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Tag: CIDCO

Home » CIDCO » Page 5

Legal
By Anuradha RamamirthamApril 14, 2023

CIDCO has right to auction plots in its possession; NMMC has no power to restrict: Bombay High Court

Bombay High Court (HC) has held that the City and Industrial Development Corporation (CIDCO) has the right to auction the land under its possession, mentioned a FPJ report.  According to the Bombay High Court, … READ FULL STORY

Property Trends
By Anuradha RamamirthamNovember 22, 2022

Maharashtra government plans 25 percent reservation for police in housing schemes

In a bid to solve, problem of police houses, the Maharashtra state government is designing a program. Under this plan for quick, medium and long-term housing, 25 percent of the houses offered under government … READ FULL STORY

Property Trends
By Anuradha RamamirthamMay 29, 2023

CIDCO constructs 12-storey building with 96 flats in 96 days

CIDCO under ‘Mission 96’ has constructed a 12-storey building with 96 flats in 96 days at Bamandongri, Navi Mumbai using advanced precast technology. Started on April 4, 2022, the construction of the 12-storey residential … READ FULL STORY

Property Trends
By Anuradha RamamirthamAugust 29, 2022

CIDCO casts 500 slabs in record 489 days

After the success of ‘Mission 96’, City and Industrial Development Corporation, has set another record by casting 500 slabs in a record 489 days in its Mass Housing Scheme project that falls under the … READ FULL STORY

Property Trends
By Anuradha RamamirthamDecember 18, 2022

AAI increases height limits to 48 floors in projects near Navi Mumbai Airport

Offering a major relief to both home buyers and developers, the Airport Authority of India (AAI) lifted the blanket restriction of 55.10 metres on realty projects within 20km radius from the new Navi Mumbai … READ FULL STORY

Property Trends
By Sijo SunnyFebruary 20, 2021

Unified DCPR: A win-win initiative for Maharashtra real estate

The Unified Development Control and Promotion Regulations (DCPR or DCR) for Maharashtra state, which came into effect in December 2020 and have injected much-needed positivity in the state’s real-estate sector, will also ensure systematic … READ FULL STORY

Locality Trends
By Vibha SinghNovember 28, 2020

Connectivity to play a key role in Dronagiri property market’s growth

Transportation and connectivity are two key factors home buyers consider while selecting a property. Consequently, areas well-connected to office hubs and market places, witness good demand. Dronagiri, in Navi Mumbai, is one such area … READ FULL STORY

Locality Trends
By Anuradha RamamirthamDecember 7, 2020

Panvel: Infrastructure developments to propel realty markets

Navi Mumbai was conceived as a satellite city to Mumbai. With reports of the city having a literacy rate of 98%, an average income of Rs 25,000 per month and 64% of the households … READ FULL STORY

Locality Trends
By Prashant BindalDecember 7, 2020

Property options for home buyers in Mumbai’s peripheral regions

The Mumbai Metropolitan Region (MMR) has witnessed considerable development over the past decade. It has several areas, which have witnessed a sea-change and have become extremely desirable locations to live in. Called the ‘city … READ FULL STORY

Taxation
By Balwant JainOctober 15, 2019

Maharashtra stamp duty amnesty scheme 2019: How does it work

Stamp duty is a state subject and is administered by the respective states. The government of Maharashtra, on March 1, 2019, announced an amnesty scheme with respect to the penalty that can be levied … READ FULL STORY

Current News
By PTIJune 12, 2019

Two CIDCO officials among three held for Rs 2.50 lakhs bribe

Three persons, including two officials of state-owned city planning agency CIDCO (City and Industrial Development Corporation of Maharashtra Ltd), have been arrested in a Rs 2.50-lakh bribery case, the Anti-Corruption Bureau (ACB) said, on … READ FULL STORY

Current News
By PTIFebruary 25, 2019

CIDCO to build a Rs 273-crore coastal road in Navi Mumbai

Navi Mumbai town planning authority, the City and Industrial Development Corporation (CIDCO), is planning to build a coastal road to connect Kharghar with Belapur, at an estimated cost of Rs 273 crores. The 9.5-km … READ FULL STORY

Current News
By PTIDecember 24, 2018

CIDCO houses, commercial plots to be converted from leasehold to freehold

Maharashtra chief minister Devendra Fadnavis, has announced conversion benefits for allotment of CIDCO houses and commercial plots, from leasehold to freehold, so that people can own their properties. The demand was made by public … READ FULL STORY

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