New Projects in Mira Road Mumbai

Mira Road, a part of Mumbai Metropolitan is slowly gaining importance in the real estate in Mumbai. Its proximity to Mumbai city and cost of living has made it a popular residential area. Real estate is the key reason behind the rapid development of Mira-Bhayandar region, which were once a land of agriculture. This suburb of Mumbai gained popularity in late 90s due to economic development.
This locality is well connected to the Mumbai city and to other suburbs with well-laid roads and BEST bus services. It is also connected to Thane through the Ghodbunder Road. Not just buses, the local station on the Western Suburban Railway at Mira Road also makes it easily accessible and well connected to neighbouring cities. The four lane roads connecting Gorai and Bhayandar proposed by MMRDA is also the main reason for a significant growth of real estate in Mira Road Mumbai.
Mira Road properties tops the list of most wanted residential flats in Mumbai. The high cost of living, congested living spaces and hustles of the city have made people to turn head towards suburbs of Mumbai to buy properties. Infrastructure projects have always had a positive impact on the real estate market in any location. The rapid development of western express corridor has contributed to the transformation of real estate trend in Mumbai.
There are several new residential projects coming up in Mira Road. More than 1500 new projects this year has made the town a very popular residential area. To name a few of the new projects in andheri, Raj Exotica in Kashmira, JSB Nakshatra Primus in Tivari, Acropolis in Vihar West, Arkade Art, Salangpur Salasar Aarpan, Unicorn Global Arena, Raj GN Residency, Vinay Unique Gardens, Mangalam Group Gokul Township and much more. Not just these projects there a lot of other projects that are ready to occupy in one or two years.
If your budget is around 20 to 40 lakhs for a single or double bedroom house, then you can go for Unicorn Global Arena project in Naigon East and Acropolis in Virar West. For those looking for flats over 40 lakhs, you have a plenty of choice left before you.
Affordability was earlier the main reason for people to property in mumbai. But though now the prices in Mumbai have also increased a lot, it is still lower when compared to other such as Andheri, Kandivali, Malad and Borivalli and the Mumbai city. Owing to the property rates and rental rates, Mira Road Mumbai is the right choice for all middle-class people who wish to buy their own house.
The vital demand magnets that bring in a lot of investors and builders to Mira Road is that this area is its commercial and economic development. Apart from these infrastructural developments, Locality also houses a number of reputed schools and colleges that drive potential buyers to invest in Mira Road Mumbai.
With all necessary amenities, quality lifestyle, affordable pricing and living, excellent connectivity to all nearby suburbs and cities have made Mira Road property the first choice for many potential home buyers, which have led to the increase in number of new residential projects in the area.

Sulabha Kulkarni is an enthusiastic writer who has an eye on the property trends in the country. A born Mumbaikar, always eager for a chat on Mumbai Real Estate over Wada Pav and a hot cup of chai! Loves writing for http://www.IndiaProperty.com

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