Overview of Virar East, Mumbai

Location and Popularity

Virar East is a sought-after locality in Mumbai, famed for its flourishing real estate market and variety of property options. It is one part of the larger Virar which has advanced considerably in the past few years.

Property Options

• Apartments: Found in different sizes and layouts, with average prices about Rs 6,550 per sq ft as of Q3 2024.
• Builder Floors: Also popular, with rates at roughly Rs 6,400 per sq ft as of Q3 2023.
• Independent Houses: These are less frequent, yet they do exist in the region.

Price Trends

• Recent Upsurge: Property values in Virar East have jumped by 15.9% in the past year and by 24.34% as some data reports.
• Long-term Growth: In the past five years, property prices rose by 18.0%, and have zoomed by 54.1% over the last decade.
• Quarterly Changes: Rates have moved quarterly, with an 8% hike from Q2-Q3 2024 for apartments.

Rental Options

• Availability: There are many rentals—1/2/3 BHK flats, builder floors, and commercial spaces.
• Rent Rates: Typical rentals range from Rs 5,000 to Rs 6,500 per sq ft based on location and property type.

Specific Apartments

• Ankita Apartment: Prices here are from Rs 5,000 to Rs 6,500 per sq ft.
• Janaki Apartment: Prices range from Rs 5,000 to Rs 5,500 per sq ft.
• Shiv Darshan CHS: This society offers prices from Rs 5,000 to Rs 6,500 per sq ft.
• Other Places: Similar costs exist in places like Adinath Apartment, Kasturi Apartment, and Mauli Apartment.

Amenities and Lifestyle

• Varied Lifestyle: You can live here from luxury to modern styles.
• Community Amenities: Many societies here offer amenities that boost living quality.

PropertyWala’s Insight

Virar East in Mumbai is a great spot for those buying or renting, thanks to its rising property prices and mix of housing choices. The region continues to grow and has positive trends in prices. However, keep an eye on quarterly price shifts and think over the exact community and kind of dwelling you want for a well-rounded decision.