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.

Getty Images
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.

26-1



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

26-2

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

Supply by BHK
26-3

Consumer preference by budget segment (Rs)
26-4

Consumer preference by covered area (sq ft)
26-5

Source: Magicbricks
(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.)
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Text Size:AAA
Success
This article has been saved

*

+