By Aditya N. Shah, Director, Mayfair Housing

Virar on the Move: Connectivity, Affordability and Lifestyle Converge

Virar

The development of the real estate market in the Mumbai Metropolitan Region has largely been shaped on the basis of commuting patterns, price-point, infrastructure, and lifestyle amenities. These are elements that together define the quality of living in any urban set up. Mumbai’s real estate landscape has seen dynamic growth with location being at the forefront of drawing homebuyers and investors.

If we are to look at the MMR real estate market, property prices in areas that are central have soared beyond reach for many. This has prompted the opening of developments in many other suburbs emerging as a compelling alternative while offering an excellent possibility of growth and liveability.

This is a new wave of opportunity that the suburb of Virar has exemplified. Being located on the northern edge of Mumbai’ with access to the Western Railway suburban line, Virar is the story of a peripheral town to a thriving residential and commercial hotspot. Gaining on this aspect, property prices in Virar average around Rs. 5,200 to Rs. 6,500 per square foot-significantly more affordable than Mumbai’s core suburbs, according to recent data.

This makes it particularly attractive for first-time homebuyers and young families, looking for quality homes without having to compromise on connectivity or amenities. Vasai’s affordability, combined with a steady rise in social infrastructure such as schools, healthcare facilities, and retail centres, has led to the area offering a holistic living environment, that has managed to appeal to a broader demographic.

The rapidly improving connectivity of Virar is an attribute of Virar’s transformation. Be it a terminus on Mumbai’s Western Railway suburban line, providing seamless access to Mumbai’s commercial districts. The upcoming Metro Route 13, connecting Vasai-Virar to Mira-Bhayandar with 20 stations, promises to further ease intra-regional travel.

Virar in recent years, has managed to improve its connectivity exponentially, which in turn has contributed to its massive transformation. A key terminus on Mumbai’s Western Railway suburban line, Virar provides seamless access to Mumbai’s commercial districts. The upcoming Metro Route 13, connecting Vasai-Virar to Mira-Bhayandar with 20 stations, will further make intra-regional travel easy. Moving on, with the Virar-Alibaug Multimodal Corridor and the Versova-Virar Sea Link coming up, Virar will become a closer part of MMR, drastically reducing travel time, while providing impetus to economic activity as well.

The Versova-Virar Sea Link, in particular, is a humongous Rs 16,578 crore project spanning over 21 kilometres, that will feature wider traffic lanes and dedicated commercial vehicle access, significantly easing congestion along existing routes, while also protecting the coastal ecosystem. These developments are currently underway, and are massively boosting real estate, with an expected 10-15 percent appreciation over the next five years.

Eventually, Mumbai's prime coastal road is set to extend to Virar, through a staggering Rs. 54,000 crore investment from the Japanese government. Once completed, this extension will bring down travel time between Nariman Point and Virar to just 35-40 minutes, a drastic drop from the current situation. The coastal road will span nearly 30 kilometres along Mumbai’s western coastline integrating with other key infrastructure projects such as the Bandra-Worli Sea Link and the Uttan-Virar Sea Link. Over a period of time, these projects will streamline travel, improve infrastructure, and transform the real estate of the entire region.

When it comes to Virar's housing landscape, it is uniquely versatile, catering to diverse buyers. From affordable and compact 1 BHK apartments, perfect for couples and professionals, to spacious 2-3 BHK homes designed for growing families, developers have opened inventories that make sure Virar has something for everyone. When it comes to fostering community living and quality of life, the integrated townships and gated communities in Virar provide key amenities such as clubhouses, sports playgrounds, walking paths, gardens and retail spaces. This diversity is key to areas landscape and ensures that no matter what the budget or needs of the homebuyer are, the region will provide that, and that too, within budget.

Furthermore, the planned Mumbai-Ahmedabad High-Speed Rail corridor, which will feature a dedicated bullet train station in the Virar region, will further improve connectivity. The station, located near Moregaon in Nalasopara East, will give way to further economic development and urban transformation. Designed in collaboration with Japanese experts, the Virar bullet train station will not only drastically reduce travel times to key cities but also promote transit-oriented development. This in turn, will go a long way in helping Virar's real estate market, making it an ideal future-ready residential, and investment destination.

When it comes to quality of life beyond the real estate market, Virar is known for its quaint way of life, surrounded by natural and recreational attractions, such as Rajodi and Arnala beaches, heritage sites like Takmak Fort, and family spots including water parks and resorts. These features, accompanied by the commercial infrastructure, has led to a surge in office spaces, retail hubs, and community facilities, further elevating Virar as a self-sustaining region.

Also Read: Namma Metro 2.0 - The New Blueprint for Smart Investments

Virar of the future will be an upgrade to its excellent suburban living offering. With the convergence of key projects like the Coastal Road extension, Versova-Virar Sea Link, bullet train connectivity, and expanding metro networks, Virar will become one of the key self-sustaining hubs of MMR. Drawing investors and home buyers alike, for Virar with the right opportunities, elite lifestyle and future-ready infrastructure being created, make it an ideal choice for long term housing/investment plans.

About the Author: Aditya Nayan Shah, Director, Mayfair Housing, is among the next-generation entrepreneurs contributing to Mumbai’s real estate sector. Having always been surrounded by the intricacies of property development as a child, Aditya developed a natural affinity for the business, which laid the foundation for his dynamic leadership. With a clear understanding of the shifting trends in Mumbai’s real estate market—from mixed-use spaces to smart homes—he is dedicated to creating developments that enhance quality of life and resonate with a global outlook.

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