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Vasai-Virar grabbed the limelight post-2000 in the real estate sector, with the locality gradually evolving. The 5th largest in Maharashtra, this twin city is a well-known fishing centre as well as agricultural produce exporter. Once big projects started coming up, people started to prefer Vasai-Virar for investment, so real estate businesses began to flourish. People prefer to stay in the area due to the peaceful atmosphere and lush green nature and away from the highly chaotic and expensive city life.
In the past few decades, there has been a considerable amount of development in transportation, luxury projects, hospitals, shopping complexes and much more in the city. Today, Vasai-Virar is one of the most preferred locations on the outskirts of Mumbai City. People can board trains at Vasai Road Railway Station or Virar Railway Station and reach Mumbai in about an hour or even travel via the Western Express Highway by private car or a bus.
Residents can find schools like St.Francis High School, Rahul International School, St. Peters High School, Tree House High School, and more for high-class education and those in need of medical care can get help from hospitals like Cardinal Gracias Memorial Hospital and Sanjivani Hospital. Vasai-Virar has a range of malls, restaurants, movie theatres and various other recreational hubs for the weekends. The Capital Mall, Dattani Square Mall, Celebrity Family Restaurant, Kerala Cafe, Miraj Cinemas, and KT Vision Carnival Cinemas are the most popular entertainment spots in the area.
The average per sq. ft price of properties in Vasai ranges around Rs. 7,184, making the locality an expensive option. In contrast, the average per sq. ft price in Virar is only Rs. 5,055, a comparatively lower cost option in Mumbai. Virar sees a mild price change every year, with a 0.42% rise in 2022 compared to last year. In contrast, there has been a huge rise in property prices in Vasai – around 6.3% compared to last year.
There are numerous new projects in Vasai-Virar, Mumbai. In fact, some of the best residential properties in Vasai-Virar, Mumbai, are ready for you to move into right away. If you plan to buy from upcoming residential properties in Vasai-Virar, Mumbai, then keep an eye on some of the upcoming projects in Vasai-Virar Mumbai.
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