For anyone who needed further proof that Navi Mumbai, and in particular Ulwe, was becoming hot property, this is it. According to industry sources, an approximate 12,000 square metre plot in Ulwe was sold at a staggering Rs 92 crore, at the cost of Rs 80,000 per square meter becoming one of Navi Mumbai’s most expensive deals.

Goldmine: The price of the plot located in Sector 9, Ulwe is nearly 70 per cent more than the existing rate of Ulwe, which is currentlyu00a0Rs 50,000 per square metre.u00a0Pic/Pradeep Dhivar