THE THREE AREAS HAVE ALL THE AMENITIES, SOCIAL INFRASTRUCTURE, CONNECTIVITY AND AN IDEAL PRICE BRACKET THAT MAKE THEM THE NEXT DESTINATIONS FOR RESIDENTIAL REALTY IN MUMBAI
Owning a home in Mumbai is very aspira tional. So, when budget matters more than configuration, try localities such as Vasai, Virar and Nallasopara.These localities have opened up investment avenues offering a maximum number of 1BHK units within Rs 20-30 lakhs.
Vasai
What works for Vasai is its proximity to the central business districts, connectivity via public and private transport, traffic-free rads, a pollutionfree environment and spacious surroundings. Moreover, low operational costs and availability of an economically-viable workforce, have attracted new industries to set up base in Vasai. The social infrastructure includes a number of schools, colleges, hospitals and recreational areas. “The convenience that the connectivity via public and private transport has provided, has also accelerated the pace of the real estate sector in this region,“ says Shanu Diwedi, a local property consultant at Anshul Private Limited. The dimensions of 1BHK units vary within 350870 sq ft. The price prevailing in Vasai is Rs 4,900 per sq ft.
Virar
With an average price of Rs 4,400 per sq ft, Virar offers apartments with sizes ranging from 350-1050 sq ft within a budget of Rs 30 lakhs.Although many under this price bracket are 1-BHK units within 800 sq ft, one would be pleasantly surprised to find 2BHK units as well. However, the availability of units above 1000 sq ft is limited to only two or three. Virar boasts of excellent connectivity to Mumbai via the Western Express Highway. Manik Patil, a property consultant explains, “A lot of illegal construction has mushroomed in this area, so the home-buyers should exercise caution.“
Nallasopara
As per the Magicbricks data, Nallasopara offers 1-BHK units in sizes varying from 500-1000 sq ft in the price bracket of Rs 30 lakhs.Nallasopara too, boasts of a handful of 2-BHK units in this price range. It was initially a neglected area but due to lower capital values as compared to Vasai and Virar, this area has gained prominence. Directly connected to Mira Road and Mumbai through the MumbaiAhmedabad National Highway, this area has attracted developers who are interested in 1-BHK units.
THE THREE AREAS HAVE ALL THE AMENITIES, SOCIAL INFRASTRUCTURE, CONNECTIVITY AND AN IDEAL PRICE BRACKET THAT MAKE THEM THE NEXT DESTINATIONS FOR RESIDENTIAL REALTY IN MUMBAI
Owning a home in Mumbai is very aspira tional. So, when budget matters more than configuration, try localities such as Vasai, Virar and Nallasopara.These localities have opened up investment avenues offering a maximum number of 1BHK units within Rs 20-30 lakhs.
Vasai
What works for Vasai is its proximity to the central business districts, connectivity via public and private transport, traffic-free roads, a pollutionfree environment and spacious surroundings. Moreover, low operational costs and availability of an economically-viable workforce, have attracted new industries to set up base in Vasai. The social infrastructure includes a number of schools, colleges, hospitals and recreational areas. “The convenience that the connectivity via public and private transport has provided, has also accelerated the pace of the real estate sector in this region,“ says Shanu Diwedi, a local property consultant at Anshul Private Limited. The dimensions of 1BHK units vary within 350870 sq ft. The price prevailing in Vasai is Rs 4,900 per sq ft.
Virar
With an average price of Rs 4,400 per sq ft, Virar offers apartments with sizes ranging from 350-1050 sq ft within a budget of Rs 30 lakhs.Although many under this price bracket are 1-BHK units within 800 sq ft, one would be pleasantly surprised to find 2BHK units as well. However, the availability of units above 1000 sq ft is limited to only two or three. Virar boasts of excellent connectivity to Mumbai via the Western Express Highway. Manik Patil, a property consultant explains, “A lot of illegal construction has mushroomed in this area, so the home-buyers should exercise caution.“
Nallasopara
As per the Magicbricks data, Nallasopara offers 1-BHK units in sizes varying from 500-1000 sq ft in the price bracket of Rs 30 lakhs.Nallasopara too, boasts of a handful of 2-BHK units in this price range. It was initially a neglected area but due to lower capital values as compared to Vasai and Virar, this area has gained prominence. Directly connected to Mira Road and Mumbai through the MumbaiAhmedabad National Highway, this area has attracted developers who are interested in 1-BHK units.
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