The CIDCO has organised a workshop on October 7, 2024 at 11.30 am at Navi Mumbai Metro, Central Park Station, Kharghar where bidders will be provided a detailed insight on available commercial spaces and will get an opportunity to have interactions.
The aforesaid workshop has been organised to provide details on commercial potential spaces. The workshop aims to familiarise the participants about Navi Mumbai Metro Line 1 overview, alignment and its importance for regional connectivity in MMR, licensing opportunities for retail and other commercial space available on lease at stations, tendering process, eligibility criteria etc. Also, there will be a discussion on suggestions from the bidders. A site visit to Metro stations has been planned after the workshop.
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Each metro station has 40 Sq. m space for indoor commercial and area measuring 7,065 sq. m is available at 5 stations for outdoor commercial potential. The use of indoor commercial space can be for quick food and beverages, retail, electronics, bookstores, florist, apparel store, gift shops etc. The use of outdoor commercial space can be for supermarket, quick food and beverage, retail, electronics, car showroom, stores, corporate office etc.
It is a golden opportunity for intended bidders of retail space, developers, businesses and sellers to grow their business by using the commercial spaces developed at Metro stations by CIDCO.
The Metro service was commenced on this line on November 17, 2023, and is receiving an excellent response from commuters. The Metro has significantly enhanced connectivity in Navi Mumbai. Navi Mumbai is on word map with major ongoing projects like the Navi Mumbai International Airport, Corporate Park and Logistics Park, development in NAINA making Navi Mumbai as a promising hub for business.
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