Economics Department

Functions of the Department are as follows:

Preparation of Project Report of each Node from time to time.
Fixation of "Reserve Price" of Balance Saleable Land of each Node based on Project Report or as a Marketing Strategy for each year.
Financial and Economic Viability study of each New Project.
Formulation of New Land Pricing Policy from time to time.
Fixation of Sale Price of CIDCO constructed tenements/shops etc. (based on the Final Completion Cost of Building
furnished by Engineering Section and Plot/B.U. area details furnished by Planning/Architectural Section).
Advising the Management on issues pertaining to land pricing etc.

Land Pricing

Land Pricing & Land Disposal Policy 2015
Revised Land Pricing & Land Disposal Policy-2018 for Select Social Service Uses
Revision in the Reserve Price of land in various Nodes/ Non-nodal area in the Navi Mumbai for the year 2016-17 (1st September 2016 to 31 March 2017.)
Revision in the reserve price of land in various nodes and surrounding areas in the Navi Mumbai for the year 2017-18 from 1st April 2017 to 31th March 2018
Revision in the reserve price of land in various nodes and surrounding areas in the Navi Mumbai for the year 2018-19 from 1st April 2018 to 31th March 2019
Revision in the reserve price of land in various nodes and surrounding areas in the Navi Mumbai for the year 2019-20 from 1st April 2019 to 31th March 2020
Reserve price of land in various nodes and surrounding areas in the Navi Mumbai for the year 2020-2021
Reserve price of land in various nodes and surrounding areas in the Navi Mumbai for the year 2021-2022
Reserve price of land in various nodes and surrounding areas in the Navi Mumbai for the year 2022-2023
Reserve price of land in various nodes and surrounding areas in the Navi Mumbai for the year 2023-2024