Thane
The real estate market in Mira Road presents a diverse landscape for both homebuyers and investors, characterized by steady price adjustments and a healthy rental ecosystem. Recent quarterly trends show a balanced market, with asking prices reflecting current demand and supply dynamics across various development stages. The rental market is particularly active, offering attractive yields that appeal to those looking for consistent income streams. Developers are focusing on a mix of ready-to-move and under-construction projects to cater to shifting buyer preferences.
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 correction in the locality.
Property price trends in Mira Road have shown a mixed trajectory over the last year. While the average asking price stood at ₹16,450 per sq ft in June 2026, it fluctuated from ₹15,650 per sq ft in September 2025 to a peak of ₹16,900 per sq ft in March 2026, before settling at the current level.
Property rates in Mira Road vary significantly by construction status as of June 2026. Ready To Move projects are priced at ₹13,750 per sq ft, having appreciated by 3.56% compared to the previous period. In contrast, Under Construction projects are currently priced at ₹16,400 per sq ft, showing a notable appreciation of 13.18%, while New Launch projects command ₹16,700 per sq ft, reflecting a 12.01% appreciation.
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%, a key metric for investors to evaluate the potential annual income relative to the capital investment in a property.
Rental rates in Mira Road are tiered based on unit size as of June 2026. Studio apartments command an average of ₹19,300 per month, while 1 BHK units average ₹22,000 per month. Larger configurations such as 2 BHK and 3 BHK apartments are priced at an average of ₹33,100 and ₹47,550 per month, respectively, helping tenants and investors align their budgets with specific space requirements.
As of June 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. These projects consistently command higher rents compared to the locality average of ₹50 per sq ft, often due to superior amenities or strategic placement within the micromarket.
Rental rates across neighbourhoods in Mira Road show diverse trends as of June 2026. While many areas like Mira Road East, Vijay Park, and Pleasant Park maintain an average rental rate of ₹50 per sq ft, Bhayandar East stands out with a significantly higher rate of ₹100 per sq ft, having appreciated by 165% compared to the previous period.
The top projects in Mira Road by listing rates as of June 2026 demonstrate a wide price spectrum, ranging from Shree Ostwal Samata Sadan at ₹58,450 per sq ft to SKD Pinnacolo at ₹23,300 per sq ft. Projects like Kalpataru Srishti have seen significant appreciation, with rates rising by 42.21% compared to the previous period, signaling strong demand and premium positioning within the local real estate market.
As of June 2026, Ready To Move properties in Mira Road are priced at ₹13,750 per sq ft, while Under Construction properties are priced at ₹16,400 per sq ft. This price gap often reflects the premium buyers are willing to pay for new-launch amenities and modern construction standards, despite the immediate availability of ready-to-move inventory.
Yes, commercial property types command higher rental rates than residential apartments in Mira Road as of June 2026. Shops and office spaces both average ₹150 per sq ft, whereas residential apartments average ₹50 per sq ft. Notably, office space rentals have appreciated by 23.08% compared to the previous period, while shop rentals have seen a depreciation of 3.36%.
