The Mumbai Metropolitan Region Development Authority, or MMRDA, has assessed the potential of Kalyan properties to serve as micro-market development hubs. Because of its closeness to Bhiwandi, the major logistical centre, the city was expected to become an industrial powerhouse. Kalyan’s integrated transportation system and a plethora of social infrastructure services make it a suitable residential and commercial choice for the middle-income category. Let us have a look at the Top 5 Reasons Why Kalyan is a Real Estate Hotspot. Due to the inclusion of Kalyan-Dombivli in the Smart City Mission, properties in Kalyan have excellent infrastructure for connectivity. This has resulted in the city’s infrastructure and transportation expanding at an exponential rate.
The establishment and construction of the Bhiwandi-Kalyan Corridor would undoubtedly give the greatest connectivity solution for Kalyan. As a result, there is an increase in property purchases in Kalyana. Properties in Kalyan is a cost-effective housing solution for anybody wanting to invest in Kalyan real estate. With simple price comparison, one may quickly determine the worth of real estate property in Kalyan. A 1 BHK (300 sq. ft. to 392 sq. ft.) in Thane or Khadakpada would cost you around 50 Lakhs, while a 2 BHK (650 sq. ft.) in Kalyan may easily be given in the same price range. This disparity is due to the longer travel time to the city centre, which will be greatly reduced once the aforementioned infrastructure is in place.
With the market expansion, properties in Kalyan provide excellent job opportunities. The area around Bhiwandi and Kalyan is proving to be a lucrative warehousing and logistics sector for major corporations. Many multinational corporations (MNCs) have relocated their headquarters from Mumbai’s Central Business Districts (CBDs) to regions like as Thane, Kalyan-Bhiwandi, and Navi Mumbai throughout the years. Better land availability, cheaper property costs, and improved connectivity are attracting major businesses to Kalyan, resulting in a huge number of job possibilities. Better Social Infrastructure is provided by properties in Kalyan.
Aside from the numerous reasons to buy properties in Kalyan, another significant benefit of living in the region is the already established and forthcoming social infrastructures like schools, colleges, malls, sports complexes, and recreational places. The Bhiwandi-Kalyan corridor is being developed by private companies with a significant number of social infrastructure projects as a huge number of people are seen migrating into the area due to the favourable home rates. The rate at which connectivity is improving, the availability of low-cost apartments in Kalyan, and the anticipated increase in work possibilities are undoubtedly catalysts that are increasing the quality of social infrastructure. For these reasons, it appears that Kalyan possesses the qualities of the future.
Investing here is a wise real estate decision. The city is being transformed into a potential centre by the fast-growing Bhiwandi-Kalyan Corridor, which is the beginning point of this developmental journey. The city’s 360-degree change in terms of connection, affordability, employment, and other infrastructure is transforming it into a self-sufficient ecosystem. This Kalyan project is certain to bring significant economic growth to the area, and many individuals have already begun to capitalise on this enormous future boom! Affordable residential projects in Kalyan, such as Mahindra Happinest Kalyan, are driving this transformation. As a result, properties in Kalyan has become an attractive real estate location for all the right reasons.