This is the 13820th most frequent Swedish word.
vårat
"Vårat" is a colloquial form of "vårt" in Swedish, meaning "ours."
Here, 'vårat' is the possessive pronoun indicating ownership for the subject 'our house'.
Vårat hus har en grön trädgård.
Our house has a green garden.
In this instance, 'vårat' denotes possession, specifying that the 'project' belongs to the speaker and their group.
Vi diskuterade vårat projekt under mötet.
We discussed our project during the meeting.
Here, 'vårat' is used to indicate possession or association with the 'neighborhood' being referred to.