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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.

Uncut Anthem

A country unsure of itself trims its symbols whereas a confident one restores them. By mandating the full six-stanza rendition of ‘Vande Mataram’ at official functions, the Modi government has chosen confidence and in doing so has exposed the Opposition’s chronic unease with India’s civilisational inheritance.


The original composition by Bankim Chandra Chatterjee which runs to three minutes and ten seconds will now be sung before the national anthem ‘Jana Gana Mana’ with attendees standing to attention. The Centre’s decision replaces an abbreviated version of ‘Vande Mataram’ that had, for decades, passed for prudence. A republic that reclaimed sovereignty in 1947 need not forever behave like a nervous caretaker of inherited anxieties.


The most vociferous objections have predictably emanated from the Trinamool Congress and the Congress, who have countered the move by stating that the BJP’s stance on Vande Mataram was clearly politically motivated, aimed at consolidating support ahead of the key Assembly election in West Bengal.


TMC leaders have accused the BJP of ‘rewriting history.’ But history is being restored in this instance. The six stanzas are not an afterthought foisted on the nation by a latter-day government. They were part of the song’s canonical life, sung and revered long before the Constituent Assembly opted for truncation in 1950. That decision, taken amid the raw politics of Partition, reflected a moment of fragility. It should not be fossilised as a permanent standard.


The Opposition’s argument collapses under its own weight. If the abridgement of ‘Vande Mataram’ was a pragmatic move to assuage minority sentiments, why treat its reversal as sacrilege? If the Bankim Chandra’s original song was genuinely offensive, then why did it animate generations of freedom fighters across Bengal and beyond, revolutionaries and moderates alike, who found in ‘Vande Mataram’ a shared obeisance to the motherland? The unflattering truth is that cultural compromise after Independence became a habit that masqueraded as principle. By mandating the complete song at constitutional occasions, the current government has signalled that national identity is not a negotiable add-on.


The political row also reveals a deeper problem with the Opposition which is an inability to distinguish pluralism from self-erasure. India’s nationalism has never been monochrome. It has absorbed languages, regions and traditions without dissolving its civilisational core. To sing all six stanzas of ‘Vande Mataram’ is not to exclude but acknowledge the sources from which the freedom movement drew its moral force. The goddess imagery that so agitates critics was never a demand for worship. It was a metaphor for belonging. The charge that the move is election-timed is thin. Cultural decisions, if they are to be taken at all, will always occur in political time.


Nations grow up when they stop apologising for their inheritance and start stewarding it. For too long, ‘Vande Mataram’ was reduced to an annual hashtag or a ceremonial chorus. Restoring it in full is a reminder that unity does not require amnesia. It requires honesty.

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