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Kalyan Mumbai Prospects

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Kalyan Mumbai Prospects

Last updated: December 23 2015
33 | Posts
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  • #21

    #21

    Re : Kalyan Mumbai Prospects

    Dear smartresult,
    May I know what is basis of your conclusion? Any source apart from thinking??

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    • #22

      #22

      Re : Kalyan Mumbai Prospects

      Factors driving growth for Kalyan and Dombivli:

      1) The primary factor driving the real estate growth in the Kalyan-Dombivli is the sky-rocketing prices in Mumbai suburbs, coupled with the growing demand for affordable housing. Mumbai continues to attract migrants who come to the financial capital with hopes of employment opportunities. This has increased the demand for affordable housing. Yet, the present capital values have led a huge gap in demand and supply, though there is unsold inventory of up to four years. Property values in the Kalyan and Dombivli area offers projects within the affordable range. For example, the average property value in Dombivli East is about Rs 5,440 per sq. ft while it is about Rs 6,040 per sq. ft in Dombivli West. The average property value in Kalyan East is about Rs 5,230 per sq. ft while the average property value in Kalyan West is about Rs 5,920 per sq. ft, the report added.

      2) Another factor driving demand is the availability of industrial belts and improving infrastructure around this area. Both Kalyan and Dombivli have an industrial belt up to Badlapur. This provides very good employment opportunities for people residing around the region.

      3) The City and Industrial Development Corporation (CIDCO) has planned to extend its Belapur-Taloja metro rail service up to Kalyan and Ulhas Nagar. This is expected to give a big boost to the economy as well as real estate around Kalyan. MMRDA has also planned to lay down a road networks including a 29 km Kalyan ring road in Kalyan region.

      4) Kalyan and Dombivli have very good connectivity to parts of Mumbai and other cities via the Kalyan-Shilphata Road, Agra Road and National Highway 4. This also increases the growth prospects of the region. The proposed Navi Mumbai International Airport is at a distance of less than 35 kms.


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      • #23

        #23

        Re : Kalyan Mumbai Prospects

        Yes I agree with priyas0.

        Prices in these areas range from Rs 4500 to Rs 6500 per Sq-ft.

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        • #24

          #24

          Re : Kalyan Mumbai Prospects

          low cost flats are available 10 km away from railway station.

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          • #25

            #25

            Re : Kalyan Mumbai Prospects

            Do anyone have about the upcoming recent projects of the kalyan as i was in states hope some one shares the details for the same.

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            • #26

              #26

              Re : Kalyan Mumbai Prospects

              Can anyone tell me how is Kalyan in terms of investment & may be future residence as compared to Navi Mumbai areas like Ulwe/Taloja/Roadpali/Panvel? I am an IT professional so I am confused between Kalyan or Navi Mumbai areas as I will need to travel to Airoli if I decide to stay there. My current residence is in Kandivali.

              I have grown even more interest in Kalyan due to the news that Kalyan is going to become the first "growth center", like a township city in Mumbai.
              Last edited November 10 2015, 06:37 PM.

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              • #27

                #27

                Re : Kalyan Mumbai Prospects

                1 BHK in Kalyan:

                I am in early stage of my professional career; I live alone in Mumbai, should I buy 1 BHK in Kalyan or should I wait for some time?

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