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In Navi Mumbai, a site sold for a record-breaking Rs. 5.54 lakh per square metre

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On Monday, one of the 28 plots put up for sale by the City and Industrial Development Corporation (Cidco) Navi Mumbai got a staggering Rs 5.54 lakh per square metre, setting a new record for the city’s real estate market. This was over five times the reserve base price that Cidco had established at Rs. 1.14 lakh per square metre. According to Nauzer K. Bharucha, the price for the about 1.3-acre (5,526 sq m) site situated at Sector 20, Palm Beach Road, Sanpada, comes to Rs 306 crore. Dinesh Pasoria of DPVG Ventures is the builder who won the bid. According to his partner Yogesh Thakker, this is the last of the sought-after sea-facing sites on Palm Beach Road.

Because of this, it fetched a record price. Cidco will get Rs 1,365 billion from the sale of 28 plots On Monday, 28 plots were sold through an online auction in Navi Mumbai, bringing Cidco over Rs 1,365 crore. One of them sold for Rs. 5.54 lakh per square metre in Sector 20, Palm Beach Road, Sanpada. Dinesh Pasoria of DPVG Ventures is the function Object() { [native code] } who received the contract. Yogesh Thakker, his business partner, told TOI that they had not yet decided whether to use the site for residential or commercial reasons. Sanjay Mukherjee, Cidco’s VC and MD, declared that it was a record. It’s a testament to Cidco’s transparent bidding-cum-e-auction procedure and the market’s trust in the company’s development initiatives, he continued.

CREDAI-MCHI (Raigad) founder and president Raajesh Prajapati said, “Following the resolution of the majority of construction-related obstacles in the Navi Mumbai region, as well as the construction of a new airport and the Mumbai Trans Harbour Link, there has been a significant increase in demand for properties in this area. Customers are continuing to understand the significance of maximising their investments in Navi Mumbai as the region provides a variety of prospects.” Added he, “We think that demand will increase and that additional buyers and investors who were debating whether to buy or not would feel more confident as a result of the record-breaking bid. We foresee a lot more investments in Navi Mumbai since more projects are anticipated to acquire occupancy certifications.”

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The Tenth Tata Mumbai Marathon Was Completed By NMMC Commissioner

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Dr. Kailas Shinde, Commissioner of the Navi Mumbai Municipal Corporation (NMMC), has accomplished a remarkable feat by finishing the Tata Mumbai Marathon for the ninth year in a row.

Thousands of runners from all around the world attended this year’s marathon, which was held on Sunday to commemorate the famous event’s 20th anniversary. Dr. Shinde further demonstrated his dedication to endurance and fitness by finishing the difficult 42.195 km race in an astounding 4 hours, 29 minutes, and 12 seconds.

As evidence of his commitment to regular training and preparation, Dr. Shinde maintained a constant pace of 6 minutes and 23 seconds per kilometer throughout the marathon, which started at 5:00 a.m. at Chhatrapati Shivaji Maharaj Terminus in Mumbai.

This year’s achievement comes after Dr. Shinde’s outstanding performance in the Comrades Marathon, an ultramarathon in South Africa, when he exceeded the time limit by finishing the 86.6 km route in 11 hours, 10 minutes, and 56 seconds. His reputation as a focused and dedicated athlete was further solidified by this accomplishment.

Dr. Shinde has continuously put his training first despite his hectic administrative job and rigorous schedule, demonstrating that amazing outcomes are possible when hard effort, goal-setting, and preparation are balanced. In addition to reflecting his own accomplishments, his love of running provides as motivation for leading a healthy lifestyle.

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Residents Of Kharghar Express Concern Over The Increasing Number Of Roadside Shops And Encroachments

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Residents of Kharghar are raising serious concerns over the growing encroachments and unauthorized shops in Sectors 30 to 40, which are causing inconvenience and safety issues. Locals have shared photographs showing illegal roadside stalls selling clothes, fruits, coconuts, and snacks, taking over footpaths and parking spaces.

One image shows a clothing shop operating from a car boot, while another captures coconut vendors blocking a busy intersection. A third photo highlights a snack stall covered with plastic sheets, further restricting pedestrian movement, especially under the newly constructed metro bridge.

Frustrated residents say these illegal setups are disrupting daily life. “We pay taxes for planned infrastructure, but these encroachments create chaos,” said Radhe Trivedi, a local.

Arvind Pawar, another resident, said multiple complaints to the Panvel Municipal Corporation (PMC) and CIDCO have seen little action. “We need stricter enforcement to remove illegal hawkers and restore order,” he added.

Citizens have taken to social media to highlight the issue, tagging government officials, including the Chief Minister’s Office of Maharashtra and MLA Prashant Thakur, demanding intervention.

Resident Lalita Iyer emphasized the need for long-term solutions to prevent future encroachments and protect Kharghar’s planned urban development.

With growing pressure from residents, authorities are now being urged to take immediate and strict action to remove these unauthorized commercial activities and restore public spaces to their proper use.

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The Marathi Language Conservation Fortnight Is Being Celebrated By NMMC With A Self-Poetry Recitation Competition

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NMMC Hosts Self-Poetry Recitation Competition To Celebrate Marathi Language Conservation Fortnight.

The Competition

The Navi Mumbai Municipal Corporation (NMMC) held a self-poetry reciting competition to support officials’ and staff members’ poetic writing abilities. The occasion was a component of the two-week-long Marathi Language Conservation campaign.

Thirty-one poets took part in this event. From January 14 to January 28, the city government has organized a number of events to promote the Marathi language.

Ashok Gupte, a well-known poet and the grandson of the famed poet Bee, judged the self-poetry reciting competition. Gupte urged the poets to continue their commitment to producing high-caliber poetry. Despite their hectic work schedules, he commended the cops and staff for fostering their literary abilities.

The poet was especially grateful of the female staff members who had worked hard and passionately to develop their literary skills while juggling work and domestic duties. Gupte stressed the significance of delivery and presentation. He emphasized that there should be a natural rhythm and flow even in free verse poetry. According to an official, he encouraged contestants to keep competing, read quality poetry, and keep composing. During the occasion, Gupte also read a few of his own outstanding poetry.

The NMMC headquarters will host a lecture on “Mayboli Abhijat Marathi” by famous poet and writer Dr. Mahesh Keluskar. Navi Mumbai literature lovers are welcome to come and take part in this thought-provoking discussion.

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