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 consistent interest, with rental yields reaching 3.69% for investors. The market features a diverse range of properties, from established residential apartments to high-value villas, while top projects like Kalpataru Yashodhan continue to set high-value benchmarks, confirming the locality's status as a prime choice for real estate investment in Mumbai.
Insights for Andheri West, Mumbai Real Estate Market Overview
Andheri West maintains a robust real estate market, characterized by strong capital appreciation and consistent demand across both residential and commercial segments. Recent quarters have seen property rates climb from ₹38,350 per sq ft in late 2025 to over ₹41,000 per sq ft by mid-2026, signaling sustained investor confidence. The rental market is equally active, providing a stable yield of 3.69% with average monthly rents for a 2 BHK apartment hovering around ₹83,500. Government registration data confirms this momentum, with nearly 1,000 transactions recorded in the last year alone, totaling over ₹2,500 Cr in gross value. Development activity remains high, with Bini Builders and Platinum Corp leading the transaction volume, ensuring a steady influx of new inventory into this high-demand area.
Property rates have appreciated from ₹38,350 to ₹41,350 per sq ft between September 2025 and June 2026.
The residential sector shows a healthy rental yield of 3.69%, supported by an average monthly rent of ₹1.58 Lakh for 3 BHK units.
Over 977 transactions were registered recently, reflecting a gross market value of ₹2,536 Cr.
Commercial property types like shops command premium rates, averaging ₹88,250 per sq ft with a 12.23% increase.
Ready-to-move projects remain the most liquid segment with 1,287 units, while new launches continue to expand the supply pipeline.
Market Strengths
High average rental yield of 3.69% supports long-term investment viability.
Robust transaction count of 977 registrations indicates a highly liquid market.
Significant gross transaction value of ₹2,536 Cr reflects strong buyer purchasing power.
Diverse property supply ranging from affordable new launches to premium ready-to-move luxury apartments.
Strong performance in the commercial segment, with shops showing a 12.23% price increase.
Consistent capital appreciation in the residential apartment segment by 3.42%.
Market Challenges
Certain sub-localities like Manish Nagar have experienced a rental rate decline of -20.17%.
Four Bunglows shows a rental rate decrease of -18.18%, indicating localized price sensitivity.
Amboli and Goregaon West have seen a correction in capital values by -8.12% and -3.38% respectively.
Partially ready-to-move projects have faced a price adjustment of -3.11%.
Versova and Juhu rental markets have seen marginal declines of -0.81% and -1.3% respectively.
Investment Opportunities
Residential rental yield stands at a competitive 3.69%, offering steady returns for property owners.
Shops demonstrate strong capital appreciation with a 12.23% increase, reaching ₹88,250 per sq ft.
Villa investments show significant growth potential, with prices rising by 16.58% to reach ₹51,850 per sq ft.
The high volume of ready-to-move units, totaling 1,287, provides immediate rental income potential for investors.
Office spaces remain a stable asset class, averaging ₹47,450 per sq ft with consistent demand.
Top Localities in Andheri West, Mumbai
Veera Desai Road
Avg Price₹ 33,750 /Sq.Ft.
Avg Rent₹ 114 /Sq.Ft.
YIELD
+ 4.05
LISTINGS
4
Price Trend
Andheri West, Mumbai Property Price Trends and Appreciation
Property rates in Andheri West have shown consistent growth, rising from ₹38,350 per sq ft in September 2025 to ₹40,000 per sq ft in early 2026. This upward trajectory continued into mid-2026, with rates reaching ₹41,350 per sq ft by June. These figures highlight a stable and appreciating market environment for both buyers and investors.
Andheri West encompasses diverse sub-localities that cater to varying price points and lifestyle needs. Gulmohar Road stands at the premium end, commanding an average rate of ₹57,900 per sq ft, while Versova averages ₹45,350 per sq ft. More accessible options are found in Jogeshwari West and Goregaon West, which average ₹31,250 and ₹32,500 per sq ft, respectively. Lokhandwala Complex and Amboli offer mid-range stability, both hovering around the ₹35,200 per sq ft mark.
Andheri West's real estate market caters to diverse buyer preferences across property categories. Commercial spaces, particularly shops, lead the premium segment at ₹88,250 per sq ft, experiencing a 12.23% growth. Residential options include villas priced at ₹51,850 per sq ft with a 16.58% increase, while standard apartments average ₹41,350 per sq ft, showing a 3.42% rise. Office spaces round out the market at ₹47,450 per sq ft, reflecting steady demand for professional workspaces.
The Andheri West market offers properties across various development stages to suit different buyer timelines. Ready-to-move inventory, comprising 1,287 units, averages ₹31,750 per sq ft, appealing to immediate occupancy seekers. Under-construction projects present 70 opportunities at ₹34,800 per sq ft, while new launches provide 52 options at ₹33,300 per sq ft. This diverse supply mix enables buyers to balance possession timing with their specific pricing preferences.
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
₹ 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
₹ 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 are commanding significant asking prices, reflecting their luxury positioning and prime location. Kalpataru Yashodhan leads the segment, priced at ₹73,700 per sq ft, followed by Neminath Silver Oak at ₹58,150 per sq ft. Mayfair Palms and Samartha Sampada also maintain high values, priced at ₹58,050 and ₹55,700 per sq ft respectively. These top-tier developments represent the aspirational segment of the local real estate market.
Top projects in Andheri West maintain premium rental rates, with Lokhandwala Premium Towers and Samartha Sampada averaging ₹150 per sq ft. Versova Heaven CHS stands out with a 2.53% increase in rental value, while other major developments like Raiaskaran Parthenon and Romell Amore continue to attract tenants at competitive rates.
The Andheri West development landscape is shaped by established builders driving transaction volumes. Bini Builders leads the market with 4 registered transactions, demonstrating strong brand pull. Platinum Corp and Samartha Development Corporation each secured 2 transactions, while developers like Vijay Developers and Oberoi Realty also contributed to the active market landscape.
Government Registrations
Government Registration in Andheri West, Mumbai
Official registration data reveals robust transaction activity in Andheri West, with 977 transactions recorded between September 2025 and August 2026. These deals represent a gross value of ₹2,536 Cr, with average registered rates of ₹26,600 per sq ft. Bini Builders emerged as the top developer by transaction volume, playing a key role in driving this market momentum.
Sales Transactions977
Gross Sales Value₹ 2,536 Cr
Registered Rate₹ 26,600/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Andheri West, Mumbai
Rental rates in Andheri West vary significantly by unit size, with studio apartments averaging ₹43,100 per month. Larger 3 BHK and 4 BHK units command substantial premiums, with average rents reaching ₹1.58 Lakh and ₹2.82 Lakh per month respectively. For those seeking luxury, 5 BHK apartments are available at an average of ₹3.52 Lakh per month. Rental rates across Andheri West show varied performance by sub-locality. Areas like Mudran Press Colony and Seven Bunglows command higher rates of ₹150 per sq ft, with the latter showing a 6.67% increase. In contrast, locations such as Sv Patel Nagar and Versova average around ₹100 per sq ft, reflecting a more accessible rental tier. Rental market performance is segmented by property type, with showrooms and shops leading at ₹350 per sq ft. Office spaces follow at ₹200 per sq ft, showing a positive trend of 4.64%. Apartments remain the most common residential choice, averaging ₹150 per sq ft with a steady 1.63% annual increase. Top projects in Andheri West maintain premium rental rates, with Lokhandwala Premium Towers and Samartha Sampada averaging ₹150 per sq ft. Versova Heaven CHS stands out with a 2.53% increase in rental value, while other major developments like Raiaskaran Parthenon and Romell Amore continue to attract tenants at competitive rates.
Rental rates in Andheri West vary significantly by unit size, with studio apartments averaging ₹43,100 per month. Larger 3 BHK and 4 BHK units command substantial premiums, with average rents reaching ₹1.58 Lakh and ₹2.82 Lakh per month respectively. For those seeking luxury, 5 BHK apartments are available at an average of ₹3.52 Lakh per month.
Rental rates across Andheri West show varied performance by sub-locality. Areas like Mudran Press Colony and Seven Bunglows command higher rates of ₹150 per sq ft, with the latter showing a 6.67% increase. In contrast, locations such as Sv Patel Nagar and Versova average around ₹100 per sq ft, reflecting a more accessible rental tier.
Rental market performance is segmented by property type, with showrooms and shops leading at ₹350 per sq ft. Office spaces follow at ₹200 per sq ft, showing a positive trend of 4.64%. Apartments remain the most common residential choice, averaging ₹150 per sq ft with a steady 1.63% annual increase.
Frequently Asked Questions About Property Rates in Andheri West, Mumbai
What is the current average asking price in Andheri West, Mumbai?
As of June 2026, the average asking price in Andheri West stands at ₹40,000 per sq ft. This figure reflects a depreciation of 0.71% compared to the previous period, suggesting a slight market correction or softening in demand. For context, the Government Registration Rate in the area is currently ₹26,600 per sq ft, providing a useful benchmark for buyers to compare against current market-driven asking prices.
How have property prices in Andheri West trended over the last year?
Property prices in Andheri West have shown a fluctuating trajectory over the past four quarters. Data from September 2025 shows a location rate of ₹38,350 per sq ft, which rose to ₹40,300 per sq ft by December 2025, dipped to ₹40,000 per sq ft in March 2026, and reached ₹41,350 per sq ft as of June 2026. This upward movement in the most recent quarter indicates resilient demand despite the minor fluctuations observed earlier in the year.
Which neighbourhoods in Andheri West command the highest and lowest property rates?
Property rates vary significantly across the neighbourhoods of Andheri West as of June 2026. Gulmohar Road is among the premium areas with an average asking price of ₹57,900 per sq ft, having appreciated by 0.27% compared to the previous period. Conversely, Jogeshwari West offers more accessible entry points with an average asking price of ₹31,250 per sq ft, which has seen a notable appreciation of 9.58% over the same timeframe.
How do property prices differ by property type in Andheri West?
As of June 2026, property prices in Andheri West are segmented by type, with shops commanding the highest average asking price at ₹88,250 per sq ft, reflecting a significant appreciation of 12.23% compared to the previous period. Villas are priced at ₹51,850 per sq ft, marking a 16.58% appreciation, while apartments, the most common residential choice, are priced at ₹41,350 per sq ft, having appreciated by 3.42% over the same period.
What is the price difference between Ready To Move and Under Construction properties in Andheri West?
As of June 2026, Ready To Move properties in Andheri West have an average asking price of ₹31,750 per sq ft, reflecting an appreciation of 0.69% from the previous period. In comparison, Under Construction projects are priced at an average of ₹34,800 per sq ft, which has appreciated by 0.5% over the same timeframe. This pricing structure suggests that buyers are willing to pay a premium for newer, under-construction inventory compared to established, ready-to-move-in units.
What is the average rental rate and rental yield for investors in Andheri West?
As of June 2026, the average rental rate in Andheri West is ₹123 per sq ft, which has seen a depreciation of 0.81% compared to the previous period. The area currently offers a rental yield of 3.69%. For investors, this yield represents the annual income potential relative to the capital investment, serving as a key metric for evaluating the attractiveness of residential assets in this locality.
What is the BHK-wise rental pattern in Andheri West?
Rental rates in Andheri West scale according to unit size as of June 2026. Studio apartments average ₹43,100 per month, while 1 BHK units average ₹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. This tiered pricing allows tenants and investors to choose properties based on specific budget and space requirements.
Which projects in Andheri West command the highest rental rates?
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 high-rent projects include Romell Amore and K Hemani Bay View, both at ₹165 per sq ft. These projects generally maintain stable rental rates, with most showing no change in the latest period, reflecting their established status in the luxury rental market.
Which developers have the highest transaction activity in Andheri West?
As of June 2026, Bini Builders leads the local market in terms of transaction volume with 4 recorded transactions. Other prominent developers include Platinum Corp and Samartha Development Corporation, each with 2 transactions. These developers represent the most active players in the Andheri West residential landscape, providing buyers with a variety of project options based on recent market performance.
How should a buyer interpret the difference between the asking price and the Government Registration Rate?
The asking price of ₹40,000 per sq ft in Andheri West as of June 2026 represents the current market sentiment and seller expectations, while the Government Registration Rate of ₹26,600 per sq ft serves as the official baseline for stamp duty and registration calculations. A significant gap between these two values often indicates a premium market where luxury amenities, location, and demand drive prices well above the government-mandated valuation. Buyers should use the registration rate as a reference for tax liabilities while viewing the asking price as the true cost of acquisition.
