Lifestyle

Ulhasnagar property market: An overview

[ecis2016.org] Ulhasnagar is a residential destination located in the Thane district of Maharashtra. As of the 2011 Census, the locality houses a total population of 506,098.

The locality is part of Mumbai Metropolitan Region and is managed by MMRDA. It is a municipal

town and houses the headquarters of the Ulhasnagar Tehsil. The locality was initially known as the

Kalyan Military transit camp and was set up to accommodate 6,000 soldiers and 30,000 others

during the Second World War.

The total length of the roads and streets existing in Ulhasnagar measures approximately 352

kilometres. Renowned builders like – Baba Homes, Reputed Builders, etc. have been investing in the

locality for many years now.

A renowned tourist attraction of Ulhasnagar is the Chaliya Sahib Temple located in Ulhasnagar 5.

Connectivity with nearby Ulhasnagar localities:

The locality is well connected to various developed areas and a number of hotels, schools, banks and

hospitals via an excellent network of railways and roadways.

 The locality is situated at a distance of 58 kilometres from Mumbai.

 Ulhasnagar enjoys proximity to areas like – Beyond Thane. Dombivali, Kalyan West,

Ambernath East, Ambernath West, Ambivali and Navgaon.

 The nearest railway station is the Ulhasnagar Railway Station which is situated at a distance

of 0.3 kilometres.

Employment hubs near Ulhasnagar:

The locality is witnessing an increase in the population in the recent years owing to its proximity to

various employment hubs. The locality is famous for furniture market, cloth market and electronic

market and such are the means of improving the local economy.

Schools in Ulhasnagar and other social amenities:

Ulhasnagar provides its residents with all kinds of social amenities to live a happy and peaceful life.

They include various schools and hospitals.

 Jhulelal Trust School

 S.E.S English/Sindhi High School

 Swami Vivekanand School

 P. M. M. Inner. Wheel. School

 Saint Dyaneshwar School

 Priti Academy English School & Jr College and many others enjoy being the famous names of

educational institutions in and around Ulhasnagar.

Of the social amenities provided by Ulhasnagar, the major health institution dominating the locality

includes –

 Dr. Mahapatras hospital

 Aastha Hospital

 Central Hospital

 Shradha Hospital

 Ordnance Factory Hospital

 Dr. Ruprell's Hospital

 Shree Dattatraya Hospital

Apart from these it also provides the luxury of enjoying recreational amenities and proximity to

various banks and ATMs.

Physical infrastructure in Ulhasnagar:

 Land Expansion plans have been put forward and are yet to be undertaken by the

Government

Price Trends in Ulhasnagar:

 Price Appreciation – around 8 % in last 1 year

 Current property rates- INR 3,235 – INR 5,666 per sq ft

Reasons to invest in Ulhasnagar

Considering the increasing price trends Ulhasnagar and the obvious rise in demand, the locality will

definitely prove to be a good investment. The high increase in property prices is a promising trait to

start with. Presence of more and more commercial hubs centering the furniture market, cloth

market and electronic market, in and around the locality, is making Ulhasnagar a coveted working as

well as a residential destination of Mumbai.

Big ticket projects like Reputed Builder Arti Apartment, Reputed Builder Shilp Palace, Paradise Group

Sai World Celebrity and Baba Homes City Of Heights are here to make Ulhasnagar a rather posh and

coveted residential neighbourhood.

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

Debora Berti

Università degli Studi di Firenze, IT

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