Kalambusre

1. Strategic Location and Connectivity

Kalambusare’s Prime Location:

• Situated in Uran Taluka, Kalambusare is centrally positioned within Navi Mumbai’s expanding urban landscape.
• Its proximity to major urban centers and transportation hubs enhances its appeal for both residential and commercial development.

Nearby Key Infrastructure:

• Ranjanpada Railway Station:
  • A nearby suburban station on the Mumbai suburban railway network, offering easy access to Mumbai and Navi Mumbai.
  • Provides an important transit point for residents commuting to other parts of the city.
• Atal Setu (MTHL) Sea Link:
  • Mumbai Trans Harbour Link (MTHL) is a sea bridge connecting Navi Mumbai to South Mumbai.
  • This sea link will drastically reduce travel time between Kalambusare and South Mumbai, further boosting connectivity for commuters, businesses, and tourists.
• Navi Mumbai International Airport (NMIA):
  • Located near Kalambusare, the upcoming Navi Mumbai International Airport will enhance global connectivity.
  • Proximity to the airport makes Kalambusare a strategic location for real estate, business, and logistics developments.
  • Expected to create significant employment opportunities, driving economic growth in the region.

2. Development Plans: KSC New Town and MMRDA’s Vision

KSC New Town Project Overview:

• KSC New Town is a mega township project being developed by the MMRDA, covering 124 villages, including Kalambusare.
• The township will integrate neighboring villages such as Karanala, Sai, and Chirner into a modern urban landscape.
• The vision is to create a sustainable and well-planned urban space that offers a mix of residential, commercial, and industrial developments.

Phase-wise Development:

• Phase 1: Development of 29 villages, focusing on the foundational infrastructure and residential spaces.
• Phase 2: Expansion to include 88 additional villages, further developing residential, commercial, and mixed-use zones across the region.

Compensation Model for Landowners:

• The MMRDA has issued two of the required four notices for land acquisition from local landowners.
• Compensation: Landowners will receive 22.5% of the developed residential plots in return for their agricultural land, a strategy aimed at easing the land acquisition process.
• This model will help expedite the transition from agricultural to urban land, ensuring that landowners benefit from the area’s growth.

3. Economic Impact and Investment

Investment and Global Interest:

• The development is backed by a massive investment of $11 billion from Blackstone, a leading global investment firm.
• This substantial financial backing highlights the high growth potential of the area, attracting global attention and investment.
• Economic Growth: The investment will create significant opportunities in sectors like real estate, retail, industrial development, and commercial enterprises.

Job Creation:

• The development of Navi Mumbai International Airport and the Aerocity hub will create thousands of new jobs in aviation, tourism, hospitality, logistics, and tech industries.
• Kalambusare and surrounding villages will see a rise in demand for residential spaces, commercial hubs, and retail outlets, generating employment across multiple sectors.

4. Government’s “Aerocity” Initiative

Aerocity Designation:

• The government has recognized Kalambusare and the surrounding villages as part of the “Aerocity” concept.
• Aerocity will be a dynamic, multi-functional hub incorporating commercial, residential, and business developments, with a particular focus on aviation and high-tech industries.

Expected Benefits of Aerocity:

• Economic Boost: The Aerocity designation will attract a wide range of businesses, from international corporations to startups, contributing to the regional economy.
• Employment Opportunities: The hub will create thousands of jobs in industries such as aviation, logistics, information technology, and manufacturing.
• Infrastructural Growth: The government’s push for sustainable urban development in the Aerocity area will result in modern infrastructure, including smart city technologies, efficient public transportation, and eco-friendly facilities.

5. Infrastructure Development and Urbanization

Modern Infrastructure and Urban Planning:

• The KSC New Town development will prioritize comprehensive infrastructure planning, including:
  • Roads and Highways: Improved road networks connecting Kalambusare to nearby urban centers like Navi Mumbai, Vashi, and South Mumbai.
  • Public Transport: Navi Mumbai Metro, roadways, and railways will be developed to ensure easy, efficient connectivity to the township and other major urban areas.
  • Utilities: Upgraded infrastructure for water supply, sewage, waste management, and electricity.
  • Green Spaces and Recreation: The development will integrate parks, recreational facilities, and pedestrian-friendly zones for improved quality of life.

Social Amenities:

• Development of schools, hospitals, shopping malls, and community centers to support the growing population.
• Retail and Commercial Zones will meet the demand for services, retail outlets, offices, and entertainment hubs.

6. Real Estate Growth Potential

Residential Development:

• The large-scale urbanization will transform Kalambusare into a prime residential area, offering modern housing options, ranging from affordable homes to high-end luxury apartments.
• The proximity to the Navi Mumbai International Airport and the Aerocity hub will drive demand for premium residential spaces, making Kalambusare an attractive destination for homebuyers and investors.

Commercial and Industrial Growth:

• The area will see a surge in office spaces, industrial parks, and business centers catering to the needs of both local and international enterprises.
• The presence of the Aerocity and Navi Mumbai International Airport will position Kalambusare as a key location for logistics, warehousing, aviation-related businesses, and technology firms.

Real Estate Investment Opportunities:

• Kalambusare’s rapid transformation, backed by substantial investment, makes it a promising area for real estate development, with high returns for investors.
• Developers are likely to capitalize on the demand for residential, commercial, and retail spaces, given the area’s strategic location and growth prospects.