CIDCO rakes in over Rs 100 crore by leasing out 4 Navi Mumbai plots
Interestingly, all the four plots--each admeasuring nearly an acre--have received more than the reserve price of Rs 55,216 per sq meter or Rs 22.34 crore.
L&T bags CIDCO order to build residential complexes
L&T will build 23,432 dwelling units as part of the Pradhan Mantri Awas Yojana (PMAY)
L&T Construction bags contract from CIDCO to construct residential project in Navi Mumbai
The company said the order falls under the 'major' ...
L&T IDPL bags EPC contract for Navi Mumbai airport
NMIAPL is a public-private partnership venture in which GVK-led MIAL has a 74 per cent stake with CIDCO.
Cidco to build a Rs 273-cr coastal road in Navi Mumbai
Cidco is currently undertaking various developmental works in Navi Mumbai including the Navi Mumbai international airport.
RIL leased 4,000 acre land from Navi Mumbai SEZ for economic hub
CIDCO holds 26 per cent stake in NMSEZ, while the rest is held by Ambani, Jai Corp promoted by Anand Jain and Nikhil Gandhi's SKIL Infrastructure.
Cidco violates MahaRera rules; advertises housing projects without registration
Mumbai Grakah Panchayat has alleged that out of the 11 housing projects advertised in newspapers and marketed on its website, only two located in Ghansoli are registered.
CIDCO gets Rs 181 crore bid for 3.4 acre Nerul plot
The plot was auctioned by CIDCO with reserve price at Rs 95,000 sq meter and was finally sold at Rs 1.33 lakh per sq meter, CIDCO spokesperson said.
GVK signs concession agreement with Cidco for SPV for NMIA
GVK through its subsidiary, Mumbai International Airport (MIAL) holds 74 per cent equity shares of the SPV- Navi Mumbai International Airport (NMIAL) while Cidco holds the balance 26 per cent, the company said.
Work on Navi Mumbai airport to be completed by end-2019: CIDCO
Minister of State for Civil Aviation Jayant Sinha had said that the Navi Mumbai airport could take four to five years to be operational.
Cidco gets 156 bids for Navi Mumbai land parcels
The land parcel in Nerul fetched the highest bid of nearly Rs 2.12 lakh per sq metre, while all three Ghansoli land parcels were sold at highest bids of around Rs 1.89 lakh, Rs 1.73 lakh and Rs 1.52 lakh per sq metre, respectively.
GVK achieves financial closure for Navi Mumbai airport
The new international airport will be built on 1,160 hectares in phases and will eventually cater to 60 million passengers per year.
PM's Navi Mumbai airport event: GVK asks Cidco, JNPT to share cost
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.
Navi Mumbai airport: 21-year-old-dream set to become true
Navi Mumbai International Airport, being built by the state-run Cidco and the GVK Group, is all set to take off at a humongous cost of over Rs 16,700 crore.
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