Andheri, one of Mumbai’s most dynamic commercial hubs, is rapidly transforming into a goldmine for businesses and investors alike. With its blend of established business centers and fast-developing commercial corridors, Andheri offers unparalleled opportunities for entrepreneurs, corporates, and startups. Let's take a closer look at what makes this bustling suburb a top contender in Mumbai’s commercial real estate market.
A Blend of Heritage and Modern Growth
Andheri is home to renowned business districts like Veera Desai Industrial Estate and the ever-popular Link Road. Notably, a section of Veera Desai Road is fast becoming a Bollywood hotspot, with prominent celebrities such as Amitabh Bachchan, Sara Ali Khan, and Kartik Aaryan purchasing office spaces worth a staggering ₹47.82 crore. These prime areas house a mix of multinational corporations, banking giants, and prestigious firms, offering businesses both credibility and prestige.
Connectivity is a major advantage of Andheri, with seamless access via the Western Express Highway and the Mumbai Metro. This infrastructure ensures efficient transport for goods and services while making daily commuting easier. Given its strategic location and robust connectivity, Andheri commands premium rental prices, making it a lucrative investment option for real estate owners.
Andheri East: A Rising Commercial Star
For businesses seeking affordable yet modern office spaces, Andheri East presents a compelling choice. With several infrastructure upgrades and ongoing development projects, this area is witnessing a surge in demand. Its proximity to emerging business hubs like Powai and Vikhroli enhances its appeal, giving businesses access to a vast talent pool and a growing ecosystem.
New commercial complexes featuring Grade-A office spaces and cutting-edge amenities are springing up in Andheri East, meeting the needs of contemporary enterprises. The future looks promising, as the area continues to evolve into a preferred destination for medium-sized and growing companies.
Mumbai’s Commercial Real Estate on the Rise
Mumbai’s commercial real estate sector is experiencing significant growth, driven by rising demand and innovative new developments. According to the ‘CBRE India Office Figures Q2 2023’ report, Mumbai recorded 1.3 million sq. ft. of office leasing between April and June 2023. Key industries driving this demand include BFSI (31%), technology (28%), and engineering & manufacturing (13%). Notably, medium-sized office deals (10,000 – 50,000 sq. ft.) dominated the market during this period, with non-IT developments leading both supply and absorption.
Government-backed infrastructure projects led by the Mumbai Metropolitan Region Development Authority (MMRDA) are further fueling the commercial real estate boom. From new metro lines to highways and transport corridors, these projects are improving connectivity across the city and opening up new avenues for growth. While key commercial hubs such as Bandra-Kurla Complex, Lower Parel, Nariman Point, and Goregaon continue to thrive, Andheri remains a leading destination for commercial investment due to its strategic location and robust infrastructure upgrades.
Atharv Aaradhyam: Redefining Commercial Spaces in Andheri
Among Andheri’s rising commercial landmarks is Atharv Aaradhyam, a premium G+2 development designed to elevate business visibility and functionality. Located in a prime business district with direct access to the main road, this project boasts a striking 65-foot frontage, beamless slabs for maximum flexibility, CFO compliance, and exclusive private elevators.
Each office space comes with dedicated washrooms, ample parking, and a spacious front lobby, ensuring a seamless experience for businesses and their clients. Additionally, the façade offers unmatched branding opportunities, making it ideal for businesses seeking high visibility.
The ground floor is tailor-made for high-profile ventures, including car showrooms, jewellery stores, banks, and luxury furniture outlets, while the upper floors cater to various businesses such as corporate offices, designer boutiques, fitness centers, and production studios. With its strategic location and state-of-the-art amenities, Atharv Aaradhyam is perfectly poised to leverage Andheri’s growing commercial potential.
As Mumbai’s commercial real estate sector continues to expand, Andheri stands out as a promising hub for growth, innovation, and investment. For businesses looking to establish a strong presence in India’s financial capital, Andheri offers a gateway to success.