Mira Road is a developing residential locality in the western suburbs of Mumbai. Well known for striking a balance of urban amenities with suburban silence, it is among the favorite destinations that luxury real estate seekers seek these days. Infrastructure, connectivity, and lifestyle together make it worth considering people from all walks of lifewhether they are families or working professionals, or investors who are seeking great returns.
About Mira Road
Mira Road is situated at the heart of the city of Mumbai. The locality has a residential appeal with green spaces, well-planned layouts, and proximity to key commercial hubs.
Pincode: 401107
Landmarks: Prime landmarks of Mira Road include proximity to areas like Bhayander, Dahisar, and Kashimira.
Why Mira Road for Real Estate?
Mira Road has emerged as one of the most promising residential localities in Mumbai. Here’s why:
Ideal Location:
In terms of proximity to Major Commercial Complex, Shopping Malls and Medical Complex.
Easy Accessibility to all other places of the Mumbai City using the Western Express Highway and the Mira Bhayander Road
Easy Approach towards local Train and Bus Connectivity
Greens and Quiet Enclaves: ”
Multiple numbers of parks jogging tracks and Open Spaces for sports
Clean surrounding having a feel of both greens and urban feel.
Luxury Residential Projects
There is an array of luxurious apartments, gated communities, and luxury villas in Mira Road to cater to the buyer’s diverse choices.
Real Estate Trends and Property Rates in Mira Road
There has been continuous appreciation in the property values here, which made it an ideal investment location. The place offered premium housing, with all sorts of modern facilities, at cheaper rates than those in central Mumbai.
Property Rates:
– Apartments: ₹8,000 to ₹12,000 per square foot
– Villas and Independent Homes: Starting ₹2.5 Cr
Available Property Types in Mira Road
– Luxury Apartments: With clubhouse, swimming pool, smart home system
– Independent Villas: Suitable for those seeking more private space.
– Commercial Hubs: For offices, retails, etc.
Invest in Mira Road
Mira Road has immense rental income and capital appreciation mainly due to connectivity, amenities, and proximity to employment hubs.
Popular Builders and Projects in Mira Road
Mira Road is one of the prime real estate cities of Mumbai known for high-quality residential and commercial projects by some of the top developers in the city. Some of the prominent names include:
– Lodha Group
– JP Infra
– Ravi Group
– Kalpataru Group
– Shree Ostwal Builders
Lifestyle and Amenities in Mira Road
Mira Road provides a comfort lifestyle, being convenient and luxurious. Here’s what the locality has in store:
Education:
N.L. Dalmia High School
RBK International Academy
S.K. Somaiya Degree College
Singapore International School
Healthcare:
Wockhardt Hospital
Bhakti Vedanta Hospital
Seven Eleven Hospital
Umrao Hospital
Shopping and Dining:
For the shoppers, there is a shopping mall in Maxus Mall and Rassaz Mall for all the shopaholics and a taste of the local Maharashtrian delicacies as well as international cuisine
Popular cafes and fine dining add to the cosmopolitan ambience
Recreational Spaces
Jogging parks and community centers are well spread for recreation
Closeness to Gorai Beach and EsselWorld during weekends
Multiplexes like INOX and Cinepolis add to the entertaining avenues
Connectivity and Transportation
Mira Road is well connected to Mumbai and the adjacent suburbs.
By Road:
It has an excellent connection to the Western Express Highway and Mira-Bhayander Road.
The Dahisar Check Naka and NH-8 connect the city outward.
Travel time is going to decrease more by the proposed coastal road projects.
Public Transport:
The Western Line has regular local train services. BEST buses, auto-rickshaws, and app-based cabs are available.
Airport and Railway Accessibility:
Chhatrapati Shivaji Maharaj International Airport is approximately 25 km away.
– Mira Road is 10 km from Borivali Railway Station.
Future Metro Connectivity:
– Dahisar East to Mira-Bhayander through Mumbai Metro Line 9. The connectivity is going to improve and save more time.
Images and Area Map
Mira Road is a perfectly balanced city having modern architecture as well as a lot of greenery. The clear high-resolution photographs and detailed area maps showing connectivity, landmarks, and residential options make this place more attractive.
Future Growth Potential
Infrastructural developments, like metro connectivity and upgraded roads, will act as a boon for Mira Road real estate. This place is sure to attract luxury residential and commercial projects, hence emerging as the new hotspot for investments in the near future.
Hot Spots:
There would be rising demand for houses as IT parks and commercial zones will be set up in this place. Advanced infrastructure and services due to smart city initiatives will also be planned here.
Why Invest in Mira Road?
Superior Infrastructure:
– Roads are well developed, branded educational institutions, and advanced healthcare facilities.
– Upgraded digital and physical infrastructure by the government.
Appreciation Potential:
– Time-bound growth in property value ensures excellent returns.
– The proximity to infrastructural developments under way attracts more demand.
Strategic Location:
– Close proximity to business hubs, entertainment zones, and natural attractions.
Luxury Housing Demand:
– Increasing demand from NRIs and high net worth individuals for luxury projects.
– Integrated townships and smart cities coming up around Mira Road.
Proximity to Employment Hubs:
– Proximity to IT parks and industrial zones such as Thane and Malad, thereby creating a demand for quality housing.
Rental Yield Potential in the Future:
– Increasing demand from professionals working in IT hubs and corporate offices in the region.
– Mira Road is affordable compared to central Mumbai, thus attracting tenants.
Investment Potential:
– Custom developments and villas plots.
– Panoramic views high-rise apartments with premium facilities.
– Mixed-use opportunities integrating residential spaces with commercial aspects.
Luxury Lifestyle
Mira Road is turning out to be an extremely promising location as homebuyers and investors for luxury lifestyles integrated with all mod-cons. With their unique mix of comfort, convenience, and exclusivity, luxury projects are cropping up at a rapid pace. Giving that future plans emphasize sustainability as well as intelligent living, it’s likely going to revolutionize urban lifestyles with new benchmarks and dimensions.
Community Living
It only keeps on encouraging a community of people with well-planned residential complexes that have club houses, sports facilities, and landscaped gardens. All these are especially to help out families balance their active lifestyle.
Cultural and Entertainment Options:
Mira Road is a cultural melting pot of sorts as it hosts different types of festivals, community events, and cultural programs that bring people together. It has an effervescent entertainment scene in terms of theaters, art galleries, and live music venues.
Green Initiatives:
Local authorities and residential societies have implemented several initiatives for sustainable living such as rainwater harvesting, utilization of solar energy, and waste management programs. Such initiatives attract environmentally conscious buyers and investors.
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