Silver Park, Mira Road East, Mumbai

Silver Park is located in Mira Road East, which is part of Mira Bhayander city in Mumbai. The Silver Park PIN Code is 401107. It is situated near popular localities of Mira Road East, Dahisar East and Bhayandar East. Silver Park provides easy access to these areas and is well connected via roads.

Silver Park mainly consists of upper middle class families and young professionals working in Mumbai. Residents enjoy a peaceful lifestyle away from the busy streets of Mumbai. Since it is located close to Mira Road, Dahisar and Bhayander, people from different parts of Mumbai have made it their home. The culture is a diverse mix with people from various religious and linguistic backgrounds coexisting in harmony. People enjoy community celebrations and kids play outdoors in a safe environment. 

Physical Infrastructure of Silver Park

Silver Park offers widespread connectivity to prominent parts of the city via Mira road railway station. Mira Road Railway Station E, Bhayandar railway station also enhances the overall connectivity of the area. Residents can easily access the Mumbai-Ahmedabad Highway which is near Silver Park via Mira Bhayandar Road. The upcoming Mumbai trans-harbor link will provide greater connectivity between Mumbai and Navi Mumbai, benefitting the residents of Silver Park.

Social and Retail Infrastructure of Silver Park

Silver Park is well equipped with social infrastructure. Some of the prominent schools located nearby include RBK School, Queen Marys High School and Holycross Convent School which provide top-quality education. For higher education, NL Dalmia Institute of Management and Asmita College of Architecture are some of the popular options. Residents can easily access multi-specialty hospitals like Wockhardt Hospital and Thunga Hospital. For retail needs, Silver Park is in close proximity to commercial hubs like Maxus Mall and Thakur Mall which house numerous shops, restaurants and entertainment zones. There are multiple private and government banks located in nearby Mira Road to cater to the financial needs of locals. A fire station and police station in Mira Road ensures the safety of citizens. This ensures daily needs and amenities are met conveniently.

Real Estate Market Trends and Rental Demand in Silver Parks

The property rates in Silver Park have seen an upward trajectory over the past few years due to its connectivity and infrastructure development. The rates have increased from Rs. 2000-10000 per sqft in 2015 to Rs. 400-14000 per sqft currently due to rising demand from homeowners looking for bigger houses outside Mumbai. Similarly, the rental yields are up for landlords with rates going from Rs. 8,000-25,000 per month in 2015 to Rs. 12,000-45,000 per month currently for 2BHK apartments. This is because of the amenities offered and increased occupier base of working professionals drawn by nearby commercial hubs and institutions. Both buyers and tenants continue to see Silver Park as a promising real estate investment.

Top Employment Hubs nearby Silver Park

Silver Park is located in close proximity to several major commercial and employment centers of Mumbai which attracts working individuals and families to the locality. Some of the top employment hubs near Silver Park include:

• CR Arcade, Mira Road - 2km
• The Orion Business Park - 9km
• Suashish IT Park, Rajendra Nagar - 7km
• Ruby Crescent - 11km

Famous Sub-Localities in Silver Park

Being a well-developed area, Silver Park has several popular sub-localities within its vicinity that offer resident conveniences. Some of the famous sub-localities in Silver Park are:

• Mira Road East
• Dahisar East
• Bhayandar East
• Dahisar West
• Mira Road West

Top Things to Do in Silver Park

Located in the bustling Mumbai metropolitan region, Silver Park offers plenty of options for things to do and places to explore in the vicinity. The presence of malls, parks and recreational areas makes Silver Park an entertainment hub in itself. Some of the top things to do in Silver Park are:

Ghodbunder Fort: 

Located 4km from Silver Park, this 17th century fort offers scenic views of Mumbai city and surroundings. It is a popular spot for trekking.

Bhayandar Khadi: 

A grassland and children's park situated near Bhayandar railway station. Families enjoy amenities like jogging tracks, playgrounds and cafeterias.

Mandapeshwar Caves: 

Nature enthusiasts can explore these centuries old cave temples carved with images of Hindu gods. It is situated along Mumbai-Ahmedabad highway near Silver Park.

Trimandir, Mumbai: 

A unique space constructed on principles of sacred geometry. It attracts those seeking spiritual enlightenment through its design and peaceful ambience.

Sanjay Gandhi National Park: 

This protected forest and biodiversity hotspot spans across 103 sq km. Residents of Silver Park often visit for trekking trails, boating and getting close to nature.

Conclusion

Silver Park makes for a suitable housing destination due to its well-developed infrastructure and connectivity. Some key advantages include:

• Educational and healthcare facilities like schools, colleges and hospitals nearby.
• Wide array of retail and entertainment options from malls to restaurants.
• Proximity to major employment hubs of Mira Road and Bhiwandi.
• Peaceful ambience away from city noise yet accessible to Mumbai.
• Established residential community with good civic amenities.

While traffic congestion during peak hours and lack of open spaces could be challenges, the locality has scope for improvements. Upgrading roads and introducing more parks & playgrounds can enhance livability for residents of Silver Park in the coming years.