CIDCO

Working of Reserve Price / Average Land Development Cost

 
  Differential Pricing/Cross Subsidy


CIDCO is charging “Differential Pricing” for various Land Uses based on this Reserve Price of each Node, by adopting a “Cross-Subsidy” pattern of land pricing In order to fulfil the Social justice and also to promote various social public utilities including housing stock for Economic Weaker Section, Lower Income Group, Fixed Income Group like Government Servants, CIDCO also proposed a “Cross Subsidy” pattern of land pricing. The subsidy amount is recouped from higher income groups / commercial uses.

Press Release
Nirmiti January 2012
 
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Nirmiti December 2011
 
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Seawood Bridge Inauguration
 
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Nirmiti November 2011
 
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