Godrej Properties Limited has secured three land parcels on lease from CIDCO in Kharghar, Navi Mumbai, valued at ₹716.58 crore. The area is experiencing a surge in real estate activity due to extensive infrastructure upgrades in the region, including the operational status of the Atal Setu and the impending completion of the Navi Mumbai International Airport.
Developers are expanding their footprint and launching large-scale projects, with recent land transactions indicating confidence in the region’s growth potential. Kharghar, a well-planned residential locality in Navi Mumbai, is developed by CIDCO and offers good connectivity via the Mumbai-Pune Expressway, Sion-Panvel Highway, and the upcoming Navi Mumbai Metro.
The proposed International Corporate Park (ICP) by CIDCO in Kharghar aims to become a significant business hub, stimulating economic activity. India and Singapore have signed a Letter of Intent for maritime digitalisation and decarbonisation. The Bihar Urban Infrastructure Development Corporation has invited bids for water supply projects under the AMRUT 2.0 initiative.
The Mumbai Metropolitan Region Development Authority is expediting work on Mumbai Metro Line 14. The Indore Smart City project aims to develop eight key roads in Navi Mumbai, including MR-5 Road. Godrej Properties Limited has secured three land parcels on lease from CIDCO in Kharghar.
Navi Mumbai, valued at ₹716.58 crore. The region is experiencing a surge in real estate activity due to extensive infrastructure upgrades, including the Atal Setu and the completion of the Navi Mumbai International Airport. Developers are expanding their footprint and launching large-scale projects, with recent land transactions.
Indicating confidence in the region’s growth potential. Kharghar, a well-planned residential area in Navi Mumbai, offers good connectivity via the Mumbai-Pune Expressway, Sion-Panvel Highway, and the upcoming Navi Mumbai Metro. The proposed International Corporate Park (ICP) by CIDCO in Kharghar aims to become a significant business hub, stimulating economic activity.
India and Singapore have signed a Letter of Intent for maritime digitalisation and decarbonisation.
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