If you are considering buying a home in Mumbai but the thought of high price is scary, you might like to consider the new upcoming projects in the city. According to PropIndex (Oct-Dec 2014), the India Apartment Index by Magicbricks, close to 25 per cent of the total supply in the city was concentrated in Andheri West in Western suburbs and many other areas.
As per the data with Magicbricks.com, over 50 projects are slated to be under construction in the locality. All multi-storey apartments are on offer where a few are expected to be delivered by 2015, remaining by 2016 and maximum by 2018. The projects are available in varied budgets and formats.
Why is the area preferred?
According to Manish Chib, a local resident of the area, “Andheri West is a highly preferred locality in Mumbai for rent as well as investment. The locality is well-organised as compared to its eastern counterpart. Apart from homes, the area offers a good lifestyle and a peaceful environment”.
As Andheri East faces heavy traffic jams during peak hours and is surrounded by various slums, therefore, both end users and investors prefer Andheri West as it offers a calm lifestyle.
What’s on offer?
The value of a 2BHK unit in the locality starts from Rs 25 lakh and goes over Rs 1 crore. A 3BHK apartment is available in a budget range of Rs 2-15 crore. Both furnished and unfurnished apartments equipped with modern amenities are available ensuring a luxury lifestyle for all.
Connectivity
Andheri West is located at a distance of 6 km from the Western Express Highway ensuring connectivity across the city. The nearest railway station is Andheri Railway Station at a distance of 4 km and Mumbai International Airport at 7 km. The locality offers a well-fabricated social infrastructure with schools, hospitals, commercial complexes and banks.
So, if you too, are looking to buying a property and wish to live in a locality offering a good lifestyle, developed infrastructure, good connectively and affordable capital values, Andheri West can be worth considering.
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About Us
MCHI-THANE has always been very clear that fine housing complexes and shopping malls cannot stand in isolation. A great City is the sum total of great buildings, great infrastructure and great people. MCHI has been committed to growth of the real estate sector and is credited with the harmonious growth and rise in quality and standards of construction in Thane City in the past decade.
Its aim as an Association of Developers has been to seek rational rules and regulations which are uniformly applied across the board as this will to a great extent result in speedy construction, cost reduction, fair pricing and a push for better quality standards at par with the developed world, with a high level of transparency.
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