CIDCO fast-tracks NAINA town planning project in Navi Mumbai

17 Jun 2021 CW Team

The City and Industrial Development Corporation (CIDCO) told the media the execution of the Navi Mumbai Airport Influence Notified Area (NAINA) project over 371 sq m of land around the upcoming Navi Mumbai International Airport is progressing at a faster pace, and the work on three of the 11 town planning schemes have already commenced.

CIDCO also said that the landowners have been directed to submit their consent letters as soon as possible, who are part of the schemes four to 11.

The work under NAINA covers 175 villages in the Raigad district, and 11 town planning schemes are being executed in 23 of these villages.

The main highlight of the town development plan under NAINA is that it will be developed through a participatory basis instead of land acquisition.

The landowners under this scheme are going to contribute equivalent land. Therefore, they will get 40% of the developed plot from their original land even if it is affected by any reservation, and the carpet area will also be the same as the original land.

Thus, the landowners will gain complete returns on their plots. Over the remaining 60% land, CIDCO will develop playground, gardens, roads, schools, growth centres, and other facilities.

Image Source

Also read: CIDCO to auction plots for residential, commercial development in Mumbai

Also read: CIDCO earmarks reserve price of land in Navi Mumbai for FY22

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..