Wednesday, September 30, 2015

Cidco tender plots go at high bids in New Panvel

NAVI MUMBAI: Six land tender plots of City and Industrial Development Corporation of Maharashtra Limited (Cidco) were sold to the highest bidders in the range of Rs 81,000 to Rs 1.31 lakh per sq metres in New Panvel today. 

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Close to 35 real estate developers had bid for these residential-cum-commercial plots in various sectors of New Panvel. It once again shows the demand for realty in the satellite city

The secretary of Navi Mumbai chapter of Maharashtra Chamber of Housing Industry (MCHI) Manohar Shroff, commented: "The fact that these six tender plots have been sold at a decently high price range, once again shows that this is due to the various developments in the city, especially the upcoming Navi Mumbai International Airport." Shroff added that earlier this year in May, Cidco had sold tender plots in Nerul for as high as Rs 2.82 lakh per sqft, as the Nerul node is of prime real estate value. 

Details of the latest New Panvel land bids are as follows. Plot number 15 in sector 6 of area 12976sqm sold to highest bidder Shree Hari Enterprises for Rs 1.25 lakh per sqm. 

Plot number 19 in sector 17 of area 2586sqm sold to Satguru Infra Projects for Rs 1.12 lakh per sqm. 

Plot number 85 in sector 17 of area 2242sqm sold to TPV Life Space company for Rs 1.30 lakh per sqm. 

Plot number 87 in sector 17 of area 2200sqm sold to TPV Life Space company for Rs 1.33 lakh per sqm. 

Plot number 19 in sector 17 of area 500sqm sold to Meghdoot Infra Projects for Rs 81,300 per sqm. And finally, Plot number 20 in sector 7 of area 500sqm sold to Sai Ram real estate company for Rs 81,313 per sqm.

Source - TOI

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