Overview of Kalwa, Thane

Location and Connectivity

In Thane, there's a suburb known as Kalwa. It's getting popular due to its closeness to Mumbai and Navi Mumbai. Kalwa connects easily to eastern and western parts of Mumbai, making it a spot for those wanting affordable homes with decent access.

Property Prices

• Average Price per Sqft: Kalwa's properties usually cost around Rs. 10,677 per sqft. The prices have seen yearly increases by 12.11%.
• Price Range: Property prices vary between Rs. 3,492 per sqft to ₹19,000 per sqft, catering to different budgets.

Types of Properties

• Apartments: Many Kalwa properties are apartments. They come in 1 BHK to 4 BHK and beyond. Average rent for a 1 BHK ranges from Rs. 8,000 to ₹28,000 per month. A 3 BHK can cost between ₹21,000 and ₹42,000 per month.
• Independent Houses: There are some independent houses and builder floors available too. Yet, they're less common than apartments.
• Commercial Properties: For business, there are shops and commercial spots to rent.

Rental Market

• Rental Prices: For renting:
  • 1 BHK: Rs. 8,000 - ₹28,000 per month
  • 2 BHK: ₹16,000 - ₹37,000 per month
  • 3 BHK: ₹21,000 - ₹42,000 per month
  • 4 BHK: ₹55,000 per month.
• Furnished and Semi-Furnished Options: Many rentals offer furnished or semi-furnished choices.

Locality Trends

• Growth and Demand: Kalwa is bustling with development. It's seeing lots of growth and need because it's affordable and connected. The area is evolving more with homes and businesses, making it great for buyers and investors.
• Year-over-Year Growth: Property prices up by 12.11% for Kalwa every year, showing a positive trend for buyers.

Neighborhoods within Kalwa

• Parsik Nagar: Average price per sqft is Rs. 10,105, varying from Rs. 7,272 - Rs. 15,981 per sqft.
• Budhaji Nagar: Avg price per sqft is Rs. 6,922, ranging from Rs. 4,411 - Rs. 5,450 per sqft.
• Manisha Nagar: Avg price is Rs. 8,688, changing from Rs. 7,571 - Rs. 8,253 per sqft.

Amenities and Infrastructure

• Social and Civic Infrastructure: Kalwa's got good schools, hospitals, and recreational areas.
• Connectivity: It’s well connected to key parts of Mumbai and Navi Mumbai for ease in daily travel.

PropertyWala's Conclusion

Kalwa in Thane offers a mix of affordability, ease, and potential growth. As it has risen in property rates and features a variety of homes for all budgets and needs, it's a good choice for anyone. So, whether investing or looking for a new place, Kalwa is worth considering because of its evolving real estate scene.