Vasai forms a part of the Vasai-Virar belt, and has emerged as a popular destination over the last decade in Thane. Primary reasons for this growth include the affordable residential housing, big-name developers setting up projects here, connectivity to neighbourhood locations and consistent improvements in infrastructure.
Over the last five to 10 years, increasing real estate prices in and around Mumbai has led middle income-households to further areas such as Vasai. The population growth rate of the Vasai-Virar region has always been higher than the Greater Mumbai and Mumbai Metropolitan Region (MMR), indicating a shift of population to these areas.
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