Prestige Khalapur: An Address Along the Mumbai-Pune Growth Corridor
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Prestige Khalapur is an upcoming residential development by Prestige Group, positioned along the Mumbai-Pune Expressway in Khalapur, Raigad district. Prestige Group is an Indian real estate development company headquartered in Bangalore, founded by Razack Sattar in 1986, with residential and commercial developments across Bangalore, Chennai, Kochi, Calicut, Hyderabad, Mumbai, Mangalore, Goa and Delhi-NCR. The Khalapur address marks a further step in the group's expansion into the Mumbai Metropolitan Region's outer growth corridor.
Khalapur is located in the Raigad district just outside Mumbai, conveniently connected to both Navi Mumbai and Pune via the Mumbai-Pune Expressway. The locality has access to transportation hubs including the upcoming Navi Mumbai International Airport and the Jawaharlal Nehru Port Trust, both around 51 km away. Life at this address is shaped by that dual identity, a quiet expressway town with an expanding footprint of industrial, institutional and recreational infrastructure taking root around it.
Prestige Estates Projects Limited has shaped the skyline across the Residential, Commercial, Retail, Leisure and Hospitality sectors in South India, was awarded the Crisil DA1 Developer Rating in recognition of the quality of its projects and its ability to deliver on time, and has completed over 184 projects spanning a total developed area of over 60.74 million sqft. That scale and delivery discipline inform the group's approach as it extends its presence northward into Maharashtra.
Prestige and the Maharashtra government have signed a ₹12,500 crore strategic investment deal spanning a data centre, a global competency centre, and a logistics facility with residential and commercial properties, including a ₹2,500 crore logistics-cum-residential and commercial development at Khalapur, with the projects expected to commence in 2026. Recent memorandums of understanding signed by CIDCO with developers represent a potential investment of almost Rs 29,000 crore in township developments in NAINA. Khalapur's moment as an address is arriving alongside this broader wave of planned infrastructure and investment.
Prestige Khalapur represents an early opportunity to be part of this transition, an address from a group with a multi-decade development history, arriving at a location just beginning to come into its own along the Mumbai-Pune corridor.
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Off the Mumbai-Pune Expressway, near Khopoli, Maharashtra 410203 · Khalapur, Raigad · Khalapur
Khalapur sits astride the Mumbai-Pune Expressway in Raigad district, a stretch that has long served as the connecting artery between the two cities. 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. The locality is home to 141 villages, 56 of which are located inside the Navi Mumbai Airport Influence Notified Area (NAINA). This positioning has drawn the attention of both industrial planners and residential developers looking at the next ring of growth beyond Navi Mumbai.
Khalapur Smart City is an integrated township built by the City and Industrial Development Corporation of Maharashtra (CIDCO). Khalapur has access to transportation hubs like the new Navi Mumbai International Airport and the Jawaharlal Nehru Port Trust (JNPT), both around 51 km distant. For Prestige Khalapur, this translates into an address that is simultaneously close to established recreational and institutional infrastructure and positioned ahead of the region's next wave of connectivity upgrades.
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The upcoming airport is set to significantly improve air connectivity for the wider Khalapur-Panvel-Karjat belt, reinforcing the region's shift from a highway pit-stop to a residential and industrial destination.
A proposed bypass around the ghat section of the Mumbai-Pune Expressway between the Khalapur toll plaza and Kusgaon is expected to cut travel time between Mumbai and Pune by over twenty minutes.
CIDCO has structured a special purpose vehicle to develop an integrated township across the Khalapur belt, aligning planned infrastructure, roads and utilities with the Navi Mumbai Airport Influence Notified Area framework.
Prestige Group's ₹12,500 crore agreement with the Maharashtra government includes a logistics-cum-residential and commercial development at Khalapur, alongside a data centre at Taloja and a global competency centre in Navi Mumbai, with work expected to commence in 2026.
The established industrial area near Khopoli, part of Khalapur taluka, continues to draw manufacturing and logistics investment, supporting long-term employment demand and residential absorption in the surrounding corridor.
Prestige Khalapur sits directly off the Mumbai-Pune Expressway near the Khalapur toll plaza, giving residents daily access to both Navi Mumbai and Pune along one of Maharashtra's busiest and most established transit routes.
The Khalapur development is part of Prestige Group's broader ₹12,500 crore strategic investment agreement with the Maharashtra government, which also covers a data centre at Taloja and a global competency centre in Navi Mumbai, signalling long-term regional commitment.
Khalapur falls within reach of the upcoming Navi Mumbai International Airport and the Navi Mumbai Airport Influence Notified Area, positioning the address to benefit from the infrastructure upgrades planned around the new airport.
Prestige Group, founded in 1986 and headquartered in Bangalore, has completed over 184 projects spanning more than 60 million square feet, bringing established execution experience to its Khalapur address.
CIDCO's Khalapur Smart City initiative under the NAINA framework is structuring roads, utilities and township-level planning across the belt, giving early movers in the area the advantage of coordinated regional development.
The address is close to well-known destinations such as Imagicaa Theme Park and the Pillai HOC educational campus in Rasayani, giving residents access to recreation, healthcare and education without needing to travel far into the city.
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