Infrastructure
The City and Industrial Development Corporation of Maharashtra Limited (CIDCO) was specially set up by the Government of Maharashtra as its fully owned company to plan and develop the new metro centre i.e. Navi Mumbai across the Mumbai harbor over a sprawling area of about 344 sq. kms.
CIDCO's Navi Mumbai project, conceived more than 20 years ago, is indeed the largest new city project ever undertaken in the world. A strategically located, environment friendly alternative to the severely congested metropolis of Mumbai, it is a totally new 344 sq. km. fully planned modern metropolis, with an infrastructure designed to cope with the growing needs of life and commerce in the 21st century.
With Rs 40,000 million (US $ 1140 million) worth of basic infrastructure already in place, Navi Mumbai is ready, willing and able to absorb the imminent, large scale shift of population, business, commerce and non pollutant industry from Mumbai and elsewhere.
Poised to become the most sought after address for corporate India, Navi Mumbai is well balanced and beautifully landscaped, and has been conceived as 14 self-contained nodal settlements with the Central Business District (CBD) at the heart of the metropolis. It has been planned so as to avoid all the problems of urban congestion, nearly half of the total township area has been reserved for green spaces, making Navi Mumbai one of the greenest and healthiest places to live in the world.
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