The rise of Ulwe

Announcement of any major infrastructural project in India, be it an airport or a national highway, makes developers and investors make a beeline to pick up the choicest pieces of real estate in that area, anticipating huge economic benefits these projects will bring in. But what happens when these projects get delayed? And how does it impact investors and consumers who were betting big on these projects? Nikhil Sivadas travelled to Ulwe, a planned township that was riding high on the back of several major infra projects to give you a first-hand look at how delays in these projects have affected this upcoming town.