Navi Mumbai, across the Mumbai harbor over a sprawling area of 344 sq. km. is fully planned modern metropolis designed to cope with the growing needs of life and commerce in the 21st century. It is the satellite twin city of Mumbai developed by City and Industrial Development Corporation (CIDCO) and is the largest planned city in the world. It was a project developed to ease the congestion caused by Mumbai's rising population owing to the city's increasing industrial and commercial strength. Navi Mumbai has become the new economic destination for real estate agents in India, favoring its strategic location, environment friendly alternative to the erstwhile congested Mumbai city and its better infrastructure.

CIDCO has developed high-quality infrastructure facilities in the Navi Mumbai area including housing complexes, industrial infrastructure, business districts, road & railway linkages, educational and recreational facilities, etc. Navi Mumbai has in the recent times become one of the most sought after address for corporate India. This booming new satellite city has already become the base of reputed Indian and multinational corporates like L&T, Siemens, SAIL, Hindustan Lever, Great Eastern and a host of financial institutions including the Reserve Bank of India, UTI and IDBI. This has led to increasing employment opportunities have helped the next generation of Mumbai residents to relocate to Navi Mumbai. A survey done by the Tata Institute of Social Sciences in 2000 revealed that 43 per cent of the families currently settled in Navi Mumbai migrated from Mumbai and the percentage in rise has increased manifold. Moreover, Navi Mumbai being awarded as a Special Economic Zone (SEZ) is also responsible for making Navi Mumbai and its suburbs experience major economic development.

The Navi Mumbai Special Economic Zone (NMSEZ) and the International Airport, two ambitious projects on the anvil, are definitely the determining factors in making Navi Mumbai an economic powerhouse. Moreover, world-class urban infrastructure, including state-of-the-art transportation facilities and reliable system for adequate power and water supply are responsible in making Navi Mumbai a prime land for property investments in India and the demands for Mumbai Properties are increasing which is evident from the skyrocketing realty prices.

Navi Mumbai is well-planned, balanced and beautifully landscaped city conceived as 14 self-contained nodal settlements with the Central Business District (CBD) in Belapur at the heart of the metropolis. With Rs 40,000 million worth of basic infrastructure already in place, Navi Mumbai lodged with the capacity to absorb the imminent, large scale shift of population, business, commerce and non pollutant industry from Mumbai and elsewhere thereby making Navi Mumbai one of the greenest and healthiest places to live in the world.