Developing New Construction in Virar

 

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Virar, Palghar

One of Mumbai's oldest settlements is Virar, which is located in the Palghar district of the Vasai-Virar Municipal Corporation. As one of the oldest suburbs in the state, it has well-kept streets populated with educated, well-read individuals.

The lively neighbourhood of Virar is a result of the several settlements that surround it. Notable neighbourhoods in the area include Bolinj, Virar East, Agashi, Arnala, and Nalasopara.

Virar's picturesque beaches and ancient sites, which are perfect for leisurely strolls and relaxation, draw both locals and visitors. Among these are Arnala Fort, Arnala Beach, Mamchi Wadi Beach, and St. Peter's Church.

Why Should You Invest in Residential Projects in Virar?

The cost of real estate in the neighbourhood has been steadily rising over the last 10 years. Apartments in Virar often cost Rs. 8,100 per square foot. Apart from the sales of houses or apartments, the pricing trend suggests that real estate in Virar West is a wise investment.
In residential and retail real estate, investors could discover more possibilities at the greatest pricing.

It's encouraging how Virar has been pricing lately. The previous year saw a 6.78% growth in new development in Virar, while the next three and five years saw increases of 18% and 20%, respectively.

Price Trends in Virar

Below is the statistical data to understand the price trends in Virar, Palghar:

Year	Price/Sq. ft
2019	Rs. 7,150
2020	Rs. 7,150
2021	Rs. 7,200
2022	Rs. 8,000
2023	Rs. 8,100

Disclaimer: The prices displayed above are all based on information gathered from many sources. There is no assurance with respect to correctness, completeness, or accuracy. It's advisable to double-check the information because the price might vary.

Top 5 Reasons to Invest in Residential Projects in Virar

1: Perfect Location

The town of Virar in Region Palghar is multiethnic. Vasai-Virar Municipal Corporation was founded as a result of several unfortunate events, despite once being a popular holiday destination.

It has demonstrated the expansion of vacation rentals, homestays, and resorts. The finest amenities and comforts in the city are provided by housing facilities, much to the satisfaction of the renters.

Virar is a great place to invest because of the variety of adult and kid-focused art, music, dance, sports education, and other activities that are offered there.

2: Top Residential Projects and Developers

Thanks to renowned developers, Virar is developing into a fantastic place to live and invest. Below is a list of some well-known Virar new projects and developers:

·         Rustomjee Avenue by Rustomjee.

·         Joyville Virar by Shapoorji Pallonji Real Estate.

·         Mayfair The Promenade by Mayfair Group.

·         Mehta Gokul Aura by Mehta Group.

·         Wadhwana Blu Pearl by Wadhwana Builder.

3: Employment Opportunities

Both locals and foreign investors are drawn to Virar because of the abundance of job opportunities in the area and its real estate needs. A number of prominent IT parks and businesses, such as Boomerang, L&T, Symphony, and Lodha Supremus Powai, are situated in the vicinity. There are no parks nearby that can be compared to HDIL Industrial Park. People seeking meaningful careers are drawn to the park by its appealing attractions and handy location.

4: Commercial and Social Areas

Virar boasts excellent public infrastructure, which includes parks, eateries, medical centres, and educational establishments.

Educational Institutions	Hospitals	Recreational Places
M G M Academys High School and Junior College	Param Maternity and Nursing Hospital	Kanuchi Tiku Vadi- Off-roading area
John XXIII High School	Dr. Vidyanand Raut	Arnala Beach
Viva College of Arts, Commerce and Science	Kalyani Children's Hospital	Manthan Beach Resort& Park
Mulijbhai Mehta International School	Kalpataru Hospital	Arnala Fort
Rustomjee Cambridge International School and Junior College	Mahavir Hospital	Rajhans Waterpark and Resort

5: Ease of Connectivity

From Virar, the Western Express Highway is easily accessible. The Virar-Alibaug Corridor project would significantly improve Virar and Alibaug's road and metro connections.

• Arnala Beach is situated 3.7 miles from Virar West on the Navarput-Umbergothan Road.
• Agashi Road travels 4.2 km in 10 minutes to connect Virar West with the Virar rail station. It's an essential tool for communicating locally.
• On the Western Line of the Mumbai Suburban Railway, Virar is a popular train stop. This line connects Virar West to major railway stations in Mumbai, including Churchgate, Dadar, Bandra, Andheri, and Borivali.
• Agashi Road takes 12 minutes to reach Virar West and Virar Wetlands, a distance of 5.2 km.
• Virar West and other parts of the City are connected by the Western Express Highway (NH 48).
• From Virar, the Mumbai-Ahmedabad Highway (NH 8) is easily accessible. Travelling from Virar to Mumbai and other Maharashtra cities is made simple by this route.