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By:

Bhalchandra Chorghade

11 August 2025 at 7:24:18 pm

CIDCO struggles to find takers for its homes

Mumbai: The City and Industrial Development Corporation’s (CIDCO) latest housing scheme has exposed a recurring challenge for the planning authority: finding buyers for its large housing inventory despite its affordable-housing focus. The August 2026 scheme offered 4,793 homes in Taloja, Kharghar and Kalamboli and received 4,180 confirmed applications before bookings closed on September 3. While CIDCO described the response as strong, 613 homes—nearly 13 per cent of the inventory—had no...

CIDCO struggles to find takers for its homes

Mumbai: The City and Industrial Development Corporation’s (CIDCO) latest housing scheme has exposed a recurring challenge for the planning authority: finding buyers for its large housing inventory despite its affordable-housing focus. The August 2026 scheme offered 4,793 homes in Taloja, Kharghar and Kalamboli and received 4,180 confirmed applications before bookings closed on September 3. While CIDCO described the response as strong, 613 homes—nearly 13 per cent of the inventory—had no confirmed applicant. This follows earlier schemes with similar gaps. In January 2025, CIDCO’s ‘My Preferred Home’ scheme, offering around 26,000 homes across Navi Mumbai, attracted 1.36 lakh initial applications. However, only about 55,000 applicants paid the registration fee and around 22,000 deposited the required earnest money, leaving serious participation below the number of homes offered. A CAG-linked report on two CIDCO housing schemes in Kharghar found that, of 4,814 saleable tenements, allotment letters had been issued to 3,733 applicants and possession handed over to 3,317. Four years after the draw, 1,081 tenements remained unsold. CIDCO has also faced scrutiny over marketing expenditure. In 2023, reports questioned the appointment of private agencies to market and allot PMAY homes, stating that the agencies had received advances of more than Rs 100 crore before sales took place. CIDCO officials said external support was necessary given the scale of the programme. The scale of investment adds to the concern. CIDCO’s mass-housing programme envisaged 68,515 homes at an estimated cost of around Rs 15,300 crore. A 2024 report noted that thousands of completed homes were awaiting sale, locking up capital and increasing the authority’s financial burden. The latest homes are located in Taloja Sector 39, Kalamboli Bus Depot and Kharghar Bus Depot. Taloja accounts for 4,229 homes, followed by 257 in Kalamboli and 293 in Kharghar. Indicative prices range from around Rs 23.50 lakh in Taloja to Rs 37.70 lakh in Kalamboli and Rs 43.50 lakh in Kharghar. The figures point to a possible mismatch between what CIDCO considers affordable and what its target buyers can finance. Industry experts have noted that EWS homes priced at Rs 25 lakh or more may be difficult for households within the prescribed income ceiling, particularly after registration, stamp duty, floor-rise charges and other costs. Location may also influence demand. Taloja has seen rapid development and improved connectivity, including metro access, but buyers continue to weigh its distance from established employment centres and social infrastructure, as well as commuting costs. CIDCO maintains that its housing programme meets a genuine need in Navi Mumbai. Ashwin Mudgal, Vice Chairman and Managing Director, CIDCO, said, “The overwhelming response to the housing scheme reflects the aspirations of citizens to own a home in Navi Mumbai and their continued confidence in CIDCO’s planned development initiatives. CIDCO remains committed to providing affordable and quality housing opportunities in well-planned locations, enabling citizens to benefit from the region’s growing infrastructure and connectivity.” The authority has also highlighted the Pradhan Mantri Awas Yojana-Urban (PMAY-U) subsidy, under which eligible beneficiaries can receive Rs 2.5 lakh, subject to applicable guidelines and eligibility criteria. However, the repeated unsold inventory suggests that CIDCO’s challenge extends beyond construction. Pricing, apartment configurations, location, payment flexibility and connectivity may need to be reassessed before further public resources are committed.

Neutral Intentions

Updated: Nov 7, 2024

Neutral Intentions

By ordering the transfer of Maharashtra’s Director General of Police, Rashmi Shukla, just weeks before the state’s Assembly election, the Election Commission of India (ECI) is sending a clear message: it wants to be seen as an impartial arbiter in a political climate thick with accusations. Shukla’s removal, triggered by allegations of bias from the Congress party, underscores the Commission’s awareness of how vital institutional neutrality is to voters, particularly in a state roiled by high-stakes rivalries and factional splits.


Said to be close to BJP leader Devendra Fadnavis, the controversy around Shukla’s tenure is hardly new. As Commissioner of the State Intelligence Department (SID), she was accused of illegal phone tapping and partisanship against leaders of the Maharashtra Vikas Aghadi (MVA) which comprises of the Congress, the Shiv Sena (UBT) and the NCP. Her transfer to Civil Defence under the Thackeray government reflected these suspicions, though she returned to prominence with the appointment of the BJP-aligned Shinde administration. It was her chequered past that led Congress leader Nana Patole to appeal to the ECI and demand her removal.


This move by the ECI may also be seen as a response to wider criticism of its impartiality. In the past few months, the Commission has faced flak form prominent opposition leaders, including Uddhav Thackeray and Sharad Pawar, for awarding the official names and symbols of the Shiv Sena and the NCP to BJP-aligned factions. By acting decisively in Shukla’s case, the ECI may be seeking to restore its credibility among those who believe it has leaned toward the ruling party’s interests. The ECI’s swift action in Maharashtra mirrors its approach in Jharkhand, where it recently ordered the removal of the state’s acting police chief over similar concerns of political bias. The timing of these actions, across states with imminent elections, suggests the Commission is keen to avoid accusations of favouritism that could cast a shadow over the electoral process.


This intervention comes at a delicate time for Maharashtra, where the Shiv Sena and NCP splits have upended the traditional electoral dynamic. Besides the BJP and the Congress, the election has devolved into a four-way fight: the Thackeray-led Shiv Sena (UBT) faces off against Shinde’s BJP-backed faction, while Sharad Pawar’s NCP battles with his nephew Ajit Pawar’s pro-Mahayuti wing. In such a polarized context, perceptions of neutrality carry weight. By transferring Shukla, the ECI has signaled its commitment to an even-handed election, despite the unavoidable optics of institutional bias in a complex field.


Whether this move will convince Maharashtra’s voters of the ECI’s neutrality remains to be seen. But by removing Shukla, the Commission has shown that it is, at least, keenly aware of its need to be perceived as impartial in a climate where perceptions overshadow intent. The question is whether the Commission can maintain this perception through the final act of what promises to be one of Maharashtra’s most watched electoral contests.

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