By Vinod Rohira, MD & CEO- Commercial Real Estate & REITs, K Raheja Corp Development of Navi Mumbai was first witnessed in 1971. This satellite city was slow to take-off, and there was hardly any growth for the first two decades. But all it needed was an extension of the suburban
By Accommodation Times Bureau NAVI MUMBAI The City and Industrial Development Corporation of Maharashtra (Cidco) has surprised the local property market by increasing the rate of 17 vacant flats in the booming market Seawoods Estate. The current rate of this complex is Rs 14,000 -16,000 sq ft and it increased to Rs 28,875 sq ft. This building
By Accommodation Times Bureau Sale of CIDCO-built Flats in Navi Mumbai will now be done through online lottery. Sale of the remaining tenements in Sewods Estate Housing Scheme, which has started from 6th November, 2017 through its website, the process of online acceptance and affiliation process will be online. CIDCO had earlier released
By Accommodation Times Bureau NAVI MUMBAI Suresh Jain, director of Metro Developers was arrested on 19th of October 2017 by Turbhe Maharashtra Industrial Development Corporation (MIDC) police and others are absconding including one Shakuntala Kulkarni. The complaint was by a Navi Mumbai based property investor Ketan Chugh, who alleged the three realty firms in cheating
By Accommodation Times Bureau Procedure for allotment of plot under 12.5% ??scheme to project affected landholders in Thane Taluka will be closed subject to the conditions. On September 16, 2017, CIDCO Corporation's has passed a resolution by passing the resolution in the meeting of the Board of Directors. In the year 1970, the Maharashtra
By Accommodation Times Bureau The construction company National Buildings Construction Corp (NBCC) has sanctioned the participation with the Maharashtra government and private entity to develop a smart industrial city beside Navi Mumbai, according to a regulatory filing. NBCC declared in New Delhi on Tuesday. The project planned on the public- private partnership
By Accommodation Times Bureau The land rates in Navi Mumbai has fallen down by 25%-40% as compared to the last auction, because of the Real Estate ( Regulation and Development ) Act. In the auction conducted by City and Industrial Development Corporation (CIDCO), in the recent auction CIDCO pulled together Rs.
Accommodation Times Bureau Mumbai, March 2, 2017: CIDCO conducted the Certificate Distribution ceremony to the successful candidates of the Navi Mumbai PAP Youth for their success at Airport Operations and Cargo Introductory Examinations. The ceremony was held at the CIDCO TARA Skill Development Centre, Belapur on the 23rd February, 2017. Several dignitaries
By Accommodation Times Bureau As per the procedure being followed by CIDCO, when the allotment of a plot is confirmed to the highest bidder, initially an Allotment Letter is issued, followed by an Agreement to Lease and after the issuance of Occupancy Certificate on the completion of the construction, a Lease Deed is executed in respect
By Accommodation Times Bureau As directed by the High Court and according to the directives of Additional Collector Shri. Shivraj Patil, the court has issued directives to demolish all illegal structures, which are not protected by rules & regulations, policy of CIDCO or State Govt. of Maharashtra and submit the report to Court.