Why Mira Road is Emerging as Mumbai’s Top Residential Hub

Once considered a distant suburb, Mira Road has emerged as one of the most sought-after residential areas in Mumbai because of its exponential growth in the past decade, driven by rapid infrastructure development, seamless connectivity, and an influx of modern residential projects.

With property prices in Mumbai skyrocketing, Mira Road offers spacious, well-designed homes at competitive rates, making it an ideal residential zone for those looking to invest in the city’s real estate market. Let’s understand what makes Mira Road a prime choice for homebuyers and investors alike.

Mira Road: Top Residential Hub in Mumbai

The emergence of Mira Road as one of the top residential areas in Mumbai is not accidental. The improvements in its infrastructure and its strategic location have made it a preferred residential area in Mumbai for buyers as well as investors.

According to 99acres, the property prices in Mira Road have risen by 24.4% over the last five years. This price rise indicates strong demand, ensuring high rental yields and substantial property appreciation for buyers.

residential places in mumbai

Real Estate Growth in Mira Road, Mumbai: A Closer Look

Several pivotal factors have contributed to this real estate growth in Mira Road:

Enhanced Connectivity

The new transport links, such as improved road connections and the planned metro rail lines, have greatly reduced the time it takes to get to most of Mumbai’s residential areas.

  • The Mumbai Metro Line 9 (Dahisar East to Mira Bhayandar) is expected to be operational by 2025, further improving connectivity.
  • The Western Express Highway ensures a seamless commute to key commercial hubs like Andheri, Goregaon, and Bandra.
  • Mira Road Railway Station serves as a critical junction on the Western Line of the Mumbai Suburban Railway, reducing travel time to prime residential districts.

Affordable Housing Options

Compared to other posh areas in Mumbai, Mira Road offers competitively priced properties. According to 99acres, the average property price in the region is approximately INR 15,800 per square foot, making it an appealing choice for middle-income families and first-time homebuyers.

Social Amenities

Mira Road features an abundance of social infrastructure, including reputable schools, healthcare facilities, shopping centres, and recreational zones, ensuring a comfortable lifestyle for its residents.

  • Leading hospitals such as Wockhardt Hospital and Bhaktivedanta Hospital provide top-tier medical care.
  • Prominent schools like Singapore International School and RBK Global School cater to diverse educational needs.
  • Shopping destinations like Thakur Mall and Maxus Mall ensure convenient access to retail and entertainment.

AsmitA India Realty: Top Residential Developer in Mira Road

Among the various real estate developers in Mira Road, AsmitA India Realty stands out for its commitment to quality and innovation. Their flagship residential project, AsmitA Grand Maison, exemplifies urban residential living, offering residents a blend of luxury, convenience, and sustainability.

Residential project

AsmitA Grand Maison: Redefining Urban Residential Living

Located in Naya Nagar, Mira Road East, AsmitA Grand Maison features spacious 1 & 2 BHK apartments and Jodi flats options, with sizes ranging from 487 sq. ft. to 728 sq. ft., catering to diverse family needs.

Seamless Connectivity

Strategically located near major transportation hubs, AsmitA Grand Maison ensures effortless commuting across Mumbai.

  • Just 900 metres from Mira Road Railway Station, offering smooth access to local and express train networks.
  • Well-connected to the Western Express Highway, reducing travel time to key residential places in Mumbai and commercial districts.

Luxurious Facilities

Step into a world of sophistication with 35+ top-tier amenities designed to redefine urban residential living:

  • State-of-the-art clubhouse for social gatherings and leisure activities.
  • Sports facilities, including a fully-equipped gymnasium, tennis court, basketball court, and a jogging track, promoting an active lifestyle.

Smart Homes

Experience the future with cutting-edge technology that enhances convenience and security:

  • Automated security systems, including smart locks and real-time surveillance.
  • IoT-enabled appliances, such as smart dishwashers, energy-efficient lighting, and voice-controlled automation.

Sustainable Living

AsmitA Grand Maison prioritises sustainability with green building designs and eco-conscious initiatives:

  • Solar panels for renewable energy generation, reducing dependence on non-renewable sources.
  • EV charging stations, supporting the transition towards a cleaner, greener future.

Top Residential Areas in Mumbai

Here are some of the top residential areas in Mumbai:

Bandra

Often referred to as the “Queen of the Suburbs,” Bandra blends old-world charm with modern amenities, making it one of the best places to live in Mumbai.

 

Mira Road

Rapid development, premium housing projects, and proximity to IT hubs make Mira Road a top residential zone.

 

Juhu

Known for its sprawling beaches and upscale residences, Juhu is an expensive area in Mumbai that attracts celebrities and business magnates alike.

 

Powai

With its serene lake and burgeoning commercial centres, Powai has emerged as a preferred residential district for young professionals.

 

Andheri

A busy Mumbai residential area, Andheri offers a mix of residential apartments, commercial establishments, and entertainment hubs.

 

Bottom Line

Mira Road‘s transformation into a top residential area in Mumbai is a testament to Mumbai’s dynamic real estate development. With its strategic location, affordable housing options, and continuous infrastructure enhancements, it stands out as a prime residential zone

localities in Mumbai

For those seeking a home that offers comfort, connectivity, and modern amenities, AsmitA Grand Maison by AsmitA India Realty presents an unmissable opportunity. Explore this thriving residential zone today and take a step toward your dream home in Mumbai!