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Realty hot spot series: An affordable residential locality in Mumbai Metropolitan Region

This locality is close to the employment hubs of Dombivli, Bhiwandi, Ulhas Nagar, Ghansoli, Mahape, etc. Kalyan also has a good mix of social infrastructure including schools, hospitals, banks, cinema halls, and so on.

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Last Updated: Feb 10, 2020, 06.30 AM IST
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The locality has residential destination for end users in affordable segment.
This week's realty hot spot series takes a look at Kalyan, Thane, a locality that is well-connected to other parts of the Mumbai Metropolitan Region. It is emerging as a residential destination for home buyers in the affordable segment. The average cost of a 1-BHK (630 square feet) apartment is Rs 37 lakh, for a 2-BHK (960 square feet) it is Rs 59 lakh, and for a 3-BHK (1,390 square feet) it is Rs 91 lakh.

It is close to the employment hubs of Dombivli, Bhiwandi, Ulhas Nagar, Ghansoli, Mahape, etc. Kalyan also has a good mix of social infrastructure including schools, hospitals, banks, cinema halls, and so on.

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Highlights
  • Emerging residential destination for end users in affordable segment
  • Proximity to the employment hubs of Dombivli, Bhiwandi, Ulhas Nagar, Ghansoli, Mahape, etc
  • Presence of various malls and shopping arcades including Metro Junction Mall and Xperia Mall
  • Availability of social infrastructure including schools, hospitals, banks, cinema halls, etc
  • Extensive connectivity with other MMR areas through local trains, Kalyan-Shilphata Road, NH-160

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Locality snapshot
Schools 16+
Hospitals 12+
Restaurants 15+
Banks 14+
Grocery Stores 12+
Petrol Pumps 10+

Supply by BHK
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Consumer preference by budget segment (Rs)
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Consumer preference by covered area (sq ft)
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Source: Magicbricks
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(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)

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