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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.

Warriors of the NIght

Updated: Oct 22, 2024

We name our daughters Durga, Lakshmi and Saraswati; we worship the divine feminine power in the temples but oppress, repress and even attack the feminine power amidst us. That is the irony in the way India sees its women.

After the safety of the daylight fades, women are seen as easy prey by the predators of the night.

We mark the nine nights of Navratri, the festival of the goddess, by celebrating the dedication and valour of nine real-life women who brave the challenges of the night to pursue their dreams.


PART - 1

Brave Shooter

VEENA GOKHALE CONTINUES TO SHINE AMID ERRATIC SCHEDULES AND LATE NIGHTS

Brave Shooter

Thirty-five years ago, when Veena Gokhale, 55, chose to be a photographer, her presence at events, heavy camera equipment perched on her shoulder, met with surprise. Undeterred by erratic schedules and late nights, she’s made a mark in the world of photography—from movies to weddings and events with more than 4000 weddings and 12 Marathi movies in her portfolio. “My profession has a new work schedule everyday. Late nights are frequent and sometimes stretch into the morning. My parents were worried about my marriage because everyone wanted a daughter-in-law who had fixed work timings. I refused to alter my career path to get someone to marry me,” she says. But life had other plans for her; at a wedding, she met a man who admired her passion and the two married. Her new family, she says, fully supported her passion. “My profession gave me my life partner too.”

While she’s rarely faced harassment at work, having “fortunately worked at weddings that involved well-behaved families”, she’s often boarded the last train at night after wrapping up a shoot. “The train used to be crowded, with the lady’s compartment full at capacity. That’s when I actually realised that I am not the only woman who is working at wee hours. Mumbai is full of such strong women, who fearlessly, and confidently set out in the middle of the night to do their shifts.”

Work challenges come in different forms and one such difficult shoot was at Mumbai’s Taj Mahal Palace hotel in 2008. This was just two months before the dastardly attack of 26/11. She had to secretly shoot the daughter of a ‘sheikh’ from Dubai. The girl insisted on a lady photographer who could enter posing as a friend, maintain her privacy and not allow even her father to know that she had got a photo shoot done. “She wanted to get casual and candid pictures of herself clicked in different looks and costumes. lace. The girl wanted the pictures for her personal happiness, and she dreaded the dire consequences that would follow if the family found out,” says Gokhale.

Gokhale took up the assignment and they shot without a break for seven hours. “While talking to her, I was constantly acknowledging to myself how blessed we Indian women were compared to many out there. While I was fearlessly filming her, she was scared to even share it with her own father,” recalls Gokhale. But the end came with a surprise, for Gokhale bumped into a six and a half feet tall man. “He was the girl’s father; I was sweating but avoided eye contact and quickly left,” she says.

Over the past three decades, Gokhale has shot 4000 weddings, concerts, corporate events and worked on films such as Sade Made Teen, Gaiir and Harishchandrachi Factory.

Did she face discrimination or surprise at her choice of career? Yes, she says. But Gokhale chose to ignore them. “When I started my career, photography was a laborious job involving holding heavy machines on both the shoulders. However, I chose not to enjoy unnecessary sympathy being a woman. Gokhale has shot prominent personalities like Amitabh Bachchan, Madhuri Dixit, Ustad Zakir Hussain and Pandit Hariprasad Chaurasia, among others.

The best way to counter male chauvinism, says Gokhale, is for women to stop treating themselves differently. “Stop inviting pity and praise out of sympathy. Trust yourself, be confident and treat yourself equal to men. Once you treat yourself equal to men, the sky’s the limit as life is one big pool of opportunities. This attitude will help combat male chauvinism, she says. Gokhale advises caution while out for work-be alert, be communicative and be aware of who to contact when in crisis. “A good assessment of risk factors and adequate precautions are a few things that need to be remembered,” she says. With that in mind, there’s no stopping a determined woman.

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