Mira Road, Thane, presents a dynamic real estate market with an average asking price of ₹16,918 per sq ft. The market shows a positive price trend, with projected increases in asking rates over the next few quarters, reaching ₹16,918 per sq ft by March 2026. The rental market is active, reporting an average rental rate of ₹49 per sq ft and a rental yield of 3.48%. Studio apartments are available for rent at an average of ₹19,286 per month, while 1, 2, and 3 BHK apartments range from ₹22,583 to ₹47,476 per month, respectively. Notably, Mira Road East sees an average rental rate of ₹48 per sq ft.
Mira Road's real estate market is experiencing a steady upward trajectory in property values, with the average asking price currently at ₹16,918 per sq ft and projected to climb to ₹16,918 per sq ft by March 2026. This growth is supported by consistent demand across various property types, with apartments averaging ₹16,918 per sq ft. The rental market offers attractive opportunities, boasting an average rental rate of ₹49 per sq ft and a rental yield of 3.48%. Rental rates vary by BHK configuration, with Studio apartments averaging ₹19,286 per month and 3 BHKs reaching ₹47,476 per month. Sub-locations like Mira Road East contribute to the rental landscape with an average rate of ₹48 per sq ft, though some areas like Hatkesh Udhog Nagar have seen a notable decrease of 23.21% in rental rates. The property status also indicates a healthy market, with 'Ready To Move' properties comprising 709 units at ₹12,927 per sq ft and 'Well Occupied' units at ₹12,478 per sq ft.
Comprehensive assessment of your property's current worth in the current market
The property asking prices in Mira Road are showing a consistent upward trend. Projections indicate a rise from ₹15,837 per sq ft in June 2025 to ₹16,918 per sq ft by March 2026. This steady growth suggests increasing property values within the locality over the coming quarters.
Apartments in Mira Road represent the primary residential offering, with an average price of ₹16,918 per sq ft and a positive change of 2.95%. This indicates a healthy demand and appreciation for apartment living within the area.
Mira Road's property market caters to diverse buyer needs, offering options across various construction stages. Ready To Move properties, with 709 units, are priced at ₹12,927 per sq ft, while Under Construction projects offer 76 units at ₹14,542 per sq ft. New Launch projects, though fewer in number (3 units), show strong potential with an average price of ₹15,525 per sq ft and a significant 17.31% increase.
Mira Road's diverse micro-markets offer varied price points for real estate. Beverly Park commands an average rate of ₹17,625 per sq ft, showing a significant 18.02% increase. Mira Road East follows closely at ₹17,279 per sq ft, with a notable 10.51% rise. In contrast, Ghodbunder averages ₹14,285 per sq ft, experiencing a slight decrease of 2.73%. Bhayandar East stands out with the highest average rate at ₹18,332 per sq ft, reflecting a substantial 23.4% growth.
The premium segment of Mira Road's real estate market is highlighted by projects commanding high asking prices. Shree Ostwal Samata Sadan leads with a rate of ₹57,039 per sq ft, indicating a luxury positioning. Bhattad Aurus is also notable, priced at ₹25,211 per sq ft with a 12.36% increase, and Royal Accord 3 is available at ₹24,693 per sq ft.
Among the top projects for rent in Mira Road, Om Pushpak CHS leads with a rental rate of ₹70 per sq ft. Raj Exotica and Kalpataru Srishti 337 CHS Ltd also command high rental rates at ₹66 per sq ft and ₹65 per sq ft, respectively. RNA Courtyard has seen a notable increase of 21.57% in its rental rate.
Rental rates in Mira Road show a clear progression with the size of the unit. Studio apartments are available for rent at an average of ₹19,286 per month. As the unit size increases, so does the rental price, with 1 BHK apartments averaging ₹22,583 per month, 2 BHKs at ₹34,626 per month, and 3 BHKs reaching ₹47,476 per month.
Rental rates across Mira Road's sub-locations show variation. Mira Road East averages ₹48 per sq ft with a 5.88% decrease, while Bhayandar East offers rentals at ₹40 per sq ft, marking a significant 14.89% drop. Conversely, Miragaon shows a positive trend with rental rates at ₹69 per sq ft, up by 13.11%.
Apartments are the dominant property type for rent in Mira Road, with an average rental rate of ₹49 per sq ft, experiencing a slight decrease of 5.77%.
As of March 2026, the average asking price in Mira Road stands at ₹16,918 per sq ft. This represents a notable appreciation of 2.95% from the rate recorded in December 2025, indicating a positive trend in property values within the locality.
Property prices in Mira Road have shown some fluctuation over the past year. From June 2025 to March 2026, the average location rate moved from ₹15,837 per sq ft to ₹16,918 per sq ft. While there was a dip in September 2025 to ₹15,633 per sq ft, the market has since recovered, showing an upward trend, particularly from December 2025 to March 2026 where prices appreciated by 2.95%.
Property rates in Mira Road vary significantly across its neighborhoods as of March 2026. Bhayandar East shows the highest average rate at ₹18,332 per sq ft, appreciating by 23.4% over its previous period. Other areas like Beverly Park (₹17,625 per sq ft, up 18.02%) and Naya Nagar (₹17,490 per sq ft, stable) also command premium pricing. Conversely, Kharegaon has the lowest average rate at ₹10,460 per sq ft, experiencing a slight depreciation of 1.31%.
As of March 2026, the average price for an apartment in Mira Road is ₹16,918 per sq ft. This segment has seen a positive movement, appreciating by 2.95% compared to the previous period, suggesting sustained demand for apartment living in the locality.
Property prices in Mira Road vary by construction status as of March 2026. 'Ready To Move' properties are priced at ₹12,927 per sq ft, showing a decrease of 2.59%. 'Under Construction' properties are priced at ₹14,542 per sq ft, with a slight depreciation of 0.12%. 'New Launch' properties are at ₹15,525 per sq ft, indicating a significant appreciation of 17.31%, suggesting strong initial interest in newly launched projects.
As of March 2026, Shree Ostwal Samata Sadan leads in listing rates in Mira Road at ₹57,039 per sq ft, showing no change from the previous period. Following this are Bhattad Aurus at ₹25,211 per sq ft, which has appreciated by 12.36%, and Royal Accord 3 at ₹24,693 per sq ft, which remains stable.
The average rental rate in Mira Road is ₹49 per sq ft as of March 2026. The area offers a rental yield of 3.48%, which indicates the potential return on investment for property owners through rental income relative to property value.
Rental rates in Mira Road show a clear progression with the number of bedrooms. Studio apartments average ₹19,286 per month, 1 BHK units are around ₹22,583 per month, 2 BHK apartments command an average of ₹34,626 per month, and 3 BHK units are the highest at ₹47,476 per month as of March 2026. This pattern suggests increasing demand and value for larger living spaces.
Rental rates in Mira Road's micromarkets show considerable variation as of March 2026. Miragaon has the highest average rental rate at ₹69 per sq ft, with a 13.11% appreciation. Gaurav Galaxy is also high at ₹63 per sq ft, remaining stable. Conversely, areas like Pleasant Park (₹36 per sq ft) and Bhayandar East (₹40 per sq ft) have lower rental rates, with Bhayandar East experiencing a significant depreciation of 14.89%.
As of March 2026, Om Pushpak CHS in Mira Road leads with the highest rental rate at ₹70 per sq ft. Other prominent projects include Raj Exotica at ₹66 per sq ft and Kalpataru Srishti 337 CHS Ltd at ₹65 per sq ft, both showing no change in their rental rates. RNA Courtyard has seen a notable appreciation of 21.57%, reaching ₹62 per sq ft.
As of March 2026, the average rental rate for apartments in Mira Road is ₹49 per sq ft per month. This figure has seen a depreciation of 5.77% compared to the previous period, indicating a softening in apartment rental prices.
A rental yield of 3.48% in Mira Road as of March 2026 suggests the annual return an investor can expect from rental income relative to the property's capital value. This figure helps investors compare the income-generating potential of properties in Mira Road against other investment opportunities or rental yields in different locations.
The overall average asking price in Mira Road is ₹16,918 per sq ft as of March 2026. This average is influenced by its micromarkets, which show varied pricing. For instance, Bhayandar East has an average rate of ₹18,332 per sq ft, while Kharegaon is significantly lower at ₹10,460 per sq ft. This indicates that while the broader locality average is ₹16,918 per sq ft, specific neighborhoods can offer different price points.
Property Valuation 
