The City and Industrial Development Corporation of Maharashtra (CIDCO) has launched an e-tender cum e-auction scheme for the lease of 20 prime plots across various nodes of Navi Mumbai. Encompassing residential, commercial, bungalow, service industry, and storage/warehouse uses, this initiative targets developers, investors, and businesses seeking opportunities in one of India’s fastest-growing urban corridors. The announcement, under E-Tender Cum E-Auction Scheme MM/SCH-47/2025-26, aligns with CIDCO’s strategy to fuel Navi Mumbai’s expansion, bolstered by the nearing Navi Mumbai International Airport and ongoing metro connectivity.
With the current date marking the final days before the process unfolds, interested parties are urged to prepare for online submissions. These plots, located in high-potential areas such as Ghansoli, Kharghar, and Panvel, promise robust returns amid the region’s 7-10% annual property appreciation. The leasehold offerings, initially for 30 years with freehold conversion options per CIDCO’s July 2025 policy, exclude additional fees like transfer charges, making them attractive for long-term planning.
Auction Timeline and Participation Essentials
To maintain transparency, CIDCO has outlined a precise schedule. Applications and document submissions open on December 1, 2025, at 11:00 AM and close on December 23, 2025. The e-tender window for close bids begins December 2, 2025, at 11:00 AM, running until December 22, 2025, with EMD payments starting at ₹28,500 (plus GST). The main e-auction event is set for December 23, 2025, from 11:00 AM to 5:00 PM, requiring an EMD of ₹1,200 (plus GST). Results will be declared on December 24, 2025, at 3:00 PM.
A document fee of ₹2,500 (plus GST) must be paid by December 1, 2025, to access the scheme booklet and plot details. All processes are digital, hosted on https://eauction.cidcoindia.com/, ensuring ease for remote bidders. Plot sizes vary—from compact 33×33 sq ft bungalow sites to expansive warehouse parcels—with base prices tailored to location and utility, excluding GST, taxes, and rents.
Varied Plot Types Catering to Diverse Needs
The 20 plots offer versatility: residential options for family homes and gated communities; commercial spaces ideal for retail and offices; luxurious bungalows in green pockets; service industry zones for light manufacturing; and warehouses/storage facilities optimized for logistics near key highways and the upcoming airport. This mix addresses the surging demand in Navi Mumbai, where industrial growth is projected to add 50,000 jobs by 2027.
Experts view this as a timely release. As Manohar Shroff, Senior Vice President of CREDAI-MCHI Navi Mumbai, commented on comparable schemes, “Plots in developing nodes like these will attract strong bidding due to their strategic positioning.” Recent CIDCO auctions, including a record ₹2,125 crore sale in Kharghar in November 2025, underscore the market’s vigor, generating revenue while spurring construction and employment.
Residential buyers can leverage PMAY subsidies up to ₹2.5 lakh, slashing costs by 20-30%, while commercial and industrial plots enjoy FSI up to 2.0 for vertical growth. A three-month cooling-off period post-submission applies, with EMD forfeiture for withdrawals.
Steps to Bid and Secure Your Plot
Begin by visiting the CIDCO portal on December 1, 2025, to download the booklet. Register with KYC documents, pay the fee, and review specifics like reserve prices and zoning. For assistance, reach the Marketing Manager (Commercial) at CIDCO’s Belapur office: Third Floor, Raiwadi, CBD Belapur, Navi Mumbai (Helpline: 022-20871184 or 07313668393;
As Navi Mumbai evolves into Maharashtra’s economic powerhouse, this auction—part of quarterly events potentially releasing over 100 plots in 2026—presents a gateway to sustainable investments. With infrastructure like the Mumbai-Pune Expressway enhancing accessibility, these plots blend residential charm with commercial promise, solidifying the city’s appeal.
Also Read: CIDCO Announces First-Ever Housing Scheme on First-Come, First-Served Basis for 4,508 Homes
