4 BHK flats in Balkum
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About Properties In Balkum, Mumbai for Sale
Overview of Balkum
- Balkum is a mid-segment, luxury-segment and highly populated area located in the Thane district and is part of the Mumbai Metropolitan Region.
- Balkum is strategically situated along the major regions, including Dhokali, Majiwada, Kolshet Road, Kapurbawdi, Saket, Ghodbunder Road, and the Eastern Express Highway.
- Balkum is considered an urban area with a high population density.
- The region offers reasonable property rates, falling within the mid- and high-level budget segments.
- Ashok Nagar, Balkum Pada, Balkum Naka and Yashaswi Nagar are the best residential areas in Balkum.
- Due to its growing population, luxury property offerings, daily living convenience, ease of travel, and robust connectivity, Balkum is considered a good place to live.
- The PIN Code of Balkum is 400608.
Balkum Residential Market Insights
- The average property price in Balkum ranges from ₹ 16,950 to ₹ 21,590 per sq. ft. and beyond.
- The average price of a 1 BHK in Balkum is around ₹ 58.3 lakh to ₹ 86.2 lakh.
- The average price of a 2 BHK in Balkum is around ₹ 1.05 crore to ₹ 1.67 crore.
- The average price of a 3 BHK in Balkum is around ₹ 1.78 crore to ₹ 2.85 crore.
- The average price of a 4 BHK in Balkum is around ₹ 2.37 crore to ₹ 3.89 crore.
- The average price of a 5 BHK in Balkum is around ₹ 5.90 crore to ₹ 7.55 crore.
- The average rental price in Balkum ranges from ₹ 22,350 to ₹ 68,850 monthly or more.
- The dominant residential areas, excellent connectivity, and upcoming metro infrastructure (Line 4, Line 5 and the Thane Integral Ring Metro) have increased property buying and rental demand in Balkum.
- The average price of land plots in Balkum ranges from ₹ 12,150 to ₹ 31,250 per sq. ft.
- Balkum mainly offers mid-segment, premium and luxury residential properties.
- Prices of properties may vary based on certain factors such as apartment configuration, exact carpet area, location, scenic advantages, etc.
- In Balkum, properties are available in both ready-to-move and under-construction conditions.
- Several reputed builders and developers have rapidly been developing Balkum.
Connectivity and Transport In Balkum
- Balkum is internally well-connected via the TMT (Thane Municipal Transport) and regionally via the MSRTC (Maharashtra State Road Transport Corporation) bus network.
- To travel via the local train network within the state and via express trains outside the state, residents can travel from the nearest Thane Junction.
- Other than buses and railways, the cities' public transport is well served by auto rickshaws and other transport options.
- Thane Railway Station Road, Bhiwandi-Wada Road, LBS Marg, the Mumbai-Nashik Highway (NH-3/NH-4), Ghodbunder Road (SH-42), the Eastern Express Highway, Saket-Kalwa Road, Bhiwandi-Wada Road, Ghodbunder Road (NH 48/848), which connects further to the Western Express Highway, and the Thane-Belapur Road are the primary roadway connections from Balkum.
- Thane Station Road, Balkum Road, Saket-Kalwa Road, Pipeline Road, RG Road, Saket Road, External Bypass Road, Highland Heaven Road, University Road, and Dhokali-Balkum Road are some major arterial roads that enable smooth travel within Balkum.
- The Chhatrapati Shivaji Maharaj International Airport is 31.6 km away, and the Navi Mumbai International Airport is 30.4 km away from Balkum.
Social Infrastructure In Balkum
- Balkum is well-equipped with essential social infrastructure and civic facilities to cater to the needs of the residents.
- There are several reputed educational institutions in the area, such as EuroSchool, Finland International School, Saraswati Vidyalaya High School and Junior College, Vidya Prasarak's Vidyalaya Balkum & Jr College, etc.
- Well-known hospitals in Balkum include Mauli Hospital, Jayshree Raj Lions Medical Centre, Highland Speciality Hospital, Navjeewan Hospital, Omkar Hospital, Rainbowlife Hospital, Ashtavinayak Multispeciality Hospital, Shree Vishwasrujna Ayurved Clinic and Panchakarma Centre, etc.
- DMart (Kolshet), Sangam Supermarket, Balaji Supermarket, Eden Super Bazar, Kalash Mart, Shiv Supermart, Sagar Supermarket, and Sagar Supermarket are the top-rated and well-equipped supermarkets in Balkum.
- For the convenience of the residents, there are also other essential services available in the locale, such as local markets, retail outlets, ATMs, banks, petrol pumps, hotel stays, restaurants, cafes, etc.
Employment Opportunities In Balkum
- Balkum is famous for the availability of luxury residential hubs, offering modern living, strategic location, and seamless connectivity.
- Other than that, many major commercial and corporate hubs are also in proximity.
- Trillium Team Hub, Gloria Business Centre, Workon Centre, Bhakti Chambers, Rutu Business Park, Orion Business Park, Thaneone Corporate Business IT Park, Highland Corporate Centre, Ace Business Centre, Ashar IT Park, Centrum Business Square, Sunrise Business Park, Lodha Supremus, Kolshet Industrial Area and some manufacturing industries are in and around Balkum.
Lifestyle In Balkum
- The lifestyle of Balkum is primarily residential in nature. It has a well-balanced mix of residential, commercial and industrial properties to offer.
- Balkum has a vibrant environment with its developed residential areas, which offer opportunities for families, first-time home buyers and investors.
- Various popular tourist sites in Balkum include Upvan Lake, Yeoor Hills, Thane Creek Flamingo Sanctuary, Suraj Water Park, Tikuji-ni-Wadi, Namo Grand Central Park, Durgadi Fort, Ghodbunder Fort, and Manpada Bird Watching Zone. Tourists can easily visit here due to Balkum’s robust internal road network.
- Balkum is well known for its natural and peaceful heritage in the form of temples.
Safety and Security In Balkum
- Balkum is considered one of the safe locales for families in Thane.
- The city's police station takes care of the security and safety.
- Regular police patrolling is practised here to ensure there are no crime incidents or illegal activities happening.
- Traffic regulation is done thoroughly through traffic officers and traffic signals.
- Fire safety measures like fire extinguishers and alarms are set up in crowded areas
Development and Future Prospects In and Around Balkum
- Widening of Mumbai-Agra National Highway will benefit the travel from Balkum to Eastern Express Highway.
- An upcoming U-Loop flyover (637 metres) is planned to improve the flow from the Nashik lane of the Eastern Express Highway.
- A 13.6 km, 6-lane elevated expressway, Thane Coastal Road (Balkum to Gaimukh), will connect the Thane-Nashik Highway from Ghodbunder Road.
- The Airoli-Katai Road project, including a 1.7 km twin tunnel through Parsik Hills and, further, an elevated freeway, will reduce the travel time between Thane-Belapur and Kalyan-Shilphata.
- A major project by MSRDC, the Thane-Borivali underground tunnel will connect Thane West directly with Borivali West.
- Metro will add significant value to Balkum's social infrastructure through Metro Line 4 (Wadala-Kasarvadvali), the Metro Line 5 extension (Thane-Bhiwandi-Kalyan) and the Thane Internal Ring Metro. This metro network will connect Balkum with the entire city of Mumbai.
- Teen Hath Naka Metro Station, RTO Thane Metro Station, Mahapalika Marg Metro Station, Teen Haath Naka Metro Station, and Cadbury Junction Metro Station, which are the metro stations in and around Balkum.
- These forthcoming infrastructures are contributing to the value of Balkum’s real estate investments day by day.
Culture and Community in Balkum
- Balkum is famous for its culture, diverse community, modern living culture, the scenic backdrop of Yeoor Hills, and proximity to Kolshet Forest Area.
- Balkum is considered a cosmopolitan area. A diverse population is settled here in peace and harmony.
- Balkum presents a vibrant street food culture. There are several fine dining places here that serve traditional cuisine options. Maharashtrian cuisine is particularly popular among the residents.
- There are many temples in the area that preserve the area’s cultural significance, giving a sense of spirituality. These temples are also architecturally intricate.
- ISKCON Temple, Shree Kopineshwar Temple, Trimandir, Shree Sadguru Kacharnath Swami Temple, Gaon Devi Temple and Shantidoot Buddha Vihar are some well-known temples in and around Balkum.
Environmental factors in Balkum
- Balkum is a residential and commercially developing area, but it well preserves its natural surroundings while promoting a modern living environment.
- The area of Balkum has several green parks and open spaces in the vicinity that keep the surroundings peaceful and fresh.
- NaMo Grand Central Park, Saket Waterfront Park, Nana Nani Park, Kolshet Creek Park, TMC Gardens, Vedvati Asaram Singla Botanical Garden and many more are in the vicinity, where residents and tourists visit to experience a peaceful and serene view and environment.
Flat Configuration in Balkum
- Balkum offers a range of 1 BHK, 2 BHK, 3 BHK, 4 BHK and 5 BHK properties.
- These properties are available in both under-construction and ready-to-move conditions.
- 2 BHK, 3 BHK, fully furnished properties, and luxury residential properties are the most popular in Balkum.
- Balkum primarily offers apartments and plots, but also other properties like commercial office spaces and some industrial lands.
Property Price Growth in Balkum
- In the last 1 year, Balkum has witnessed a 1.6% price appreciation.
- Whereas in the last 3 years, Balkum has experienced 12.9% price appreciation.
- Over the past 5 years, Balkum has experienced remarkable growth of up to 31.1%.
- Due to established developments and aggressive urbanisation, Balkum is expected to experience consistent rapid price growth in the near future.
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