The City and Industrial Development Corporation (CIDCO) on Wednesday said that it will develop seven nodes under the South region of Navi Mumbai by 2019 with an investment of approximately Rs 35,000 crores. The town-planning authority under its ‘Smart City Mission’ will develop seven nodes including Panvel, Kharghar, Ulwe, Dronagiri, Kalamboli, Kamothe and a Greenfield project Pushpak Nagar.

Over 8.7 lakh jobs are expected to be generated due to investment of close to Rs 50,000 crores in several infrastructure projects in the city including the Navi Mumbai Airport, JNPT expansion, metro, affordable housing, Navi Mumbai Airport Influence notified area (NAINA) project and national highway expansions. The projects will cover an area spread over 12,000 hectares.