16 Navi Mumbai land parcels are listed for sale by CIDCO

19 Jul 2022 CW Team

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.

According to real estate advisors and developers working in Mumbai's satellite city, the projected auction of land pieces totaling 12 acres is expected to bring in close to Rs 1,000 crore.

The lands will be used for both business and residential purposes. According to the CIDCO tender document, these plots are situated in a desirable area of the city close to the APMC Market in Vashi and the NRI Complex in Nerul.

The largest land piece in Nerul, which is one of 16 plots, spans adjacent sectors 54, 56, and 58 and measures 6.21 acres. The base price and reserve price for this land lot are both fixed at Rs. 1.17 lakh per square metre. Given its proximity to the Arabian Sea, this plot alone is predicted to generate earnings of up to Rs 500 crore.

Also read:
Adani Group will invest K Raheja Corp. Rs. 1,500 crore for land
Navi Mumbai International Airport acquires necessary land parcel

Infrastructure Urban

09 Jan 2026

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Sources Unlimited Introduces Vitamine Pendant Lamp by Melogranoblu

Sources Unlimited has launched the Vitamine Pendant Lamp by Melogranoblu in India, expanding its portfolio of curated international luxury lighting solutions. Designed and crafted in Italy, the Vitamine pendant reflects contemporary glass artistry, combining hand-blown craftsmanship with refined aesthetics and atmospheric illumination.The Vitamine Pendant Lamp is sculpted in hand-blown glass and is available in frosted, silver and black metallised finishes. Each finish offers a distinct visual identity while maintaining a cohesive and sophisticated design language. The lamp’s softly contoure..