CIDCO Opens FCFS Scheme For 4,508 Ready Homes In Navi Mumbai
Real Estate

CIDCO Opens FCFS Scheme For 4,508 Ready Homes In Navi Mumbai

For the first time in its history, the City and Industrial Development Corporation (CIDCO) has launched a housing scheme on a first-come, first-served (FCFS) basis, offering 4,508 ready-to-move homes across five Navi Mumbai nodes. Online registrations open on 22 November at 4 pm, the corporation announced.

The scheme includes 1,115 homes for the Economically Weaker Section (EWS) under PMAY and 3,393 homes for the Low-Income Group (LIG), located in Taloja, Dronagiri, Ghansoli, Kharghar and Kalamboli. Eligible EWS beneficiaries may also receive a subsidy of Rs 0.25 million under PMAY.

Describing the initiative as a “golden opportunity”, CIDCO vice-chairman and managing director Vijay Singhal said the FCFS format allows buyers to directly choose the unit they prefer, without a lottery draw. He added that the scheme gives applicants the freedom to “literally buy their dream home”.

According to CIDCO, all units are fully constructed, fitted with essential amenities, and located close to the upcoming Navi Mumbai International Airport (NMIA), with strong access to suburban rail, metro and highway networks. Once documentation is verified and full payment is made, possession will be granted immediately.

Applications can be submitted via the official portal, where unit sizes and pricing details are available. Applicants who register by 21 December may begin selecting their preferred homes from 28 December at 11 am. With allotment strictly on a first-come, first-served basis, CIDCO has encouraged home seekers to register early to secure their desired unit.

For the first time in its history, the City and Industrial Development Corporation (CIDCO) has launched a housing scheme on a first-come, first-served (FCFS) basis, offering 4,508 ready-to-move homes across five Navi Mumbai nodes. Online registrations open on 22 November at 4 pm, the corporation announced. The scheme includes 1,115 homes for the Economically Weaker Section (EWS) under PMAY and 3,393 homes for the Low-Income Group (LIG), located in Taloja, Dronagiri, Ghansoli, Kharghar and Kalamboli. Eligible EWS beneficiaries may also receive a subsidy of Rs 0.25 million under PMAY. Describing the initiative as a “golden opportunity”, CIDCO vice-chairman and managing director Vijay Singhal said the FCFS format allows buyers to directly choose the unit they prefer, without a lottery draw. He added that the scheme gives applicants the freedom to “literally buy their dream home”. According to CIDCO, all units are fully constructed, fitted with essential amenities, and located close to the upcoming Navi Mumbai International Airport (NMIA), with strong access to suburban rail, metro and highway networks. Once documentation is verified and full payment is made, possession will be granted immediately. Applications can be submitted via the official portal, where unit sizes and pricing details are available. Applicants who register by 21 December may begin selecting their preferred homes from 28 December at 11 am. With allotment strictly on a first-come, first-served basis, CIDCO has encouraged home seekers to register early to secure their desired unit.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement