Looking to Purchase A New Flat: Here Are 6 Reasons Why Ulhasnagar Should Be Your Choice

Falling under the MMR, Ulhasnagar has been gaining a lot of popularity off-late, courtesy of its developing infrastructure and affordable real estate options. The city houses a population of close to 7 lakh residents, covering an area of 28 sq. km. The mid-segment locality offers a range of ready-to-move 1BHK flats and proximity to employment hubs like MIDC Dombivali, with top developers Birla Estates, Vardhaman developers, and JP Group developing exciting projects in the pipeline for areas such as Ulhasnagar 4. 

Managed by the MMRDA, the city offers excellent connectivity via road and railway and a proposed extension of Metro Line 5. Regarding commercial viability, Ulhasnagar serves as a production centre for rayon, silk, electronic appliances, and dyes while also known for its cloth, furniture, and electronics market. Two other sectors contributing to the economy of Thane’s metropolitan region include travel and tourism. A relatively unknown fact, Ulhasnagar is one of the largest jeans-producing centres in the world. The top-class infrastructure, coupled with ease of commuting, helps aid the growth of small industries and businesses. These factors have played a key role in making the MMR city popular among home buyers. 

Situated 58km from the financial capital Mumbai, Ulhasnagar has shown an appreciation rate of 9.3% in the last year, with the current price per sq. foot being an estimated ₹4,700.

Hence, for those looking to purchase a new flat in the metro city, here is a list of reasons that should serve the purpose of your investment. 

1. Availability of a robust infrastructure

Managed by the MMRDA, Ulhasnagar continues to witness rapid growth in its infrastructure, with the city offering all of the basic amenities that include the necessary social infrastructure and efficient modes of transportation. Thus making the city a top prospect for real estate infrastructure, with space availability a bonus. 

2. Growing industrial demand

Having been designated with the tag of an industrial city, Ulhasnagar has experienced increased demand for factories, leading to massive employment generation. Therefore, the MMR city offers a dual benefit for developers, be it residential or commercial properties. Proximity to the Ordinance Factory and other government institutions of Ambernath East is another real estate industry accelerator. 

3. Affordable housing options

Offering an average price per sq. foot of an estimated ₹4,700, Ulhasnagar has an array of options available for the mid-range income groups and working class. The average price range for those looking to live on rent is ₹7,600-12,200. An area gaining a lot of traction in terms of demand for flats off-late is Ulhasnagar 4. 

4. Growing social infrastructure

As Ulhasnagar continues to attract home buyers, the concerned authorities have been upgrading the city’s infrastructure in terms of schools, colleges, and medical centres, improving the quality standards of its residents. 

Schools/Colleges

• Tilak Nagar Vidya Mandir High School    
• DNC High School Ground    
• G.R. Patil Vidyalaya    
• S.H. Johndale School
• South Indian School
• Regal College    
• Smt. Chandibai Himathmal Mansukhani College
• R.K. Talreja College of Arts, Commerce and Science
• Dr L.H.Hiranandani College of Pharmacy

Medical Centres

• Meera Hospital
• Sai Prasad Maternity and Surgical Home    
• Matoshree Hospital    
• Srushti Nursing Home    
• Girija Nursing Home and General Hospital    
• Shree Maternity Hospital    
• Ramraksha Hospital    
• Ganesh Hospital    
• Dr. Balanis Sanjeevani Hospital    

5. Great Connectivity

Ulhasnagar offers a great network of roads and railways, helping it connect to its counterparts in MMR. For those wanting to use the rail system, both Ambernath and Kalyan railway stations on the central line are viable options, along with the Kalyan Badlapur Road, Badlapur-Katai Road, and NH-61 ensuring seamless connectivity when it comes to road travel. The upcoming Line 5 extension of the Mumbai Metro on the Thane-Kalyan route will further help increase accessibility. 

6. Future infrastructure projects

As the demand for residential spaces grows, the state government and municipal authorities have been formulating plans to make life easier for its residents. 

• The eradication of slums, redevelopment of illegal colonies, and improvement of basic amenities. 
• Ulhasnagar to soon have its Slum Rehabilitation Agency, along with its other MMR counterparts. 
• A four-lane bridge project on the Waldhuni River will help reduce travel time between Kalyan and Ulhasnagar. 
• An under-construction freeway from Airoli to Katai Naka will benefit commuters immensely. 

Final Thoughts 

Given the affordable real estate options and growing industries, Ulhasnagar promises a bright future for its investors, evident from the points listed above. Hopefully, the above blog has served its purpose of the factors to look at before buying a flat in MMR city. To gain further insight, you could check out some properties on our website Blox, India's first consumer-centric real estate buying platform which helps you buy your home in 7 clicks and offers services like access to exclusive properties, unlimited site visits, 0% brokerage, constant updates, and much more.