Ulwe Is Upcoming Hot Destination For Real Estate.

May 16, 2018 by



Ulwe is the node which is located in Panvel city. It’s emerging hot commercial destination in Navi Mumbai. In last several years the real estate growth has been skyrocketed. Many real estate project is in working condition and some of them have been launched.

 

The first and main reason is that announcement of Navi Mumbai International Airport which is increasing faster growth of Real Estate projects in Ulwe. The Airport development is in under construction and will be complete in recent years. The International Airport is the main attraction for the people to invest in Ulwe for real estate. Unlike the Chatrapati Shivaji International Airport of Mumbai which is single-runway affairs, the new Airport in neighboring Navi Mumbai will have two parallel runways, and will handle close to 80 flights an hour.

 

The second and very important connectivity is Mumbai Trans Harbour Link(MTHL) Connecting Navi Mumbai to Churchgate. One of the world’s longest trans-oceanic bridges Sevri-Nhava Sheva link with an estimated project cost of Rs. 6000 crores was finally bagged by Anil Ambani led consortium. The road will be linked to the Mumbai-Pune Expressway in the east, and to the proposed western freeway in the west. The bridge will begin in Sewri, South Mumbai and cross Thane Creek north of Elephanta Island and will terminate at Chirle village, near Nhava Sheva The bridge will largely boost the real estate market in the Ulwe providing fast connectivity from Navi Mumbai to Mumbai.

 

Another connectivity which advance the growth of Ulwe is Seawood to Uran Railway line project which boost the commercial development of the areas around stations including Ulwe and Bamandongri. This project will complete in recent years. Upcoming Navi Mumbai Special Economic Zone (NMSEZ) converted into integrated industrial area is more of a business friendly proposition .




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