Kalyan is one of Maharashtra’s oldest and well-planned towns. It is located in Thane district and has always been regarded as one of the best places to live near Mumbai.
Recently, the Kalyan – Thane Metro just received an approval and the work looks set to begin anytime soon. This project will significantly boost the real estate prospects of Kalyan. Here’s how:
Boosting Connectivity
- The Thane-Kalyan Metro-5 corridor will have a total of 17 stations. This will greatly boost intra-city travelling by reducing commute time.
- It will also reduce the load on the suburban railway line, thus making the daily commute during rush hours much easier.
The Impact:
- Time & time again, we have observed that a metro line has a positive impact on the real estate along its corridor.
- Commercial properties gain a lot because of the improved accessibility.
- This has been observed in metro projects all across India (Chennai, Bangalore, Jaipur, Kolkata, Delhi, Gurgaon).
- These cities have witnessed an overwhelmingly positive change after the implementation of metro along their metro corridors.
- The positive impact is higher for the areas closer to the metro station.
- Land pockets near the metro stations also witness a high appreciation, especially if they’re within walking distance.
Helping Kalyan grow even faster!
Kalyan is already one of the fastest growing destinations near Mumbai. With the Metro Line 5 now approved, you can expect greater property appreciation in Kalyan.
Conclusion:
- The completion of Metro line 5 will definitely take a few years. Once completed, property owners in Kalyan will receive great returns!
- So invest now!
If you’re looking for a home in Kalyan West, then take a look at Guru Atman –
Spacious 1 BHK and 2 BHK residential apartments / flats in Kalyan West Mumbai packed with luxurious amenities.