Hindustan Times ST (Mumbai) - HT Navi Mumbai Live

Developmen­t in Kharghar is benefiting Kalamboli node

Node is situated near Kharghar, Belapur, Panvel and Mumbai-Pune expressway

- Tasneem Kausar htfornavim­umbai@hindustant­imes.com

KALAMBOLI: Located close to the Sion- Panvel highway and the Mumbai-Pune expressway, Kalamboli is one of the earlier nodes developed by CIDCO. This node offers good commercial facilities as well as residentia­l amenities. The presence of industrial area makes this area strategica­lly important for many companies and businesses.

T hough s i milar t o New Panvel, Khanda colony and Kamote, Kalamboli’s commercial nature makes it more expensive in terms of real estate. Good commercial enterprise­s, factories, a hospital and other facilities are located in the area.

Rates of flats at Kalamboli are increasing day by day ever since the Navi Mumbai internatio­nal airport project was announced.

Kalamboli is the largest iron and steel delivery centre in India because of the presence of the iron and steel market here. It is also a transporta­tion hub.

It is the starting point on the Mumbai-Pune expressway from Mumbai. It also has the biggest McDonald’s outlet in the city.

A rapidly developing node, Kalamboli is attracting more and more people as it offers properties that fit their budgets. It also offers opportunit­ies to invest in residentia­l and commercial properties.

The Kalamboli Township, like the rest of Navi Mumbai, is divided into sectors, which are further divided into plots, so the address system is organised, and the township is easy to navigate.

Kamboli node is located near fully- developed residentia­l nodes of Navi Mumbai such as Kharghar, CBD Belapur, Panvel etc. These have excellent social infrastruc­ture facilities, and the availabili­ty of skilled manpower for IT/ITes can be ensured from these nodes.

“Kalamboli looks excellent as an investment option. It will reap major profits for investors in the next few years,” said Vijay Arora, a local estate agent. “Kharghar node, which is five minutes from the Kalamboli SEZ area, is being developed as one of the most prominent nodes of Navi Mumbai, with ample facilities for education, rest, recreation and entertainm­ent facilities, in addition to residentia­l facilities. That is benefittin­g Kalamboli too.”

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