Virar is last station in western railway list and is in High demand since 2007 because of the property rates compared to locations beyond bhayander. Current rates of property differs in East and Virar West location just by few hundred rupees per square feet.
Property Rates In Virar (East)
Virar East has developing locations like manvelpada, phulpada, chandansar road, Veer savarkar Road with property rates around 1500/- to 2000/- (Approximate Figures) which area also negotiable with few builders. Lots of ready possession buildings are available for immediate sale. Especially development between Virar and Nalasopara is fastest and can be seen from local train. Property rates are lower in that location because of distance from station. 1bhk, 2bhk flats are available in this locations.
CAUTION : One should check poperty papers properly before purchasing as there are chances of some illegal constructions in this area.
Property Rates in Virar (West)
West location is quite decent and one of the very fastest developing between bhayander and virar. Property rates are comparitively at township locations like, Gokul Township, Virar Gardens, Yashwant Nagar which are just 10 minutes distance from stations from Auto. Good news is in last few months (February, March till June 2009) Rates of new construction residential flats have been dropped upto 1800/- per square feet. And now, by end of june it looks again like getting some hike in Property rates. Still a good deal for some one to invest. 1 bhk flats are less compared to 2 bhks and 3 bhk terrace flats.
Some real good locations to get a ownership home to stay are Gokul Township (Agarwal Group, Mehta, Vinay Unique etc), Virar Gardens (May fair), Yashwant Nagar ( Huge Location with facilities like Swimming Pool etc), Tirupati Nagar, fastest developing Viva College Road connecting highway.