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.
Navi MumbaiCidcoProperty Transfer ChargesResident WelfareGovernanceReal Estate MumbaiApr 19, 2025
The CIDCO transfer charges are fees imposed on property transactions in Navi Mumbai. These charges are mandatory for any property transfer and can amount to a significant sum.
Residents are opposing the CIDCO transfer charges because they believe the fees are excessive, lack legal backing, and are not transparently used for community benefit.
The City and Industrial Development Corporation (CIDCO) is a government agency responsible for the development and maintenance of Navi Mumbai, including infrastructure and public services.
Yes, the protests have gained significant traction, with local media and social media platforms amplifying the residents' voices. The hashtag NoCIDCOCharges has been trending on Twitter.
The government is monitoring the situation, and the Ministry of Housing and Urban Affairs has indicated that it may take steps to review the CIDCO's policies and address the residents' concerns.
Godrej Properties Ltd., a leading real estate developer based in Mumbai, has announced the acquisition of a 53-acre land parcel in Joka, Kolkata. This strategic move is expected to generate a revenue potential of ₹500 crore for the company.
Pune is currently facing a rising health concern with the increasing cases of Guillain-Barré Syndrome (GBS). This rare and severe nerve disorder is causing alarm among health officials and the public. What is GBS, and why is it spreading in Pune?
For the second consecutive quarter in 2024-25 (FY25), the real estate residential sector has seen a decline in new launches and inventory sales. This slowdown has led to underperformance in the BSE Realty index compared to the S&P BSE Sensex, but brokerag
Market expert Vijay Kedia's unique appeal to FM Nirmala Sitharaman to reconsider dividend tax burden on investors
In a bid to prevent any terrorist or anti-social activities, the Mumbai Police have issued a preventive order, directing landlords, property owners, and real estate dealers to furnish critical information.
NEET UG 2024 counseling to commence after Supreme Court ruling, MCC and AACCC to announce schedules