The real estate sector in India is growing at a rapid pace and the Tier 1 and Tier 2 cities are providing grounds to real estate companies for expansion. Located in the western region, Silvassa and Vapi are two lucrative destinations for people wanting to invest in real estate. Here are five reasons why you should invest in real estate in Silvassa and Vapi.
- Strategic Location
Silvassa city, the capital of Dadra & Nagar Haveli is at a distance of about 18 km. from Vapi. The U.T. is linked with National Highway No. 8. Located near the border of Maharashtra and Gujarat, Vapi is situated near the banks of the Daman Ganga River and surrounded by the union territory Dadra and Nagar Haveli. Both cities are close to large metropolitan cities like Surat and Mumbai which increases their appeal for residential and business purposes.
- India’s First Bullet Train
The country’s first bullet train project between Mumbai and Ahmedabad is expected to impact the real estate markets of Vapi and Silvassa in several ways. Vapi is one of the stations on India’s high-speed rail corridor and it will bring Mumbai and its suburbs much closer than you can expect. Currently, it takes around 2-3 hours to travel between Mumbai and Vapi but the bullet train will reduce the travel time to just 25 minutes or less. The arrival of the bullet train will allow you to comfortably stay in Vapi and travel to the office every day without spending hours on local trains. The high-speed connectivity between large cities in the western region is a golden opportunity for people to leave congested areas of Mumbai and Surat and relocate to greener, well-planned cities like Vapi and Silvassa.
- Opportunity to live in Smart City
The government of India has launched an urban renewal and retrofitting program that will help develop smart cities across the country that are citizen-friendly and sustainable. Luckily, both Silvassa and Vapi have found a place in the National Smart Cities Mission and you can expect world-class infrastructure development in these cities. The core infrastructure of a Smart city ensures adequate water supply, assured electric supply, robust IT connectivity and digitization, efficient urban mobility and public transport, safety and security of residents, health and education, good governance(e-governance), and a sustainable environment. Silvassa and Vapi have several ongoing real estate projects and you can find many options. There is no doubt Vapi and Silvassa are attractive locations to purchase your dream home which has enough space for everyone, offers a peaceful atmosphere and the neighborhood fits the current and future lifestyles of residents.
- Amenities Galore
The concept of a dream home is not limited to your personal living space but also includes your surroundings and amenities. Modern lifestyle is hectic and people look for relaxing and entertainment options nearby to get rid of stress. Mumbai and Surat lack space for development and builders cannot offer you much in vertical spaces. On the other hand, Silvassa and Vapi have growing residential hubs and here you can find lifestyle amenities that you can only dream of. Residential projects in Vapi and Silvassa offer abundant lifestyle amenities. By purchasing a home in Vapi and Silvassa, you can get access to live luxury lifestyle without paying a premium price.
- Nature’s Masterpiece of Mountains and Valleys
Silvassa is blessed with lush green landscapes, wildlife sanctuaries, and cultural heritage that attracts visitors. On the other hand, Vapi is known for its enchanting natural sites, pristine beaches, and enthralling local culture. Being on an elevated terrain, Silvassa has a moderate and pleasant climate throughout the year. Almost 53% of the total area of 491 square km is under forest, making this place a famous eco-tourism spot. Silvassa and Vapi are perfect locations for people who don’t like to stay in a concrete jungle. A home in Silvassa or Vapi will allow you to live closer to nature and make your lifestyle more eco-friendly.
With growing residential and commercial demand, these regions present a promising opportunity for real estate investors looking to diversify their portfolios and capitalize on emerging markets.