Which Property is Best for Investment PMC Approved or CIDCO?

We all always wish to invest our hard-earned money in the most profitable entity, but it is not always the case that we know where exactly to spend in order to reap maximum benefits. So, before you try to understand

which property is best for investment PMC approved or CIDCO, you should be clearly aware of PMC and CIDCO in a general context. 

Urban housing development company CIDCO, also known as City and Industrial Development Corporation, is quite active in Maharashtra. CIDCO aspires to enhance the urban region while providing affordable homes for Lower Income Groups (LIG) and Economically Weaker Sections (EWS) residents of Maharashtra. 

Additionally, CIDCO ranks ninth in the Mumbai Metropolitan Area. In addition, PMC is Maharashtra's 27th municipal corporation.

The Panvel Municipal Corporation is in charge of Panvel City and 29 settlements. The territories covered by the PMC include Kalundre, Dhansar, Kharghar, Ulwe, Devicha Pada, Tondre, Taloja Kamothe, Panchnand, Chal, Pendhar, Navde, Kalamboli, Roadpali, Khidukpada, Padghe, Pale Khurd, Walvli, Asudgaon, CIDCO regions, Tembhode, Bid, Adivali, Pis Villages that have been shut out are underdeveloped and have substantially smaller populations.

Which property is best for investment PMC approved or CIDCO?

PMC is in charge of a number of duties in the city, such as the provision of certain necessary services. All of the city's development initiatives are under the control of CIDCO. So, to be able to decide which is better for investment, you must understand the responsibilities of PMC and CIDCO.

Its duties include controlling population growth and judicious industry distribution. It provides the expanding population with urban options as well as necessary municipal facilities. As part of their various duties, PMC and CIDCO supply the following crucial facilities:

• Promotion of culture and the arts

• Safeguarding cultural heritage

• Recording the birth dates of the residents

• Coordinating the submission and progress of public complaints

• Development of the land to provide the required infrastructure

• Construction and upkeep of roads, bridges, and streetlights

• Supplying the city with water

• The upkeep of the sewage and drainage systems allows for waste management.

• The provision of a healthy and exciting workplace will maximise human resources.

• Supplying the needs of the community with the necessary

• Constructing educational institutions to provide instruction to the youth and children of the city

• Building and maintaining community centres, playgrounds, and parks

• Encouraging economic growth and creating and maintaining markets to satisfy inhabitants' basic necessities

• Increasing the utilisation of transportation and warehousing

• Positive effects of decentralising government administration

By the end of December 2021, CIDCO would fully transfer control of the physical services and infrastructure in the Panvel civic authority to the Panvel Municipal Corporation, according to a letter it sent to the Panvel Municipal Commissioner.

I will also share certain important dates regarding

CIDCO Lottery 2022 Navi Mumbai Dates 2022, for your reference here.

I hope this helps you understand

which property is best for investment PMC approved or CIDCO.