The five projects including Navi Mumbai Metro line 1, Navi Mumbai International Airport, Mumbai Trans Harbour Link (MTHL) along with two other projects are expected to ease connectivity and boost Navi Mumbai real estate market.
Navi Mumbai Coastal Road to disperse traffic at Shivaji Nagar Ulwe interchange yet to be constructed, Sewri interchange traffic dispersal road just about 45% ready till date
As the Mumbai Trans Harbour Link and Navi Mumbai Airport are completed, the Navi Mumbai area is expected to attract data centres operators, said Colliers India.
Ulwe Mumbai property rates: The capital value of residential properties in Ulwe has doubled over 5-10 years due to an infrastructure boost, experts said. A two-bedroom apartment in Ulwe is being sold for as much as Rs 1 crore.