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About Vashi
Vashi is a residential area located in Navi Mumbai, along the Mumbai-Pune Highway. The Vashi PIN code is 400703 and it is well-connected to localities in Navi Mumbai such as Kopar Khairane, Ghansoli, Airoli, and Nerul. It is also close to the commercial hub of CBD Belapur. Vashi's strategic location and developed social and civic infrastructure make it a preferred spot for homeowners and investors looking for property options in Navi Mumbai.
Vashi Mumbai is a locality in Navi Mumbai that is home to many professionals working in the various industrial sectors in Navi Mumbai. It has a cosmopolitan culture with people from all over India and abroad living here. Residents have a busy lifestyle due to the many MNCs located in the nearby industrial areas. However, people also enjoy leisure activities on the beaches of Vashi. The culture is a mix of people celebrating all major Indian festivals as well as foreign cultures. It is a great place for nuclear families and young professionals looking for property investment and residency.
Physical Infrastructure of Vashi
Vashi has excellent transportation connectivity with the rest of Navi Mumbai and Mumbai. It is serviced by the Harbour line of the Mumbai Suburban railway, with the main Vashi railway station providing direct access to Mumbai CST. The Sion Panvel Highway and the upcoming Navi Mumbai Metro line further enhance connectivity.
Vashi is located right off the Mumbai-Pune Expressway, the largest road infrastructure project in India. The area is also well-served by a network of roads and flyovers managed by CIDCO. Overall, the physical infrastructure makes Vashi an attractive residential destination and you can access the Vashi map to check the routes.
Social and Retail Infrastructure of Vashi
Vashi is well-equipped with social infrastructure to meet day-to-day requirements. Some of the top schools in the area include ORCHIDS The International School, Smt Sushiladevi Deshmukh Vidyalaya, and St. Lawrence High School. For higher education, Father Agnel Multipurpose School & Jr College, and Gaurav High School & Jr College are popular options.
Residents can access medical facilities at Fortis Hiranandani Hospital and MGM New Bombay Hospital. Vashi APMC Wholesale Market is one of the largest wholesale markets in the city. Some of the prominent malls where residents can shop and dine include Inorbit Mall, offering high-street and luxury brands, Raghuleela Mall which houses national retailers, and the upcoming Lulu Mall.
Real Estate Market Trends and Rental Demand in Vashi
Excellent connectivity and social infrastructure have led to rising Vashi property prices over the past few years. 3BHK properties are available from Rs. 99 lakhs to Rs. 5 cr while 2BHK flats are priced between Rs. 12 lakhs to Rs. 2.76 cr. Rental values have also been appreciated due to the large migrant population and students seeking housing close to colleges.
Tenants can find 3BHK units from Rs. 40,000 to Rs. 1 lakh per month, and 2BHK flats are rented from Rs. 5,500 to Rs. 65,000 monthly. Ongoing infrastructure projects will likely improve connectivity further, and Vashi property rates are set to rise. Prospective buyers and investors can leverage current rates before prices inflate.
Top Employment Hubs in Vashi
With its proximity to Navi Mumbai's commercial centres, Vashi residents have access to many job opportunities in the vicinity. Some of the top employment hubs near Vashi include:
- LOMA IT PARK - 6.2 km
- Sigma IT Park - 9 km
- Apeejay Business Centre, Vashi - 1 km
- Orange Business Services, Vashi - 1.1 km
- The Corporate Park, Vashi - 2 km
Famous Sub-Localities in Vashi
Vashi comprises several well-developed sub-localities that make it a self-sufficient micro-market. Some of the famous sub-localities in Vashi are:
- Sanpada
- Kopar Khairane
- Juinagar
- Turbhe
- Nerul
Things to Do in Vashi
As one of the major locales in Navi Mumbai, Vashi is well-served with parks, attractions, and recreational spots for residents of all ages. Some of the top things to do in Vashi are:
D Y Patil Sports Stadium:
One of the largest private stadiums in India located in Nerul. It regularly hosts IPL cricket matches and international sports events.
Central Park Ghansoli:
A sprawling urban green space developed over 200 acres with gardens, play areas, and trails. Perfect for weekend family strolls and jogs.
Pandavkada Waterfalls:
A scenic three-tiered waterfall nestled in the forested hills and a great place for hiking and natural photography.
Owe Dam/Lake:
An artificial lake created by the Owe Dam offers boating and fishing. It is visited for its serene atmosphere and scenic backdrop of hills.
Jewel of Navi Mumbai (JNM):
Situated along the Mumbai-Pune highway, JNM is a 1 km stretch dedicated to adventure sports. Paragliding, Burma Bridge, and Valley Crossing are popular activities held here.
Conclusion
Vashi being a locality in Navi Mumbai has witnessed strong growth in the real estate sector over the years. There are several residential and commercial projects available within the 10-12 km range of Vashi. Some key advantages include:
What’s Good about the Locality:
- Proximity to business hubs like Belapur, Seawoods, and NERUL
- Good social infrastructure with hospitals, malls, and markets
- Upcoming Metro connectivity from Belapur station
- Developed road network and access to Western Express Highway
- Availability of properties in various budget categories
While infrastructure has improved significantly, certain challenges remain for Vashi Realty. These include high property prices compared to other parts of Navi Mumbai.
What’s not Good about the Locality
- Traffic congestion during peak hours and
- Lack of open or green spaces in some areas are other aspects that need more focus in the master planning and development of upcoming real estate projects.
