Vashi Road property market: An overview

[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,

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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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 MIDC Trial Area

 The MC Market

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