CIDCO Auction: Prime Plots Near Navi Mumbai Airport

Exploring New Opportunities

In a bold step to accelerate growth around the upcoming Navi Mumbai International Airport, the City and Industrial Development Corporation (CIDCO) has unveiled plans to auction 30 leasehold plots. This initiative is set to attract investors, developers, and luxury homebuyers seeking strategic footholds in one of the most promising zones of the Mumbai Metropolitan Region.

These plots, located in prime areas with immense development potential, provide an exceptional opportunity for creating luxury residences and commercial spaces. Among them, eight premium bungalow plots will go under the hammer, each beginning at a base price of ₹40 crore — reflecting the escalating demand for high-value real estate near the airport corridor.

Investment Chances

For potential investors, this auction presents a golden opportunity to secure property in a region poised for rapid appreciation. Key highlights include:

• 30 leasehold plots available for auction
• 8 exclusive bungalow plots starting at ₹40 crore
• Ideal for both luxury and commercial developments

The strategic locations combine connectivity, scenic value, and access to essential infrastructure — factors that are expected to drive significant long-term growth.

Connect and Discover

With the aviation sector set to catalyse economic activity around Navi Mumbai, CIDCO’s move aligns perfectly with the city’s long-term development vision. Investors and developers now have the opportunity to be part of this transformation as the region evolves into a major hub for real estate and business.

As the auction unfolds, all eyes will be on Navi Mumbai — where infrastructure meets opportunity, and growth takes flight.

Enjoyed this update? Visit PropTech Pulse for more real estate news and market insights.