Mira Road is a popular suburban locality on the Western Line of Mumbai. It is in the Thane district and falls under the jurisdiction of the Mira Bhayandar Municipal Corporation.
See also: Ready reckoner rate in Lower Parel, Mumbai
What is ready reckoner rate?
The ready reckoner rate is the lowest rate that an immovable property can command. This is decided by the government based on certain factors, such as property type and area. It is also called as circle rate, guidance value or guideline value. In Maharashtra, the ready reckoner rate of a location can be checked in the annual statement record (ASR) on the IGR Maharashtra portal.
Factor on which the ready reckoner rate depends:
- Location
- Infrastructure
- Connectivity
- Market demand
- Property configuration
- Property usage – residential, commercial or industrial
- Amenities
How to check ready reckoner rate in Mira Road?
- Log onto the IGR Maharashtra website at https://igrmaharashtra.gov.in/Home
- Click on e-ASR in the Stamps section. Click on the e-ASR 1.9 version.
- Click on Thane on the map of Maharashtra. Select Mira Road as the village to see the annual statement of rates.
Mira Road ready reckoner rates
| Locality | Residential (per sqm) | Office (per sqm) | Shops (per sqm) | Industrial (per sqm) | Open land (per sqm) |
| Mira Road | Rs 97,700 | Rs 1,11,980 | Rs 1,22,100 | Rs 1,11,980 | Rs 28,700 |
Mira Road: Location and connectivity
The neighbouring localities to Mira Road are Dahisar, Bhayandar, Naigon and Borivali. This place has several reputed educational institutions, including N.L. Dalmia Institute of Management Studies and Research. The area is equipped with all basic facilities and infrastructure, such as shopping and entertainment destinations.
Mira Road Railway Station on the Western Line is the closest railway station. The under-construction Mumbai Coastal Road will aid connectivity in Mira Road. The planned Mumbai Metro Line 9, also known as the Red Line, will connect Andheri to CSMIA and Mira Road to Dahisar.
Why should you invest in residential properties at Mira Road?
Mira Road has become an important part of the city. This place has a huge number of residential realty, owing to its proximity to commercial hubs, such as Seepz, Andheri and Borivali. Mira Road has several traders who travel between Gujarat and Maharashtra. With the presence of reputed developers, this is one of the few places in Mumbai where new projects are either under construction or ready to move. Mira Road provides residential options, including 1, 2 and 3 BHK and villas.
Residential prices in Mira Road
According to Housing.com, the average price for apartment purchase in Mira Road is Rs 9,719, with the price range being Rs 4,339-22,000 per sq. ft. The average rent here is Rs 23,936, with the price range being Rs 11,000-52,000.
FAQs
What are ready reckoner rates?
Designated by the state government, the ready reckoner rates are the minimum property prices.
How do you find a ready reckoner rate in Mira Road?
You can check the ready reckoner rate under the e-ASR section in the IGR Maharashtra portal.
What are the current stamp duty and registration charges in Maharashtra?
Stamp duty in Maharashtra is 5% for women and 6% for men. For joint holders, the stamp duty is 6%. The registration fee is 1% of the transaction value.
Who fixes ready reckoner rates in Mira Road?
The Maharashtra state government fixes the ready reckoner rates in the state.
Can ready reckoner rates be lower than the market rate in Mira Road?
Yes, ready reckoner rates can be lower than the market rate.
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With 16+ years of experience in various sectors, of which more than ten years in real estate, Anuradha Ramamirtham excels in tracking property trends and simplifying housing-related topics such as Rera, housing lottery, etc. Her diverse background includes roles at Times Property, Tech Target India, Indiantelevision.com and ITNation. Anuradha holds a PG Diploma degree in Journalism from KC College and has done BSc (IT) from SIES. In her leisure time, she enjoys singing and travelling.
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