Property rates in Andheri West average ₹40,000 per sq ft, reflecting a steady upward trend over the past year. This premium residential hub draws significant interest, supported by a diverse inventory ranging from high-end apartments to luxury villas. With a rental yield of 3.69%, the locality presents a balanced profile for both homeowners and investors, while consistent demand for ready-to-move projects continues to anchor the area's robust real estate valuation.
Insights for Andheri West, Mumbai Real Estate Market Overview
Andheri West maintains a strong position in Mumbai's real estate landscape, characterized by high-value transactions and a steady appreciation in capital values. The market displays a healthy mix of residential supply, with ready-to-move projects dominating the inventory and under-construction units offering future growth potential. Rental activity remains active across various configurations, from compact studios to sprawling 5 BHK apartments, supported by a steady rental yield. Government registration data confirms substantial transaction volume, highlighting sustained buyer confidence in this prime western suburb.
Average property rates have climbed to ₹40,000 per sq ft, with apartments showing a positive year-on-year growth of 3.42%.
Rental rates for apartments and villas currently average ₹150 per sq ft, while office spaces command a higher premium of ₹200 per sq ft.
The market features a substantial inventory of 1,287 ready-to-move units, catering to immediate housing demand.
Top-tier residential projects like Kalpataru Yashodhan and Neminath Silver Oak set the luxury benchmark with rates exceeding ₹58,000 per sq ft.
Bini Builders leads the developer landscape in terms of transaction frequency, supported by a diverse range of projects.
Market Strengths
High demand for luxury living is reflected in top-tier project rates exceeding ₹58,000 per sq ft.
The robust inventory of 1,287 ready-to-move units ensures high liquidity for buyers.
A 16.58% growth in villa prices demonstrates strong interest in the premium residential segment.
Consistent registration activity with over 1,000 transactions confirms the market's high turnover.
Diverse rental options ranging from ₹54,250 for 1 BHK to ₹3.52 Lakh for 5 BHK units cater to all tenant profiles.
The 9.58% price growth in Jogeshwari West highlights its emerging popularity.
Market Challenges
Rental rates for shops have declined by 4%, suggesting a shift in commercial leasing demand.
The 8.12% drop in rates within Amboli may signal a temporary correction in that specific area.
Rental rates in Manish Nagar have seen a decline of -20.17%, reflecting localized pressure.
Four Bunglows experienced an -18.18% change in rental rates, indicating a volatile rental environment.
Versova rental rates saw a minor dip of -0.81%.
Investment Opportunities
The 3.69% rental yield provides a steady income stream for residential property investors.
Studio apartments offer an accessible entry point with average monthly rents of ₹43,100.
The 18.4% price growth in Oshiwara indicates high potential for capital appreciation in that specific micromarket.
Shops show strong commercial potential with a 12.23% year-on-year price increase.
Under-construction projects priced at ₹34,800 per sq ft offer a lower entry cost compared to ready-to-move stock.
Top Localities in Andheri West, Mumbai
Veera Desai Road
Avg Price₹ 33,750 /Sq.Ft.
Avg Rent₹ 114 /Sq.Ft.
YIELD
+ 4.05
LISTINGS
3
Price Trend
Andheri West, Mumbai Property Price Trends and Appreciation
Property rates in Andheri West have shown a consistent upward movement, increasing from ₹38,350 per sq ft in September 2025 to ₹41,350 per sq ft by June 2026. This quarterly growth reflects the sustained desirability of the location. The trend demonstrates strong investor confidence and rising demand for residential space in this prime suburb.
The real estate landscape across Andheri West varies significantly, with Gulmohar Road commanding the highest average rate at ₹57,900 per sq ft. Versova follows as a premium choice at ₹45,350 per sq ft, while Lokhandwala Complex and Amboli offer more accessible entry points at approximately ₹35,200 per sq ft. Meanwhile, Jogeshwari West has seen a notable 9.58% growth, standing at ₹31,250 per sq ft, and Oshiwara has experienced a significant 18.4% increase to reach ₹36,000 per sq ft.
Andheri West offers a diverse range of property types to suit various investment needs. Shop spaces lead the premium segment at ₹88,250 per sq ft with a 12.23% growth, while villas are priced at ₹51,850 per sq ft, showing a robust 16.58% increase. Residential apartments remain the core of the market at ₹41,350 per sq ft, and office spaces are available at ₹47,450 per sq ft, reflecting stable demand across both commercial and residential sectors.
The market provides varied options for buyers based on their possession timelines. Ready-to-move projects, which account for 1,287 units, are priced at an average of ₹31,750 per sq ft, offering immediate value. For those looking for newer inventory, 70 under-construction projects are available at ₹34,800 per sq ft, while 52 new launches are priced at ₹33,300 per sq ft.
Project & Developer Insights
Top Residential Projects and Developers in Andheri West
Top Projectsin Andheri West
Kalpataru Vian is the top project in Andheri West with prices from ₹ 4.88 Cr to 9.30 Cr.
Kalpataru Vian
₹ 4.88 Cr - ₹ 9.30 Cr
Mumbai Western Suburbs, Mumbai
Adani Linkbay Residences
₹ 9.37 Cr - ₹ 9.37 Cr
Mumbai Western Suburbs, Mumbai
Kolte Patil Serenova
₹ 2.60 Cr - ₹ 4.97 Cr
Mumbai Western Suburbs, Mumbai
DLF The Westpark
₹ 6.2 Cr - ₹ 12.33 Cr
Mumbai Western Suburbs, Mumbai
Mayfair Breeze
₹ 2.28 Cr - ₹ 3.54 Cr
Mumbai Western Suburbs, Mumbai
Hiranandani Vista Residences
₹ 2.89 Cr - ₹ 4.8 Cr
Mumbai Western Suburbs, Mumbai
Runwal Codename Rare
₹ 4.56 Cr - ₹ 5.85 Cr
Mumbai Western Suburbs, Mumbai
Chandak Unicorn
₹ 7.85 Cr - ₹ 7.85 Cr
Mumbai Western Suburbs, Mumbai
JP Eminence
₹ 1.6 Cr - ₹ 2.47 Cr
Mumbai Western Suburbs, Mumbai
LnT Ahana
₹ 2.58 Cr - ₹ 6.42 Cr
Mumbai Western Suburbs, Mumbai
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New Launch
Under Construction
Ready to Move
Top Developersin Mumbai
Lodha leads in Mumbai with 110 projects and 39 years of experience.
Premium residential developments in Andheri West command high valuations, with Kalpataru Yashodhan leading at ₹73,700 per sq ft after a 13.92% increase. Neminath Silver Oak and Mayfair Palms follow closely, priced at ₹58,150 per sq ft and ₹58,050 per sq ft respectively. These projects, along with others like Rustomjee Elements, underscore the area's status as a luxury destination for discerning buyers.
Top projects like Lokhandwala Premium Towers and Samartha Sampada command premium rental rates of ₹168 and ₹166 per sq ft respectively. Other notable projects including Raiaskaran Parthenon and Romell Amore maintain strong rental values at ₹165 per sq ft, reflecting their high-end amenities and prime location.
The Andheri West development landscape is driven by experienced builders who maintain a strong market presence. Bini Builders leads the segment with 4 transactions, followed by Platinum Corp and Samartha Development Corporation with 2 transactions each. These developers, alongside others like Oberoi Realty, define the current supply and maintain high standards across their residential offerings.
Government Registrations
Government Registration in Andheri West, Mumbai
Official registration data for the period between September 2025 and August 2026 shows 1,020 transactions totaling a gross value of ₹2,629 Cr. With registered rates averaging ₹26,600 per sq ft, the market demonstrates high liquidity and consistent turnover. Bini Builders has emerged as a top developer in terms of transaction volume, further signaling active market participation.
Sales Transactions1,020
Gross Sales Value₹ 2,629 Cr
Registered Rate₹ 26,600/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Andheri West, Mumbai
Rental options in Andheri West are diverse, with monthly averages ranging from ₹43,100 for studio apartments to ₹3.52 Lakh for 5 BHK units. A 1 BHK apartment typically rents for ₹54,250, while 2 BHK and 3 BHK units command ₹83,500 and ₹1.58 Lakh per month, respectively. Rental rates are highest in Mudran Press Colony, Bhudargarh Colony, and Shashtri Nagar at ₹150 per sq ft, with Lokhandwala Complex also matching this rate after a 5.79% increase. Conversely, locations like SV Patel Nagar, Manish Nagar, and Versova hover around ₹100 per sq ft, providing more budget-friendly rental options. Commercial spaces such as showrooms and shops command the highest rental rates at ₹350 per sq ft. Office spaces follow at ₹200 per sq ft, showing a positive growth of 4.64%, while residential apartments and villas remain steady at ₹150 per sq ft. Top projects like Lokhandwala Premium Towers and Samartha Sampada command premium rental rates of ₹168 and ₹166 per sq ft respectively. Other notable projects including Raiaskaran Parthenon and Romell Amore maintain strong rental values at ₹165 per sq ft, reflecting their high-end amenities and prime location.
Rental options in Andheri West are diverse, with monthly averages ranging from ₹43,100 for studio apartments to ₹3.52 Lakh for 5 BHK units. A 1 BHK apartment typically rents for ₹54,250, while 2 BHK and 3 BHK units command ₹83,500 and ₹1.58 Lakh per month, respectively.
Rental rates are highest in Mudran Press Colony, Bhudargarh Colony, and Shashtri Nagar at ₹150 per sq ft, with Lokhandwala Complex also matching this rate after a 5.79% increase. Conversely, locations like SV Patel Nagar, Manish Nagar, and Versova hover around ₹100 per sq ft, providing more budget-friendly rental options.
Commercial spaces such as showrooms and shops command the highest rental rates at ₹350 per sq ft. Office spaces follow at ₹200 per sq ft, showing a positive growth of 4.64%, while residential apartments and villas remain steady at ₹150 per sq ft.
Frequently Asked Questions About Property Rates in Andheri West, Mumbai
What is the current average asking price in Andheri West?
As of June 2026, the average asking price in Andheri West stands at ₹40,000 per sq ft. This figure reflects a minor depreciation of 0.71% compared to the previous period, suggesting a period of market stabilization following recent activity. For context, the Government Registration Rate in the area is recorded at ₹26,600 per sq ft for the period between September 2025 and August 2026, which is significantly lower than the current market asking price.
How have property rates in Andheri West trended recently?
Property rates in Andheri West have shown a fluctuating trajectory over the last few quarters. As of June 2026, the location rate reached ₹41,350 per sq ft, up 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 upward movement in the most recent quarter indicates resilient demand in the locality.
How do property rates vary across different neighbourhoods in Andheri West?
Property rates in Andheri West vary significantly by neighbourhood, with Juhu commanding the highest average asking price at ₹61,100 per sq ft, despite a 1.3% depreciation from the previous period. Other premium areas include Gulmohar Road at ₹57,900 per sq ft (which appreciated by 0.27%) and Versova at ₹45,350 per sq ft (which depreciated by 1.51%). Conversely, more accessible options include Jogeshwari West at ₹31,250 per sq ft, which has seen a notable appreciation of 9.58%, and Goregaon West at ₹32,500 per sq ft, which experienced a 3.38% depreciation.
What are the current average asking prices for different property types in Andheri West?
As of June 2026, property prices in Andheri West are led by shops at ₹88,250 per sq ft, which have appreciated by 12.23%. Villas follow at ₹51,850 per sq ft, showing a significant appreciation of 16.58%. Office spaces are priced at ₹47,450 per sq ft with a marginal appreciation of 0.48%, while apartments, the most common residential type, are priced at ₹41,350 per sq ft, reflecting a 3.42% appreciation.
How does the construction status of a project affect property rates in Andheri West?
Property rates in Andheri West are influenced by project status, with 'Partially Ready To Move' units currently priced at ₹43,200 per sq ft, despite a 3.11% depreciation. 'Mid Stage' projects are priced at ₹45,350 per sq ft, showing a strong appreciation of 24.92%. 'Ready To Move' properties, which account for the largest volume of 1,287 units, are priced at ₹31,750 per sq ft, having appreciated by 0.69% as of June 2026.
What is the average rental rate and rental yield in Andheri West?
As of June 2026, the average rental rate in Andheri West is ₹123 per sq ft, which has seen a slight depreciation of 0.81%. The locality currently offers a rental yield of 3.69%, providing a stable income metric for investors evaluating the potential returns on their capital outlay relative to the current sale asking prices.
What is the BHK-wise rental pattern in Andheri West?
Rental rates in Andheri West scale significantly with unit size, reflecting diverse tenant requirements. As of June 2026, a Studio apartment rents for an average of ₹43,100 per month, while a 1 BHK costs ₹54,250 per month. Larger configurations command higher premiums, with 2 BHK units at ₹83,500 per month, 3 BHK units at ₹1.58 Lakh per month, 4 BHK units at ₹2.82 Lakh per month, and 5 BHK units reaching ₹3.52 Lakh per month.
Which are the top projects by rental rates in Andheri West?
As of June 2026, premium rental projects in Andheri West include Lokhandwala Premium Towers at ₹168 per sq ft, Samartha Sampada at ₹166 per sq ft, and Raiaskaran Parthenon at ₹165 per sq ft. Other notable projects like Romell Amore and K Hemani Bay View also command ₹165 per sq ft. These projects maintain their premium status due to their location and amenities, with most showing stable rental rates compared to the previous period, except for Versova Heaven CHS, which appreciated by 2.53% to reach ₹162 per sq ft.
How do rental rates compare across different micromarkets in Andheri West?
Rental rates in Andheri West show distinct variations across neighbourhoods. Areas such as Mudran Press Colony, Bhudargarh Colony, Shashtri Nagar, Seven Bunglow, and Lokhandwala Complex all command premium rental rates of ₹150 per sq ft. Notably, Seven Bunglow saw a 6.67% appreciation, while Lokhandwala Complex appreciated by 5.79%. In contrast, areas like Sv Patel Nagar, Manish Nagar, Jeevan Nagar, and Four Bunglows are more affordable at ₹100 per sq ft, though Manish Nagar experienced a 20.17% depreciation and Four Bunglows saw an 18.18% depreciation.
Which developers have the highest transaction activity in Andheri West?
Bini Builders leads the transaction activity in Andheri West with 4 recorded transactions. Other active developers include Platinum Corp and Samartha Development Corporation, each with 2 transactions. Developers such as Vijay Developers, Monarch Construction, Milind Developers, Star Construction, and Oberoi Realty have also recorded 1 transaction each, highlighting a diverse developer presence in the locality as of June 2026.