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Navi Mumbai: CIDCO Cancels Allotment of 16 Plots Worth Rs 2,000 Crore in Major Crackdown

By Amit Srivastava | Updated: April 9, 2025 16:50 IST

In a decisive move against defaulters, the City and Industrial Development Corporation (CIDCO) has cancelled the allotment of 16 ...

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In a decisive move against defaulters, the City and Industrial Development Corporation (CIDCO) has cancelled the allotment of 16 prime plots across Navi Mumbai after plot holders failed to initiate or complete construction within the mandatory four-year period. The plots, spread across key nodes such as Airoli, Kopar Khairane, Vashi, Nerul, Belapur, Kharghar, and Dronagiri, cover a total area of 62,000 square metres and carry a combined market value of approximately ₹2,000 crore.

As per the Navi Mumbai Disposal of Lands (Amendment) Regulations, 2008, all land allotted by CIDCO is leased with a clause requiring construction to be completed and occupancy certificates obtained within four years. Extensions are permitted with additional charges, and CIDCO had even launched an amnesty scheme offering a 50% concession on Additional Lease Premium (ALP) and service charges. However, most plot holders failed to avail this benefit before the March 31, 2025 deadline.

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CIDCO officials revealed that despite repeated notices from the estate department, the defaulters neither paid the required charges nor applied for occupancy certificates. Some plots had been lying vacant for over 10 to 15 years. Of the ₹900 crore due in ALP and service charges, CIDCO managed to recover only around ₹100 crore under the amnesty scheme.

“The lease agreements were reviewed, and notices were served to those in violation. As there was no response or compliance, CIDCO has terminated the leases of 16 plot holders with effect from April 1,” confirmed the Public Relations Department of CIDCO.

In one instance, a housing society in Kopar Khairane constructed a building and began using it despite not obtaining an occupancy certificate. In another case, a Nerul-based society allegedly sold its plot without initiating any development.

CIDCO has now begun the process of physically taking back possession of the defaulted plots, signaling a firm stance on non-compliance and sending a strong message to other plot holders across the city.

Tags: City and Industrial Development CorporationCidcoAiroliBelapurNavi Mumbai NewsReal Estate
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