State Agencies Outline Infrastructure Push To Drive Maharashtra Toward USD 1 Trillion Economy
Senior officials from key Maharashtra development corporations on Thursday (February 19, 2026) highlighted ongoing infrastructure expansion as central to the State’s plan to become a USD 1 trillion economy by 2030. Speaking at the Global Economic Cooperation 2026 summit organised by the Future Economic Cooperation Council, representatives from the Maharashtra State Road Development Corporation, City […]
RMZ Partners MMRDA, CIDCO To Enable USD 30 Billion Investment Pipeline In Mumbai region
January 23, 2026: RMZ has entered into a strategic investment partnership with the Mumbai Metropolitan Region Development Authority (MMRDA) and the City and Industrial Development Corporation of Maharashtra (CIDCO) to facilitate up to USD 30 billion in infrastructure and real estate investments across the Mumbai Metropolitan Region (MMR) over the next decade. The collaboration was […]
Stamp Duty Not Leviable On Agreement To Lease Without Present Demise: Bombay High Court
December 30, 2025: The Bombay High Court has ruled that stamp duty cannot be imposed on an agreement to lease by presuming an intention to create a lease at a future date when the document itself does not bring about a present transfer of property rights. The Court clarified that an agreement which only allows […]
CIDCO Pushes Ahead With Large-Scale “International Educity” In Navi Mumbai
December 10, 2025: Kundevahal in Panvel will soon host a 100-hectare “International Educity”, as CIDCO has fast-tracked land development and started the e-tendering process. The project aims to transform the area into a global education hub, combining world-class education, healthcare, sports, and skill-development facilities. CIDCO’s Vice-Chairman and Managing Director Vijay Singhal called Educity a “ground-breaking […]
Metro Line 8 to Connect CSMIA with Navi Mumbai International Airport
The state government, through CIDCO, has finalised the alignment for Metro Line 8, connecting Chhatrapati Shivaji Maharaj International Airport (CSMIA) with the Navi Mumbai International Airport (NMIA). The corridor will create the first continuous internal metro network across multiple Navi Mumbai suburbs, with 11 stations planned within city limits. After crossing the Vashi Creek bridge […]
CIDCO Opens EOI for India’s First Major Indoor Live Entertainment Arena in Navi Mumbai
Navi Mumbai’s ambition to become India’s next live entertainment hub has gained momentum with CIDCO issuing an Expression of Interest (EOI) for a landmark multi-purpose indoor arena. The EOI is available online from 9 to 30 December 2025 with submissions closing at 5:00 pm IST. The planned arena is inspired by iconic global venues such […]
How Navi Mumbai Is Evolving From Satellite City To Self-Sustained Metropolis
November 13, 2025: Spread across 344 square kilometres—three times the size of Paris—Navi Mumbai stands as the world’s largest planned city and a rare example of urban design keeping pace with growth. Conceived in the 1970s by Maharashtra’s planning agency CIDCO, it was envisioned as a counterbalance to an overburdened Mumbai—meant to decongest, decentralise jobs, […]
Ulwe Coastal Road 60% Complete, Set To Transform Navi Mumbai Connectivity
November 12, 2025: The Ulwe Coastal Road — a key infrastructure link between the Mumbai Trans Harbour Link (Atal Setu) and the upcoming Navi Mumbai International Airport (NMIA) — has achieved about 60 per cent completion, according to the City and Industrial Development Corporation (CIDCO). The six-lane, seven-kilometre corridor is emerging as a vital connector […]
Maharashtra Sets Up Panel To Unify Metro Rail Operations Across MMR
November 11, 2025: In a major move to streamline metro rail operations across the Mumbai Metropolitan Region (MMR), the Maharashtra government has formed a high-level committee to integrate multiple metro agencies under a single unified authority. The committee, chaired by Sanjay Mukherjee, Metropolitan Commissioner of the Mumbai Metropolitan Region Development Authority (MMRDA), will examine the […]
Navi Mumbai Activists Raise Alarm Over Alleged Plan To Reclaim Lotus Lake For Real Estate Development
November 08, 2025: Environmentalists in Navi Mumbai have voiced strong opposition to what they describe as an attempt by CIDCO to “bury” the three-hectare Lotus Lake in Nerul under the guise of real estate development. Despite State Forest Minister Ganesh Naik’s public reprimand of CIDCO officials, activists claim that the agency has failed to act […]