Real Estate Navi Mumbai

CIDCO Unveils 5,000 Affordable Homes in Kharghar Township

By GeoSquare News Desk · Published 2026-11-04

CIDCO has unveiled a new phase of residential development in Kharghar, Navi Mumbai, aimed at mid-income homebuyers. The project will deliver 5,000 affordable units, a significant addition to the region's housing supply.

Project Highlights

The township will feature green infrastructure, including parks, rainwater harvesting, and energy-efficient designs, aligning with sustainable urban development goals. The layout prioritises open spaces and pedestrian-friendly pathways, enhancing liveability for residents.

Market Impact

Real estate analysts expect this announcement to spur activity in Kharghar and surrounding micro-markets. The influx of affordable inventory is likely to attract first-time buyers and investors, potentially stabilising prices and increasing transaction volumes in the near term.

CIDCO's move underscores the growing demand for budget-friendly housing in Maharashtra's key growth corridors. With infrastructure upgrades in the pipeline, Kharghar continues to emerge as a preferred destination for end-users seeking value.