Locality Review Kalyan

Q: How is the real estate market and how good is the locality for investment purpose? Need expert advice?

Ashish Bhoite, Mumbai

13th March 2014

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Replies (8)

Hi Ravi,
Hey looking for a flat in this locality. Can anybody let me know some good projects coming up in this locality as my budget range from 60- 80 lakhs.

Sandeep Mhatre, Mumbai

13th March 2014

Comment

Mr Sandeep,
There are many ongoing projects that are taking place in Kalyan to suit your needs, comforts and your budget. The locality is seeing a high amount of flats being developed by reputed developers. List of some of the projects include:
1. Mohan Shristi by Mohan Group
2. Kaveri Park
3. Govind Enclave by Rai Residency pvt ltd
4. Baliram Enclave
5. Sai Ganesh Leela
6. Sai Ganesh Vihar
7. Sai Ganesh Dham
8. Ridhi Sidhi CHS
9. Balaji Paradise by Shree Balaji Developers
10. Shankar Enclave

Ashish Sharma, Mumbai

13th March 2014

Pranam,

Want to know any proposed developments happening in Kalyan? Any recent development projects in Kalyan? i am planning to book a flat in this locality very shortly.

Ramesk Polekar, Mumbai

13th March 2014

Comment

Hi Ramesh,
To deconjest the traffic around the Kalyan station, MMRDA has constructed a 1.4 km skywalk at a cost of Rs. 84 crore which is the 3rd largest skywalk after Borivili and Thane. Also heard that a new monorail project is being proposed by MMRDA linking Kalyan-Thane with Navi Mumbai over a 3 year duration at a cost of 3000 crore. The project is still in the planning stage.

A four lane expressway is also under consideration which will enable people to travel between Virar- Vasai in western suburbs via Kalyan to Panvel in a matter of few hours. The expressway will have wide foothpaths, subways, over bridges and service roads connecting major towns along the route. With all these developments and projects Kalyan is all set to be another resourcefully, economically and socially developed suburb of Mumbai.

Ravi Waghmare, Mumbai

13th March 2014

Hello Suresh,
The township receives its power from MSEB. The inner arterial roads and main roads are being developed by MSRDC. Though some portion of the road were dug up for relaying optic fibre cable and sewage they were in sorrowful state. But the concerned authorities have completed all the pending works in recent times. The locality also receives adequate water supply as it boasts of an eco friendly waste treatment plant and a water cleaning plant.

Kalyan has good no of private and Govt schools and colleges which offer good standard of education. Some of them are:
1. Birla College of Arts, Science and Commerce
2. GKS college of Arts, Science and Commerce
3. KM Agarwal college of Arts, Science and Commerce
4. Hill Spring International Junior college of science & commerce
5. Abhinav Vidya Mandir
6. Adarsh Hindi High School
7. Birla School
8. Chetna English High School
9. Gayatri Vidyalaya
10. Holy Cross Convent School

Sunil Joshi, Mumbai

13th March 2014

Comment

Hi,
How is the electric supply and civic infrastructure in this locality as I have idea of buying a flat in Kalyan? Can anybody figure out list of good schools and colleges that are located in Kalyan as I am planning to admit my son from the coming academic year. I had recently shifted to Kalyan from Nagpur.

Suresh Khanna, Mumbai

13th March 2014

Comment

Hey Dude,
At present the current market price that is prevailing in Kalyan is between Rs. 5259-5465 per sqft and it has shown an increase of 3 % in last 3 months which are sure signs of good appreciation. In my opinion if you are looking for investment point of view then this is the right area to put ones money as you will definitely get a high return in coming years.

Kalyan is well connected by road and rail mode of transport. Buses operated by KDMT not only ply within the city limits but also provides routine bus services to nearby villages and townships. NMMT buses are also available from Kalyan station to Vashi and other parts of Navi Mumbai at a frequency of every 15 minutes.

Vinay Dixit, Mumbai

13th March 2014

Comment

Hi Vinay,
Kalyan is also well linked by ring road which covers most of the areas along the periphery and touching all major areas. There are also buses available plying along the ring road. Kalyan is also a major railway junction for many long distance trains. Kalyan Terminus is also one of the last railway junction for the Mumbai locals operating under Central line.

Kishore Pathak, Mumbai

13th March 2014

Hi,
I am planning to buy a property in Kalyan? What is the rate per sqft that is prevailing in this locality? Will it make a wise option to invest in this area? You suggestions will be highly appreciated. Can anybody tell me how is the connectivity and transport facility in Kalyan as I am planning to buy a flat in this locality.

Arup rajan, Mumbai

13th March 2014

Comment

I am not expert to give advice but i will try to help you, Kalyan is good locality i must say. For investors it is good place because currently rates are quite low in kalyan compare to other localities in Mumbai.

Dimpi, Mumbai

13th March 2014

Comment

Yeah I do totally agree with you in this aspect Dimpi.

Shrikant Kejriwal, Mumbai

13th March 2014

Hey Ashish,
Kalyan is fast catching up in recent times as far the property market is concerned. The sudden spurt in real estate sector has led to many commercial and housing projects coming up in this locality in present times.

With property rates touching sky high in Mumbai, Thane and Navi Mumabi, people are flocking to Kalyan for property buying as well as for investment purpose as rates are still stable and affordable.

Abhijit Thanki, Mumbai

13th March 2014

Comment

Hi Abhijit,
There is a rapid real estate development in the township. Recent development projects and more development proposals by the Govt has led to tremendous demand for housing in this locality. The area is experiencing a boom in its real estate pricing . Infrastructure developments are changing the outlook of the locality like never before.

Abhishke Karule, Mumbai

13th March 2014