Miraroad : A Real Estate Marvel Unveiled
Updated : December 1, 2023
One of the rapidly developing localities of Mumbai, Mira Road is located in Thane and offers seamless connectivity to both Mumbai and Navi Mumbai. Part of the Mira-Bhayandar region, it is located close to the Western Express highway and Mira road station and also has excellent road network and public transport facilities offering connectivity to important commercial and social hubs of Mumbai and Navi Mumbai. The locality has important civic amenities like hospitals such as Wockhardt, Balaji Hospital, Life-Line Hospital, schools like N.L. Dalmia High School, Holy Cross Convent High School, St. Xavier's High School, important shopping destinations like Thakur Mall, Maxus Mall, Star Bazaar, cafes, restaurants, multiplexes like Cinemax and many more. Easy connectivity meets sustainable development at Mira Road and drives the demand for realty here.
Property Rate in Mira Road
The development of Mira Road unveils a past marked by intriguing twists, from Portuguese rule to British governance. In 1870, a vast estate spanning 3,688 acres encompassing Ghodbunder, Bhayander, and Mira was leased to Mr. Ramchandra Laxmanji of Bombay. The remarkable part? This lease stretched across an astounding 999 years, all in exchange for a yearly rent of a mere Rs. 6,790. The property rate in Mira Road narrates a fascinating tale of growth. In 2005, a mere Rs. 800 – 1,500 per sq ft secured a piece of this haven. A decade later, in 2018, the real estate landscape underwent a metamorphosis, witnessing rates ascend to Rs. 6,000 – 9,000 per sq ft. Mira Road became a canvas where dreams of owning luxurious homes became a reality.
The starting price of a 1 BHK in Mira Road begins at Rs. 3,214 per sq. ft., while the average price is around Rs. 9,337 per sq. ft. The trends indicate that now is a profitable time for those looking to buy and those considering selling their properties on Mira Road. With 3654 properties listed for sale in Mira Road, many choices are available for investment. In light of Mira Road’s rising price trends and the evident surge in demand, the region is undeniably poised as a promising future investment. Its reputation as a sought-after working and residential location in Mumbai is strengthened by the abundance of commercial centres within and around the area. So, whether you’re an investor seeking potential or a home seeker looking for a 2 BHK in Mira Road with a thriving community, Mira Road West has something special to offer.
Location Benefits of Mira Road
Nestled on the northern expanse of Salsette Island and the Konkan region, Mira Road exudes a distinct charm that sets it apart. Teaming up with Bhayandar, this dynamic duo falls under the wing of the Mira Bhayandar Municipal Corporation. Though located just beyond the Mumbai Suburban District, it officially claims its allegiance to the Thane district despite being a stone’s throw away from the Mumbai island. Spanning a sprawling 79 sq. km., the Mira-Bhayandar region is a mosaic of intriguing elements. A meandering marshy creek separates Mira Road from the bustling heart of Mumbai. To the north lies Vasai Creek, while the east boasts the majestic expanse of Sanjay Gandhi National Park and the Uttan coast. Utility services and transport are the veins that pulse life into this thriving hub. Power from the Bombay Suburban Electric Supply (BSES), MTNL telecom services, and the ubiquitous BEST bus network paint a canvas of convenience. A well-connected railway station is a testament to the integration of Mira Road into the Western Suburban Railway line. Living in Mira Road East isn’t about the dimensions of your residence, be it a cosy 1 BHK flat or a spacious 2 BHK apartment. It’s about the symphony of essential amenities that orchestrates your life. The benefits of this locale are aplenty, woven intricately into the fabric of daily life.
Central to this transformation is the sheer convenience that Mira Road offers. Projects strategically placed within its heart grant access to the station and highway, mere steps away. This dual boon translates to saved time and fuel while on the move and proximity to schools and medical facilities on a 5-10 minute stroll. A thriving network of five gas stations and numerous vehicle service points underscores Mira Road’s commitment to creating a seamless lifestyle.
Wrapping Up
Mira Road is a testament to transformation and promise in real estate. Its rich history, thriving amenities, and strategic location make it a canvas where dreams of luxurious living become a reality. From its humble beginnings as a salt-panned landscape to its current status as a glimmering suburb, Mira Road has written a story of evolution and growth.
With 2700+ residential apartments, 200+ offices & shops, and extensive facilities, AsimtA Group has put Mira Road at the root of development. Since then, the Group has ventured into different aspects and brought forward the AsmitA Club, AsmitA Organic Farms, AsmitA Junior College, AsmitA Architecture College, and Umrao Institute of Medical Science and Research. It also offers Universal AsmitA High School, AsmitA Education & Healthcare Foundation, and Sultan Khan Educational Trust. So, why wait? Invest in Mira Road’s finest properties now.