Infra projects a driver for realty on Mira Bhayandar stretch
While Mira Bhayandar Road provides some respite to homebuyers with a limited budget, the region’s extensive connectivity is also a big plus
Jun 18, 2013
Source : The Times India

 

MUMBAI: Affording a home in Mumbai and managing to travel across the city with ease is a big challenge for Mumbaikers today. While Mira Bhayandar Road provides some respite to homebuyers with a limited budget, the region’s extensive connectivity is also a big plus.

Situated along the Western Line of Mumbai, Mira Road Bhayandar East enjoys good road and rail connectivity with major parts of the city. Mumbai, Thane and Navi Mumbai are all close and easily accessible neighbourhoods on this stretch, making it an attractive destination for homebuyers working in Mumbai.

Mira Bhayander Belt is conveniently connected to the Western Suburbs and Thane through the Western Express Highway and the Ghodbunder Road, respectively. “Being close to Mumbai and having good connectivity to Thane and Navi Mumbai has led to a significant rise in the occupancy in the region, says Azmat Shah of Realty Merchant.

Apart from the available infrastructure, the proposed developments have also provided the necessary impetus to the real estate market of the region. The proposal of a 4-lane road connecting Gorai and Bhayandar and widening of the existing road by MMRDA has been an important development. In addition to this, the Mahim Mira Road Bus corridor, which is a part of the Bus Rapid Transit System of Mumbai, has also played a crucial role in augmenting the interest of property buyers in Mira Bhayandar Road.

“The recent development of the skywalk by MMRDA near Mira Road railway station is for easy commute for the residents,“ adds Shah.

Other than having an improving transportation, Mira Bhayandar Municipal Corporation also has many plans for ensuring further development of the area. “Currently, the municipal corporation is giving a lot of importance to transportation and drainage of the area. There are plans for setting up a new sewage treatment plant, upgrading storm-water drain systems, increasing water supply and slum rehabilitation in this area,” informs Ramesh Jain of Jain Housing.

Mira Road Bhayandar East stretch has witnessed extensive developments on both infrastructure and commercial grounds. Owing to this, the real estate market has also undergone a substantial expansion. Fast paced development along the Western Line and availability of affordable housing with good infrastructure and connectivity is what makes the Mira Road Bhayandar East stretch a sought after destination for homebuyers with limited budget.

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