CIDCO Projects New Mumbai

Guy’s I want to know about the City and Industrial Development Corporation Projects New Mumbai so please can you give me the current Projects details of the CISCO New Mumbai and feature of it?

[Shaleen]

The Main Features of the CIDCO is as follows:

Development Plan
The Central Business Districts
Nodal Development And Plans
Flora And Fauna
Formation Of Civic Body
Economic Growth

The Major Projects of the CIDCO is as follows:
Khandeshwar Lake Special Project
Gram-Vikas Bhavan
Kharghar Hill Plateau
Celebration Housing Scheme at Kharghar
Vastu-Vihar Housing Scheme at Kharghar
Navi Mumbai International Airport (NMIA)
NMSEZ
Mass Rapid Transit System (Railway Projects)
Central Park
Nature Park
Urban Haat
International Diplomatic Enclave
Mumbai Trans Harbor Link (MTHL)
Integrated complex at Seawoods Railway Station
Golf Course Kharghar

Hello sir, I want to get detail about the Housing policy projects in navi Mumbai thet is announced/started by CIDCO. Can any one provide me detail of CIDCO Projects New Mumbai?

[Raman Vij]

Mumbai Metropolitan Regional Planning Board recommended considering a twin city across facilitates the separation of greater Mumbai and CIDCO was entrusted with developing necessary social and physical infrastructure.


The Navi Mumbai project began in 1971 with the formation of City and Industrial Development Corporation (CIDCO). CIDCO was set up by Government of Maharashtra (GoM) as public limited company under Indian Companies Act and is wholly owned by the GoM.

CIDCO framed its housing policy incorporating self-financing principle
using land as a prime resource in development of housing sector to meet the fast growing demand for all sections of society.

Households in Navi Mumbai are divided into various income categories, especially for the purpose of housing calculation (EWS is the economically weaker section, LIG is low-income group, MIG is the middle income group, and HIG is the high-income group).

As per this project CIDCO decided to use a maximum surcharge of 15% on housing for highest income to compensate for a maximum subsidy of 45% to lowest income groups.


Year CIDCO % Private % Total
Upto 1980 6724 6 1121 1 7845
1981-1985 37670 31 5100 5 42770
1986-1990 19420 16 11525 11 30945
1991-1995 27817 23 16625 16 44442
1996-2000 17341 15 29577 29 46918
2001-2007 10488 9 38042 37 48530
Total 119460 100 101990 (68%) 100 221450 (82%)
(99.6%)

CIDCO’s Futuristic Approach in Housing project and it was used Modern Technologies in housing projects.