Located just 26 km away from the hustling, bustling settlement of Thane, Ulhasnagar is a city in the district of Thane of Maharashtra. The population of Ulhasnagar, as per the Census of India, 2011, was close to 5 lakhs. It is a part of the Mumbai Metropolitan Region managed by the MMRDA. Today, the rayon, silk, dyes, fabrics and furniture of Ulhasnagar are widely famed. Also, the city is considered one of the world's most prominent production centres of jeans.
Ulhasnagar has journeyed from being a barren land to a thriving urban centre. Before being christened Ulhasnagar, this place in Thane was known as the Kalyan Military Transit Camp. It was set up during the Second World War to accommodate 6000 soldiers and 30000 people. It served as a home to refugees, particularly Sindhi Hindus. Wearing a deserted look then, it has now transformed into a bustling and promising scape in the Mumbai Metropolitan Region. The population of Ulhasnagar has shot up from close to 80,000 in 1961 to doubling from the same in 1971 and presently being more than 5 lakhs.
If you are wondering what life in a scape like this looks like today, here are five things that make Ulhasnagar a great place to invest in residential real estate.
Connectivity
Mobility is one of the most important factors when investing in real estate. Let us assess the same for Ulhasnagar. Ulhasnagar sits about 26 km east of Thane and about 58 km away from Mumbai. Ulhasnagar is also an important railway station on the Central Line of the Mumbai Suburban Railway. It sits on the route between Vithalwadi and Ambarnath and is a stop for all slow, semi-fast and fast trains on the Mumbai Suburban Railway system. The nearest airports to Ulhasnagar are Mumbai, followed by Pune and Nashik. They are located at 35 km, 105 km, and 125 km, respectively.
Affordability
On average, property prices in Ulhasnagar are ₹ 6500/ sq. ft. A 1 BHK of carpet area 229 sq. ft. can cost between ₹ 12 to 20 lakhs in good societies in Ulhasnagar. A 2 BHK of carpet area 605 sq. ft. in the same society can cost upwards of ₹ 30 lakhs.
A Major Work Centre laden with Employment Opportunities
As a large manufacturing hub of clothes, particularly jeans, people from Maharashtra and other states of India migrate to Ulhasnagar in search of employment opportunities. Moving to a city like this guarantees the sufficiency of resources and employment opportunities. With this also comes the liveliness that urban settlements have to offer.
Education, Healthcare and Recreation
Ulhasnagar is home to many good schools and higher education institutes. The list includes Holy Family Convent High School, RGS English High School, and Narayana e-Techno School. The list of higher education institutes includes St. Paul College, Guru Nanak College of Science and Commerce, Nari Gursahani Law College and many others. Ulhasnagar also offers good healthcare facilities that cater to its growing population; some healthcare institutions include Satya Sai Platinum Hospital, Shree Sai Multi-Speciality Hospital, and Leelawati Multi-Speciality Hospital. Cinema halls, shopping complexes- Ulhasnagar has got it all. Furthermore, its proximity to Kalyan makes it easy for dwellers here to use the facilities there, including supermarkets like D-Mart and malls like the Metro Junction Mall.
Residential Societies by Trustworthy Developers
Ulhasanagar is seeing residential developments by renowned and trustworthy names. The list includes Paradise Group, Rai Residency, Jhalak Construction, Shubham Builders Ghodev, Jai Hind Buildcon Mumbai, and Shree Tisai Developers. Paradise Group has been a leading residential real estate developer in Mumbai's real estate scenario since 1990. Rai Residency is an MCHI CREDAI certified developer with 20 years of experience working in the MMR.
With experienced developers who have already developed hundreds and thousands of happy homes, one can rest assured that quality never goes for a toss. Not only this, the fact that so many developments are coming up in Ulhasnagar is a testament to the fact that it is a bustling scape with a growing demand.
Final Words
The population of Ulhasnagar is a testament to the fact that Ulhasnagar is a promising escape for investments. Furthermore, the thriving manufacturing and commercial establishments scenario makes it an equally great urban scape for retail assets. It offers a good quality of life with good rail and road connectivity. It is near Mumbai, yet its prices are lower than the same. Overall, it is a growing escape that takes care of good education, healthcare, recreation and neighbourhood-level amenities.
