If you are looking for a property investment opportunity in property, then Miraroad should definitely be on your radar. Located in the northern suburbs of Mumbai, Miraroad has emerged as a popular real estate destination in recent years.
Mira Road and Bhayandar fall under the governance of the Mira Bhayandar Municipal Corporation. This region is situated just outside the Mumbai Suburban district and is officially a part of the Thane district. Despite being closer to the island of Mumbai, Mira-Bhayandar lies just outside the city’s limits.
Here are some of the reasons why Miraroad is considered one of the best places for property investment :
Affordable Prices: Miraroad is still relatively affordable compared to other areas in Mumbai. You can get a 1BHK apartment for around 60 lakhs, which is much cheaper than other areas such as Bandra or Juhu. This affordability factor makes it a great choice for first-time homebuyers or investors with a limited budget.
Excellent Connectivity: Miraroad is well connected to other parts of Mumbai through the Western Express Highway and the Mumbai Suburban Railway network. The upcoming Mumbai Metro Line 7 will also connect Miraroad to Mumbai’s business districts, making it a great investment opportunity for those who want to benefit from the city’s growing job market.
Infrastructure Development: The local government has invested heavily in the development of infrastructure in Miraroad. There are several malls, schools, hospitals, and other amenities in the area, making it an attractive location for families and young professionals.
Growing Rental Demand: Miraroad is in high demand among renters due to its affordable prices and excellent connectivity. This makes it a great investment opportunity for those looking for rental income.
Potential for Capital Appreciation: With the increasing demand for real estate in Mumbai, the property prices in Miraroad are expected to appreciate in the coming years. This presents an opportunity for investors to earn a high return on their investment.
Quality of Life: Miraroad is a peaceful and green locality, making it an ideal location for families and individuals looking for a better quality of life. The area has several parks, lakes, and other recreational facilities that make it a great place to live.
Here are some of the best locality places in Miraroad:
- Kanakia Road: Kanakia Road is one of the most popular localities in Miraroad. It is well connected to the Western Express Highway and the Mumbai Suburban Railway network, making it a convenient location for commuters. The area has several malls, schools, hospitals, and other amenities, making it an ideal place for families and young professionals.
- Beverly Park: Beverly Park is a posh locality in Miraroad that is known for its luxury apartments and villas. The area has excellent connectivity to other parts of Mumbai and is well connected to the Mumbai Metro network. It is a great location for those looking for a high-end living experience.
- Shanti Nagar: Shanti Nagar is a quiet residential locality in Miraroad that is ideal for families. The area has several parks and playgrounds, making it a great place for children. It is well connected to other parts of Mumbai through the Western Express Highway and the Mumbai Suburban Railway network.
- Silver Park: Silver Park is a rapidly developing locality in Miraroad that is known for its affordable housing options. It is well connected to other parts of Mumbai through the Western Express Highway and the Mumbai Suburban Railway network. The area has several schools, hospitals, and other amenities, making it a great place for families.
- Mira Bhayandar Road: Mira Bhayandar Road is a major road in Miraroad that is well connected to other parts of Mumbai. The area has several malls, hospitals, and other amenities, making it a great place for families and young professionals. The locality also has several affordable housing options, making it a popular choice among first-time homebuyers.
In conclusion, Miraroad offers an excellent opportunity for property investment in Mumbai. With its affordable prices, excellent connectivity, infrastructure development, growing rental demand, potential for capital appreciation, and quality of life, it is a location worth considering for any real estate investor.
There are several excellent property projects in Miraroad that are worth considering for investment or home ownership.
Here are some of the best property projects in Miraroad:
JP North: JP North is a large-scale residential project that offers a wide range of housing options, including apartments, villas, and row houses. The project boasts of several amenities such as a clubhouse, swimming pool, gymnasium, and more.
MICL: Aradhya and parkwood is a popular residential project in Miraroad developed by the renowned real estate developer, Man Infraconstruction Limited (MICL). The project offers spacious 1BHK and 2BHK apartments in a prime location in Miraroad.
Srishti kalpatru miraroad is a popular residential project located in the prime location of Miraroad in Mumbai. Developed by the well-known real estate developer, Srishti Group, the project offers spacious and luxurious 2BHK and 3BHK apartments.
To purchase any property in miraroad or in any place in Mumbai please contact us. Our expert will help you to find best property as per your requirement.
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