Fast-growing Ulwe has 42,000 kids but only 5,200 CBSE/ICSE seats—ratio 1:8—versus Kharghar 1:3. Result: families with school-age kids prefer Kharghar, Ulwe rental demand softens 7% YoY, yield drops 50 bps to 4.6%. Upcoming relief: Ryan International campus (1,200 seats) by 2027. Investors targeting child-free IT professionals may still find value. Keywords: Ulwe school shortage, rental yield impact, Kharghar schools.