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Hotspot: Mira Road is an attractive budget housing destination in Mumbai

Mira Road is well connected to various developed areas around it

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Karan Singh Sodi
In Mumbai proper real estate prices have risen to unaffordable levels and there is also a chronic shortage of space. Apartments of lower ticket sizes are also not available. All these factors have led to the emergence of new micro-markets. Mira Road, which is a part of the Mumbai Metropolitan Region (MMR) and is situated in the northern part of the metropolis, is one of its top budget housing  destinations today. It has emerged as a hot residential real estate investment destination as well. 
 
This rapidly developing locality is situated at a distance of 12 kilometres from central Mumbai and

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