CIDCO had come up with a lottery of 5,730 homes in Taloja. Now there’s some good news that may cheer those applying.

By Varun Singh

Rolling stock of Navi Mumbai Metro approved by the Railway Board of Government of India

This is being hailed as an important step towards starting passenger traffic.

The rolling stock (coaches, electrical, etc.) of CIDCO’s Navi Mumbai Metro has been approved by the Railway Board of the Government of India on 11 February 2022. This is an important step towards starting passenger traffic. The Navi Mumbai Metro now awaits civil work inspection.

“CIDCO has received the clearance of the Rolling Stock (Coaches, Electrical, etc) of Navi Mumbai Metro from the Railway Board, Government of India on 11th February 2022. This is a very significant development towards Commissioning of Navi Mumbai Metro. Now, the clearance of the Civil part alone remains. Once the Civil Clearance of Navi Mumbai Metro is received, Phase 1, Line 1 would be ready for operations,” said Dr. Sanjay Mukherjee Vice-Chairman and *Managing Director, CIDCO.

In order to strengthen the public transport system in Navi Mumbai even further, CIDCO is developing four elevated routes under the Navi Mumbai Metro. The first phase of the Navi Mumbai Metro stretches from Belapur to Pendhar covering around 11 km, with 11 stations and a depot at Taloja.

The MahaMetro was appointed by CIDCO to provide engineering assistance for the Belapur-Pendhar route. So far, the Metro has completed trails related to oscillation, electrical safety, emergency brakes, etc. successfully and obtained the certificates from the RSDO.

The safety tests conducted by CMRS will be crucial as the certificate will allow the Navi Mumbai Metro to be opened for passenger traffic. On 17th and 18th January, the CMRS team conducted the safety trials on Line -1 and Taloja Depot in the presence of the Joint Managing Director of CIDCO as well as concerned officials from CIDCO and Maha Metro.

Upon successful completion of the inspection of the civil work, a green signal will be given by CMRS and Railway Board to start direct passenger transport.

CIDCO lottery comprises of 5,730 homes in Taloja for which the draw will be held on March 11.

Application process have already begun for the lottery that are in two categories one is Economically Weaker Section whereas the other is for Genera public .

Also Read: Can a Muslim Get a House in CIDCO lottery?

You May Also Like

South of Gurugram Sees 151% Jump in Property Prices as Infrastructure Boom Drives Demand

Property prices in South of Gurugram have surged by 151% over five years, supported by transformative infrastructure projects, better connectivity, and strong residential demand from homebuyers and investors.

India’s Retail Sector Poised for Expansion: 55 Million Square Feet of Grade-A Malls Needed by 2027

India’s retail industry is on the brink of a major transformation, with a report from Cushman & Wakefield estimating a need for 55 million square feet of Grade-A mall space by 2027. This demand is driven by rising consumer spending and an influx of international brands entering the market. Despite these opportunities, the pace of retail development has lagged, highlighting an urgent need for quality retail spaces to capitalize on the sector’s potential.

MahaRERA stops this builder from selling flats, for this reason

A builder submitted false/invalid CC to MahaRERA during registration of the project.…

Stamp Duty Value Much Higher Than What You Paid? This Mumbai Homebuyer Just Saved ₹31.76 Lakh in Tax

“Bought a house below stamp duty value? This Mumbai man saved ₹31.76 lakh in tax because the difference was brought under 10% with DVO valuation. Full case study on how homebuyers can protect themselves from Section 56(2)(x) tax demands.”