Kalyan is one of the biggest city in Maharashtra and is a part of the Mumbai Metropolitan Region. Kalyan is a small yet well-developed town in Thane district of Maharashtra. With skyrocketing prices of property in Mumbai it difficult to find one which always fits in your budget, therefore suburban towns in Mumbai have gained prominence over the years and cities like Thane and Kalyan have become popular, with their affordable, well-designed homes and greener environment. Over the years, Kalyan has experienced rapid infrastructural development with the launch of many residential and commercial projects. One of the main factors which are driving real estate growth in Kalyan is the growing demand for affordable housing in Mumbai. Increase in the number of employment opportunities has attracted many people to migrate in Mumbai which is thereby increasing the demand for affordable homes in Mumbai.
Few reasons why Kalyan can be your next real estate investment destination
Affordability: Major residential and commercial projects in Kalyan comes under the affordable category as compared to the rest of the properties in Mumbai. Also, due to availability of land in Kalyan, builders are providing their customers with larger square feet area, with houses provided with all modern amenities such as clubhouse, open garden, sitting areas, etc. The areas in Kalyan are in close proximity to many industrial belts situated to its south-east, extending from Kalyan to Badlapur which has many small and large industries.
Connectivity: Kalyan is easily accessible for its residents via roads and railways. Kalyan west is located 7.9 kilometers away from Nasik Road via the Kalyan-Ahmednagar Highway. Highways close to Kalyan include NH-3, NH-4 and the Eastern Highway. The Kalyan Railway Station is 1.1 kilometers away with a foot over-bridge. The International Airport is located approximately 8 kilometers away from Kalyan. Railway services are continuously available for daily commuters with trains running from Mumbai-Karjat. Central-Harbour and Central-Western railway line is expected to be completed soon for smooth connectivity between Kalyan and major parts of Mumbai. Bus service is also operated on a daily basis which helps residents to reach nearby locations.
Development: Kalyan is situated on a corridor appointed to fast track developments in the coming years. It is one of the numerous development which is being focused by the Maharashtra government and is likewise part of the change and developed city mission. In this way, there are many arranged improvements that are changing the essence of this city. A committed land area has been proposed for Commercial Business District in Kalyan. Overall, Kalyan city not just offers prospects of agreeable home, where one can be all around associated with the city yet, in addition, appreciates some break from the hustle-bustle, moreover it also offers investors a good opportunity to make smart investments.
Infrastructure: Kalyan is surrounded with good markets which offer great shopping experience. This city also offers many restaurants, cafes, gardens, and multiplexes for their residents to revive themselves through different recreational exercises. Improvement in both, physical and social infrastructure has brought about the advancement of this area as a hub for affordable and premium housing.
Numerous forthcoming residential and commercial projects are offering well-planned apartments and office spaces in Kalyan promising great profits for ventures. This likewise accounts for the increasing demand for property in these zones. Recent value escalations uncovers a positive pattern and in this way, real estate investment in Kalyan can turn out to be productive and provide better returns over the long period.