Tier 2 towns like Vapi and Silvassa, are places where remarkable growth has been noticed in the Gujarat real estate sector, with growing industrialization in place, better connectivity, and urbanization. Traditionally known for their industrial prowess, these towns transform into attractive real estate investment hubs on the wheels of affordable property rates and a growing demand for residential and commercial spaces.
Housing over 1,500 industries in the region, Vapi is one of Asia’s largest industrial estates; it forms the base for this city that is situated in the Valsad district. This has attracted a large number of professional immigrants into town, forming a regular demand in the estate market. Recent studies show that, due to infrastructural development and economical activities, property prices have surged by about 15% in Vapi within the last five years.
Similarly, Silvassa is the capital of the Union Territory of Dadra and Nagar Haveli. Its proximity to Mumbai and Surat gives it an edge. With its industry-friendly and tax-friendly policy, Silvassa has been able to lure a lot of investors in recent years. An uptick has been observed in real estate deals here, and affordable housing projects with commercial spaces have become the main attraction.
The towns of Gujarat are developing under Tier 2, and thus Vapi and Silvassa have immense potential for investors looking toward long-term gains in real estate.
*Sources: Housing.com, Economic Times*
10th Floor, Orbit-2,
Beside Celestial Dreams,
Vesu Canal Road,
Vesu, Surat-395007
10th Floor, Orbit-2,
Beside Celestial Dreams,
Vesu Canal Road,
Vesu, Surat-395007
Pramukh House,
Near MamtaHospital,
Vapi DamanRoad, Chala,
Vapi – 396191
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I want to buy a 2 3 bhk flat in silvasa