Unlock Investment Opportunities in Navi Mumbai: CIDCO Auctions 48 Plots and 218 Shops
CIDCO plots are located near the upcoming Navi Mumbai International Airport and JNPT Port, offering a golden opportunity for investors and citizens to build their dream homes and expand their businesses.
Navi MumbaiCidcoReal EstateInvestment OpportunitiesInfrastructure DevelopmentReal Estate MumbaiJul 16, 2024
Here are five key things to know about the 48 plots and 218 shops being auctioned by CIDCO
1. Locations The 48 plots are spread across various nodes of Navi Mumbai, including Ghansoli, Nerul, CBD Belapur, Kharghar, Koparkhairane, Kalamboli, Panvel (E), and Panvel (W). The 218 shops are located in housing complexes in areas like Taloja, Kalamboli, Ghansoli, Kharghar, Dronagiri, and Swapnapoorti housing complex.
2. Registration and Auction The online registration for participating in the e-auction of plots started on July 6 and will close on July 23. The results of the auction will be announced on July 25. For shops, registration started on July 16 and will close on August 10, with the results being announced on August 20.
3. CIDCO's Vision According to CIDCO, the plots and shops being made available under these schemes are located in areas connected through highways, metro, and railways, making them an attractive investment opportunity. The corporation aims to strengthen the economy of Navi Mumbai through these schemes.
4. Benefits for Citizens and Businesses CIDCO's auction provides a golden opportunity for common citizens to build their dream homes in Navi Mumbai. For developers, businessmen, and small and medium entrepreneurs, these schemes offer a chance to expand their businesses in a rapidly growing region.
5. Infrastructure and Accessibility The plots and shops are located close to the upcoming Navi Mumbai International Airport and JNPT Port, providing easy access to transportation and logistics facilities.
Information
City Industrial Development Corporation (CIDCO) is the special planning authority of several areas in Navi Mumbai, responsible for the development and maintenance of the region.
City Industrial Development Corporation (CIDCO) is a leading organization responsible for the development and maintenance of Navi Mumbai, providing a range of services and opportunities for citizens and businesses alike.
Frequently Asked Questions
What is the total number of plots being auctioned by CIDCO?
CIDCO is auctioning a total of 48 plots for residential, industrial, and hotel use.
Where are the 218 shops being auctioned by CIDCO located?
The 218 shops are located in housing complexes in areas like Taloja, Kalamboli, Ghansoli, Kharghar, Dronagiri, and Swapnapoorti housing complex.
What is the proximity of the plots and shops to the Navi Mumbai International Airport and JNPT Port?
The plots and shops are located close to the upcoming Navi Mumbai International Airport and JNPT Port, providing easy access to transportation and logistics facilities.
Who can participate in the e-auction of plots and shops?
Citizens, developers, businessmen, and small and medium entrepreneurs can participate in the e-auction of plots and shops.
What is the aim of CIDCO's auction of plots and shops?
The aim of CIDCO's auction is to strengthen the economy of Navi Mumbai and provide a golden opportunity for citizens and businesses to invest in the region.
Related News Articles
EFC India Expands Commercial Real Estate Footprint with Major Acquisitions and Diversification
EFC India has acquired a large office space in Pune for INR 80 crore and strengthened its portfolio by acquiring a 51% stake in co-working space provider Bigbox Venture.
Seema Singh: The Bihar Woman Who Bought a Rs 185 Crore Mumbai Apartment
Mumbai, known for its sky-high property prices, has witnessed another high-profile real estate deal. Seema Singh, a woman from Bihar, recently purchased a luxury apartment worth Rs 185 crore. This article delves into the details of the deal and the backgr
Noida: The Rising Star of Real Estate in Uttar Pradesh
The development of the Noida International Airport, scheduled to commence operations from April this year, is poised to be a significant catalyst for the real estate market in Noida. This bustling city in Uttar Pradesh has already secured nearly 50% of al
Brigade Group to Invest Rs 1500 Crore in Kerala for Real Estate Expansion
Real estate giant Brigade Group has announced a significant investment of Rs 1,500 crore in Kerala. This move is part of their ambitious expansion plans in the southern state, focusing on developing premium residential and commercial projects.
Blackstone’s Strategic Move: Acquiring 26% Stake in Kolte Patil for ₹417 Cr
Blackstone is set to tighten its grip on India's real estate market with a significant investment in Kolte Patil, a prominent developer based in Pune. The deal, valued at ₹417 crore, marks another strategic move by the global investment giant to expand it
Leading Legal Firms Advise on Knowledge Realty's Landmark REIT IPO
Knowledge Realty Trust is set to make history with its Initial Public Offering (IPO), which is expected to be India's largest Real Estate Investment Trust (REIT) offering. Several top-tier legal firms, including CAM, S&R, White & Case, and Khaitan, have b