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Cidco Revokes Allotment of 16 Navi Mumbai Plots Worth Rs 2000 Crore Due to Construction Delays

Real Estate Mumbai

Cidco Revokes Allotment of 16 Navi Mumbai Plots Worth Rs 2000 Crore Due to Construction Delays

Cidco, the City and Industrial Development Corporation, has revoked the allotment of 16 plots in Navi Mumbai valued at Rs 2000 crore due to significant delays in construction and non-payment of dues. The decision comes after repeated notices issued to the defaulting plot holders.

April 10, 2025
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CIDCO Cancels Allotment of 16 Navi Mumbai Plots Worth ₹2000 Crore: 5 Key Reasons

Real Estate

CIDCO Cancels Allotment of 16 Navi Mumbai Plots Worth ₹2000 Crore: 5 Key Reasons

Mumbai Real Estate Update: The CIDCO, the special planning authority for Navi Mumbai, has cancelled the allotment of 16 plots due to alleged irregularities and legal issues. This decision has significant implications for the real estate market in Navi Mumbai, affecting both developers and potential buyers.

April 9, 2025
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Maharashtra Government Faces Flak for Allotting Prime Plot to Educational Institute in South Mumbai

Real Estate Mumbai

Maharashtra Government Faces Flak for Allotting Prime Plot to Educational Institute in South Mumbai

Nana Patole criticizes the decision, claiming it violates rules and favors those with political connections

August 10, 2024
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UP Government Orders Probe into Cancelled Commercial Plot Allotments in Noida

real estate news

UP Government Orders Probe into Cancelled Commercial Plot Allotments in Noida

The Uttar Pradesh government has sought a report from the Noida authority regarding two commercial plot allotments cancelled due to alleged procedural violations during the allotment process.

May 27, 2024
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UP Government Seeks Report on Cancelled Commercial Plot Allotments in Noida

Real Estate

UP Government Seeks Report on Cancelled Commercial Plot Allotments in Noida

The Uttar Pradesh government has sought a report from the Noida authority about two commercial plot allotments that were cancelled due to procedural violations.

May 27, 2024
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