The City and Industrial Development Corporation’s (CIDCO) scheme of sale of 243 shops in the Bamandongri housing complex has received an overwhelming response from businessmen. The results were announced at CIDCO Bhavan on 23^rd July 2024.

"Besides fulfilling the dream of a rightful house of common citizens, various schemes are always implemented by CIDCO for the benefit of various entities such as developers, entrepreneurs, and professionals. Through this scheme of sale of 243 shops, many businessmen have got a golden opportunity to grow their businesses in the fast developing and well connected Ulwe node. The good response to this scheme has sealed the credibility of CIDCO amongst citizens," remarked Vijay Singhal, Vice Chairman & Managing Director.

On March 14, 2024, CIDCO had announced a scheme of sale of 243 shops in CIDCO's Bamandongari housing complex. These shops were made available for sale in Ulwe node with good connectivity through Road, Rail, Atal Setu (MTHL). Along with this, CIDCO's Navi Mumbai International Airport is also coming up in the vicinity of the Ulwe node.