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Property Rates in Andheri West, Mumbai

Comprehensive Market Snapshot

Andheri West's real estate market presents a dynamic landscape with an average asking price of ₹39,995 per sq ft and a registration rate of ₹26,616 per sq ft. The market shows a positive trend in price, with the price for Andheri West projected to reach ₹39,995 per sq ft by Mar 2026, up from ₹36,900 per sq ft in Jun 2025. The rental market offers an average rental yield of 3.69% with an average rental rate of ₹123 per sq ft. Monthly rents for apartments range from ₹41,210 for a Studio to ₹4.04 Lakh for a 5 BHK, indicating diverse rental opportunities.

  • Apartments are priced at ₹39,995 per sq ft, showing a slight decrease of -0.71%.
  • Office spaces command an average price of ₹47,222 per sq ft, with a notable increase of 5.08%.
  • The average rental rate for apartments is ₹123 per sq ft, with a slight decrease of -0.81%.
  • A 3 BHK apartment averages ₹1.56 Lakh per month in rent.
  • The highest rental rate among listed locations is ₹181 per sq ft in Suresh Nagar, representing a significant 42.52% increase.

  • Asking Sale Price₹ 39,995 /sq.ft
  • Govt. Registration Prices₹ 26,616 /sq.ft
  • Average Rental₹ 123 /sq.ft
  • Rental Yield3.69 %
  • Insights
  • Price Trends
  • Project and Developer Insights
  • Government Registrations
  • Rental Trends
  • Other Property Rates

Insights for Andheri West, Mumbai Real Estate Market

Andheri West's real estate market is showing a steady upward trajectory, with projected asking prices reaching ₹39,995 per sq ft by March 2026, a notable increase from ₹36,900 per sq ft in June 2025. This growth is underpinned by consistent transaction activity, with 2388 registrations recorded between May 2025 and April 2026, totaling ₹5,817 Cr. The average registration rate stands at ₹26,600 per sq ft, reflecting a healthy market. In the rental segment, Andheri West offers a rental yield of 3.69%, with average monthly rents for apartments varying from ₹41,210 for a Studio to ₹4.04 Lakh for a 5 BHK. Property types like shops and showrooms show higher per-square-foot rental rates at ₹350 and ₹366 respectively, while apartments average ₹123 per sq ft. Prominent developers such as Chandiwala Enterprises and Platinum Corp are active, driving transactions and shaping the market.

  • The average asking price is ₹39,995 per sq ft, with projections indicating a rise to ₹39,995 per sq ft by Mar 2026.
  • A significant 2388 property registrations occurred between May 2025 and April 2026, with a gross transaction value of ₹5,817 Cr.
  • The rental market offers a healthy yield of 3.69%, with Studio apartments averaging ₹41,210 per month.
  • Office spaces are performing strongly, with an average price of ₹47,222 per sq ft and a 5.08% increase.
  • Suresh Nagar leads in rental rate growth with a 42.52% increase, reaching ₹181 per sq ft.

Market Strengths Market Strengths
  • The overall asking price of ₹39,995 per sq ft, coupled with projected growth to ₹39,995 per sq ft by Mar 2026, signals a robust market.
  • Office spaces are performing strongly with a 5.08% increase to ₹47,222 per sq ft, indicating high demand for commercial properties.
  • Villas have experienced a significant price appreciation of 16.58%, reaching ₹51,864 per sq ft, highlighting their growing appeal.
  • The rental market's 3.69% yield and diverse BHK rental options from ₹41,210 (Studio) to ₹4.04 Lakh (5 BHK) per month offer stable income potential.
  • Suresh Nagar's rental market shows remarkable growth with a 42.52% increase to ₹181 per sq ft, presenting a high-return investment opportunity.
  • Jogeshwari West has seen a strong 10.97% price increase, indicating rising property values in this developing area.
  • The government registration data shows significant activity with 2388 transactions and ₹5,817 Cr in gross value, reflecting strong buyer confidence.
Market Challenges Market Challenges
  • Apartment prices have seen a slight decrease of -0.71% to ₹39,995 per sq ft, which may present a short-term challenge for sellers.
  • Shops have experienced a notable price decrease of -8.95% to ₹78,643 per sq ft, indicating a cooling demand in this commercial segment.
  • Lokhandwala Complex shows a -1.85% change in average rate, suggesting potential stagnation in this specific micro-market.
  • Amboli has a negative change percentage of -7.89% in its average rate, indicating a downward pressure on prices in this locality.
Investment Opportunities Investment Opportunities
  • The rental market offers a 3.69% yield, with apartments averaging ₹123 per sq ft in rent, presenting income generation potential for investors.
  • Office spaces show a positive price trend with a 5.08% increase to ₹47,222 per sq ft, indicating potential for capital appreciation.
  • Villas have seen a significant price increase of 16.58% to ₹51,864 per sq ft, suggesting strong demand and growth potential in this segment.
  • The micromarket of Suresh Nagar shows exceptional rental growth at 42.52%, reaching ₹181 per sq ft, offering a high-return opportunity.
  • With an average rental rate of ₹1.56 Lakh per month, 3 BHK apartments provide substantial rental income opportunities.
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Property Price Trends in Andheri West, Mumbai

Asking Price Trends

The property market in Andheri West is demonstrating a positive price trend, with average asking prices expected to reach ₹39,995 per sq ft by March 2026. This reflects a steady increase from ₹36,900 per sq ft recorded in June 2025. The micromarket rates also show fluctuations, indicating varied performance across different micro-pockets within Andheri West.

Quarter City Rate
Mar 2026 39995
Dec 2025 40279
Sep 2025 38359
Jun 2025 36900
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Price Trends by Property Type

Andheri West's real estate market caters to diverse buyer preferences across property categories. Apartments are priced at ₹39,995 per sq ft, showing a slight decrease of -0.71%. Commercial spaces, particularly shops, lead the premium segment for rentals at ₹350 per sq ft with a notable 18.24% increase. Villas show a significant price jump of 16.58% to ₹51,864 per sq ft, while office spaces are priced at ₹47,222 per sq ft, reflecting a 5.08% growth.

Type Rate (₹/sq.ft) Change %
Shop 78,643 -8.95
Office Space 47,222 5.08
Villa 51,864 16.58
Apartment 39,995 -0.71
Price Trends by Project Status

The Andheri West market offers properties across various development stages catering to different buyer timelines. Ready To Move inventory, comprising 962 units, averages ₹31,631 per sq ft with a -2.91% change, appealing to immediate occupancy seekers. Under Construction projects present 76 opportunities at ₹34,887 per sq ft showing a 0.33% trend, while New Launch projects are available at ₹33,288 per sq ft. This diverse supply mix enables buyers to balance possession timing with pricing preferences.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 1,398 31,726 -2.46
Under Construction 76 34,887 0.33
New Launch 25 33,288 -1.43
Price Trends by Localities

Andheri West features a diverse range of localities with varying property rates. Versova stands out with an average rate of ₹45,362 per sq ft, marking a significant 9.1% increase. In contrast, Yari Road offers more affordable options at ₹32,725 per sq ft. Gulmohar Road commands a premium at ₹57,881 per sq ft, while Juhu, at ₹61,083 per sq ft, represents the higher end of the residential spectrum. Oshiwara has seen a substantial 24.23% rise, indicating strong demand in this area.

Location Rate (₹/sq.ft) Change %
Lokhandwala Complex 35,222 -1.8
Versova 45,362 9.1
Veera Desai Road 33,762 -
Ambivali 40,060 -
Yari Road 32,725 -
Jogeshwari West 31,253 11
Oshiwara 36,002 24.2
Gulmohar Road 57,881 1.6
Amboli 35,245 -7.9
Juhu 61,083 3.6

Project and Developer Insights

Top Projects by Listing Rates, Transaction Count and Transaction Value

Premium residential developments in Andheri West are commanding significant asking prices, reflecting their luxury positioning and prime locations. Kalpataru Yashodhan leads the segment in asking rates at ₹64,698 per sq ft, showing a 0.12% increase. Oberoi Sky Gardens follows with ₹57,370 per sq ft and a 1.99% rise. K Raheja Raheja Classique, a project with high transaction volume, is also listed with asking rates of ₹52,009 per sq ft.

  • Listing Rate
  • By Value
  • By Transaction
Project Name Rate (₹/sq.ft) Change %
Kalpataru Yashodhan 64,698 0.1
Oberoi Sky Gardens 57,370 2
Sahyadri Chs Andheri West 54,166 -
Lokhandwala Green Acres 53,703 -1.7
Ganesh Chs Andheri West 53,619 43.1
Cheval Class Royal Wing 53,333 -
Gulmohar Chs Ltd 52,941 -
Krishna Apartments Andheri West 52,778 -
Adani Western Heights Sky Apartments 52,629 3.6
K Raheja Raheja Classique 52,009 8
Project Name Current Price (₹/sq.ft) Sale Value Change %
K Raheja Raheja Classique 56,551 ₹ 21 Cr -
Rustomjee Elita 50,083 ₹ 15.89 Cr -9.3
Oberoi Springs 45,604 ₹ 12.91 Cr 3.3
Windermere Chs 25,287 ₹ 9.15 Cr 16.4
Platinum Life 43,780 ₹ 8.06 Cr 15.1
Evershine Embassy 31,778 ₹ 7.16 Cr -15.2
Infinite Poorna Apartments 29,582 ₹ 7 Cr -
Mayfair Meridian 27,606 ₹ 6.81 Cr -0.5
Mayfair Gardens 41,097 ₹ 6.66 Cr -
Ajmera Beverly Hills And Royal Empire 48,076 ₹ 6.4 Cr -
Project Name Current Price (₹/sq.ft) Transactions Change %
K Raheja Raheja Classique 56,551 5 -
Rustomjee Elita 50,083 3 -9.3
Oberoi Springs 45,604 3 3.3
Platinum Life 43,780 3 15.1
Mayfair Gardens 41,097 3 -
Kaveri Tower Andheri West 37,000 3 14.4
Dlh Metroview 35,229 3 -
Evershine Embassy 31,778 3 -15.2
Shree Ashtavinayak Chs Andheri 29,081 3 -12.8
Mayfair Meridian 27,606 3 -0.5
Top Projects by Rental Rates

Premium rental projects in Andheri West are attracting attention with competitive rates. Lokhandwala Premium Towers and Sky Pan Apartment are both listed at ₹168 per sq ft. Samartha Sampada and Raiaskaran Parthenon follow closely at ₹166 and ₹165 per sq ft respectively. The Park Residency Andheri shows a slight decrease of -1.82%, currently at ₹162 per sq ft, indicating dynamic rental pricing.

Project Name Rate (₹/sq.ft) Change %
Lokhandwala Premium Towers 168 -
Sky Pan Apartment 168 -
Samartha Sampada 166 -
Raiaskaran Parthenon 165 -
The Park Residency Andheri 162 -1.82
Bharat Skyvistas 160 -
Adani Western Heights Sky Apartments 158 -2.47
Sunteck Gilbird 157 -
Adani Group Western Heights 155 3.33
Raheja Classique 155 -
Top Developers by Transaction Count

Premium residential developments in Andheri West are commanding significant asking prices, reflecting their luxury positioning and prime locations. Kalpataru Yashodhan leads the segment in asking rates at ₹64,698 per sq ft, showing a 0.12% increase. Oberoi Sky Gardens follows with ₹57,370 per sq ft and a 1.99% rise. K Raheja Raheja Classique, a project with high transaction volume, is also listed with asking rates of ₹52,009 per sq ft.

  • By Transaction
Developer Transactions
Chandiwala Enterprises 11
Platinum Corp 7
Dev Land Housing Ltd 6
K Raheja Realty 5
Shree Naman 4
Evershine Builders Pvt Ltd 4
Rustomjee 4
Oberoi Realty 4
Mayfair Housing 4

Government Registration in Andheri West, Mumbai

  • Sales Transactions2,388
  • Gross Sales Value₹ 5,817 Cr
  • Registered Rate₹ 26,600 /sq.ft

Official registration data reveals robust transaction activity in Andheri West during May 2025 to April 2026, with 2388 transactions recorded. The market's gross transaction value reached ₹5,817 Cr, with an average registered rate of ₹26,600 per sq ft. Top developers by transaction volume include Chandiwala Enterprises and Platinum Corp, indicating their significant market presence.

Property Rental Trends in Andheri West, Mumbai

Rental Trends by Unit Type

The rental market in Andheri West offers a wide spectrum of options across different BHK configurations. A Studio apartment averages ₹41,210 per month, while a 1 BHK is available for ₹51,816 per month. Larger residences command higher rents, with 2 BHKs averaging ₹81,450, 3 BHKs at ₹1.56 Lakh, 4 BHKs at ₹2.65 Lakh, and 5 BHKs reaching ₹4.04 Lakh per month, reflecting increasing demand for spacious living.

Unit Type Rate (₹)
Studio 41,210
1 Bhk 51,816
2 Bhk 81,450
3 Bhk 1,56,238
4 Bhk 2,64,763
5 Bhk 4,04,150
Rental Trends by Nearby Localities

Rental rates across Andheri West's localities show notable variations and recent changes. Suresh Nagar leads with a significant 42.52% increase, reaching ₹181 per sq ft. Bhudargarh Colony has seen a decrease of 7.36% to ₹151 per sq ft, while Shashtri Nagar experienced a 9.33% dip to ₹136 per sq ft. Sv Patel Nagar and Manish Nagar show modest growth at 2.61% and 2.59% respectively.

Locality Rate (₹/sq.ft) Change %
Mudran Press Colony 134 1.52
Suresh Nagar 181 42.52
Bhudargarh Colony 151 -7.36
Sv Patel Nagar 118 2.61
Manish Nagar 119 2.59
Shashtri Nagar 136 -9.33
Seven Bunglow 120 6.19
Jeevan Nagar 113 4.63
Industrial Area 114 1.79
Four Bunglows 132 -7.04
Rental Trends by Property Type

In Andheri West's rental market, commercial properties command higher per-square-foot rates than residential ones. Showrooms are priced at ₹366 per sq ft, despite a -9.41% change, followed by shops at ₹350 per sq ft with a strong 18.24% increase. Office spaces are available at ₹194 per sq ft with no change, while apartments average ₹123 per sq ft, showing a slight decrease of -0.81%.

Property Type Rate (₹/sq.ft) Change %
Showroom 366 -9.41
Shop 350 18.24
Office Space 194 -
Apartment 123 -0.81
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