Mira Road · Mumbai
Shanti Gardens
Mira Road · by Ram Nagar Development Corporation
Registered project name
Shanti Gardens, Sector 5, Bldg. No.8Updated Sep 2026
Mira RoadPhotos from the project record · tap to enlarge
A first look at Shanti Gardens
Shanti Gardens is a residential project by Ram Nagar Development Corporation in Mira Road, Mumbai 401107. It is registered with MahaRERA under P51700010577 (registered 2021-09-09). Shanti Gardens is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 60 units across 1 building of up to 11 floors. It offers 1 BHK homes with carpet areas of 420 sq ft. MahaRERA proposed possession: Dec 2022.
Ask an advisor to check current resale or rental availability.
Unit configurations filed with MahaRERA (3)
Shanti Gardens floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Shanti Gardens
Location
Shanti Gardens is located in Mira Road, Mumbai 401107, in the Thane district. Across 23 recent resale listings on MPE, homes in Mira Road have a median asking rate of ₹11,000 per sq ft, and a 2 BHK typically rents for about ₹77,500 a month.
MahaRERA record
The MahaRERA registration number is P51700010577, issued on 9 September 2021. The registered promoter is Ramnagar Development Corporation. The filing lists 1 wing: BLDG 8 SECTOR 5 over 11 floors. Per the registration, the architect on record is Avinash Mhatre And Associates.
Homes and prices
Homes on offer are 1 BHK of 420 sq ft at ₹78.5 Lac (carpet area), as on 09 Jul 2026. That works out to about ₹18,700 per sq ft of carpet, 70% above the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.
Construction and possession
The latest MahaRERA progress report shows foundation at 80%, structure at 100%, finishing at 98%, services at 100%. Proposed possession is Dec 2022.
Developer track record
Ram Nagar Development Corporation has 50 projects tracked on Mumbai Property Exchange, 40 of them delivered (ready or sold out).
Buyer demand in Mira Road
In the last 90 days, buyers and tenants registered 26 requirements for Mira Road with Mumbai Property Exchange, 14 of them to buy and 6 specifically for 1 BHK homes.
Developer's description ▾
Mira Road market
prices, rents & ratesPrice vs locality
Mira Road — resale, rent & yield
This project is quoted around ₹18,690/sqft — 70% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Mira Road
Upcoming projects & infrastructure in Mira Road
take an informed decision56 MahaRERA projects are due to hand over in Mira Road between 2027 and 2031; the nearest upcoming infrastructure to Shanti Gardens is the Line 10 Green, 1.4 km away (under construction · due 2027).
- 🚇Line 9 Red (Mira-Bhayandar)Opened 20260.6 km
- 🚇Line 10 GreenUnder construction · due 20271.4 km
- 🚇Line 13 (Shivaji Chowk-Virar)Approved2.0 km
🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices
Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.
RERA record & possession
Buildings · 1 wing
Location
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 1 BHK · 420 sq ft at ₹78.5 L (the price recorded above).
- ✓ Plinth complete45% paid by then
- ✓ Slabs complete70% paid by then
- ✓ Walls, plaster & flooring75% paid by then
- ○ Sanitary fittings80% paid by then
- ○ Staircases, lift wells & lobbies85% paid by then
- ○ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹58.9 L here), released stage by stage, so your own money is about ₹19.6 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹51,100/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
10+2 more ▾
Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Ask about resale or rental optionsResale Flats for Sale in Mira Road
3
Flats for Rent in Mira Road
4
Commercial for Sale in Mira Road
1
Commercial for Lease in Mira Road
1
Commercial Projects in Mira Road
MahaRERA projects nearby in Mira Road
Frequently Asked Questions
Where is Shanti Gardens located?
Shanti Gardens is in Mira Road, Mumbai 401107.
What is the price of Shanti Gardens?
Shanti Gardens is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does Shanti Gardens offer?
1 BHK – 420 sq ft carpet.
When is possession of Shanti Gardens?
As per MahaRERA, proposed possession is Dec 2022.
Is Shanti Gardens RERA-registered?
Yes — MahaRERA registration P51700010577, registered 2021-09-09.
How many units does Shanti Gardens have?
MahaRERA records 60 units across 6 buildings, up to 11 floors.
Who is the developer of Shanti Gardens?
Ram Nagar Development Corporation — 50 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Mira Road?
56 MahaRERA-registered projects in Mira Road are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Shanti Gardens?
Line 9 Red (Mira-Bhayandar) — opened 2026, 0.6 km away; Line 10 Green — under construction · due 2027, 1.4 km away; Line 13 (Shivaji Chowk-Virar) — approved, 2.0 km away. Timelines are as announced and can change.
How do I book or get more details?
Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.
