include Platinum Corp and Samartha Development Corporation, each with 2 transactions, followed by several developers including Oberoi Realty, Monarch Construction, and Star Construction, all contributing to the active residential market as of June 2026.
The 3.55% appreciation in the average asking price to ₹41,400 per sq ft as of June 2026 suggests a healthy, growing market. Buyers should view this as a signal of sustained demand, though it is important to compare this against specific project statuses, such as the 8.78% appreciation seen in Under Construction properties, to understand where the most significant value movement is occurring.
Andheri West presents opportunities for both profiles, depending on the investment horizon. Investors may find the 3.77% rental yield attractive for steady income, while end-users benefit from a diverse range of property statuses, from Ready To Move units at ₹32,600 per sq ft to premium, high-value projects like Kalpataru Yashodhan, which is currently listed at ₹77,250 per sq ft as of June 2026.
