Real Estate Navi Mumbai

CIDCO Ulwe Affordable Housing: 80% Units Booked on Day 1

By GeoSquare News Desk · Published 2026-10-11

CIDCO's latest affordable housing lottery in Ulwe, Navi Mumbai, has received an overwhelming response, with over 80% of the 1,200 units booked within hours of launch. The scheme offers 1BHK and 2BHK flats priced between ₹25 lakh and ₹45 lakh, targeting middle-income homebuyers.

Strong Demand for Budget Homes

The rapid booking pace underscores the acute demand for affordable housing in the Navi Mumbai region. Industry observers note that the combination of transparent lottery-based allocation and competitive pricing has boosted buyer confidence.

Ulwe's Strategic Location

Ulwe's proximity to the upcoming Navi Mumbai international airport and proposed metro corridors makes it an attractive choice for end-users and investors alike. The area is emerging as a key residential hub, with infrastructure development driving long-term value.

As CIDCO continues to roll out such schemes, the response indicates a healthy appetite for well-priced homes in well-connected locations across Maharashtra.