CIDCO announces Rs 16,250-crore budget
Indian Express·2h ago·Neutral
What Happened
CIDCO announced a Rs 16,250 crore budget for 2026-27, expecting revenue of Rs 16,250 crore and expenditure of Rs 16,150 crore, generating Rs 100 crore surplus. The corporation focuses on infrastructure, connectivity, and housing across Navi Mumbai. Projects include Metro lines 8, 1A, and 2; elevated corridor to airport; AeroCity, EduCity with ten global universities; MedCity; corporate park; logistics park; water projects. CIDCO will deliver 19,300 affordable homes in 2026-27.
Key Entities
CIDCONavi MumbaiRs 16,250 croreMetro line 8Navi Mumbai International AirportAeroCityEduCityMedCityVijay Singhal