The Future Of Real Estate In Dronagiri And Ulwe – Upcoming Nodes Of Navi Mumbai

By Author: Akshay Argade
Total Articles: 38
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There is no more space left in Mumbai to accommodate the increasing population. Gauging this a decade ago, CIDCO – the urban development authority started with developing Navi Mumbai as a planned city with 14 nodes. Today, most of them fully developed, Dronagiri is one node that is an upcoming investment magnet for the real estate investors.

Investment properties in Dronagiri are in plenty and you would find many renowned builders developing world class buildings with all the amenities. Ulwe is another node in Navi Mumbai zone that is again upcoming hot investment destination and investment properties in Ulwe are selling like hot cakes. The best thing about Ulwe and Dronagiri is that there are numerous govt. approved infrastructure projects. Let us tell you something about them.

Sewri Sea Link

Do you know what are the ongoing real estate prices in Sewri? It is anywhere close to 30,000 per sq. ft and in Dronagiri it is still hovering at Rs.4000 per sq. ft. Sewri sea link will connect Sewri and Dronagiri with length 22km that can be covered in 15 minutes. So, one can imagine that once the project gets ...
... complete, what will be the property rates in this area. This project has got a boost as central govt. has decided to pump in 1920 crores specifically for this project.

Seawoods – Uran Link

The most awaited link, the seawoods uran rail link is set to be operational in 2015. The construction work is going on in full swing; the rail line is already laid. However, at present this line is used by wagons. But once operational, the Seawood Uran rail link will give a major boost to investment properties in Dronagiri. The railway station at Drongairi is under construction presently.

The Reliance SEZ

SEZ development by Reliance will give an impetus to Dronagiri- Nhava Sheva – Uran. Dronagiri enjoys close proximity to JNPT port and once Sewri sea link is operational it will be near to Mumbai as well. So invest properties in Dronagiri will give high returns.
Uran is an economic zone and is house to many industries like JNPT, APM

Terminals, GTPS, MSEB and many other shipping companies. So employment opportunities are galore. This again will hike real estate prices in the area.

Nhava Sheva – one of the largest ports in the World enjoys superb connectivity through road, rail and water. There are many expansion plans in the pipeline for the Nhava Sheva port which includes creating new terminal points and increased connectivity to roads.

So, with all these developments taking place in these nodes, property investments in Navi Mumbai make all sense. So, it is the right time that you put in your money at the right place and earn handsome returns a few years down the line.