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Balkum Naka in the area of Thane, belongs to the Konkan Division. Balkum Naka is enriched with excellent connectivity and is tucked with posh neighbouring localities like Vardhaman Garden, Balkum Pada No 1, Colour Chem Housing Colony, Yashaswi Nagar, and Ganesh Bawadi. The region is one of the nearest zones to the Arabian Sea.
It is a suitable place to live as it offers reputed institutions to commercial places like Kolshet Industrial Area, Balkum Pipeline Rd, and Airoli. With time, the location has been polished, and with space-age residential and commercial places, it has much to offer. Yeoor Hills, Upvan Lake, and Ovalekar Wadi Butterfly Garden are some of the tourist attractions of Balkum Naka.
Firstly, if you invest one time in buying a property, you will receive a monthly rental amount between Rs. 16,000 to Rs. 26,000. It will work as one of the earning sources.
Furthermore, the place has many parks, restaurants, and shopping malls like High Street Mall, Lake City Mall, Saket Bio Diversity Park, Subh Restro Dhaba, Sandhya Restaurant and Bar, etc. One can get a pleasurable weekend with these recreational centres.
Additionally, this location maintains well-balanced residencies of 2 and 3 BHK configurations within a price range of Rs. 2.5 Crore to Rs. 3 Crore, which is quite cheaper than the nearby locations like Mulund, Bhandup, and Nahur.
The price trends of Balkum Naka in the past few years are mentioned below:
Year | Price/Sq ft |
---|---|
2019 | Rs. 16,400 |
2020 | Rs. 14,750 |
2021 | Rs. 16,700 |
2022 | Rs. 17,550 |
2023 (October) | Rs. 18,600 |
Disclaimer: The mentioned prices are taken from different reliable sources and the table does not reflect the actual prices of properties. Prices depend on area, builders, and amenities.
Balkum Naka is also blessed with roadways and railways.
Some of the top institutes and recreational places near Balkum Naka, Thane, are mentioned below:
Educational Institutes | Hospitals | Recreational Places |
---|---|---|
Bombay Cambridge School | Thane Noble Hospital | Viviana Mall |
Euro School | Mauli Hospital | Botanical Garden |
Sulochana Devi Singhania School | Upasani Super Specialty Hospital | TMC Biodiversity Park |
Rustomjee Academy for Global Careers | Global Hospital | Tikuji-ni-Wadi |
The University of Mumbai- Sub Campus | Ashtavinayak Multispeciality Hospital | Inox Insignia |
Balkum Naka, the area of Thane, is well-connected with commercial hubs
Some of the top commercial epicentres of Balkum Naka are-
The Balkum Naka, Thane, is about to get high-rising luxurious buildings. Some of them are:
The rapid price hike of residential properties last year clarified the future price growth. The present average price of residencies is Rs. 18,600 per sqft. The price trend has changed by 6.1% in the last 1 year, 20.3% in the last 3 years, 18.6% in the last 5 years. The price appreciation indicates a notable return on investment in the coming years.
The PIN code of Balkum Naka, Thane is 400608.
Balkum Naka is famous for its wide water land, Upvan Lake. The Lake is surrounded by temples of Lord Ganesha. Whereas the location delivers a spiritual charm with the breathtaking statue of Lord Shiva in the middle of the Lake. Furthermore, the Lake is bordered by Yeoor Hills, which is famous for wildlife.
Balkum Naka is a suitable place for those who are frequent commuters. Because the location offers robust connectivity with the Eastern Expressway and bus stops like Balkum Naka and Ashok Nagar. Also, the location is good for living in 2 and 3 BHK residences. To name a few, Runwal Garden City, Highland Haven, and Kalpataru Sunrise.
The upcoming Balkum-Ghodbunder Coastal Road assures a remarkable improvement in connectivity between Balkum Naka and its neighbouring locations. Also, the proposed metro project will serve a total of 22 stations, and Balkum Naka is one of them to be a part of this advanced project.
1 BHK in Balkum Naka costs in the range of Rs. 14,00,000 to Rs. 27,00,000.
The average size of a 1 BHK in Balkum Naka is 339 sqft.
The rent of 1 BHK in Balkum Naka lies in the range of Rs. 17,000 to Rs. 24,000 per month.
2 BHK in Balkum Naka costs in the range of Rs. 1.25 Crore to Rs. 1.40 Crore.
The average size of a 2 BHK in Balkum Naka is 650 sqft.
The rent of 2 BHK in Balkum Naka lies in the range of Rs. 25,000 to Rs. 46,000 per month.
3 BHK flats in Balkum Naka, cost in the range of Rs. 1.63 Crore to Rs. 1.70 Crore.
The average size of a 3 BHK in Balkum Naka is 984 sqft.
The rent of 3 BHK in Balkum Naka lies in the range of Rs. 40,000 to Rs. 65,000 per month.
4 BHK flats in Balkum Naka cost in the range of Rs. 2.36 Crore to Rs. 2.53 Crore.
The average size of a 4 BHK in Balkum Naka is 1120 sqft.
The rent of 4 BHK in Balkum Naka lies in the range of Rs. 70,000 to Rs. 90,000 per month.
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