Ulwe, located in the Raigad district of Navi Mumbai, has emerged as one of the most popular residential destinations in recent years. With its affordable property rates, well-planned infrastructure, and proximity to nodes like Belapur and Panvel, Ulwe has attracted both end-users and investors. Let’s take a look at the property market and options for flats in Ulwe, Navi Mumbai.
Ulwe is primarily a residential suburb with several housing projects by renowned builders. As a planned township, it has wide roads, regular bus service, parks and open spaces for recreation. Ulwe lies on the Sion-Panvel Highway and is well connected to key office hubs like CBD Belapur, Kharghar and Panvel, which house major IT/ITES companies and manufacturing industries. The upcoming Navi Mumbai International Airport at Panvel will further enhance connectivity and complement the realty growth here.
Flats in Ulwe, Navi Mumbai are available in 1 BHK, 2 BHK and 3 BHK configurations covering sizes 450 sq ft to 1350 sq ft. Most projects include basic amenities like lifts, 24×7 water and power backup. Branded projects also have swimming pools, gyms, convenience stores, kids play areas etc. The capital values for flats in Ulwe, Navi Mumbai range between Rs 6,000-8,500 per sq ft depending upon location, builder brand and specifications. Areas like Sector 19, 20, 21 and 22 command premium pricing over sectors 17 and 18.
With reputed developers like Lodha, Runwal, Ashford Royale, Radius Developers involved, there are plenty of options for flats in Ulwe, Navi Mumbai. Some of the popular projects include Majestique City, Eternia and Enigma by Ashford Royale Group, Casa Bella Gold and Casa Rio by Lodha Group, Avenue 54 by Radius Developers. These projects have seen good traction due to the amenities, layouts and competitive pricing.
The area also has a decent social infrastructure with presence of DPS, Ryan International School, MGM Hospital etc. The proposed Navi Mumbai Airport Influence Notified Area (NAINA) covers Ulwe, Dronagiri and parts of Uran. This will limit new construction activities and densification around the upcoming airport. Thus, from an investment perspective, this is the right time to explore flats in Ulwe, Navi Mumbai before property rates escalate further.
Connectivity will receive a major boost once the airport becomes operational by 2024-25. The Ulwe railway station provides access to Thane and CST. The Sion-Panvel highway and Palm Beach Road intersect the locality. Kharghar, CBD Belapur and Vashi are 15-20 mins drive away using the internal sector roads. All these advantages make flats in Ulwe, Navi Mumbai a value-for-money option for buyers with budget around Rs 60-70 lakhs.
In terms of amenities, a new hospital, community hall, playgrounds and gardens have been proposed. Civic facilities are quite robust, with underground drainage system and piped gas already available. While Ulwe scores heavily on connectivity and affordability, unavailability of malls, multiplexes and other entertainment zones remain a drawback. Though schools have come up, options for higher education are still lacking. Further, power outages are common during monsoons.
Some of the popular landmarks in Ulwe, Navi Mumbai include the Ulwe Hill View Park, Ulwe Bird Sanctuary, DY Patil Cricket Stadium, and Seawoods Grand Central Mall. The Ulwe Bird Sanctuary spread across 169 hectares is home to over 80 bird species and migratory birds. The scenic Ulwe Hill View Park on Sion-Panvel Highway offers panoramic views. DY Patil Cricket Stadium has hosted several IPL matches and is a landmark venue. Seawoods Grand Central Mall in sector 40 is one of the largest malls in Navi Mumbai with recreation options like a cinema, food court, retail stores etc. These landmarks contribute to the evolving lifestyle of residents in Ulwe.
However, Ulwe holds immense promise owing to the strategic location, accessibility to Mumbai and availability of developable land. For first-time homebuyers as well as investors seeking good returns, flats in Ulwe Navi Mumbai make for an attractive proposition. While capital values are currently quite attractive, they are expected to appreciate in the medium to long term. So, this is the opportune time to explore budget and mid-range housing projects being launched here.
