CIDCO has launched a groundbreaking housing scheme offering 4,508 ready-to-move flats across five Navi Mumbai nodes using a first-come, first-served model, with PMAY subsidies available for eligible EWS and LIG buyers.

The upcoming launch of Navi Mumbai International Airport is driving demand for affordable homes under ₹1 crore across localities like Ulwe, Taloja, Kharghar, and Panvel, offering opportunities for first-time buyers and mid-income segments.

CIDCO has announced prices for 26,000 homes in Navi Mumbai, sparking mixed reactions. While affordable options start at ₹25 lakh in Taloja, premium rates in Kharghar and Vashi go up to ₹97 lakh, raising accessibility concerns.

The City and Industrial Development Corporation (CIDCO) has begun construction on a 5,730-unit mass housing development in Navi Mumbai's Taloja node, an official said recently.