Overview of Kalamboli, Navi Mumbai

Location and Connectivity

Kalamboli is fast becoming a key area in Navi Mumbai, and it's in Maharashtra’s Raigad district. The town sits at many major highways, like the Sion-Panvel Highway, NH48, Panvel Bypass, NH 66, and the Mumbai-Pune Expressway, making it super easy to reach from theMumbai Metropolitan Region. Plus, the Kalamboli railway station on the central line brings trains to Mumbai and other regions, making it practical to travel.

Infrastructure and Amenities

Kalamboli is top-notch in terms of physical structure, drawing folks and investors alike. It's got schools like MES Dyanmandir, Tatkera School, and Karnataka Lingayat Education Society, plus hospitals such as Dr. Singh City, Noble Care, Suasth, and Mahatma Gandhi Mission Hospital. Kalamboli also has the biggest marble and steel markets in Navi Mumbai and shopping spots including Satya Shivi and Ambika Mini Market.

Real Estate Market

Property Prices

• Apartment average rates hit ₹12,000 per square foot in Kalamboli.
• For one bedroom homes, prices vary between ₹15 Lacs and ₹81 Lacs, while 2 BHK properties range from ₹42 Lacs to ₹1.6 Crores.

Price Appreciation

• Over the last year, apartment prices grew by 1.3%.
• Over the last three years, they rose by 11.6%.
• Over the last five years, these rates increased 17.1%.
• In the last decade, rates have jumped 42.9%.

Rental Market

• One bedroom home rents usually fall between ₹6,000 and ₹17,000 a month.
• For two bedroom homes, expect monthly rents of ₹13,500 to ₹55,000.

Types of Properties

• Multistorey apartments dominate the scene, with 2 BHK units being the most popular, covering 93% of Kalamboli housing.
• Rented options include flats, houses, builder floors, commercial spaces, shops, offices, villas, and warehouses; some of these come furnished or semi-furnished.

Growth Prospects

• The real estate market's boom in Kalamboli results from its strategic spot, better infrastructure, and growing resident and business interest.
• It's set to stay popular with both buyers and investors as it continues to attract people and businesses.

PropertyWala's Conclusion

Kalamboli, Navi Mumbai, is a great choice for property hunting or renting. Its strong connection, good amenities, and rising realty market make it good for young people, families, and retirees. Given its spot at the crossroads of major highways and its full-service layout, Kalamboli looks like it'll keep growing, making it an appealing move for both users and investors.