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Insights for Mira Road, Thane Real Estate Market Overview

The real estate market in Mira Road presents a diverse landscape for both homeowners and investors, characterized by a mix of established residential pockets and emerging project developments. Current pricing remains anchored at ₹16,450 per sq ft, supported by a range of ready-to-move and under-construction inventory that caters to varying buyer timelines and budgets. Rental activity is equally vibrant, with a healthy yield of 3.79% and strong demand for 1 BHK and 2 BHK configurations that provide consistent returns for landlords. The area's infrastructure and connectivity continue to drive interest, with premium projects showcasing significant value appreciation and sustained buyer confidence.

  • Ready-to-move inventory is priced at an average of ₹13,750 per sq ft, offering immediate value for residents.
  • The rental market is robust, with 3 BHK apartments commanding an average monthly rent of ₹47,550.
  • New launch projects are entering the market at an average rate of ₹16,700 per sq ft, indicating future supply growth.
  • Premium developments like Shree Ostwal Samata Sadan and Royal Accord 3 continue to set high-value benchmarks in the locality.
  • Office spaces and shops are showing strong rental performance, with rates averaging ₹150 per sq ft.

Market Strengths
  • Strong rental growth of 6.12% across the apartment segment.
  • Significant price appreciation in partially ready-to-move projects of 13.45%.
  • Under-construction projects show robust growth with a 13.18% increase in rates.
  • Diverse rental options ranging from studio apartments to 3 BHK units.
  • High rental demand in Bhayandar East with a 165% increase in rental rates.
  • Well-established residential pockets like Beverly Park command a premium rate of ₹20,450 per sq ft.
Market Challenges
  • Project on hold status reflects a -14.56% price decline, indicating localized risk in certain developments.
  • Apartment prices have seen a slight adjustment of -2.72% over the recent period.
  • Rental rates for Gaurav Galaxy have declined by -20.63%, suggesting fluctuating demand in specific sub-locations.
Investment Opportunities
  • Rental yield of 3.79% indicates a healthy return potential for residential investors.
  • Ready-to-move projects at ₹13,750 per sq ft offer a lower entry price compared to the overall market average.
  • High demand for 1 BHK and 2 BHK units provides steady rental income streams.
  • Commercial property types like office spaces and shops command a high rental rate of ₹150 per sq ft.
Top Localities in Mira Road, Thane

Naya Nagar

Avg Price ₹ 17,500 /Sq.Ft.
LISTINGS 1
Price Trend

Mira Road, Thane Property Price Trends and Appreciation

Property rates in Mira Road have fluctuated over recent quarters, starting from ₹15,650 per sq ft in September 2025 and reaching a peak of ₹16,900 per sq ft by March 2026. As of June 2026, the rate has adjusted to ₹16,450 per sq ft. This trend reflects the natural cooling and adjustment phases commonly seen in a high-demand suburban market.
Asking Price Trends
₹ 16,450/Sq.Ft -2.72 % QoQ
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 16450
Mar 2026 16900
Dec 2025 16450
Sep 2025 15650
About Asking Price Trends
Mira Road Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Beverly Park 20,450 15.9
Mira Road East 17,800 2.9
Mira Road East commands an average rate of ₹17,800 per sq ft, reflecting its status as a primary residential hub. In contrast, Beverly Park stands at a premium of ₹20,450 per sq ft, demonstrating the high demand for established, well-amenitized pockets within the locality. These variations highlight the distinct value propositions different sub-areas offer to potential homebuyers.
Type Rate (₹/Sq.Ft) Change %
Apartment 16,450 -2.7
The Mira Road market centers on apartment living, with rates currently averaging ₹16,450 per sq ft. This segment has seen a slight adjustment of -2.72%, providing a more accessible entry point for residential buyers looking to invest in this well-connected Thane locality.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 1,401 13,699 3.2
Under Construction 70 16,400 13.2
New Launch 5 16,700 12
Mira Road provides a balanced supply of residential options to suit different possession preferences. Ready To Move properties, which total 1,232 units, are priced at an average of ₹13,750 per sq ft, while 70 under-construction projects cater to those planning for the future at ₹16,400 per sq ft. Additionally, new launches are priced at ₹16,750 per sq ft, reflecting the current development momentum in the area.
Project & Developer Insights

Top Residential Projects and Developers in Mira Road

Top Projects in 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
Kalpataru Srishti Namaah ₹ 95.24 L - ₹ 4.46 Cr
  • Mira Bhayandar, Thane
JP Codename StarLife ₹ 67.57 L - ₹ 1.94 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
Sunteck Sky Park ₹ 1.25 Cr - ₹ 1.96 Cr
  • Mira Bhayandar, Thane
JP Connect ₹ 69 L - ₹ 1.38 Cr
  • Mira Bhayandar, Thane
View More
New Launch
Under Construction
Ready to Move
Top Developers in Mumbai
Lodha leads in Mumbai with 247 projects and 39 years of experience.
DLF
Lodha ₹ 17.5 L - ₹ 17.36 Cr
  • 247 Projects
  • 39 Years
DLF
Kalpataru ₹ 43.8 L - ₹ 5.15 Cr
  • 62 Projects
  • 50 Years
DLF
JP Infra ₹ 50.98 L - ₹ 2.57 Cr
  • 23 Projects
  • 13 Years
DLF
Mayfair Housing ₹ 11 L - ₹ 2.54 Cr
  • 6 Projects
  • 52 Years
DLF
Paradigm Realty ₹ 68 L - ₹ 1.06 Cr
  • 3 Projects
  • 4 Years
DLF
Prestige ₹ 94.46 L - ₹ 2.52 Cr
  • 2 Projects
  • 33 Years
DLF
Ravi Group ₹ 35.4 L - ₹ 1.69 Cr
  • 39 Projects
  • 28 Years
DLF
Cosmos Group ₹ 40.9 L - ₹ 3.32 Cr
  • 35 Projects
  • 19 Years
DLF
Unique Shanti Developers Pvt Ltd ₹ 47.55 L - ₹ 1.78 Cr
  • 32 Projects
DLF
Shree Ostwal Builders Ltd ₹ 41.23 L - ₹ 2.26 Cr
  • 33 Projects
View More
Top Projects by Listing Rates
  • Listing Rate
  • By Rental
Premium residential developments in Mira Road are driving significant market value through their high-end amenities and strategic locations. Shree Ostwal Samata Sadan leads the list with an asking price of ₹58,450 per sq ft, followed by Anandashram CHS at ₹26,550 per sq ft. Other notable projects like Royal Accord 3 and Bhattad Aurus are priced at ₹26,300 per sq ft and ₹25,700 per sq ft, respectively, catering to the aspirational segment of the buyer market.
Top projects for rentals include Om Pushpak CHS at ₹70 per sq ft and Raj Exotica at ₹66 per sq ft. Other notable projects such as Kalpataru Srishti 337 CHS Ltd and JP North Celeste maintain strong rental rates between ₹64 and ₹65 per sq ft, reflecting sustained demand for these specific developments.
Rental Trends

Rental Trends and Average Rent in Mira Road, Thane

Rental rates vary by configuration, with studio apartments averaging ₹19,300 per month and 1 BHK units at ₹22,000 per month. Larger 2 BHK apartments command an average of ₹33,100 per month, while 3 BHK units reach an average of ₹47,550 per month, catering to varied family sizes. Bhayandar East leads the rental market with an average rate of ₹100 per sq ft, showing a significant increase of 165%. Other areas like Mira Road East, Vijay Park, and Pleasant Park maintain a steady average of ₹50 per sq ft, with varying growth rates up to 29.17% in Mira Road East. Commercial property types, including shops and office spaces, command a premium rental rate of ₹150 per sq ft. Meanwhile, the apartment segment continues to be a staple of the rental market, averaging ₹50 per sq ft with a positive growth of 6.12%. Top projects for rentals include Om Pushpak CHS at ₹70 per sq ft and Raj Exotica at ₹66 per sq ft. Other notable projects such as Kalpataru Srishti 337 CHS Ltd and JP North Celeste maintain strong rental rates between ₹64 and ₹65 per sq ft, reflecting sustained demand for these specific developments.
Mira Road Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
Studio 19,300
1 Bhk 22,000
2 Bhk 33,100
3 Bhk 47,550
Rental rates vary by configuration, with studio apartments averaging ₹19,300 per month and 1 BHK units at ₹22,000 per month. Larger 2 BHK apartments command an average of ₹33,100 per month, while 3 BHK units reach an average of ₹47,550 per month, catering to varied family sizes.
Locality Rate (₹/Sq.Ft) Change %
Mira Road East 50 29.2
Vijay Park 50 4.8
Bhayandar East 100 165
Pleasant Park 50 13.9
Gaurav Galaxy 50 -20.6
Hatkesh Udhog Nagar 50 18.6
Bhayandar West 50 81.6
Ghodbunder Road 50 -
Bhayandarpada 50 -2.1
Owale 50 -
Bhayandar East leads the rental market with an average rate of ₹100 per sq ft, showing a significant increase of 165%. Other areas like Mira Road East, Vijay Park, and Pleasant Park maintain a steady average of ₹50 per sq ft, with varying growth rates up to 29.17% in Mira Road East.
Property Type Rate (₹/Sq.Ft) Change %
Shop 150 -3.4
Office Space 150 23.1
Apartment 50 6.1
Commercial property types, including shops and office spaces, command a premium rental rate of ₹150 per sq ft. Meanwhile, the apartment segment continues to be a staple of the rental market, averaging ₹50 per sq ft with a positive growth of 6.12%.

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, 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, Thane

FAQ

Frequently Asked Questions About Property Rates in Mira Road, Thane

What is the current average asking price in Mira Road?

As of June 2026, the average asking price in Mira Road is ₹16,450 per sq ft. This figure reflects a depreciation of 2.72% compared to the previous period, indicating a recent market adjustment in the locality.

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

Property rates in Mira Road have shown a mixed trajectory leading up to June 2026. Data shows the average asking price moved from ₹15,650 per sq ft in September 2025 to ₹16,450 per sq ft in December 2025, peaked at ₹16,900 per sq ft in March 2026, and subsequently adjusted to ₹16,450 per sq ft as of June 2026. This fluctuation highlights the dynamic nature of the local real estate market.

How do property rates in Mira Road compare by project status?

As of June 2026, property rates in Mira Road vary significantly based on project status. Ready To Move projects are priced at ₹13,750 per sq ft, having appreciated by 3.56% compared to the prior period. Conversely, Under Construction projects are priced at ₹16,400 per sq ft, showing a notable appreciation of 13.18%. New Launch projects are currently at ₹16,700 per sq ft, reflecting a 12.01% appreciation, while Partially Ready To Move projects command a premium at ₹17,550 per sq ft, up by 13.45%.

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

As of June 2026, the average rental rate in Mira Road is ₹52 per sq ft, which has appreciated by 6.12% compared to the previous period. The locality currently offers a rental yield of 3.79%, providing a useful benchmark for investors evaluating the income potential of their residential assets relative to capital investment.

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

As of June 2026, rental rates in Mira Road vary by unit size to accommodate different tenant profiles. Studio apartments average ₹19,300 per month, while 1 BHK units average ₹22,000 per month. For larger requirements, 2 BHK units command an average of ₹33,100 per month, and 3 BHK units are available at an average of ₹47,550 per month.

Which projects in Mira Road command the highest rental rates?

As of June 2026, several projects in Mira Road stand out for their premium rental rates. Om Pushpak CHS leads with a rental rate of ₹70 per sq ft, followed by Raj Exotica at ₹66 per sq ft, and Kalpataru Srishti 337 CHS Ltd at ₹65 per sq ft. Other notable projects include JP North Celeste at ₹64 per sq ft and both The Arihant CHS and Kamala Niwas at ₹63 per sq ft. These rates are generally stable, though projects like RNA Courtyard have seen an appreciation of 21.57%.

How do rental rates for apartments compare to commercial properties in Mira Road?

As of June 2026, commercial properties in Mira Road generally command higher rental rates than residential apartments. While apartments average ₹50 per sq ft, with a 6.12% appreciation, both shops and office spaces are priced at an average of ₹150 per sq ft. Notably, office spaces have seen a significant appreciation of 23.08%, whereas shop rentals have experienced a slight depreciation of 3.36%.

What are the most expensive residential projects in Mira Road by listing rate?

As of June 2026, Shree Ostwal Samata Sadan is the most premium project in Mira Road with a listing rate of ₹58,450 per sq ft, reflecting a modest appreciation of 0.48%. 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 3.5%). These projects represent the upper tier of the local market, with some, like Shree Ostwal Horizon, showing significant appreciation of 52.63% to reach a current rate of ₹24,000 per sq ft.

How do property rates in Beverly Park compare to Mira Road East?

As of June 2026, Beverly Park commands a higher average asking price of ₹20,450 per sq ft, which has appreciated by 15.9% over the observed period. In comparison, Mira Road East has an average asking price of ₹17,800 per sq ft, reflecting an appreciation of 2.89%. These figures suggest that Beverly Park currently serves as a higher-priced sub-market within the broader Mira Road area.

How should investors interpret the rental yield data for Mira Road?

Investors can use the 3.79% rental yield as of June 2026 to gauge the annual return on investment from rental income relative to the property's purchase price. When combined with the current average asking price of ₹16,450 per sq ft, this metric helps in assessing whether a property in Mira Road aligns with an income-focused investment strategy or a long-term capital appreciation goal.

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