Real Estate Navi Mumbai

CIDCO Kharghar Housing Scheme Draws 2,000 Applications in 48 Hours

By GeoSquare News Desk · Published 2026-10-31

CIDCO's latest affordable housing lottery in Kharghar has received more than 2,000 applications within 48 hours of launch, against 1,200 units on offer. The response underlines the continuing demand for well-priced homes in Navi Mumbai's planned nodes.

Infrastructure-linked supply

The project sits close to the upcoming Navi Mumbai International Airport and the planned metro corridor, two infrastructure projects that are reshaping property preferences across the region. Buyers are clearly weighing connectivity and long-term appreciation while applying for these units.

Catchment impact on Ulwe and Taloja

GeoSquare's assessment suggests the Kharghar scheme could also influence catchment micro-markets such as Ulwe and Taloja. As Kharghar inventory gets absorbed, spillover demand may strengthen residential sales in these neighbouring belts, especially for budget-conscious buyers.

With the airport and metro works progressing, CIDCO-led supply additions in Kharghar are expected to remain closely tracked by investors tracking Navi Mumbai's growth corridor.