Located around 60 km from Mumbai, Vasai is the emerging real estate hotspot, having modern infrastructure, improved connectivity, and various social amenities. Once considered away from the hustle and bustle of city life, Vasai is not new for people living in the Mumbai Metropolitan Region (MMR). It is now becoming a residential and commercial hub in the MMR.
Affordability and infrastructure
Vasai has something to offer to every homebuyer and this is the reason for its swift transformation. The government has made significant investment recently in creating physical and social infrastructure that have played a pivotal role in Vasai’s development.
A booming residential and commercial hub, Vasai has surpassed other areas in the region when it comes to affordability. Projects have been priced appropriately here, offering easy access to Mumbai. From esteemed educational institutions to commercial activities in industrial zone, Vasai has everything. Besides attracting a diverse range of homebuyers and investors, the projects in Vasai have solidified their reputation as prime location.
Accessibility and convenience
From being “remote and inaccessible”, Vasai has developed to become an alternative area to Mumbai, offering a good standard of living. Fast connectivity via the Mumbai suburban railway network with the central, as well as western lines passing through it have made things easier for people living here. Many prefer to have a property closer to Vasai Road Station and around as it ensures the convenience of travelling to Mumbai and other locations in MMR. There are also the road transport services operated by Vasai-Virar Municipal Transport (VVMT), Thane Municipal Transport (TMT), and State Transport (ST) services that help carry commuters from one point to another.
Vasai is also an ideal residential choice for those who would otherwise spend time commuting daily to Mumbai from areas, such as Dahanu, Vapi, Valsad, Umargaon, and Silvassa. It has become a strategic location for homebuyers, who wish to balance their work and life. Unlike other locations in MMR, owning a house in Vasai come with an additional advantage of living closer to the business hub, reducing the travel time every day.
Upcoming projects
Further, proposed projects like the Virar-Alibaug corridor, the Bhayandar-Vasai Sea Link, the Vasai-Diva-Panvel Railway Line Extension, etc., are set to further enhance the region’s infrastructure, stimulating economic growth and development. Further, a wide range of housing options that make the region an attractive choice for the first-time homebuyers and investors are also coming up. Moreover, 1BHK and 2BHK apartments near Vasai Road Station are in high demand, providing convenience and value for money.
Many schools, hospitals, and recreational facilities have come up in Vasai recently, improving its infrastructure. Such development has ensured the overall well-being of residents, making it an ideal place for families.
Vasai has an attractive living environment for daily commuters and families. As ongoing and upcoming projects continue to reshape MMR, Vasai stands out as a promising destination for real estate developers and homebuyers.
—The author works at Suraksha Smart City.
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