CIDCO is an acronym of the City and Industrial Development Corporation of Maharashtra Limited (CIDCO). Completely owned by the State Government incorporated as a company on 17^th march 1970 it is a public sector undertaking of the Government. CIDCO is notified by the State Government as the New Town Development Authority (NTDA). The Government later widened the scope of CIDCO’s activities delegating the responsibility as the Special Development Authority (SPA).