Sunteck Realty is set to redefine Kalyan’s skyline with the launch o
3 min readMumbai/twenty third November 2023: Sunteck Realty, a premium luxurious actual property developer, has introduced the launch of Sunteck Crescent Park, a futuristic mixed-use improvement nestled in the pulsating coronary heart of Kalyan. Embarking on a journey to redefine city residing in Kalyan, this newest challenge of Sunteck Realty guarantees a harmonious fusion of luxurious, comfort, and cutting-edge trendy design, marking a departure from the strange.
The epitome of architectural grandeur, Sunteck Crescent Park (Phase 1) sprawls over 7 acres with majestic towers, providing its privileged residents an awe-inspiring 360-degree panoramic vista of 80% open areas having expansive landscapes of expansive 1.4 acres of open to sky podium, a mesmerising Infinity pool at 55 toes above floor degree, and plenty of extra. Setting a brand new paradigm in Kalyan, this improvement embodies a rare fusion of superior luxurious residence, well-being amenities, a retail plaza, and nice eating, promising an unparalleled residing expertise.
While Sunteck Crescent Park provides state-of-the-art facilities designed to cater to numerous wants and distinctive experiences, this magnificent challenge additionally champions sustainability with its inexperienced constructing options. From photo voltaic vitality technology to waste recycling, this challenge champions vitality effectivity by passive design methods, seamlessly integrating with nature and minimizing its carbon footprint.
Sunteck Realty is fuelling the transformation of Kalyan right into a premier residential haven with Sunteck Crescent Park. Speaking about the challenge, Kamal Khetan, Chairman and Managing Director of Sunteck Realty, stated, “Sunteck Crescent Park is an opulent mixed-use improvement, poised to revolutionise the very essence of high-end residing in Kalyan. The launch of this challenge serves to underscore our eminent presence in the Eastern suburbs of the Mumbai Metropolitan Region (MMR).”
Total improvement by Sunteck Realty in Kalyan over the subsequent 7-8 years is anticipated to generate a high line of round Rs 9,000 crore, which can additional solidifying the firm’s place in the MMR.
In the thriving city hub of Kalyan, there is a rising demand for distinctive residential areas, pushed by strategic location benefits and upcoming infrastructure initiatives. Kalyan is presently in the midst of a transformative part, characterised by a mess of infrastructure initiatives. These embody the improvement of metro rail networks, expressways, elevated street techniques, and connectivity corridors. Anticipated infrastructure initiatives, together with the metro rail, Kalyan Ring Road, Airoli-Katai Elevated Road, Mothagaon-Mantholi Bridge, Virar-Alibaug Corridor, DMIC, and the Mumbai Nagpur Expressway, are poised to considerably improve connectivity between Kalyan-Shahad and the city centres of Mumbai, Thane, and Navi Mumbai.
The actual property panorama in Kalyan has struck a fragile steadiness between the demand and provide of properties, showcasing its skill to cater to a various vary of homebuyer wants. The just lately launched Anarock Report in September 2023 states that there was a major shift in direction of bigger unit configurations (2 BHK and above), constituting over 40% of the launches. This upward development in the market is additional validated by the sales-to-supply ratio of round 1, ensuing from the sale of roughly 27,600 models in the final six years. Notably, the residential market has skilled worth appreciation since 2020, attributed to substantial infrastructure improvement and distinguished actual property initiatives. With upcoming transformative developments like the Virar-Alibaug Multimodal Corridor and Western Dedicated Freight Corridor, the actual property market in Kalyan is poised for a major increase. Investors and homebuyers are keenly eyeing Kalyan for its potential for future worth appreciation and profitable actual property alternatives.
Mansi Praharaj