Overview of Vasur, Vellore

Location and Amenities

Vasur, located in Vellore, is a residential hotspot gaining attention. Its strategic spot and growing amenities make it enticing for families and individuals. It's close to essential facilities - key schools, hospitals, and other important places.

Property Prices

• Residential homes in Vasur usually range from ₹80 lakhs to ₹1 crore, pointing towards a mid-to-high-end market.
• Different sizes, like 2 BHK flats in Vellore, generally cost around ₹45 lakhs. For 3 BHK flats, prices can range from ₹60 lakhs to ₹1 crore based on location and amenities.

Types of Properties

• Residential Properties: Mostly apartments and villas here. Options include 2 BHK and 3 BHK flats, and spacious villas.
• Land Prices: Specific data for Vasur is mixed. But land in other parts of Vellore ranges from ₹2,800 to ₹4,500 per square foot. Areas like Abdullapuram start at ₹1,000 per square foot.

Rental Market

• Rent options are available in Vasur and nearby areas like Pudhuvasur. For instance, a house or villa with 1500 sqft can cost around ₹12,000 monthly.

Infrastructure and Development

• Ongoing projects, including road expansions and new transport systems, boost Vasur. This improves accessibility and adds to the area's growing appeal.
• The Vellore Smart City project will enhance living standards and infrastructure significantly.

Investment Potential

• Significant growth is expected in Vasur's real estate with an annual growth rate of around 10%, due to rising demand and infrastructure improvements.
• Investing here could be profitable. With rising desirability and Vellore's growth, substantial returns are likely.

Neighborhoods and Connectivity

• Vasur is connected to other areas like Katpadi and Sathuvachari, known for their school, hospital proximity, and other key services.

Factors Shaping Property Prices

• Location: Desirability majorly influences property values. Areas near schools, hospitals, and amenities usually cost more.
• Infrastructure: Projects like road expansions and new transport systems raise demand and prices.
• Economic Growth: New industries and job opportunities in Vellore increase real estate demand and higher prices.
• Future Projects: Upcoming projects like Vellore International Airport expansion and new residential projects will positively influence property prices further.

PropertyWala's Wrap Up

Vasur, Vellore, is a great investment and living choice. It boasts living amenities, good connectivity, and promising projects. With steady growth and high demand for homes, Vasur offers potential for growth. It's wise to team up with known builders or agents for better investment decisions.