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How is Suraksha Smart City Shaping Vasai's Real Estate Market

Author
Blox Social
Posted on
Jun 5, 2023
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Smart city projects are fast becoming catalysts of economic and real estate development throughout several regions in India over the last few years. Vasai is no exception to this trend. This popular residential locality in the Palghar District is home to several real estate projects while offering good connectivity through the National Highway 48, Ghodbunder Road and Western Railway Line. 

The airport is only 47 kilometres away from the Vasai-Virar stretch, while the railway station is 6 kilometres away. Hence, there is a sizeable demand for residential units in the area, including 1, 2, and 3 BHK apartments. At the same time, an innovative project called Suraksha Smart City has become a harbinger of real estate growth for the Vasai property market lately. Here’s learning more about the same. 

Suraksha Smart City- Revolutionising Vasai Realty 

Suraksha Smart City is a mega township that is being developed in phases throughout Vasai (E). It has sparked huge demand for housing units in the locality and should boost the market for several years to come. Here are some key features of this massive project: 

  • Suraksha Smart City is located at a walkable distance from the Vasai Road railway station. 
  • It offers modern living across more than 300 acres with cutting-edge construction and precast technologies. 
  • The township has been designed with inspiration drawn from the five core elements of nature. 
  • Coming up in multiple phases, it will soon encompass educational institutions, playgrounds, hospitals, community centres and markets, among other amenities. 
  • The first phase has 1 BHK apartments with carpet areas of 283 sq. ft. as per RERA. These are being offered at low prices for buyers. 

Now that you have an idea of the project, here are a few other details of the amenities and locational aspects. The project is billed to bring about unmatched lifestyles for residents with its strategic location. 

Connectivity and Future Developments

The entire region will benefit from several upcoming developments, including the following: 

  • Mumbai-Ahmedabad bullet train 
  • Virar-Alibaug multimodal corridor
  • The extension of the Vasai-Diva-Panvel railway line
  • The metro corridor extension at Dahisar-Mira-Bhayandar
  • The freight corridor of Delhi-Mumbai
  • Bhayandar-Naigaon sea link
  • Mumbai coastal road 
  • Virar-Dahanu railway line extension

These future developments are projected to benefit residents of Suraksha Smart City and boost the realty market in the area. Future commercial developments are also anticipated in Vasai-Virar as a result. 

Here are some of the connectivity benefits of this project: 

  • Schools- Convent English High School (2 km), Vidya Vikasini English High School (2.9 km), EuroKids Preschool (2.9 km) and others. 
  • Colleges- Holy Family Convent School & College (1.8 km), St. Anne’s Convent School & College (3.7 km) and others. 
  • Hospitals- Indradhanush Hospital (2.5 km), Shreyas Hospital (4 km) and Astha Hospital (3.6 km). 
  • Shopping and Recreational Centres- Carnival Cinemas, Dreams Mall (1.8 km), The Capital Mall (4.6 km), DMart (3.5 km) and others. 

That is not all; residents will also have access to premier lifestyle amenities at Suraksha Smart City. Let us take a closer look at the same. 

Amenities and Special Features

Suraksha Smart City comes with several amenities, including the following: 

  • Basketball court
  • Jogging track
  • Kids’ playing zone
  • Cricket turf
  • Multipurpose turf
  • Badminton court
  • Skating rink
  • Volleyball court
  • Themed garden
  • Butterfly Garden
  • Outdoor gymnasium
  • Yoga and meditation area
  • Clubhouse with swimming pool
  • Amphitheatre
  • Nature trail 
  • Organic farming
  • Activity zone for kids
  • Pebbled pathway
  • Aroma park
  • Rock garden
  • Senior citizen area
  • Rock terraces

The project is a beacon of hope for the Virar-Vasai belt, transforming its residential market and offering quality living experiences to buyers. Suraksha Smart City was initially announced by MHADA (Maharashtra Housing and Area Development Authority) earlier. 

The authority is planning to develop 75,981 affordable homes under the PPP (public-private-partnership) model. You can find more information about the project at Blox. This project will catapult Vasai into the mainstream as far as the MMR (Mumbai Metropolitan Region) property market is concerned. With multiple connectivity improvements and infrastructural projects on the anvil, the entire region will transform into a hotbed of future development. The phase-wise development of Suraksha Smart City will keep drawing families and young professionals to Vasai. This augurs well for the growth of the realty industry here.

Real Estate