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Cidco offers 48 plots across Navi Mumbai on lease

The City and Industrial Development Corporation (Cidco) has launched a grand scheme for leasing 48 plots in various nodes of Navi Mumbai for the construction of homes, bungalows, residential-cum-commercial complexes, service industries, and star hotels.

In addition, 218 shops in various Cidco housing complexes are also on offer. While the online registration for the scheme for the sale of plots began last week, the registration for shops kicked off on July 16. This offer will certainly fulfill the dream of common citizens to own their houses, said Cidco.

According to Vijay Singhal, Vice Chairman and Managing Director of Cidco, “Cidco has consistently implemented schemes for the sale of plots, shops, and commercial premises to give a boost to the realty sector and commercial activities in the city. These schemes are proving helpful for strengthening the economy of Navi Mumbai and have given common citizens the golden opportunity to build their dream house (bungalow) in a city like Navi Mumbai. Also, various sections like developers, businessmen, small and medium entrepreneurs, have got an opportunity to expand their businesses.”

The 48 plots are available for sale in the nodes of Ghansoli, Nerul, CBD Belapur, Kharghar, Koparkhairane, Kalamboli, Panvel (E), and Panvel (W) through e-tender-cum-e-auction process for residential, bungalow, residential and commercial, commercial, service industry, and star hotels. The website eauction(dot)cidcoindia(dot)com has been made available for this scheme.

Online registration can be done until July 23. The result of the scheme will be announced on July 25. Manohar Shroff, senior vice president of CREDAI-MCHI Navi Mumbai, said, “This is the biggest offer after last year’s Diwali, and the plots will see good bidding.”

Besides, 218 shops from Cidco’s various housing complexes at Taloja, Kalamboli, Ghansoli, Kharghar, Dronagiri nodes along with the Swapnapoorti housing complex, have been made available for sale through e-tender-cum-e-auction processes. The website has been made available for the same.

The results of the scheme will be announced on August 20. The plots and shops made available under these schemes are strategically located in rapidly developing nodes of Navi Mumbai.

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