Yuvraj
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virar property advice required
Q: IHi, I have invested in virar west HDIL layout 2 years back @4400 sq.ft , Intially there were multiple projects from govt planned in this area like elevated corrider , BKC type commercial hub , coastal rd , metro/Mono rail, viara alibaug corrider everthing got cancelled & Moved to navi mumbai , except alibaug corrider but that too without metro & brts lane as planned earlier , the rates have gone down crashing , is there any hope of recovery or rate appreciation , thousands of unsold flats , whats the prospect and horizon ? Request answer in more details if possible plz .

Latest Answer: Right Khushisha, Actually, Yuvraj is seeing the loicality from his points of view but if you look from the buyers and developers points of view the locality is in high demand due to easy connectivity and affordable rates. Almost every real estate company i Mumbai is exploring Virar for launching residential projects. Located in the Thane Districts, it is one of the most affordable suburbs. According to the industry experts, housing sector in this belt might become more attractive in the years to come. It is within an hour's distance from Tarapore MIDC, Mumbai Corporation, Thane Corporation, Navi Mumbai Corporation and Dombivli.

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