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Virar – A Good Investment in the Long Run

Author: Sonali Patel
by Sonali Patel
Posted: May 21, 2018

Virar, a rising location of the northern tip of Mumbai, is constantly changing with time. And the newest offerings in term of developments is making it a promising location for real estate investments. The newly launched and developing projects in Virar are being designed, keeping in mind the changing needs of the consumers. The arrival of the well renowned real estate developers is changing the landscape of Virar and adding to the value of appreciation. Virar offers all that one could need in their housing projects – affordability, the chance to upgrade your life, well-amenities homes and great connectivity to the city. Prominent real estate players in Virar include Agarwal Group, Mayfair Housing, Rustomjee, and many others. The recent entry of Shapoorji Pallonji, however has made waves already in the real estate sector and that is. Their project Joyville homes is set to making choosing flats in Virar, that much easier.

Real Estate overview

Virar being an upcoming real estate investment destination, is currently seeing reasonable property rates and several categories of homes that cater to every type of buyer. Be it 1 or 2 BHK flats in Virar, there is something for everyone in Virar. With many upcoming infrastructure developments, Virar property rates are set to tip the scales on the higher side soon.

Connectivity from Virar

Virar, the top end of the western railway line, is well connected to the other parts of the city with fast trains running between Churchgate and Virar. New railway routes planned for Virar-Vasai-Diva-Panvel and Virar-Dahanu-Gholvad are also in motion. Upcoming projects include the 40-metre-wide and 36-km-long ring road, running through Sativali-Gokhivra-Vasai and Pelhar-Waliv-Gokhivra.

Physical infrastructure

A proposed corridor from Virar to Alibaug will soon extend connectivity to NH 3, 4 and 8. This proposed corridor will provide access to the new airport coming up in Navi Mumbai. Also, Vasai-Virar is very close to Mira Road as well as Ghodbunder Road. The existing infrastructure makes it an ideal location for the affordable homes. In terms of social and civic infrastructure, the area has everything in the vicinity. Be it schools, hospitals, banks, grocery stores, etc. Virar does not face any water issues as three rivers - Tansa, Vaitarna and Surya, flow via Virar blessing the residents with uninterrupted water flow.

Basic care

Virar is well furnished with good schools and colleges, higher education is also taken care of with good colleges in the area. Colleges like Virar Homeopathic Medical College, VIVA Institute of Management Studies; VIVA School of MCA and many others. Virar is not too far behind even when it comes to health care facilities since it is well equipped with hospitals like Sahayog Hospital and Research Centre, Sanjivani Hospital, Shushrusha Hospital IASIS Hospital, Cardinal Gracias Memorial Hospital and many more.

With the region’s infrastructure development moving at a fast pace, it is only obvious that the real estate sector will also peak very soon. It is thus, a good time to invest in the new projects in Virar and make the most of this growth story.

About the Author

Sonali Patel has worked in several reputed real estate companies in Mumbai. Currently, she has expert knowledge and wrote blogs about real estate trends and give tips on buying flats in Mumbai.

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Author: Sonali Patel

Sonali Patel

Member since: Jan 24, 2018
Published articles: 30

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