Ulwe's Rental Revolution: Airport-Driven Growth
Ulwe has become Navi Mumbai's top rental investment spot. Its strategic location just 14 kilometres from the newly operational Navi Mumbai International Airport (NMIA) has sparked huge demand from aviation professionals and corporate executives.
Property prices have increased in 2025, showing steady 6-10% annual growth. This upward trend, along with better connectivity via the Mumbai Trans Harbour Link, makes Ulwe a prime spot for maximising rental yields.
Current Rental Market Dynamics
Rental Rate Structure:
- 1 BHK: ₹10,000-₹12,000 monthly
- 2 BHK: ₹20,000-₹32,750 monthly
- 3 BHK: ₹30,000-₹35,000 monthly
The average rental yield is around 3% annually, with the potential to hit 3.5-4% as airport operations grow. For instance, a typical 2 BHK apartment priced at ₹1.31 crore can generate ₹3.93 lakh in annual rental income, offering competitive returns compared to other areas in Navi Mumbai.
Maximising Yield Strategies
Target the Right Tenant Profile: People close to the airport, like airline staff and business executives, value convenience. They often prefer furnished units and longer leases.
Optimal Property Configurations: Affordable 2 BHK units in sectors 20 and 21 with modern amenities offer the best yield, effectively balancing and attracting corporate tenants.
Infrastructure Leverage: Properties near Bamandongri station or with direct MTHL access fetch premium rents due to better connectivity to South Mumbai and BKC.
Future Outlook
With NMIA's ability to handle 90 million passengers yearly and ongoing railway connectivity improvements, Ulwe's rental market looks strong. Investors can expect steady demand growth as the airport ecosystem expands, making it perfect for long-term rental yield optimisation.