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Flats Under 3 Crore for sale in Pascal Wadi Versova, Mumbai
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About Properties In Pascal Wadi, Versova, Mumbai for Sale
Overview of Versova
- Versova is an upmarket residential location situated in Andheri.
- It is adjacent to the pristine Arabian Sea and offers breathtaking sea views.
- Beautiful nature spots & a serene atmosphere make Verosa a sought-after place.
- Versova mainly has High-rise Apartments, Multi-storey, and Sea-facing Properties.
- It houses several Bollywood and Entertainment Industries, adding locality value.
- With increasing property values and rental yields, Versova is one of 's most desired real estate investment locations.
- It is home to popular tourist places like Versova Beach and Versova Fort.
- The Pin Code of Versova is 400061.
Versova Residential Market Insights
- The average price for a property in Versova is ₹ 38,100 per square foot.
- Price for 1 BHK apartment in Versova can be between ₹ 41.7 lakh - ₹ 2 crore.
- Price for 2 BHK apartment in Versova can be between ₹ 2.1 crore - ₹ 3.50 crore.
- Price for 3 BHK apartment in Versova can be between ₹ 3.75 crore - ₹ 6 crore.
- Price for 4 BHK apartment in Versova can be between ₹ 6.40 crore - ₹ 20 crore.
- Prices for Sea-facing properties in Versova are generally significantly higher.
- Properties near the beach or with high-end modern amenities also cost more.
- Rental price in Versova is also high due to factors like being near the sea, increasing demand from working people, proximity to work hubs, etc.
- The average monthly rent in Versova can be between ₹ 81,000 - ₹ 1,60,000.
- However, the exact property value and rental value in Versova may vary depending on the developer, location of the property, total carpet area, etc.
- The strategic location, improving infrastructure, increasing presence of Bollywood celebrities, etc., have led to increasing property demand in Versova.
Connectivity and Transportation In Versova
- Versova has a dedicated Metro Station on the Blue Metro Line that links to Ghatkopar and serves major connectivity to the locals.
- Nearest Railway Stations to Versova are Andheri Railway Station and Jogeshwari Railway Station, accessible within 5 km.
- Major Roadways that enable vast road connectivity in Versova are Western Express Highway, Juhu Versova Link Road, and Versova Marg.
- Versova is well-connected to all major parts of through various transportation options mentioned above, benefiting the working professionals.
- Versova is connected to Navi Thane, and the Eastern Suburbs via Santacruz Chembur Link Road (SCLR) and Jogeshwari Vikhroli Link Road (JVLR).
- Versova is located close to prominent locations in Western like Andheri West, Juhu, and Madh Island.
- Easy road connectivity to major work hubs has made Versoa a popular rental location.
- Versova is only 8 km away from the Chhatrapati Shivaji Maharaj International Airport.
Social Infrastructure In Versova
- Reputed Hospitals in Versova are Mahima Hospital and Polyclinic, Ark Hospital, Bellevue Multispeciality Hospital, Thunga STH Hospital, CritiCare Asia Multispeciality Hospital, etc.
- Popular Schools and Colleges in Versova are ORCHIDS The International School, St. Mary's High School, Cambridgeshire Play ground and Nursery, Bharatiya Vidya Bhavan's Sardar Patel Institute of Technology, FCAI-Film & Creative Arts Institute, etc.
- Malls in and around Versova like Tirumala Shopping Centre, Infiniti Mall, Citi Mall, Fun Republic Mall, etc., fulfills the shopping needs of the locals in this area.
- Luxury Hotels in Versova like Hotel Occazia Paradise, Hotel De Classico, Hotel Ariana Residency, Hotel West Blue, etc., offer comfortable accommodations.
- Restaurants in Versova like Banana Leaf Restaurant, Kake Da Hotel, The Tanjore Tiffin Room, Gettogether Restaurant, etc., offer residents a fine dining experience.
Employment Opportunities In Versova
- Several Bollywood Hubs, Production Houses, and Casting Agencies are in Versova.
- Industrial Estates like Veera Desai Industrial Estate and Lakshmi Industrial Estates are accessible within 4 km.
- Popular business district, Bandra Kurla Complex is reachable within 11 km from Versova.
- Major business hubs such as MIDC Andheri, NESCO IT Park, SEEPZ SEZ, Mindspace Malad, and Nirlon Knowledge Park are reachable within 5-10 km.
- Important commercial centers like Hiranandani Business Park, Infinity IT Park, Kensington SEZ, etc, are also easily accessible.
- Several other businesses, such as salons, food ventures, small-scale businesses, start-up offices, etc., also offer employment opportunities to the locals.
- The under-construction Oshiwara District Centre is expected to boost employment opportunities in Versova.
Lifestyle In Versova
- Versova offers a posh and comfortable lifestyle to its residents.
- Versova is home to the popular tourist destination Versova Beach, which is known to attract many for a vibrant fishing experience, scenic beauty, and stunning sunset views.
- Juhu Beach is in proximity to Versova and is a famous tourist place in known for its serene atmosphere, picnics, leisurely walks, and delicious local food.
- Versova has several options for dining, entertainment, and cultural activities, offering a quality leisure time for the locals.
- There are many recreational places in Versova like Yuan Thai Spa, Reef Oceanic Adventures, Versova Beach Promenade, Andheri Pranic Healing, Cinépolis, etc.
- Sports and fitness facilities in Versova include Karmveer Sports Complex, The Art of Living Yoga and Meditation Center, Soccerstar India, Andheri Sports Complex, etc., that offer fitness opportunities to the residents.
- Several gardens, parks, and landscaped green spaces in Versova that allow residents to relax or enjoy a refreshing walk.
Safety and Security In Versova
- Versova is a luxurious, posh locality with proper civic facilities.
- Residential buildings and complexes carry out essential security measures to ensure the security of the residents.
- Police patrolling is conducted in the locality 24x7 and is heavier at night, ensuring the safety of the locals.
- Police stations are nearby for easy access to the locals if in need.
Development and Future Prospects In Versova
- Metro Yellow Line 2B is expected to enhance connectivity in Versova, which will be accessible via Andheri West Station.
- The planned cable-stayed flyover will be constructed between Versova and Madh area.
- Lokhandwala Yari Road Bridge is expected to benefit commuters with less travel time.
- Upcoming Versova Bandra Sea Link will be boosting Versova connectivity significantly.
- Several residential projects and township projects are being planned, boosting the real estate market in Versova and meeting the growing housing demand.
Cultural and Community In Versova
- Versova fosters a vibrant, creative, and progressive community.
- People belonging to different cultural backgrounds celebrates diverse festivals and traditions together in this locality, promoting harmony and unity.
- Several religious places in Versova are Hingla Devi Temple, Swami Samarth Temple, Ram Mandir, Pimpaleshwar Shiv Mandir, Our Lady Of Health Church, Madh Church, etc.
- Various cultural centers in Versova such as Mukti Cultural Hub, Versova Social, Bhavans Cultural Centre, Memesys Culture Lab, etc., are known to host a variety of culturals events, community functions, gatherings, celebrations, and more.
- Versova Art Gallery located here is known to showcase a wide range of local art, contributing to the creative atmosphere of Versova.
Environmental Factors In Versova
- There are several nature spots in and around Versova, resulting in a serene environment.
- Gardens and Parks in Versova like Seven Bungalows Garden, Chacha Nehru Garden, Brihanmumbai Municipal Corporation Garden, Oshiwara Garden, etc., add to the green belt of the locality.
- Freedom Fighter Janardhan R. Patil Park is a major source of greenery in Versova.
- The air quality in Versova is moderate, considering the currently ongoing developments in and around the locality.
Flat Configuration In Versova
- Versova locality offers configurations of 1 BHK, 2 BHK, 3 BHK, and 4 BHK flats.
- Apart from apartments, Versova also has Independent Houses, Independent Floors, Villas, Penthouses, etc.
- Some of the properties here also have bare shell units that offer homebuyers good flexibility and ease of customization.
Property Price Growth In Versova
- Prices for property in Versova has witnessed 11.9% growth in the last 3 years.
- YOY price growth for property in Versova is approximately 6.7%.
- Versova real estate market is growing consistently with constant price appreciation over the years due to increasing demand from both buyers and investors.
- With major infrastructural developments like the upcoming Metro Lines and the Versova Bandra Sea Link, it is expected that Versova will have higher future growth.
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