Travel & Destination

Hotspot: Mira Roadway is an appealing budget real estate location in Mumbai

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Hotspot: Mira Roadway is an appealing budget plan housing location in Mumbai

Mira Road is well connected to various established locations around it

In Mumbai proper central Mumbai and is administered by the Mira Bhayandar Municipal Corporation(MBMC). The growth of this location can be associated mainly to its excellent connectivity to Mumbai, and different infrastructure-related developments. Owing to these aspects, a big number of budget houses projects have come up here, with size choices varying from one to two BHKs. Mira Roadway is well connected to various developed areas around it, and has durable infrastructure through an excellent network of trains and roadways. It is mainly a cluster of new localities that have developed throughout the years, consisting of Shanti Park, Silver Park, Pleasant Park, Geeta Nagar, Golden Nest, Jangid, Beverly Park, Shanti Gardens, Complex, among< a href ="http://www.business-standard.com/search?type=news&q=others"target=_ blank > others. Mira Road delights in unobstructed connectivity to some of the significant company hubs like Thane and Navi Mumbai. This makes it an extremely preferable domestic area. A great mix of retail facilities

, academic institutes, and healthcare centres are readily available in Mira Roadway. End-users can take pleasure in a fairly great way of life here. Property rates in Mira Roadway range between Rs 6,000-8,550 per sq ft. The exact price depends

on different elements such as the place, project’s conclusion status and features available. Large-scale housing jobs like Rashmi Smaart Homes, Vrindavan by Delta Realty, Salasar Special Central Park Phase 1 and Prithvi Group’s Prithvi Pride have actually discovered all set purchasers, and there is still scope for further development in this suburb. Considering the favourable residential or commercial property cost trends in Mira Roadway in the past, and the apparent increase in demand, this locality has proven its worth as an excellent financial investment destination for long-lasting investors, especially those focused on the economical housing section. With a number of info technology business running in the vicinity, reasonably pocket-friendly real estate jobs and budget friendly rental options, the Mira Roadway property market has a lot going all out. The author is managing director-Mumbai, JLL India

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