Business & Finance Renting & Real Estate

Why Booking a 1 BHK Flat in Virar Now Can Pay You Rich Dividends in the Future

A 1 BHK flat in Virar could be the perfect solution to your housing problems if you do not have the resources to buy accommodation in Mumbai. For most people, buying a flat in Mumbai is increasingly becoming a pipe dream because prices are touching the stratosphere, not only in the main city but in the outskirts as well.

The possibility of the Virar-Vasai belt emerging as a hot real estate destination in the Western corridor of Mumbai is now looking more realistic than ever before. There is a crying need to find affordable housing for the middle class majority of Mumbai but most spaces ear-marked for low housing projects often end up with builders constructing high-rises and apartment style premium buildings so that they can maximize their profits.

Virar Offers Great Investment Potential

A 1 Bhk Flat In Virar suddenly seems the best option available under the circumstances. The 2011 Census figures show that people are already moving to this belt in large numbers. From over seven lakh people in 2001, Virar has attracted a stupendous 13 lakh people in 2011 which clearly shows that the area has lots to offer to those looking to settle here.

Let's see what potential the place has for future residents.

Virar is the largest station of the Western Railway and within an hour's distance from some important destinations. The Tarapore MIDC is very close by. Thane, Mumbai and Navi Mumbai are easily accessible from Virar by road and rail. The Mumbai Metropolitan Region that extends to Virar will soon be stretched to Dahanu which means you can expect more development in the region. Even the GIDC or Gujarat Industrial Development Corporation is just an hour and half from here.

Once the Virar-Alibaug corridor is built, you can travel from Virar to the new proposed airport in Navi Mumbai and the Nava Sheva Port within 90 minutes. A crucial factor in Virar's development is that it is a primary source of water. The three rivers, Tansa, Vaitarna, and Surya receive more than 100 inches of rainfall every monsoon. It is estimated that in the near future, Thane District will be the primary water resource for Mumbai and surrounding areas.

Excellent Amenities and Smooth Connectivity

Those who cannot afford to buy property in Mumbai must grab the opportunity that Virar is offering at the present. There are excellent educational facilities with over seven major colleges and over 20 junior colleges functioning smoothly here. The place offers great employment opportunities with lots of small and medium scale industries coming up rapidly.

As Mumbai becomes more and more expensive, not only in terms of cost of living but also for investment and buying of real estate, buying a 1 BHK flat in Virar is the smartest decision you can make. With connectivity by road and rail improving in the past three to five years and easy availability of all basic amenities, Virar is definitely the place to be.

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