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Insights for Mira Road East, Thane Real Estate Market Overview

The real estate landscape in Mira Road East exhibits strong momentum, characterized by steady price appreciation and a robust inventory mix. Market rates have climbed consistently, supported by a mix of established residential pockets and emerging projects that cater to varying buyer needs. Rental activity remains equally vibrant, with a clear preference for modern apartment living that offers competitive yields for property owners. Recent government registration figures underscore the high volume of interest, with nearly a thousand transactions recorded in the last year, reflecting deep-rooted buyer confidence in the area.

  • Apartment prices have seen a growth of 2.89%, currently settling at an average of ₹17,800 per sq ft.
  • The ready-to-move segment remains highly popular, with 450 units available and an average price point of ₹13,650 per sq ft.
  • Rental yields are performing well at 4.18%, with average monthly rents for 1 BHK apartments reaching ₹19,300.
  • Premium projects like Delta Woods and Siddhivinayak Florentia are commanding rates exceeding ₹21,000 per sq ft.
  • Under-construction properties are showing significant market traction, with prices rising by 39.66% recently.

Market Strengths
  • A robust rental market with an average yield of 4.18% supports long-term investment viability.
  • Consistent quarterly price growth from ₹15,750 to ₹17,800 per sq ft demonstrates strong market confidence.
  • Significant transaction volume of 991 units indicates a highly liquid and active residential market.
  • Diverse inventory ranging from ₹13,650 per sq ft for ready units to premium projects above ₹21,000 per sq ft.
  • Strong performance in the apartment category with a 2.89% year-on-year price appreciation.
Market Challenges
  • Rising property prices, particularly in the under-construction segment, may impact entry-level affordability.
  • Fluctuating rental rates in specific sub-pockets like Gaurav Galaxy, which saw a -20.63% change, suggest localized volatility.
  • Premium project rates exceeding ₹20,000 per sq ft require significant capital investment compared to the regional average.
Investment Opportunities
  • Rental yields of 4.18% provide a stable return for investors focused on buy-to-let properties.
  • The 1 BHK segment offers an accessible entry point for rental income at ₹19,300 per month.
  • Under-construction projects have seen a 39.66% growth, suggesting strong potential for capital appreciation.
  • Ready-to-move inventory priced at ₹13,650 per sq ft remains an attractive option for immediate rental yield realization.
  • High-demand 2 BHK units command an average monthly rent of ₹30,600.
Top Localities in Mira Road East, Thane

Kashimira

Avg Price ₹ 15,400 /Sq.Ft.
LISTINGS 10

Hatkesh Udhog Nagar

Avg Price ₹ 17,400 /Sq.Ft.
Avg Rent ₹ 51 /Sq.Ft.
YIELD + 3.52
LISTINGS 3
Price Trend

Mira Road East, Thane Property Price Trends and Appreciation

Property rates in Mira Road East have demonstrated a clear upward trajectory over the last few quarters. Starting from ₹15,750 per sq ft in late 2025, prices moved to ₹17,300 in the first quarter of 2026. By June 2026, the average rate reached ₹17,800 per sq ft, indicating sustained buyer interest and market maturity.
Asking Price Trends
₹ 17,800/Sq.Ft + 2.89 % QoQ
Dec 2025 — Sep 2026
Quarter City Rate
Sep 2026 0
Jun 2026 17800
Mar 2026 17300
Dec 2025 15750
About Asking Price Trends
Mira Road East Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Mira Road 16,450 -2.7
Beverly Park 20,450 15.9
Ghodbunder Road 15,450 6.3
Mira Road East features a varied price landscape across its key sub-locations. Beverly Park stands out as a premium segment, commanding an average of ₹20,450 per sq ft with a notable 15.9% increase. In contrast, the broader Mira Road area averages ₹16,450 per sq ft, while Ghodbunder Road provides a more accessible entry point at ₹15,450 per sq ft, showing a healthy 6.3% growth.
Type Rate (₹/Sq.Ft) Change %
Apartment 17,800 2.9
Residential apartments in Mira Road East are the primary focus of the market, currently priced at an average of ₹17,800 per sq ft. This segment has experienced a positive growth of 2.89%, reflecting the consistent demand for well-connected housing. The market maintains a stable structure, with apartment living remaining the preferred choice for both end-users and investors.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 497 13,672 16.4
Under Construction 17 17,250 39.7
New Launch 12 14,650 17
The market provides a balanced supply of properties across different stages of development. Ready-to-move units, which include 450 available properties, are priced at an average of ₹13,650 per sq ft, while partially ready projects trade at a higher premium of ₹17,350 per sq ft. Under-construction inventory is also active with 17 projects averaging ₹17,250 per sq ft, showcasing a rapid 39.66% increase in value as construction milestones are met.
Project & Developer Insights
Top Projects by Listing Rates
  • Listing Rate
  • By Rental
Premium residential developments in Mira Road East are setting high benchmarks, with several projects exceeding the ₹20,000 per sq ft mark. Delta Woods leads the market with an asking price of ₹22,350 per sq ft, while Siddhivinayak Florentia follows closely at ₹21,050 per sq ft after an 89.99% surge. Other standout developments such as RNA NG Aroma and Leena Oasis continue to attract buyers at price points around ₹21,000 per sq ft, highlighting the premium appeal of the locality.
Top projects are achieving rental rates above the market average, with Sanghvi Sanghvi Nagar leading at ₹66 per sq ft. Delta Woods and Mira CHS also perform strongly, with rental rates of ₹64 and ₹61 per sq ft respectively, reflecting the high desirability of these well-maintained residential complexes.
Government Registrations

Government Registration in Mira Road East, Thane

Official registration data indicates a high level of market activity in Mira Road East. Between November 2025 and October 2026, the locality recorded 991 property transactions. These deals represent a significant gross value of ₹617 Cr, confirming the area's status as a high-velocity residential market.
Sales Transactions 991
Gross Sales Value ₹ 617 Cr
Rental Trends

Rental Trends and Average Rent in Mira Road East, Thane

Rental demand is well-distributed across unit sizes, with 1 BHK apartments averaging ₹19,300 per month. Larger 2 BHK homes command an average of ₹30,600, while spacious 3 BHK units are priced at ₹52,000 per month, reflecting the premium for additional living space. Rental rates across the locality show mixed trends, with many areas like Vijay Park, Mira Road, and Pleasant Park holding steady at ₹50 per sq ft. Hatkesh Udhog Nagar has seen an 18.6% increase in rental demand, while Bhayandar East currently commands a higher premium at ₹100 per sq ft. The apartment segment dominates the rental market in Mira Road East, with rates averaging ₹50 per sq ft. This category has experienced a substantial 29.17% growth in rental value, indicating a strong upward trend in tenant demand. Top projects are achieving rental rates above the market average, with Sanghvi Sanghvi Nagar leading at ₹66 per sq ft. Delta Woods and Mira CHS also perform strongly, with rental rates of ₹64 and ₹61 per sq ft respectively, reflecting the high desirability of these well-maintained residential complexes.
Mira Road East Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
1 Bhk 19,300
2 Bhk 30,600
3 Bhk 52,000
Rental demand is well-distributed across unit sizes, with 1 BHK apartments averaging ₹19,300 per month. Larger 2 BHK homes command an average of ₹30,600, while spacious 3 BHK units are priced at ₹52,000 per month, reflecting the premium for additional living space.
Locality Rate (₹/Sq.Ft) Change %
Vijay Park 50 4.8
Mira Road 50 6.1
Pleasant Park 50 13.9
Hatkesh Udhog Nagar 50 18.6
Gaurav Galaxy 50 -20.6
Bhayandar East 100 165
Bhayandar West 50 81.6
Ghodbunder Road 50 -
Bhayandarpada 50 -2.1
Owale 50 -
Rental rates across the locality show mixed trends, with many areas like Vijay Park, Mira Road, and Pleasant Park holding steady at ₹50 per sq ft. Hatkesh Udhog Nagar has seen an 18.6% increase in rental demand, while Bhayandar East currently commands a higher premium at ₹100 per sq ft.
Property Type Rate (₹/Sq.Ft) Change %
Apartment 50 29.2
The apartment segment dominates the rental market in Mira Road East, with rates averaging ₹50 per sq ft. This category has experienced a substantial 29.17% growth in rental value, indicating a strong upward trend in tenant demand.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 18,200 /Sq.Ft
Avg. Asking Price ₹ 16,000 /Sq.Ft
Govt Registration Rate ₹ 9,650 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,700 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,800 /Sq.Ft

Micromarket-Wise Property Price Trends Around Mira Road East, Thane

Avg. Asking Price ₹ 19,400 /Sq.Ft
Avg. Asking Price ₹ 16,950 /Sq.Ft
Govt Registration Rate ₹ 4,600 /Sq.Ft
Avg. Asking Price ₹ 15,050 /Sq.Ft
Govt Registration Rate ₹ 7,850 /Sq.Ft
Avg. Asking Price ₹ 9,750 /Sq.Ft
Govt Registration Rate ₹ 7,900 /Sq.Ft
Avg. Asking Price ₹ 6,950 /Sq.Ft
Govt Registration Rate ₹ 5,600 /Sq.Ft

More insights about Mira Road East, Thane

FAQ

Frequently Asked Questions About Property Rates in Mira Road East, Thane

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

The average asking price in Mira Road East is ₹17,800 per sq ft as of September 2026. This rate has appreciated by 2.89% compared to the previous period, reflecting sustained demand for residential apartments in this locality.

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

Property prices in Mira Road East have shown a mixed trajectory throughout 2026. While the location rate stood at ₹17,800 per sq ft in June 2026, it was ₹17,300 per sq ft in March 2026 and ₹15,750 per sq ft in December 2025, indicating a consistent upward trend in capital values for buyers over the last year.

How do property rates in Mira Road East compare to nearby areas?

Property rates vary significantly across the region; for instance, Beverly Park currently commands a higher average asking price of ₹20,450 per sq ft, which has appreciated by 15.9% compared to the prior period. In contrast, Ghodbunder Road offers a more accessible entry point at ₹15,450 per sq ft, having appreciated by 6.3%, while the broader Mira Road area averages ₹16,450 per sq ft, which has depreciated by 2.72% over the same timeframe.

What is the price difference between ready-to-move and under-construction properties in Mira Road East?

As of September 2026, ready-to-move properties in Mira Road East are priced at an average of ₹13,650 per sq ft, having appreciated by 16% compared to the previous period. Under-construction projects are currently priced higher at ₹17,250 per sq ft, reflecting a significant appreciation of 39.66% over the same timeframe, which often signals strong investor confidence in new supply and future development.

What is the average rental rate and rental yield in Mira Road East?

The average rental rate in Mira Road East is ₹62 per sq ft as of September 2026, marking an appreciation of 29.17% compared to the previous period. The locality currently offers a rental yield of 4.18%, which serves as a key indicator for investors evaluating the income potential of their property relative to the current capital outlay.

What are the typical monthly rental rates for different BHK configurations in Mira Road East?

As of September 2026, the rental market in Mira Road East is segmented by unit size: 1 BHK apartments average ₹19,300 per month, 2 BHK units average ₹30,600 per month, and 3 BHK apartments command an average of ₹52,000 per month. These figures help tenants and landlords understand the prevailing market rates for residential apartments in the locality.

Which projects in Mira Road East currently command the highest rental rates?

As of September 2026, premium rental projects in Mira Road East include Sanghvi Sanghvi Nagar at ₹66 per sq ft, Delta Woods at ₹64 per sq ft (which has appreciated by 12.28%), and Mira CHS Mira Road East at ₹61 per sq ft (which has seen a significant appreciation of 1933.33%). These projects represent the higher end of the rental market, often due to their specific amenities or strategic location within the locality.

How should investors interpret the transaction activity in Mira Road East?

With 991 transactions recorded between November 2025 and October 2026, totaling a gross value of ₹617 Cr, Mira Road East demonstrates a highly active real estate market. This volume of activity suggests strong liquidity, making it a noteworthy area for both end-users looking for established communities and investors seeking high-demand residential assets.

Which projects in Mira Road East have the highest listing rates?

As of September 2026, Delta Woods leads the market with a listing rate of ₹22,350 per sq ft, followed by Siddhivinayak Florentia at ₹21,050 per sq ft (which has appreciated by 89.99%) and RNA NG Aroma at ₹21,000 per sq ft (which has appreciated by 42.32%). These top-tier projects reflect the premium segment of the Mira Road East market, where property values have seen substantial growth.

How can I use the property rates data on this page for my home-buying decision?

The property rates data allows you to compare current asking prices against historical trends to identify whether a locality like Mira Road East is currently in an upward or downward price cycle. By reviewing the status-wise pricing, such as the ₹13,650 per sq ft for ready-to-move units versus the ₹17,250 per sq ft for under-construction projects, you can align your budget with your preference for immediate possession or long-term capital appreciation.

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