Property rates in Andheri West average ₹40,000 per sq ft, reflecting a stable market trend over the recent quarters. The area features a diverse range of residential and commercial options, with notable rental yields of 3.69%. Investors frequently target established projects like K Raheja Raheja Classique, while ready-to-move apartment inventory provides reliable entry points for buyers looking to settle in this prime Mumbai location.
Insights for Andheri West, Mumbai Real Estate Market Overview
The Andheri West real estate market maintains a steady trajectory, with current average asking prices holding at ₹40,000 per sq ft. Recent registration data highlights significant activity, with 1,445 transactions recorded that generated a gross value of ₹3,664 Cr between July 2025 and June 2026. The rental market remains active as well, supported by a yield of 3.69% and a wide range of unit configurations from studios to spacious 5 BHK apartments. Development remains robust, with a healthy mix of ready-to-move projects and new launches catering to varied buyer timelines. Developers like Platinum Corp and K Raheja Corp continue to shape the local landscape through high-volume transactions and premium project deliveries.
Ready-to-move residential projects currently command an average rate of ₹31,700 per sq ft, offering immediate value to home seekers.
Commercial office spaces are priced at ₹47,200 per sq ft, showing a positive growth trend of 5.08% over the past year.
Rental rates for shops have seen a significant increase of 18.24%, reaching an average of ₹350 per sq ft.
The luxury segment is highlighted by top projects like K Raheja Raheja Classique, which is currently priced at ₹47,450 per sq ft.
Jogeshwari West has emerged as a high-growth pocket, recording a 9.58% increase in property rates to reach ₹31,250 per sq ft.
Market Strengths
High transaction volume with 1,445 registrations indicates a liquid and active market.
Diverse property mix catering to both residential and commercial investor needs.
Strong rental demand for shops, which grew by 18.24% in rental value.
Established developer presence ensures project quality and buyer confidence.
Steady growth in office space values, which rose by 5.08% annually.
Wide range of apartment inventory from ready-to-move to new launches.
Market Challenges
Rental rates for showroom spaces have seen a decline of -9.41%, indicating a soft market for this specific segment.
Rental rates for apartments have experienced a slight dip of -0.81%, reflecting competitive supply.
Certain residential areas like Amboli have faced a price correction of -8.12%.
Versova rental and sale rates have shown a moderate decline, requiring careful valuation for new entrants.
Investment Opportunities
Commercial shop space offers a high-value investment with significant rental demand in the region.
Rental yield of 3.69% provides a stable secondary income stream for apartment owners.
Jogeshwari West shows strong growth potential, with rates increasing by 9.58% over the past year.
Studio and 1 BHK apartments offer accessible entry points for investors targeting the rental market.
Under-construction projects at ₹34,850 per sq ft allow for capital appreciation as development progresses.
Top Localities in Andheri West, Mumbai
Veera Desai Road
Avg Price₹ 33,750 /sqft
Avg Rent₹ 114 /sq
ft
YIELD
+ 4.05
LISTINGS
6
Price Trend
Andheri West, Mumbai Property Price Trends and Appreciation
Property rates in Andheri West have shown a measured shift, moving from ₹36,900 per sq ft in June 2025 to a current level of ₹40,000 per sq ft. This trend reflects steady demand despite periodic fluctuations throughout the year. The market trajectory indicates a resilient pricing environment for both buyers and investors.
Andheri West encompasses various distinct pockets, each with unique pricing characteristics. Juhu remains a premium destination, commanding an average of ₹61,100 per sq ft, while Gulmohar Road follows closely at ₹57,900 per sq ft. Conversely, locations like Jogeshwari West and Goregaon West offer more accessible entry points at ₹31,250 per sq ft and ₹32,500 per sq ft, respectively. This geographic spread allows for a wide range of investment strategies across the micromarket.
Andheri West provides a comprehensive real estate portfolio across multiple property categories. Commercial shops lead the market in pricing at ₹78,650 per sq ft, while villas are valued at ₹51,850 per sq ft. Residential apartments, which form the bulk of the market, are priced at an average of ₹40,000 per sq ft, reflecting stable demand for housing.
The market offers a balanced supply of residential projects tailored to different possession timelines. Ready-to-move inventory is priced at ₹31,700 per sq ft, providing a stable option for those seeking immediate occupancy. Meanwhile, under-construction projects are available at ₹34,850 per sq ft, and new launches are currently valued at ₹33,000 per sq ft, offering long-term growth potential for investors.
Project & Developer Insights
Top Residential Projects and Developers in Andheri West
Top Projectsin Andheri West
Adani Linkbay Residences is the top project in Andheri West with prices from ₹ 4.09 Cr to 9.38 Cr.
Adani Linkbay Residences
₹ 4.09 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
₹ 2 Cr - ₹ 7.85 Cr
Mumbai Western Suburbs, Mumbai
JP Eminence
₹ 1.6 Cr - ₹ 2.47 Cr
Mumbai Western Suburbs, Mumbai
Mahindra Vista
₹ 1.40 Cr - ₹ 5.26 Cr
Mumbai Western Suburbs, Mumbai
Purva Estrella
₹ 2.75 Cr - ₹ 7.75 Cr
Mumbai Western Suburbs, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Developersin Mumbai
Lodha leads in Mumbai with 110 projects and 39 years of experience.
Lodha
₹ 67.27 L - ₹ 98.63 Cr
110 Projects
39 Years
Kalpataru
₹ 97.29 L - ₹ 71.98 Cr
82 Projects
50 Years
Hiranandani
₹ 1.02 Cr - ₹ 10.36 Cr
77 Projects
34 Years
Runwal
₹ 86 L - ₹ 60 Cr
68 Projects
41 Years
Rustomjee
₹ 25.75 L - ₹ 62.31 Cr
68 Projects
23 Years
The Wadhwa Group
₹ 1.01 Cr - ₹ 39.64 Cr
60 Projects
50 Years
Mayfair Housing
₹ 1.17 Cr - ₹ 15 Cr
50 Projects
52 Years
Godrej
₹ 1.15 Cr - ₹ 87.92 Cr
43 Projects
29 Years
Chandak
₹ 85 L - ₹ 11.11 Cr
40 Projects
20 Years
Ajmera
₹ 75.99 L - ₹ 16 Cr
39 Projects
50 Years
View More
Top Projects by Listing Rates, Transaction Count and Transaction Value
Premium residential projects in Andheri West set high-value benchmarks for the locality. Kalpataru Yashodhan leads the segment with an asking rate of ₹74,150 per sq ft, followed by Mayfair Palms at ₹56,350 per sq ft. Other notable developments like Samartha Sampada and Rustomjee Elements are priced at ₹55,700 per sq ft and ₹55,600 per sq ft, respectively, catering to the luxury housing segment.
High-value transactions are concentrated in luxury developments that anchor the market. K Raheja Raheja Classique generated the highest transaction value, contributing significantly to the local turnover. Projects like Transcon Triumph and The Wadhwa The Nest also recorded substantial gross values, highlighting the preference for premium living spaces in Andheri West.
Buyer preference is clearly visible in the transaction volumes of established developments. K Raheja Raheja Classique leads with 6 registrations, while Platinum Life recorded 5 transactions. Other projects, including Oberoi Springs and Transcon Triumph, also saw consistent buyer activity, underscoring the strong demand for well-located and reputable housing complexes.
Premium projects such as Lokhandwala Premium Towers and Samartha Sampada command rental rates of ₹168 per sq ft and ₹166 per sq ft, respectively. Other high-demand developments including Raiaskaran Parthenon and Romell Amore are consistently priced around ₹165 per sq ft.
The development landscape is dominated by builders who have successfully converted demand into sales. Platinum Corp leads the market with 10 transactions, followed by K Raheja Corp and Sagar Builders with 6 registrations each. This concentration of volume among top-tier developers indicates a market that favors established brand reliability.
Government Registrations
Government Registration in Andheri West, Mumbai
Between July 2025 and June 2026, Andheri West recorded 1,445 property registrations with a total gross value of ₹3,664 Cr. Transaction activity was driven by prominent developers such as Platinum Corp and K Raheja Corp, who captured significant buyer interest. Projects like K Raheja Raheja Classique and Platinum Life were among the most active, reflecting strong market momentum and buyer trust.
Sales Transactions1,445
Gross Sales Value₹ 3,664 Cr
Registered Rate₹ 26,600/sq.ft
Rental Trends
Rental Trends and Average Rent in Andheri West, Mumbai
Rental rates vary based on unit size, with studios averaging ₹41,200 per month and 1 BHK units at ₹51,800 per month. Larger configurations command higher premiums, with 3 BHK apartments reaching ₹1.56 Lakh per month and 5 BHK units averaging ₹4.04 Lakh per month. Rental rates exhibit significant variation across pockets; Suresh Nagar has seen a substantial 42.52% increase, while areas like Four Bunglows and Shashtri Nagar have experienced corrections of -7.04% and -9.33% respectively. Commercial rental demand is led by shops and showrooms, both averaging ₹350 per sq ft, with shops showing a strong 18.24% growth. Office spaces maintain a steady rate of ₹200 per sq ft, while residential apartments average ₹100 per sq ft. Premium projects such as Lokhandwala Premium Towers and Samartha Sampada command rental rates of ₹168 per sq ft and ₹166 per sq ft, respectively. Other high-demand developments including Raiaskaran Parthenon and Romell Amore are consistently priced around ₹165 per sq ft.
Rental rates vary based on unit size, with studios averaging ₹41,200 per month and 1 BHK units at ₹51,800 per month. Larger configurations command higher premiums, with 3 BHK apartments reaching ₹1.56 Lakh per month and 5 BHK units averaging ₹4.04 Lakh per month.
Rental rates exhibit significant variation across pockets; Suresh Nagar has seen a substantial 42.52% increase, while areas like Four Bunglows and Shashtri Nagar have experienced corrections of -7.04% and -9.33% respectively.
Commercial rental demand is led by shops and showrooms, both averaging ₹350 per sq ft, with shops showing a strong 18.24% growth. Office spaces maintain a steady rate of ₹200 per sq ft, while residential apartments average ₹100 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 March 2026?
The average asking price in Andheri West is ₹40,000 per sq ft as of March 2026. This figure represents a slight depreciation of 0.71% compared to previous periods, reflecting a stable market environment with minor price adjustments. For context, the Government Registration Rate in the area is ₹26,600 per sq ft, based on transactions recorded between July 2025 and June 2026.
How have property prices in Andheri West trended recently?
Property prices in Andheri West have shown a mixed trajectory over the last few quarters, moving from ₹36,900 per sq ft in June 2025 to ₹40,000 per sq ft as of March 2026. While there was a peak of ₹40,300 per sq ft in December 2025, the current rate indicates a period of consolidation. This trend suggests that while demand remains resilient, the market is currently balancing between buyer expectations and developer pricing strategies.
How do property rates compare across different neighbourhoods in Andheri West?
Property rates vary significantly across neighbourhoods in Andheri West, with Juhu commanding the highest average at ₹61,100 per sq ft, despite a 1.3% depreciation from previous levels. Conversely, areas like Jogeshwari West offer more accessible entry points at ₹31,250 per sq ft, which has seen a notable appreciation of 9.58%. Other areas like Oshiwara have also experienced strong growth, with rates reaching ₹36,000 per sq ft, marking an 18.4% appreciation.
What is the price difference between ready-to-move and under-construction properties in Andheri West?
As of March 2026, ready-to-move properties in Andheri West are priced at an average of ₹31,700 per sq ft, having appreciated by 0.57% over the observed period. In comparison, under-construction projects are priced at ₹34,850 per sq ft, reflecting a 0.7% appreciation. The higher price point for under-construction units often signals buyer confidence in newer, modern amenities and future infrastructure developments in the locality.
How does the rental market perform in Andheri West in terms of yield and rates?
The average rental rate in Andheri West is ₹123 per sq ft as of March 2026, with a rental yield of 3.69%. This yield is a key metric for investors, indicating the annual rental income relative to the property's capital value. While the average rental rate saw a marginal depreciation of 0.81%, the consistent yield suggests that Andheri West remains a viable option for those looking for steady income generation alongside potential long-term capital appreciation.
What are the typical rental rates for different apartment configurations in Andheri West?
Rental rates in Andheri West scale according to the size of the unit, catering to a diverse tenant profile. As of March 2026, a studio apartment rents for an average of ₹41,200 per month, while a 1 BHK unit averages ₹51,800 per month. Larger configurations command higher premiums, with 2 BHK units at ₹81,450 per month, 3 BHK units at ₹1.56 Lakh per month, 4 BHK units at ₹2.65 Lakh per month, and 5 BHK units reaching ₹4.04 Lakh per month.
Which projects in Andheri West currently command the highest rental rates?
Premium projects in Andheri West, such as Lokhandwala Premium Towers, Samartha Sampada, and Raiaskaran Parthenon, lead the market with rental rates of ₹168, ₹166, and ₹165 per sq ft respectively as of March 2026. These projects consistently attract high-end tenants due to their superior location and lifestyle amenities. Most of these top-tier projects have maintained stable rental rates, reflecting strong demand for premium residential spaces in the area.
Which developers have the highest transaction activity in Andheri West?
Platinum Corp leads the market in Andheri West with 10 recorded transactions, followed by K Raheja Corp and Sagar Builders, each with 6 transactions as of March 2026. This high transaction volume indicates strong buyer trust and a preference for established developers who have a proven track record of project delivery in the locality. Other active developers include Shiv Shakti Group and Oberoi Realty, contributing to the overall market liquidity.
What do the price trends for different property types reveal about the Andheri West market?
The property market in Andheri West shows distinct pricing for different asset classes as of March 2026. Shops are priced at ₹78,650 per sq ft, though they have seen an 8.95% depreciation. Office spaces are priced at ₹47,200 per sq ft, reflecting a 5.08% appreciation, while villas command ₹51,850 per sq ft with a significant 16.58% appreciation. Apartments, the most common residential type, are priced at ₹40,000 per sq ft with a minor 0.71% depreciation.
How should investors interpret the data provided on this page for decision-making?
Investors should use this data to compare capital appreciation trends against rental yields to assess the total return on investment. For instance, while some neighbourhoods like Oshiwara have seen double-digit price appreciation, others offer more stability. By analyzing the transaction volume of top projects and developers, investors can identify high-demand areas that typically offer better liquidity, ensuring that their capital is deployed in projects with proven market acceptance as of March 2026.
