It is situated between Koregaon Park and Viman Nagar.The link to Koregaon Park has made it easy to commute from Kalyani Nagar. It is also easily accessible from the Nagar Road.The close proximity to the railway station, airport and close connection to Kharadi and Hadapsar makes it an ideal location for IT/ITES Companies (Cerebrum IT Parks & Marisoft IT/ITES Cente) professionals. It is well connected by train, buses and public transports.
The locality became popular because people started finding Koregaon expensive. The demand is mainly driven by the IT and ITES professionals. However the property prices have also touched the sky in Kalyani Nagar.
Good news... This is absolutely the right time to rent out your flat. Rental value have shot up by 10% in January March 2014 quarter in Kalyani Nagar. The rent of a standard 2 bhk will be around Rs 22,000 per month.
The rental value of an apartmenmt depends on the size and kind of furnishing offered. 2bhks are available for rent within Rs 18,000 to Rs 25,000 and 3 bhk apartments for Rs 25,000 to Rs 40,000 and it go up to Rs 60,000 per month if the furnishing