Virender Kumar, VP Marketing, Arete Group

Vapi is rapidly emerging as a preferred residential hub in South Gujarat ,backed by robust infrastructure and strategic connectivity.. The upcoming Mumbai-Ahmedabad bullet train, expected to provide a  connectivity boost with major cities, positions Vapi as a prime mid-point with immense growth  potential. Vapi also benefits significantly from its proximity to Mumbai and Surat.  Enhanced road networks like the Delhi-Mumbai Industrial Corridor (DMIC) and NH-48 are also driving growth. What further elevates Vapi’s appeal is its proximity to popular tourist destinations like Daman and Silvassa , making it an ideal location for both living and leisure.

The real estate market in Vapi  is thriving due to its vibrant industrial base. In fact, it hosts Asia’s largest industrial estate, and the city has been witnessing rapid overall urbanization,thanks to the  strong demand from the manufacturing sector. As the growing number of industrial workers seek affordable amd mid- segment homes, the city offers many affordable options.   The average property prices ranging between ₹2,400–₹2,950 sq.ft. Price appreciation has been between 8–14 per cent in key locations. Vapi is seeing steady improvements in social and civic infrastructure, and benefits from good rail and road connectivity. Of late, there has been increasing demand for lifestyle  homes in gated communities.

 Today, Vapi boasts of best of brands, hospitals, educational institutes, shopping malls .  The buzzing city has an ideal mix of residential as well commercial real estate. Its strategic location connecting two major financial hubs of Gujarat and Maharashtra and its  seamless connectivity acts as a sentiment  booster for both buyers and investors. Not only people from Gujarat but entrepreneurs from Maharashtra are also investing in Vapi for commercial as well as residential space. . The  growing shift of entrepreneurs and industrialists to the city generates  more  sources of income, bringing  opportunities to boost real estate market of this area.

 Vapi has  transformed  in a big way in the last decade and this is just the beginning .The residential market here is driven by local professionals and regional investors, seeking promising returns in Tier-2 cities. First time homebuyers in and around Vapi are also boosting the market due to lower entry cost and availability of lifestyle homes. Backed by consistent  industrial and commercial expansion, Vapi is turning out to be a very attractive long-term investment destination for investors eyeing Tier 2-3 cities which hold tremendous growth potential, compared to saturated metros.