Kalyan – The residential hotspot

Kalyan – The residential hotspot

If you are looking for homes in and around Mumbai, you would have surely considered Kalyan as an option. About 40 kms from Central Mumbai, it has seen significant increase in investment in real estate, primarily in the residential sector.

The region falls under Greater Mumbai’s managements and the government is developing it rapidly to bring it at par with Pune and Mumbai. The rising prices of properties in the suburbs of Mumbai and the need for affordable housing are the main reasons why serious home buyers are looking at Kalyan as a strong contender.

Kalyan is the 7th largest city in Maharashtra and has witnessed a steep growth in population. It not only offers great valued homes, but also great social infrastructure, excellent connectivity and readily available transport network.

The National Highway 4, Kalyan-Shilphata Road and Agra Road connect Kalyan with many different cities. The four lane expressway connecting Kalyan to Virar-Vasai-Bhiwandi-Panvel and Alibaug is expected to further improve the locality’s connectivity. Kalyan is one of the major railway stations on the central line of the Mumbai Suburban Railway network. The proposed plan of central harbour and central western line through Kalyan is just another addition to the already systematised connectivity. The MMRDA’s monorail projects from Kalyan to Ulhasnagar & Dombivali and the other one from Kalyan to Mahape are expected to further improve the city’s transportation system.

Other developments in the pipeline include the upcoming Metro rail to Kalyan and the MMRDA also intends to lay down road networks which will include a 29 km Kalyan ring road.

Kalyan is also part of the smart city mission. Thus there are many planned developments that are changing the face of the city. A dedicated area has been proposed for Commercial Business District. This will give the city a new skyline. Besides this, Kalyan station redevelopment, smart on-street parking and parking policy, a network of green spaces and public areas, water demand management, underground power cabling and installation of smart metres and more components are already on its way.

A number of IT Parks and SEZs have come up in Kalyan, thus offering employment opportunities to people. With job opportunities and affordable homes, people are eyeing Kalyan as the perfect place for work and home.

Many experts believe that this is the right time to invest in Kalyan as the region is undergoing a wave of transformation. This is also a preferred home destination for people who work in Mumbai, Navi Mumbai and Thane.

With so much development, Kalyan is the place to invest today for a promising future.