The City and Industrial Development Corporation (CIDCO) has embarked on a substantial initiative to boost real estate and commercial activities in Navi Mumbai through the sale of prime plots and shops across various nodes. This comprehensive scheme, recently launched, includes the sale of 48 plots and 218 shops, catering to diverse uses such as residential, commercial, service industry, and hospitality.
Online registration for the sale of plots commenced on July 6, 2024, followed by the registration for shop sales starting on July 16, 2024. According to CIDCO’s Vice Chairman and Managing Director, Vijay Singhal, these initiatives not only fulfill the aspirations of citizens to own residential properties but also provide significant opportunities for developers, businessmen, and small to medium entrepreneurs to expand their enterprises. CIDCO’s consistent efforts in promoting residential and commercial ventures have garnered substantial interest and participation from citizens and stakeholders alike.
The current offering of plots spans prominent nodes including Ghansoli, Nerul, CBD Belapur, Kharghar, Koparkhairane, Kalamboli, Panvel (E), and Panvel (W), facilitated through transparent e-tender cum e-auction processes. The availability of 218 shops across CIDCO’s housing complexes in Taloja, Kalamboli, Ghansoli, Kharghar, and Dronagiri nodes, along with the Swapnapoorti housing complex, presents lucrative opportunities for budding entrepreneurs seeking to establish or expand their businesses in strategically located areas of Navi Mumbai.
These properties benefit from robust infrastructure support and excellent connectivity via highways, metro, and railways, ensuring convenience for residents and businesses alike. They are also positioned in close proximity to key upcoming developments such as the Navi Mumbai International Airport and Jawaharlal Nehru Port. CIDCO has encouraged widespread participation in these schemes, emphasizing their role in stimulating economic growth and urban development within Navi Mumbai. Prospective buyers and entrepreneurs are urged to capitalize on these opportunities to secure prime real estate in one of India’s fastest-growing urban regions.
