[ecis2016.org] Vashi Road is a neighbourhood of Navi Mumbai. It emerges as both a residential and a commercial hub of Maharashtra.
Vashi was developed by CIDCO. Vashi is surrounded by the Sion- Highway and Nerul to the South,
You are reading: Vashi Road property market: An overview
the Thane- Road and Sanpada/Turbhe to the East, Khairane channel and Koparkhairane to the North
and Thane creek to the West. Vashi Road is an hour drive from the centre of Vashi. Some of the
prominent builders investing in Vashi Road include – Swastik Group, Builders and Sunny Buildtech.
Connectivity with nearby Vashi Road localities:
The locality is well connected to various developed areas and a number of hotels, schools, banks and
hospitals via an excellent network of railways and roadways.
Harbour Line Railway network serves the locality and connects to various popular localities
of Maharashtra such as Chattrapati Shivaji Terminus (CST), Andheri, Nerul and Panvel
T, BEST and ST bus services are operational here
Vashi enjoys proximity and accessibility to localities of Chembur, Sion, Dadar, Worli, Byculla,
Bandra, Mulund, Bhandup, Ghatkopar, Santacruz, Andheri, Powai, Dindoshi & Borivali.
Employment hubs near Vashi Road:
The locality is witnessing an increase in the population in the recent years owing to its proximity to
various employment hubs. These include –
Mahape IT Park
Dhirubhai Ambani Knowledge City (DAKC)
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Schools in Vashi Road and other social amenities:
Vashi Road, being close to Vashi, provides its residents with all kinds of social amenities to live a
happy and peaceful life. They include various schools and hospitals.
St. Lawrence High School
Ryan International
Avalon Heights International School
ICL High School
Institute of Engineering & Management Studiesand many others enjoy being the famous
names of educational institutions in and around Vashi Road.
Of the social amenities provided by Vashi Road, the major health institution dominating the locality
includes –
PKC Hospital
M J Hospital
Sadhna Hospital.
Apart from these it also provides the luxury of enjoying recreational amenities and proximity to
various banks and ATMs.
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The locality also provides its residents with many luxurious shopping centres such as –
In Mall
Raghuleela Mall
Physical infrastructure in Vashi Road:
Water Supply Infrastructure has been planned all over Navi Mumbai including Vashi and
thus Vashi Road too, by the Government
Price trends in Vashi Road:
Price Appreciation – around 50.9 % in last 2 years
Current property rates- INR 11,114 – INR 12,082 per sq ft
Reasons to invest in Vashi Road
Considering the increasing price trends Vashi and the obvious rise in demand, Vashi Road (a region
of Vashi) will definitely prove to be a good investment. The high increase in property prices is a
promising trait to start with. Presence of more and more commercial hubs in and around the locality
is making Vashi Road a coveted working as well as a residential destination of Mumbai.
Big ticket projects like Shah Signature, Sunny Buildtech Orchid Arcade, Baba Homes Solitaire and
Vishrut Construction Barcelona are here to make Vashi a rather posh and coveted residential
neighbourhood.
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Category: Lifestyle