Affording Housing Available In Virar-Palghar-Boisar

Mumbai is a highly chaotic and over-populated cosmopolitan city. It is difficult to find comfortable, spacious but affordable housing in the city. Lower-income or even middle-class households find it difficult to acquire a sprawling but budget-friendly home that features all the amenities in the heart of the metropolitan. This has led to people venturing out of the city and explore neighbouring localities and smaller cities nearby for apartments that are light on the wallet. In turn, this resulted in cities like Virar and town such as Palghar and Boisar to become prime properties for those desiring an affordable but spacious home. 

In the last few years, the Virar-Palghar-Boisar stretch ought to be considered when it comes to reasonably-rated housing. There are numerous projecting providing numerous home options in the range of Rs.27-60 lakhs. Residential projects based in these locations, deliver configurations of 1, 2 and 3-BHK units. Out of these places, Virar is more sought after as compared to Palghar and Boisar. Even though Virar is costlier as compared to Palghar and Boisar, it is still far cheaper when pitted against the island city. The values are well within reach and flats in Virar can easily be afforded by middle-class citizens. 

The maximum requirement is viewed for 1-BHK units subsequently followed by 2 BHK flats in Virar as well as the other two locations. As these are budget-friendly homes, there is a massive demand for these homes. As majority of the end-users are people working in the industrial areas around Palghar and Boisar, they have restricted budgets. The need is seen mainly for 1 BHK as well as 2 BHK flats. Since there is an increased requirement for housing, demand is expected to escalate in these locations, especially in Palghar and Boisar, which have more land parcels, as opposed to Virar. The surge in demand is anticipated to raise capital values. 

The connectivity offered by the Virar-Palghar-Boisar stretch is one of the reasons for the boost in the sale for low-cost and affordable homes in this area. Among the three, the demand for acquiring a property in Virar has witnessed a boost since it is located on the western line of Mumbai Suburban railway and provides regular trains to prime places in Mumbai. Other reasons include consistent water supply, additional power facilities and well-connected roads that have contributed to the commercial as well as residential development in Virar. 

Scarcity of land in the over-crowded Mumbai has compelled developers to build sprawling but affordable homes elsewhere. The Virar-Palghar-Boisar stretch is one such location that delivers enticing prospects for the developers to build residential plots in the area. Easy accessibility to the city and the affordable flats are key factors that attract home buyers to this location. 

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