Navi Mumbai has emerged as a thriving Residential and Business hub over the years. Navi Mumbai is attracting national and international businesses with its strategic location, excellent infrastructure, and progressive development, In this article, we will provide you with a preview of the upcoming International Corporate Park in Kharghar and discuss how it will shape the future of business in Navi Mumbai.
Unveiling the International Corporate Park
The International Corporate Park in Kharghar is a flagship project that aims to establish Navi Mumbai as a global business destination. Spanning over 155 hectares, this state-of-the-art business park will offer a range of amenities and facilities to cater to the diverse needs of businesses.
Story Line:
CIDCO has launched several financial instruments in the past at various locations, leading to self-sustaining economic growth in Navi Mumbai. The proposed International Business Park in Kharghar is another step in the same direction.
Located in the heart of Navi Mumbai and adjacent to the Mumbai-Pune Expressway, Kharghar Node is spread across 1,850 acres and offers state-of-the-art facilities, city-wide recreational areas, and social infrastructure as one of the pillars of the SMART City initiative, CIDCO has decided to develop a strategically located “155-hectare” land in Kharghar as a business park. This is an important development for the future of Navi Mumbai.
source: Cidco_MasterPlan_CorporatePark
Project Objectives:
The main objective of this project is to enhance the city’s reputation and boost the economic opportunities in the surrounding area. By creating a centralized business hub within Navi Mumbai, individuals will no longer need to commute outside the city for employment. The project aims to attract top talent from the corporate world, including renowned professionals from the finance sector, to be part of the Corporate Park.
Corporate Park has planned world-class commercial and real estate development, a smart IT-based business environment, smart technology-enabled infrastructure, and a well-planned transportation network. With these broad objectives, CIDCO wants to ensure the services of a competent company in the field of urban planning and design.
SITE Details
The proposed corporate park is close to the upcoming NMIA (Navi Mumbai International Airport), social infrastructure like educational institutions, international schools, hospitals, and hotels, quality leisure facilities like Central Park, Kharghar Valley Golf Course, etc. The approximate distances of the site for Corporate Park to other significant landmarks are:
- CBD Belapur – 5 km.
- Proposed Special Economic Zone 3(SEZ 3) – 8 km.
- Proposed Navi Mumbai International Airport (NMIA) – 8 km.
- Jawaharlal Nehru Port Trust (JNPT) – 16 km.
- Proposed SEZ 1 and 2 – 20 km and 10 km.
- The Bandra Kurla Complex (BKC) – 22 km.
- Chhatrapati Shivaji International Airport (CSIA) – 23 km.
Strategic Location
Situated in Kharghar, one of the most rapidly developing nodes of Navi Mumbai, the International Corporate Park enjoys proximity to major Infrastructural Gateways and hubs. Its strategic location ensures easy accessibility and connectivity for businesses, making it an ideal choice for setting up operations.
source: Cidco_MasterPlan_CorporatePark
World-Class Infrastructure
The International Corporate Park is designed to offer world-class infrastructure to businesses. From modern office spaces equipped with the latest technology to high-speed internet connectivity, the park aims to provide a conducive environment for growth and productivity.
Abundance of Amenities
This upcoming business park will boast a large assortment of amenities, including food courts, fitness centers, conference facilities, and recreational areas. The park’s focus on providing a holistic work environment ensures that businesses can cater to their employees’ needs and enhance their overall experience.
source: Cidco_MasterPlan_CorporatePark
In the year 2018, “TOWNLAND” emerged victorious in the CIDCO international competition to construct the Kharghar Corporate Park, this accomplishment was achieved as part of a consortium. The realization of the master plan concept from TOWNLAND highlighted a focus on transit-oriented development, pedestrian movement, and the promotion of sustainability and outdoor recreation.
The Impact on Navi Mumbai’s Business Landscape
Economic Growth and Employment Opportunities
With the arrival of the International Corporate Park, Navi Mumbai is likely to witness a boost in its economic growth. The park will attract both domestic and international businesses, leading to job creation and increased investment opportunities. This will not only enhance the city’s revenue but also contribute to the overall development of the region. The International Corporate Park is set to create a multitude of employment opportunities for individuals in Navi Mumbai and the surrounding areas. With the influx of businesses, there will be a high demand for skilled professionals across various sectors.
Collaboration and Networking
The International Corporate Park will act as a catalyst for collaboration and networking among businesses. With multiple companies operating in the same vicinity, there will be ample opportunities for synergies, partnerships, and knowledge sharing. This collaborative environment will foster innovation and growth, benefitting the entire business community.
The upcoming International Corporate Park in Kharghar holds immense potential for shaping the future of business in Navi Mumbai. With its strategic location, world-class infrastructure, and abundance of amenities, the park will attract businesses, boost economic growth, and create employment opportunities.
