ULWE - PROPERTY

Q: I have heard that reliance is gablout to launch its integrated township in ulwe which will comprise of 1bhk, 2bhk & 3bhk flats. The pre-launch offer quoted by the reliance infra is Rs.3800 per.sq.ft. The projec will be similar to that of hiranandani in powai. The minimum area for 1bhk flats will be 650sq.ft & 2bhk will be of 1050 sq.ft. The launch in diwali 2013. I am really excited and i am looking forward to put my investment with reliance.

Gary, Navi Mumbai

18th April 2013

Buying property in Navi Mumbai

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Replies (18)

Plan is to scrap off the airport in navi mumbai as it is no more financially viable option. The alternate site has been confirmed in chakan, pune. Time for navi mumbai property market to crash.

Gary, Navi Mumbai

8th August 2013

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so is the residential project scrapped off

Shivkumar Gowda,

8th August 2013

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i think it will better that they build education hub than residential hub....alteast this area will always be in focus...

Suniljaid,

8th August 2013

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no bidders for MTHL... bad news..

both NMIA and MTHL are goan .............

Suniljaid,

8th August 2013

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No residential township but an educational hub

http://www.dnaindia.com/mumbai/1871433/report-mukesh-ambani-all-set-to-use-namu-sez-land-for-special-education-zone

Another not so good news

http://www.business-standard.com/article/companies/mumbai-trans-harbour-link-unviable-infra-firms-113080601091_1.html

Sushant, Pune

8th August 2013

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i feel if not airport then anyhow MTHL will save Ulwe.. if not both then nothing can save ulwe..

Suniljaid,

30th July 2013

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Recent article in Times of India said that there will ne no sign of work to commence on Airport atleast for next 1yr from now as there are lot of legalities which need to be taken care off which includes mangroves replantation site, diversion of river etc. Looking at all these facts it is very clear that Airport work cannot commence for atleast 3-5yrs from now keeping in mind our Indian system.

Gary, Navi Mumbai

30th July 2013

environmentalists have given green signal for land acquisition for navi Mumbai airport and I hope the work for airport will commence at the earliest

Shivkumar Gowda,

30th July 2013

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Hi Friends,
Could anyone please let me know where exactly the reliance township is planned in ulwe. i think that plot 1 sec9 is of Bhagavati group. this is the biggest plot in ulwe but not for tonwship for sure.

Suniljaid,

24th July 2013

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Hi tehre...... the plot for township hasn't been confirmed yet but it is definately due to launch somewhere on or after diwali. I would also likt to bring to everyone's notice that CIDCO thinks that airport in mnavi mumbai is unviable not and they do have plans to shift it to chakan in pune. It was in business standards recently. Below is the link for you all. I still urge to everbody that do not buy property in ULWE at such high prices as the bubble is going to burst soon.
http://www.business-standard.com/article/current-affairs/navi-mumbai-airport-might-be-unviable-fears-cidco-113061200759_1.html

Gary, Navi Mumbai

24th July 2013

NEW UPDATE GUYS !!!!! NAVI MUMBAI AIRPORT INDEFINITELY DELAYED - SAID BY CM ASHOK CHAVAN. PUBLISHED IN TIMES OF INDIA. BEWARE OF INVESTING IN ULWE

Gary, Navi Mumbai

21st June 2013

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NEW UPDATE GUYS !!!!!

NAVI MUMBAI AIRPORT IDEGINATELY DELAYED - SAID BY CM ASHOK CHAVAN. PUBLISHED IN TIMES OF INDIA. BEWARE OF INVESTING IN ULWE.

Gary, Navi Mumbai

21st June 2013

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definalty it worth going with reliance . they will give good quality and timely completion would be there

shivkumar, Thane

21st June 2013

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Yes the construction quality has to be great coz it is reliance. It's a multi billion dollar company and won't stake their reputation in the market with the cheap construction quality

Gary, Navi Mumbai

19th April 2013

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Gary, yes it is true, that they are giving at low rates but we have to check if all the approvals are in place and the construction quality is good..

Srikumar Nair,

19th April 2013

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I had got this information from one of the reliable source who is a part of the reliance infra and is working on ulwe projects. He said that reliance has decided to have aggressive go to market strategy and will have the pre launch rate of Rs.3800 sq.ft & Rs.4000 sq.ft. I've found the same information in one of the blog. I have given the link below of everybody's reference.

My argument here is why the hell anybody will buy from the local builders that too at a premium rate when reliance is offering a quality construction at reasonable price. And for argument sake even if we assume that reliance will quote the price of Rs.5000 per sq.ft (which is a premium price) I would still prefer to pay the premium price to reliance rather than to any local builders in ulwe.

Friends please read this link : http://ulweflats.blogspot.co.uk/

Gary, Navi Mumbai

19th April 2013

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It will be launched by Mukesh Ambani and his close aide Anand Jain in Navi Mumbai in the next four months.

Abhijit Thanki, Mumbai

19th April 2013

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The township in Navi Mumbai has been planned after the state government’s recent approval of industrial policy which allows corporate firms, who had acquired land under the special economic zone (SEZ), to unlock 40% of it for construction of residential buildings. Apart from the township, there are plans of developing malls, schools and colleges. The apartments will be developed keeping both the affluent and the common man.

Vinay Dixit, Mumbai

19th April 2013

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One of my friends had inquired about the project and got to know that it is coming up in plot no. 1, sec-9, ulwe and is of size 12100 sq m.. The project will have 9 wings with G+ 14 storeys each.. I heard it will start in mid of 2013.. Lets see...

Ravi Waghmare, Mumbai

19th April 2013

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Hey Gary.. yes even I have heard something similar about the project.. But still don't know what exactly is the project about.. Just saw the hoardings alongside the roads.. Anyone can throw some light, will be appreciable! Thanks!

Arup rajan, Mumbai

19th April 2013

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