Property Rates in Andheri West, Mumbai

As of March 2026, the average asking price in Andheri West stands at ₹40,000 per sq ft, while the Government Registration Rate is ₹27,000 per sq ft. This significant difference of ₹13,000 per sq ft suggests that the registered value is considerably lower than the prices sellers are currently asking. The total gross value of transactions recorded from June 2025 to May 2026 was ₹5,042 Cr, with a registered rate of ₹26,600 per sq ft.

The property prices in Andheri West have shown some fluctuation. From June 2025 to September 2025, prices appreciated by approximately 3.9% from ₹36,900 to ₹38,350 per sq ft. Following this, there was a further increase to ₹40,300 per sq ft in December 2025, before a slight decrease to ₹40,000 per sq ft in March 2026. This indicates a generally upward trend over the past year, with a minor correction in the most recent quarter.

Property rates in Andheri West vary significantly across its micromarkets as of March 2026. Juhu has the highest average rate at ₹61,100 per sq ft, though it has seen a depreciation of 1.3% from the previous period. Gulmohar Road is also premium at ₹57,900 per sq ft, appreciating by 0.27%. In contrast, Jogeshwari West offers more affordable options at ₹31,250 per sq ft, showing a substantial appreciation of 9.58% from the previous period. Oshiwara stands out with a significant appreciation of 18.4% to ₹36,000 per sq ft.

As of March 2026, apartments in Andheri West have an average price of ₹40,000 per sq ft, experiencing a slight depreciation of 0.71%. Villas are priced higher at ₹51,850 per sq ft, showing a strong appreciation of 16.58%. Office spaces are available at ₹47,200 per sq ft, with a positive change of 5.08%, while shops are priced at ₹78,650 per sq ft, though they have depreciated by 8.95%.

In Andheri West, properties that are 'Ready To Move' have an average price of ₹31,700 per sq ft as of March 2026, with a slight appreciation of 0.57%. 'Under Construction' properties are priced at ₹34,850 per sq ft, showing a 0.7% increase. 'New Launch' properties are priced at ₹33,000 per sq ft, with a minor depreciation of 0.83%. Properties in the 'Partially Ready To Move' status are the most expensive at ₹45,250 per sq ft, appreciating by 1.51%.

As of March 2026, K Raheja Raheja Classique in Shastri Nagar recorded the highest number of transactions with 6 units, and its current rate is ₹47,450 per sq ft, appreciating by 3.14%. Platinum Life in DN Nagar followed with 5 transactions at ₹40,650 per sq ft, showing a 0.34% appreciation. Oberoi Springs in Veera Desai Industrial Estate had 4 transactions at ₹46,050 per sq ft, appreciating by 3.18%.

As of March 2026, K Raheja Raheja Classique in Shastri Nagar leads in transaction value at ₹19.93 Cr, with a current rate of ₹47,450 per sq ft and a 3.14% appreciation. Transcon Triumph in Veera Desai Industrial Estate is second with a value of ₹15.31 Cr at ₹45,350 per sq ft, showing no change in rate. The Wadhwa The Nest in DN Nagar ranks third with a value of ₹12.65 Cr at ₹35,650 per sq ft, appreciating by 1.61%.

Platinum Corp leads in transaction volume in Andheri West with 10 transactions. Following them are K Raheja Corp and Sagar Builders, both with 6 transactions. Shiv Shakti Group recorded 5 transactions, while Oberoi Realty and RNA Builders NG each had 4 transactions, indicating significant activity from these developers in the area.

As of March 2026, the average rental rate in Andheri West is ₹123 per sq ft per month, which has depreciated by 0.81% from the previous period. The area offers a rental yield of 3.69%. This yield suggests the potential return on investment for property owners through rental income relative to the property's capital value.

In Andheri West, rental rates vary by BHK configuration as of March 2026. Studio apartments average ₹41,200 per month, while 1 BHK units are around ₹51,800 per month. For larger spaces, 2 BHK apartments command an average rent of ₹81,450 per month, 3 BHKs are approximately ₹1.56 Lakh per month, 4 BHKs at ₹2.65 Lakh per month, and 5 BHKs reach up to ₹4.04 Lakh per month. This shows a clear premium for larger configurations.

As of March 2026, Suresh Nagar in Andheri West shows the highest average rental rate at ₹200 per sq ft, having appreciated significantly by 42.52%. Mudran Press Colony and Bhudargarh Colony both have rental rates of ₹150 per sq ft, with Mudran Press Colony appreciating by 1.52% and Bhudargarh Colony depreciating by 7.36%. Other areas like Shastri Nagar and Four Bunglows have seen rental depreciations of 9.33% and 7.04% respectively.

As of March 2026, apartments in Andheri West have an average rental rate of ₹100 per sq ft, showing a slight depreciation of 0.81%. Office spaces are rented at ₹200 per sq ft with no change. Shops and showrooms command higher rental rates, with shops averaging ₹350 per sq ft (appreciating by 18.24%) and showrooms at ₹350 per sq ft (depreciating by 9.41%).

As of March 2026, several projects in Andheri West are listed with high rental rates per square foot, including Lokhandwala Premium Towers, Samartha Sampada, Raiaskaran Parthenon, Romell Amore, and K Hemani Bay View, all averaging around ₹168-₹165 per sq ft. These projects, often with only one listing, indicate premium rental offerings within the locality, with most showing no change in their current rental rates.