Mira Road has better accessibility to other areas of Mumbai which is one of the main factors making it an ideal location. In Mira Road, there are already excellent train and road networks, and a number of intriguing new infrastructure projects are presently being developed. The Andheri-Dahisar-Mira-Bhayandar Metro Line will reduce the travel time for travelers.
Currently, Mumbai is accessible from Mira-Bhayandar via Mumbai suburban local trains and the Dahisar Toll Plaza on the Western Express Highway (WEH).The new elevated Dahisar-Mira Bhayandar Link Road will shorten the distance for WEH travelers. BMC predicts the elevated road can handle 75,000 daily vehicles, reduce traffic on the Dahisar Toll by 30-35%, and make Mira Road a desirable place for millennials to buy homes. Improved connectivity can provide efficient transportation from Mumbai's northern corridor to the city’s eastern and western suburbs.
Bustling Social Infrastructure - Leading medical facilities like Wockhardt Hospital and Bhaktivedanta Hospital & Research Center are situated here. Mira Road is the perfect place for families with children because it has a wide variety of top educational institutions, including NL Dalmia School, Don Bosco High School, Singapore International School, and Podar International School. Additionally, the top shopping destinations are readily accessible to locals because of the proximity of Thakur Mall, DMart, Star Bazaar, Maxus Mall, and Brand Factory. Families have access to a variety of weekend getaway locations, including Vardhman Fantasy Park, GCC Hotel & Club, and nature's treasure troves like the shores in Gorai and Uttan as well as Sanjay Gandhi National Park.
Emerging Investment Hotspot - Considering the constantly rising demand for real estate, Mira Road is one of the most popular real estate markets for both investors and consumers. Studies assert a 20–25% increase since 2014, and some estimate a 50–100% increase just in the last five years, as the price appreciation trend on Mira Road has been steadily growing. Prices are expected to rise significantly more as a result of impending infrastructure improvements and significant network enhancements.
Changing Buyer Profile - The shifting preferences of home buyers are a clear indication of Mira Road's impressive progress. With a noticeable increase in millennial across the country, the demographic of buyers in the Mira Road real estate market has experienced significant changes recently. It is moving to customers who want better lifestyle and are looking for luxury homes. Today buyers want to live a life of comfort and home is also become a matter of status quo in the community. People are aspiring to upgrade and have a better quality of life for themselves and their family.
In the upcoming years, the demand for housing in Mira Road is anticipated to stay high due to factors like population growth and the development of infrastructure. In light of the changes in homebuyer trends and infrastructural developments, it is evident that Mira Road is on the road to development because it has the unmatched potential to fulfil a market's need for a high-end lifestyle.
With all the necessary infrastructure, Mira Road strikes the ideal location for a fast-paced city lifestyle. It keeps establishing itself as the perfect area for aspirational homebuyers and those upgrading their residences to give their families a high-quality lifestyle with top-notch amenities.