Browsing Tag

urban development

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CIDCO

CIDCO Begins Process to Develop India’s First Iconic Multi-Purpose Indoor Live Entertainment Arena in Navi Mumbai

CIDCO has launched the process to develop India’s first iconic multi-purpose indoor live entertainment arena in Navi Mumbai by issuing an EOI. Inspired by Madison Square Garden and The O₂ Arena, the venue will host 20,000–25,000 attendees and redefine India’s entertainment landscape.
The Maharashtra Government has approved converting a 7,658 sq.m. municipal plot in Sion from leasehold to freehold and leasing it to the Vishva Hindu Parishad (VHP) for 30 years. The land—reserved for medical and educational use—will require the organisation to pay ₹9.72 crore as freehold premium, plus annual ground rent.

State Allots VHP 1.89 Acres of Land in Sion for a Yearly Rent of ₹10,186

The Maharashtra Government has approved converting a 7,658 sq.m. municipal plot in Sion from leasehold to freehold and leasing it to the Vishva Hindu Parishad (VHP) for 30 years. The land—reserved for medical and educational use—will require the organisation to pay ₹9.72 crore as freehold premium, plus annual ground rent.
In a historic step for Mumbai’s redevelopment, work on the Mata Ramabai Ambedkar Nagar project in Ghatkopar begins today. Spanning 31.82 hectares and impacting 17,000 residents, this landmark initiative will deliver free 1 BHK homes, modern infrastructure, and commercial spaces — transforming one of Mumbai’s oldest slum clusters into a model urban community.

17,000 Lives, 31 Hectares, 1 Landmark Project: Mata Ramabai Ambedkar Nagar Redevelopment Kicks Off Today

In a historic step for Mumbai’s redevelopment, work on the Mata Ramabai Ambedkar Nagar project in Ghatkopar begins today. Spanning 31.82 hectares and impacting 17,000 residents, this landmark initiative will deliver free 1 BHK homes, modern infrastructure, and commercial spaces — transforming one of Mumbai’s oldest slum clusters into a model urban community.
building permission for the last 25% of the free-sale component will be granted only after the entire required amount is deposited with SRA.

🏗 Builders to Pay Corpus First in SRA Projects Before Selling Homes

Maharashtra has tightened rules for SRA projects, requiring developers to deposit the full rehab corpus before selling free-sale flats. The move aims to plug financial gaps, secure slum rehabilitation funds, and speed up redevelopment timelines in Mumbai.

🏢 Developers Get Relief: 120–180 m Towers on Big Plots No Longer Need High-Rise Committee Approval

In a major policy shift, Maharashtra has allowed 120–180 m buildings on plots above 2,000 sq.m to skip High-Rise Committee clearance. Municipal Commissioner can now approve these projects directly — a move expected to speed up redevelopment and reduce delays in Mumbai’s real estate sector.