India’s real estate market has enough options for homebuyers at every nook and corner of the country. And, one such area is Ulwe in Navi Mumbai. An emerging location, it is best suited for middle-income people. Property prices in Ulwe are expected to rise due to employment opportunities in the Thane-Navi Mumbai region, under the jurisdiction of the City and Industrial Development Corporation of Maharashtra Limited (CIDCO). As a result, there is a growing demand for plots and apartments in Ulwe, Navi Mumbai.
The proposed development in Ulwe is one of the main factors that stimulate real estate demand in Ulwe. Ongoing developments at Ulwe include:
- Proposed Sewri-Nhava Link
- Navi Mumbai International Airport
- Seawoods-Ulwe Link from Palm Beach Road
- The SEZ in Ulwe
These infrastructural developments will certainly provide an impetus for real estate in Ulwe.
The geographical location and proximity of the international airport and the Seawoods-Urban railway line have given real estate in Ulwe a foothold. Ulwe has many Ongoing projects in Real Estate. Some developers in Ulwe are Balaji Group, Shagun Realty, Unimont, Neelkanth Group. In Ulwe, the average property is priced at Rs ₹7,551 per square foot. The lowest and highest and property prices in Ulwe are ₹4,200 per sq. ft. and ₹25,161 per sq. ft. respectively.
Investing in Ulwe is a great investment opportunity as property prices here are quite affordable. Ulwe has a good infrastructure and good connectivity to Mumbai Highway, Palm Beach Road (12.8 km), CBD, Vashi. The upcoming Uran suburban rail network will connect the major corporate hubs through a faster transportation system. In addition, the region has major schools, hospitals, shopping malls, and hotels. Prices are low and the future of real estate in Ulwe is quite promising due to the increasing demand for apartments and plots in Ulwe.