Vasai in Mumbai suburb: An emerging real estate destination
Vasai located in western suburbs of Mumbai is an emerging real estate centre with demand and supply of both residential and commercial sectors are on a rise in the vicinity.
The suburb’s connectivity to Mumbai central business districts (CBD) and availability of affordable capital value apartments drive the demand in the area.
There has been a consistent rise in values from past 6-8 months. The residential capital values noted an average escalation of 10-12 per cent, whereas rental values have increased by 20 per cent during the past six months.
Cheap labour, manpower and low cost of operations is attracting many new industries to set up base in the locality. Physical and social infrastructure such as well built roads, schools, colleges, hospitals and multiplexes are also boosting its potential as a realty destination.
capital value apartments, central business districts (CBD), Cheap labour, Commercial sectors, low cost of operations, Manpower, Mumbai, Mumbai real estate, Mumbai suburbs, Real estate in Mumbai, real estate mumbai, Realty News, Residential Sector, Vasai
