- February 21, 2023
- Location
Kalyan 2.0: Kalyan’s transforming journey
The quality of life has increased in Kalyan as a result of changing lifestyles and expanding infrastructure. Making the city one of the most profitable places to invest in real estate.
Kalyan, a city with a rich cultural history, has seen improvements in terms of its infrastructure, social services, and urban living standards during the previous 20 years. Kalyan city is currently one of the MMR region’s areas that is evolving the fastest due to changing times and a growing population. The infrastructure and growth of the city are gradually incorporating the most recent trends from suburban areas and places. Like Mumbai. The skyline of Kalyan has successfully undergone a “Kalyan 2.0” transformation. As a result of the city’s rapid expansion and the emergence of a comprehensive lifestyle ecosystem.
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In the past, cities like Mumbai and Thane were the main destinations for shopping malls, high-quality goods, and entertainment. Nonetheless, the Kalyan city now boasts its fair share of establishments. Including retail malls, cafés, movie theatres, sports clubs, and gyms with modern equipment. It also has some of the top schools, colleges, and hospitals in the globe.
Facilities and connectivity
A new chapter of “Kalyan 2.0” is developing thanks in large part to the robust infrastructural development and enhanced connectivity. The city of Kalyan is one of the most popular locations for residential and commercial real estate investment for a number of core reasons, some of which are list below. With the upcoming announcements about infrastructure, Kalyan is better position than any other locality in the MMR region to have excellent development potential over the next 10 years.
The construction of new infrastructure projects like the Airoli-Katai and Mankoli-Mothagao bridges. Which would benefit almost 60 lakh people, aims to cut commuters’ journey times by 30 minutes. Kalyan’s connectivity to six economic hubs—Bhiwandi, Dombivli, Ambernath, Ulhasnagar, Badlapur, and Thane—will be aided by this development. The building of the Vasai to Kalyan water transport service will improve commuters’ transit experiences. And assist in reducing road congestion as part of the Maharashtra government’s waterway transportation initiative. Moreover, the 126 km long, 16 lane Alibaug-Virar multimodal corridor will significantly improve connectivity.
The two new railway lines that connect Thane and Diva, which were just inaugurate, will also improve travel convenience. Also, the proposed Thane-Bhiwandi-Kalyan monorail link will make commuting easier for people travelling through Kalyan. MMRDA intends to construct two significant skywalks for Kalyan residents to make their lives easier. In addition, the MMRDA intends to provide inhabitants of Kalyan with a mass rapid transit system (MRTS) and a multimodal bus rapid transit system (BRTS).
Kalyan wants to be a city with endless potential thanks to future improvements like the 31-kilometer-long Ring Road. Connecting Dombivli and Titwala through Kalyan, Metro Lines 5 (Thane-Bhiwandi-Kalyan), and Metro Line 12 (Kalyan-Taloja).
Developing communities
Kalyan city has undergone a progressive transformation of regions. L ike Khadakpada, Barave, Umarde, and Saparde into the modern and upscale localities of the Kalyan city. Unveiling its next phase of “Kalyan 2.0.” This is due to the quick improvements in infrastructure and modern facilities. As a result, these locations have emerged as some of Kalyan’s most sought-after areas for high-end living and real estate investment. In order to invest in real estate and get away from the rush and bustle of the city. Prospective home buyers are increasingly drawn to Kalyan because of its tranquil surroundings and abundance of greenery. Property developers are using the limitless infrastructure and development prospects that Kalyan city has created today to transform the city into a cutting-edge centre for real estate investment.
Best options for affordable housing
Currently, Kalyan city is rising as an urban metropolis for homebuyers at moderate costs thanks to the availability of contemporary amenities and a high-end lifestyle. It has developed into the ideal location for investing in real estate that provides a high-end lifestyle like Mumbai and other suburban cities. Kalyan is one of the most desirable places to live since it is the third point of the golden triangle. Which also includes Thane and Navi Mumbai. Throughout the years, a number of well-known developers have realised the enormous opportunity that the region’s strong housing market offers to modern homeowners. Every property buyer has recently aspired to reside in a location that offers an opulent lifestyle and strong financial returns in the future, and presently Kalyan city has emerged as one such location that satisfies this requirement.
The need for residential property
While Mumbai offers soaring costs, Kalyan’s real estate market has recently experienced a surge. Making it a popular suburb for property investment. New residential and commercial projects are being develope at a rapid rate in the area. One of the motivating reasons for end users and investors alike is the region’s good mix of under-construction and ready-to-move-in projects. One of the markets in the nation that is changing quickly is the real estate industry. The choices of homebuyers have changed significantly as a result of the market’s quick change. Homebuyers are looking for properties with lush surroundings and modern conveniences, and Kalyan is the ideal option.
The overall equation in the real estate sector of this region of the Mumbai Metropolitan Region (MMR) is poise for change with plans underway to improve seamless connectivity, as well as the development of a business hub and more, thus dramatically transforming Kalyan into a new real estate destination—”Kalyan 2.0″
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