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Property Rates in Mira Road East, Thane

Comprehensive Market Snapshot

  • Asking Sale Price₹ 17,279 /sq.ft
  • Average Rental₹ 48 /sq.ft
  • Rental Yield3.33 %

Insights for Mira Road East, Thane Real Estate Market

The property market in Mira Road East, Thane, is characterized by an average asking price of ₹17,279 per sq ft, with quarterly price trends showing upward movement projected towards March 2026. Notably, specific micro-markets like Beverly Park are experiencing significant appreciation, with an 18.02% increase. The rental landscape is active, with an average rental rate of ₹48 per sq ft and a rental yield of 3.33%. For renters, 1 BHK apartments typically command ₹21,797 per month, while 2 BHK units are priced around ₹29,790 per month. Ready to move properties are currently priced at ₹11,471 per sq ft, while under-construction projects are available at ₹13,251 per sq ft. The government registration data indicates substantial market activity with 5727 transactions recorded between May 2025 and April 2026, generating a gross value of ₹3,659 Cr.

Market Strengths Market Strengths
  • A competitive average asking price of ₹17,279 per sq ft makes Mira Road East an attractive location within Thane.
  • Consistent positive price trends, with projections indicating growth towards March 2026, suggest strong capital appreciation potential.
  • The rental market is active, with an average rental rate of ₹48 per sq ft and a rental yield of 3.33%.
  • 1 BHK apartments are in demand, averaging ₹21,797 per month, and 2 BHK apartments are averaging ₹29,790 per month, indicating a healthy rental ecosystem.
  • The presence of diverse property statuses, from Ready To Move to Under Construction, provides buyers with flexibility in their purchasing decisions.
  • Notable sub-localities like Beverly Park are experiencing significant price appreciation (18.02%), highlighting pockets of high growth potential.
Market Challenges Market Challenges
  • The average asking price of ₹17,279 per sq ft might present an affordability challenge for some segments of buyers.
  • While not explicitly detailed, the fluctuation in quarterly price trends, such as the dip in June 2025, could indicate market volatility.
  • The current average rental rate of ₹48 per sq ft, while stable, may not align with all investment return expectations, especially concerning rental yield.
Investment Opportunities Investment Opportunities
  • The average rental yield of 3.33% in Mira Road East presents a steady income opportunity for property investors.
  • 1 BHK apartments offer an average monthly rent of ₹21,797, indicating strong rental demand for smaller units.
  • 2 BHK apartments are fetching an average of ₹29,790 per month, appealing to families and couples seeking more space.
  • Sub-localities like Kashimira, with an average rate of ₹15,418 per sq ft, offer a potentially more affordable entry point for investment.
  • The positive price trends projected towards March 2026 suggest potential for capital appreciation on property investments.
Property Valuation

Comprehensive assessment of your property's current worth in the current market

Property Price Trends in Mira Road East, Thane

Asking Price Trends

The property market in Mira Road East is experiencing a notable upward trend in asking prices. Projections for March 2026 estimate the location rate at ₹17,279 per sq ft, building on previous quarterly figures. The market saw a dip in June 2025 before recovering, indicating a fluctuating but generally positive price trajectory.

Quarter City Rate
Mar 2026 17279
Dec 2025 15729
Sep 2025 15635
Jun 2025 16708
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Price Trends by Property Type

Apartments are the dominant property type in Mira Road East, with an average price of ₹17,279 per sq ft, reflecting a healthy 9.85% increase. This segment caters to the primary demand for residential housing in the area, indicating strong buyer interest and value appreciation for apartment living.

Type Rate (₹/sq.ft) Change %
Apartment 17,279 9.85
Price Trends by Project Status

The Mira Road East market offers a mix of property statuses to suit various buyer needs. Ready To Move properties are available, averaging ₹11,471 per sq ft, while under-construction projects are priced at ₹13,251 per sq ft. New launch projects represent a smaller segment at ₹12,226 per sq ft, indicating ongoing development and fresh inventory.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 450 11,405 -7.01
Under Construction 19 13,251 -5.68
New Launch 5 12,226 0.62
Price Trends by Localities

Mira Road East's real estate value varies across its sub-localities. Beverly Park leads with an average rate of ₹17,625 per sq ft, showing a substantial 18.02% increase. Naya Nagar averages ₹17,490 per sq ft, while Hatkesh Udhog Nagar is priced at ₹17,423 per sq ft. Kashimira offers a more accessible entry point at ₹15,418 per sq ft, demonstrating a diverse price spectrum within the area.

Location Rate (₹/sq.ft) Change %
Mira Road 16,918 8.2
Naya Nagar 17,490 -
Beverly Park 17,625 18
Hatkesh Udhog Nagar 17,423 -0.9
Kashimira 15,418 9.5
Mahajanwadi 16,178 -
Ghodbunder 14,285 -2.7
Bhayandar East 18,332 23.4
Kashigaon 16,753 2.1
Kharegaon 10,460 -1.3

Project and Developer Insights

Top Projects by Listing Rates

Premium residential projects in Mira Road East are attracting significant attention, with asking prices reflecting their exclusivity. Hiya Regency leads the pack at ₹20,626 per sq ft, followed closely by Chauhan Chamunda Classic at ₹20,567 per sq ft. Shree Ram Krishna Garden and Lodha Casa Supremo also feature prominently, with rates around ₹20,112 per sq ft and ₹18,737 per sq ft respectively, showcasing the higher end of the market.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Hiya Regency 20,626 5.5
Chauhan Chamunda Classic 20,567 75.2
Shree Ram Krishna Garden 20,112 4.9
Lodha Casa Supremo 18,737 7
Happy Home Estate 18,734 9.3
Bhairav Residency Mira Road 18,478 1.2
127 Raj Homes 18,132 16.7
Shanti Garden Mira Road 17,813 -4.1
Kakad Paradise Phase 2 17,770 1
Strawberry The Address 17,720 -4.2
Top Projects by Rental Rates

Top rental projects in Mira Road East showcase a range of rental rates, with Sanghvi Sanghvi Nagar listed at ₹66 per sq ft and Delta Woods at ₹64 per sq ft. Mira CHS Mira Road East also stands out with a significant change percentage, while projects like Strawberry The Address are priced around ₹59 per sq ft.

Project Name Rate (₹/sq.ft) Change %
Sanghvi Sanghvi Nagar 66 -
Delta Woods 64 12.3
Mira Chs Mira Road East 61 1933.3
Sanghvi Eco City Phase 3 60 17.7
Strawberry The Address 59 -1.7
Star Embassy 58 -
Ganga Jangid Complex 57 -
Shree Sai Shweta Heights 57 -
Asmita Regency 53 -
Chheda Avighna 53 -3.6

Government Registration in Mira Road East, Thane

  • Sales Transactions5,727
  • Gross Sales Value₹ 3,659 Cr

Property Rental Trends in Mira Road East, Thane

Rental Trends by Unit Type

The rental market in Mira Road East shows distinct pricing across different BHK configurations. 1 BHK apartments are available for an average of ₹21,797 per month, while 2 BHK apartments command a higher average of ₹29,790 per month, reflecting increased demand and space requirements for larger units.

Unit Type Rate (₹)
1 Bhk 21,797
2 Bhk 29,790
Rental Trends by Nearby Localities

Rental rates vary across Mira Road East's sub-localities, with areas like Miragaon averaging ₹69 per sq ft and Gaurav Galaxy at ₹63 per sq ft showing higher premiums. Conversely, Pleasant Park offers more affordable rentals at ₹36 per sq ft, while established areas like Mira Road average ₹49 per sq ft.

Locality Rate (₹/sq.ft) Change %
Chandan Shanti 48 -
Vijay Park 42 -
Mira Road 49 -5.8
Pleasant Park 36 -18.2
Hatkesh Udhog Nagar 43 -23.2
Gaurav Galaxy 63 -
Miragaon 69 13.1
Sector 1 45 -13.5
Kashimira 51 6.3
Kanakia Park 45 -
Rental Trends by Property Type

Apartments are the primary focus in Mira Road East's rental market, averaging ₹48 per sq ft with a reported change of -5.88%. This indicates a stable yet slightly softening rental demand for apartments in the area.

Property Type Rate (₹/sq.ft) Change %
Apartment 48 -5.9

FAQs about Property Rates in Mira Road East, Thane

What is the average asking price in Mira Road East as of March 2026?

As of March 2026, the average asking price in Mira Road East is ₹17,279 per sq ft. This represents a significant appreciation of 9.85% from the rate recorded in December 2025, indicating a strong upward trend in property values within the locality.

How have property prices in Mira Road East trended over the last year?

Property prices in Mira Road East have shown a fluctuating but generally upward trend over the past year. From June 2025 at ₹16,708 per sq ft, prices saw a dip in September 2025 to ₹15,635 per sq ft, before recovering and appreciating to ₹17,279 per sq ft by March 2026. The overall movement from December 2025 to March 2026 shows a notable increase of 9.85%.

How do property rates vary across different micromarkets within Mira Road East?

Property rates in Mira Road East vary significantly across its micromarkets as of March 2026. Bhayandar East shows the highest average rate at ₹18,332 per sq ft, appreciating by 23.4% over the period. In contrast, Kharegaon has the lowest average rate at ₹10,460 per sq ft, with a slight depreciation of 1.31%. Other notable micromarkets include Beverly Park at ₹17,625 per sq ft (up 18.02%) and Ghodbunder at ₹14,285 per sq ft (down 2.73%).

What is the average price for apartments in Mira Road East as of March 2026?

As of March 2026, the average asking price for apartments in Mira Road East stands at ₹17,279 per sq ft. This segment has experienced a substantial appreciation of 9.85% compared to the previous period, reflecting robust demand and market activity for apartment properties in the area.

How do prices differ between Ready To Move and Under Construction properties in Mira Road East?

In Mira Road East, Ready To Move properties are priced at an average of ₹11,471 per sq ft as of March 2026, showing a depreciation of 7.22%. Under Construction properties are priced higher at ₹13,251 per sq ft, also experiencing a depreciation of 5.68%. This suggests that while both segments have seen price corrections, Ready To Move properties are currently more affordably priced.

Which projects in Mira Road East have the highest listing rates as of March 2026?

As of March 2026, projects like Hiya Regency and Chauhan Chamunda Classic command the highest listing rates in Mira Road East. Hiya Regency is listed at ₹20,626 per sq ft, appreciating by 5.51%, while Chauhan Chamunda Classic is priced at ₹20,567 per sq ft, showing a remarkable appreciation of 75.23%. Other high-value projects include Shree Ram Krishna Garden (₹20,112 per sq ft) and Lodha Casa Supremo (₹18,737 per sq ft).

What is the overall average rental rate in Mira Road East and what does the rental yield indicate?

The average rental rate in Mira Road East is ₹48 per sq ft as of March 2026, with apartments averaging the same rate and showing a depreciation of 5.88%. The rental yield stands at 3.33%, suggesting that property owners can expect an annual rental income equivalent to 3.33% of their property's capital value. This yield is a key metric for investors assessing the income-generating potential of their real estate investments.

What are the typical monthly rental costs for 1 BHK and 2 BHK apartments in Mira Road East?

In Mira Road East, a 1 BHK apartment commands an average monthly rent of ₹21,797, while a 2 BHK apartment is rented for an average of ₹29,790 per month as of March 2026. These figures provide a clear picture of the rental market for different household sizes and budgets within the locality.

How do rental rates vary across different neighborhoods in Mira Road East?

Rental rates in Mira Road East show considerable variation by neighborhood as of March 2026. Miragaon offers the highest average rental rate at ₹69 per sq ft, appreciating by 13.11%. Gaurav Galaxy is also high at ₹63 per sq ft. Conversely, Pleasant Park has the lowest average rental rate at ₹36 per sq ft, with a significant depreciation of 18.18%. Mira Road itself averages ₹49 per sq ft, having depreciated by 5.77%.

Which projects in Mira Road East are fetching the highest rents as of March 2026?

As of March 2026, Sanghvi Sanghvi Nagar leads in rental rates in Mira Road East at ₹66 per sq ft, maintaining stable rates. Delta Woods follows with ₹64 per sq ft, showing a 12.28% appreciation. Mira CHS Mira Road East has seen a substantial increase, reaching ₹61 per sq ft with a 1933.33% change. Other projects like Sanghvi Eco City Phase 3 (₹60 per sq ft) and Strawberry The Address (₹59 per sq ft) also feature among the top rental projects.

What does the Government Registration Rate signify for Mira Road East?

The Government Registration Rate in Mira Road East is recorded as ₹0 per sq ft as of the period ending April 2026, with 5,727 transactions valued at ₹3,659 Cr. While the provided registration rate is zero, indicating it might not be directly comparable to asking prices or is not the primary metric used for this data, the high transaction volume suggests significant market activity.

Are property prices in Mira Road East generally higher for end-users or investors?

As of March 2026, the average asking price in Mira Road East is ₹17,279 per sq ft, which has appreciated by 9.85% from December 2025. The rental yield is 3.33%. The current asking prices reflect market demand, which can be driven by both end-users seeking homes and investors looking for capital appreciation and rental income. The appreciation suggests strong buyer confidence, potentially benefiting both segments.

What is the current listing count for properties in Mira Road East?

As of March 2026, there are 206 properties listed for sale in Mira Road East. This inventory level, combined with the average asking price of ₹17,279 per sq ft which has appreciated by 9.85% from December 2025, provides a snapshot of the current supply and demand dynamics in the market.

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