blog-img

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.

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.

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

  • Comments Section

    • - Mazhar Mohammad, Chartviewindia 04/01/2020Reply

      Intraday traders can look to go long if Nifty sustains above the 12,300 level for more than 30 minutes on Friday and look for a target of 12,390. Contrary to this, a strong close below 12,168 level may lead to weakness in Nifty

      • - Gaurav Ratnaparkhi, Sharekhan 04/01/2020Reply

        Nifty is now a stone’s throw away from its all-time high of 12,293. Structurally, it has climbed towards the upper end of the consolidation range i.e. 12,300. Once the 12,300 level taken out, it will march towards 12,350 and subsequently to 12,400, which is near the rising trendline and daily upper Bollinger Band. The 12,220-12,200 zone will act as immediate support

    • - Ashwin Patil, Senior Research Analyst 04/01/2020Reply

      Among two-wheelers, we prefer Hero MotoCorp as it is a proxy to the economy and rural growth, and an expected good Rabi crop output will drive sales in rural India (55% of volumes). We also like Bajaj Auto, which is now finding good traction in exports markets. On the PVs, we still like Maruti as it is a market leader in PV segment and has a wide array of models in all the segments. Its strength in the rural markets is also its positive. We also like M&M, as robust Rabi crop output and increased MSPs will trigger UVs as well as FES growth. Within the CV space we like Ashok Leyland which is away from any global headwinds. Any news on scrappage policy may lead to a sudden spur in CV stocks

      • - Chandan Taparia 04/01/2020Reply

        Nifty has been consolidating between 12,118 and 12,293 levels since last 11 sessions and now a decisive range breakout with followup action can drive the fresh leg of rally. The index has to continue to hold above 12,250 level to witness an up-move towards the 12,350-12,400 zone, while key support has shifted to 12,150 level

    Register with us & Get Exclusive Deals and Offers!