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The CIDCO Lottery 2020 aims at enabling more people to own affordable homes in various areas of Navi Mumbai. Here is all the basic information presented in a nutshell for your perusal.
There has been a lot of buzz about the CIDCO lottery this year and rightly so! Demand for affordable housing has truly hit the roof and in this context, the City and Industrial Development Corporation (CIDCO) has always proved to be a game-changer when it comes to enabling more people to own their affordable housing units in various areas of Mumbai and its suburbs. CIDCO is planning to offer approximately 94,000 affordable housing units this year in the Navi Mumbai area. Some of the localities covered include upcoming development hubs such as Panvel, Taloja, Kharghar and Kalamboli along with other areas like Bamandongri, Kharkopar and Juinagar.
Key details about the CIDCO lottery 2020 that you should know more about
Here are some key aspects that you should keep in mind when thinking about the lottery CIDCO offer for 2020-
- Expected sizes of apartments in the EWS (Economically Weaker Sections) category will be 25.81 sq. meters.
- Apartment sizes are expected to be approximately 29.82 sq. meters for LIG (lower income groups) apartments.
- LIG apartments are expected to be priced anywhere between Rs. 25-26 lakh under this new scheme.
- EWS category beneficiaries will have to put up Rs. 5,000 as their initial deposits while this will stand at Rs. 25,000 for LIG category buyers. This is also known as the earnest money.
- The last date for applying was 31st January 2020 while the starting date was the 1st of January, 2020.
The lottery CIDCO India 2020 offer will provide 53,000 units for the LIG category while another 41,000 units will be available for buyers in the EWS category. 1.10 lakh housing units will be built by CIDCO under this particular scheme across Navi Mumbai. Construction of these homes is expected to commence soon after the completion of the registration procedure with MahaRERA (Maharashtra Real Estate Regulatory Authority).
The lottery cidcoindia.com winners can pay booking amounts with the progress of construction on their homes. Upon the conclusion of construction, the lottery will be one of the largest housing projects in the area under the aegis of the PMAY (Pradhan Mantri Awas Yojana). The upcoming lottery will ensure that all housing units are situated within a radius of 2 kilometres from basic infrastructure for commuting such as bus terminuses, metro railway networks and also railway networks. The online application process previously started at lottery.cidcoindia.com. Prices of apartments in the EWS housing scheme are expected to range between Rs. 17-18 lakh on an average.
Eligibility Criteria for lottery CIDCO India
CIDCO has already released its eligibility guidelines previously for this lottery. The criteria for beneficiaries have been based on monthly income to ascertain proper suitability. For applying in the EWS category, the monthly income of the home buyer should be less than or equal to a sum of Rs. 25,000. For getting a home in the LIG (lower income group) category, the monthly income of the applicant should be between Rs. 25-50,000.
Main Documents Needed
Here is the list of key documents that are required:
- Certificate of Income Proof
- Aadhar Card
- PAN Card
- Bank Details
- Voter ID
- Domicile Certificate
Registration Procedure for CIDCO Lottery 2020
- Applicants must visit the official site of CIDCO.
- On the home page, you should choose the Register for Lottery tab.
- You should then key in your username and your password before confirming the latter. This helps in creating your CIDCO lottery login details.
- You will then have to key in the basic information such as your father/husband’s name, first name, surname, mobile phone number and date of birth.
- You have to submit, and a message will come up where you have to tick the checkbox in question.
- Key in the captcha code and then go to confirm.
- Another message will come up where you must enter the mobile phone OTP that you have received.
- Choose OK and the application form will be shown on the computer screen.
- Enter your PAN Card number, re-enter it and monthly income along with your name as it appears on the PAN Card.
- Upload the scanned PAN Card copy in JPEG format (size between 5-300 Kb) and then choose Save.
- Enter the number on your Aadhar Card and enter it once again along with your name as it is on the same.
- Upload the scanned copy of the document in JPEG format with the same size guidelines as mentioned above. Then you must save the same.
- Upload a recent picture of yourself in color and JPEG format with size between 5-50 Kb.
- Enter the name of applicant, father/husband name, birth date, marital status, occupation, address, gender, mobile phone number, PIN Code, and email address.
- You also must enter the telephone number of your residence/office, bank account number, IFSC Code, bank name, branch name and MICR number.
- Enter the captcha code and submit it before confirming.
You can easily use your CIDCO login details to check and view this information as per your convenience.
How to check whether your application has been accepted
There are a few steps worth noting in this regard if you have already applied for an affordable home under the CIDCO lottery scheme for 2020.
- Go to the official site of CIDCO.
- On the home page, view Accepted Applications.
- The names of the lottery will come up on the screen. Check the name and then choose view in front of the same.
- Once again choose view based on your scheme code and category.
- The applicant list (successfully accepted applicants) will be displayed in the PDF format.
- You can check whether your name and application number are there on the list or not.
You can always contact 022-62722255 which is the CIDCO helpline number, for any additional assistance. All you need to do for the result is click on View Lottery Result 2020 on the home page- lottery.cidcoindia.com or www.cidco.maharashtra.gov.in. The Draft List for accepted applicants will be generated post payment via NEFT and list of accepted applicants will be released thereafter. The draw will take place after release of the acceptance list for applications. The winner names will be announced thereafter, and refunds will also be processed likewise. The lottery CIDCO India scheme promises to be a major contributor to the country’s affordable housing mission.