BLOG DETAILS
The City and Industrial Development Corporation (CIDCO) has issued Corrigendum No. 01 for its Scheme No. MM/51/2026-27 , announcing significant changes to the ongoing lease auction of 83 plots across various nodes of Navi Mumbai . The authority has extended the application deadline , revised the auction schedule, deleted selected plots from the scheme, and updated details of a major Residential-Cum-Commercial (R+C) plot in Kharghar .
The original scheme was published on June 16, 2026 , and the latest corrigendum provides additional time for prospective bidders to complete registration and participate in the e-auction.
Interested applicants now have additional time to participate in the CIDCO Plot E-Auction 2026 .
NOTICE
| Activity | Earlier Date | Revised Date |
|---|---|---|
| Last date for online application, EMD payment and processing fee for e-Tender | July 13, 2026 (11:59 PM) | July 28, 2026 (11:59 PM) |
| Last date for submission of closed bids | July 13, 2026 | July 28, 2026 |
| Last date for online application, EMD payment and processing fee for e-Auction | July 14, 2026 (12:00 PM) | July 29, 2026 (12:00 PM) |
| e-Auction Date | July 14, 2026 | July 29, 2026 (11:00 AM–6:00 PM) |
| Publication of Results | July 15, 2026 | July 30, 2026 (3:00 PM) |
As part of the corrigendum, 11 plots have been deleted from Scheme MM/51/2026-27 .
Five Residential-Cum-Commercial (R+C) plots have been withdrawn from Sector-27, Pushpak Node .
| Plot No. | Area (Sq. M.) | Use | FSI |
|---|---|---|---|
| C-01 | 4,999.62 | R+C | 2 |
| C-02 | 3,009.45 | R+C | 2 |
| C-03 | 3,179.53 | R+C | 2 |
| C-10 | 3,500.00 | R+C | 2 |
| C-11 | 3,999.33 | R+C | 2 |
The remaining deleted plots are located in New Panvel (East) and Kalamboli .
CIDCO has also revised the details of an important Residential-Cum-Commercial plot located in Sector-5A, Kharghar .
| Particular | Earlier | Revised |
|---|---|---|
| Plot Number | Plot No. 9 | Plot Nos. 6 & 9 (Amalgamated) |
| Plot Area | 8,602.85 sq. m. | 15,824.25 sq. m. |
| Base Rate | ₹2,86,000 per sq. m. | ₹2,42,000 per sq. m. |
| Earnest Money Deposit (EMD) | ₹7,38,12,453 | ₹11,48,84,055 |
The revised plot offers a significantly larger land parcel after amalgamation while the base rate per square metre has been reduced , making it one of the prominent offerings under the current auction.
CIDCO has reiterated several important conditions applicable to the revised Kharghar plot.
The auction includes lease rights for plots meant for:
These plots are located across multiple Navi Mumbai nodes , offering opportunities for developers, investors, commercial establishments and logistics operators.
Eligible applicants can complete online registration, submit applications, pay the Earnest Money Deposit (EMD) and participate in the electronic auction through the official CIDCO e-Auction portal before the revised deadlines.
With the application deadline extended until July 28, 2026 , CIDCO has provided additional time for interested buyers to participate in one of Navi Mumbai's major land lease auctions . While the authority has withdrawn 11 plots from the scheme, it has simultaneously enhanced the offering in Kharghar by merging two plots into a larger parcel with a revised pricing structure. Investors planning to bid should carefully review the corrigendum and updated schedule before submitting their applications.
NAVI MUMBAI: The City and Industrial Development Corporation (CIDCO) has announced a major e-Tender-cum-e-Auction for 83 leasehold plots across several prominent locations in Navi Mumbai , offering attractive opportunities for homebuyers, real estate developers, commercial investors and logistics operators .
The auction includes Residential, Commercial, Residential-cum-Commercial (R+C), Storage and Warehousing plots located in Ghansoli, Koperkhairane, Dronagiri, Ulwe, Kharghar, Taloja, Kamothe, Kalamboli, New Panvel (East & West) and Pushpak Nagar . The online auction aims to facilitate planned urban development while ensuring a transparent and competitive land allotment process.
CIDCO has adopted a two-stage bidding system comprising a confidential Close Bid followed by a Live e-Auction . After the Close Bid stage, eligible bidders can improve their offers during the online auction. The successful bidder will be determined based on the highest value between the Close Bid and the Live e-Auction bid . During the auction, bids can be increased only in multiples of ₹1,000 per square metre .
The auction offers a wide range of development opportunities. Residential plots are available in Ghansoli, Kharghar, Kalamboli, Taloja and New Panvel , while Commercial and Residential-cum-Commercial (R+C) plots are located in Ulwe, Kharghar, Kamothe, Pushpak Nagar and Dronagiri . Large Storage and Warehousing plots in Dronagiri are expected to attract logistics, warehousing and industrial businesses due to the area's strategic location.
Successful bidders will have to pay the remaining Lease Premium in two instalments after adjustment of the EMD . Besides the bid amount, allottees will also be responsible for GST, Stamp Duty, Registration Charges, Lease Rent and other applicable statutory charges . CIDCO has clarified that every plot is being allotted strictly on an "As Is Where Is" basis, and bidders are advised to inspect the site before submitting their bids.
The notification also states that obtaining all necessary statutory approvals, including Environmental Clearance, Coastal Regulation Zone (CRZ) permissions, Airport Authority approvals and Railway Authority No Objection Certificates (NOCs) , wherever applicable, will be the responsibility of the successful allottee. Any failure to comply with payment schedules or lease conditions may result in cancellation of the allotment and forfeiture of the Earnest Money Deposit .
| Event | Schedule |
|---|---|
| Close Bid Submission Ends | July 13, 2026 |
| Live e-Auction | July 14, 2026 (11:00 AM – 6:00 PM) |
| Result Declaration | July 15, 2026 (3:00 PM) |
| Area | Number of Plots | Land Use |
|---|---|---|
| Ghansoli | 3 | Residential |
| Koperkhairane | 1 | Residential |
| Dronagiri | 7 | Warehousing, Storage, R+C |
| Ulwe | 1 | Commercial |
| Kharghar | 13 | Residential & R+C |
| Taloja | 5 | Residential & R+C |
| Kamothe | 2 | R+C |
| Kalamboli | 21 | Residential |
| New Panvel (West) | 1 | R+C |
| New Panvel (East) | 25 | Residential |
| Pushpak Nagar | 4 | R+C |
To make a valid offer under this scheme, bidders must belong to one of the following categories:
Individuals competent to contract under the Indian Contract Act, 1872 .
Companies registered under the Indian Companies Act, 1956 or 2013 .
Partnership firms registered under the Indian Partnership Act, 1932 .
Limited Liability Partnerships (LLP) .
Registered Charitable Trusts or Societies (under the Societies Registration Act, 1860 or Cooperative Societies Act, 1912).
Unregistered entities or proposed firms (which will be classified and treated as individual applicants ).
Note: Non-Resident Indian ( NRI ) account holders are not eligible to apply.
To participate, applicants must follow a structured online procedure:
Step 1: Registration: Bidders must register on the CIDCO portal using details including Full Name, PAN Card, Aadhaar Card, Email ID, Mobile Number, and Bank Details (including a scanned copy of a cancelled cheque). Bidders cannot register using another person's bank account, and duplicate bank details across different registrations will lead to bid cancellation.
Step 2: Login Verification: Access the dashboard using registered credentials verified via a secure One-Time Password (OTP).
Step 3: Pay Fees: Submit a non-refundable e-Tender Processing Fee of Rs. 1,000 + applicable GST , alongside the plot-specific Earnest Money Deposit (EMD) .
Step 4: Submit Close-Bid: Enter the best price or offer in advance. Close-bid details remain hidden from other bidders. The system allows a one-time withdrawal and resubmission of this close bid.
Step 5: Live e-Auction: Bidders can log in during the scheduled window to bid in multiples of Rs. 1,000 per sq.m.
Step 6: Final Comparison: At the close of the process, CIDCO will compare the highest bid from the close-bid phase against the highest bid from the e-auction. The highest of the two offers will be declared the successful bid.
Bid Validity: Bids must remain valid for 90 days from the date of the bid opening.
EMD Refunds: Unsuccessful bidders will receive their EMD back without interest directly to the source bank account. If a plot receives fewer than three bids, CIDCO reserves the right to delay or decide on the final allotment.
Payment Structure: The successful bidder must pay the agreed lease premium in two equal installments as specified in the allotment letter.
Extensions & Interest: Extensions for payment may be granted under exceptional circumstances by the Managing Director (up to 3 months for the first installment, and up to 10 months for the second installment). This delayed payment is subject to an interest charge ranging between 15.00% and 15.15% per annum .
TDS Compliance: If the final bid amount exceeds Rs. 50.00 lakhs , the successful bidder is responsible for paying the applicable Tax Deducted at Source ( TDS ) to the Income Tax Department.
Lease Execution: Successful bidders must execute the Agreement to Lease and take possession of the plot within 30 days of full payment. Failure to do so may result in the forfeiture of the EMD and 25% of any installments paid.
CRZ Areas: For plots affected by the Coastal Regulation Zone ( CRZ ), allottees are solely responsible for obtaining the requisite environmental clearances from local authorities and the Ministry of Environment, Forest and Climate Change (MoEF).
