Cidco: Role, importance and projects

Navi Mumbai was planned as an urban township to decongest the financial city of India, Mumbai, which was already overburdened due to migration.

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City and Industrial Development Corporation of Maharashtra Limited is the Cidco full form. It was established in 1970.

To develop this new township, a new public sector undertaking was established-the City and Industrial Development Corporation of Maharashtra Limited which is the CIDCO full form. CIDCO took the responsibility of town planning and development in the new area and founded Navi Mumbai as New Bombay.

Cidco: Meaning and importance

Cidco information points that Cidco is responsible for catering to the growing population of the Greater Bombay area and to attract them to settle in Navi Mumbai, by developing housing options and suitable infrastructure.
Cidco was planned to ease the congestion and burden on Mumbai’s physical infrastructure and assimilate the growing demand and need in Navi Mumbai, by providing alternatives.
Cidco is also responsible for providing physical and social services for people based in Navi Mumbai, offering them a quality standard of living and reducing disparities in the amenities available to different sections of the society.
Cidco is also bound to provide quality urban living with a healthy environment, which has no social or communal tensions.
Cidco has to facilitate infrastructure for industrial development that could provide employment and job opportunities to the population in the area.

See also: Everything about CIDCO Nivara Kendra

Major projects by Cidco

Navi Mumbai Airport

The Navi Mumbai International Airport (NMIA) is the upcoming airport in the city and will be the second in the Mumbai Metropolitan Region (MMR). The NMIA is expected to start operations by December 2024. The new airport has been planned to reduce the burden on Mumbai International Airport, which is expected to see 100 million air passenger traffic by 2034. The second airport was mooted, to cater to growing air traffic and also to accelerate the economic development in the region.

Navi Mumbai Metro

The Navi Mumbai Metro Line-1 from Belapur to Pendhar opened on November 17, 2023. After the implementation of Line 1 of Navi Mumbai Metro , CIDCO plans to implement Metro Neo 2.0 in Navi Mumbai Metro Line 2, Line 3 and Line 4.

Cidco along with MMRDA are also working on Mumbai Metro Line 8 also known as the Gold Line that will connect Chhatrapati Shivaji Maharaj International Airport (CSMIA) and NMIA. This will be the first mass rapid transit system connecting Navi Mumbai and Mumbai. While MMRDA will develop the route from CSMIA to Mankhurd, the route from Mankhurd to NMIA will be developed by Cidco.

Development of NAINA

The Navi Mumbai Airport Influence Notified Area is a proposed region in Raigad district, to be planned by CIDCO for urban and industrial development. This area will cover 170 villages and will have a number of small cities, which will cater to the growing industry of agro-farming, education, trade and IT.

Check out price trends in Navi Mumbai

Industrial and IT parks

Cidco has developed a number of economic hubs in the region that attract companies from across the world to set up their warehouses, corporate offices and industrial units in the area. The International Technology Centre in Belapur, the Kharghar Corporate Park, the International Infotech Park and many more, are examples.

Cidco Water taxi

Cidco launched the CIDCO Water taxi in Februry 2022, that ferries between Nerul and the Gateway of India.

Cidco Lottery

Every year, Cidco comes out with a housing lottery, to provide affordable homes to interested applicants. The Cidco housing lottery also allots homes under the Pradhan Mantri Awas Yojana (PMAY) in LIG, MIG and EWS categories. A number of housing options were allotted earlier under the PMAY in Kharghar and Dronagiri. New schemes will be announced soon to allot homes under the PMAY.

Cidco in January 2024 announced Cidco Mass Housing Lottery under which 3,322 units will be given. The lucky draw will be held on May 8. The units will be made available in Taloja and Dronagiri.

Also read all about the CIDCO Lottery 2021 Mumbai

Upcoming projects by Cidco

Mumbai Trans-Harbour Link Road

The proposed Mumbai Trans-Harbour Link (MTHL) was planned with an aim to decongest and improve connectivity between Mumbai and Navi Mumbai. The link road will be a 22-km-long, six-lane bridge with a 16.5-km-long sea bridge and 5.5-km-long viaduct on land on either side. The MTHL is expected to start operations by November 2023.

Check out properties for sale in Navi Mumbai

Navi Mumbai Coastal Road

In order to facilitate smooth connectivity between Jawaharlal Nehru Port and other areas of Navi Mumbai and Mumbai, an approximately 8.3-km-long coastal road has been planned between Navghar and Chanje. It will have six lanes and on both ends there will be connecting paved roads as exits. The route is expected to see heavy traffic, as most of this will be container movement.

Navi Mumbai SEZ

Spread over an area of 2,140 hectare, the proposed Navi Mumbai Special Economic Zone (NMSEZ) is spread across three nodes of Navi Mumbai: Dronagiri, Ulwe and Kalamboli. The project is expected to generate employment for more than five lakh people and attract an investment of about Rs 25,000 crore.

E-auction of plots

Any individual, partnership firm, public trust and cooperative society competent under the Indian Contract Act, 1872 can apply for Cidco tender plot through Cidco auction

Kharghar-Turbhe Link Road (KTLR) project

Cidco has been assigned the construction of the Kharghar-Turbhe Link Road (KTLR) project. The project is expected to be around Rs 2,195 crore. It is estimated to be completed in three years.

Once operational, the KTLR will reduce travel time by about 30 minutes for motorists from Mumbai, Thane and Navi Mumbai.

As part of the KTLR project, a tunnel will be constructed through the hill separating the two nodes. Maharashtra State Road Development Corporation (MSRDC) has prepared the Detailed Project Report (DPR) for this project.

FAQs

Who can apply for Cidco lottery?

People with a domicile certificate of Maharashtra can apply for CIDCO Lottery.

How much do you pay for Cidco lottery?

For the EWS category, the application amount is Rs 5,000. For LIG and other categories, the registration amount is Rs 25,000 onwards.

When was Cidco established?

The City and Industrial Development Corporation of Maharashtra (Cidco) was established in March 1970.

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Anuradha Ramamirtham

With 16+ years of experience in various sectors, of which more than ten years in real estate, Anuradha Ramamirtham excels in tracking property trends and simplifying housing-related topics such as Rera, housing lottery, etc. Her diverse background includes roles at Times Property, Tech Target India, Indiantelevision.com and ITNation. Anuradha holds a PG Diploma degree in Journalism from KC College and has done BSc (IT) from SIES. In her leisure time, she enjoys singing and travelling.
Email: [email protected]