Jun 16, 2023Investments

Reasons to Invest in Kalyan, Mumbai

by Godrej Properties Limited

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Unveiling the Investment Potential of Kalyan, Mumbai

Located on the outskirts of Mumbai, Kalyan is a rapidly developing city that has gained significant attention from real estate investors. With its strategic location, robust infrastructure, and affordable property prices, Kalyan offers an ideal investment destination for individuals seeking long-term returns. This blog will explore why investing in Kalyan's real estate market can be an intelligent decision.

Kalyan, Mumbai

Strategic Location and Connectivity

Kalyan's strategic location provides easy connectivity to Mumbai and neighbouring areas. It is well-connected through an extensive network of roadways and railways, with the presence of Kalyan Junction. The upcoming infrastructure projects, such as the Mumbai Trans-Harbor Link and the proposed Kalyan Ring Road, will further enhance connectivity and reduce travel time. Investing in Kalyan ensures convenience and accessibility.
 

Affordable Property Prices

One of the key advantages of investing in Kalyan is the affordability factor. Property prices in Kalyan are relatively lower compared to the bustling city of Mumbai. As a result, investors can find a range of residential options, including apartments, villas, and plots, at competitive prices. This affordability factor and the potential for future appreciation make Kalyan an attractive investment proposition.
 

Infrastructure Development

Kalyan is undergoing rapid infrastructure development to meet the growing demands of its residents. The city is witnessing the construction of flyovers, road expansions, and improved civic amenities. The presence of schools, hospitals, shopping complexes, and recreational facilities further enhances the overall liveability and adds value to the real estate market in Kalyan.
 

Employment Opportunities

Kalyan is not only a residential hub but also a thriving commercial and industrial centre. The city houses several industrial estates and business parks, attracting businesses and generating employment opportunities. The presence of employment hubs and the proposed Kalyan-Bhiwandi business corridor make Kalyan an ideal choice for individuals seeking investment prospects with potential rental income and long-term capital appreciation.
 

Social Infrastructure and Amenities

Kalyan offers a robust social infrastructure, including reputed educational institutions, healthcare centres, shopping malls, and recreational facilities. The presence of well-established schools and colleges ensures quality education for residents. In addition, the availability of hospitals and medical facilities provides access to healthcare services. Residents can also enjoy a range of shopping and entertainment options in Kalyan.
 

Property Trends in Kalyan Mumbai

Kalyan offers a diverse range of property options to both renters and buyers. Here's a snapshot of property trends in Kalyan as of 2023:

Property TypeRent Range (Monthly)Purchase Budget
1 BHKRs. 3,500 to Rs. 8,500Rs. 15 lakhs to Rs. 1.7 crore
2 BHKRs. 7,000 to Rs. 18,000 
3 BHKRs. 7,500 to Rs. 20,000 
4 BHKRs. 20,000 to Rs. 25,000 

Price per square foot:

  • Highest Locality Price: Rs. 8,245
  • Average Locality Price: Rs. 6,637
  • Lowest Locality Price: Rs. 5,029

These figures provide an overview of the property landscape in Mumbai Kalyan, giving prospective residents valuable insights into the current market trends.

Factors that Make Kalyan An Attractive Property Market

When making smart property investments, Kalyan stands out as an attractive choice. Here's why, in straightforward terms:

1. Connectivity is Key: Kalyan's strategic location, with upcoming projects like Metro Line 5 linking it to Thane and other vital areas, makes it a hotbed for commuters. Reduced travel times are attracting people to Kalyan, with projections indicating a substantial population influx in the coming years.

2. The Ring Road Revolution: A 26-kilometre ring road project by MMRDA promises to significantly ease traffic and shorten travel times. When completed, it will take just 15 minutes to travel from Kalyan to Titwala. Infrastructure like the Shiphata flyover and the Mumbra-Panvel Road underpass will enhance connectivity further.

3. Smart City Recognition: Recognized as a Smart City, Kalyan is set for comprehensive development in the next decade. Integrated power, water, sanitation, and healthcare systems will improve residents' quality of life. Completed projects like solid waste management, bio-methanation plants, and waste segregation bins are already benefiting the city.

4. Kalyan Station Redevelopment: As a significant junction on the Central Railway line, Kalyan is in the midst of a station redevelopment plan. It will add six more platforms for long-distance trains while using the existing eight platforms for local services, ensuring faster train movements and a better signalling system.

5. Educational Hubs: Kalyan's emergence as an educational hub, with a university sub-campus offering various courses and a planned BITS Kalyan campus, is driving residential demand. High-calibre faculty from renowned institutions will create a competitive academic environment.

6. Improved Road Links: Enhanced road connections between Kalyan and six economic centres, including Bhiwandi, Dombivli, Ambernath, Ulhasnagar, Badlapur, and Thane, have increased property prices. Improved accessibility benefits commuters and industries alike.

7. Future-Ready Infrastructure: The upcoming monorail, skywalks, and highway projects are set to enhance connectivity in Kalyan. With this rapid infrastructure growth, Kalyan is well on its way to becoming a fully developed area by 2028.

The Final Word

With its strategic location, affordable property prices, infrastructure development, employment opportunities, and robust social infrastructure, Kalyan presents a promising investment destination. Take the chance to capitalise on the growth potential of this rapidly developing city and secure a prosperous future in Kalyan's real estate market.


Frequently asked questions

1. Is Kalyan well-connected to Mumbai's business districts?

Ans. Yes, Kalyan enjoys excellent connectivity to Mumbai's central business districts, like Thane, BKC (Bandra Kurla Complex), and Powai, through various modes of transportation, including local trains and road networks.

2. Are there recreational options in Kalyan?

Ans. Absolutely! Kalyan offers recreational options such as parks, multiplexes, shopping malls, and restaurants, providing a well-rounded lifestyle for its residents.

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