An Overview of Kalyan Thane As a Realty Destination
Kalyan has been touted as the next prime area near Pune and Mumbai and is under the Greater Mumbai area. The area is under the Kalyan Dombivali Municipal Corporation and the Thane district. For the past couple of years, Kalyan has witnessed kalyan result much infrastructural and industrial development. This has attracted buyers for residential projects in the area. It is an ideal for buyers who are looking for affordable property in Thane.
The KDMC has worked hard to supply the area with electricity and water and improve its public parks and garbage disposal mechanism. Subways, underpasses, bridges, wider roads and railway over bridges are under construction in the area in full swing. The city has several hospitals, markets, schools, educational institutes and shopping malls.
Top developers working on Thane real estate in Kalyan include the Gajra Group, Lodha Group, Sai Satyam Group, Ashapura Constructions and Nirmal Lifestyle. They are concentrating on the area for its commercial and residential growth and connectivity. Prices of flats for sale in Thane Kalyan are around Rs 4000 to 6000 per sq ft. Most of the people buying property here are end users and belong to the upper middle and middle class. The common configurations on offer here are 1, 2 and 3BHK and luxury flats. They are priced from Rs 35 lakh to 2 crore.
Given the way the city’s infrastructure is being developed, market experts believe that prices of property in Thane Kalyan shall inch upwards in the coming few years. Therefore, this is the right time to buy for both end users and investors. Because of the high growth, several industries, financial institutes and industries are establishing branches or offices in the offices close by. The city has also seen an increase in commercial activities, with the foundation of MIDC estates and SEZs.
Even though prices of property in Thane and Navi Mumbai can be compared with Kalyan, the latter is better than them in terms of future growth prospects and connectivity. Those working in Mumbai, Navi Mumbai and Thane have begun purchasing property in the city for it is in the vicinity of their offices. Kalyan has affordable real estate with highly developed social infrastructure which is why home buyers are attracted t it over Thane, Navi Mumbai and Mumbai.