Real Estate Navi Mumbai

CIDCO E-Auction for 10 Ulwe Plots to Boost Affordable Housing

By GeoSquare News Desk · Published 2026-10-31

CIDCO has initiated an e-auction for 10 residential plots in Ulwe, Navi Mumbai, specifically aimed at promoting affordable housing projects. The development is expected to increase the supply of budget-friendly homes in the node, catering to the growing demand from homebuyers.

Auction Details

The e-auction will see bids opening this week, allowing developers to secure plots for constructing affordable housing units. CIDCO's move is part of its broader strategy to streamline land allocation and expedite housing projects in the region.

Why Ulwe?

Ulwe is emerging as a preferred destination for property buyers due to its strategic location. It offers excellent connectivity to major business hubs and is in close proximity to the upcoming Navi Mumbai International Airport. The area also benefits from ongoing infrastructure upgrades, making it a viable option for both end-users and investors.

Market Impact

With the introduction of these 10 plots, the supply of affordable housing in Ulwe is set to receive a significant boost. This aligns with the state's focus on ensuring housing for all and is likely to stabilise property prices in the micro-market. Developers and buyers alike are expected to benefit from this initiative.