Andheri and Malad have been the most preferred residential location in Mumbai, among buyer from many years. Buyers who want to buy flats in Mumbai are very keen on these two localities. What makes these areas so good, that buyers are always looking to invest here? Let’s take a look. You can even have a look at houses for rent in Coimbatore.
Earlier Andheri was predominantly known for commercial establishments and with time there has been a lot of infrastructural development in this area. This preferred residential location among high net worth individuals, Non- Residential Indians (NRIs), businessmen and corporate honchos.
It is very close to Mumbai’s International Airport (Chatrapati Shivaji International Terminal) as well as the domestic airport. These are the main reasons for it growth.
Also Mumbai’s business district has now shifted to Bandra-Kurla Complex, which is in close proximity to Andheri, has further fuelled its growth.
Also there is excellent connectivity to the rest of Mumbai via the Western Express Highway and Mumbai’s Western Railway line. All trains on this line whether slow or fast, stop at the Andheri station. Most recently the Mumbai metro has become functional connecting Andheri West with Andheri East, Airport and Ghatkopar. The journey from Ghatkopar to Andheri which used to take sometimes even up to two hours due to heavy traffic is now accomplished in less than half an hour due to the Metro.
Andheri Kurla Link Road, Jigeshwari-Vikhroli Link Road (JVLR) and the recent Versova Andheri Ghatkopar Metro link- all have benefited the markets of Andheri. The rise in infrastructure in Andheri ahs further given boost to area like Lokhandwala, Versoa, 4 bungloes, 7 bunglows, link road etc. The West part of Andheri, especially areas like Lokhandwala, Versova has a lot of film production offices. Yashraj, Eros, T series etc. all have offices in this area. This area predominantly has a lot of film and Television actors living as most offices are close by.
Andheri has showrooms of some high end cars and other high end shopping brands here. It also has the famous Kokilaben Dhirubai Ambani Hospital, in addition to many other hospitals and clinics here. The heath care facility in this area is among the best in Mumbai.
There are numerous restaurants of various cuisines, coffee shops, fast food chains and patisseries located here.
Just like Andheri, Malad too is a fast developing area. It is connected to the rest of Mumbai via the Western Railways and The Western Express Highway. Taxis, autos and BEST buses are easily available here for commuting within Malad, as well as the rest of Mumbai city.
Malad has some of the best malls and shopping centers in Mumbai. Infinity Mall, Inorbit mall and Home Center are huge and attract a good crowd. There are a lot of high end brands here; people come from far off to shop here.
A lot of offices and some top Business Processing Units (BPOs) are also located here. This has increased the demand for housing in Malad. Malad is close to Andheri, so there is a spill -over of film production offices and film industry workers, who function from here.
Malad offers cheaper commercial property rates than South Mumbai. This is a major reason why offices are slowly shifting here. High demand for commercial space is pushing the demand for residential space and further increasing the real estate value. The affordable commercial rates are attracting more and more business families to shift from South Mumbai to Malad. The Municipal forest corporation has come up with plans to develop a 6.5 acre forest garden for Malad. This forest garden will be built over the recently acquired land near the Malad Link Road. This will include a gymnasium, amphitheatre, walking tracks e