Virar is one of the prominent cities in Maharashtra, and is part of the Mumbai Metropolitan Region as well as Vasai-Virar Municipal Corporation in Thane District. The name originated from the name of Goddess Eka-Viraa and one can still find the ruins of Eka-Vira Devi temple on the banks of Vaitarna River. The slow and gradual transformation of Virar into a cosmopolitan city has resulted in the migration of residents from Mumbai city to residential projects in Virar West.
Transport and Connectivity
Investing in property in Virar West is a wise decision as this locality is accessible from Mumbai via the Western Express Highway which is just 5 km away. There is very good railway connectivity in Virar - the metro rail and Virar railway station provides respite to people from the daily traffic in peak hours. The skywalk near the railway station is uniquely built, as it goes right over the Totale Lake, situated in the backdrop of the huge VVMC Corporation building. A viewing tourist gallery is built in the middle of the 285 metre long skywalk, for people to have a look at the scenic beauty just above the lake. Several projects are in the pipeline which, once implemented, will definitely increase the demand for real estate in Virar West and will put Virar on the realty map of Mumbai. They are:
Education and Health Care
Since this locality is high on the real estate map, people who are interested in investing in Virar West property look for good schools, colleges and hospitals in close proximity. A few of the educational institutions found in and around Virar West include Tree House High School, Muljibhai Mehta International School, St. Xavier High School, Utkarsha Vidyalaya and Viva Institute of Technology among others. Apart from these, there are many reputed hospitals found in this locality, such as Jivadani Hospital, Sahyog Hospital, Aastha Hospital, Siddharth Hospital and Prathmik Arogya Kendra. Having excellent educational institutions and hospitals attracts lots of investors, thereby increasing the number of new projects in Virar West.
Entertainment and Places of Attraction
Being a coastal area, this realty hot-spot has no dearth of entertainment. This area is populated with beach resorts, amusement pa0 rks, recreation centres and sports clubs.
The residents of flats in Virar West can enjoy paragliding at Arnala Beach and Rajodi Beach, enjoy toy trains, giant wheel, water rides etc. in Yazoo Park and Great Escape Water Park. Apart from these, there are temples, churches and heritage spots in great numbers, which are visited by tourists from all over India.
Residential Projects
Virar West Properties for Sale
Virar West has amenities like proper water supply, electricity, etc. apart from being centrally located to prominent localities and having good transport and connectivity. As this area is well-connected to areas like Thane, Borivali, Andheri, Kandivali, Mira Road, etc. via the western railway line, the demand for properties in Virar West has enhanced. Witnessing the trend, many prominent developers have started their construction based on the requirement of the investors. Some of players are Rustomjee, Bhoomi Group, Ekta World, Poonam Group and others, who have projects in the area. Some of the upcoming residential apartments in Virar West include:
Price Trends
The highest price of residential multi-storey flats for sale in Virar West is around Rs. 4700 per square foot and the lowest price is around Rs. 4106 per square foot. The average price is around Rs. 4403 per square foot, and the return on investment has witnessed an increase of 6% q-o-q in June 2013. The average rental price for a commercial office space is around Rs. 6500 to Rs. 8000 per square foot, depending upon the location.
Investing in property in Virar West is a wise decision as this locality is accessible from Mumbai via the Western Express Highway which is just 5 km away. There is very good railway connectivity in Virar - the metro rail and Virar railway station provides respite to people from the daily traffic in peak hours. The skywalk near the railway station is uniquely built, as it goes right over the Totale Lake, situated in the backdrop of the huge VVMC Corporation building. A viewing tourist gallery is built in the middle of the 285 metre long skywalk, for people to have a look at the scenic beauty just above the lake. Several projects are in the pipeline which, once implemented, will definitely increase the demand for real estate in Virar West and will put Virar on the realty map of Mumbai. They are:
- Virar-Alibaug multi-modal corridor project by the MMRDA that, once completed, will provide connectivity to all national highways
- Churchgate-Virar elevated rail corridor
- Internal ring road
- Skywalks
- Conversion of internal road into four-lane road
- Churchgate-Virar Rail corridor
Education and Health Care
Since this locality is high on the real estate map, people who are interested in investing in Virar West property look for good schools, colleges and hospitals in close proximity. A few of the educational institutions found in and around Virar West include Tree House High School, Muljibhai Mehta International School, St. Xavier High School, Utkarsha Vidyalaya and Viva Institute of Technology among others. Apart from these, there are many reputed hospitals found in this locality, such as Jivadani Hospital, Sahyog Hospital, Aastha Hospital, Siddharth Hospital and Prathmik Arogya Kendra. Having excellent educational institutions and hospitals attracts lots of investors, thereby increasing the number of new projects in Virar West.
Entertainment and Places of Attraction
Being a coastal area, this realty hot-spot has no dearth of entertainment. This area is populated with beach resorts, amusement pa0 rks, recreation centres and sports clubs.
The residents of flats in Virar West can enjoy paragliding at Arnala Beach and Rajodi Beach, enjoy toy trains, giant wheel, water rides etc. in Yazoo Park and Great Escape Water Park. Apart from these, there are temples, churches and heritage spots in great numbers, which are visited by tourists from all over India.
Residential Projects
Virar West Properties for Sale
Virar West has amenities like proper water supply, electricity, etc. apart from being centrally located to prominent localities and having good transport and connectivity. As this area is well-connected to areas like Thane, Borivali, Andheri, Kandivali, Mira Road, etc. via the western railway line, the demand for properties in Virar West has enhanced. Witnessing the trend, many prominent developers have started their construction based on the requirement of the investors. Some of players are Rustomjee, Bhoomi Group, Ekta World, Poonam Group and others, who have projects in the area. Some of the upcoming residential apartments in Virar West include:
- Bhoomi Acropolis
- Ekta Parksville
- Agarwal Glory
- Surya Kirti Height
- Shree Shakun Greens
- Viva City
- Star Glorious
- Ionic Ecocity
- Rustomjee Gobal City
- Parshwa Heights
- Vinay Unique Gardens
Price Trends
The highest price of residential multi-storey flats for sale in Virar West is around Rs. 4700 per square foot and the lowest price is around Rs. 4106 per square foot. The average price is around Rs. 4403 per square foot, and the return on investment has witnessed an increase of 6% q-o-q in June 2013. The average rental price for a commercial office space is around Rs. 6500 to Rs. 8000 per square foot, depending upon the location.
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