Realty hot spot series: This is an upcoming micro market near Mumbai

Buying a house in Mumbai for the average Joe is near impossible. Which is why many look at farflung suburbs across the city. This week in the Realty hot spot series, we take a look at one such micro market -- beyond Mira Road. What makes it an area worth looking at is the fact that it is well-connected and provides plenty of schools and hospitals. Further, it is a developing micro market with a mix of completed as well as under construction residential projects.

The area is 47 kms from the airport and 6 kms from the nearest railway station. Properties here cost between Rs 3,480-6,560 per sq. ft and a 1-BHK can cost you Rs 26 lakh on average.

Distance from-
Airport: 47 km
Railway station: 6 km
NH-48: 8 km

Highlights:
Developing micro-market with a mix of completed as well as under construction residential projects
Several retail avenues, good schools and hospitals are available in the area
Well-connected to key areas of MMR through NH-48, Ghodbunder Road and the Western Railway Line

Locality snapshot-
Schools: 18+
Hospitals: 15+
Restaurants: 20+
Banks: 20+
Grocery Stores: 16+
Petrol Pumps: 14+

Consumer preference by budget segment (Rs)

Consumer preference by BHK

Consumer preference by covered area (sq ft)

Source: Magicbricks