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Connectivity And Accessibility Drives The Demand Of Apartments In Andheri West

Vinayy Kumarr
 


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The demand of residential property in Mumbai has always been high as the city is the entertainment and financial capital of India. Even though the property rates make it very difficult for the buyers to purchase a property for sale in Mumbai but still most of the people dream of buying their home in the city one day. Although, most of the people argue that the real estate market of Mumbai has been stagnant for the last few years but the well-connected areas have always managed to find buyers. Apartments in Andheri West and other properties that lie close to suburban railway line have always sold like hotcakes.

The demand for both commercial and residential property in Mumbai has been always determined by its proximity to railway line, which is often called the lifeline of the city. Investors too prefer to purchase a property for sale in Mumbai that is closer to suburban station as these properties get high appreciation on their investment horizon period. Apartments in Andheri West and other properties near suburban railway line tend to earn more rental income as compared to other properties in the locality. The Mumbai suburban trains have four lines and these are Western Line, Central Line, Harbour Line and Trans-Harbour Line.

Western Line connects stations Churchgate between Dahanu Road (120 km). The Central Line starts from Chhatrapati Shivaji Terminus (CST) to Kalyan (54 km) from where it bifurcates into two lines to Khopoli (61 km) and to Kasara (67 km). The Harbour Line connects Chhatrapati Shivaji Terminus (CST) to Thane, Nerul, Vashil. The most recently opened Trans-Harbour Line connects Navi Mumbai to Thane. Since Andheri is a locality that is served by the Western Line, Harbour Line and the Mumbai metro the demand of apartments in Andheri West has always been high among both the end-users as well as investors. From Andheri various localities are easily accessible as one can choose to board any suburban line or the Mumbai Metro.

The Mumbai Metro has also recently started its operations and its opening has significantly decongested the roads of the city. The areas, which are served by the Mumbai Metro, have seen a noteworthy increase in rentals earned by commercial and residential property in Mumbai. The Metro runs between Andheri and Ghatkopar and the demand of property for sale in Mumbai between the stretch has also increased significantly after Mumbai metro started its operations in the year 2014.

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