Navi Mumbai Aerocity Planned on 667 Acres Near NMIA

22 Aug 2025 CW Team

Officials confirmed that a techno-economic feasibility study will be conducted for projects across residential, commercial, retail, industrial, and mixed-use zones, each covering over 120 acres. The Aerocity is envisioned to host financial services, corporate offices, export-oriented units, warehousing, hotels, hospitals, schools, entertainment centres, and housing, making it a holistic urban ecosystem.

The Master Plan will take into account market demand, financial feasibility, and infrastructure design while aligning with both domestic and global trends. It will also integrate with surrounding developments such as the Mumbai Trans Harbour Link (Atal Setu), Navi Mumbai Metro lines, suburban railway expansions, ports, and highway projects.

CIDCO, which has played a central role in planning Navi Mumbai since the 1970s, had acquired the Aerocity land alongside the airport’s construction. The consultant will also provide transaction advisory services for the proposed development.

Real estate experts said the Aerocity offers an opportunity for planned development at scale, unlike historic growth patterns in Mumbai. Manohar Shroff, Senior Vice-President of CREDAI-MCHI Navi Mumbai, noted:

“While several parts of Mumbai face waterlogging and congestion, Navi Mumbai has benefitted from planned infrastructure. Aerocity gives us a chance to develop a well-designed hub with hotels, hospitals, education, and housing in a structured way.”

India currently has nine Aerocities either operational or under development, including those in Delhi, Hyderabad, Mohali, Durgapur, Jewar (Noida), Ayodhya, Devanahalli (Bengaluru), and now Navi Mumbai.

First conceptualised in 1997 to decongest Mumbai Airport, NMIA is being developed by the Adani Group, which will also operate Mumbai’s Chhatrapati Shivaji Maharaj International Airport. With the airport’s inaugural flight expected later this year, interest in nearby properties has surged. Pilots and aviation professionals, especially those nearing retirement, are increasingly investing in plots and luxury villas near the Aerocity.

Developers also highlight Navi Mumbai’s strategic location, almost equidistant from Mumbai and Pune, which is attracting buyers from western Pune who anticipate long-term gains from property appreciation around NMIA.

As the Navi Mumbai International Airport (NMIA) prepares to begin operations in September, the Maharashtra government has accelerated plans for a 667-acre Aerocity in its vicinity. The City and Industrial Development Corporation (CIDCO) has floated a tender to appoint a consultant for drafting the Master Plan, with land earmarked for residential, commercial, and retail developments—each spanning around 123 acres.Officials confirmed that a techno-economic feasibility study will be conducted for projects across residential, commercial, retail, industrial, and mixed-use zones, each covering over 120 acres. The Aerocity is envisioned to host financial services, corporate offices, export-oriented units, warehousing, hotels, hospitals, schools, entertainment centres, and housing, making it a holistic urban ecosystem.The Master Plan will take into account market demand, financial feasibility, and infrastructure design while aligning with both domestic and global trends. It will also integrate with surrounding developments such as the Mumbai Trans Harbour Link (Atal Setu), Navi Mumbai Metro lines, suburban railway expansions, ports, and highway projects.CIDCO, which has played a central role in planning Navi Mumbai since the 1970s, had acquired the Aerocity land alongside the airport’s construction. The consultant will also provide transaction advisory services for the proposed development.Real estate experts said the Aerocity offers an opportunity for planned development at scale, unlike historic growth patterns in Mumbai. Manohar Shroff, Senior Vice-President of CREDAI-MCHI Navi Mumbai, noted:“While several parts of Mumbai face waterlogging and congestion, Navi Mumbai has benefitted from planned infrastructure. Aerocity gives us a chance to develop a well-designed hub with hotels, hospitals, education, and housing in a structured way.”India currently has nine Aerocities either operational or under development, including those in Delhi, Hyderabad, Mohali, Durgapur, Jewar (Noida), Ayodhya, Devanahalli (Bengaluru), and now Navi Mumbai.First conceptualised in 1997 to decongest Mumbai Airport, NMIA is being developed by the Adani Group, which will also operate Mumbai’s Chhatrapati Shivaji Maharaj International Airport. With the airport’s inaugural flight expected later this year, interest in nearby properties has surged. Pilots and aviation professionals, especially those nearing retirement, are increasingly investing in plots and luxury villas near the Aerocity.Developers also highlight Navi Mumbai’s strategic location, almost equidistant from Mumbai and Pune, which is attracting buyers from western Pune who anticipate long-term gains from property appreciation around NMIA.

Technology

28 Oct 2025

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Infrastructure Transport

28 Oct 2025

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

Real Estate

28 Oct 2025

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..