Vashi is an upmarket residential as well as commercial township

Township

The word township is used to refer to different kinds of settlements in different countries. Township is generally associated with an urban area. However there are many exceptions to this rule. In Australia, the United States, and Canada, they may be settlements too small to be considered urban...

 in the city

City

A city is a relatively large and permanent settlement. Although there is no agreement on how a city is distinguished from a town within general English language meanings, many cities have a particular administrative, legal, or historical status based on local law.For example, in the U.S...

 of Navi Mumbai

Navi Mumbai

Navi Mumbai is a Planned Satellite City on the west coast of the Indian state of Maharashtra. It was developed in 1972 as a twin city of Mumbai, and is the largest planned city on the planet, with under the jurisdiction of the Navi Mumbai Municipal Corporation and a total area of . Navi Mumbai...

. It is a premier city in Navi Mumbai and was one of the first "nodes" developed by CIDCO

City and Industrial Development Corporation

The City and Industrial Development Corporation of Maharashtra or CIDCO is a city planning organization created by the Government of Maharashtra. CIDCO was formed on 17 March 1970 under the Indian Companies Act of 1956...

.
Vashi's reputation of being organized, but not too large or crowded like "the big city", has led to the continued growth of its resident and commuter population. Vashi is among the top ten most developed zones in the Mumbai Metropolitan area.The estimate population of Vashi is around 600,000.