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Infrastructure boom makes Vasai more accessible than ever

Jash Panchamia, management, Suraksha Smart City explains how Vasai is gaining importance in the real estate segment.

From being a tranquil suburb not a long time ago, Vasai has rapidly transformed to becoming the  fastest growing residential belt. Improved social and infrastructural development in Vasai has established it as a key gateway to Mumbai. A host of significant investments in small and large-scale infrastructure have ensured a seamless integration of Vasai into the Mumbai Metropolitan Region (MMR). New road networks have supplemented transport links spurring rapid economic growth. This enhanced connectivity is creating a wealth of new residential and commercial opportunities, making Vasai a focal point for investors and homebuyers alike. Vasai’s long coastline relaxes you, its green parks, hillsides, and gardens offer a break from city life, and its mediaeval forts show its rich history and strategic importance.

As state-of-the-art construction technologies and sustainable design elements find their way to residential projects in Vasai, it has emerged as a prime destination for investors and homebuyers alike, promising higher returns of investment and an improved quality of life. Vasai, under the Vasai-Virar Municipal Corporation (VVCMC), is well-served by the Mumbai suburban railway network’s central and western lines, including stations like Virar, Nallasopara, Vasai Road, Naigaon, Juchandra, and Kaman Road. Regular Vasai-Virar Municipal Transport (VVMT) buses are available within the VVCMC region. The VVCMC region is also well-connected to Thane through Thane Municipal Transport (TMT) and Maharashtra State Road Transport Corporation (ST) services. With improved infrastructure making Vasai more accessible than ever, it can become a permanent home for daily commuters from locations like Dahanu, Vapi, Valsad, Umargaon, and Silvasa.

Modern construction methods like precast construction, which are durable and efficient, are driving the Vasai real estate development. This advanced technology, along with sustainable and modern design, is elevating construction standards. Besides, the availability of essential social infrastructure such as schools, hospitals, and recreational facilities, have contributed to enhancing the overall living experience for residents. Vasai’s development depends on green spaces and sustainability. Developers are including parks and other green spaces in their projects to create a balanced urban environment. Due to Vasai’s strategic location and excellent ROI, developers and homeowners are drawn to this sustainability focus.

Ongoing infrastructure projects are poised to transform the region’s future, enhancing connectivity and stimulating growth on multiple fronts. The proposed Virar-Alibaug corridor, linking Virar to Alibaug via major national highways like NH-3, NH-4, and NH-8, will significantly reduce travel time and improve access to key industrial and commercial hubs, including the proposed Navi Mumbai International Airport and Nhava Sheva Port. Alongside this transformative project, several other upcoming infrastructure projects are set to reshape the region comprehensively. Transportation between Mumbai and Ahmedabad will be faster thanks to the bullet train, boosting economic links and accessibility. The Vasai-Diva-Panvel railway line extension will improve suburban and industrial transport. The Mumbai Coastal Road offers a speedier, picturesque route along the western shore, while the Mira Road-Virar metro section eases urban commuting.

The Bhayander-Vasai Sea Link will further enhance connectivity, reducing congestion and travel time. Additionally, the Vasai Outstation Terminal will emerge as a pivotal hub for long-distance travel, amplifying the region’s transport infrastructure. These collective efforts are poised not only to enhance daily commutes and logistics but also to give a push to significant economic growth and development across the region. Vasai’s proximity to important areas like Thane, Mira Road and Borivali, makes it an attractive option for those working in Thane and nearby MIDC’s but seeking more affordable housing. The establishment of modern amenities, educational institutions, healthcare facilities, and recreational spaces is enhancing the overall living experience in Vasai and adding intrinsic value to properties. Vasai-Virar’s development is not just limited to infrastructure. The area already home to small-scale industries is seeing a surge in a new breed of companies, IT/ITeS setting shop. This will add to job creation, provide for opportunities and attract homebuyers. The availability of land parcels offers immense potential for real estate development, catering to a wide range of preferences from compact 1 BHK apartments to spacious 4 BHK flats.

Integrated townships in Vasai are fostering a sense of community by offering comprehensive lifestyle amenities. This holistic approach to development is enhancing overall living standards, making Vasai an increasingly attractive destination for investors. The region’s inclusion in the MMR limits and its rapid growth in connectivity and infrastructure signify a promising future, with property values poised to appreciate and offer substantial returns over time. As we look ahead, Vasai is set to further emerge into a real estate investment destination, driven by its strategic location, enhanced connectivity, and robust infrastructure development. The region’s growth trajectory suggests that it will continue to attract both developers and homebuyers, reinforcing its position as a key destination in the expanding Mumbai real estate market.