{"id":17656,"date":"2021-06-22T19:19:51","date_gmt":"2021-06-22T13:49:51","guid":{"rendered":"https:\/\/savlarealestate.com\/?p=17656"},"modified":"2021-06-26T17:29:51","modified_gmt":"2021-06-26T11:59:51","slug":"all-about-cidco","status":"publish","type":"post","link":"https:\/\/savlarealestate.com\/index.php\/2021\/06\/22\/all-about-cidco\/","title":{"rendered":"All about CIDCO"},"content":{"rendered":"\n

What is CIDCO?<\/strong><\/h2>\n\n\n\n

CIDCO is an acronym of the City and Industrial Development Corporation of Maharashtra Limited (CIDCO). Completely owned by the State Government incorporated as a company on 17th<\/sup> March 1970, it is a public sector undertaking of the Government. <\/p>\n\n\n\n

https:\/\/cidco.maharashtra.gov.in\/<\/a><\/p>\n\n\n\n

CIDCO is notified by the State Government as the New Town Development Authority (NTDA). The Government later widened the scope of CIDCO\u2019s activities delegating the responsibility as the Special Development Authority (SPA). <\/p>\n\n\n\n

Today CIDCO has earned a reputation as the premier town planning and development agency in the country.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Some of the completed Flagship Projects of CIDCO –<\/u><\/strong><\/p>\n\n\n\n

  • Agricultural Produce Market Complex (APMC)<\/strong><\/li><\/ul>\n\n\n\n

    As an integral part of decongestion of Mumbai and consistent with the recommendations of the Regional Plan for the Bombay Metropolitan Region setup under the MR & TP Act 1966, <\/p>\n\n\n\n

    CIDCO planned Agricultural Produce Market Complex (APMC) at Turbhe to shift the wholesale markets of agricultural and agricultural-processed commodities. The physical planning and designing of the market were made conducive for an open market. This reduced the malpractices and an era of free trading began. <\/p>\n\n\n\n

    The key features of the path-breaking project set standards for another market. It was planned to have shop-cum-godown unit for each trader with loading\/unloading space. The passage for buyers with the facility to approach all shops in a row of buildings was totally covered.<\/p>\n\n\n\n

    \"\"<\/figure>\n\n\n\n
    • Palm Beach Marg<\/strong><\/li><\/ul>\n\n\n\n

      Palm Beach Marg is a City Scale Road of Urban Expressway Standard having length 12 kms. Starting from Thane Belapur Road at Pawane it ends at Aamra Marg at Belapur-CBD. Part of the Road from Thane Belapur Road at Pawane to Sion-Panvel Highway having length of 3.2 km was existing. <\/p>\n\n\n\n

      The Palm Beach Marg is traversing through the western edge of Navi Mumbai developed to provide fast movement of intra city traffic. It is serving for inter-nodal traffic of Vashi, Sanpada, Nerul and Belapur. All the junctions are designed with acceleration and deceleration lanes.<\/p>\n\n\n\n

      \"\"<\/figure>\n\n\n\n
      • Exhibition Centre, Vashi<\/strong><\/li><\/ul>\n\n\n\n

        Spread over the 7.4-hectare area it is strategically located in sector 30-A, Vashi adjacent to the Sion-Panvel Expressway at a stones-through-away distance from Vashi Railway Station.<\/p>\n\n\n\n

        The area of the Exhibition Centre is approximately 21,562 sq.m, Business Centre is approximately 7,597 sq.m. and Ancillary Block is approximately 780 sq. m. It has a day-light harvesting system and recycled water to be used for flushing and gardening purpose. The state-of-the-art Exhibition-cum-Business Centre CIDCO has offered an international platform to corporates from all over the Globe for wider exposure. <\/p>\n\n\n\n

        Certified by Indian Green Building Council (IGBC) under the LEED criteria the building complex features an Exhibition Centre, Business Centre and Ancillary Block. The exhibition hall has an underground air distribution system for the Exhibition hall. There is a bridge connecting Exhibition & Business Centre at first-floor level. There is a provision for car parking for 450 vehicles.<\/p>\n\n\n\n

        \"\"<\/figure>\n\n\n\n
        • Urban Haat, Belapur<\/strong><\/li><\/ul>\n\n\n\n

          Developed on a small hilltop without disturbing the natural environment, the Urban Haat provides a panoramic view. Spread over an area of 4.7 hectares in Sector-15, CBD Belapur adjoin Belapur Railway Station its unique setting provides an environment conducive for recreation and leisure. <\/p>\n\n\n\n

          It comprises stalls, an exhibition hall, a food court, and an amphitheater for cultural Programmes. The main purpose of an establishment like the Urban Haat is to generate awareness and promote Indian handicraft and emerging arts. It has become a permanent fair for crafts, food, and cultural activities. Not just handicrafts, but cuisines from different states of India also form part of the fairs at Urban Haat.<\/p>\n\n\n\n

          \"\"<\/figure>\n\n\n\n
          • Central Park, Kharghar<\/strong><\/li><\/ul>\n\n\n\n

            Spread over around 80 hectares in Sectors 23, 24 & 25 it virtually creates a ‘Green-Link’ between the hills dotting Kharghar and the creek, while a natural channel runs from hills to creek with fully grown trees and vegetation spread over sporadic locations. The recreational facilities include Children’s Park, Amphitheatre Area, Musical Instrument Park, Hasta Mudra Park, Theme Park, Food Plazas, Parking, Amusement Park, Water Park, Nursery and Club House. It has become a most sought destination to spend quiet evenings for families and further development of the park is looked forward to by the masses. <\/p>\n\n\n\n

            \"\"<\/figure>\n\n\n\n

            Few Ongoing Projects-  <\/u><\/strong><\/p>\n\n\n\n

            • Navi Mumbai International Airport  (NMIA)<\/strong><\/li><\/ul>\n\n\n\n

              The Navi Mumbai Airport is being developed through Public Private Participation (PPP) after all the statutory approvals of the State and the Central governments. The airport site is located in an area of 1160 hectares accommodating two parallel runways for simultaneous & independent operations with provision of full length taxi ways on either side of the runways. The airfield has been designed to accommodate the new large aircrafts compatible with International Civil Aviation Organisation (ICAO) Aerodrome Code 4F. To be developed in phased manner it is expected to absorb annually 20 million by 2020 followed by 60 million by final phase.
              A Special Purpose Vehicle (SPV) company will develop and operate the airport. CIDCO nodal agency appointed by the Central government for the project will be the partner of the SPV and will hold 26% share and the rest will be held by the private developer.
              The growth in resident population in Navi Mumbai, rapid development of its Central Business District in Belapur node, coupled with major economic generators such as Special Economic Zone, Jawaharlal Nehru Port, <\/p>\n\n\n\n

              Thane-Belapur and Taloja industrial areas and the huge catchment area ranging from Pune to South Mumbai would ensure a steady growth rate in air traffic at the new airport, thus assuring steady revenues to the investors.<\/p>\n\n\n\n

              \"\"<\/figure>\n\n\n\n
              • Mumbai Trans-Harbour Link<\/strong><\/li><\/ul>\n\n\n\n

                The proposed Mumbai Trans Harbour Link (MTHL) which aims at facilitating decongestion by improving connectivity between Island city and the mainland (Navi Mumbai) and development of Navi Mumbai Region was envisaged about 30 years back. The government of Maharashtra appointed Mumbai Metropolitan Region Development Authority (MMRDA) as the implementing agency on 4th<\/sup> February 2009 and declared the MTHL project as Regional Development Project on 8th<\/sup> June 2011.  <\/p>\n\n\n\n

                The scope of the work includes the construction of22 km long 6-lane bridge with a 16.5 km long sea bridge and a 5.5 km long viaduct on land on either side. The link has interchanges at Sewri (Mumbai), Shivaji Nagar (Navi Mumbai) & at Chile in Navi Mumbai near NH-4B. MMRDA is the nodal agency to implement the project. Japan International Cooperation Agency (JICA) has agreed to fund the project. <\/p>\n\n\n\n

                JICA has estimated the total Project Cost as Rs. 17,843 Crore. The MTHL will provide faster connectivity to the proposed Navi Mumbai International Airport (NMIA). The link will facilitate accelerated development of Navi Mumbai and Raigad District therefore the project stake-holders CIDCO, NMMC and JNPT will assist financially.<\/p>\n\n\n\n

                The Ministry of Environment, Forest & Climate Change has given the Coastal Regulation Zone (CRZ) clearance and stage-1 clearance for diversion of forest land required for the project. The bids for Packages 1, 2 & 3 have been received in July 2017 and a Letter of Acceptance is given. <\/p>\n\n\n\n

                \"\"<\/figure>\n\n\n\n
                • Metro Rail Project<\/strong><\/li><\/ul>\n\n\n\n

                  With each passing day and with each fleeting moment a city grows \u2013 both in its size and scope. The number of motor vehicles in Navi Mumbai have increased substantially over the past few years and the utilization of public modes of transport as compared to privately-owned vehicles have decreased, which is predominantly utilized by professionals and business people traveling to Mumbai. Government of Maharashtra has authorized CIDCO as MRT system administration Implementing Agency under Indian Tramway Act 1886 to implement the Metro Rail Project. <\/p>\n\n\n\n

                  CIDCO has envisaged metro rail corridors in the city to improve connectivity with Mumbai’s transportation system. The Corporation has decided that the Belapur-Taloje-Khandeshwar Corridor Metro Rail project will be executed with CIDCO’s funds and accordingly the work of phase I has been awarded. The ground-breaking ceremony of Line 1 was performed on 1st May 2011 and the construction work is in progress<\/p>\n\n\n\n

                  The well-made Roadways and well-developed Railway network will surely have a positive impact on the city transit corridor, along with the enhancement of the already existing roadways and various new developments including the Panvel\/Nerul\u2013Seawoods\u2013Uran railway line, MTHL, and the development of Waterways connecting Navi Mumbai and Greater Mumbai.<\/p>\n\n\n\n

                  \"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

                  What is CIDCO? CIDCO is an acronym of the City and Industrial Development Corporation of Maharashtra Limited (CIDCO). Completely owned by the State Government incorporated as a company on 17th March 1970, it is a public sector undertaking of the Government.  https:\/\/cidco.maharashtra.gov.in\/ CIDCO is notified by the State Government as the New Town Development Authority (NTDA). The […]<\/p>\n","protected":false},"author":1,"featured_media":17666,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,4,5],"tags":[95,92,93,90,91,94],"class_list":["post-17656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-construction","category-marketing","category-real-estate","tag-all-about-cidco","tag-cidco-lautry","tag-cidco-luckydraw","tag-navi-mumbai","tag-what-is-cidco","tag-about-cidco"],"aioseo_notices":[],"yoast_head":"\nAll about CIDCO - Savla Real Estate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/savlarealestate.com\/index.php\/2021\/06\/22\/all-about-cidco\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"All about CIDCO - Savla Real Estate\" \/>\n<meta property=\"og:description\" content=\"What is CIDCO? CIDCO is an acronym of the City and Industrial Development Corporation of Maharashtra Limited (CIDCO). Completely owned by the State Government incorporated as a company on 17th March 1970, it is a public sector undertaking of the Government.  https:\/\/cidco.maharashtra.gov.in\/ CIDCO is notified by the State Government as the New Town Development Authority (NTDA). 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