Vasai located in the
western areas of Mumbai has always known as a hub for reasonable housing. With
a developing populace of more than 1.2 million residents Vasai -Virar is the
fifth biggest city in Maharashtra. With downtown areas becoming progressively
expensive, a developing number of residents of Mumbai are moving to the
suburbs, all the more particularly Vasai and Virar in the search for good
quality and bigger homes at less costs.A huge area bank at less costs had
additionally pulled in developers who are keen about building coordinated
townships and mega buildings with lofts available to be purchased in Vasai.
Besides the progressing
demand for cheap apartments in Vasai, there is likewise a developing interest
for row houses and villas in Vasai.A unique factor about villas in Vasai is
that within the same budget that will bring a 1 or 2 BHK house in a central
region in Mumbai, a buyer can enjoy the luxurious space of a villa in Vasai.
There are many upcoming
projects in the Vasai – Virar region offering both residential apartments as
well as villas. These upcoming projects combined with the infrastructure
development will transform Vasai from being a satellite city in to a
metropolitan city in the coming years.
Vasai has also been in
the news recently after a property transaction worth INR 1111 crores took place
here. The 265 acre parcel of land belongs to the Sahara Group. It has been
reportedly sold to Sai Rydan Realtors who bought up the property in partnership
with Prime Downtown Estates, according to reports. It is considered to be one
of the most expensive real estate deals to go through in the suburbs of Mumbai.
A residential township is in the offing according to reports.
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