Description of Ulwe Village in Navi Mumbai

Position and Growth

• Ulwe in the Raigad district of Maharashtra is a key residential area in Navi Mumbai. It's managed by CIDCO and will soon be under the Panvel Municipal Corporation.
• It lies between Belapur and Nerul and is close to major developments like the Navi Mumbai International Airport, Seawoods-Uran railway line, and the proposed Trans-harbor link from Sewri to Chirle village in Nhava Sheva.

Different Property Types and Prices

• Residential Buildings:
  • There are multiple options such as 1, 2, and 3 BHK apartments.
  • Prices range from Rs 6,000 to ₹13,000 per square foot, changing with the area, connectivity, and age.
  • Property costs vary from 3.00 lacs to 6.00 crores.

Services and Amenities

• Sport Complex:
  • It has a football field, badminton court, hockey rink, swimming pool, and an indoor stadium.
• Transport:
  • Close to major plans like the Navi Mumbai metro project, the Nhava Sheva-Sewri Sea Link, and the new Ulwe Coastal Road.
  • Easy access to State and National Highways via roads such as Amra Marg.
• Commercial Projects:
  • The area includes Reliance SEZ and others like the international financial service centre and diamond hub.

Rent Prices

• Rent Costs:
  • The rent for a 1 BHK apartment is around ₹10,000 to ₹12,000 monthly.
  • Rent for a 2 BHK apartment is about ₹20,000 per month.
  • A 3 BHK apartment can cost between ₹30,000 and ₹35,000 monthly.

Trends on the Market

• Property Value Growth:
  • Prices have doubled in the last five years due to upcoming projects like the MTHL and Navi Mumbai airport.
• Good Investment:
  • The fast development and future connections make the area a smart investment.

Well-Known Developers and Projects

• Companies:
  • Developers such as Lakhani, Neelkanth, Progressive Group, and Swaraj are active here.
• Developments:
  • Some big projects are Lakhani White Castle, Neelkanth Bliss, Progressive Group Icon, Swaraj Kingston, and Lakhani Oasis.
  • Other important societies include Paradise Sai Sahil, Uptown Bhaveshwar Oasis, Dadan Neelkanth Residency, and Qualitas La Palacio.

PropertyWala's Comments

Ulwe Village in Navi Mumbai provides a great real estate market with various property types. The area's fast development, driven by big infrastructure projects, makes it perfect for both investors and buyers. Its strong connections, plenty of amenities, and future growth in prices make Ulwe a strong pick for property buying or renting. However, consider prices and rental costs depending on each place and the services offered.