Bombay High Court Halts Development of CIDCO Ulwe Plot, Protects Developers Who Paid ₹3.12 Crore

The Bombay High Court has halted development of a CIDCO-allotted plot in Ulwe, granting protection to developers who paid ₹3.12 crore under earlier agreements.

Navi Mumbai Property Prices Rise Over 22% in Five Years; Premium Nodes Outperform Market

Navi Mumbai’s residential property prices have climbed over 22% in five years, driven by infrastructure-led growth and maturing micro-markets. Premium nodes such as Vashi and Seawoods continue to outperform, while emerging corridors signal long-term investment potential, according to RealX Stats by InvestoXpert.

CIDCO Homes to Become 10% Cheaper

The Maharashtra government has announced a 10% reduction in CIDCO home prices and a 19,000-home mega housing scheme across Navi Mumbai from December 14, 2025, offering major relief to middle-class and EWS homebuyers.

One Society for Two Buildings a Kilometer Apart? Bombay HC Backs For Independence

Bombay High Court has upheld the bifurcation of Balaji Tower CHS from Shree Ganesh CHS in Nerul, observing that the two plots — located over a kilometer apart — functioned separately for years. The Court ruled that no CIDCO permission was required for the split, bringing long-awaited legal clarity for residents.

Bombay High Court Shocker: Builder Can’t Form Two Societies in One Building

In a major ruling impacting mixed-use housing projects, the Bombay High Court has held that developers cannot form separate cooperative societies for residential and commercial units in the same building unless they are functionally and physically independent. The Court also declared the 2004 Maharashtra government circular permitting such practice as having no statutory force.