Cidco : Projects, Role & Importance
Cidco Projects : The state government organisation CIDCO is in charge of Navi Mumbai’s urban planning and development.
CIDCO: Notices sent to 529 illegal Navi Mumbai projects
The City and Industrial Development Corporation (Cidco) has issued a list of 529 unlawful developments in Navi Mumbai in an effort to discourage individuals from funding illegal enterprises.
225 projects are under the Panvel Municipal Corporation (PMC) and Uran, whereas 277 projects are under the Navi Mumbai Municipal Corporation (NMMC).
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Exploring the CIDCO abbreviation
Mumbai, India’s financial hub, was already congested owing to migration when Navi Mumbai was develope as an urban township.
The full name of CIDCO is City and Industrial Development Corporation of Maharashtra Limited. It started operating in 1970.
A new public sector organisation, the City and Industrial Development Corporation of Maharashtra Limited (CIDCO), was founded to construct this new township. CIDCO established Navi Mumbai as New Bombay after assuming responsibility for town planning and development in the new region.
Meaning and Importance of CIDCO
According to CIDCO information, CIDCO is in charge of providing for the expanding Greater Bombay region population and luring them to reside in Navi Mumbai by creating housing alternatives and enough infrastructure.
CIDCO was design to accommodate the expanding demand and need in Navi Mumbai by offering alternatives while reducing congestion and the strain on Mumbai’s physical infrastructure.
Additionally, CIDCO is in charge of offering physical and social services to residents of Navi Mumbai in order to improve their standard of living and close the gap between the amenities available to different social groups.
In addition, CIDCO is obligated to offer high-quality urban living in a peaceful atmosphere free from racial or racial conflicts.
In order to support industrial growth that might offer the local population jobs and job prospects, CIDCO must enable the necessary infrastructure.
Major projects by CIDCO
Navi Mumbai Airport
The city’s future airport, the Navi Mumbai International Airport (NMIA), will be the second in the Mumbai Metropolitan Region (MMR). In order to ease the strain on Mumbai International Airport, which is anticipated to receive 100 million passengers by 2034, the new airport has been design. To handle the increasing aviation traffic and hasten the region’s economic growth, a second airport was suggested.
Navi Mumbai Metro
In Navi Mumbai, a metro connectivity was planne in 2010 to enable quick connectivity in the area. The metro line’s construction delays caused it to miss a number of deadlines. The first line, which would run from Belapur to Pendhar, is expected to open in 2023. Following the launch of Navi Mumbai Metro Line 1, which will be overseen by Maha Metro, CIDCO intends to launch Metro Neo 2.0 on Lines 2, 3, and 4.
Cidco Projects : Development of NAINA
CIDCO plans to develop the Navi Mumbai Airport Influence Notified Area as an area for urban and industrial growth in the Raigad district. This region will include 170 villages and many small towns.
Cidco Projects : Navi Mumbai Metro
In Navi Mumbai, a metro connectivity was plann in 2010 to enable quick connectivity in the area. The metro line’s construction delays caused it to miss a number of deadlines. The first line, which would run from Belapur to Pendhar, is expected to open in 2023. Following the launch of Navi Mumbai Metro Line 1, which will be overseen by Maha Metro, CIDCO intends to launch Metro Neo 2.0 on Lines 2, 3, and 4.
Cidco Projects : Development of NAINA
CIDCO plans to develop the Navi Mumbai Airport Influence Notified Area as an area for urban and industrial growth in the Raigad district. This region will include 170 villages and many small towns. which will serve the expanding agro-farming, education, trade, and IT sectors.
Industrial and IT parks
A variety of economic centres that CIDCO has established in the area draw businesses from across the globe to locate their warehouses, corporate offices, and industrial facilities there. Examples include the Kharghar Corporate Park, the International Infotech Park, the International Technology Centre in Belapur, and several others.
Cidco Projects : CIDCO Water taxi
The CIDCO Water taxi, which runs boats between Nerul and the Gateway of India, was introduce by CIDCO in February 2022.
Cidco Projects : Lottery CIDCO
CIDCO holds a housing lottery each year in order to connect interested parties with affordable housing. Homes under the Pradhan Mantri Awas Yojana (PMAY) in the LIG, MIG, and EWS categories are also distribute through the CIDCO housing lottery. In the past, the PMAY distributed a variety of housing alternatives in Kharghar and Dronagiri. Soon, new programmes will be unveiled to distribute homes under the PMAY.
In Ulwe, CIDCO distributed 7,849 homes as part of the Mahagrihnirman Yojana in February 2023.
Around 5000 houses will be given away by CIDCO as a part of the lottery for the year 2022 during Ganesh Utsav. According to reports, these CIDCO residences would be accessible in Mansarovar, Juinagar, and Vashi.
According to an FPJ report. SBI has provided CIDCO with a credit of Rs 5,000 crore at a rate of 6% for CIDCO’s Mega housing project under the Prime Minister Awas Yojana (PMAY). There are 1,12,500 homes in the three stages of the CIDCO Mega housing project. Phases 1 and 2 each have 23,500 homes, while Phase 3 adds another 22,000 homes. The PMAY programme reserves 35% for EWS and 15% for LIG. The rest of the apartments are up for open bidding.
According to information provided by CIDCO on the project’s progress. Phase 1 of the Mega Housing Scheme is finish, phase II construction is ongoing, and phase will shortly begin.
Cidco Projects : CIDCO’s upcoming projects
Mumbai Road that connects the harbours
The Mumbai Trans-Harbour Link (MTHL). Which has been suggested, was design with the goal of reducing congestion and enhancing connectivity between Mumbai and Navi Mumbai. The 22 km long, six lane connecting road will have a 16.5 km long sea bridge and a 5.5 km long land viaduct on either side.
Navi Mumbai Coastal Road
An approximately 8.3-km-long coastal road between Navghar and Chanje has been develope in order to provide easy communication between Jawaharlal Nehru Port and other regions of Navi Mumbai and Mumbai. It will feature six lanes, and there will be paved connections serving as exits on both ends. Due of the high volume of container traffic anticipated along the route.
SEZ in Navi Mumbai
The planned Navi Mumbai Special Economic Zone (NMSEZ) spans three Navi Mumbai nodes: Dronagiri, Ulwe, and Kalamboli. With a total area of 2,140 hectares. More than five lakh people are anticipate to find work as a result of the project. Which is also estimate to bring in an investment of over 25,000 crores.
Cidco Projects : E-auction of plots
Anyone qualified under the Indian Contract Act, 1872, including partnerships, public trusts. And cooperative societies, may apply for a CIDCO tender plot through the CIDCO auction.
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Cidco Is Prohibited By NGT From Lasing Plot 2A In Nerul(W)
