Mumbai
Andheri West continues to be a focal point for real estate activity in Mumbai, characterized by a balanced mix of ready-to-move and under-construction projects. The market has seen significant transaction volume, with steady interest from both homebuyers and commercial tenants. Price trends indicate a mature market where established localities maintain premium valuations, while newer developments offer varied entry points. Rental demand remains robust, particularly for residential apartments and office spaces, supported by a healthy rental yield.
As of June 2026, the average asking price in Andheri West is ₹40,000 per sq ft. This figure reflects a depreciation of 0.71% compared to the previous period, indicating a slight market correction in residential apartment pricing.
The average asking price in Andheri West is currently ₹40,000 per sq ft, which sits notably higher than the Government Registration Rate of ₹26,600 per sq ft as of the period between August 2025 and July 2026. This gap between market-driven asking prices and government-benchmarked rates is a common feature in established real estate hubs, reflecting the premium commanded by amenities, location, and project quality.
As of June 2026, Juhu commands the highest average asking price in the area at ₹61,100 per sq ft, while Jogeshwari West offers a more accessible entry point at ₹31,250 per sq ft. Other notable areas include Gulmohar Road at ₹57,900 per sq ft and Versova at ₹45,350 per sq ft. Investors should note that Jogeshwari West has seen significant growth, with prices appreciating by 18.4% in Oshiwara and 9.58% in Jogeshwari West from the previous measurement period.
As of June 2026, shops in Andheri West are priced at an average of ₹78,650 per sq ft, which represents a depreciation of 8.95% from the prior period. In contrast, villas have seen significant appreciation of 16.58%, bringing their average price to ₹51,850 per sq ft. Office spaces are currently priced at ₹47,200 per sq ft, showing an appreciation of 5.08%, while residential apartments remain stable at ₹40,000 per sq ft, reflecting a minor depreciation of 0.71%.
The rental yield in Andheri West stands at 3.69% as of June 2026, with an average rental rate of ₹123 per sq ft. This yield represents the annual rental income relative to the property's capital value, providing investors with a baseline to evaluate the income-generating potential of their assets alongside potential capital appreciation.
Rental rates in Andheri West vary significantly by configuration as of June 2026. Studio apartments average ₹41,200 per month, while 1 BHK units average ₹51,800 per month. Larger family-sized units command higher premiums, with 2 BHKs averaging ₹81,450 per month, 3 BHKs at ₹1.56 Lakh per month, 4 BHKs at ₹2.65 Lakh per month, and 5 BHK units reaching ₹4.04 Lakh per month. These figures help tenants and landlords understand the market positioning for different residential requirements.
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 at ₹166 per sq ft, and Romell Amore, K Hemani Bay View, and Raiaskaran Parthenon, all averaging ₹165 per sq ft. These projects consistently command higher rents due to their specific location advantages and high-end infrastructure within the Andheri West micromarket.
The price trend in Andheri West has shown a slight fluctuation leading up to June 2026. After reaching ₹40,000 per sq ft in March 2026, the market experienced a minor adjustment from the ₹40,300 per sq ft recorded in December 2025. This trajectory suggests a period of price consolidation following the growth observed from September 2025, when the average rate was ₹38,350 per sq ft.
K Raheja Raheja Classique leads transaction activity in Andheri West with 6 transactions as of June 2026, maintaining an average rate of ₹47,450 per sq ft, which has appreciated by 3.14% compared to the previous period. Other high-activity projects include Platinum Life with 5 transactions at ₹40,650 per sq ft, and Oberoi Springs with 4 transactions at ₹46,050 per sq ft, which appreciated by 3.18%. These projects are frequently sought after by buyers, signaling strong demand for established residential complexes.
Platinum Corp is currently the most active developer in Andheri West, recording 10 transactions as of June 2026. They are followed by K Raheja Corp and Sagar Builders, each with 6 transactions, and Shiv Shakti Group with 5 transactions. This concentration of activity among established developers highlights the market's preference for trusted brands with a proven track record in the region.
As of June 2026, Ready To Move properties in Andheri West are priced at an average of ₹31,700 per sq ft, showing a modest appreciation of 0.57% from the prior period. Under Construction projects are currently priced at ₹34,850 per sq ft, reflecting an appreciation of 0.70%. The price difference between these statuses often accounts for the premium paid for immediate occupancy versus the potential for future value appreciation in newer developments.
Investors should note that rental rates vary by neighbourhood, with Suresh Nagar commanding a high of ₹200 per sq ft as of June 2026, having seen a significant appreciation of 42.52% compared to the previous period. Other areas like Mudran Press Colony, Shashtri Nagar, and Four Bunglows average ₹150 per sq ft. Comparing these rates against the 3.69% city-wide rental yield helps investors identify which specific pockets in Andheri West offer the best potential for rental income growth.
