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Ulwe: Rising residential area in Navi Mumbai

No Comments Sub Category:Mumbai,Residential Real Estate Posted On: Sep 21, 2012

Many localities within Navi Mumbai have become major residential locations over the past few years. Localities such as Vashi, Belapr, Nerul, Khargar etc have all been besought for residential purposes by buyers.

Ulwe is the one such locality to witness a surge in residential demand. Infrastructural developments, enhanced connectivity and affordable residential rates are the factors pushing demand for homes in the area.

With large scale infrastructure developments planned for the locality, the real estate prices driven by increase in demand is set to rise in the coming years. Analysts have predicted that the locality will see a rise of at least 8-10 per cent in the capital values of residential units in the next one year or so. Various developers like Patel Group, Mahavir Group, Paradise Homes, Lakshmi Group, Bhagavathi Group etc have entered the realty space.

To read more real estate news:

Land prices pushing housing prices in Kolkata

 

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