CIDCO
Finally, the metro plan of Navi Mumbai sees the light of the day! City and Industrial Development Corporation (Cidco) is likely to start the bidding process soon for the project. The awarding of bids would include for rolling stock and systems for Navi Mumbai’s first metro rail corridor – Belapur–Kharghar–Taloja–Pendhar. A meeting was held recently [...] Continue Reading »
With the increasing environmental damage and encroachment on the Belapur Hill, the locals have demanded action against the same. Belapur Hill located in CBD Sector 8B is a forest area which has been saved by the local residents many a times. Several attempts have been taken to save the green area. Chipko Movement was one [...] Continue Reading »
Good news awaiting for buyers of properties in Navi Mumbai! With the delay in new airport, the rates of properties around Navi Mumbai are going to be further down as per reports. The prices of properties in Navi Mumbai have been on a seesaw the time the airport proposal was announced. However, the buyers can [...] Continue Reading »
Nashik- Citizens of some areas like Chetna Nagar, CIDCO, Rana Pratap Chowk, Rajeev nagar and Rane Nagar are facing difficulty in catching buses as thay have to struggle to cross the new flyover in the absence of foot-over bridge. The situation has worsen as the bus drivers take the flyover instead of the service road. While the [...] Continue Reading »
Investors are gradually taking more interest in property developments in Navi Mumbai and Thane. Property consultant CBRE states that the investor’s interest is high in these areas as proposed projects of international airport and other infrastructural developments are coming up. The ever escalating prices in Mumbai and its suburbs is another reason behind the growing [...] Continue Reading »
Knight Frank’s latest report focuses on uncovering the relationship between the developer and the suppliers of factor inputs such as Land and Construction costs. Land is the most significant input for property development. Analysis of land allotment policy of some of the major land aggregators provides interesting insights: City and Industrial Development Corporation (CIDCO) follows [...] Continue Reading »
Residents of Green Heritage project in Mumbai are planning to move to Supreme Court to save their property which stands illegal. After buying the property, the residents alleged that they have become victims of the violations done by the builder. Earlier, High Court had already passed a verdict for demolition of the property which they [...] Continue Reading »
As the real estate development and industrialization has reached to its saturation level in Mumbai and Pune, the industrial development in Nashik has started to speed up. The housing schemes of the Cidco (City and Industrial Development Corporation) of Maharashtra and the Maharashtra Housing and Area Development Authority (MHADA) also helps in the growth of [...] Continue Reading »
The land rates in Mumbai has witnessed a sharp downfall! The significant price fall in flat and apartment rates has therefore resulted in the decline of land rates in the city. Real estate experts say that the flats in Mumbai are sold for moderate rates when compared to previous year! This has been considered as [...] Continue Reading »
The plots at Ghansoli Mumbai recently was sold for reasonable rates wherein, City and Industrial Development Corporation (Cidco) failed to fetch these lands a good deal! However, Cidco officials say that corporation had opened bids for Ghansoli plots wherein six plots earned around Rs112 crore. The continuous slow down in realty market resulted in these [...] Continue Reading »
