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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.

The Plastic Trail to the Sea

Plastic does not simply disappear at sea — it drifts, accumulates and returns to us through the food.

Dear readers, as we continue our trail, let us now follow the journey of plastic waste from our rivers into the oceans. A significant share of the plastic polluting the world’s seas originates from just 10 countries. Topping the list is the Philippines, which is estimated to dump between 356,371 and 360,000 metric tonnes of plastic into the ocean every year.


Shockingly, Mera Mahan Bharat stands in second place. India is estimated to release between 126,513 and 130,000 metric tonnes of plastic into the ocean annually. The remaining countries in this list of the top 10 contributors are Malaysia, China, Indonesia, Myanmar, Brazil, Vietnam, Bangladesh and Thailand.


Oceans Matter

Ocean plastic pollution is a global tragedy for our seas and marine life. It is among the most pressing environmental challenges of our time, affecting nearly 900 marine species — from millions upon millions of microscopic planktonic organisms to countless sea creatures such as shrimps, prawns, lobsters and shellfish, many of which eventually form part of the seafood we consume.


It also harms both small and large fish, as well as turtles, seabirds and marine mammals, including whales, dolphins, dugongs, seals, walruses and sea lions. Yet the damage does not stop with marine life alone. Plastic pollution also introduces toxic contaminants into the food chain, ultimately reaching humans as well.


The oceans are among the most vital ecosystems on Earth, sustaining human beings and countless other living organisms, both directly and indirectly. They provide food and livelihoods to millions of people across the world, and their importance extends far beyond seafood alone. Virtually all of the planet’s plants and animals depend, in one way or another, on the global water cycle — a system driven largely by the oceans. Through the movement of water, wind and weather, the oceans help create the stable climatic conditions needed to grow crops on land and support life across ecosystems.


Breath and Balance

The ocean’s upper layers are rich in plankton — tiny algae, bacteria, seagrasses and other organisms that carry out photosynthesis and release oxygen in the process. One microscopic species of bacteria, Prochlorococcus, is so abundant that scientists estimate it produces around 20 per cent of the Earth’s oxygen. In other words, every fifth breath we take may well come from the sea.


The oceans also regulate weather patterns, absorb excess heat and trap carbon dioxide, helping to moderate the effects of climate change. Coastal ecosystems such as mangroves, seagrass meadows and salt marshes, along with coral reefs and sand dunes, act as natural barriers that protect vulnerable communities from storm surges and coastal erosion.


Together, these and many other ecosystem services provide immense environmental, social and economic benefits. Yet plastic pollution is now emerging as one of the major threats that is steadily eroding the value of these services and undermining the life-support systems that oceans provide.


Plastic Gyres

More than half of all plastic waste is less dense than water, which means it remains afloat after entering the sea. Instead of settling to the seabed, it can travel across vast distances on the ocean’s surface.


The lighter and more buoyant plastics drift far from shore, carried by winds and powerful ocean currents. Over time, they are drawn into converging current systems and gradually swept into large offshore accumulation zones, where they gather in enormous quantities.


Scientists have identified five major plastic accumulation regions in the world’s oceans. These are formed within large oceanic gyres—vast circular systems of rotating currents that trap floating marine debris and create what are often described as enormous “garbage patches”.


The five major gyres are the North Pacific Gyre, the South Pacific Gyre, the North Atlantic Gyre, the South Atlantic Gyre and the Indian Ocean Gyre. More on this in my next article. Have a nice weekend!

(The author is an environmentalist. Views personal.)

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