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Navi Mumbai Aerocity: A 667-Acre Development Near NMIA

Real Estate Mumbai

Navi Mumbai Aerocity: A 667-Acre Development Near NMIA

The Navi Mumbai Aerocity, a 667-acre development near the Navi Mumbai International Airport (NMIA), is set to transform the region into a major aviation hub. The project, led by CIDCO, will include transaction advisory services and is expected to boost real estate and urban development in the Mumbai Metropolitan Region.

August 22, 2025
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CIDCO's 667-Acre Aerocity Plan Gains Momentum as Navi Mumbai International Airport Prepares for Launch

Real Estate Mumbai

CIDCO's 667-Acre Aerocity Plan Gains Momentum as Navi Mumbai International Airport Prepares for Launch

As the Navi Mumbai International Airport gears up for its operational launch in September, the City and Industrial Development Corporation (CIDCO) is fast-tracking plans for a 667-acre Aerocity. The project aims to develop around 123 acres each for residential, commercial, and retail spaces, alongside other essential facilities.

August 19, 2025
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Hafeez Contractor's Luxury Flats in Navi Mumbai Offered at a Bargain to State Officials

Real Estate Mumbai

Hafeez Contractor's Luxury Flats in Navi Mumbai Offered at a Bargain to State Officials

CIDCO has launched a ₹610 crore tender for Maha Nivas, a luxury housing project in Navi Mumbai, exclusively for top officials at half the market rate.

August 15, 2025
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Mixed Reactions as Nerul Plot Prices Soar to ₹7.65L per Sq. m

Real Estate

Mixed Reactions as Nerul Plot Prices Soar to ₹7.65L per Sq. m

City developers express mixed reactions to the astronomical rise in bid prices for Nerul plots, with some anticipating a rise in flat prices and others confident in maintaining stability.

August 1, 2025
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Mixed Reactions as Nerul Plot Prices Soar to ₹7.65L per Sq. m

Real Estate Mumbai

Mixed Reactions as Nerul Plot Prices Soar to ₹7.65L per Sq. m

The bid price for four Nerul plots facing Palm Beach Road has reached ₹7.65 lakh per square meter, drawing mixed reactions from the Navi Mumbai builders' community. Developers are closely monitoring the impact on project costs and market dynamics.

August 1, 2025
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Navi Mumbai's Real Estate Market Soars: Four Cidco Plots in Nerul Sold for Rs 7.65 Lakh per Sq Metre

Real Estate Mumbai

Navi Mumbai's Real Estate Market Soars: Four Cidco Plots in Nerul Sold for Rs 7.65 Lakh per Sq Metre

Four Cidco tender plots in Nerul, Navi Mumbai, were sold to Parth Life Spaces realty group for a record-breaking price of Rs 7.65 lakh per sq metre. While the upcoming Navi Mumbai International Airport is a driving factor, concerns arise about the affordability for the working class.

July 31, 2025
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No NOC Required to Sell Flats in Mumbai on Government or Civic Land

Real Estate Mumbai

No NOC Required to Sell Flats in Mumbai on Government or Civic Land

The Maharashtra Department of Stamps and Registration has clarified that developers do not need a No-Objection Certificate (NOC) from government agencies to sell or transfer flats built on land owned by agencies like MHADA, CIDCO, and MIDC. This move aims to streamline the property registration process and boost revenue.

July 26, 2025
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Navi Mumbai Plots Now Eligible for Freehold Conversion

Real Estate Mumbai

Navi Mumbai Plots Now Eligible for Freehold Conversion

The City and Industrial Development Corporation (CIDCO) has introduced a new policy allowing Navi Mumbai plots to be converted to freehold. This move eliminates transfer fees for subsequent property transfers, enhancing housing rights and property ownership in the region.

July 17, 2025
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Ulwe Residents Cry Foul Over CIDCO's Water Crisis

Real Estate Maharashtra

Ulwe Residents Cry Foul Over CIDCO's Water Crisis

As Ulwe, a burgeoning residential and infrastructure hub near the upcoming Navi Mumbai International Airport, faces frequent water cuts and poor water quality, residents are growing increasingly frustrated with CIDCO's lack of preparedness and support.

July 15, 2025
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Navi Mumbai's CIDCO Paves the Way for Freehold Property Ownership

Real Estate Mumbai

Navi Mumbai's CIDCO Paves the Way for Freehold Property Ownership

The City and Industrial Development Corporation (CIDCO) in Navi Mumbai has introduced a groundbreaking policy to convert leasehold residential plots to freehold status. This move is expected to boost property values, simplify property transfers, and attract more investments to the city.

July 14, 2025
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CIDCO Introduces Freehold Conversion for Navi Mumbai Plots

Real Estate

CIDCO Introduces Freehold Conversion for Navi Mumbai Plots

CIDCO, the City and Industrial Development Corporation, has announced a groundbreaking policy allowing the conversion of leasehold plots to freehold in Navi Mumbai. This move is expected to boost the real estate sector and provide property owners with greater rights and security.

July 14, 2025
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Mumbai APMC May Shift Outside Navi Mumbai Again: A Closer Look

Real Estate Mumbai

Mumbai APMC May Shift Outside Navi Mumbai Again: A Closer Look

The Maharashtra government is considering a proposal to relocate the Mumbai APMC market outside Navi Mumbai. This move could have significant implications for the logistics and real estate sectors.

July 14, 2025
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Maharashtra Congress: High Command's Role and Shinde's Real Estate Ally

Real Estate

Maharashtra Congress: High Command's Role and Shinde's Real Estate Ally

The appointment of Harshvardhan Sapkal as the Maharashtra Congress chief and the return of Eknath Shinde's confidant, Ajay Ashar, to his real estate business highlight the dynamics of power and influence in the state's political landscape.

June 23, 2025
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Navi Mumbai Metro Embraces Digital Mobility with QR Ticketing

Real Estate Mumbai

Navi Mumbai Metro Embraces Digital Mobility with QR Ticketing

Navi Mumbai's Metro Line-1 introduces QR-based ticketing, enhancing commuter convenience and setting the stage for a smarter, more integrated urban transport system.

June 18, 2025
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Dharavi Rising: A Transformative Urban Project in Mumbai

Real Estate Maharashtra

Dharavi Rising: A Transformative Urban Project in Mumbai

Explore the ambitious urban redevelopment project in Dharavi, Mumbai, spearheaded by CIDCO. Discover how this initiative aims to modernize one of Asia's largest slums while preserving its cultural heritage.

April 28, 2025
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Signature Global Achieves ISO 31000:2018 Certification for Enhanced Risk Management

Real Estate Maharashtra

Signature Global Achieves ISO 31000:2018 Certification for Enhanced Risk Management

Signature Global, a leading real estate and construction company, has recently been awarded the prestigious ISO 31000:2018 certification for their robust risk management practices. This achievement underscores the company’s commitment to maintaining the highest standards in project management and ensuring the safety and efficiency of their operations, particularly in significant projects such as dam construction for CIDCO in Maharashtra.

April 28, 2025
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ROHL Establishes 14th Maharashtra Property in Mahabaleshwar

Real Estate Maharashtra

ROHL Establishes 14th Maharashtra Property in Mahabaleshwar

CIDCO plans to float tenders for the development of a new property in Mahableshar, expanding ROHL's presence in Maharashtra. This marks the company's 14th property in the state, focusing on sustainable and luxurious living solutions.

April 25, 2025
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Cidco Finalises Plan for Metro Line Connecting Mumbai and Navi Mumbai Airports

Real Estate Mumbai

Cidco Finalises Plan for Metro Line Connecting Mumbai and Navi Mumbai Airports

The CIDCO (City and Industrial Development Corporation) has finalised the plans for a new metro line that will connect Mumbai and Navi Mumbai airports, significantly reducing travel time and easing congestion. This ambitious project is expected to boost the real estate and transportation sectors in both cities.

April 21, 2025
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Navi Mumbai Unites Against CIDCO’s Controversial Property Transfer Charges

Real Estate Mumbai

Navi Mumbai Unites Against CIDCO’s Controversial Property Transfer Charges

Hundreds of Navi Mumbai groups are rallying against the CIDCO's transfer charges on property sales, arguing that the fees are unfair and lack legal backing. The movement is gaining momentum as residents and community leaders voice their concerns.

April 19, 2025
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CIDCO Revokes Leases of 16 Underused Plots in Navi Mumbai

Real Estate Mumbai

CIDCO Revokes Leases of 16 Underused Plots in Navi Mumbai

CIDCO has taken a firm stance by cancelling the leases of 16 underutilized plots in Navi Mumbai, a move that comes just weeks after Godrej Properties signed a significant agreement to lease a 6.54-acre land parcel in Kharghar.

April 11, 2025
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