Mira Road And The Rise In Demand Of Residential Property In The Area

Jul 7
10:42

2014

ramyamane

ramyamane

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The city of Mumbai is such that is often referred to as the city with golden opportunities. There are millions of people who come to this place in search of a better future. This is because this city has some of the biggest industries of the nation.

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The city has a dock and that no doubt enhances the opportunities of jobs for many. Moreover,Mira Road And The Rise In Demand Of Residential Property In The Area Articles the presence of the film industry is another reason that fuels the amalgamation of people in this city. Now, when there is so huge number of people coming in this city, then there is no doubt that this place will emerge to be a crowded one. Well, that is why the surrounding areas of Mumbai were developed and the area of Mira Road was one among them. In the presence time, this place has emerged to be one of the most developed real estate hotspot.

The aspect of connectivity

This place has seen various kinds of developments and one among them is that of the connectivity of the place. There are several roads that are surrounding this area and it connects Mira Road with the rest of the city in a proper manner. This place is located on Western Highway and that is one of the main reasons that are contributing to the popularity of this place. The Western Expressway connects the major places in the city of Mumbai and thus has a great importance in providing good communication. Also, the famous theme park of Mumbai is just located at a distance of 2.5 km from this place. The aspect of public transportation is quite prevalent in this area and thus the residents can have a hassle free movement. The public forms of transportation available in this area are that of buses, cabs, autos and rickshaws.

The other form of benefit

This place has some of the leading banks located. Also, the ATMs of the banks are scattered all around the city. The education and medical facilities are taken proper care of with establishment of some of the most renowned schools, colleges and hospitals. There are also various stores, malls, multiplexes, spas, and beauty salon located, in the area, to provide the residents with the finest form of service.

The price of the projects

In the initial days of development, the price of the projects in Mira Road was not very high. Slowly with the development, the price started rising to a comfortable level. Now, this place has an affordable pricing and thus can be availed by people with ease. The present capital value of this place is that of 6,000 INR per Sq ft. The price is soon going to rise in the recent few years. That is why making an investment in the property of Mira Road in the present time can prove to be beneficial in the long run.

Civic issues to face

There are some of the properties that may have the aspect of insufficient back-up for electricity. That is why you need to be assured by checking a project in a proper manner before investing in it. 

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