Mira Bhayandar Overview

Mira Bhayandar, part of Thane district in Maharashtra, India, is a city and municipal corporation in the Mumbai Metropolitan Region. Let's take a more in-depth dive into the locality, especially from a real estate standpoint:

Location and Connectivity

• Nestled in the northern tip of Salsette Island, Mira Bhayandar has great links to major transport networks and is close to Mumbai. It's a big draw for both commuters and families[1/].

Infrastructure and Amenities

• Governed by the Mira Bhayandar Municipal Corporation (MBMC), established in 1985, the area handles essential public services.
• The city has various amenities like schools, hospitals, and lots of residential projects.
• Upscale areas, like Jesal Park and Panchamrat, offer premium living options[1/].

Property Trends

• Property costs in Mira Bhayandar range between Rs. 6,600 and ₹39,000 per square foot.
  • Bhayandar West: Rs. 9,130 (Rs. 680 – Rs. 39,000)
  • Bhayandar East: Rs. 7,900 (Rs. 1,135 – Rs. 17,480)
  • Mira Road West: Rs. 8,800 (Rs. 1,410 – Rs. 16,690)
  • Other areas such as Kashimira, Queen’s Park, Chandan Shanti, MIDC, Mhada Colony, and Miragaon have vast price ranges[1/.
• The property market has grown greatly:
  • 7.5% in the past year
  • 14% in the last three years
  • 22% expected growth by 2025.

Residential Choices

• Flats and Apartments:
  • Prices for 1 BHK flats range from Rs. 62 lakhs to Rs. 98 lakhs.
  • Projects like JP Codename Now Or Never, Aaradhya High Park, and JP North Barcelona[1/] feature heavily.
  • Options for 2 BHK and 3 BHK flats include Sunteck Sky Park, JP Codename Dream Home, Kalpataru Srishti, Kalpataru Code Blockbuster Living, and Neminath Heights[1/].
• Rental Properties:
  • Flat prices range from Rs. 15,999 to ₹90,000 a month.
  • Semi-furnished and furnished units available in places like JP North Aviva, JP North Alexa, and Raj Infinia[3/].

Investment Prospects

• Mira Bhayandar has high real estate growth potential.
• Infrastructure projects and housing demand make it an excellent place for investors[1/].

Lifestyle and Living

• Residents enjoy a mix of urban living and natural beauty.
• Well-developed recreational spots, social centers, and key civic services are nearby[1/].

PropertyWala's Take

Mira Bhayandar stands out for buying or renting. With strong links, top real estate, and promising property trends, it's a smart pick for those wanting a good home or good investment. Its rise in property prices and wide range of living options make it smart for investors.