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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.

Safety Mirage

It has been a year since Badlapur was convulsed by the Akshay Shinde case, a chilling reminder of how vulnerable children remain even in supposedly safe educational spaces. Shinde, accused of sexually assaulting two schoolgirls, was killed in a murky police encounter while being taken for questioning. The sordid episode forced the state government to promise sweeping reforms. A year on, those promises look less like systemic safeguards and more like theatre.


State government authorities have been quick to trumpet new measures like Police Clearance Certificates for school staff, surprise inspections and CCTV cameras in classrooms and on paper. While the system resembles an airtight fortress of vigilance, the fortifications are hollow in practice as shocking misdemeanours continue unchecked in schools and varsities across Maharashtra.


The Sangli rape case in May exposed just how little has changed in the culture of safety. A 22-year-old medical student was drugged and assaulted by her classmates. If universities, which ought to nurture mature professionals, cannot protect their own students, what hope is there for schoolchildren?


In Nashik, the rot is even starker. A school inspection this April revealed knives, chains, condoms and playing cards in the bags of pupils as young as 12. The discovery shocked even jaded inspectors, but instead of grappling with the underlying breakdown in supervision and discipline, officials offered another round of pious statements about ‘safety awareness.’


Nashik was rocked again earlier this month when a 15-year-old boy was beaten to death by his classmates over a dispute about seating in a tuition class. A trivial quarrel escalated into a fatal assault in full view of a teacher and other students.


These incidents puncture the government’s carefully cultivated narrative of reform. Rather than a serious re-engineering of student safety, what Maharashtra has delivered is cosmetic compliance. CCTV cameras, often installed haphazardly, are as effective as scarecrows in deterring predators. Awareness workshops only amount to tick-box exercises when predators lurk within institutions or when teachers themselves prove incapable of handling conflict among students.


After Badlapur, the state could have instituted transparent audits of schools, mandatory reporting of safety breaches and legal liability for institutions that fail to protect students. Instead, responsibility has been dispersed so widely that no one is to blame when the next outrage erupts. A state that fails to protect its students is one that has normalised neglect. The casual brutality of Nashik’s classroom killing is a symptom of the erosion of values within schools. Maharashtra’s rulers are fond of announcing grand schemes, but the gap between promise and reality has rarely been so stark.


The anniversary of Badlapur ought to have been an occasion for redoubled commitment. Instead, it reveals a state content to confuse surveillance with safety and tokenism with reform. The mirage of protection may satisfy bureaucrats. It will not bring back the children whose lives were shattered because those tasked with protecting them preferred optics to action.

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