Real Estate Navi Mumbai

CIDCO's 500-acre township near Kharghar with 40% affordable housing

By GeoSquare News Desk · Published 2026-10-06

CIDCO has unveiled a 500-acre integrated township near Kharghar, with 40% of the housing stock reserved for affordable homes. The project is expected to add significant supply to the Navi Mumbai residential market over the coming years.

What the township offers

The township will include a mix of residential, commercial, and social infrastructure. The 40% affordable housing allocation is aimed at first-time buyers and mid-income families, while the remaining inventory is likely to cater to the premium and luxury segments.

Airport connectivity

The township's location has been chosen to align with the upcoming Navi Mumbai airport. Once operational, the airport is expected to improve regional connectivity and support employment growth, which could strengthen housing demand in surrounding micro-markets.

Market impact

For property investors, the announcement signals a long-term supply pipeline near Kharghar. Large-scale integrated townships with an affordable component are likely to attract end-users looking for transparent development and civic amenities.