Which is the Best Real Estate Investment-Kalyan or Dombivli?
Dombivali is a Thane suburb that is primarily affordable to the middle-income group.
Dombivali is strategically positioned in Thane’s district, bordered on the north by the Ulhas River, the south by Dombivali East, the east by Navpada, and the west by Bharodi Gaon. Mothagaon, Shivaji Nagar, Vishnu Nagar, and Vijay Society are some of the important locations in the area. The primary aspects driving demand in this location are affordability and impending accessibility to job centers.
On the other hand, Kalyan East is a residential area in the Thane district that is characterized by low-cost and inexpensive housing complexes that are popular among first-time homebuyers. It mostly consists of multi-story residential complexes, with some commercial and industrial buildings thrown in for good measure. The closeness of industrial regions, as well as the strong connection to Mumbai, Navi Mumbai, and Thane, fuel residential demand in the area. It borders Dombivli, Ulhasnagar, and Ambernath, among other notable regions.
Price Trends
The starting price of a property in Dombivli East is Rs. 550 per sqft, with an average price of Rs. 6,117 per sqft. The current price trend suggests that both purchasing and selling houses in Dombivli is beneficial at the time.
Whereas, the average price of homes in Kalyan West is Rs 6,612 per sqft, with the starting price being Rs 375 per sqft.
Connectivity
Dombivali is well-connected to the rest of the city through the central line’s Dombivali Railway Station. The Mumbai International Airport is around 40 kilometers away. The projected Dombivali Metro Station (Kalyan – Dombivali – Taloja) on Line 12 (Kalyan – Dombivali – Taloja) is expected to improve connection to the rest of the city when it opens in 2022. Whereas, Through the central line and the Mumbai Agra Road, Kalyan East is well connected to Mumbai and Thane. The nearest railway stations are Kalyan and Vithalwadi. Thane and Navi Mumbai are connected by the Kalyan- Shil Road and the Mumbai Pune Highway (NH 48). KDMT buses run often and provide reliable service to Navi Mumbai, Thane, Ulhasnagar, and Badlapur. The Thane-Bhiwandi-Kalyan Metro, which is slated to be by the end of 2022, would improve access to Kalyan East.
Social Amenities
Royal International, Prabhakar Desai International School, SIA High School, Model English School, and Don Bosco High School are among the schools in and surrounding Dombivali. Venus Hospital, Jeevanshree Hospital, and Optlife Hospital are the major hospitals in the area. There are several colleges in the area, including ITM SIA Business School, KV Pendharkar College, and Nest College of Hotel and Tourism Management. PP Chambers, Anand Bazaar, and Bhagat Shopping Centre are among the small-format shopping malls and marketplaces in the area. While, some notable educational institutions in Kalyan include Lok Kalyan Public School, Model English High School, St. Marys High School, Saket College, Model College, and La Sphère School of Hotel Management. Within 5-10 kilometers of Kalyan East are prominent malls such as Metro Junction, Sarvoday, My Mall, and Lodha Xperia. In and near Kalyan East, notable hospitals include Fortis, Kalyan Metro Multispeciality, Lifecare, and Siddhivinayak. Kalyan Sports Club, Wayale Sports Club, and Yogi Dham Club are all important recreational facilities in the Kalyan East area.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
