Kalyan Junction

5 Reasons Why Kalyan Should Be Your Next Home

Last updated on April 24, 2017 by Nikita Shrawagi

Mumbai’s entry gateway from North and South India, Kalyan, has been amongst the most sought after real estate markets in Mumbai’s Easter suburbs. The stretch of Kalyan and Dombivali comes under the compass of Kalyan-Dombivali Municipal Corporation [KDMC], thus forming a part of Mumbai Metropolitan Region [MMR]. Being one of the most densely populated regions of India, finding a home in MMR remains one of the biggest challenges for Mumbaikars. Kalyan as a destination therefore, comes as a relief to those looking for affordable and mid segment budget category homes and investment options in a fast developing metropolis. 1. Location and Connectivity Kalyan city is located in the Thane district of Maharashtra. It is traditionally divided into Kalyan East and West with the railway network separating the two.  Like most areas in Mumbai, west developed earlier than east.  The well connected network of roads and railways offers smooth connectivity between …

5 Reasons Why Kalyan Should Be Your Next Home

Mumbai’s entry gateway from North and South India, Kalyan, has been amongst the most sought after real estate markets in Mumbai’s Easter suburbs. The stretch of Kalyan and Dombivali comes under the compass of Kalyan-Dombivali Municipal Corporation [KDMC], thus forming a part of Mumbai Metropolitan Region [MMR]. Being one of the most densely populated regions of India, finding a home in MMR remains one of the biggest challenges for Mumbaikars. Kalyan as a destination therefore, comes as a relief to those looking for affordable and mid segment budget category homes and investment options in a fast developing metropolis.

1. Location and Connectivity

Kalyan city is located in the Thane district of Maharashtra. It is traditionally divided into Kalyan East and West with the railway network separating the two.  Like most areas in Mumbai, west developed earlier than east.  The well connected network of roads and railways offers smooth connectivity between this suburb and several parts of Mumbai and adjoining areas.

Rail– Kalyan station is an important junction on the Central Railway Zone of the Indian Railways. Also it holds a great significance as a Mumbai suburban local station. The trains running from CST to Karjat and CST to Kasara halt at this station, before the routes diverge. Work on the proposed Central-Harbour and Central-Western railway line is expected to be completed soon, which will certainly make travel more convenient for daily commuters. This would make Kalyan an even more important railway station. [Read more here].

Kalyan Junction Railway Station
Kalyan Junction Railway Station | Source: India Rail Info

Road– The prominent roads which run through Kalyan are the Kalyan-Murbad Road, Agra Road and Kalyan-Badlapur Road. Bus services operated by the Kalyan-Dombivali Municipal Transport (KDMT) are accessible to the residents and commuters from this suburb. The buses ply between places such as Dombivali, Navi Mumbai, Bhiwandi, Titwala, Ambivali and CBD. Thereby roads too are a good surface transport option in and around this city.

KDMT bus
KDMT bus | Source: indiastransportation.blogspot.in

Air– The domestic and international airport is about an hour and a half away from Kalyan. The new proposed international airport at Navi Mumbai, near Panvel will approximately be 1 hour away from here.

2. Social Infrastructure

An area cannot be called an ideal location to stay if the social infrastructure is not well developed. Kalyan has good medical and educational facilities which are the primary requirements for all residents.  Hospitals such as Fortis Hospital, Kalyan Multi-Specialty Hospital and Dr Arbat Gurudeo Maternity Hospital; Schools such as Arya Gurukul School, St. Jude’s High School and St. Mary’s High School, Holy Cross Convent School, St. Thomas High School and Lourdes High School make up Kalyan’s social infrastructure. Places for recreation such as Junction Mall, Rani Laxmibai Garden, Kala Talao, Sarvoday Mall and Eternity Mall are also available for people residing here. Such vast social infrastructure ensures one doesn’t have to travel too far out to access the basic requirements.

Kala Talao, Kalyan
Kala Talao, Kalyan | Souce: flickr.com/sunilbendkoli/

3. Growth of employment opportunities nearby

A huge industrial belt to the south-east, which stretches from Kalyan to Badlapur and presence of several small scale and large scale industries create a demand for affordable and mid segment housing in this suburb. The new economic growth drivers- the Central Business Districts (CBDs) in Mumbai’s suburbs will also generate a huge demand for housing- both affordable and middle income groups in locations such as Kalyan, Dombivali, Shilphata, and Titwala. There has also been a shift of economic activities from old CBDs to Thane, Navi Mumbai and its periphery; which has led to significant growth of neighboring locations such as Kalyan and Dombivali. The SEZs and MIDC estates have also led to higher business activity in Kalyan.

4. Kalyan’s real estate market

Kalyan caters to the demands of people from all segments. There are apartments ranging from budget range to luxury. Since the prime areas of Mumbai have now become very expensive for majority of Mumbaikars to afford, Kalyan takes a lions share of purchase of residences in the eastern suburbs. It is also because several organized players are operating in this market in comparison areas beyond Kalyan. Consistent return on investment in apartments has also attracted investors to own a share in Kalyan’s property offerings.

Various builders have undertaken projects at Kalyan, including the Raunak Group, which is a prominent name in the Mumbai real estate market. They have been very active in the budget and mid-income housing segment. What sets them apart from others is the impeccable delivery record and customer satisfaction. At Kalyan West, Raunak Group has already created residences across budget range on their huge 35 acre parcel of land, Raunak City.

Raunak City, Kalyan
Raunak City | Source: raunakgroup.com

5. Proposed future development

Construction on two monorail lines at Kalyan has been undertaken by the MMRDA. One of them is the 26 km long line linking Kalyan-Ulhasnagar-Dombivli and the other is Kalyan to Mahape, which is 30 km long. A four-lane expressway is also under construction that will connect Kalyan to Virar-Vasai-Diva-Bhiwandi-Panvel and Alibag. The place, which has a history of over 700 years, will walk into the future along with Dombivali, as a part of the government’s Smart City Project. All the above reasons make this the perfect time to invest in Kalyan’s real estate market.




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Raunak City, Kalyan – Site Assessment and Construction Status

Last updated on November 22, 2016 by Chrisanta Dias

The first thing that strikes you when you step onto Kalyan Junction station is the sea of people right outside the stations. One would be forgiven for thinking they were at Dadar suburban station. Kalyan, particularly, the west side, is a bustling metropolis and the neighbourhood close to the station is teeming with people, vendors, vehicles and it all adds up to a noisy, lively suburb. As you move away from the station, however, with autorickshaws and buses operated by the Kalyan Dombivli Municipal Transport (KDMT) being the popular means of transport, you begin to see Kalyan spread out as a genteel suburb with the shops, crowds and noise thinning out. Location: Kalyan Kalyan has only recently, over the last decade, seen a major influx of top developers thronging to Kalyan West to build affordable and budget segment housing complexes. This trend is resulting in accommodation for the growing number …

Raunak City, Kalyan – Site Assessment and Construction Status

The first thing that strikes you when you step onto Kalyan Junction station is the sea of people right outside the stations. One would be forgiven for thinking they were at Dadar suburban station. Kalyan, particularly, the west side, is a bustling metropolis and the neighbourhood close to the station is teeming with people, vendors, vehicles and it all adds up to a noisy, lively suburb. As you move away from the station, however, with autorickshaws and buses operated by the Kalyan Dombivli Municipal Transport (KDMT) being the popular means of transport, you begin to see Kalyan spread out as a genteel suburb with the shops, crowds and noise thinning out.

Location: Kalyan

Kalyan has only recently, over the last decade, seen a major influx of top developers thronging to Kalyan West to build affordable and budget segment housing complexes. This trend is resulting in accommodation for the growing number of people moving deeper into the suburbs as housing in Mumbai gets more expensive and out of budget for the common Mumbaikar. Raunak Group is one such developer which has been very active in the budget and mid-income housing segment. And what sets them apart from others is the impeccable delivery record and customer orientation. At Kalyan West, Raunak Group has already created residences across budget range on their huge 35 acre parcel of land.

Sector 3 (smaller buildings) and Sector 2 towers (behind)
Sector 3 (smaller buildings) and Sector 2 towers (behind)

The Product

The Raunak Group was established in the year 1980 and came to prominence for building residences in Mumbai, Pune and Thane. Over the years they have developed and delivered gated communities of over 4.8 million sq. ft. Currently they are developing 6.2 million sq. ft. across various parts of the city and state and one of these is Raunak City in Kalyan. The township of Raunak City, which is 3 km from Kalyan station, was launched over 6 years ago in phases with Sector 2 being the first, followed by the Sector 3 and Sector 4. They are among the first to bring the housing complex or township aspect of residential real estate development to Kalyan.

Sector 2 Children's play area
Sector 2 Children’s play area

Construction Update and Price

Raunak City – Sector 2 is a complex of 11 towers with stilt plus 15 floors each. The towers comprise of 1 and 2 bhk apartments. Sector 2 also has an exclusive clubhouse and swimming pool for its residents and landscaped gardens above the podium area which also includes children’s play area. The clubhouse includes gymnasium, multipurpose hall and court. The 1 bhk apartments in Sector 2 are fully sold out while there are only a few 2 bhk apartments left. These are priced at Rs. 55 lakhs onwards.

Sector 3's inner complex road
Sector 3’s inner complex road

Raunak City – Sector 3 is a complex of 17 buildings with stilt plus seven floors. It comprises exclusively of 1 bhk apartments starting at Rs. 32 lakhs. 13 of the 17 buildings are fully sold out and have also been delivered with OC. The layout of the complex is almost like a crescent moon with the 17 buildings forming the outer perimeter. Inside the perimeter is a wide open space of green lawns, landscaped gardens, jogging track, children’s play area and multipurpose court. Such open planning means that a good number of apartments look out over the open landscaped area, while the rest face outwards on the main roads surrounding the complex.

Construction of Raunak City’s Sector 4 has recently begun and is already 30% complete. Its design and layout are similar to the other two sectors and will surround the common landscaped area. Sector 4’s plans also include clubhouse with gym and swimming pool, children’s play area, jogging track and multipurpose court. The plans include 10 towers of stilt plus 28 storeys comprising 1 and 2 bhk apartments. The 1 bhk apartments start at Rs. 29 lakhs while 2 bhk begin at Rs. 49 lakhs.

Amenities

Sector 3' s swimming pool
Sector 3′ s swimming pool

Raunak City has been designed to be a sprawling self-sustaining township and once fully completed will occupy 35 acres and house 3,500 families with all amenities provided within the township. In addition to the usual amenities, all the sectors of the township have been designed with sewage treatment plants, rainwater harvesting as well as solar panels on the roof which will power all the common electric facilities. Each of the sectors has a well designed internal road and sufficient space for parking. Sectors 2 features podium parking. The ground floor on the outside of the township has been reserved for commercial space and some of them are already home to provision stores and other commercial activities. Additionally there is also some reserved space for future developments, possibly a Sector 1. Even though Raunak City is 3 kms away from the station, a common shuttle bus service operates to help residents commute to the station and onwards. There are shops and stores within walking distance and a daily market opens every evening. Most residents in the surrounding area also shop at the local Reliance Fresh store and D-Mart a little further away. Schools like Don Bosco and St. Xavier’s International are close by as well as KM Agrawal College of Arts, Science and Commerce.

Local market close to Raunak City which opens every evening
Local market close to Raunak City which opens every evening

Track Record

In the 6 years since the first brick was laid at the Raunak City, Raunak Group has completed and delivered 10 lakh sqft i.e – 1146 homes. The immediate surroundings have also changed considerably in the interim. Many independent developments have come up including more commercial establishments improving the quality of daily amenities available to residents include those of Raunak City. The road leading to Raunak City and the surrounding neighbourhood is wide and spacious and the locality is peaceful and very residential. No doubt in the next 5 years as the remaining buildings of Sector 3 or Sector 4’s construction is completed there will be more transformation around the place. Going by the rate at which apartments in Sector 3 and 2 were sold out, it is clear that there is a strong demand for quality housing with modern amenities in this budget segment. Raunak Group has established itself in this space and are keen on bridging the demand-supply gap.




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