My Preferred CIDCO Home Scheme Offers 25,000+ Flats: How to Apply

My Preferred CIDCO Home Scheme

The City and Industrial Development Corporation of Maharashtra (CIDCO) is making strides to bring joy to homebuyers this festive season. To help residents achieve their dream of homeownership, CIDCO has introduced a new housing lottery featuring over 25,000 homes in prime areas of Navi Mumbai. Keep reading to discover key details about CIDCO’s latest lottery scheme.

Following the October 10, 2024 draw for 213 homes under CIDCO’s Mass Housing August Lottery Scheme, CIDCO unveiled a new lottery of 26,502 housing units on October 12, 2024. Additionally, registrations for the Swapnapurti and Vastu-Vihar Celebrations Lottery in Kharghar concluded on October 25, 2024.

The newly introduced “My Preferred CIDCO Home Scheme” allows buyers, for the first time, to select homes based on their preferences. ProptyQ provides a comprehensive guide on registering for CIDCO’s My Preferred Home Scheme, along with details on the ongoing Swapnapurti and Vastu-Vihar Celebrations Lottery in Kharghar.

My Preferred CIDCO Home

My Preferred CIDCO Home Scheme Lottery 2024: Complete Details

In response to the growing need for affordable housing under Pradhan Mantri Awas Yojana (PMAY), Chief Minister Eknath Shinde launched the “My Preferred CIDCO Home Scheme” on October 12, 2024. This scheme offers 26,502 housing units for Economically Weaker Sections (EWS) and Lower Income Groups (LIG), benefiting from PMAY subsidies.

The scheme opens opportunities for affordable homeownership in Navi Mumbai, a rapidly developing region with projects like the Navi Mumbai International Airport and other major infrastructure advancements. For many, this scheme brings the long-awaited chance to own a home in this growing city.

The housing units in the “My Preferred CIDCO Home Scheme” are part of a broader initiative, with CIDCO planning to build 67,000 homes across the MMR, of which 26,502 are included in this scheme.

Read on to explore essential information, including eligibility, location, pricing, and the registration process for CIDCO’s latest scheme.

My Preferred CIDCO Home Scheme Lottery 2024: Key Dates

Here are the important dates for registration in the latest CIDCO lottery scheme:

CIDCO My Preferred Home Scheme Lottery: Key Dates

EventDate
Registration Start DateOctober 12, 2024
Application DeadlineNovember 11, 2024

My Preferred CIDCO Home Scheme Lottery 2024: Key Highlights

A unique feature of CIDCO’s new lottery is that applicants can indicate their housing preferences after registering. Participants may select up to 15 preferences across three rounds of lotteries.

In each round, applicants can choose between one and five options, with each location offering up to three preferences for specific floors, towers, and sites. While there’s no restriction on the number of locations, the total number of preferences per round should not exceed five.

After setting preferences, applicants need to make a booking payment based on their housing category, as outlined below:

Booking Amount for My Preferred CIDCO Home Scheme

CategoryAmount
EWSRs 75,000 + GST
LIG for 1BHKRs 1,50,000 + GST
LIG for 2BHKRs 2,00,000 + GST

Selected applicants will receive a Letter of Intent (LOI), which will detail any remaining payments. Unsuccessful applicants will have their booking amount refunded within 30 days.

My Preferred CIDCO Home Scheme Lottery 2024: Location Overview

The flats available under CIDCO’s My Preferred Home Scheme are situated in prime areas, offering close access to railway stations and commercial centers. This ensures a convenient and well-rounded lifestyle for future residents.

CIDCO Flat Locations:

  • Ulwe
  • Panvel
  • Khandeshwar
  • Kharghar
  • Taloja
  • Vashi
  • Mansarovar
  • Kamothe
  • Kalamboli

My Preferred CIDCO Home Scheme Lottery 2024: Required Documents

Applicants must provide the following documents for verification:

  • Aadhaar Card
  • PAN Card
  • Income Proof
  • Domicile Certificate
  • Passport-sized Photograph

Upon successful verification of these documents, an allotment letter with a payment plan will be issued. The possession of homes and the agreement process will commence once all installments have been completed.

My Preferred CIDCO Home Scheme Lottery 2024: Helpline Information

For any inquiries or assistance, applicants can contact CIDCO officials at +91 9930870000 from 8 AM to 8 PM.

My Preferred CIDCO Home Scheme Lottery 2024: Application Process

To apply for CIDCO’s My Preferred Home Scheme lottery, follow these steps:

Step 1: Go to the official CIDCO website.

Step 2: Fill in your name and mobile number.

Step 3: You will receive an OTP to log in and complete Aadhaar OTP verification by entering your Aadhaar Number.

Step 4: Provide your PAN number and select the appropriate category.

Step 5: Upload all self-attested documents and affidavits as requested.

Step 6: Pay the non-refundable registration fee of Rs. 326 and submit your application.

CIDCO Lottery 2024: Mass Housing August Lottery Scheme

Under CIDCO’s housing initiative, 902 flats were made available in key areas of Navi Mumbai. Out of these, 38 units were designated for Economically Weaker Sections (EWS), while 175 flats were offered to individuals in the general category, bringing the total to 213. These units were part of CIDCO’s Mass Housing August Lottery, with preferred locations including the developed nodes of Kalamboli, Kharghar, and Ghansoli.

The remaining 689 units are available through CIDCO’s Swapnapurti and Vastu-Vihar Celebrations housing complexes in Kharghar.

As highlighted on CIDCO’s website, this new scheme offers immediate possession and excellent connectivity due to its closeness to road, rail, and metro services. Additionally, significant developments like the Navi Mumbai International Airport are planned to be near these housing complexes.

Emphasizing the advantages of immediate possession and convenience, a CIDCO official remarked, “This scheme provides citizens with a valuable opportunity to fulfill their dream of owning a home in the city.”

Continue reading to discover more about the locations, key dates, and the registration process for the CIDCO Mass Housing August Lottery 2024.

CIDCO Lottery 2024: Key Dates for Swapnapurti Valleyship Celebration Lottery

Here are the important dates for the registration of CIDCO’s Swapnapurti Valleyship Celebration Lottery:

CIDCO Swapnapurti Valleyship Celebration: Key Dates

EventDate
Registration Start DateAugust 27, 2024
Registration End DateOctober 25, 2024
Deadline for NEFT/RTGS AcceptanceOctober 30, 2024
Draft List of Accepted Applicants PublishedNovember 4, 2024
Final List of Accepted Applications for DrawNovember 7, 2024
Draw Result AnnouncementNovember 13, 2024
Refund DateNovember 26, 2024

CIDCO Lottery 2024: Key Dates for Mass Housing Scheme

Below is a table outlining the registration dates and other important events for the CIDCO Mass Housing August Lottery:

CIDCO Mass Housing August Lottery: Key Dates

EventDate
Registration Start DateAugust 27, 2024
Registration End DateSeptember 26, 2024
Start of Online Payment AcceptanceSeptember 27, 2024
Deadline for NEFT/RTGS AcceptanceSeptember 27, 2024
Draft List of Accepted Applicants PublishedOctober 3, 2024
Final List of Accepted Applications for DrawOctober 7, 2024
Draw Result AnnouncementOctober 10, 2024

CIDCO Lottery 2024: Flat and Location Information

Flats offered under CIDCO’s latest lottery scheme are located in various areas, detailed below along with the number of units available in each category:

CIDCO Mass Housing August Lottery: Flat Information

LocationsCategoryTotal Flats
Sector-10, Plot No-2, GhansoliEconomically Weaker Section1
General1
Sector-40, Plot No-1, KhargharEconomically Weaker Section31
General143
Sector-15, Plot No-9, KeywoodsEconomically Weaker Section6
General31
Grand TotalEconomically Weaker Section38
General213

Flats offered under CIDCO’s Swapnapurti and Vastu-Vihar Celebrations at Kharghar are detailed below:

CIDCO Swapnapurti Valleyship Celebrations Lottery: Flat Information

LocationsCategoryTotal Flats
Swapnapurti Housing Scheme, Sector-36 KhargharEconomically Weaker Sections42
Low Income Group359
Valiship Housing Scheme, Sector-36 KhargharMiddle Income Group118
High Income Group136
Vastuvihar Housing Scheme, Sector-16/17 KhargharMiddle Income Group10
High Income Group24
Grand TotalEconomically Weaker Sections42
Low Income Group359
Middle Income Group128
High Income Group160
Total689

CIDCO Lottery 2024: Pricing for Flats

Flats offered in CIDCO’s latest lottery scheme are priced between Rs 26 lakh and Rs 2 crore.

Deposit Amount to Apply for CIDCO Lottery Scheme:

The deposit required for CIDCO’s Kharghar flats is as follows:

Deposit Amount for CIDCO Lottery 2024 at Kharghar

CategoryDeposit Amount
Economically Weaker Section (EWS)Rs 75,000
General CategoryRs 1,50,000

To apply for flats under the Swapnapurti and Vastu-Vihar Celebrations Lottery, applicants must pay the following deposit amounts:

Deposit Amount for CIDCO Lottery 2024 at Swapnapurti and Vastu-Vihar Celebrations

CategoryDeposit Amount
Economically Weaker Section (EWS)Rs 75,000
Low Income Group (LIG)Rs 1,50,000
Middle Income Group (MIG)Rs 5,00,000
High Income Group (HIG)Rs 10,00,000

Note: A non-refundable fee of Rs 295, inclusive of GST, is also applicable.

CIDCO Lottery 2024: Eligibility Requirements

To apply for CIDCO’s Mass Housing August Lottery, applicants must meet the following basic eligibility criteria:

  1. Age Requirement: Applicants must be at least 18 years old at the time of application submission.
  2. Residency: Applicants should have been residents of Maharashtra for a minimum of 15 years, and a domicile certificate must be submitted with the application.
  3. Application Name: Applications can be submitted under single or joint names, with the co-applicant being limited to a spouse.

Additional Eligibility Criteria for Economically Weaker Sections (EWS) Flats (under PMAY)

In addition to the general eligibility criteria, applicants for EWS flats must meet the following conditions:

  • The applicant must not own any property in their name within India. A Rs 100 stamp duty affidavit is required during the application process.
  • The annual family income should not exceed Rs 6,00,000, which includes both the applicant’s and spouse’s income for the preceding 12 months.
  • Flats under the PMAY scheme cannot be transferred for five years from the execution date of the sale agreement. After this period, a transfer to the same reserved category is permitted with written permission from the Corporation and payment of the applicable transfer fee.
  • Applicants under the Pradhan Mantri Awas Yojana must register on the Central Government’s website pmaymis.gov.in or with local bodies. Proof of registration must accompany the application.
  • Unmarried applicants must submit an affidavit confirming their status.

Verification of applicant information will be conducted through CIDCO and the Pradhan Mantri Awas Yojana website to ensure the integrity of the application process.

Eligibility Criteria for General Category

Applicants in the General Category must fulfill the following conditions:

  • Neither the applicant nor any co-applicants should own a home in Navi Mumbai, whether for sale or rent.
  • The applicant must not have benefited from any previous CIDCO housing scheme on behalf of their spouse.
  • A Rs 100 stamp duty affidavit is required during the application screening.
  • The annual income should be over Rs 6,00,000.

Eligibility Criteria for Flats under CIDCO’s Swapnapurti and Vastu-Vihar Celebrations at Kharghar

In addition to the age and residency requirements, applicants must adhere to the following:

  • Applications can be made under single or joint names, with the co-applicant being the spouse. If the applicant is unmarried, the applicant’s mother may serve as the co-applicant.

Income Eligibility Criteria for CIDCO Lottery 2024

Flat CategoryIncome Range
EWS and LIGRs 6 to 9 lakh
MIGRs 9 to 12 lakh
HIGAbove Rs 12 lakh

Please note that CIDCO lottery flats cannot be sold or transferred for three years from the sale agreement’s execution date. After this period, the flat can be transferred to the same reserved category with the Corporation’s written permission and payment of the applicable transfer fee.

CIDCO Lottery 2024: Required Documents

To apply for the CIDCO Lottery 2024, applicants must submit the following documents:

  • PAN Card
  • Reservation category details
  • Complete address of the residence
  • Proof of applicant’s date of birth
  • Aadhaar Card copy
  • Applicant’s bank account details
  • Income proof for co-applicant
  • Passport-sized photograph
  • Domicile certificate

The CIDCO Lottery 2024 offers an exciting opportunity for prospective homeowners to secure affordable housing in Navi Mumbai. With its various schemes catering to Economically Weaker Sections and other income groups, it aims to fulfill the dreams of many individuals and families seeking a home in this thriving metropolis. By providing a transparent application process, clear eligibility criteria, and essential documents, CIDCO ensures that the path to homeownership is accessible for all.

As the registration period unfolds, interested applicants should stay informed about important dates and requirements to maximize their chances of success. With a focus on convenient locations and modern amenities, the CIDCO Lottery represents not just an investment in property, but a step towards a better quality of life. Don’t miss this opportunity—take action and start your journey towards owning a home in Navi Mumbai today!

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