Kalyan - A Realty Destination With A Promise

Mumbai's realty market is one of the most quickly developing markets in the country. Homebuyers' partialities have also undergone a paradigm shift with a growing trend of investing in homes nestled in the lap of nature and yet contributing facilities that can elevate one's lifestyle.

This has obstructed demand for homes in peripheral areas of the largest city. One such locality – Kalyan, is now being observed as a profitable investment choice.

Kalyan delivers affordable to discreetly priced homes as associated with homes in other regions. With the mix of ongoing construction and completed projects in Kalyan, the market is obsessed with both customers and investors. The area is now the seventh-largest metropolis in Maharashtra by people, reflecting the rise in demand in Kalyan.

Kalyan gives an elevating social infrastructure. Places like Khadakpada, Manpada, and Palava, among others, have become auspicious neighbourhoods in the region. Kalyan is home to some well-known educational institutes. The region has the best hospitals, banks, and restaurants as well.

Kalyan's industrial growth is authenticated due to the growth of various small and large industries over the past two to three decades, suggesting the concept of the walk-to-work. The Maharashtra Industrial Development Corporation (MIDC) has set up a large industrial complex, thus presenting many job opportunities. Taking cognisance of this incredible growth potential, many renowned developers have already reputable themselves in this region.

Kalyan has observed a consistent boom in its property marketplace owing to its planned location and good railway connectivity to commercial hubs within the MMR. Including the twin towns of Kalyan-Dombivali for the Smart City Mission of the Central Government gave an extra improvement to property prices. As per multiple reports, average residential costs in Kalyan raised by 16 per cent from March 2018 to March 2021.

By 2028, Kalyan is predicted to become a large corporate hub, as major transport connections are within a five km radius. Upcoming infrastructure development will progress connectivity to six economic hubs - Bhiwandi, Dombivali, Ambernath, Ulhasnagar, Badlapur, and Thane – enhancing the city's expansion. The 24.80-kilometre-long, Thane-Bhiwandi-Kalyan metro line 5 will link metro line 4 (Wadala-Kasarvadavli) and the expected metro line 12 (Kalyan-Taloja), as well as the existing central railway, and will save travel time by 50 to 75 per cent.

Ten districts—Nagpur, Wardha, Amravati, Washim, Buldhana, Aurangabad, Jalna, Ahmednagar, Nashik, and Thane—will be connected by the 701-kilometre Samruddhi Highway. As a result, the Wardha and Jalna dry ports, the Mumbai JNPT, the Western Dedicated Freight Corridor (WDFC), and the Delhi Mumbai Industrial Corridor (DMIC) are all connected. People will have easy access to self-employment and salaried employment possibilities, economy, commerce, education, health care, and other amenities thanks to the highway's connections to Maharashtra's major cities. Also, commuters could go farther and faster thanks to the upgraded Kalyan railway station, saving both time and money. These developments will afford easy access to the golden triangle of commercial nerve centres such as Kalyan-Thane-Navi Mumbai.

The city is in line with the region's expansion plan, facilitating integration with local traffic patterns and providing Kalyan residents with amenities at every turn. The potential for Kalyan to develop into a micro market growth hub has been evaluated by the Mumbai Metropolitan Region Development Authority or MMRDA.