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City and Industrial Development Corporation (Cidco)

Cidco opens plots in Navi Mumbai for schools for PAPs

Cidco opens plots in Navi Mumbai for schools for PAPs
The parents and students have been given a reason to cheer as the City and Industrial Development Corporation (Cidco) will be providing 15 plots for the news schools in the first phase. The schools will having classes from the primary level to Std X and Std XII. The provisions have been made for the schools [...] Continue Reading »

Mumbai: Navi Mumbai Metro project’s deadline extended to 2017

Mumbai: Navi Mumbai Metro project’s deadline extended to 2017
The deadline for the Navi Mumbai Metro project has been extended by the implementing body, Cidco. While the original deadline for the completion of the first phase of the ambitious 23.4-km Belapur CBD to Khandeshwar Metro project in Navi Mumbai was 2014, the Metro is now likely to become operational only by 2017. The first [...] Continue Reading »

Special Economic Zones owes the government agency a total of Rs. 237 crore

Special Economic Zones owes the government agency a total of Rs. 237 crore
CIDCO which is currently run by the state was declared unsuccessful in the matter of collecting dues which cost a total of Rupees 237 crore. This starts from the Navi Mumbai Special Economic Zone which was developed by a consortium controlled by an industrialist named Mukhesh Ambani. They are all among the findings of the [...] Continue Reading »

Airport land deal to be gained over by the villagers

Airport land deal to be gained over by the villagers
The resolution of the new government which outlines the recent model of compensation as well as the positive response of the villagers lately has been decided to give a fillip to the City and Industrial Development Corporation, also known as CIDCO’s land transfer process for the international airport project which costs a lot of money. [...] Continue Reading »

CIDCO indicates that Phase-1 of Navi Mumbai airport will be ready by December 2018

CIDCO indicates that Phase-1 of Navi Mumbai airport will be ready by December 2018
In an apparent indication that the first phase of the Navi Mumbai international airport will likely be ready be December 2018, the City and Industrial development Corporation (CIDCO) of Maharashtra has set out on a Rs 20,000-crore infrastructure development for the nodes it is managing in Navi Mumbai. In a recent a communiqué to various [...] Continue Reading »

CIDCO fast tracks Navi Mumbai airport project

CIDCO fast tracks Navi Mumbai airport project
With an aim to fast-track the work on much-hyped Navi Mumbai International Airport (NMIA) project, the City and Industrial Development Corporation (CIDCO) recently laid the foundation stone for the development of Pushpak Nagar (Dapoli). Spread across 220 ha, the area enjoys proximity to the airport with the NH-4B cutting across the landmass. Construction work is [...] Continue Reading »

Tata Realty and Infrastructure may join hands for Navi Mumbai airport project bid

Tata Realty and Infrastructure may join hands for Navi Mumbai airport project bid
A potential joint venture is being worked out by Tata Realty and Infrastructure and Ferrovial SA of Spain to bid jointly for Mumbai’s second airport project — the Navi Mumbai airport. Tata Realty and Infrastructure’s intentions of bidding for the Navi Mumbai Airport project – most likely in collaboration with Ferrovial – marks the company’s [...] Continue Reading »

Mumbai realty fluctuating!

Mumbai realty fluctuating!
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 »

Cidco fails to fetch a good land deal!

Cidco fails to fetch a good land deal!
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 »

Cidco receives highest price on its plots

Cidco receives highest price on its plots
The City and Industrial Development Corporation (Cidco) will be selling 10 prime plots at Nerul. This land is receiving unbelievable high prices and therefore Cidco has decided to sell this plot in Navi Mumbai. At present Cidco officials have open the bid for 10 plots that are located near Ghansoli, Kharghar and Panvel. These plots [...] Continue Reading »



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