Precious Fortune Ulwe, Navi Mumbai

Navi Mumbai International Airport to Strengthen Cargo Operations Amidst Mumbai Airport Upgrades

Navi Mumbai International Airport is emerging as a crucial alternative for cargo operations as Mumbai Airport undergoes runway and taxiway upgrades, leading to a temporary suspension of its freighter services. Airlines like Cathay Cargo, Air France, and Lufthansa Cargo are exploring or confirming shifts to Navi Mumbai.

International Flights to Begin from Navi Mumbai Airport on July 15

Navi Mumbai International Airport will commence international passenger and cargo operations from July 15, 2026. Airlines such as Air India Express and IndiGo are slated to operate international flights from the Adani Group-owned facility.

Navi Mumbai Grapples with Severe Power Outages Amidst Heatwave

Large parts of Navi Mumbai are experiencing prolonged and frequent power outages, exacerbated by rising temperatures and a heatwave. Residents from Vashi, Turbhe, Kamothe, Kharghar, Ulwe, Airoli, Ghansoli, and Kopar Khairane are reporting sleepless nights due to the disruptions, which also affect water supply.

During Q2'2026, average property prices for Precious Fortune moved from ₹ 13,800/sqft to ₹ 17,700/sqft, reflecting a 28.26% rise.

Navi Mumbai Gears Up for Major Infrastructure Push with ₹16,250 Crore Budget

CIDCO has unveiled an ambitious ₹16,250 crore budget for FY27, signaling a significant infrastructure expansion centered around the Navi Mumbai International Airport. The plan includes developing integrated zones like Aerocity, EduCity, and MediCity to drive economic activity and attract investments.

During Q1'2026, average property prices for Precious Fortune moved from ₹ 11,800/sqft to ₹ 13,800/sqft, reflecting a 16.95% rise.

Structural Works reach 25% completion.

The 5.8-kilometer Ulwe Coastal Road, with an additional 0.9-kilometer link to the Navi Mumbai International Airport (NMIA) terminal, is on track for completion by September 2026, with traffic expected to commence by October or November. This project by CIDCO will provide a direct route from the Mumbai Trans Harbour Link (Atal Setu) to NMIA, saving travelers approximately 25 minutes.

The Navi Mumbai International Airport (NMIA) is scheduled to be inaugurated on September 30, 2025, and is expected to alleviate congestion at the existing Mumbai airport. The airport's design is inspired by the lotus flower and will feature modern, sustainable infrastructure. Phase 1 will have the capacity to handle 20 million passengers annually, eventually expanding to four terminals and two runways for 90 million passengers per year. IndiGo and Akasa Air are confirmed to operate from NMIA at launch. Images of the under-construction airport have surfaced, showcasing its lotus-inspired design and spacious terminals. The Mahayuti government delayed the inauguration due to pitru paksha, considering September 30 an auspicious date. The airport will be accessible via road, rail, and water transport, including the Atal Setu.

Precious Fortune, developed by Radhe Krishna Buildcon, officially launched on 29-Mar-2025 and expected to complete by 30-Jun-2029. Registered under RERA No. P52000079903. The project comprises 3 towers and offers 82 residential units, including SHOP, SHOP LANDOWNER, 1 BHK, 1 BHK LANDOWNERS, 1 BHK LANDOWNER, 2 BHK LANDOWNER, 2 BHK, with unit sizes ranging from 258 to 484 Square feet across a total area of 0.27 Acre.