MY Preferred CIDCO Home Scheme 2024: Apply Online for 26k Flats

The City and Industrial Development Corporation (CIDCO) has launched the “My Preferred CIDCO Home” scheme, offering 26,502 affordable homes in Navi Mumbai. Introduced by Chief Minister Eknath Shinde under the Pradhan Mantri Awas Yojana, this scheme supports the Economically Weaker Section (EWS) and Low-Income Group (LIG) in securing homes. Open for online registration since October 12, applicants can choose their preferred home details, including the floor, tower, and location, through CIDCO’s official website. Unique to this scheme, many homes are located near railway stations, ensuring convenient commuting. Buyers can select from areas like Vashi, Taloja, Kharghar, Panvel, and Ulwe, adding appeal to the lottery. The booking window remains open for 15 days, and winners have the flexibility to pick homes based on their preferences, making the scheme a significant opportunity for affordable housing in Navi Mumbai.

MY Preferred CIDCO Home Scheme
MY Preferred CIDCO Home Scheme

About CIDCO

CIDCO (City and Industrial Development Corporation) plays a vital role in meeting Maharashtra’s urbanization needs by designing and implementing large-scale infrastructure and housing projects. Focused on creating sustainable, well-planned cities with balanced residential, commercial, and industrial areas, CIDCO aims to provide affordable housing to various income groups, particularly the Economically Weaker Section (EWS) and Low-Income Group (LIG). CIDCO’s lottery system enables eligible individuals to apply for homes through its official website. Applicants can select up to 15 preferences across three rounds, with each round allowing choices for 1 to 5 homes and up to three specific floor and tower options.

Following preference selection, applicants pay a booking amount, Rs. 75,000 + GST for EWS, Rs. 1,50,000 + GST for LIG 1 BHK, and Rs. 2,00,000 + GST for LIG 2 BHK. After payment closes, CIDCO releases a draft list of eligible customers, and discrepancies can be reported within seven days. A final list is then published, followed by the lottery draw, with successful applicants announced on CIDCO’s website. Winners receive a Letter of Intent (LOI), while unsuccessful applicants receive a refund within 30 days.

Important Factors

Name of the ArticleMY Preferred CIDCO Home Scheme 2024
Name of the SchemeCIDCO Housing Lottery Scheme
Launched ByGovernment of Maharashtra, under Pradhan Mantri Awas Yojana (PMAY)
Urban DevelopmentCIDCO designs sustainable cities with residential, commercial, and industrial spaces
Housing FocusPrioritizes affordable homes for Economically Weaker Section (EWS) and Low-Income Group (LIG)
Lottery SystemOffers homes through an online lottery system to ensure fair distribution
Application ProcessApplicants can register online and select home preferences on CIDCO’s website
Preference SelectionApplicants choose up to 15 options across three rounds, selecting floors and towers
Booking AmountRs. 75,000 + GST (EWS), Rs. 1,50,000 + GST (LIG 1 BHK), Rs. 2,00,000 + GST (LIG 2 BHK)
Lottery AnnouncementCIDCO announces lottery date and publishes winners’ names online
Letter of Intent (LOI)Issued to successful applicants to proceed with property acquisition
Refund ProcessUnsuccessful applicants receive booking amount refund within 30 days
Commuter-Friendly LocationsMany homes are located near railway stations for convenient commuting
ObjectiveTo provide affordable houses in Navi Mumbai
BeneficiariesEconomically Weaker Section (EWS) and Low Income Group (LIG)
LocationsVashi, Taloja, Kharghar, Panvel, and Ulwe
Mode of RegistrationOnline through CIDCO official website
Official Websitehttps://cidcohomes.com/en/

Number of Flats and Location

  • The “My Preferred CIDCO Home” scheme offers 26,502 affordable flats across Navi Mumbai in well-connected areas such as Vashi, Taloja, Kharghar, Panvel, and Ulwe. These locations are chosen for their accessibility, with many flats near railway stations, providing convenient commuting options for residents.

Important Dates

EventDate
Registration Start DateOctober 12, 2024
Last Date to ApplyDecember 11, 2024

Eligibility Criteria

To receive the benefit under this scheme, you should fulfil these following eligibility criteria which are as follows:

  • Applicant must be a permanent resident of Maharashtra.
  • Eligible for Economically Weaker Section (EWS) and Low-Income Group (LIG).
  • Applicant must be 18 years or older.
  • Applicant or their family should not own any residential property in Maharashtra.
  • Must have a valid Aadhaar card linked to the application.
  • A valid bank account is required for payment and refund purposes.
  • Only one application allowed per individual or family unit.
  • Applicant must be able to pay the booking amount with applicable GST based on home type.
  • Application must be submitted through CIDCO’s official website.
CIDCO Lottery
CIDCO Lottery

Salient Features

  • The scheme provides 26,502 affordable homes in Navi Mumbai.
  • Homes are available near railway stations for easy commuting.
  • Targeted for Economically Weaker Section (EWS) and Low-Income Group (LIG) applicants.
  • Applicants can choose preferred floor, tower, and location.
  • Online application and selection process on CIDCO’s official website.
  • Selection through a fair lottery system.
  • Allows flexible payment options with booking amounts based on home type.
  • Refunds are provided for unsuccessful applicants within 30 days.
  • Winners receive a Letter of Intent (LOI) to proceed with the purchase.

Required Documents

The documents required for the scheme are as follows:

  • Aadhaar Card
  • PAN Card
  • Valid Income Proof
  • Domicile Certificate
  • Latest Photograph

Booking Amount Category Wise

Booking Amount for Category Wise follows as:

  • EWS (Economically Weaker Section): Rs. 75,000 + GST
  • LIG 1 BHK (Low Income Group): Rs. 1,50,000 + GST
  • LIG 2 BHK (Low Income Group): Rs. 2,00,000 + GST

CIDCO Lottery Online Registration (eKYC)

To register online, follow the steps below:

Step 1: Visit the official website https://cidcohomes.com/en/.

CIDCO Lottery Portal
CIDCO Lottery Portal

Step 2: On the homepage, click on “Register Here“. Check the box, then input your full name, mobile number, and Captcha. Finally, click the “Get OTP” button to proceed.

Create Account
Create Account

Step 3: Check your mobile for an OTP (One-Time Password) and enter it to log in.

login form
login form

Step 4: Complete the Aadhaar OTP verification by entering your Aadhaar number when prompted.

Step 5: Provide your PAN (Permanent Account Number) details in the designated field to complete the registration process.

Application Process

To apply for the CIDCO Lottery, follow the below mentioned steps:

Step 1: Visit the official website.

Step 2: Complete the registration by following the steps mentioned above.

Step 3: Choose your category (EWS or LIG) for the application.

Step 4: If applicable, provide co-applicant details, including their name and relationship.

Step 5: Upload all required documents like Aadhaar card, PAN card, income proof, domicile certificate, and a recent photo.

Step 6: Review your application to ensure all information is correct.

Step 7: Pay the non-refundable registration fee of Rs. 236 using available payment options.

Step 8: Submit your application after confirming that all details and documents are accurate.

Login for CIDCO Lottery

To Login, please follow the steps below:

Step 1: Visit the official website.

Step 2: Select “Register Here” option on the homepage.

Step 3: Now click the “Login” button to continue the login process.

Login Form
Login Form

Step 4: Enter your mobile number and Captcha Code to further proceed.

Step 5: Click on the “Get OTP” button.

Step 6: Enter the OTP in the designated field.

Step 7: Click on “Login” button to complete the login process.

Download Mobile App

To download the mobile app, follow the steps as provided below:

Step 1: Visit the official website.

Step 2: Scroll down to the bottom of the page and scan for the CIDCO Homes Mobile App.

Step 3: Alternatively, go to the App Store (iOS) or Google Play (Android).

Step 4: Search for “CIDCO Homes” in the app store or Google Play.

Step 5: Click on the “Install” button and wait for the app to download on your mobile.

Contact Details

  • Helpline Number: 02220871184, 07313668393

FAQs

What is the CIDCO My Preferred Home Scheme?

It is a housing lottery scheme offering 26,502 affordable homes in Navi Mumbai, where applicants can select their preferred floor, tower, and location.

Who can apply for this scheme?

The scheme is open to individuals from the Economically Weaker Section (EWS) and Low-Income Group (LIG), provided they meet the eligibility criteria.

What documents are required for the application?

AADHAAR card, PAN card, income proof, domicile certificate, and a recent photograph are required. Co-applicant details (if applicable) must also be provided.

Is there a registration fee?

Yes, a one-time non-refundable registration fee of Rs. 236 is required.

Can I choose the floor and tower of my home?

Yes, applicants can select their preferred floor, tower, and location when applying.

Is the payment refundable?

The registration fee is non-refundable, but unsuccessful applicants will be refunded for booking amounts after the lottery results.

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