According to industry experts, the Mumbai Metropolitan Region (MMR) will continue its momentum as one of the most valued real estate markets in India in 2024. Reflecting the surge in the market after the COVID-19 pandemic, a report indicates a 31 per cent increase in sales across top cities in India in 2023, with Mumbai leading among them with around 1,53,870 units.

Andheri West Emerges as Hotspot for Mumbai's Elite, Amitabh Bachchan Among Investors:

Andheri West too is emerging as the new real estate destination for Mumbai's rich and famous. Leading this star-studded list of investors is superstar Amitabh Bachchan, who has recently bought a penthouse office space on the 30th floor of the Andheri landmark ‘Signature’ from Lotus Developers, the real estate development company headed by veteran producer Anand Pandit.

Celebrities Flock to Andheri West: Ajay Devgn, Shahrukh Khan, Hrithik Roshan Own Properties:

Actors such as Ajay Devgn, Shah Rukh Khan, Hrithik Roshan and Kartik Aaryan also own properties here. Other celebrities who have invested in properties in Andheri West include Kajol, Manoj Bajpayee, Sara Ali Khan, Udit Narayan, Rajkummar Rao, Anand L Rai, Kriti Sanon, Janhvi Kapoor, Sunny Leone, Sajid Nadiadwala, Sanjay Leela Bhansali, and A R Rahman, to name a few.

Andheri West: Hub of Hindi Cinema with Celebrity and Production House Investments:

In addition to celebrities, various production houses and film bodies also own office spaces here, including Maddock Films, GooseBumps Entertainment, the Indian Motion Picture Producers Association, the Indian Film and Television Directors Association and Chrome Pictures, thereby making the area truly a hub of Hindi cinema.

Andheri West's Appeal: Convenience and Customized Spaces Draw Bollywood Stars:

One of the key reasons why lead actors and technicians are looking for office spaces in Andheri West is that many leading celebrities reside here, making it accessible and convenient for all. 'Moreover, these high-profile clients also have personal preferences and are keen on interior design according to their tastes. Hence, companies like Lotus Developers prioritise these preferences and personalise the spaces accordingly before handing them over. For instance, for Ajay Devgn’s state-of-the-art office space, each small detail was customised in keeping with the star’s personality, and a very contemporary design was created to exude both flamboyance and practicality,' added a source.