Balkh & the Mahabharata
The Buddhist myth of Shambhala is an adaptation of the earlier Hindu myth of Kalki of Sambhala found in the Mahabharata and the Puranas. The Buddhist version may be a mythologization of an actual culture, whose geographical location can be found either in Central or Far Eastern Asia
The Mahabharata (Sanskrit Mahābhārata महाभारत, IPA: [məɦaːˈbʱaːrət̪ə]) is one of the two major Sanskrit epics of ancient India, the other being the Ramayana..... The oldest preserved parts of the text are not thought to be appreciably older than around 400 BCE, though the origins of the story probably fall between the 8th and 9th centuries BCE..The Mahabharata is the longest Sanskrit epic. Its longest version consists of over 100,000 shloka. About 1.8 million words in total, the Mahabharata is roughly ten times the length of the Iliad and Odyssey combined.
"In Kaliyuga, temples, brahmin houses, Ashrams will be abandoned. Drunkenness and debauchery will be at its highest peak. Students will never care for the teachers. Teacher will cheat his student. Relatives will never respect each other. There will be draught everywhere. People will be stricken with fear. Dharma will be destroyed. Adharma will flourish. In this manner, Kaliyuga will come to an end. At that time, in a village called Sambala, Kalki will born in the name of Vishnu Yasa. He will learn all Vedas and Sastras and he will become the King and Emperor. He will kill all bad characters and will instal dharma. He will perform Asvamedha Yaga." (http://www.telugubhakti.com/telugupages/monthly/mahabharat/content304b.htm)
This research explores my understanding that historically and geographically, the 'legendary' Kingdom of Shambhala was located in the region of Shamis en Balkh (Sham-i-Bala, Bactra, Zariasta)....the great ancient city in Bactria (a region possibly known as Tagzig, Oddiyana, Olmo Lungring) and the great rich and fertile region surrounded by the Pamir and Hindu Kush Mountains.