42 Acre Freehold Land — JV / Strategic Co-Investment Opportunity, Upper Kharghar, Navi Mumbai
Upper Kharghar, Navi Mumbai
Key facts
Document status
Statuses are set per listing by our legal team. Verify MahaRERA numbers at maharera.maharashtra.gov.in.
Location & connectivity
Exact location and access details are shared on the site visit.
About this parcel
STRATEGIC CO-INVESTMENT CUM JOINT VENTURE OPPORTUNITY PRIME 42 ACRE FREEHOLD LAND PARCEL | UPPER KHARGHAR, NAVI MUMBAI Opportunity for Builders, Developers, HNWIs, UHNWIs, Family Offices, NRIs, Corporates, AIFs, Investment Managers, Fund Managers and Wealth Managers. A rare large-format land opportunity positioned at Upper Kharghar, Navi Mumbai, beyond Kharghar Sector 30 and extending towards Taloja Phase 2 and the foothills. The approximately 42 acre freehold land parcel falls under Panvel Municipal Corporation and offers exceptional connectivity with approximately 60 metre frontage on NH-48, supported by additional DP road frontages. PROPERTY HIGHLIGHTS - Land Area: Approximately 42 Acres - Approx. Land Area: 18.30 lakh sq. ft. - Location: Upper Kharghar, Navi Mumbai - Jurisdiction: Panvel Municipal Corporation - NH-48 Frontage: Approximately 60 metres - Additional DP Road Frontages: Approximately 35 metres, 24 metres and 18 metres - Road Access: Four-sided road access - Indicative Zone: R / C, subject to verification - Indicative Development Mix: 70% Residential / 30% Commercial WHY THIS OPPORTUNITY 1. Strategic NH-48 Frontage Approximately 60 metre direct frontage on NH-48 provides high visibility, accessibility and strong positioning for a large-format development. 2. Four-Sided Road Connectivity The parcel benefits from multiple road frontages: 60 m NH-48, 35 m DP Road, 24 m DP Road, 18 m DP Road. This provides flexibility for access planning, internal circulation, multiple development precincts and phased execution. 3. Kharghar–Taloja Growth Corridor The property is strategically positioned in the Upper Kharghar growth belt, beyond Sector 30 and towards Taloja Phase 2 and the foothills, within Panvel Municipal Corporation limits. 4. Large-Format Development Potential At approximately 42 acres, the parcel provides sufficient scale for a planned mixed-use development, subject to zoning, statutory deductions, approvals and final development permissions. 5. Residential + Commercial Potential An indicative development structure of approximately 70% residential and 30% commercial can be evaluated, subject to planning and regulatory approvals. INDICATIVE DEVELOPMENT FRAMEWORK Based on the preliminary information provided, the applicable FSI potential requires detailed verification against the sanctioned Development Plan, Regional Plan, zoning, road widths, net plot area, statutory deductions, TDR availability and applicable UDCPR provisions. Indicative Base Case: - Primary FSI Area: Approximately 54.89 lakh sq. ft. - Illustrative Gross Development Area including ancillary potential: Approximately 91.11 lakh sq. ft. Residential — Primary FSI: Approximately 38.42 lakh sq. ft. | Gross Development Area: Approximately 61.47 lakh sq. ft. Commercial — Primary FSI: Approximately 16.47 lakh sq. ft. | Gross Development Area: Approximately 29.64 lakh sq. ft. Total Indicative Gross Development Area: Approximately 91.11 lakh sq. ft. These figures are preliminary and must be independently validated by the appointed architect, planning consultant and legal team. INDICATIVE GDV POTENTIAL Based on the assumptions provided in the preliminary teaser: Residential — Indicative sale rate assumption: ₹12,000 to ₹14,500 per sq. ft. | Indicative Residential GDV: ₹7,376 Crore to ₹8,913 Crore Commercial — Indicative sale rate assumption: ₹25,000 to ₹30,000 per sq. ft. | Indicative Commercial GDV: ₹7,410 Crore to ₹8,892 Crore Total Indicative GDV: ₹14,786 Crore to ₹17,805 Crore The above represents an illustrative gross sales value based on preliminary assumptions. It is not a valuation, guaranteed revenue or developer profit calculation. Construction costs, finance costs, land consideration, TDR, premiums, statutory charges, approvals, taxes, marketing costs and other project expenses are not deducted from these figures. POTENTIAL UPSIDE The preliminary teaser identifies potential additional commercial FSI considerations under applicable UDCPR provisions, subject to eligibility, road width, zoning, premium payments, subdivision/layout and competent-authority approvals. The property's substantial road frontage may warrant a detailed planning study to evaluate the maximum permissible development potential. Any enhanced FSI or commercial development potential should be considered only after independent technical and regulatory verification. TRANSACTION STRUCTURE Option 1 — Joint Venture Indicative Non-Refundable Deposit: ₹275 Crore Landowner's Indicative Share: 45% The proposed structure contemplates the landowner receiving a share in fully developed, constructed and marketable residential and commercial properties, subject to mutually agreed JV terms, project structure and definitive documentation. The final commercial structure can be negotiated based on development strategy, funding, construction responsibility, timelines and project economics. Option 2 — Strategic / Co-Investment Indicative Total Strategic / Co-Investment: ₹1,675 Crore Indicative funding schedule — Year 1: ₹775 Crore in two tranches | Year 2: ₹750 Crore | Year 3: ₹150 Crore The investment structure, deployment schedule, return expectations, security structure and commercial terms may be customized based on the investor/developer profile and mutually agreed transaction framework. IDEAL PARTNERS This opportunity is particularly relevant for: Large Real Estate Developers, Integrated Township Developers, Mixed-Use Development Companies, Institutional Investors, Family Offices, UHNWIs and HNWIs, NRIs, AIFs, Private Equity / Real Estate Investment Platforms, Fund Managers, Investment Managers, Wealth Managers, Strategic Co-Investors, Corporate Investors. DUE DILIGENCE Before proceeding with any transaction, interested parties should independently verify: Title and ownership documents; 7/12 extracts and mutation records; Encumbrances and litigation; Zoning and sanctioned DP/RP status; Exact net developable area; DP road deductions and reservations; Road widening requirements; Applicable FSI and ancillary provisions; TDR availability and premium requirements; CRZ, environmental and other applicable restrictions, if any; Development permissions; Access and infrastructure; Existing structures, if any; Tax and statutory liabilities; Development feasibility; Financial viability and project-level returns. IMPORTANT DISCLAIMER This opportunity is being presented as a preliminary indicative investment and development opportunity for discussion purposes only. All land area, FSI, development potential, GDV, sale-rate assumptions, zoning references and commercial structures mentioned above are indicative and subject to independent legal, technical, financial and regulatory due diligence. No development entitlement, FSI, GDV, approval or financial return is guaranteed. Final transaction terms will be subject to satisfactory due diligence, negotiations between the parties, applicable approvals and execution of definitive legal documentation. Builders, developers, investors and strategic partners interested in this opportunity can connect with PunePlotting for further details, documentation and discussion. PunePlotting — Land | Development | Investment | Joint Ventures
