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Mira Road, indeed, once a quiet suburb, is rapidly transforming into one of Mumbai’s most vibrant real estate hotspots. Specifically, with a surge in residential, commercial, and infrastructural developments slated for completion between 2025 and 2028, this area is poised to become a central hub for homebuyers, investors, and professionals.
Consequently, major infrastructure projects like the Metro Line 9 (Dahisar East to Mira Bhayandar), expected to be fully operational by mid-2026, will dramatically enhance connectivity. Furthermore, this improved access, coupled with attractive property rates compared to neighbouring areas, is fueling a significant real estate boom, thereby making Mira Road a promising investment destination.
🏢 Residential Projects to Watch
1. JP Codename Starlife
- Location: Mira Road East
- Possession: December 2025
- Configuration: 1, 2, and 3 BHK apartments
- Price Range: ₹62 L – ₹1.4 Cr
- Highlights: Modern amenities, proximity to metro stations, and strategic location make this project a promising investment. Realty Assistant
2. Kalpataru Srishti Namaah
- Location: Sector 1A, Opp. Bhaktivedanta Hospital
- Possession: December 2025
- Configuration: 1, 2, and 3 BHK apartments
- Price Range: ₹93 L and above
- Highlights: Renowned developer Kalpataru offers quality construction and luxurious living spaces. Propi
3. Aaradhya Parkwood
- Location: Near Western Express Highway
- Possession: December 2026
- Configuration: 1 and 2 BHK apartments
- Price Range: ₹77 L and above
- Highlights: Designed by MICL, this project promises a blend of comfort and convenience. Propi
🏢 Commercial Developments
1. Maruti Square
- Location: Next to Fashion Factory, Main Mira Bhayandar Road
- Possession: December 2027
- Type: Office spaces ranging from 510 to 1,179 sq. ft.
- Price Range: ₹1.58 Cr and above
- Highlights: Strategically located for businesses seeking visibility and accessibility. Propi
🚇 Infrastructure Projects Enhancing Connectivity
1. Coastal Road Project
- Scope: Aiming to ease traffic congestion and improve connectivity between the western suburbs.
- Impact: Expected to boost property values in areas like Mira Road, Dahisar, and Borivali. Homebazaar
2. Metro Line 5 Extension
- Status: Under construction, with expected completion by 2028.
- Benefit: Enhanced connectivity to key areas, reducing commute times for residents.
📈 Real Estate Trends
- Price Appreciation: Property prices in Mira Road have seen a rise of 13.79% in the last 12 months, indicating a growing demand and investor interest. Housing
- Rental Yields: With the influx of professionals and families, rental demand is on the rise, offering attractive yields for investors.
🏡 Conclusion
Mira Road is undergoing a significant transformation, consequently, numerous residential, commercial, and infrastructural projects are set to redefine its landscape by 2028. Therefore, whether you’re a homebuyer seeking modern amenities, an investor looking for promising returns, or a professional aiming for better connectivity, Mira Road presents a wealth of opportunities.
In conclusion, stay tuned for more updates as these developments unfold, shaping the future of this dynamic suburb.
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