City and Industrial Development Corporation of Maharashtra (CIDCO) has floated a tender to develop the Navi Mumbai corporate park project at Kharghar. The proposed commercial hub will span nearly 120 Acres. It will be implemented under Maharashtra’s Theme-Based and Iconic City Development policy. Authorities have invited bids from private developers to undertake the project through a competitive bidding process.
The development will create an International Corporate Park designed to host corporate offices, financial institutions, commercial establishments, and mixed-use developments. Furthermore, the selected developer will execute the project under a Construction and Development Operator (CDO) agreement. The project will follow a 20-year construction and development timeline, allowing phased development of office spaces, commercial complexes, and supporting infrastructure within the site.
Also Read: Upcoming Luxury High-rise Residential Project – Aaditri Everest, Ameenpur, Hyderabad
Once implemented, the Navi Mumbai corporate park project is expected to strengthen the region’s commercial real estate ecosystem. The development will also support the creation of a new business district in Navi Mumbai. Additionally, it will attract corporate investments across the Mumbai Metropolitan Region.
Biltrax Construction Data is tracking 38,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
0Discover more from Biltrax Media, A Biltrax Group venture
Subscribe to get the latest posts sent to your email.
