According to developers, more than 350-400 buildings are likely to directly benefit from this change in policy.
The deadline for submission of applications for 7,849 apartments under the mass housing scheme has been extended up to January 23, the state-run planning authority said in a statement
The lottery draw was conducted at the CIDCO Bhavan. The CIDCO had launched this housing scheme on August 31, 2022, an official release said.
The land parcels received bids at record prices. That’s thanks to implementation of the Unified Development Control and Promotion Regulations (DCR) for all of Maharashtra, excluding Mumbai.
Prospective buyers can start applying for the scheme by registering online from October 25. The computerised draw for the scheme will be held on January 19
Navi Mumbai International Airport (NMIA) is an under-construction greenfield international airport that will be the extension to the existing Chhatrapati Shivaji Maharaj International Airport in Mumbai.
Two of these plots are in Nerul area while other two are in Ulwe and Dronagiri, the City and Industrial Development Corporation said in a release here.
In an official release, the CIDCO said that out of the total land, 134 hectares area is in Kamothe node, 38 hectares in Panvel and 109 hectares in Kolhe-Khar under its jurisdiction, which it handed over to the mangrove cell of the forest department on Thursday.
The three schemes are expected to stimulate the real estate sector and boost the economy of the area amid the pandemic, CIDCO said.
The City and Industrial Development Corporation also said land owners who are part of schemes 4 to 11 have been directed to submit their consent letters as quickly as possible.
CIDCO’s decision is also expected to bring about stability in housing prices for homebuyers, it said
Applicants who have paid the complete installments will get one month's time from June 1 to pay the remaining miscellaneous charges and then CIDCO will give the possession of the houses from July 1, it said in a release.
The Mumbai-based real estate developer will acquire two plots in Sanpada, Navi Mumbai from the City and Industrial Development Corporation (CIDCO)
The authority has also granted a moratorium to these homebuyers on the installments till June 30.
An order cancelling appointment of Thakur was issued by the state Urban Development Department on Tuesday.
The City and Industrial Development Corporation (Cidco), which is the planning body for Navi Mumbai, had put on block 10 plots across Airoli, Vashi, Kharghar and New Panvel (West) for residential and commercial development.
City and Industrial Development Corporation (Cidco) has already awarded contracts to construct nearly 95,000 homes and has already announced the lottery for 9,249 units.
A development authority can be made a promoter along with the builder in case it is mandated to develop off-site infrastructure around the plot, MahaRERA has ruled
The airport construction work includes excavation of minor minerals. The royalty charged for such excavation will also be waived, said a government official after the cabinet meeting at the Mantralaya here.
NMSEZ, which is promoted by Reliance Industries Chairman Mukesh Ambani, Jai Corp India, SKIL Infrastructure Ltd and City and Industrial Development Corp (CIDCO), was supposed to open to industrial units in 2019.
The 9.5-km road will be developed in two phases and the tenders will be soon bid out, the authority said on Friday.
CIDCO's managing director Lokesh Chandra said that online registration process for this scheme under the Pradhan Mantri Awas Yojana will start on August 13.
The former MP Sanjay Nirupam also demanded immediate suspension of the then managing director of CIDCO (City Industrial Development Corporation), under whose watch the land deal took place and that of Raigad district collector.
The construction debris and garbage are being dumped in an area of six hectares in sectors 18 and 19 in Kharghar which contains a pond and a wetland, the PIL alleged.
In the letter, GVK suggested that 60 percent of the total cost for the event be borne by the nodal plan authority Cidco and the JNPT, both state-run entities.