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  • January 3, 2020
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Best infrastructure for Ulwe Navi Mumbai | 1 BHK, 2 BHK, flats in ulwe

Ulwe: Promising position without essential infrastructure

Ulwe may promise excellent returns on investment in property, but infrastructure issues continue to plague the region. 1 BHK, 2 BHK, 3 BHK, Flat in ulwe navi mumbai is it worth purchasing a house here? We’re looking at.Ashish Gupte and his colleagues, when they invested in an ulwe project, thought they had made the best decision of their lives four years ago.

 

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img1: Best projects in ulwe navi mumbai

 

The developer assured them that in five years their investment would double. Nonetheless, on their savings, they still have to see the expected infrastructure and good returns.

We have invested in the city, keeping in mind the Navi Mumbai airport announcement. Property and projects in ulwe, the best city, where work was on in full swing, there were numerous under-construction projects during those days.

So we were very positive about the area’s developments. However, even now, there is no proper drainage system in our building. We are still looking forward to positive changes in that region, “Gupte says.

 

What is lacking?

The area’s internal roads are in a pathetic state. Many buildings in the area still have to obtain their certificates of occupancy (OC). In fact, construction of sewage treatment plants remains unfinished, resulting in the absence of drainage connection for most projects.

There is also a lack of adequate street lamps, footpaths, restaurants and services for public sanitation.

Most of the projects carried out in the region are individual projects in the range like 1 bhk flats in ulwe of Rs 4,000-6,500 per square ft. Regional planners, however, point out that inquiries are more applicable to township projects with luxurious amenities in the current scenario.

a local developer’s sales director, sa­­ys, “We saw less requests and less facilities for stand-alone ventures.

Because of the lack of social services and good physical infrastructure, end users who want to move in instantly hesitate to purchase property here.

 

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img2: new project in ulwe navi mumbai

 

Factors for development:

Despite noticeable drawbacks, Ulwe’s development is good for experts. In its 2016 Residential Advisory Report, the international property consultancy Knight Frank India reported that Ulwe’s property prices could rise by up to 70% by 2020.

Infrastructure projects such as the Navi Mumbai Airport, Mumbai Trans-Harbor Link (MTHL), the Palm Beach Road Seawoods-Ulwe link and SEZs are expected to provide the region with a fillip.

Ulwe will also see a significant upward trend in property prices due to its proximity to the national highway and the Mumbai-Pune Expressway,” says Navin Makhija, MD of the Wadhwa Group. The MTHL would definitely change the scenario of infrastructure for the better.

Another important development that will improve Ulwe’s accessibility is the Baman Dongri Railway Station, linked to the Harbor Line.

 

Infrastructure and lifestyle:

Flats in Ulwe navi mumbai is a micro location of Panvel, under the City and Industrial Development Corporation’s (CIDCO’s) planning and maintenance.

Maharashtra’s government recently informed the Panvel Municipal Corporation, which includes Ulwe, to be established.

Ulwe gained prominence, attracting real estate development in the area after a series of planned infrastructure projects.

 

Lifestyle and social Infrastructure Amenities:

Restaurants: the restaurant of Mauli, the restaurant of Sejal, the restaurant of Jivin, the restaurant of Sairaj.

Clubs and gyms: International Sports Complex of Ramesh Thakur; Gym of Jay Hanuman.

Movie theaters and multiplexes: New Panvel (Gangaram Theatre).

 

The quotient of lifespan:

Schools: school of RZP; high school of Chhatrapati Shivaji; school of Zilla Parishad; public school of DAV (within 9 km).

Banks: Maharashtra Bank; Axis Bank; Indian State Bank; Baroda Bank; DHFL.

Colleges: Mahatma Phule Arts, College of Science and Commerce (9 km away).

 

2 BHK Flat for Sale in Ulwe | Price, Review, Location, Floor Plan, RERA

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Disclaimer: The views of this expressed above are for informational purposes only based on the industry reports & related news stories. Navimumbaihouses.com does not guarantee the accuracy of this article, completeness, or reliability of the information & shall not be held responsible for any action taken based on the published information.
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