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Navi Mumbai

53 posts
Wagle Estate is emerging as MMR’s next big commercial hub

Wagle Estate: Mumbai Metropolitan Region’s Next Commercial Hub

Wagle Estate, once an industrial zone, is transforming into the Mumbai Metropolitan Region’s next commercial powerhouse. With seamless connectivity via Metro Lines, expressways, and upcoming bullet train corridors, this Thane hotspot now boasts luxurious residential options, high rental yields, and rapid infrastructure growth—making it a prime location for investors and businesses alike.
Welspun One secures ₹2,300 crore funding from NaBFID for its flagship JNPA Logistics Park in Navi Mumbai

Welspun One Secures ₹2,300 Crore from NaBFID for JNPA Logistics Park Development

Welspun One Logistics Parks has secured ₹2,300 crore in construction financing from NaBFID for its flagship logistics project at JNPA SEZ, Navi Mumbai. Spanning 55 acres with a development potential of 3.6 million sq. ft., the park is set to transform India’s warehousing and supply chain landscape.
Godrej Properties

Godrej Properties Limited Acquires Land from CIDCO on a 60-Year Lease in Navi Mumbai for ₹717 Crore

Godrej Properties Limited has acquired three contiguous land parcels in Kharghar, Navi Mumbai, from CIDCO on a 60-year lease for ₹717 crore. The 6.54-acre land is designated for mixed-use residential and commercial development. With Navi Mumbai’s real estate market booming, thanks to the Atal Setu and the upcoming Navi Mumbai International Airport, this move highlights developer confidence in the region’s future growth. Read the full report on this significant land deal.
CIDCO

CIDCO Reclaims Over 2 Lakh Sq. M. of Land from Encroachments in 2024

CIDCO successfully demolished 2,102 unauthorized structures in Navi Mumbai and NAINA in 2024, reclaiming 2,06,431 square meters of land. This move is part of CIDCO’s ongoing efforts to maintain organized urban development, supporting infrastructure projects like the Navi Mumbai International Airport and Metro. The demolition drives followed due process, with notices issued to property owners under the MRTP Act.
CIDCO

CIDCO’s Hits 1,00,000 Applications, Registration Extended Until December 26

CIDCO’s “My Preferred CIDCO Home” scheme has reached a milestone of 1,00,000 applications for its 26,000 affordable homes. The registration deadline has been extended to December 26, 2024, allowing more citizens to apply and providing them additional time to gather necessary documents.