Amanthin Info Parks Private Limited and Maharashtra Industrial Development Corporation (MIDC) Navi Mumbai have leased 3.81 lakh sqft of data centre space for 28 years to Raiden Infotech India Private Limited, a Google company, … READ FULL STORY
CIDCO on January 11, 2023, said it will not levy service charges from nodes that are under Panvel Municipal Corporation’s (PMC) jurisdiction from November 1, 2022. CIDCO generated the final bill for recovery of … READ FULL STORY
CIDCO calls off tender process of Seawoods tender plot 2A Owing to receiving bidding offer ‘far below’ the prevailing market rate for the under litigation Seawoods tender plot 2A, CIDCO has called off the … READ FULL STORY
The Navi Mumbai metro rail Line-1 carried trial operations from Central Park (station 7) to Belapur (station 1) on December 30, 2022. With the trial of the 5.96-km stretch, the Rs 3,400 crore Navi … READ FULL STORY
The Maharashtra government is reviving the long-delayed 127-km Alibaug-Virar multi-modal corridor project that will pass through Raigad, Thane and Palghar. According to a report in Indian Express, Maharashtra State Road Development Corporation (MSRDC) is in … READ FULL STORY
CIDCO successfully completed the trial run of the Navi Mumbai Metro from Central Park (station 7) to Utsav Chowk (Station 4) on December 9, 2022. Sanjay Mukherjee, vice-chairman and managing director, CIDCO, tweeted, “With … READ FULL STORY
Blackstone Group-owned Nexus Malls on November 17, 2022, filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) to launch India’s first public issue of retail REIT to … READ FULL STORY
In a move to streamline real estate processes in Navi Mumbai, the Maharashtra government has formed an expert four-member committee. With members from real estate bodies such as CIDCO and CREDAI-MCHI-BANM, the committee will take … READ FULL STORY
The development of the Panvel-Karjat suburban corridor is in full progress and is likely to be completed by March 2025. As per officials from the Mumbai Rail Vikas Corporation (MRVC), the construction of a … READ FULL STORY
CIDCO has asked permission from the state government for development of the 106-hectare residential cum commercial township on the Kharghar Hill Plateau, Navi Mumbai, mentions a HT report. To be built at an approximate … READ FULL STORY
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
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
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
