Chirle, Uran 22.5 % CIDCO Land Acquisition
CIDCO and MMRDAs 22.5% Land Scheme: A Path to Urban Growth and Investors Profit
CIDCO (City and Industrial Development Corporation of Maharashtra) has been involved in land acquisition in various areas, including Chile village in Uran, to support infrastructure development and urban planning. The acquisition aims to facilitate projects such as residential and commercial developments, as well as the establishment of industrial zones.
Key points regarding CIDCOs land acquisition in Chile village may include:
Purpose: The land is typically acquired for urban development, housing projects, and industrial growth to accommodate the increasing population and economic activities in the region.
Compensation: Landowners have received compensation of 22.5% developed plot in Ulwe new sectors.
Government Policies: The acquisition is guided by government policies aimed at promoting planned development while ensuring compliance with legal frameworks.
Local Infrastructure: The developments can enhance local infrastructure, including roads, utilities, and public services, potentially benefiting the community.
CIDCO and MMRDA 22.5% Scheme: How Agricultural Landowners and Investors Benefit from Urban Development
The CIDCO and MMRDA 22.5% Scheme (also referred to as the 22.5% Land Development Scheme) is a strategic urban development policy aimed at promoting the transformation of agricultural land into urban or industrial spaces in the Mumbai Metropolitan Region (MMR).
This scheme is particularly beneficial for farmers and investors who want to take advantage of the increasing demand for urban infrastructure and the resulting rise in land value.
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