IconSold Out in Ulwe
📍 Plot No.12, Sector 3, Ulwe · by Kanai Infra Construction
Icon is a sold out residential project by Kanai Infra Construction at Plot No.12, Sector 3, Ulwe. The configurations on record are 2 BHK of 650 and 682 sq ft carpet. This page is Real Estate Mumbai's read on Icon against the resale and rental market in Ulwe — what a flat here rents for, what the resale market asks, and where prices are moving.
Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995
What a flat in Icon would rent for
Ulwe has 1 live rentals on Real Estate Mumbai today, at a median of ₹52,000 a month — about ₹73 per sq ft of carpet a month (middle half ₹73–₹73).
At today's rates that makes a 650 sq ft 2 BHK roughly ₹47,450 a month and a 682 sq ft 2 BHK roughly ₹49,786 a month.
At ₹5,950 per sq ft, that is a gross rental yield of about 14.7% — before maintenance, tax and vacancy. Premium Mumbai homes are bought for capital growth more than yield; treat the rent as the floor under your holding cost, not the return.
| Configuration | Carpet | Ulwe rent today | Estimated rent | Gross yield |
|---|---|---|---|---|
| 2 BHK | 650 sq ft | ₹73/sq ft/mo (1 live) | ≈ ₹47,450/mo | ~14.7% |
| 2 BHK | 682 sq ft | ₹73/sq ft/mo (1 live) | ≈ ₹49,786/mo | ~14.7% |
Estimate = carpet area × the live median rent per sq ft for that configuration in Ulwe on Real Estate Mumbai. Indicative; a new building with sea views can command more.
The resale market Icon competes with
11 2 BHK resale homes are on the market in Ulwe right now, median ₹1.1 Cr at ₹15,172 per sq ft; the middle half asks ₹11,841–₹17,387. Listings are on average 64 days old.
Icon prices at ₹5,950 per sq ft — 61% below the resale median and below most of the resale market. That premium buys a new building, new specification and a longer remaining life; the resale market buys location now, at a discount, ready to live in.
For scale, 4 BHK resale in Ulwe asks a median ₹20,588 per sq ft (1 live).
Where Ulwe prices are moving
Real Estate Mumbai's Ulwe price index reads 112.1 for Sep 2026 (base 100), a median asking ₹15,557 per sq ft across 12 listings, up 0.0% on the month. By configuration: 2 BHK ₹15,557 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Sep 2026 | ₹15,557 | 112.1 | +0.0% | 12 |
| Aug 2026 | ₹15,557 | 112.1 | +12.1% | 12 |
| Jul 2026 | ₹13,879 | 100.0 | — | 78 |
Real Estate Mumbai price index, computed monthly from live asking prices in Ulwe (base 100). Asking, not registered, prices.
Ready homes in Ulwe you can buy or rent today
Real Estate Mumbai's own listings — the honest alternative to waiting for a launch. 2 BHK and larger first.
About Icon
Icon is one of the project developed by Kanak Infra. Construction and enjoys an exclusive surrounding & You would love to invest in such a property without it being too much of a pinch in your pocket.
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Available flats in Icon
7 verified resale & rental listings currently available in Icon, Ulwe.
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Icon against the ready homes above, for your budget.
Icon — the questions investors ask
What rent can a flat in Icon earn?
Is Icon priced above resale in Ulwe?
Are prices in Ulwe rising?
What can I buy in Ulwe today instead?
How do I get the price list or a site visit for Icon?
What flats are available in Icon?
Who is the builder of Icon?
What is the possession status of Icon?
Rents, resale prices and the price index on this page are computed from live listings on Real Estate Mumbai and refresh automatically; project facts are as declared to MahaRERA or recorded by our team (updated 06 Mar 2026). Indicative, not an offer; verify with the developer and on MahaRERA before deciding. Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995.
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Plot No.12, Sector 3, Ulwe · Kanai Infra Construction
