CIDCO introduces housing scheme in NAINA region, Navi Mumbai

Share it

By Staff Reporter

According to the approved DCPR of the NAINA project, plots of admeasuring 4000 sq. mtr. or more
area has a provision to develop houses belonging to economically weaker sections and lower income
groups under the Inclusive Housing Scheme. Accordingly, 20% of the total area of the plot has been
made available in the NAINA project region through private developers for tenements belonging to
economically weaker sections and lower income groups. According to this, a housing scheme of total
of 171 tenements is being introduced on the auspicious occasion of Ganeshotsav. Out of which 17
tenements have been made available for sale for economically weaker sections and 164 tenements
for lower income groups.
According to the said provision, 7 developers have submitted the information of the tenements
available under the Inclusive Housing scheme to CIDCO after receiving the occupancy certificate for
the respective project. Accordingly, CIDCO is facilitating to select eligible candidates for such
tenements by conducting lottery. After the said draw, the list of names of eligible candidates will be
communicated by CIDCO to the concerned developers.
Online applications have been invited from the interested applicants who want to participate in the
scheme and after the verification of the documents submitted by the applicants their eligibility for
the draw will be determined. Interested applicants can participate in the housing scheme by visiting
the website lottery.cidcoindia.com. Similarly, information about the scheme will also be made
available through the official social media accounts of CIDCO.
Online registration for the scheme will start on 21 September, 2023 and will continue till 29
September, 2023. The online applications will be processed from 29 September, 2023 till 18
October, 2023. Online payment will start on 29 September, 2023 and will continue till 19 October,
2023. The draft list of the accepted applicants for lottery draw will be published on 02 November,
2023 while the final list of the accepted applicants will be published on 04 November, 2023. The
computerized lottery draw for the scheme will be conducted on 08 November, 2023 at CIDCO
Bhavan.
The only responsibility of CIDCO is to select the eligible applicants by lottery draw for the available
tenements under the Inclusive Scheme and send the list of the eligible applicants to the concerned
developer. All other subsequent proceedings such as – recovering the full amount of the tenement,
issuance of NOC to the successful candidate for raising the home loan, execution of the agreement
for a tenement with the applicant, registration of the agreement with the office of the sub-registrar,

establishment of co-operative housing society, clarifying the doubts of the applicants if any, etc. are
to be completed through the concerned developer.
All are requested to note that CIDCO will not be responsible under any circumstances for further
proceedings after selecting the eligible applicants by lottery draw and sending their list to the
concerned developer.

Leave a Reply

Your email address will not be published. Required fields are marked *

Verified by MonsterInsights