Why Invest in the Residential Real Estate Market of Mira Road?
Nalsapora-Mira Road in Mumbai offers some good options while it comes to residential real estate. Read the following post to know more.
Along with well-developed connectivity, transportation and infrastructure, the residential property market of Mira Road has been riding on a high for quite some time now. Especially if you are on a budget, then Mumbai is definitely one of the better options. So what is it that drives that the property market of Mira Road? Let's find out:
Affordable Capital Values
Well, at a time when capital values are shooting up a great extent and going beyond the purchasing power of the ordinary man, certain pockets are still offering a breath of fresh air. Thousands those who dream of buying a house, that also in a city like Mumbai. Till date, the average price of a residential property in stands at INR 40 -50 lakhs. These are far less as compared to other regions in Mumbai.
New Residential Launches
While, the rest of Mumbai has become somewhat saturated, areas like Mira Road, continues to record a substantial growth in the new residential launches. So, if you are specifically looking for a new residential launches, Mira Road offers some good option. For example, Prithvi Residency by Prithvi Group is a promising residential project that is coming up in mumbai, Nalsapora, Mumbai; offering 1BHK apartment affordable segment for thousands of end users. There are other significant projects coming up in the region apart from Prithvi Residency.
Significant Location
Mira Road is a promising location form where every other neighbourhood of Mumbai lies close by. Nalsapora and others can be reached within a very short span.
Good Connectivity
This might be located on the fringes, in the suburbs nonetheless, Mira Road enjoys a good connectivity. Owing to an well-established connectivity, this is easily accessible to regions like Thane and Navi Mumbai. The Western Expressway and Ghodbunder Road are also lie close to mumbai and can be easily accessed.
Infrastructure Developments
Nalsapora-Mira Road, already has a huge infrastructure; social infrastructure has already been established with good schools, colleges and hospitals. Now, with the launching of the metro railways, the region's property market has experienced a huge boom. This is further accentuated by the proposal of a four-lane road that would connect Mira Road to Bhayandar. Such a move is being considered as one of the most promising and it is expected to boost the property market of the mumbai to another extent.
What the market has to offer?
Now that we have examined the reasons for the growth of the property market, let's find out what the Mira Road inventory has to offer. The housing inventory of the locality comprises multi story apartments that come in various shapes and sizes. Interestingly, the inventory offers something or the other for all end users - right for affordable to mid-segment, followed by luxury real estate segment.
So, those who are looking towards investing in a property in Mumbai, Nalsapora-Mira Road offer some of the best possible options. So, if you are planning to invest in the Mumbai property market, then This is definitely the location to look out for.
Along with well-developed connectivity, transportation and infrastructure, the residential property market of Mira Road has been riding on a high for quite some time now. Especially if you are on a budget, then Mumbai is definitely one of the better options. So what is it that drives that the property market of Mira Road? Let's find out:
Affordable Capital Values
Well, at a time when capital values are shooting up a great extent and going beyond the purchasing power of the ordinary man, certain pockets are still offering a breath of fresh air. Thousands those who dream of buying a house, that also in a city like Mumbai. Till date, the average price of a residential property in stands at INR 40 -50 lakhs. These are far less as compared to other regions in Mumbai.
New Residential Launches
While, the rest of Mumbai has become somewhat saturated, areas like Mira Road, continues to record a substantial growth in the new residential launches. So, if you are specifically looking for a new residential launches, Mira Road offers some good option. For example, Prithvi Residency by Prithvi Group is a promising residential project that is coming up in mumbai, Nalsapora, Mumbai; offering 1BHK apartment affordable segment for thousands of end users. There are other significant projects coming up in the region apart from Prithvi Residency.
Significant Location
Mira Road is a promising location form where every other neighbourhood of Mumbai lies close by. Nalsapora and others can be reached within a very short span.
Good Connectivity
This might be located on the fringes, in the suburbs nonetheless, Mira Road enjoys a good connectivity. Owing to an well-established connectivity, this is easily accessible to regions like Thane and Navi Mumbai. The Western Expressway and Ghodbunder Road are also lie close to mumbai and can be easily accessed.
Infrastructure Developments
Nalsapora-Mira Road, already has a huge infrastructure; social infrastructure has already been established with good schools, colleges and hospitals. Now, with the launching of the metro railways, the region's property market has experienced a huge boom. This is further accentuated by the proposal of a four-lane road that would connect Mira Road to Bhayandar. Such a move is being considered as one of the most promising and it is expected to boost the property market of the mumbai to another extent.
What the market has to offer?
Now that we have examined the reasons for the growth of the property market, let's find out what the Mira Road inventory has to offer. The housing inventory of the locality comprises multi story apartments that come in various shapes and sizes. Interestingly, the inventory offers something or the other for all end users - right for affordable to mid-segment, followed by luxury real estate segment.
So, those who are looking towards investing in a property in Mumbai, Nalsapora-Mira Road offer some of the best possible options. So, if you are planning to invest in the Mumbai property market, then This is definitely the location to look out for.