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The City and Industrial Development Corporation of Maharashtra (CIDCO) had announced an e-auction of 203 residential plots in Navi Mumbai. Out of this, 12 plots are in Kharghar, Kalamboli and New Panvel (E) under the first scheme; and 182 plots have been made available in Airoli, Ghansoli, Kharghar, Kalamboli and Panvel under the second scheme. Here is everything you need to know about the e-auction in Navi Mumbai.
CIDCO MM Scheme 13, 2021-22
CIDCO held the e-auction for lease of 182 residential plots in Navi Mumbai in the nodes of Airoli, Ghansoli, Nerul, Kharghar, Kalamboli and New Panvel, on July 30, 2021. According to CIDCO, on completion of the auction, there would be a comparison between the highest auction bid amount and the highest closed bid amount and a successful bidder would be announced on the basis of whatever amount is greater.
Check the e-auction results of MM/SCH-13/2021-22 on https://eauction.cidcoindia.com/eAuction/wicket/bookmarkable/com.probity.tender.app.page.AuctionPDFViewerPage?1
In the auction, plot no 65 is under Airoli scheme, plot no E139 33-34, plot no 58A and plot no 58 is under Kharghar scheme and plot no B/42B is under the New Panvel scheme. All the plots have been auctioned for residential use.
Mentioned below are the Google locations of the plots in MM Scheme 13, 2021-22 that were on auction.
Source: CIDCO e-auction booklet
According to the terms and conditions of the CIDCO auction, if any plot has received less than three bids, the final decision would lie with the CIDCO corporation and the bidders would have to abide by those rules. While they could choose to accept or deny the offer, the earnest money deposit (EMD) amount taken would not be refunded to these bidders until the final decision is taken.
Owing to the government restrictions in the wake of the Coronavirus pandemic, bidders were not allowed to attend the tender opening process for the Scheme MM/SCH-13/2021-22.
For any queries you can contact:
Manager Marketing CIDCO Ltd.,
3rd Floor, Raigad Bhavan,
CBD Belapur, Navi Mumbai -400614.
e-mail id: firstname.lastname@example.org
CIDCO MM Scheme 14, 2021-22
Under the MM Scheme 14, 2021-22, bidding for the e-tender-cum-e-auction for the lease of six residential and residential-cum-commercial plots at Nerul started online on July 9, 2021. CIDCO has extended the last date for EMD payment to August 3, 2021, 5 pm. Bidding submission of e-tenders closed on August 4, 2021. The e-auction for MM Scheme 14 was held on August 5, 2021 from 11 am to 5 pm, with the results being published on August 6, 2021 at 3 pm.
Check the e-auction results for MM/SCH-14/2021-22 scheme on https://eauction.cidcoindia.com/eAuction/wicket/bookmarkable/com.probity.tender.app.page.AuctionPDFViewerPage?19.
Mentioned below are the Google locations of the plots in MM Scheme 14, 2021-22 that were on auction:
Source: CIDCO e-auction booklet
CIDCO e-auction: Important dates
|July 9, 2021||Online registration begins.|
|July 28, 2021||Online registration ends for MM Scheme 14, 2021-22 and MM Scheme 13, 2021-22 and last day to pay the earnest money deposit and processing fee.|
|July 29, 2021||Closed bid submission.|
|July 30, 2021||E-auction for MM Scheme 14, 2021-22 and MM Scheme 13, 2021-22 to take place.|
|July 31, 2021||Results to be published.|
Eligibility to apply for CIDCO plots
- Any individual competent under the Indian Contract Act, 1872.
- Any company incorporated under the Indian Companies Act, 1956.
- Any partnership firm that is registered under the Indian Partnership Act, 1932.
- Any limited liability partnership.
- Any public trust registered under the Public Trust Act, 1950.
- Any cooperative society that is registered under the Maharashtra Cooperative Societies Act, 1960.
CIDCO e-auction: Plot details
|Area||Number of plots||Offset price (per sq metre)|
|Airoli||5||Rs 1 lakh|
|Ghansoli||19||Rs 1 lakh|
|Kharghar||22||Rs 1 lakh|
|Nerul||1||Rs 1.2 lakhs|
|New Panvel||45||Rs 70,000|
The plots will have an FSI of 1.1. The applicants would need to submit the earnest money deposit, which is 10% of the offset price.
How to apply for CIDCO e-auction
Step 1: Visit the CIDCO E-Auction platform and register, by clicking on ‘Bidder Registration’. For this, you need to mention your name, address, contact details, PAN number, Aadhaar number and bank account number with the IFSC code.
Step 2: Login with your user details and verify your contact details through OTP.
Step 3: Once logged in, you will be able to see live auctions. Select any live tender from the dashboard.
Source: CIDCO e-auction portal
Step 4: Now, pay the processing fee of Rs 1,000 and the applicable GST, along with EMD amount through online mode.
Step 5: Submit the closed bid (e-tender). A closed bid means the best price or offer amount offered by the bidder, in advance. The bidder needs to participate in the e-auction. However, if the bidder does not participate in the e-auction, the closed bid (e-tender) will be considered as the final offer.
Step 6: The e-auction will be conducted as per the scheduled time. During the e-auction every bidder can bid in multiples of Rs 1,000 per sq metre only.
Step 7: After completion of the process, the highest e-auction bid amount will be declared as the successful bidder.
Also read all about CIDCO Lottery 2021
Refund of EMD
Once the process of e-auction is completed and approved by the authority, the EMD amount received from bidders other than the highest bidder will be refunded to the bank details provided by the bidder during registration. In case the number of bidders is less than three, the EMD refund may take extra time in such a situation.
Important things to know
- The successful bidder must take possession of the plot within 30 days after completing all payments.
- The bid offered by the bidder will not include other cost components, such as GST, municipal taxes, insurance premium, stamp duty and registration charges, lease rent, security deposit for any infrastructural facility, water distribution or betterment charges.
- The user will not be allowed to change the use of the plot.
- The responsibility of getting clearances or no-objection certificates from various agencies, for any type of construction, rests with the allottee.
- The bidder cannot withdraw the bid for three months from the date of receipt of offer by the Corporation. If withdrawn, the EMD amount will be forfeited.
When will be the CIDCO MM Scheme 14, 2021-22 auction results be published?
The e-auction results for MM Scheme 14 will be published on August 6, 2021 at 3 pm.
What is closed bid?
The bidder can submit a closed bid which will be considered his final bid if he does not attend the e-auction. The closed bid remains secret to other bidders.
(With inputs from Anuradha Ramamirtham)