Raj Heritage Phase - IIUnder Construction in Mira Road
📍 Ramdeo Park, Mira Road · by Raj Realty
Raj Heritage Phase - II is a under construction residential project by Raj Realty at Ramdeo Park, Mira Road. The configurations on record are 1, 2 & 3 BHK of 412, 574 and 831 sq ft carpet. This page is Real Estate Mumbai's read on Raj Heritage Phase - II against the resale and rental market in Mira Road — what a flat here rents for, what the resale market asks, and where prices are moving.
Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995
What a flat in Raj Heritage Phase - II would rent for
Mira Road has 12 live rentals on Real Estate Mumbai today, at a median of ₹1 L a month — about ₹94 per sq ft of carpet a month (middle half ₹77–₹152).
At today's rates that makes a 412 sq ft 1 BHK roughly ₹38,728 a month, a 574 sq ft 2 BHK roughly ₹57,400 a month and a 831 sq ft 3 BHK roughly ₹73,128 a month.
At ₹20,341 per sq ft, that is a gross rental yield of about 5.2% to 5.9% — before maintenance, tax and vacancy. Premium Mumbai homes are bought for capital growth more than yield; treat the rent as the floor under your holding cost, not the return.
| Configuration | Carpet | Mira Road rent today | Estimated rent | Gross yield |
|---|---|---|---|---|
| 1 BHK | 412 sq ft | ₹94/sq ft/mo (12 live) | ≈ ₹38,728/mo | ~5.5% |
| 2 BHK | 574 sq ft | ₹100/sq ft/mo (7 live) | ≈ ₹57,400/mo | ~5.9% |
| 3 BHK | 831 sq ft | ₹88/sq ft/mo (1 live) | ≈ ₹73,128/mo | ~5.2% |
Estimate = carpet area × the live median rent per sq ft for that configuration in Mira Road on Real Estate Mumbai. Indicative; a new building with sea views can command more.
The resale market Raj Heritage Phase - II competes with
273 resale homes are on the market in Mira Road right now, median ₹95 L at ₹15,328 per sq ft; the middle half asks ₹12,500–₹17,910. Listings are on average 26 days old.
Raj Heritage Phase - II prices at ₹20,341 per sq ft — 33% above the resale median and above the top quarter of the resale market. That premium buys a new building, new specification and a longer remaining life; the resale market buys location now, at a discount, ready to live in.
For scale, 4 BHK resale in Mira Road asks a median ₹19,670 per sq ft (2 live).
Where Mira Road prices are moving
Real Estate Mumbai's Mira Road price index reads 105.2 for Sep 2026 (base 100), a median asking ₹15,856 per sq ft across 271 listings, up 3.4% on the month. By configuration: 1 BHK ₹14,807, 2 BHK ₹16,760, 3 BHK ₹16,000 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Sep 2026 | ₹15,856 | 105.2 | +3.4% | 271 |
| Aug 2026 | ₹15,339 | 101.8 | +1.8% | 221 |
| Jul 2026 | ₹15,066 | 100.0 | — | 195 |
Real Estate Mumbai price index, computed monthly from live asking prices in Mira Road (base 100). Asking, not registered, prices.
Raj Heritage Phase - II on MahaRERA — what to check before you book
Raj Heritage Phase - II is registered. The registry is the only document that binds the developer on possession dates, carpet areas and what is built; read it before any token.
| Phase | MahaRERA no. | Towers · floors | Units | Possession declared | Registered |
|---|---|---|---|---|---|
| Raj Heritage 2 | P51700033231 | BLDG NO 2 · 39 fl | 213 | — | Feb 2022 |
Registry link opens the MahaRERA record. Possession dates on the registry can be revised by the developer under the Act; we refresh this table as the record changes.
Ready homes in Mira Road you can buy or rent today
Real Estate Mumbai's own listings — the honest alternative to waiting for a launch. 1, BHK and larger first.
About Raj Heritage Phase - II
Raj Heritage Phase - II is a residential project located in Mira Road, Ramdeo Park. Currently under construction, the project offers 1 BHK, 2 BHK, 3 BHK apartments with carpet areas ranging from 412 to 831 sq.ft, priced from ₹1.20 Cr All In. The development comprises 37 floors. RERA registered (P51700033231).
Amenities
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Raj Heritage Phase - II against the ready homes above, for your budget.
Raj Heritage Phase - II — the questions investors ask
What rent can a flat in Raj Heritage Phase - II earn?
Is Raj Heritage Phase - II priced above resale in Mira Road?
Are prices in Mira Road rising?
Is Raj Heritage Phase - II MahaRERA registered?
What can I buy in Mira Road today instead?
How do I get the price list or a site visit for Raj Heritage Phase - II?
Who is the builder of Raj Heritage Phase - II?
What is the possession status of Raj Heritage Phase - II?
Rents, resale prices and the price index on this page are computed from live listings on Real Estate Mumbai and refresh automatically; project facts are as declared to MahaRERA or recorded by our team (updated 05 Jun 2026). Indicative, not an offer; verify with the developer and on MahaRERA before deciding. Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995.
Get details on Raj Heritage Phase - II
Ramdeo Park, Mira Road · Raj Realty
