The City and Industrial Development Corporation (CIDCO), a town planning and infrastructure development agency under the Maharashtra government, has listed 16 property lots in prestigious Navi Mumbai areas. The largest land piece in Nerul, which is one of the 16 plots, spans adjacent sectors 54, 56, and 58 and measures 6.21 acre. The base price and reserve price for this land lot are both fixed at Rs.117,000 per sq m. Given its proximity to the Arabian Sea, this plot alone is predicted to generate earnings of up to `5 billion. The land will be used for both business and residential purposes. Contact: CIDCO Tel: 022-6650 0900 Website: cidco.maharashtra.gov.in