Ambernath Ulhasnagar Property Market An Overview

 

With the increasing importance of Navi Mumbai and Thane, an investment in the Ambernath Ulhasnagar property market is fetching more and more popularity.

The locality has freshly become a preferred real estate market for Mumbai property customers due to the availability of large-scale reasonable homes that easily fit within a budget. Since the last few years, the area has improved at an impressive rate, encouraged by new construction in every corner of the area. Numerous large housing projects are available for sale or rent, plus residential and commercial properties. There are numerous developed areas and several hotels, schools, banks, and hospitals that are linked through a good network of roads and railways. 

On the Mumbai Suburban Railway network, Ambernath-Ulhasnagar stays on the Central Line. The station is an important hub for daily commuters. In terms of airports, the closest one is Chhatrapati Shivaji Maharaj International Airport. Similarly, it has good connectivity to other parts of Mumbai via a good roadway network. Due to its propinquity to several employment hubs, investment in the Ambernath-Ulhasnagar property market has enlarged dramatically in recent years. 

Therefore, many businesses are also situated in the area, bridging the gap between residential areas and urban hubs. So, if you work in Thane or Navi Mumbai, then it is an outstanding place to invest. With the infrastructure developments in Ambernath and Ulhasnagar, several major real estate developers have emerged. These add GBK Group, Ahuja Group, Mohan Group, and Lok Nagari, developers. Moreover, the area is undergoing a boom in the development of social infrastructure, adding educational institutions, retail outlets, malls, religious centres, and swimming pools.

In Ambernath and Ulhasnagar, a 1 BHK apartment typically costs between Rs 15 and Rs 40 lakh. The cost of 3 BHK homes ranges from Rs 56 to Rs 90 lakhs. It starts at between Rs 80 and Rs 1.5 crores for 4 BHK homes. People are investing here since it is considerably more cheap than other areas of the Mumbai Metropolitan Region.

Ambernath and Ulhasnagar have seen property charges rise at a much faster rate in the last two years. Built on recent price trends, it’s clear that residential units are in high demand, which will certainly prove to be a decent sound investment as well.