India, March 10 -- The City and Industrial Development Corporation of Maharashtra (CIDCO) has invited bids to develop the International Corporate Park in Navi Mumbai's Kharghar, near Mumbai, spanning over 100 acres.

The CIDCO plans to develop a business hub on the lines of the Bandra Kurla Complex (BKC), India's costliest commercial district in Mumbai, for which it has a 155-hectare land bank in the Kharghar area of Navi Mumbai.

The corporate part will be designed to attract large corporations, financial institutions, commercial establishments and mixed-use developments in Navi Mumbai, which was conceived as a satellite city of Mumbai in the 1970s.

The International Corporate Park (ICP) is located within the heart of the Kharghar node,...