Cidco Lottery - CIDCO is making housing dreams come true for many in Maharashtra. Through PMAY, it offers affordable homes near train and metro stations, built with modern technologies for durability and quality, ensuring convenience and better living for families.

Aavas Financiers is honored to be a strategic financial partner for CIDCO's 'My Preferred CIDCO Home' scheme, empowering the dream of homeownership for 26,000 individuals by providing tailored and accessible financing solutions.

Introduction to CIDCO Lottery

The CIDCO Lottery is a flagship initiative by the City and Industrial Development Corporation (CIDCO), Maharashtra's premier town planning and development agency. Known for its commitment to creating sustainable and inclusive urban infrastructure, CIDCO plays a crucial role in addressing the housing needs of millions across the state.

This lottery is part of CIDCO's ambitious Mega Housing Scheme, designed to provide affordable homes to the Economically Weaker Sections (EWS) and Lower Income Groups (LIG) under the Pradhan Mantri Awas Yojana (PMAY). With features like strategic locations near transit hubs, modern construction technologies, and government subsidies, the CIDCO Lottery stands as a significant step toward achieving the vision of "Housing for All."

Official Banking Partner - Aavas Financiers

Aavas Financiers Ltd., your trusted partner, offers easy and affordable home loan options for purchasing your dream CIDCO flat.

Why Choose Aavas for Your Home Loan?

1. Fast Approval Process: Get your loan approved quickly with minimal paperwork.

2. Flexible Repayment Options: Tailored loan solutions to fit your financial needs.

3. Competitive Interest Rates: Affordable rates to make your dream home a reality.

4. End-to-End Assistance: Support at every step, from application to disbursement.

How to Apply for a Home Loan?

1. Give a Missed Call: +91 9706128128 for instant assistance.

2. Toll-Free Number: Contact us at 1800-20-888-20 for inquiries.

3. Visit Our Branches: Locate the nearest branch with our Branch Locator.

4. Apply Online: Use the Aavas Loan Mobile App for quick and convenient applications.

Customer Support

• Customer Helpline: 0141-6618888

• WhatsApp Support: 91166-32180

Make your CIDCO flat purchase simple and stress-free with Aavas Financiers. Apply for a home loan today!

What is CIDCO Lottery 2024?

CIDCO Lottery 2024 is an initiative aimed at providing affordable housing to residents of Maharashtra, focusing on transparency and accessibility. This program facilitates homeownership for eligible individuals through a streamlined application and allocation process. It is part of CIDCO's broader mission to support urban development and improve living standards by offering quality housing options to those in need.

Key Highlights of the 2024 Lottery Program

• Eligibility Focus: Tailored for Economically Weaker Sections (EWS) and Lower Income Groups (LIG), with clear criteria ensuring genuine beneficiaries.

• Preference-Based Selection: Applicants can customize their choices by indicating preferences for specific units and project locations.

• Simplified Online Process: From registration to documentation and payment, the entire process is conducted digitally, ensuring ease and efficiency for participants.

• Integrated Support: The program includes guidance and assistance for applicants throughout the process, enhancing user experience.

CIDCO Lottery 2024 combines innovative systems with a user-friendly approach to make affordable housing accessible for thousands of families.

CIDCO Lottery Scheme Overview

1. CIDCO's Mega Housing Scheme aligns with the Pradhan Mantri Awas Yojana (PMAY) to offer affordable housing for economically weaker sections (EWS) and low-income groups (LIG).

2. Homes are designed using Transit-Oriented Development (TOD) for easy commuting, reducing travel time and expenses.

3. Construction leverages precast and green technologies, ensuring durability, high-quality finishes, and fast-paced development.

Eligibility Criteria for CIDCO Lottery

CIDCO Lottery 2024 focuses on inclusivity and provides homes under two main categories: Economically Weaker Section (EWS) and Lower Income Group (LIG). Below are the detailed eligibility requirements and conditions:

Additional Conditions:

1. Social Status Eligibility: Reserved categories like Scheduled Castes, Scheduled Tribes, Notified Tribes, and others must submit relevant certificates.

2. Special Provisions: Physically handicapped applicants with a minimum 40% disability, journalists, ex-servicemen, and project-affected persons are eligible under specific conditions with required documentation.

3. Proof of Income: Income proof through tax returns, salary slips, or employer certificates is mandatory for all applicants.

4. Co-applicant Details: If married, the spouse must be listed as a co-applicant. For unmarried male applicants, the mother may be the co-applicant.

By adhering to these criteria, applicants can ensure their eligibility and proceed smoothly in the CIDCO Lottery 2024 registration process.

Benefits of CIDCO Housing Lottery

1. Affordable Housing: Ensures budget-friendly homes under fixed pricing schemes, catering to EWS and LIG categories.

2. Strategic Locations: Housing projects are near transport hubs like railway and metro stations, reducing commute time and costs.

3. Modern Infrastructure: Homes are built with advanced precast and green construction technologies, ensuring durability and sustainability.

4. Inclusive Opportunities: Reserved quotas for socially and economically disadvantaged groups, including physically handicapped, project-affected individuals, and minorities.

5. Government Subsidy: Eligible applicants can avail up to ₹2.5 lakhs subsidy under PMAY, making homeownership more accessible.

6. Streamlined Process: A transparent and fully digital lottery system ensures fairness in allocation and smooth participation.

7. Integrated Amenities: Developments are designed to include essential services like schools, healthcare, and shopping facilities, enhancing convenience.

8. Future Growth: Proximity to thriving urban areas ensures long-term value appreciation and better living standards.

CIDCO Lottery Registration Process

Step-by-Step Guide to Register Online

1. Visit the Official Website:

   • Open the official CIDCO registration website.

2. Create an Account:

   • Enter your full name and mobile number.

   • Verify using the OTP sent to your registered mobile number.

3. Complete KYC Verification:

   • Enter your AADHAAR number and verify using the OTP linked to your AADHAAR-registered mobile number.

   • Input PAN details for verification.

4. Select Housing Category:

   • Choose the applicable housing category (EWS or LIG) and input monthly income and house ownership details.

5. Add Personal Details:

   • Provide marital status, communication address, and email ID.

   • Add co-applicant details (if applicable) and upload self-attested documents.

6. Upload Required Documents:

   • Ensure all documents are self-attested and scanned in the required format (jpg/png/pdf, max size 2MB).

7. Pay the Registration Fee:

   • Submit a one-time non-refundable fee of ₹236 (inclusive of GST).

   • Payment can be made online through the portal’s payment gateway.

8. Complete Application Submission:

   • Verify all details before submission, as changes cannot be made post-payment.

   • Download the application receipt for reference.

CIDCO Lottery 2024 Dates and Deadlines

How to Check CIDCO Lottery Login and Status?

1. Visit the CIDCO Portal: Navigate to the official CIDCO website (cidcohomes.com).

2. Login Process:

   • Enter your registered mobile number and name.

   • Use the OTP sent to your registered mobile number for verification.

   • Upon successful login, access your account dashboard.

Steps to Track Application Status Online

1. Access the Application Section:

   • After logging in, go to the "My Account" or "Application Status" section.

   • Locate your submitted application under the relevant lottery scheme.

2. Check Status:

   • Click on the application ID to view details.

   • The dashboard will display the current status, including:

     • Registration confirmation.

     • Eligibility verification.

     • Lottery result updates (if applicable).

3. Notifications and Updates:

   • Stay updated through SMS or email notifications linked to your registered details.

   • Any objections or additional requirements will be flagged in the status section.

CIDCO Lottery Results

As of November 25, 2024, the results for the CIDCO Mega Housing Scheme Lottery have not been announced. Applicants are advised to regularly check the official CIDCO website at www.cidcohomes.com for updates.

Once the results are declared, the list of successful applicants will be published online, and notifications will be sent via registered email and mobile numbers. Stay tuned for further announcements regarding the lottery results.

Locations and Projects Under CIDCO Lottery

CIDCO Housing Categories and Sizes

CIDCO Lottery Payment Process

Pricing and Subsidy Details of CIDCO Lottery

The CIDCO Lottery offers homes at highly affordable prices, specifically tailored for the Economically Weaker Section (EWS) and Lower Income Group (LIG) categories, making it easier for eligible families to achieve their dream of homeownership. Here’s a breakdown of the pricing and available subsidies:

Pricing of Homes

1. Economically Weaker Section (EWS) Homes:

   • Carpet Area: 322 sq. ft. (1 BHK)

   • Price: To be announced, but significantly lower than market rates, ensuring affordability.

2. Lower Income Group (LIG) Homes:

   • Carpet Area Options:

     • 322 sq. ft. (1 BHK)

     • 398 sq. ft. (1 BHK - LIG-A)

     • 540 sq. ft. (2 BHK - LIG-B)

   • Price: Structured to cater to middle-income families, with final rates announced at the time of allocation.

Subsidy Under PMAY

1. Pradhan Mantri Awas Yojana (PMAY) offers financial assistance to eligible applicants under the Credit-Linked Subsidy Scheme (CLSS):

   • For EWS Category:

     • Total Subsidy: ₹2.5 Lakhs

     • Breakdown:

       • ₹1.5 Lakhs from the Central Government

       • ₹1 Lakh from the State Government

   • Eligibility:

     • Annual family income up to ₹6 Lakhs.

     • Applicants must not own a pucca house anywhere in India.

   • Note: If the applicant or co-applicant has already availed a PMAY subsidy previously, further subsidy benefits are not applicable.

Additional Benefits

1. Fixed Pricing Structure: Prices are pre-determined and transparent, avoiding market-driven escalations.

2. Government Assistance: State-backed initiatives ensure affordability and financial feasibility for first-time buyers.

3. No Hidden Costs: Pricing details are upfront, eliminating ambiguity during the payment process.

Key Considerations

• The exact pricing for specific projects and categories is announced during the lottery phase.

• The combination of affordable pricing and substantial subsidies makes CIDCO homes an unmatched opportunity for eligible families.

• Applicants must ensure they meet the PMAY subsidy criteria to avail of the financial assistance.

This pricing and subsidy model underscores CIDCO’s commitment to fulfilling the vision of “Housing for All” while promoting inclusivity and affordability.

Advantages of CIDCO Mega Housing Scheme

• Proximity to Key Transit Hubs:

  • Strategic locations near railway stations, metro stations, and major bus depots reduce commute times and improve accessibility.

  • Enhanced connectivity promotes seamless travel for daily commuters, saving time and transportation costs.

• Urban Development Integration:

  • Projects align with broader urban planning goals, enhancing infrastructure and amenities in the vicinity.

  • Promotes balanced regional growth by integrating housing with employment and commercial hubs.

• Green and Sustainable Practices:

  • Incorporation of eco-friendly materials and designs that reduce environmental impact.

  • Efficient resource utilization, including water and energy-saving measures, ensures sustainability.

• Modern Precast Construction Techniques:

  • Faster construction timelines ensure timely delivery of homes.

  • Uniform quality and precision enhance the overall structural integrity of the buildings.

• Long-Term Durability:

  • Advanced construction methods result in homes that are resistant to wear and tear, ensuring longevity.

  • Homes meet high safety standards, reducing risks during natural calamities.

• Affordability Without Compromise:

  • Durable homes are built with cost-effective methods, offering superior value for money without sacrificing quality.

• Enhanced Livability:

  • Well-planned layouts with access to essential amenities like schools, hospitals, and recreational spaces improve overall quality of life for residents.

This combination of innovative techniques, sustainability, and connectivity highlights the CIDCO Mega Housing Scheme’s dedication to building robust, future-ready homes for all.

CIDCO Lottery Refund Policy

Conditions for Refunds After Unsuccessful Lottery Attempts

• Eligibility for Refunds: Applicants who do not win a home allotment in the lottery process are entitled to a full refund of their booking amount (e.g., ₹75,000 for EWS or ₹1,50,000 for LIG 1BHK).

• Non-Refundable Fees: The registration fee of ₹236 (inclusive of GST) remains non-refundable, regardless of the lottery outcome.

• Automatic Refund Processing: Refunds are processed automatically for all unsuccessful applicants, eliminating the need for manual refund claims.

Timeline and Process for Refund Claims

1. Refund Initiation: Once the final lottery results are announced and winners are determined, CIDCO begins refunding the booking amounts for those who are not allotted a home.

2. Timeline for Refund: The refund is credited to the applicant’s registered bank account within 30 days from the announcement of the lottery results.

3. Mode of Refund: The refund amount is transferred electronically to the same bank account details provided during the registration process.

4. Communication: Applicants receive notifications regarding the refund status through SMS and email. Additionally, they can track the status via the CIDCO online portal.

5. Error Resolution: If applicants do not receive refunds within the stipulated period, they can raise a query through CIDCO’s support channels or visit their official website for assistance.

Important Points to Remember

• Ensure the bank details provided during registration are accurate and active to avoid refund delays.

• Applicants should retain their payment acknowledgment and registration details until the refund is successfully processed.

• In case of discrepancies in refund processing, CIDCO allows applicants to file a grievance within a specific time frame for resolution.

How to Apply for PMAY Under CIDCO Lottery

Visit the Official Website:

• Go to the CIDCO Homes website.

Create an Account:

• Enter your full name, mobile number, and email ID.

• Verify your mobile number through OTP for account creation.

KYC Verification:

• Input your AADHAAR number and complete OTP verification linked to your AADHAAR card.

• Enter PAN details for digital verification.

Select Housing Category:

• Choose your eligibility category:

  • EWS (Economically Weaker Section): Annual family income up to ₹6,00,000.

  • LIG (Lower Income Group): Annual family income above ₹6,00,000.

• Indicate house ownership status as per PMAY guidelines.

Provide Personal Details:

• Enter marital status, communication address, and income details.

• For co-applicants (spouse or dependent family members), provide their AADHAAR and PAN details.

Upload Mandatory Documents:

• Self-attested scanned copies of the required documents (as per category) in JPEG/PNG/PDF format (maximum size: 2 MB).

PMAY Registration:

• Obtain your PMAY certification by registering on the PMAY portal (https://pmaymis.gov.in) or via your local government body.

• Link the PMAY details to your CIDCO application.

Pay the Registration Fee:

• Submit the non-refundable registration fee of ₹236 (inclusive of GST) through the online payment gateway.

Submit the Application:

• After completing all the steps, review your application and submit it.

• Download the acknowledgment receipt for future reference.

CIDCO Lottery Income Slabs and Categories

Tips for a Successful CIDCO Lottery Application

Best Practices for Completing the Application Process

1. Understand the Eligibility Criteria

   • Review the income limits, domicile requirements, and other eligibility rules for your chosen category (EWS or LIG) before starting the application process.

2. Gather All Required Documents in Advance

   • Prepare all necessary documents (AADHAAR, PAN, domicile certificate, etc.) in the correct format (JPG/PNG/PDF) and ensure they are self-attested. File size should not exceed 2MB.

3. Use a Reliable Internet Connection

   • Ensure a stable and secure internet connection to avoid interruptions during online registration.

4. Double-Check Personal Details

   • Accurately fill in your personal details such as name, mobile number, and email address. These will be used for verification and communication throughout the process.

5. Verify Category Selection

   • Select the correct category (EWS or LIG) based on your annual income and review its specific requirements to avoid errors.

6. Follow Application Guidelines

   • Carefully follow the step-by-step instructions on the CIDCO website to complete the registration process accurately.

7. Pay the Application Fee Timely

   • Complete the payment of ₹236 (inclusive of GST) promptly. This one-time, non-refundable fee confirms your registration.

8. Utilize the Preference Selection Period

   • Make the most of the 15-day preference selection window to choose up to 15 locations, towers, and floor options. Prioritize preferences based on your requirements and eligibility.

Common Mistakes to Avoid During Registration

1. Providing Incorrect or Incomplete Information

   • Double-check all details to avoid typos or leaving mandatory fields blank. Incorrect information can lead to application rejection.

2. Failing to Upload Required Documents

   • Ensure all mandatory documents, including domicile certificates and co-applicant details (if applicable), are uploaded properly. Missing documents can invalidate your application.

3. Delaying Registration

   • Start the application process as early as possible to avoid last-minute rushes or potential technical glitches during submission.

4. Not Verifying Contact Information

   • Verify that your mobile number and email ID are correct and linked to your AADHAAR for seamless communication and OTP verification.

5. Skipping Application Review Before Submission

   • Carefully review your application before final submission. Once submitted, no changes or corrections can be made.

6. Neglecting Notifications and Updates

   • Regularly check the CIDCO website or app for important updates regarding draft lists, lottery results, and documentation deadlines.

By following these structured tips and avoiding common mistakes, you can significantly enhance your chances of completing the CIDCO Lottery application successfully.

Documents Required for CIDCO Lottery Application

Final Thoughts on CIDCO Lottery

The CIDCO Lottery is an exceptional opportunity for individuals and families seeking affordable housing in Maharashtra. With its transparent processes, modern construction techniques, and convenient locations, the scheme aligns with the vision of "Housing for All." Whether you're eligible under the Economically Weaker Section (EWS) or the Lower Income Group (LIG) category, CIDCO's initiatives are designed to turn your dream of owning a home into reality.

To make the process even smoother, Aavas Financiers offers tailored home loan solutions, ensuring financial assistance is accessible to everyone. With their fast approvals, flexible repayment options, and customer-centric approach, Aavas Financiers is the ideal partner to support you in securing your dream home under the CIDCO scheme.

Don't miss this chance to own a home that brings convenience, quality, and affordability together. Start your CIDCO Lottery application today and rely on Aavas Financiers to help make your homeownership journey stress-free and successful.

Comments: