CIDCO has recently sold 3 commercial plots and 1 residential plot for Rs 79 crores.
The Commercial plots were sold at the below rates:
4000 sq meter plot for Rs 1.06 lakhs a square meter
1365 sq meter plot for Rs 1.21 lakhs a square meter
555 sq meter plot for Rs 1.41 lakhs a square meter
The residential plot of 1180 sq meters was sold for 1.11 lakhs a square meter.
The FSI for commercial plots is 1.5 while it is 1 for the residential plots.
These were sold in a tender process
