In the past few years, making investment in the real estate has become the prime preference for majority of individuals. Experts say that this is the only industry where making investment also give fruitful profit. The benefits become high when the investment is made in property located in metros, like Pune, Mumbai, Bangalore or Kolkata. The chief reason behind this is that, with the continuous increase in industrialization, more and more people are sifted to these cities and ultimately looking for shelter. If you are looking for a flat in Kolkata as it is one of the metropolitian city, you can search for the real estate Kolkata broker in your area.
If we talk about Mumbai, the financial capital of the country having own residential property is not less than a dream come true. The real estate industry is growing at a faster pace in two popular areas of Mumbai, one is Kalyan and the other is Dombivli. This is happening because of the drastic modernization in the infrastructure and the sheer amount of facilities that has developed in the past few years.
It is very clear that size of the residential or commercial property is directly proportional to the price. Hence, people who do not have any issue with the finance can buy any type of property at any area of the city, however, for those who have very limited budget prefer to opt for 1 BHK flat in Mumbai. This is one of the wise decisions because the city has huge potential for further growth and development in the near future.
Why people are looking at Kalyan
There are many valid reasons that motivate buyers to look at Kalyan. First and the foremost thing is that in the past few years, the price of property in this area has increased rapidly. Prices of other areas of Mumbai have increased by 25-30 percent but prices of this area have jumped by amazing fifty four percent. This variation in prices has occurred in the same period of time.
Different Infrastructure Development Plans
The sudden splash in the population of Kalyan and Dombivli area has increased pressure on the MMRDA i.e. Mumbai Metropolitan Region Development Authority to come with new civic infrastructure. This is a very fortunate condition for all the people who have already invested in property in Kalyan area and also for those people who are now planning to make investment in the same area.
Another very important consideration, which is taken care of by majority of people, is the connectivity. In the near future, it is expected that a well-framed plan of linking Kalyan with Thane and Bhiwandi will be executed via a monorail link. In addition, there is another plan of expressway links connecting Alibag and Virara with Kalyan is also in progress. Rail passengers will then have the option of availing benefit of monorail but this is an expected plan that will be success in the coming 5 years from now.
This is not the end; further Mumbai Metropolitan Region Development Authority is planning to come up with two skywalks that will make rail traveling very comfortable and convenient at the same time. The project will avail budget of seventy-four crore and this will start from the outer roads of Dombivli, Ambivli and Kalyan. The second project of similar budget will be used for constructing foot over bridges, under passes, subway and railway over bridges from Kalyan.
All these aspects motivate people to make investment plans in Kalyan and other areas of Mumbai. It is true that having a property in Mumbai is a dream but with proper awareness and selection, this dream can easily come true. In addition, taking help from real estate make thing even more simple and safe. However, spotting the right one is very important.