Navi Mumbai: Cidco sells 243 shops in Ulwe complex

18 Mar 2024 CW Team

Cidco has announced a scheme for the sale of 243 shops in the Bamandongari housing complex in the Ulwe node of Navi Mumbai.

According to Cidco, the shops have been made available for small and medium businesses in the Ulwe node, which is now well-connected with various modes of transportation. It was mentioned that the online registration process for the sale of shops had commenced from March 14 and will remain open until April 13.

Vijay Singhal, the Vice Chairman & Managing Director of Cidco, stated that Cidco had launched the scheme offering 243 shops from its Bamandongri housing complex in the rapidly developing Ulwe node of Navi Mumbai. He further added that the scheme would particularly benefit medium and small businesses. He urged that maximum business owners should seize this golden opportunity.

In the scheme, 243 shops in the Bamandongari housing complex in Ulwe node of Cidco have been made available for sale through e-tendering and e-auction processes. It was mentioned that the website eauction(dot)cidcoindia(dot)com had been made available for this purpose. The result of the scheme was said to be scheduled for announcement on April 15, 2024.

The Cidco housing complex at Bamandongari is connected through the Bamandongari station along the Nerul-Uran suburban railway corridor. Additionally, it was stated that the area of this housing complex is at a close distance from MTHL (Atal Setu). It was noted that Cidco?s Navi Mumbai International Airport and JNPT Port would act as growth drivers for the development of this area, which is well-equipped with all infrastructure facilities.

Equipment

07 Oct 2025

SANY India Opens New 3S Branches in Visakhapatnam and Palwancha

SANY India, a leading manufacturer of construction, mining, road, logistics, and energy equipment, has expanded its presence in southern India by inaugurating two new 3S (Sales, Service, Spares) branch offices in Visakhapatnam (Andhra Pradesh) and Palwancha (Telangana). The expansion, in partnership with its authorised dealer Madhura Engineering Services, reinforces SANY’s commitment to providing world-class equipment and faster service access in key industrial and mining hubs.These new facilities complement Madhura Engineering’s existing branches in Guntur and Vijayawada, marking a strate..

Compact Homes Lead Demand as Indian Housing Market Stabilises: Magicbricks

Magicbricks, India’s leading real estate platform, has released its PropIndex Report for July–September 2025, revealing signs of stabilisation in the housing market. Despite affordability pressures, housing demand grew 3.1 per cent QoQ, driven largely by compact homes. The share of 1–2 BHK units rose to 54 per cent of total demand, reversing a two-year decline and signalling renewed focus on affordability.While overall supply increased marginally by 1 per cent QoQ (–4.5 per cent YoY), property prices continued to rise. Pune (+41.4 per cent YoY), Mumbai (+29.6 per cent YoY), and Greater..

Flytta Launches India’s First Retrofitted Electric Truck for the Heavy-Duty Segment

Flytta has unveiled India’s first retrofitted 13-ton payload capacity electric truck, specially designed for cement bag transportation across challenging ghat roads and industrial terrains. Developed by Kalyani Powertrain (KPTL)—the electric mobility arm of the Kalyani Group—the truck will operate with Dalmia Cement on the Yadwad–Goa corridor.This industry-first collaboration brings together Flytta’s sustainable logistics expertise, Kalyani’s engineering capabilities in EV retrofitting, and Dalmia Cement’s commitment to green manufacturing. The partnership marks a significant ste..