CIDCO gets Rs 181 crore bid for 3.4 acre Nerul plot

The City and Industrial Development Corporation (CIDCO), the city planning authority for Navi Mumbai, has received highest bid of Rs 181 crore for a 3.4 acre land parcel in Nerul. The plot was auctioned by CIDCO with reserve price at Rs 95,000 sq meter and was finally sold at Rs 1.33 lakh per sq meter, CIDCO spokesperson said.

Source: ET Realty