hi , I want to know about paradise group Sai harmony project in sector 21 ulwe from investment point of view is it good

Q: Whether the project is approved?. and best price at which i should purchase

Amit Saini, Mumbai

26th December 2015

Buying property in Paradise Sai Harmony, Ulwe, Navi Mumbai

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Replies (2)

I think you should discussed with their sales guys and negotiate the mentioned price. You can get a good deal as it's time for new year so you can depreciate up-to Rs.100-150/sq-ft. Check out all the legal papers and verify it by a property lawyer they can give the exact details on it.

Vineet Tendulkar, Mumbai

28th December 2015

Comment

Hi,
Ulwe has become one of the most prominent nodes in Navi Mumbai developed by CIDCO. Its easy connectivity to the nearby places via Road and Railways is the prime reason why people opt this place for property investment. This area is situated along the South Western water front of the CBD of Navi Mumbai and extends down towards the JNPT port in the South. It is also strategically situated across the Panvel Creek and is in visual contact with CBD at Belapur & Seawoods Nerul.

Kishore Pathak, Mumbai

28th December 2015

Comment

Right Kishore,
Ulwe, as it is very close to upcoming Navi Mumbai International Airport. And the price are quite affordable now. It is one of the fast developing nodes in the city and offers 1BHK units ranging from Rs 24-30 lakh. Invest there with a reputed builder and in good location. It is likely to be recognized as a prominent location for investors, working professionals and property buyers. Annual return would be around 30-35% subject to growth and risk factors.

Rajatrawal, Mumbai

28th December 2015

@Amit,
As far as transportation is concerned, the main modes of transport in the locality are buses and auto-rickshaws but there are very few of them. The Navi Mumbai Municipal Transport (NMMT) runs bus services from Vashi, Nerul, Kharghar, Uran and Belapur to Ulwe. A railway station being built nearby called the Bamandongri Railway Station.

Kishore Pathak, Mumbai

28th December 2015