In the last decade or so, the region of Vasai-Virar has drastically changed for the betterment. Located in the Palghar district of Maharashtra, it’s one of the few regions having witnessed promising growth and constant demand for housing. The industry experts opine that the prices of properties in the region have gone up by more than 5 times in the last decade, as more and more peripheral markets have grown around the region. Further, residential colonies are growing in the region as the population is increasing at a fast pace.

Till few years back Vasai-Virar region was primarily seen as one of the scenic destinations and had emerged as weekend homes for many due to its proximity to Mumbai. However, in the last few years the perspective has totally changed and Virar is now seen as a potential location for settling down. As Mumbai is getting saturated day by day, people are looking for an affordable option and Virar presents them that option with affordable property rates. Presently, the flats in Virar are valued between INR 4,000 to INR 4,500 per sq ft which is way below the rates in Mumbai.

Infrastructural Growth

Tremendous growth in infrastructure has made the entire Vasai-Virar belt a potential hub for entertainment, healthcare and living. In Mumbai’s western suburbs the real estate prices have sky rocketed due to which the scene has moved towards Virar. According to real estate experts, the region has witnessed a lot of infrastructure development and a lot of positive steps have been taken by the Vasai-Virar municipal corporation to enhance the amenities in the area.

With housing being affordable in the region, a good amount of population has moved to Virar and they have also benefited a lot by doing so. Let’s have a look at some benefits of buying a property in Virar.

Benefits of buying an Apartment in Virar

• The region provides good housing and

employment opportunities

• The region has sufficient basic civic

amenities

• Easy accessibility of the region from most

parts of Mumbai

• Upcoming coastal road project which is likely

to push the growth of realty in the sector

• Homes including a 2 BHK flat in Virar are

available at attractive prices and the supply

of property is pretty good

Further, the proposed Alibag-Virar corridor will serve as a boost to the internal infrastructure in the region. Moreover, the urban development ministry has also taken the entire region under the ‘Urban Infrastructure Development in Satellite Towns’ making it the only city in the state to be included in the scheme.

Good connectivity, enhanced infrastructure and better facilities have all led to the massive up-liftment of the Vasai-Virar region making it the perfect place to be considered for the smart city project considered by the government.