CIDCO hsg scheme allottees protest against high prices, smaller area
Hindustan TimesNavi Mumbai: A massive protest was held in Vashi on Tuesday by allotees of apartments under the City and Industrial Development Corporation’s mass housing scheme, My Preferred CIDCO, over escalated prices and reduced size of allocated flats. “CIDCO should reduce prices of flats by at least 30%,” said MNS Navi Mumbai chief Gajanan Kale. Around 8,000 of the 21,000 applicants who paid the booking amount did not choose a preferred location and were allocated flats based on availability, said CIDCO officials. Advocate Asmita Tevar, who has been allotted a flat near Vashi truck terminus said, “If we could afford flats worth ₹1 crore, why would we wait for years for a CIDCO scheme?” He said that while private developers purchase land at high prices, CIDCO got land “for peanuts” in the 1970s.
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‘We have been defrauded’: Cidco home applicants protest high prices, poor locations
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