Governed by the Mira-Bhayandar Municipal Corporation, Mira Road has emerged as one of the fastest-growing real estate markets in the Mumbai Metropolitan Region (MMR). From paramount connectivity, sound infrastructure to an array of residential opportunities, the stretch has it all, making it a potential investment hub.
Top 5 reason to invest in mira road:-
1)CONNECTIVITY
Located on the western line of the Mumbai suburban railway, Mira Road offers hassle-free connectivity to Navi Mumbai, Thane and central and southern areas of Mumbai.
2) Commercial profile
“Mira Road has immensely benefitted from the presence of several manufacturing industries such as Indofab Industries, Bombay Bottles manufacturing industries and Chemo Fab Industries Ltd. The commercial hub Bandra Kurla Complex (BKC) and Lower Parel are also accessible via Western Expressway Highway.
3) Affordability and residential opportunities
While mangroves and salt pan lands cover the western side of the railway line, most of the development has been on the eastern side comprising a cluster of localities such as Geeta Nagar, Golden Nest, Swaght Heights, Neminath Heights and Salasar Greens.
4) Social infrastructure
Apart from the favourable property values and smooth connectivity network, the locality has an increasing number of healthcare centres, public gardens, clubs, shopping malls and educational institutes, which are crucial decision-making factors for prospective homebuyers
5) Investment potential
According to 99acres.com, the average property prices along the stretch have increased by over 50 percent from Rs 5,700 per sq ft to 8,700 per sq ft in the preceding five years, and the trend is expected to continue in the near term.
