In Navi Mumbai, the City and Industrial Development Corporation (CIDCO) debuted 7,849 reasonably priced apartments as part of its mass housing program on Monday. Eknath Shinde, the chief minister of Maharashtra, stated in a video message for the occasion that CIDCO launches flats in Navi Mumbai and it is the premier company in the nation for offering affordable homes to individuals from all economic strata.
At Bamandongari, Kharkopar (east) 2A, Kharkopar (east) 2B, and Kharkopar (east) P3 in Ulwe node of Navi Mumbai, 7,849 cheap flats have been made accessible to residents from the economically weaker section (EWS) under the Mass Housing Scheme. Applications for this program may be submitted online beginning on Tuesday.
On the auspicious occasion of Diwali, our mass housing program has provided the chance to purchase a home in the well-connected Ulwe node “Dr. Sanjay Mukherjee, vice-chairman and managing director of CIDCO, remarked.
Why do people choose Navi Mumbai for residential and commercial property?
The value of real estate in Mumbai has been rising for some time, and things can only get better from here. Which real estate markets will have the most value growth over the coming years? Navi Mumbai, the country’s financial hub, is without a doubt an attractive location for many potential buyers.
After all, both the city and the suburbs provide a variety of distinctive amenities, from luxury apartments to lavish bungalows. Mumbai, the capital of the country, attracts numerous individuals every year with its array of employment options. This continual migration is one of the key elements influencing the city’s thriving housing market.
That’s the only reason people choose Navi Mumbai for their investment in real estate property. With this, CIDCO offers a valuable project to invest in real estate property in Mumbai.
The entire scheme’s processes will be carried out openly online. On January 19, 2023, a computerized drawing will be conducted for the program. In the press announcement, Sanjay Mukherjee, Vice Chairman and Managing Director of CIDCO, stated that the development of CIDCO’s Navi Mumbai International Airport will give Ulwe “huge importance in the future.”
Ulwe is a Navi Mumbai node that is quickly growing and well connected to Mumbai and the surrounding regions so you can buy 2 BHK flats in Mumbai. On the Nerul-Uran railway route, housing complexes under the mass housing plan would be connected to Kharkopar and Bamandongri railway stations.
The projected Mumbai Trans Harbour Link (MTHL) will connect Mumbai with the Ulwe node. The Ulwe node is also close to the Navi Mumbai International Airport, which is being built by CIDCO. Basic amenities including schools, colleges, hospitals, and other healthcare services are present near housing complexes.
Describe the EWS category:
Families with an annual income of Rs. 4.5 lakh in the rest of the state or Rs. 6 lakhs in the Mumbai, Pune, and Nagpur Metropolitan Regions are eligible to purchase a home under the EWS category, according to the Maharashtra Housing Department.
Model dwellings for Transit-Oriented Development:
Maharashtra Chief Minister Eknath Shinde, who is also in charge of the Urban Development Department, said in a video message at the announcement that CIDCO is a leader in delivering affordable homes to people from diverse economic strata.
7,849 flats have been made accessible to EWS category inhabitants at Bamandongri, Kharkopar East 2A, Kharkopar East 2B, and Kharkopar East P3 in Ulwe node under the project based on the idea of transit-oriented development. Through CIDCO’s Mass Housing Scheme, the chance has once more presented itself to provide thousands of families with a place to call home.
Conclusion:
Well, as a real estate consultant in Mumbai, CIDCO’s new flats in Mumbai are available for you, if your finances and travel options are limited. Although property costs may appear frightening, correctly stated demands will enable you to narrow down your choices to those that are ideal for you and your family.
We are here to assist you in finding the ideal house for you and your family. Contact us soon with your budget-friendly plan and buy a flat in Mumbai.
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