Hi, I think you should go for these areas such as Vuchumbe, Kon and Kewale villages of Panvel taluka as Cidco started giving commencement certificate under NAINA last year and till 10th March2015, a total of 8 projects have received CC. Of those, 6 projects are residential buildings. According to a Cidco official, they are getting maximum proposal for residential buildings.
Hi Vaishali, All the projects in the area (Panve, New Panvel, Powai) are delayed due to Naina project. There are around 180 project that are are under hold. Naina plan are now approved by cidco & sent to CM office for further approval. If it get approved from CM office, it will take 1 yr to start the project of any builder.
Yes, all the projects in this area are delayed by 1-3 yrs. and still most of the projects didn't get approval from CIDCO. You can check online also, there are lot's of bad reviews on delay possession and delay approval process. So, before buying property in those localities, take all the due diligence. Otherwise your hard earned money may get stuck.