Mira Road, which is overseen by the Mira-Bhayandar Municipal Corporation. Has become one of the fastest-growing real estate markets in the Mumbai Metropolitan Region (MMR). The stretch has everything, from excellent connections to strong infrastructure. To a diverse range of residential options, making it a potential investment hotspot.

With rising property prices and a scarcity of small homes across Mumbai, Mira Road has emerged as the new hotspot for real estate investors. Due to competitive property pricing, a surge in residential projects, rising immigration in the neighboring commercial areas of Malad, Borivali, and Kandivali established social infrastructure, and enhanced connectivity, the stretch has attracted increased interest from homeowners.

Are you looking for new projects in Mira Road?

The following are the five key factors that have formed Mira Road via moment:

1) The best possible connectivity

Mira Road is located on the western line of the Mumbai suburban train and provides quick access to Navi Mumbai, Thane, and the central and southern parts of the city. The Western Express Highway, which links it to the international airport, is roughly half a kilometer away. Mira Road Railway Station, about three kilometers away, is the nearest railway station. In addition, the state government has planned a number of construction projects. Within the Mumbai Metropolitan Region (MMR) that are supposed to improve the stretch’s connectivity.

2) Business profile

“The existence of many manufacturing businesses such as Indofab Industries, Bombay Bottles Manufacturing Industries, and Chemo Fab Industries Ltd has greatly benefited Mira Road.” The Western Expressway Highway connects the commercial area of Bandra Kurla Complex (BKC) with Lower Parel. Despite the fact that they are only 30 and 36 kilometers apart, the highway cuts travel time and provide a stress-free journey for daily commuters. Mira Road also has a variety of business prospects, including everything from retail shops to commercial buildings.

3) Affordability and residential options

While the western side of the railway line is covered in mangroves and salt pan lands, the eastern side has seen the most development, including places like Geeta Nagar, Golden Nest, Swaght Heights, Neminath Heights, and Salasar Greens. Along the stretch, you may find apartments, independent floors, and condos in addition to apartments.

The typical property prices along with the belt range between Rs 7,700 and Rs 8,700 per sq ft. Whereas those in the neighboring suburbs of Kandivali and Malad. Are 30-40 percent more, ranging between Rs 13,900 and Rs 16,200 per sq ft.

4) Infrastructure of social contact

Aside from favorable property values or a good network, the area is home to an expanding number of health facilities, gardens, clubs, shopping centers, and academic facilities. All of which are crucial choice factors for potential homebuyers. Shanti Nagar High School, GCC International School, NL Dalmia, Bhaktivedanta Hospital. And Wockhardt Hospital is among the reputable schools and healthcare facilities. In addition, Maxus Mall and Rssaz Mall are two adjacent shopping malls.

5) Possibility of investment

typical property prices along the length have increased by moreover 50% in the last five years, from Rs 5,700 per sq ft to Rs 8,700 per sq ft, and the trend will continue in the near future. Property prices in several nearby communities, on either hand, have reached saturation and are likely to see minimal price growth in the near region.

New projects in Mira road

Savaliya Avenue In Mira Road

Mira Road’s Savaliya Avenue is a residential development. Shree Savaliya Housing LLP is the developer of the project. They offer beautifully designed flats with all of the basics. Maharashtra RERA has approved it.

Not to be matched, the luxurious yet affordable homes are also meticulously designed, complete with warranties and elevated furnishings. Harvesting rainwater and water conservation techniques are some of the amenities available to environmentally conscious residents. Visitors will enjoy the serenity of this Baramati area, which is well with day-to-day services such as banking, parks, restaurants, stores, and markets. And the Saraswati Shikshan Sanstha is a nearby facility, located around 2.66 km away, while Deshpande hospital, situated approximately 3.19 km away, offers medical support.

Shree Ram Heights

Shree Ram Heights is a residential project that’s been superbly imagined and lovingly developed. The tranquil surroundings, as well as the easy flow of air and natural light, are a boon to the residents who live here. Each distinctive property in the project has signature characteristics due to its refined and contemporary design.

The elegant design apartment creates a great balanced environment for its occupants. Since this project is a perfect mix of design, luxury, and modern amenities, the tower’s residents will enjoy every day of their lives. Shree Ram Heights is the perfect setting to rest, relax, and refresh your senses while living with your family.

Raj Heritage I

Raj Heritage I is a one-of-a-kind lifestyle on Mira Road (E). It Raj Heritage I is a gateway to luxury living with its linked to a higher, well-defined design, and intricate layout plan. A Raj Heritage I offers spacious 1 BHK and 2 BHK homes with the option of great luxury, comfort, and freedom, all designed to change the way you look at life. The  Raj Heritage enhances your life far off from ordinary by optimizing space and providing modern amenities and facilities such as a swimming pool, a gym, as well as a children’s play area. Raj Realty is a prominent property developer in Mumbai, dealing with high residential and commercial projects.

Janki Legacy

Janki Legacy is just a residential project in Mira Bhayandar, Mira Road And Beyond. With the registration number P51700020239, this is a RERA-registered project. It is a construction project with an end date of October 2025. Janki Heritage is a luxury housing property in Mira Road, Mumbai, that covers 2.16 acres and thus is sure to draw attention. Each one of the materials used in the construction of this property is of the best standard and it has been approved by RERA.

Kakad Paradise Phase 2

Kakad Paradise Phase 2, a Kakad Realty project in Mumbai, is built on Mira Road East. It has 1 and 2 bedroom units with sizes ranging from 393 to 579 square feet. By bus and local train, it is well connected with the rest of Mumbai. Banks, schools, and hospitals are all within walking distance. In addition, Kakad Paradise Phase 2 is close to parks, shopping malls, grocery stores, chemists, cafes, and cinemas. Kakad Paradise, a blend of urbanity and city life’s essential luxuries, financial positions living on two acres of lush nature. Instead of the systemic transformation position of Kakad Paradise, which includes 5 towers with a total of 20 stories, gives connection and closeness.

Indradhanush In Mira Road

Sonam Homes has recently launched Indradhanush, a new project in Mumbai’s Mira Road East. However, the possession is supposed to be taken in April 2024. Mira Road and Beyond are well-connected due to an integrated road and public transit network. Nearby are a variety of retail options, academic facilities, hotels, and recreation areas.

The project provides a variety of amenities to address the needs of residents who live a western life. ATMs, health clinics, academic facilities, and playgrounds are all conveniently located in Sonam Indradhanush. During the area is well by a well-developed bus and road system.

Ostwal Horizon In Mira Road

Shree Ostwal Builders Ltd is a very well-known brand in the Indian real estate industry. With offices in Maharashtra, Madhya Pradesh, and Rajasthan. It was established in 1989 with the intention of providing a decent lifestyle through affordable homes. The aim is to fulfill home buyers and establish themselves as a leading company. Their constant goal is to provide world-class concepts and technologies to the real estate expanding industry verticals.

Their primary goal is to build comfortable flats, offices, and shopping malls with opulent amenities, and they are led by a team of highly trained professionals. Some of their past projects, such as Ostwal Orchid, Ostwal Height, and Ostwal Apartment, exhibit a modern and high standard of living. That is in line with the growing economy and aspirations of today’s buyers.

NG Tivoli In Mira Road

RNA N G Tivoli Phase I is new construction by RNA Builders located in Mira Bhayandar on Mira Road East (N.G). This development provides a wide selection of amenities, including. Basically, the project is a preferred choice for home seekers because it is located in prominent Mira Bhayandar suburbs and has several schools, hospitals, banks, and offices around.

Hibiscus Heights In Mira Road

Accordingly, this project is currently in development, with possession scheduled on June 23. Thane East in Thane is very well by road to many parts of Mumbai. Also, the social infrastructure of the neighborhood is well-developed. Educational institutions, hospitals, and bank and ATM offices are all within walking distance.

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