Project Launch
Prestige Group eyes ₹2,500 cr mega logistics and residential hub in Khalapur; launch expected 2026
Prestige Group has announced a ₹2,500 crore investment to develop a mega logistics and industrial centre on 250 acres in Khalapur, Navi Mumbai, as part of a broader ₹12,500 crore strategic pact with the Maharashtra government. The mixed-use township will combine residential, commercial, and logistics facilities, with construction expected to commence in 2026.
| Developer | Prestige Group |
|---|---|
| Location | Khalapur, Navi Mumbai (Raigad district) |
| Total Land Area | 250 acres |
| Investment Outlay | ₹2,500 crore |
| Product Mix | Apartments, villas, residential plots, commercial and logistics facilities |
| Project Status | Pre-launch; construction expected to commence 2026 |
| Expected Employment | 2,500 direct jobs |
| RERA Registration | Not yet registered (pre-launch stage) |
| Price Band | To be announced after RERA registration |
| Possession Timeline | To be announced after approvals and RERA registration |
About the Project
The project will develop a mega logistics and industrial center along with residential, commercial, and allied facilities on 250 acres in Khalapur. The development offers a mix of apartments, villas and residential plots, thoughtfully planned to meet the lifestyle needs of families, professionals and NRIs.
Prestige's ₹12,500 crore Maharashtra strategic investment deal includes the Khalapur project, with developments expected to commence in 2026. Over ₹2,500 crore will be invested in the mega logistics and industrial park in Khalapur, which is likely to generate 2,500 employment.
Location & Connectivity
Khalapur is located in the Raigad district, just outside Mumbai, and the area is conveniently connected to both Navi Mumbai and Pune via the Mumbai-Pune Expressway. Khalapur has great access to transportation hubs like the new Navi Mumbai International Airport and the Jawaharlal Nehru Port Trust (JNPT), both of which are just around 51 km distant.
Navi Mumbai, a fully planned 334 km² city, is emerging as an IT and educational hub thanks to robust social and transport infrastructure. Large investments and projects such as Navi Mumbai International Airport, Mumbai Trans-Harbour Link, and metro expansions are accelerating connectivity and employment prospects.
Current Status & Launch Timeline
The project is currently in its pre launch stage and the official possession timeline will be announced soon after approvals and RERA registration are finalized. Construction is expected to commence in 2026.
Pricing details and specific apartment/villa configurations have not yet been disclosed. The pricing for Prestige Khalapur is expected to be attractive and competitive, with apartments starting at a reasonable range. Detailed pricing and payment plans will be shared during the pre launch phase.
Regional Development Context
Khalapur is the administrative headquarters of Khalapur taluka in Raigad district, Maharashtra, and a designated growth centre in the NAINA (Navi Mumbai Airport Influence Notified Area). The area is adjacent to the Khopoli Industrial Area, which is all set to become a major steel centre in the coming years. Because of this, many industries would see a boost in employment and economic activity.
Recent Memorandums of Understanding (MoUs) signed by CIDCO with 11 developers represent a potential investment of almost Rs 29,000 crore in township developments in NAINA. Opportunities for commerce and investment are anticipated to multiply as a result.
Development phases
Frequently asked questions
What is the project status of Prestige Khalapur?
The project is in pre-launch stage. Construction is expected to commence in 2026 pending completion of regulatory approvals and RERA registration.
What products will be available in the project?
The township will include apartments, villas, residential plots, along with commercial and logistics facilities spread across 250 acres.
When will pricing and possession details be available?
Detailed pricing, payment plans, and possession timelines will be announced during the pre-launch phase after RERA registration is finalized.
Why is Khalapur a strategic location for this project?
Khalapur is well-connected via the Mumbai-Pune Expressway and is approximately 51 km from Navi Mumbai International Airport and JNPT. It is also designated as a growth centre in the NAINA region with significant infrastructure investment planned.
How much investment is Prestige committing to the Khalapur project?
Prestige will invest ₹2,500 crore in the Khalapur mega logistics and industrial development, part of a larger ₹12,500 crore strategic investment package with Maharashtra.
How many jobs is the project expected to create?
The project is projected to generate 2,500 direct employment opportunities.