Project Listing
Rustomjee Kalyan emerges as 12-acre affordable housing development in eastern Thane
Rustomjee, through its Keystone Realtors subsidiary, has entered an agreement to co-develop a 12-acre residential project spanning nearly 2 million square feet in Kalyan, beyond Thane. The scheme targets 1 BHK, 2 BHK and 3 BHK configurations in a bid to address affordable-housing demand in a market experiencing infrastructure-led growth.
| Developer | Rustomjee (Keystone Realtors) |
|---|---|
| Location | Kalyan East and Kalyan West, Thane district |
| Land area | 12 acres |
| Saleable area | Approximately 2 million square feet |
| Configurations | 1 BHK (348–443 sq ft), 2 BHK (550–742 sq ft), 3 BHK (896–971 sq ft) |
| Project type | Affordable residential township |
| Status (as of September 2026) | Upcoming—announced via co-development agreement |
| Nearby infrastructure | Metro Line 5 (24.9 km, Thane–Bhiwandi–Kalyan); Mumbra-Panvel highway; Kalyan Junction railway; Navi Mumbai International Airport (30 min) |
Project Overview
Rustomjee, through Keystone Realtors, has entered an agreement to co-develop an affordable housing project of nearly 2 million square feet on a 12-acre land parcel in Kalyan. The residential project is ideally located in Kalyan beyond Thane amidst green patches, giving easy access to different parts of the city.
Unit Configurations and Scale
The project offers a mix of 1 BHK, 2 BHK and 3 BHK units. In Kalyan East, 1 BHK units are available in 348 sq. ft. and 443 sq. ft., and 2 BHK units in 550 sq. ft. and 742 sq. ft. Across the broader project portfolio, carpet areas range from 516 to 971 sq. ft.
Locality and Infrastructure Context
Kalyan East is a rapidly developing residential locality in the Mumbai Metropolitan Region (PIN 421306), bordered by sub-localities such as Katemanivali, Tisgaon, and Chinchpada, and situated near the Ulhas River. The area is served by Kalyan Junction and the upcoming Metro Line 5 station within 2 km, with key routes including Kalyan-Shilphata Road and Malang Road offering a 60-minute commute to BKC.
The Mumbai Metro Line 5, also known as the Orange Line, is a 24.9 km elevated line connecting Thane, Bhiwandi, and Kalyan with 17 stations. The project is slated for completion in 2025, promising to significantly reduce travel time and improve accessibility within the Mumbai Metropolitan Region. The Mumbra-Panvel highway, just 10 minutes away, features two six-lane flyovers at Kalyan Phata and Shilphata, offering a dedicated route between Thane, Panvel, Kalyan, and Navi Mumbai.
As per 2026 data, real estate rates in Kalyan East average ₹8,650 per sq. ft. for 1 BHK and 2 BHK apartments, with demand surging for gated townships and affordable high-rise projects.
Market Demand
Kalyan is an important commercial centre in the eastern part of the Mumbai Metropolitan Region, with a diverse economy comprising wholesale trade, logistics, retail, healthcare, education, financial services and small-scale manufacturing. Kalyan West, spread over roughly 21.22 sq km with a population of around 3.87 lakh, is a family-oriented suburban locality anchored by Kalyan Junction, appealing to first-time homebuyers, working professionals, families and investors.
Frequently asked questions
What is the land size of Rustomjee Kalyan?
The project spans 12 acres with a saleable area of approximately 2 million square feet.
What unit types are offered?
The project includes 1 BHK, 2 BHK and 3 BHK configurations, with carpet areas ranging from 348 to 971 square feet depending on the sub-project and configuration.
What is the current status of the project?
As of September 2026, Rustomjee Kalyan is listed as an upcoming project following the co-development agreement between Rustomjee and Keystone Realtors.
What metro and rail connectivity does Kalyan offer?
The area is served by Kalyan Junction railway station on the Central Suburban Railway. The upcoming Metro Line 5 (Orange Line) is expected to open by 2025, within 2 km of the location, connecting Thane, Bhiwandi and Kalyan.
What major infrastructure projects are planned near Kalyan?
Planned projects include the Mumbra-Panvel highway with six-lane flyovers, the Mumbai-Ahmedabad Bullet Train with 12 stations, Navi Mumbai International Airport (30 minutes away), and improved road networks connecting to six economic hubs.
Who is the developer of this project?
The project is developed by Rustomjee Group operating through Keystone Realtors, a subsidiary that sells properties under the Rustomjee brand.