November 8, 2016
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4:28Now PlayingExpert: Mohammad Aslam, National Director at JLL India.
Question: I am looking for a 2 BHK flat in Godbhunder, Thane and Ulwe. My budget is Rs 1 crore. It is for end-use purpose. Which location is better?
Answer: I would suggest you to go for Ulwe. It is one such micro-market which has already started garnering a lot of interest from investors and end-users merely because of relatively low entry point and immense potential to deliver high returns. Ulwe has become investors hub and is the fastest developing location in Navi Mumbai. It has been transforming into a realty hotbed from a drowsy suburb since the last 5 years.
Speculation and appreciation of real estates are being witnessed since the conception of Navi Mumbai International Airport's proposal, which is in closest proximity to Ulwe. This region is also expected to further appreciate by all means, due to the upcoming Seawood-Uran suburban rail network, which will connect prominent business centers through a mass rapid transport system. The prices you have mentioned, is for a 1BHK apartment. Investing here calls for an excellent proposition over mid to long term.
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