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CIDCO: 10% reduction in CIDCO home prices, announcement by Deputy Chief Minister Eknath Shinde in the Legislative Council

CIDCO Homes on Eknath Shinde: A major decision to reduce the prices of CIDCO homes in Navi Mumbai by 10 percent has been announced.

Dhanshree Shintre

Scroll down to read the news in brief...

The rates that CIDCO had set for houses in various categories in Navi Mumbai have been directly reduced by 10 percent, as announced by Deputy Chief Minister Eknath Shinde in a statement in the Legislative Council. As a result of this decision, these houses will now be available at cheaper rates than before, making the dream of owning a house in the Navi Mumbai area more accessible to the common people.

While making a statement in this regard, Deputy Chief Minister Mr. Shinde said that CIDCO has constructed as many as 17,000 houses in the areas of Kharghar, Vashi, Kharkopar, Taloja, Ulwe, Kalamboli, Kamothe, and Panvel in Navi Mumbai. The lottery process for these houses will be completed in the next two months. Before that, he said, a decision has been made to reduce the prices of the houses to provide relief to the general public. The prices of houses in the EWS and LIG categories will be reduced by 10 percent.

While providing information in this regard, Deputy Chief Minister Shinde said that this decision has been made to support Prime Minister Narendra Modi's concept of housing for all. This will make it possible for ordinary citizens to get affordable, authorized, and good quality houses.

  • Direct 10% reduction in CIDCO housing prices

  • Maximum relief for EWS and LIG category houses

  • 17,000 houses in Navi Mumbai, lottery process to be completed in two months

  • Includes several areas like Kharghar, Panvel, Taloja, Ulwe

  • Support for the Prime Minister's concept of housing for all

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