Kalwa, in Thane, was earlier known for its exceptional growth in the commercial space. But over the past few years, Kalwa has also stepped into the arena of becoming one of the most suitable residential hubs in all of Thane.
This place is now booming with civic and social infrastructure and boasting its seamless connectivity with the city's significant areas. There is almost everything around this region that makes it stand out among the top real estate locations of Mumbai.
But what’s the trend set of real estate in Kalwa today? And what does the future hold for the this new popular residential hub?
This blog will give you a brief insight into the potential of real estate in Kalwa and will showcase future trends.
Kalwa Sets a Thriving Investment Opportunity for Home Buyers
Kalwa has a great mix of residential opportunities around it. Regarding investment, there are ample residential options today, ranging from apartments of all sizes to independent bungalows. The average pricing per sq. ft. in Kalwa is around Rs. 9,000 as of March 2023.
But, considering the mix of residential properties at Kalwa, you can expect to get multiple housing options, even within the affordable category, as per the Mumbai real estate market. You can get apartments at a cost as low as Rs. 28 lakhs- Rs. 30 lakhs for a standard house, and you can go for luxury options beyond crores of rupees without any upper limit.
Today, the real estate sector of Kalwa has flourished with the uprising of sincere property developers. Kalwa has some mind-blowing residential properties delivered by reputed providers such as Ashar Ventures, Shree Rajlaxmi, Sanghvi Group, Omkar Builder and many more.
If you are out in Mumbai and searching for a budgeted or luxurious apartment in Thane, then Kalwa has some of the best options ready for you to move in. If you are facing difficulties sorting out your choice and preferences, you can rely on Blox to help you search for the best flats in Kalwa Thane.
Blox is a tech-based home-buying platform that brings together the properties of the best developers under one umbrella. If you are looking for flats in Kalwa Thane, you must enter the location, choose a developer, set your budget, and pick the type of property you are searching for.
Once done, click on search, and you will see a list of numerous properties that matches your preferences and filters. Pick the ones that match your considerations, and book your site visitors from the website.
Radha Krishna Park and Jivdani Building are currently under construction and offering apartments at a starting price of Rs. 28.15 lakhs and Rs. 33 lakhs, respectively. You can find all types of apartments, independent houses, penthouses, and other properties over Blox. It eases your home-buying journey!
The Future of Real Estate in Kalwa, Thane
The future of real estate in Kalwa, Thane, will be picking up pace in the forthcoming times. Over time, the infrastructure of this place has improved immensely. Property developers consistently deliver quality projects to residents and commercial business owners.
With the constant pace of development, there are 42 hospitals, 176 health centres, 42 pathology labs and 110 medical stores nearby Kalwa. Schools, colleges, malls, markets and all other amenities are available within accessible distances.
This and more are about to be introduced in this locality, considering the increasing demand for residential properties in Kalwa. Some of the further upcoming developments in Kalwa that might spike the real estate graph for the locality are:
- A proposal has been made to construct an elevated Kalwa to Mumbra metro-lite network.
- The Thane to Mumbai waterway will help connect Kalwa to the Gateway of India, Elephanta and Trombay.
- Road connectivity is being improved with the 32-km coastline stretch, which connects Diva to Gaimukh.
- There are plans to build a freeway between Shilphata and Kalwa extending to 6km, eventually reducing traffic congestion.
- To boost the tourism of Kalwa, Maharashtra Maritime Board has plans to redevelop the waterfront of Kalwa to Shastrinagar.
- Airoli to Kalwa corridor is planned under Urban Transport Project-3. It will boost people’s connectivity to the Navi Mumbai airport.
Conclusion
These facts and figures explain how real estate scales in Kalwa, Thane. Many who intend to buy their home in Mumbai are now eyeing Kalwa, their prime destination. It is because of the locality’s constantly upgrading architecture and amenities. As more facilities and convenience are about to be initiated in Kalwa, the real estate sector will boom this decade.
If you are looking for affordable, premium or luxurious flats in Kalwa Thane, open the Blox search portal immediately. Fill in your preferences, and you will have the list of options right on your screen!