亚博体育官网首页

 CIDCO calls PMC to take over physical infra services
Real Estate

CIDCO calls PMC to take over physical infra services

CIDCO has written to the Panvel Municipal Commissioner, informing him that by the end of December 2021, CIDCO will completely hand over the physical infrastructure and services in the Panvel civic jurisdiction to the Panvel Municipal Corporation.

CIDCO claims that all administrative formalities for the handover process have been completed.

Cisco's chief engineer Dr KM Godbole wrote to Panvel civic chief Ganesh Deshmukh on December 13th, requesting that PCMC take over the charge by December 20, 2021, citing the need to avoid double taxation for residents in the PCMC area.

When contacted, Panvel municipal commissioner, however, said, The civic body of PCMC has the authority to levy property taxes, whereas CIDCO has been accepting Service Charges from residents in the PCMC area. As a result, PCMC does not impose double taxation.

In a meeting held on December 9 at the Vasudev Balwant Phadke auditorium in Panvel, Maharashtra deputy chief minister Ajit Pawar directed CIDCO to immediately transfer the services and facilities of the areas under Panvel Municipal Corporation to the civic body to provide necessary assistance for the PCMC area's development.

The Maharashtra government formed and controls the City and Industrial Development Corporation of Maharashtra (CIDCO), an Indian city planning agency and the richest government authority in India. India's first smart city project was also launched by CIDCO.

CIDCO has written to the Panvel Municipal Commissioner, informing him that by the end of December 2021, CIDCO will completely hand over the physical infrastructure and services in the Panvel civic jurisdiction to the Panvel Municipal Corporation. CIDCO claims that all administrative formalities for the handover process have been completed. Cisco's chief engineer Dr KM Godbole wrote to Panvel civic chief Ganesh Deshmukh on December 13th, requesting that PCMC take over the charge by December 20, 2021, citing the need to avoid double taxation for residents in the PCMC area. When contacted, Panvel municipal commissioner, however, said, The civic body of PCMC has the authority to levy property taxes, whereas CIDCO has been accepting Service Charges from residents in the PCMC area. As a result, PCMC does not impose double taxation. In a meeting held on December 9 at the Vasudev Balwant Phadke auditorium in Panvel, Maharashtra deputy chief minister Ajit Pawar directed CIDCO to immediately transfer the services and facilities of the areas under Panvel Municipal Corporation to the civic body to provide necessary assistance for the PCMC area's development. The Maharashtra government formed and controls the City and Industrial Development Corporation of Maharashtra (CIDCO), an Indian city planning agency and the richest government authority in India. India's first smart city project was also launched by CIDCO. Image Source

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement