Real Estate

Cidco Lottery 2022: Online Application, Eligibility, Results

CIDCO lottery 2022: Online Application, Eligibility, Results

The deadline to submit an application for the most recent CIDCO Lottery Scheme 2022 is December 23, 2022, therefore the countdown to applying has begun. There are almost 7,800 available apartments in the Ulwe node, with prices starting at about Rs 35 lakh. Over 12,000 applications have already been submitted, indicating that the programme has been well welcomed. If you haven't applied yet, keep reading to learn about the complete procedure and its specifics.

 On October 28, 2022, the City and Industrial Development Corporation of Maharashtra (CIDCO) introduced the New Diwali Lottery Scheme, a mass housing lottery programme. The authority will build and provide about 7,849 housing units to applicants who fall under the EWS and low income group (LIG). More than 12,000 people have already applied for the programme. The programme, which is estimated to cost roughly Rs 35 lakh, would encompass Bamandongari, Kharkopar (East) 2A, 2B, and P3 in Navi Mumbai's Ulwe node. The deadline for applications is December 23, 2022, and the drawing will take place on January 19, 2023.

 

Are you looking flat for sale in Panvel?

How can I sign up for the CIDCO lottery programme?

You can apply for the programme online. The following describes the process as described on the CIDCO website:

•             Step 1 is to create an account on the CIDCO website. Register here by clicking.

•             Step 2: Provide the necessary details, along with your cell phone number for contact purposes.

•             Step 3: Complete the information for refunds, including your PAN card, Aadhaar card, and bank information. Note: Include a passport-size picture and a check cancellation.

•             Step 4: CIDCO will need 24 hours to process your application after you upload the necessary paperwork. The "Apply" button will become active once your application has been processed.

•             Step 5: At this point, you must choose the application scheme.

•             Step 6: Decide whether you are an individual or joint candidate. If you are applying jointly, give the necessary information, such as your PAN card.

•             Step 7: Verify the application and lottery information after accepting the terms and conditions.

•             Step 8: At this point, you can pay online using NEFT/RTGS, a credit card, or net banking.

 

Who qualifies for the CIDCO lottery programme for 2022?

To be eligible to participate in the CIDCO lottery programme, candidates must meet all of the requirements listed below:

•             A candidate must be older than 18 years old. No application submitted under a child's name will be approved.

•             a residence permit

•             An applicant for LIG apartments must have a monthly income of between Rs 25,001 and Rs 50,000.

•             If a potential applicant's monthly salary is between Rs. 50,001 and Rs. 75,000, he may apply for MIG apartments.

•             If a potential candidate has a Pan Card and a monthly income of at least Rs. 75,001, they may apply for HIG apartments.

 

What paperwork is needed for the CIDCO lottery scheme?

•             Age documentation (over 18 years)

•             if necessary, a caste certificate

•             Domicile certificate - 15+ years of continuous residence in the State

•             Income verification: For the EWS group, yearly income must not be less than Rs 3 lakh.

•             Income documentation: For the General category, yearly income of more than Rs 3 lakh

•             affidavit confirming the applicant's lack of property ownership in Navi Mumbai

 

Details for the CIDCO September 2022 Lottery

Under the Pradhan Mantri Awas Yojana, CIDCO released roughly 4,100 units, of which about 400 flats were reserved for applicants from the EWS group (PMAY). The category's annual income cap was established at Rs 6,00,000, and the subsidy was worth Rs 2,50,000. The Earnest Money Deposit (EMD) sum from the prior CIDCO lottery was kept.

In addition, CIDCO provided approximately 240 retail spaces, six business locations, a hotel-plot, 64 residential property parcels, and five residential-commercial plots.

 

Draw date for the September 2022 CIDCO lottery

On November 23, 2022, CIDCO released the list of selected candidates via an online lottery draw. The lottery draw was conducted, and the results were made public at 11:00 am the same day. As a consequence, 4,158 homes in total were allocated. In Navi Mumbai, "Housing for All" was pushed through the CIDCO housing programme, which was unveiled in September 2022.

 

What to do if you win the CIDCO lottery

Following their selection in the CIDCO lottery, all successful candidates will be required to do these tasks.

•             You will get a "First Intimation Letter" by mail from the company. The papers listed in the letter, including the PAN card, residence certificate, income certificate/paystub, passport, voter's ID, birth certificate, driver's licence, and school diploma, will need to be submitted by all winners.

•             CIDCO representatives will cross-check each document that is provided. You will receive a "Provisional Offer Letter" if all the papers you supplied are accurate. You will receive a letter requesting the necessary papers if the corporation discovers any inconsistencies in the provided documentation.

•             You must pay a specific sum for the apartment within a particular length of time after receiving the provisional offer letter. For instance, winners of the MHADA lottery had 45 days from the day the notice was sent to pay 25% of the flat fee. Winners must pay the remaining sum in another 60 days. If not, interest will be assessed.

•             You will receive an allocation letter once you have paid the full sum of the apartment. Pay any applicable stamp duty and registration fees and deliver a copy of the registration certificate to the CIDCO office.

•             You will receive three copies of the letter of possession.

 

Process for CIDCO Lottery refunds

The registration fee (EMD) will be returned to all rejected applicants' bank accounts. The opportunity to store the money in the CIDCO wallet for next lottery schemes is provided by CIDCO. CIDCO will swiftly return the money if you decide you do not wish to keep the refund in your wallet.

If you paid for the application with a debit or credit card, CIDCO will reimburse the money to your bank account immediately. Demand Drafts (DDs) are the only payment method accepted if you make your payment using one.

The registration fee is typically returned within 7 working days of the lottery result announcement. You can call the CIDCO support number if you haven't gotten your money back.

 

2022 CIDCO Plot Scheme

CIDCO has introduced a new programme to provide commercial stores and plots in Kharghar, Ghansoli, Kalamboli, Taloja, and Dronagiri in honour of Gudi Padwa. Anyone interested in applying for the programme can do so by going to the CIDCO website. E-auction and e-tender processes will be used to distribute the plots.

 

 

Source From- navimumbaihouses