Real Estate Navi Mumbai

CIDCO Launches 1,200 Affordable Homes in Ulwe Near Navi Mumbai Airport

By GeoSquare News Desk · Published 2026-11-14

CIDCO has unveiled a new affordable housing project in Ulwe, Navi Mumbai, offering 1,200 units under the Pradhan Mantri Awas Yojana (PMAY). The scheme aims to cater to first-time buyers and investors looking for budget-friendly options in the region.

Key Highlights

The development includes green spaces and is strategically located near the upcoming Navi Mumbai International Airport. This proximity is expected to boost connectivity and enhance the area's appeal for residential investment.

Market Impact

With the airport project on track, Ulwe is emerging as a promising micro-market. The affordable pricing under PMAY is likely to attract significant interest from end-users and investors alike, potentially driving demand in the surrounding localities.

CIDCO's initiative aligns with the state's focus on affordable housing, offering a mix of amenities and accessibility. The project is expected to contribute to the region's growing real estate landscape.