low-cost homes: CIDCO slashes rates in navi mumbai by 10%
NAGPUR, Dec. 14 -- There is relief in store for homebuyers in Navi Mumbai, with deputy chief minister Eknath Shinde on Saturday announcing a flat 10% reduction in prices of housing units built by the City and Industrial Development Corporation (Cidco).
Shinde, who also holds the urban development and housing portfolios, made the statement in the Maharashtra Legislative Council, underscoring that the price cut would apply across all Cidco housing categories -- a move aimed at making government-built homes more affordable for citizens. Cidco has constructed around 17,000 homes across key Navi Mumbai nodes, said Shinde. P5...
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