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
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.”