Vasai is a prominent residential area located on the outskirts of Mumbai, offering a unique mix of urban living and a peaceful environment. Known for its affordability, developing infrastructure, and serene landscapes, Vasai is attracting both investors and homebuyers who are looking for value-driven luxury properties. The area is gaining momentum as one of Mumbai’s fast-growing suburbs with its blend of residential, commercial, and recreational facilities.
Vasai: Overview
Located north of Mumbai, Vasai stretches along the Vasai Creek, offering a perfect blend of scenic views, easy connectivity, and a quieter pace of life. The locality is apt for those who want to live near Mumbai but prefer a more peaceful and spacious environment.
Pincode: 401201
Landmarks: Proximity to Vasai Fort, Gokhiware Lake, and Vasai Railway Station.
Why Vasai for Real Estate?
Vasai is growing exponentially over the past couple of years, and here are some reasons for it to turn out to be a favorite spot for luxury buyers in property deals:
Strategic Location:
Commuting easily through Vasai-Virar Road and by the Western Railway Line.
Connectivity to nearby Mumbai Metropolitan Region (MMR) and nearby beaches and amusement spots.
Uninterrupted connectivity with commercial centers within Mumbai.
Value for Money with Luxury:
Vasai offers its luxury properties significantly cheaper than similar properties in Central Mumbai.
Green and Serene Environment:
Plenty of open spaces, lakes, and parks make it perfect for families and nature enthusiasts.
Real Estate Trends and Property Rates in Vasai
Vasai has seen steady growth in property rates, making it a good investment destination.
Property Rates:
Flats: ₹5,500 to ₹8,500 per square foot
Villas and Independent Houses: ₹1.5 Cr onwards
Types of Properties Available in Vasai
Luxury Flats: Equipped with all modern amenities, including gyms, swimming pools, and community spaces.
Independent Villas: Suitable for those who need bigger houses with a lot of personal space.
Commercial Spaces: For retail and office purposes.
Invest in Vasai:
The place is a good option for investors searching for high returns on rentals and capital appreciation. This is because the prices here are very cheap, and its growth curve is stable.
Top Builders and Projects in Vasai:
Oberoi Realty
Godrej Properties
Runwal Group
Lokhandwala Infrastructure
Saileela Builders
Lifestyle and Amenities in Vasai:
Vasai has good life in harmony, providing prime amenities that address the need and desire of various age groups.
Education:
St. Xavier’s School
Divine Child High School
Health Care :
Vasai General Hospital
Shree Sai Hospital
QI Spine Clinic
Shops and eating places :
Multi-range of malls and shopping zones.
Various popular diners that cater local as well international food.
Huge no of parks and lakes providing leisure as well as some more adventure games facilities.
Various cine and some malls provide ample entertainment.
Connectivity/Transport:
Vasai has good road and rail connectivity, which makes movement inside Mumbai and other areas quite easy.
By Road:
Western Express Highway links Vasai to the whole of Mumbai.
Direct access to trendy local beaches.
Public Transport:
Local as well as express trains are available at Vasai Railway Station.
Buses and taxis run frequently, making local commute easy.
Airport and Railway Link
Chhatrapati Shivaji Maharaj International Airport is located 45 km away from Vasai.
Vasai Railway Station is one of the biggest junctions on the Western Railway Line.
Upcoming Metro Connectivity:
Metro connectivity would increase further once the metro line gets extended in the future.
Future Growth Prospects:
Real estate in Vasai has promise. Infrastructure work, such as road widening and metro connectivity, will increase the demand for luxury homes.