HIRANANDANI KALYAN — New Project Coming Up in Kalyan West, Thane

Project Overview

Hiranandani Kalyan is a new residential project by Hiranandani Group in Kalyan West, Thane. The development spans 4.5 acres and comprises 600 units, with pricing beginning at Rs. 46.95 Lakh. The project is RERA-registered with registration number P51700050785.

Location and Connectivity

Kalyan West offers a robust connectivity network, bordering the Mumbai-Agra National Highway and NH-61, providing seamless intra and inter-city connectivity. The area benefits from excellent connectivity through Kalyan Junction, a major railway station that connects the Mumbai Metropolitan Region. Trains, buses and auto rickshaws are important modes of transportation readily available for residents.

The Metro network, particularly Metro Line 4 (Wadala-Kasarvadavali) and its extension, Metro Line 4A (Kasarvadavali-Gaimukh), is set to improve connectivity between Thane and Mumbai. The Eastern Motorway extension from Thane to Kalyan is anticipated to be completed by 2025, reducing travel periods by half.

Area Infrastructure

Kalyan West offers excellent connectivity and well-developed infrastructure, with reputable schools, healthcare facilities, and a variety of shopping and entertainment options. The MIDC Industrial Area in Dombivli East is directly accessible via Kalyan Shilphata Road.

Market Context

Thane's real estate market is expected to receive a significant boost from ongoing infrastructure projects, with property values along the Metro corridor anticipated to increase by 15-20% by 2027. Kalyan West is experiencing significant growth in the real estate sector, with rising demand for residential properties and average property price appreciation of approximately 8-12% over the last year, driven by improved infrastructure and connectivity.

Developer Background

Hiranandani Group was established in 1978 and is one of the largest real estate developers in India with projects across Mumbai, Bengaluru, Chennai, and Hyderabad. The group is known for landmark projects including Hiranandani Gardens in Powai, Hiranandani Meadows and Hiranandani Estate in Thane, and Hiranandani Business Park. The Hiranandani Group pioneered the concept of developing mixed-use integrated townships model with vibrant community living.

RERA Details

Registration Number: P51700050785