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Q: Why Mira Road ratings high on rental properties?

Latest Answer: Hello Sneha, Most of the readily available properties for rent here are 1BHK apartments, followed by 2 and 3BHK apartments. The approximate monthly rent of a 1BHK unit is in the range of Rs. 5000-14000 and that of a 2BHK unit is in the range of Rs 10000-20000. Similarly a 3BHK unit is about Rs 15000-25000. The rental prices have started moving upwards. In July 2012 the rental rate per sq-ft. was Rs 12/sq-ft. which has increased to about Rs 20/sq-ft. during Q2 2014, an increase of 67% in 2years.
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