A Comprehensive Overview of Vashi Real Estate Market

Vashi, a neighborhood situated in the metropolitan region of Navi Mumbai, has emerged as a flourishing residential and commercial hub in Maharashtra. Developed by CIDCO, it is widely acknowledged as one of the area’s top ten most developed zones. Vashi is strategically located, surrounded by major thoroughfares such as the Sion-Panvel Highway and Nerul to the South, the Thane-Belapur Road, and Sanpada/Turbhe to the East, Khairane channel and Koparkhairane to the North, and Thane creek to the West. So, if you are planning on buying a flat in Vashi, here are a few things that you must know about the place:

Organized and Well-Planned

Vashi is a meticulously planned locality along the Mumbai-Pune Highway in Navi Mumbai. It offers convenient connectivity to several prominent areas, including Kopar Khairane, Ghansoli, Airoli, Nerul, and CBD Belapur. Vashi boasts relatively affordable residential properties compared to Mumbai, making it an attractive location for homebuyers.

The locality features a blend of quality residential and commercial complexes, primarily comprising small-scale apartment complexes and cooperative housing societies (CHS). Notable residential projects include Silicon Tower, Shiv Shakti CHS, Basera CHS, Swastik Shree Ganesh CHS, and more. Vashi is divided into multiple sectors, with each sector containing several plots. Sectors 1 to 8 are primarily residential, while Sector 17 is designated as the shopping sector, and Sector 30 houses malls and IT buildings.

Good Connectivity

Vashi benefits from excellent physical infrastructure, with seamless road and rail connectivity. The locality is accessible through major roads such as the Mumbai-Pune Highway, Palm Beach Road, Vashi Flyover, and Thane-Belapur Road.

The Harbour Line Railway network serves Vashi, connecting it to several popular localities in Maharashtra, such as Chattrapati Shivaji Terminus (CST), Andheri, Nerul, and Panvel. In addition to railways, BEST and ST bus services operate in the area, providing convenient transportation options.

Additionally, it takes approximately an hour to reach the Chhatrapati Shivaji International Airport, which is 25 km away. Furthermore, the under-construction Navi Mumbai International Airport, located 24 km away, is expected to be fully operational by 2025, further enhancing connectivity and accessibility to Vashi.

Robust Social and Retail Infrastructure

Residents in Vashi enjoy easy access to a wide range of amenities. The locality offers a variety of well-equipped schools, colleges, hospitals, shops, malls, restaurants, and markets.

Some of the most outstanding facilities within proximity include the Father Agnel Multipurpose School and Junior College, St. Lawrence High School, Ryan International School, Avalon Heights International School, Fortis Hiranandani Hospital, MGM New Bombay Hospital, Inorbit Mall, Raghuleela Mall, Vashi APMC Wholesale Market. These amenities cater to the diverse needs of the residents, making Vashi a desirable location to live and work in.

Employment Hub

Vashi is located close to several major employment hubs, making it an ideal location for professionals seeking convenient access to work. The locality is home to several vital offices and industrial units, and it shares easy connectivity with other major employment hubs, including Kopar Khairane, Ghansoli, Airoli, and Mahape.

Notable employment hubs in these areas include the International Infotech Park, Haware Fantasia Business Park, Reliance Corporate Park, Electronic Zone, Millenium Business Park, TTC Industrial Area, and Mindspace SEZ Airoli, among others. With a wide range of employment opportunities in the vicinity, Vashi is an excellent choice for individuals looking to live close to their workplace.

Conclusion

Overall, Vashi’s appeal lies in its diverse offerings, making it an attractive location for people looking for residential properties, commercial spaces, or investment opportunities. We hope this information helps you get a brief idea of the real estate market here, and now buying a flat in Vashi will be much easier for you.