CIDCO has announced a major commercial property opportunity in Navi Mumbai with the sale of 144 shops and kiosks through an e-Tender-cum-e-Auction process.

The commercial properties are located across some of Navi Mumbai’s important and developing nodes, including Bamandongari in Ulwe, Sector 36 Kharghar, and Taloja Sector 34 and Sector 36.

According to the CIDCO advertisement, the scheme includes 140 shops and 4 kiosks, giving business owners, investors and eligible applicants an opportunity to acquire commercial premises in strategically located parts of Navi Mumbai.

The advertised rates start from ₹1,83,850 per sq. metre in Taloja, while the quoted rate is ₹2,15,290 per sq. metre in Kharghar and ₹3,04,006 per sq. metre in Bamandongari, Ulwe.

The online registration process is scheduled from 15 August 2026 to 30 August 2026, while the e-Auction is scheduled for 2 September 2026, according to the advertisement shared by CIDCO.

This article explains the complete scheme in detail.

CIDCO 144 Shops/Kiosks Scheme 2026-27 at a Glance

The above dates and rates are based on the CIDCO advertisement shown in the supplied image. Applicants should verify the latest official tender document before making any payment or bid.

What is the CIDCO 144 Shops and Kiosks Scheme?

CIDCO, the City and Industrial Development Corporation, has introduced this scheme for the sale of commercial shops and kiosks situated in different housing schemes and nodes of Navi Mumbai.

The purpose of the scheme is to provide commercial spaces that can support local businesses and commercial development in growing residential areas.

Unlike a conventional residential property booking, this scheme is being conducted through an e-Tender-cum-e-Auction process.

Therefore, interested applicants need to understand the registration, application, EMD, closed-bid and e-auction stages before participating.

How Many Shops and Kiosks Are Available?

The scheme offers a total of:

144 Commercial Units

This includes:

• 140 Shops
• 4 Kiosks

The units are distributed across six listed locations/plots.

The largest concentration of shops is in Taloja.

Out of the total 144 units, 120 shops are located across the four Taloja plots listed in the advertisement.

That makes Taloja the largest inventory cluster under this particular CIDCO commercial scheme.

Location-Wise CIDCO Shop Details

1. Bamandongari, Ulwe

The first location listed in the advertisement is:

Bamandongari, Ulwe

Available units:

• Shops: 12
• Kiosks: 0
• Total: 12 shops
• Advertised rate: ₹3,04,006 per sq. metre

Bamandongari is part of the rapidly developing Ulwe belt of Navi Mumbai.

The wider Ulwe region has attracted attention because of major infrastructure development around Navi Mumbai, including the Navi Mumbai International Airport ecosystem.

However, buyers should not assume that infrastructure growth automatically guarantees a particular return. Actual commercial performance will depend on location, visibility, surrounding occupancy, accessibility, business activity and other factors.

2. Swapnapurti Housing Scheme, Sector 36, Kharghar

The second location is:

Swapnapurti Housing Scheme, Sector 36, Kharghar

Available inventory:

• Shops: 8
• Kiosks: 4
• Total commercial units: 12
• Advertised rate: ₹2,15,290 per sq. metre

Kharghar is one of Navi Mumbai’s established residential and commercial nodes.

The presence of a significant residential population can create demand for neighbourhood-oriented businesses such as:

• Grocery stores
• Medical shops
• Cafes
• Salons
• Restaurants
• Service businesses
• Professional offices
• Convenience stores
• Small retail outlets

However, the permitted use of an individual CIDCO commercial unit must always be checked against the applicable allotment and planning conditions.

3. Taloja Sector 34, Plot No. 1

The advertisement lists:

Taloja Sector 34, Plot No. 1

Inventory:

• Shops: 20
• Kiosks: 0
• Total: 20 shops
• Advertised rate: ₹1,83,850 per sq. metre

This is one of the four Taloja locations included in the scheme.

4. Taloja Sector 34, Plot No. 6

The second Taloja location is:

Taloja Sector 34, Plot No. 6

Inventory:

• Shops: 32
• Kiosks: 0
• Total: 32 shops
• Advertised rate: ₹1,83,850 per sq. metre

With 32 shops, this is one of the larger individual inventories in the scheme.

5. Taloja Sector 36, Plot No. 1

The advertisement also includes:

Taloja Sector 36, Plot No. 1

Inventory:

• Shops: 39
• Kiosks: 0
• Total: 39 shops
• Advertised rate: ₹1,83,850 per sq. metre

This location has the highest number of shops among the individual locations listed in the advertisement.

6. Taloja Sector 36, Plot No. 2

The fourth Taloja location is:

Taloja Sector 36, Plot No. 2

Inventory:

• Shops: 29
• Kiosks: 0
• Total: 29 shops
• Advertised rate: ₹1,83,850 per sq. metre

Complete Location-Wise Inventory

Taloja Has the Largest Number of Shops

One of the most important points from this scheme is the concentration of inventory in Taloja.

The four Taloja locations together offer:

• 20 shops
• 32 shops
• 39 shops
• 29 shops

Total Taloja Shops = 120

This means approximately 83.3% of all commercial units under the scheme are shops located in the four listed Taloja plots.

For applicants specifically looking for a larger choice of commercial units, Taloja therefore represents the biggest inventory cluster in this scheme.

CIDCO Shop Prices: What Does ₹ Per Sq. Metre Mean?

The CIDCO advertisement provides rates on a per-square-metre basis.

The advertised rates are:

Taloja

₹1,83,850 per sq. metre

Kharghar

₹2,15,290 per sq. metre

Bamandongari, Ulwe

₹3,04,006 per sq. metre

These are not automatically the final total acquisition costs for every shop.

The actual amount payable will depend on the specific shop’s area and the financial conditions specified in the official tender documents.

Example of Basic Price Calculation

Suppose a Taloja shop has an area of 20 sq. metres.

The advertised Taloja rate is:

₹1,83,850 per sq. metre

Basic calculation:

20 × ₹1,83,850 = ₹36,77,000

So the mathematical value based only on the advertised rate would be:

₹36.77 lakh

But this should not automatically be treated as the final payable acquisition cost.

Applicants must separately verify:

• EMD
• Processing fee
• GST/taxes, if applicable
• Other statutory charges
• Documentation charges
• Maintenance-related charges
• Applicable CIDCO charges
• Payment schedule
• Other tender conditions

Therefore, the above calculation is only an illustrative example.

Why Are These Locations Important?

CIDCO’s advertisement highlights the strategic connectivity and infrastructure surrounding these locations.

The broader Navi Mumbai region is undergoing significant infrastructure development.

Important growth drivers include:

• Navi Mumbai International Airport
• Metro connectivity
• Railway connectivity
• Major roads
• Mumbai Trans Harbour Link
• JNPT connectivity
• Expanding residential development

CIDCO’s own project information also highlights major infrastructure and development initiatives across Navi Mumbai, including projects around Kharghar and other nodes.

These infrastructure developments can improve accessibility and support economic activity, but commercial property buyers should evaluate each individual unit rather than relying solely on the broader area’s growth story.

Why Taloja Could Attract Business Owners

Taloja has emerged as an important residential and industrial node in the Navi Mumbai region.

The scheme is particularly notable because all four Taloja locations have the same advertised rate:

₹1,83,850 per sq. metre

And together they provide:

120 shops

For business owners, the potential advantage of a commercial shop is that the property can potentially serve both as:

1. A place to operate a business, and
2. A long-term real estate asset.

However, the business model should be evaluated before bidding.

A shop with a lower acquisition price is not necessarily the best commercial property.

Visibility, footfall and customer catchment are often more important for an operating business.

Kharghar Commercial Property Opportunity

Kharghar is one of the better-established nodes in Navi Mumbai.

CIDCO’s development plans and infrastructure projects have historically included significant activity around Kharghar. CIDCO’s official information also describes major planned development such as the Kharghar Corporate Park and related transport-oriented development.

The current scheme includes:

8 Shops + 4 Kiosks

at:

Swapnapurti Housing Scheme, Sector 36, Kharghar

The quoted rate is:

₹2,15,290 per sq. metre

For an investor, the important question is not simply whether Kharghar is a good location.

The more relevant question is:

Is the specific shop being considered positioned well enough to generate sustainable commercial demand?

Bamandongari, Ulwe Commercial Opportunity

Bamandongari is located in the Ulwe growth corridor.

The scheme offers:

12 Shops

at an advertised rate of:

₹3,04,006 per sq. metre

Ulwe has received substantial attention because of infrastructure development and its relationship with the Navi Mumbai International Airport region.

For a commercial property buyer, however, airport proximity should be treated as one factor rather than a guaranteed investment return.

Before bidding, examine:

• Road access
• Visibility
• Nearby buildings
• Current population
• Occupancy levels
• Existing shops
• Competition
• Public transport
• Parking
• Future development
• Permitted commercial activity

Important Dates for CIDCO 144 Shops Scheme

According to the advertisement shared in the image, the schedule is as follows.

Online Registration

15 August 2026 at 10:00 AM

Registration continues until:

30 August 2026 at 11:59 PM

Application, EMD and Processing Fee

The advertisement states that the application, EMD payment and processing fee process on the e-tender-cum-e-auction website begins:

16 August 2026 at 10:00 AM

and continues until:

30 August 2026 at 11:59 PM

Closed Bid / e-Tender Submission

Closed e-Tender submission:

Start: 16 August 2026, 10:00 AM

End: 30 August 2026, 11:59 PM

CIDCO E-Auction Date

The e-Auction is scheduled for:

2 September 2026

Time:

10:00 AM to 5:00 PM

Applicants should make sure that they understand the auction rules before participating.

An e-auction is not simply a matter of choosing a shop and paying the advertised rate.

The final bidding outcome may depend on competition and the applicable tender/auction rules.

Expected Result Date

According to the advertisement:

7 September 2026 at 3:00 PM

The advertisement mentions:

“If Possible”

Therefore, applicants should check the official CIDCO portal for the actual result announcement.

How to Participate in the CIDCO E-Auction?

The broad process can be understood in the following stages.

Step 1: Visit the Official E-Auction Portal

Applicants should use CIDCO’s designated e-auction platform.

Step 2: Find the Relevant Scheme

Locate:

Scheme No. 01/CIDCO/GM(HSG)/2026-27/SHOPS

Step 3: Read the Tender Document

This is one of the most important steps.

Do not rely only on a social media post or advertisement image.

Read the official tender document carefully.

Step 4: Check Eligibility

Confirm whether you meet all applicable eligibility requirements.

Step 5: Complete Registration

Provide the required information and complete the online registration process.

Step 6: Pay Applicable Fees

Pay the required:

• EMD
• Processing fee
• Other applicable charges

within the prescribed timeline.

Step 7: Submit the Closed Bid

Submit the e-Tender/closed bid according to the prescribed process.

Step 8: Participate in E-Auction

Eligible applicants may participate in the e-auction according to CIDCO’s rules.

Step 9: Check the Result

Monitor the official portal for the result and further instructions.

Step 10: Complete Further Formalities

Successful applicants must follow CIDCO’s instructions regarding payment, documentation, allotment and other formalities.

What Documents May Be Required?

The exact documentation requirements should be taken from the official tender document.

Applicants should be prepared to provide information/documents such as:

• Identity proof
• PAN
• Address proof
• Applicant details
• Registration information
• Bank/payment information
• Required declarations
• EMD/payment confirmation
• Any other documents specified by CIDCO

The final list should always be checked against the current official tender document.

EMD: Why It Is Important

EMD stands for Earnest Money Deposit.

In an e-tender/e-auction process, the EMD is an important financial requirement.

The exact EMD amount for each unit should not be guessed from the advertisement image.

Applicants should check the official tender document for:

• EMD amount
• Payment method
• Refund conditions
• Forfeiture conditions
• Validity
• Rules applicable to successful and unsuccessful bidders

Is the Advertised Rate the Final Price?

No.

This is an important point for anyone considering participation.

The advertised rate is quoted per square metre.

The total financial commitment may include additional components depending on the applicable CIDCO terms.

Before bidding, calculate the total acquisition cost, not just:

Area × Advertised Rate

A proper calculation should consider all applicable charges and taxes.

Is This Scheme Suitable for Investors?

It can be worth evaluating, but it should not be treated as a guaranteed-return investment.

A commercial property investor should assess at least five major factors:

1. Purchase Cost

How much will the property actually cost after all applicable charges?

2. Rental Potential

What rent could realistically be achieved in that exact location?

3. Occupancy

Are nearby residential buildings occupied?

4. Footfall

Does the location have enough customer movement?

5. Exit Demand

If you want to sell the property later, who would be the likely buyer?

Is This Scheme Suitable for Business Owners?

Potentially, yes.

For someone planning to operate a business, ownership of a commercial shop may provide greater long-term control compared with renting.

But purchasing a shop involves substantial capital.

A business owner should compare:

Buying vs Renting

For example:

Buying

Advantages:

• Long-term asset ownership
• No recurring rent after acquisition, subject to applicable costs
• Potential capital appreciation
• Ability to control the premises

Disadvantages:

• High initial capital requirement
• Interest cost if financed
• Maintenance
• Taxes/charges
• Lower flexibility if the business location changes

Renting

Advantages:

• Lower initial capital requirement
• Easier relocation
• Capital remains available for business operations

Disadvantages:

• Regular rent
• Rent escalation
• No ownership of the property
• Lease renewal risk

The correct choice depends on the business and financial position of the applicant.

Things to Check Before Bidding

Before placing any bid, carefully inspect the following.

1. Exact Shop Location

Do not evaluate only the sector.

Check the exact building, plot and shop position.

2. Shop Size

The advertised rate is per square metre.

The total price depends heavily on the actual area.

3. Frontage

For retail businesses, frontage can significantly affect visibility.

4. Ground Floor vs Other Location

The commercial value can differ significantly depending on the exact location and level.

5. Footfall

Visit the site physically if possible.

6. Nearby Competition

Check existing shops and upcoming commercial projects.

7. Parking

Parking availability can influence customer visits.

8. Permitted Use

Confirm what business activities are legally permitted.

9. Maintenance Charges

Understand recurring expenses.

10. Payment Schedule

Know when the remaining amount has to be paid after successful bidding.

11. Transfer Rules

Understand the conditions for future transfer or resale.

12. Possession

Check the possession-related provisions in the official tender document.

CIDCO 144 Shops Scheme: Taloja vs Kharghar vs Ulwe

A simple comparison can help applicants understand the scheme.

This comparison is only a starting point. The exact shop location remains more important than the broad locality name.

Why the Navi Mumbai Commercial Market Is Getting Attention

Navi Mumbai has developed into a major urban and economic region.

Several infrastructure projects have increased interest in its various nodes.

Major factors include:

• Navi Mumbai International Airport
• Metro connectivity
• Railway infrastructure
• MTHL/Atal Setu
• JNPT connectivity
• Mumbai-Pune Expressway connectivity
• Major road infrastructure
• New residential development
• Commercial and industrial expansion

CIDCO itself lists major infrastructure and development initiatives across the Navi Mumbai region.

For commercial property, infrastructure matters because improved connectivity can potentially expand the catchment area of businesses.

Who Should Consider This CIDCO Scheme?

This scheme may be relevant to:

Business Owners

People looking for commercial premises for their own businesses.

Retail Investors

Investors looking for commercial property as a long-term asset.

Entrepreneurs

People planning to establish businesses in developing residential areas.

Existing Local Businesses

Businesses looking to acquire an owned commercial premises.

Long-Term Property Investors

Investors with sufficient capital and a long-term investment horizon.

However, every applicant should conduct independent financial and legal due diligence.

Who Should Be Careful?

Applicants should be cautious if:

• They are relying entirely on borrowed money.
• They have not calculated the complete acquisition cost.
• They have not inspected the property.
• They do not understand the auction process.
• They are expecting guaranteed appreciation.
• They have not checked permitted commercial use.
• They have not calculated potential rental income.
• They have not read CIDCO’s tender conditions.

A commercial property is not automatically a good investment simply because it is offered by a government development authority.

Frequently Asked Questions

What is the CIDCO 144 Shops Scheme 2026?

It is a CIDCO scheme for the sale of 144 commercial units, consisting of 140 shops and 4 kiosks, through an e-Tender-cum-e-Auction process.

How many shops are available?

There are 140 shops.

How many kiosks are available?

There are 4 kiosks.

Where are the shops located?

The advertised locations are:

• Bamandongari, Ulwe
• Swapnapurti Housing Scheme, Sector 36, Kharghar
• Taloja Sector 34, Plot No. 1
• Taloja Sector 34, Plot No. 6
• Taloja Sector 36, Plot No. 1
• Taloja Sector 36, Plot No. 2

What is the lowest advertised rate?

The lowest advertised rate is:

₹1,83,850 per sq. metre

for the listed Taloja properties.

What is the Kharghar rate?

₹2,15,290 per sq. metre.

What is the Ulwe/Bamandongari rate?

₹3,04,006 per sq. metre.

How many shops are available in Taloja?

120 shops.

How many shops are available in Kharghar?

8 shops and 4 kiosks.

How many shops are available in Bamandongari?

12 shops.

When does online registration close?

According to the advertisement:

30 August 2026 at 11:59 PM.

When is the e-Auction?

2 September 2026 from 10:00 AM to 5:00 PM.

When is the result expected?

The advertisement states:

7 September 2026 at 3:00 PM, if possible.

Is this a lottery?

No.

The advertisement describes the process as an:

e-Tender-cum-e-Auction.

Is the advertised rate the final cost?

Not necessarily. Applicants must check all applicable charges, taxes, fees and tender conditions.

Can I directly book a shop?

Applicants must follow the prescribed CIDCO e-tender/e-auction process. It should not be treated as a normal direct-booking scheme.

Should I invest only because Navi Mumbai International Airport is nearby?

No.

Airport and infrastructure development can be a growth factor, but commercial property decisions should be based on the exact property, business potential, demand, access, footfall, pricing and financial feasibility.

Final Verdict: Is CIDCO’s 144 Shops Scheme Worth Considering?

The CIDCO 144 Shops/Kiosks Scheme is an important commercial property opportunity because it brings 144 commercial units across three major Navi Mumbai growth/established locations into an e-Tender-cum-e-Auction process.

The most significant feature of the scheme is the large inventory in Taloja.

Taloja: 120 Shops

with an advertised rate of:

₹1,83,850/sq. metre

Kharghar offers:

8 Shops + 4 Kiosks

at:

₹2,15,290/sq. metre

And Bamandongari, Ulwe offers:

12 Shops

at:

₹3,04,006/sq. metre

For business owners, the scheme may provide an opportunity to acquire commercial premises in Navi Mumbai.

For investors, the opportunity needs a more detailed calculation involving acquisition cost, financing, expected rent, vacancy, maintenance, taxes, potential appreciation and exit liquidity.

The biggest mistake would be to look only at the advertised rate and assume that the property will automatically generate high returns.

A better approach is to compare the total acquisition cost + expected rental income + business potential + location quality + future demand.

Important Disclaimer

The dates, locations, number of shops/kiosks and advertised rates in this article are based on the CIDCO advertisement shared for this article.

Applicants should verify the latest official CIDCO tender document, eligibility conditions, EMD, processing fee, payment schedule, permitted use, legal conditions, allotment terms and any amendments before submitting an application or making a payment.

Do not make any financial decision solely on the basis of this article.

For official information, applicants should use CIDCO’s official website and designated e-auction portal.

Official CIDCO: CIDCO Maharashtra Official Website

CIDCO E-Auction Portal: CIDCO E-Auction Portal

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