Property rates in Mira Road average ₹16,450 per sq ft. This valuation reflects a stable residential market with high interest in both ready-to-move and under-construction projects. Investors are noting a rental yield of 3.79%, supported by diverse inventory ranging from studio apartments to spacious 3 BHK units. With top-tier projects like Shree Ostwal Samata Sadan commanding premium rates, the locality continues to attract buyers seeking a balance of lifestyle amenities and long-term value.
Insights for Mira Road, Thane Real Estate Market Overview
The real estate landscape in Mira Road displays a dynamic mix of established residential pockets and emerging premium developments. With an average asking price of ₹16,450 per sq ft, the market balances accessibility with high-end luxury offerings. Rental activity remains robust, anchored by a healthy rental yield of 3.79% and consistent demand across various apartment configurations. While ready-to-move projects provide immediate housing solutions, significant construction activity indicates a steady pipeline of new supply to meet future growth.
Average rental rates across the locality stand at ₹52 per sq ft, reflecting sustained demand for residential leasing.
Ready-to-move units offer a competitive entry point at ₹13,750 per sq ft, having seen a 3.56% increase.
Premium developments such as Kalpataru Srishti have recorded significant growth, with rates reaching up to ₹24,050 per sq ft.
Rental preferences are well-distributed, with 1 BHK units averaging ₹20,850 per month and 3 BHK units at ₹46,000 per month.
The market shows a strong preference for under-construction inventory, which is currently priced at ₹16,400 per sq ft.
Market Strengths
Healthy rental yield of 3.79% across residential properties.
Significant 15.9% price growth observed in the premium Beverly Park area.
Strong 13.18% appreciation in under-construction project rates.
Robust inventory of 1,232 ready-to-move units providing immediate options for buyers.
Diverse rental market with 3 BHK units averaging ₹46,000 per month.
Stable asking prices for apartments at ₹16,250 per sq ft.
Market Challenges
Rental rates for office spaces have seen a significant decline of -15.62%.
Rental rates for apartments have experienced a slight downward pressure of -1.92%.
Projects on hold have seen a sharp price correction of -14.56%.
Rental rates in Hatkesh Udhog Nagar have decreased by -5.88%.
Investment Opportunities
Rental yield of 3.79% provides an attractive return for investors focusing on residential leasing.
Ready-to-move units at ₹13,750 per sq ft offer a lower entry cost compared to the broader market average.
Strong 13.45% price growth in partially ready-to-move projects indicates rising demand for near-possession homes.
1 BHK apartments at ₹20,850 per month serve as a consistent income-generating asset for landlords.
Premium projects like Kalpataru Srishti continue to show high value appreciation potential.
Price Trend
Mira Road, Thane Property Price Trends and Appreciation
Property rates in Mira Road have shown steady movement over the past year. After reaching ₹16,900 per sq ft in March 2026, values adjusted to the current level of ₹16,450 per sq ft. This trend highlights a balanced market environment where prices have stabilized after recent fluctuations.
Beverly Park stands out as a premium enclave in the region, commanding an average rate of ₹20,450 per sq ft with a notable 15.9% increase. In contrast, Mira Road East offers a more accessible entry point at ₹17,800 per sq ft, reflecting a 2.89% growth. These variations allow buyers to choose between high-end established neighborhoods and rapidly growing residential corridors within the same locality.
Residential apartments in Mira Road currently average ₹16,250 per sq ft, making them the primary focus for most homebuyers. This segment has experienced a minor adjustment of -1.19%, offering a stable entry point for those looking to invest in the region's long-term growth.
The market provides diverse options based on project completion, with 1,232 ready-to-move units averaging ₹13,750 per sq ft after a 3.56% rise. Under-construction projects, totaling 70 units, are priced at ₹16,400 per sq ft, reflecting a strong 13.18% growth. Meanwhile, new launches are arriving at ₹16,700 per sq ft, catering to buyers looking for modern amenities and updated floor plans.
Project & Developer Insights
Top Residential Projects and Developers in Mira Road
Top Projectsin Mira Road
Mayfair Mira Pride is the top project in Mira Road with prices from ₹ 1.35 Cr to 2.21 Cr.
Mayfair Mira Pride
₹ 1.35 Cr - ₹ 2.21 Cr
Mira Bhayandar, Thane
JP The Palace
₹ 79.36 L - ₹ 1.61 Cr
Mira Bhayandar, Thane
Prestige Garden Trails
₹ 94.46 L - ₹ 2.35 Cr
Mira Bhayandar, Thane
JP Codename StarLife
₹ 67.57 L - ₹ 1.94 Cr
Mira Bhayandar, Thane
Kalpataru Srishti Namaah
₹ 95.24 L - ₹ 4.46 Cr
Mira Bhayandar, Thane
JP Esquire
₹ 82 L - ₹ 1.15 Cr
Mira Bhayandar, Thane
JP North Elara
₹ 59.99 L - ₹ 2.57 Cr
Mira Bhayandar, Thane
JP North Celeste
₹ 50.98 L - ₹ 89.43 L
Mira Bhayandar, Thane
JP Connect
₹ 69 L - ₹ 1.38 Cr
Mira Bhayandar, Thane
JP North Westend
₹ 91 L - ₹ 2.28 Cr
Mira Bhayandar, Thane
View More
New Launch
Under Construction
Ready to Move
Top Developersin Thane
Lodha leads in Thane with 249 projects and 39 years of experience.
Premium residential developments in Mira Road represent the high-value segment of the market. Shree Ostwal Samata Sadan leads the list at ₹58,450 per sq ft, while Anandashram CHS and Royal Accord 3 follow with rates of ₹26,550 and ₹26,300 per sq ft respectively. Other notable projects like Kalpataru Srishti and Shree Ostwal Horizon also command significant values, confirming the appeal of these well-planned residential clusters.
Top projects like Om Pushpak CHS and Raj Exotica are among the most sought-after, with rental rates of ₹70 and ₹66 per sq ft respectively. Other prominent developments such as JP North Celeste and RNA Courtyard also maintain strong rental demand with rates ranging between ₹62 and ₹64 per sq ft.
Government Registrations
Government Registration in Mira Road, Thane
Recent registration data highlights consistent buyer activity in Mira Road, with 64 transactions recorded between November 2025 and October 2026. This level of activity points to a resilient market with sustained demand for residential properties across the locality.
Sales Transactions64
Gross Sales Value₹ 0
Recent Registered Transactions
Recent Registered Transactions in Mira Road
The Mira Road market recorded 64 registered transactions between November 2025 and October 2026, reflecting steady buyer engagement.
Date
Floor/Unit
Tower/Wing
Area
Value
Rate/Sq.Ft.
2026-08-27
Floor 8, Unit 825 आठवा मजला डी विंग डेल्टा गार्डन को ऑप होऊ सो
D
411 Sq.Ft.
2026-08-12
Floor 2, Unit 204
N/A
354 Sq.Ft.
2026-08-12
Floor 2, Unit 204/A
N/A
492 Sq.Ft.
2026-08-04
Floor 14, Unit 1403 आणि 1403 ए 14 वा मजला बिल्डिंग नं 4 गौरव वू
N/A
958 Sq.Ft.
2026-07-30
Floor 4, Unit 425 चौथा मजला डी विंग डेल्टा गार्डन को ऑप होऊ सो
D
411 Sq.Ft.
2026-07-24
Floor 7, Unit 705 7 वा मजला बी विंग डेल्टा गार्डन को ऑप होऊ सो
B
411 Sq.Ft.
2026-07-08
Floor 4, Unit 401 4 था मजला बिल्डिंग नं 5 बिल्डिंग टाईप बी 3 प
N/A
901 Sq.Ft.
2026-06-30
Floor 2, Unit ं 201 /एच विंग दुसरा मजला बिल्डिंग गौरव रेसिडेन्
H
738 Sq.Ft.
2026-06-29
Floor 4, Unit 406 4 था मजला बिल्डिंग सिम्फोनी छेडा कॉम्प्लेक्स
N/A
318 Sq.Ft.
2026-06-05
Floor 17, Unit ए 1702 क्षेत्रफळ 40 60 चौ मी रेरा कार्पेट म्हणजे
A
497 Sq.Ft.
Rental Trends
Rental Trends and Average Rent in Mira Road, Thane
Rental rates vary by unit size, with studios averaging ₹19,300 per month. 1 BHK apartments are priced at ₹20,850, while 2 BHK and 3 BHK units command higher monthly rents of ₹32,550 and ₹46,000 respectively. Rental rates show variability across the region, with Mira Road East averaging ₹50 per sq ft. Bhayandar East remains a premium rental hub at ₹100 per sq ft, while other areas like Hatkesh Udhog Nagar and Ghodbunder Road maintain a steady rental benchmark of ₹50 per sq ft. Shops in Mira Road lead the rental market at ₹150 per sq ft, showing a 6.25% increase. Apartments are currently rented at ₹50 per sq ft, reflecting a minor adjustment of -1.92% compared to the previous period. Top projects like Om Pushpak CHS and Raj Exotica are among the most sought-after, with rental rates of ₹70 and ₹66 per sq ft respectively. Other prominent developments such as JP North Celeste and RNA Courtyard also maintain strong rental demand with rates ranging between ₹62 and ₹64 per sq ft.
Rental rates vary by unit size, with studios averaging ₹19,300 per month. 1 BHK apartments are priced at ₹20,850, while 2 BHK and 3 BHK units command higher monthly rents of ₹32,550 and ₹46,000 respectively.
Rental rates show variability across the region, with Mira Road East averaging ₹50 per sq ft. Bhayandar East remains a premium rental hub at ₹100 per sq ft, while other areas like Hatkesh Udhog Nagar and Ghodbunder Road maintain a steady rental benchmark of ₹50 per sq ft.
Shops in Mira Road lead the rental market at ₹150 per sq ft, showing a 6.25% increase. Apartments are currently rented at ₹50 per sq ft, reflecting a minor adjustment of -1.92% compared to the previous period.
Frequently Asked Questions About Property Rates in Mira Road, Thane
What is the current average asking price in Mira Road as of September 2026?
The average asking price in Mira Road is ₹16,450 per sq ft as of September 2026. This figure reflects a market depreciation of 2.72% compared to the previous period, indicating a slight softening in property prices within the locality.
How have property prices in Mira Road trended throughout 2026?
Property prices in Mira Road have shown a fluctuating trend throughout 2026. The location rate moved from ₹16,900 per sq ft in March 2026 to ₹16,450 per sq ft in June 2026, and further to ₹16,250 per sq ft by September 2026, reflecting a period of price adjustment in the local real estate market.
How do property rates for Ready To Move projects compare to Under Construction projects in Mira Road?
As of September 2026, Ready To Move projects in Mira Road are priced at an average of ₹13,750 per sq ft, which has appreciated by 3.56% over the observed period. In contrast, Under Construction projects command a higher average of ₹16,400 per sq ft, having appreciated by 13.18% compared to the previous period, suggesting strong developer-led pricing for newer inventory.
What is the average rental yield in Mira Road, and what does it signify for investors?
The average rental yield in Mira Road stands at 3.79% as of September 2026. This yield represents the annual rental income relative to the property's capital value, providing investors with a benchmark to evaluate the income-generating potential of residential assets in the area alongside the current average rental rate of ₹52 per sq ft.
What are the typical monthly rental rates for different BHK configurations in Mira Road?
As of September 2026, rental rates in Mira Road vary by configuration: Studio apartments average ₹19,300 per month, 1 BHK units average ₹20,850 per month, 2 BHK units average ₹32,550 per month, and 3 BHK units average ₹46,000 per month. These figures provide a clear range for tenants and landlords to understand the market positioning of different unit sizes.
Which residential projects in Mira Road currently command the highest rental rates?
As of September 2026, premium rental projects in Mira Road include Om Pushpak CHS at ₹70 per sq ft, Raj Exotica at ₹66 per sq ft, and Kalpataru Srishti 337 CHS Ltd at ₹65 per sq ft. Other notable projects like JP North Celeste and The Arihant CHS also command competitive rates, reflecting their specific amenities and location advantages within the micromarket.
How do rental rates for different property types compare in Mira Road?
Rental rates in Mira Road as of September 2026 show that shops and office spaces both command an average of ₹150 per sq ft, while residential apartments average ₹50 per sq ft. Notably, the rental rate for shops has appreciated by 6.25%, whereas office space rates have seen a depreciation of 15.62% and apartment rates have depreciated by 1.92% compared to the previous period.
What are the most expensive projects by listing rate in Mira Road?
As of September 2026, the project with the highest listing rate in Mira Road is Shree Ostwal Samata Sadan at ₹58,450 per sq ft, which has appreciated by 0.48% compared to the previous period. Other high-value projects include Anandashram CHS at ₹26,550 per sq ft (up 0.47%) and Royal Accord 3 at ₹26,300 per sq ft (up 3.50%), highlighting the premium segment of the local market.
How does the average asking price vary between Mira Road East and Beverly Park?
As of September 2026, Beverly Park commands a higher average asking price of ₹20,450 per sq ft, having appreciated by 15.9% compared to the previous period. Mira Road East currently has an average asking price of ₹17,800 per sq ft, which has appreciated by 2.89% over the same timeframe, indicating that Beverly Park is currently positioned as a more premium neighbourhood within the broader Mira Road area.
What is the significance of the price appreciation seen in Partially Ready To Move projects in Mira Road?
Partially Ready To Move projects in Mira Road are currently priced at ₹17,550 per sq ft as of September 2026, showing a significant appreciation of 13.45% compared to the previous period. This sharp increase often signals high demand for units that are nearing completion, as buyers are willing to pay a premium for projects that offer lower risk than under-construction properties while still being relatively new.
