Mira Bhayandar Road properties price beyond expectation
Mumbai real estate price is always high but price at Mira Bhayandar is beyond expectation. There was an increase between 15-20 percent in the capital and rental value in this area in the last six months.
Both the real estate market and rental market are performing well. The rental value for 1bhk ranges from Rs 7,000 – Rs 10,000 and for 2bhk it is between Rs 12,000 -Rs 15,000 per month. The price of per sqft in this area ranges from Rs 5,500 – Rs 6,500. A 1bhk flat will cost you in between rs 30 lakhs to Rs 40 lakhs nad a 2bhk will be around Rs 50 lakhs.
The location is well connected and well developed. Mira Bhayandar Road is administered by Mira-Bhayander Municipal Corporation (MBMC). The location offers all the basic amenities that is required in day to day life. All the educational institution and hospitals are also near by. Quite a few believe Mira-Bhayander Route will be a lot more associated with an end-user industry as compared to investment.
Many developers are coming up with new projects in the area like Ravi Group, RNA Builders NG, Cornerstone Group, Pratik Group of companies among others. Mira-Bhayander Road is actually anticipated to yield very good returns in the near future.
Residents threaten against demolition drive
Amenities, Cornerstone Group, MBMC, Mira Bhayandar, Mira Bhayander Municipal Corporation, Mumbai real estate, Mumbai realty, Pratik Group, Ravi Group, Real estate in Mumbai, Real-estate market, Realty News, rental value, RNA Builders NG
