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Hindustan Times
11-07-2025
- Business
- Hindustan Times
CIDCO to convert residential leasehold plots to freehold, offering major relief to property owners
In a major relief for homeowners in Navi Mumbai, near Mumbai, the City and Industrial Development Corporation (CIDCO) has announced that residential plots allotted on a leasehold basis will now be eligible for conversion to freehold. In a major relief for homeowners in Navi Mumbai, near Mumbai, the City and Industrial Development Corporation (CIDCO) has announced that residential plots allotted on a leasehold basis will now be eligible for conversion to freehold. (Picture for representational purposes only)(Bachchan Kumar/HT Photo) The CIDCO said that in order to facilitate this process, it has constituted a committee tasked with scrutinising applications received for such conversions. The special planning authority, CIDCO has urged citizens to take advantage of this scheme to secure full ownership rights over their residential plots. "The scheme will cover residential plots allotted through the tender process, CIDCO-constructed housing projects, as well as plots allotted under the 12.5% and 22.5% schemes," CIDCO said in a statement. According to the statement, eligible plot owners can apply for conversion by submitting the required documents and paying the prescribed conversion fees. Also Read: CIDCO cancels allotment of 16 Navi Mumbai plots worth ₹2,000 crore: 5 key reasons The conversion fee is charged basis the ready reckoner rate of the particular land and only a certain percentage of the ready reckoner rate is charged in exchange of conversion, CIDCO officials said. However, in cases where recovery of unearned income is stipulated in the lease agreement, such amounts will also be recovered along with the conversion fees. Additionally, for plots allotted at concessional or subsidized rates, other applicable charges will be levied besides the conversion fees, the CIDCO said in a statement. Also Read: CIDCO auction: Godrej Properties acquires 6.54 acres in Navi Mumbai for ₹717 crore on a 60-year lease According to the statement, the scheme is optional and applies only to plots where lease deeds have already been executed. Once a plot's status is converted to freehold, CIDCO will not levy transfer charges for future property transfers. Further, the Department of Land Records, Government of Maharashtra, will maintain and update the records of rights for these freehold plots, the CIDCO statement reads. Also Read: Housing sales volume of Tier 1 real estate developers dips by 6% in FY25: Ind-Ra The CIDCO has planned and developed 14 nodes in Navi Mumbai—such as Airoli, Vashi, Nerul, Belapur, Kharghar, Kamothe, New Panvel, Ulwe, Dronagiri, etc.—and land parcels in these nodes were originally allotted on leasehold basis.
Time of India
10-07-2025
- Business
- Time of India
CIDCO to allow conversion of residential leasehold plots to freehold; forms committee
In a significant move aimed at providing greater ownership rights to property holders, the Maharashtra government has approved the conversion of residential plots allotted by the City and Industrial Development Corporation ( CIDCO ) from leasehold to freehold. The decision is expected to impact plot owners across Navi Mumbai and other CIDCO-developed areas. To ensure smooth execution of the directive, CIDCO has constituted a dedicated committee that will oversee and scrutinize the applications received for such conversions. The scheme applies to residential plots allotted through the tender process, CIDCO-constructed housing projects, and plots allotted under the 12.5% and 22.5% land allotment schemes. According to CIDCO, eligible plot owners must submit an application and pay the prescribed conversion fees in order to initiate the process. Once approved, the leasehold title will be converted into freehold, offering full ownership rights and making future transfers and financing of the property significantly easier. 'In cases where unearned income recovery is stipulated in the original agreement, that amount will also be recovered alongside the conversion fees,' CIDCO said in a statement. 'For plots allotted at concessional or subsidized rates, additional applicable charges will be levied over and above the standard conversion fee.' The scheme is optional and applies only to plots where a formal lease deed has been executed. Crucially, CIDCO has clarified that once the leasehold plot is converted into freehold, no transfer charges will be levied on subsequent property transactions—a move that is expected to encourage wider adoption of the scheme among homeowners. Industry experts suggest this conversion could also ease the property registration and inheritance process, while offering more flexibility for redevelopment or resale. Freehold status removes a layer of bureaucratic oversight and gives complete title to the owner. After the conversion, responsibility for maintaining and updating the land title records will shift to the Department of Land Records under the Government of Maharashtra, further integrating these plots into the state's mainstream property record system. This marks a major policy shift in land administration for CIDCO, which has so far maintained leasehold control over most of its residential plots since its inception.
Hindustan Times
05-07-2025
- Politics
- Hindustan Times
HC orders demolition of illegal 5-building complex in Uran, SC grants interim stay
Mumbai: Observing that there was 'overwhelming evidence of material suppression, misleading actions, and apparent collusion' between property developers in Uran and officers of the City and Industrial Development Corporation (Cidco), the Bombay high court recently ordered the Navi Mumbai planning authority to demolish an illegally constructed complex of five buildings in the Chanje village in Uran taluka in four weeks. HC orders demolition of illegal 5-building complex in Uran, SC grants interim stay The village, about 15 minutes away from the Jawaharlal Nehru Port Authority, has had improved connectivity with Mumbai since the inauguration of the Mumbai Trans Harbour Link, otherwise known as Atal Setu, last year. 'We find this to be yet another case where the authorities have been complicit in promoting and tolerating illegal and unauthorised constructions, despite being consistently alerted through written complaints from citizens,' a division bench of justices AS Gadkari and Kamal Khata observed in their June 20 order. However, the respondents in the case—land owner Vivek Deshmukh and the developer, Vinayak Developers—approached the Supreme Court, which on June 27 granted an interim stay on the high court's order until it hears the case further. 'We make it clear that no eviction operation shall be carried out without the leave of this court,' the apex court said. The petition was filed in the high court by Uran residents Meenanath Patil and Vijay Jadhav, who contended that the developers had started construction on the plot in 2013 after obtaining a no-objection certificate (NOC) from the Chanje gram panchayat, while being well aware that they could not have built on the land without Cidco's approval. In December 2013, the petitioners filed three complaints against the allegedly illegal construction before the Chanaje gram panchayat, stating that the construction obstructed access to their homes and a water well. These were followed by complaints to the Uran panchayat samiti and Raigad district collector. In 2014, Cidco inspected the site of the allegedly illegal construction and issued a notice to the developer for the removal of the unauthorised construction under sections of the Maharashtra Regional and Town Planning (MRTP) Act, 1966. In January 2016, the planning authority also filed an FIR against the developers for the unauthorised construction. The petitioners' lawyer, Abhinandan Vagyani, told the court that Cidco also issued a similar notice to the developer in September 2024. 'By this time, an entire complex of five buildings had already been constructed illegally…' Vagyani said, adding that the notice was a mere formality. 'This is a classic case where the authorities have not just neglected their statutory obligations but have, by their conduct, actively permitted the perpetuation of illegal constructions…,' he told the court. Cidco's lawyer then drew the court's attention to an affidavit filed by its Controller of Unauthorized Constructions department, which stated that the planning authority had inspected the site in August 2024. 'Cidco officials found residents occupying illegally and unauthorisedly constructed buildings,' the affidavit said. A month later, the residents were issued notices under the MRTP Act, the lawyer said. The court was also informed that the regularisation application filed by the developers was rejected by Cidco on January 27 this year. The high court, however, said that Cidco had 'not only exhibited a deliberate inaction but has also taken superficial steps, further encouraging illegal constructions.' The judges said, 'By its conduct, Cidco has not only fostered unauthorised structures but has also jeopardised the interest of innocent flat purchasers who, despite investing their hard-earned money, have become victims of these illegal developments'. The court, however, added, 'These purchasers, who failed to exercise due diligence by conducting proper title searches and obtaining sanctioned plans, cannot be entirely absolved of their imprudence. Their recourse, if any, lies against the developer.' The court also ordered the authorities, including the Maharashtra government and Cidco, to take action against 'all concerned officers who have permitted the continuance of illegal construction since 2014 and take appropriate action against not only the officers of Cidco but also against the concerned developers…'. The high court also set aside an order of the civil judge, junior division, Uran, who had ordered a status quo in the case in December 2024.
The Print
27-06-2025
- Business
- The Print
Plan ready for 1275 MLD water demand in Navi Mumbai by 2050: CIDCO
'With establishment of a strong water supply network, we're not just meeting today's demands, we're building resilient water infrastructure for tomorrow,' Singhal said. The area is undergoing rapid expansion due to the upcoming Navi Mumbai international airport, the Navi Mumbai Airport Influence Notified Area (NAINA) as well as mass housing schemes in several nodes, City and Industrial Development Corporation managing director Vijay Singhal said. Thane, Jun 27 (PTI) A comprehensive supply strategy has been unveiled as ultimate water demand for Navi Mumbai will reach 1,275 million litres per day (MLD) by 2050, a CIDCO official said on Friday. A release said the efforts include the proposed Balganga and Kondhane dams apart from existing sources like the Hetawane dam. 'Strategically located on Ulhas river, Kondhane dam will initially supply 250 MLD, later scaling up to 350 MLD. It will streamline water supply for NAINA. The Hetawane water supply augmentation scheme will ensure supply to CIDCO and Panvel Municipal Corporation areas,' it added. In August 2020, the Maharashtra government sanctioned an additional quota of 120 MLD, which increased CIDCO's present water allocation from Hetawane dam to 270 MLD, the release informed. PTI COR BNM This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Time of India
21-06-2025
- Business
- Time of India
Cidco launches QR ticket system for Metro 1
Navi Mumbai: The City and Industrial Development Corporation (CIDCO) launched a paper QR ticket system on Navi Mumbai Metro Line 1, which runs along the 11 km span between Taloja and Belapur recently. This marks a crucial advancement towards a Common Mobility Solution. The implementation required an upgrade of the entire Automatic Fare Collection (AFC) ticketing infrastructure to accommodate the new system. Commuters said that it's a welcome move, but of late. The system's launch took place at Belapur Metro station. CIDCO plans to introduce additional features shortly to improve the travel experience. These include a Mobile Ticketing App for ticket purchases, WhatsApp-Based Ticketing for direct ticket buying through the platform, and the National Common Mobility Card (NCMC) to enable unified payments across various transport networks. According to CIDCO officials, these services will be accessible to passengers shortly. The development and installation of the QR-based ticketing system was executed by a private firm with oversight from CIDCO and Maharashtra Metro Rail Corporation Ltd. A CIDCO spokesperson said that CIDCO maintains its dedication to delivering superior transport services to passengers. The QR-based ticketing implementation represents a substantial advancement towards this objective, said CIDCO.
