Real Estate Navi Mumbai

CIDCO Unveils Kharghar Township with 30% Affordable Housing

By GeoSquare News Desk · Published 2026-11-09

CIDCO has announced a new integrated township in Kharghar, Navi Mumbai, marking a significant step towards inclusive urban development. The project, which includes a dedicated quota for affordable housing, is expected to reshape the local real estate landscape and cater to a wide spectrum of homebuyers.

Affordable Housing Under PMAY

Under the Pradhan Mantri Awas Yojana (PMAY), 30% of the total housing units in the township will be reserved for affordable housing. This move aligns with the government's vision of 'Housing for All' and provides a substantial opportunity for first-time buyers and middle-income families to own a home in a well-planned locality.

Infrastructure and Connectivity

The township will feature seamless metro connectivity, integrating it with the broader Navi Mumbai network. This is a major draw for professionals working in Mumbai and surrounding areas, as it reduces commute times significantly. Additionally, the project emphasises green zones, ensuring a sustainable and eco-friendly living environment.

Impact on Real Estate Demand

Real estate experts anticipate a surge in demand for properties in Kharghar and nearby micro-markets. The combination of modern amenities, strategic location, and affordable housing options is likely to attract both end-users and investors. Property values in the vicinity are expected to appreciate, making it a promising investment destination.

CIDCO's initiative is a testament to the growing focus on balanced urban growth in Maharashtra. With infrastructure development and housing affordability at the forefront, Kharghar is poised to become a key residential hub in the Mumbai Metropolitan Region.