New Bombay lies to the north east of Bombay and covers an area of 345 sq km. It has been developed as a planned city, a satellite link to Mumbai, to decongest it As of now the Navi Mumbai network comprises of six corridor commuter system, 30 state of the art railway stations, road transport and hovercraft services Navi Mumbai is connected to the Gateway of India by fast ferry & hovercraft services. Travel time is just 30 minutes from Belapur to South Bombay by ferry. Rail commuting time from Churchgate station in South Mumbai is 55 minutes to Vashi the gateway station to Navi Mumbai .The central business district is developed around a large lake in the central part of the city, while the residential areas are located along the four arms of the mass transport system. By road Navi Mumbai is connected to the rest of the country via the Panvel junction. What started as a parallel city is soon developing into an independent fully self contained metro city Beautifully landscaped with parks, gardens and promenades along waterfronts, Navi Mumbai has been planned and developed by CIDCO (City & Industrial Development Corporation) to meet the infrastructural needs of a modern metropolis.