Real Estate Navi Mumbai

CIDCO Unveils 1,200 Affordable Homes in Kharghar Node-2

By GeoSquare News Desk · Published 2026-11-03

CIDCO has accelerated infrastructure development in Kharghar Node-2, Navi Mumbai, releasing 1,200 affordable housing units under the Pradhan Mantri Awas Yojana (PMAY). This move is set to reshape the micro-market, offering fresh opportunities for homebuyers and investors alike.

Infrastructure Push

The project includes new road connectivity and a dedicated metro feeder service, significantly improving accessibility to the area. These upgrades are expected to reduce commute times and enhance the overall livability of Kharghar, making it a more attractive destination for end-users.

Affordable Housing Impact

With 1,200 units priced under PMAY guidelines, the supply of budget-friendly homes in the region will see a notable increase. This is likely to spur demand from first-time buyers and mid-income families, while also driving interest from investors eyeing long-term capital appreciation. The combination of infrastructure and affordable supply is a positive signal for the Navi Mumbai real estate market.