Real Estate Navi Mumbai
CIDCO Unveils 2,000 Affordable Homes in Kharghar
By GeoSquare News Desk · Published 2026-11-07
CIDCO has announced a new affordable housing scheme in Kharghar, Navi Mumbai, featuring over 2,000 units priced under ₹50 lakh. This initiative aims to boost the micro-market and align with the state's housing-for-all mission.
Project Highlights
The project includes green infrastructure and modern amenities, catering to first-time buyers and investors. With prices capped at ₹50 lakh, it offers a viable entry point into the Navi Mumbai property market.
Market Impact
Real estate experts expect this scheme to accelerate demand in Kharghar, given its connectivity and existing social infrastructure. The affordable segment is likely to see increased traction, benefiting both end-users and investors.
What It Means for Buyers
For Maharashtra property buyers, this is an opportunity to own a home in a well-planned locality at a competitive price. The project's green focus also aligns with sustainable living trends.