Vashi is one of the most popular and well-connected destinations for investing in property in Navi Mumbai. There is huge demand for flats for sale in Vashi due to infrastructural growth and rapidly developing social infrastructure. Vashi is one of the best-connected Navi Mumbai nodes, while being the first station in the city after Mankhurd, which is the final station in the Mumbai Suburban region.
Vashi is a highly organised suburban zone which is home to numerous commercial hubs, stores and gated communities. There are leading shopping malls like the Vashi Centre One, Inorbit Mall and the Raghuleela Mall in tandem with other shopping plazas like the Vashi Plaza and Satra Plaza.
Chembur is only 20 minutes away from Vashi and the railway and road networks are both well-developed. It is also a major terminal station for the Trans-Harbour Line and Harbour Line alike. Vashi also offers access to several reputed educational institutions and is home to the APMC (Agricultural Produce Market Committee) where you can buy groceries, food items, spices and a lot more. Some of the top educational institutions here include the Oriental Institute of Management, Fr. Conceicao Rodrigues Institute of Technology, ICLES MotilalJhunjhunwala College, Fr. Agnel Multipurpose School and Junior College, St. Mary’s Multipurpose High School and Junior College and the OES International School.
Some other reasons why Vashi is worth considering for homebuyers
Vashi benefits from its strategic location near the Mumbai-Pune Highway, while offering comparatively affordable property prices than several other Mumbai areas. There are multiple residential projects being developed by top builders while nearby areas include Airoli, Ghansoli, CBD Belapur and KoparKhairane. The Vashi railway station is used by innumerable people to commute daily to Thane or Mumbai. The ChhatrapatiShivaji International Airport is only 25 kilometres away from the neighbourhood.
Being one of the prime areas in Navi Mumbai, Vashi offers all necessary metropolitan and civic infrastructure along with better proximity to industrial zones like Ghansoli and KoparKhairane. The Thane-Belapur Road and Vashi flyover also pass through the locality.
The upcoming Airport Express Line metro railway line will also boost overall connectivity in the region and enhance the growth prospects of real estate in the locality. CIDCO and the MMRDA will jointly collaborate for the network, covering 35 kilometres and 7 stations between the ChhatrapatiShivaji International Airport and the Navi Mumbai International Airport. Trains are expected to run every 20-30 minutes with the total distance being easily accessible within 30 minutes. No MRTS (mass rapid transport system) is currently present between the two airports. The Metro 8 corridor has been included in the MMRDA Metro Master Plan has been in the works from 2014.
The line will be partly elevated and partially underground between the Eastern Express Highway in Ghatkopar and Andheri. The elevated line will go till Mankhurd, using the Ghatkopar-Mankhurd Link Road.
Should you invest in Vashi?
Vashi is one of the best places to invest in real estate. Finding flats for sale in Vashiis comparatively easier with the availability of options at diverse price points in the neighbourhood. The area is highly preferred by families and young professionals for its social amenities and other physical infrastructure.
There are multiple realty projects being developed by top names in the industry. These factors all contribute towards making Vashi a great place to live in Navi Mumbai. It has witnessed sizeable traction over the last few years, and with the metro line expansion, the neighbourhood should become a residential hotspot in the future years.