The Metropolis and Industrial Improvement Company of Maharashtra (CIDCO) on Saturday opened the net registration for the mass housing scheme that can present 26,502 housing items to the residents of Navi Mumbai.
For the primary time, CIDCO, town planning company underneath the Maharashtra authorities, is providing homes constructed adjoining to railway stations and industrial hubs and winners picked via a lottery system could have the choice to decide on houses based mostly on their preferences like ground, tower and site.
Maharashtra Chief Minister Eknath Shinde unveiled the initiative to handle the rising demand for reasonably priced housing within the state, underneath the Pradhan Mantri Awas Yojana for the Economically Weaker Part (EWS) and Low-income Group (LIG).
These can register underneath the scheme ‘My Most popular CIDCO House’ from 11 am via the CIDCO web site. The window for choosing preferences and paying the reserving quantity will stay open for 15 days.
The homes underneath the scheme are located in Vashi, Taloja, Kharghar, Khandeshwar, Panvel and Ulwe, that are near each industrial hubs and railway stations, making every day commuting simpler.
Mode of creating preferences, bookings
The purchasers who’ve accomplished their on-line registration will probably be notified to pick out their preferences. They will select as much as 15 preferences, that are unfold over three rounds of lotteries. In every spherical, candidates could make between one and 5 selections, with every location providing as much as three preferences for particular flooring and towers. There is no such thing as a restrict on the variety of areas an applicant can choose, however the complete preferences in a single spherical can not exceed 5.
After submitting their preferences, clients should pay a reserving quantity based mostly on their housing class: Rs 75,000 + GST for the EWS class, Rs 1,50,000 + GST for LIG 1 BHK, or Rs 2,00,000 + GST for LIG 2 BHK. As soon as the cost window closes, CIDCO will publish a draft checklist of eligible clients. These not on the checklist or with discrepancies of their particulars can elevate objections inside seven days of the publication of the checklist. Objections will probably be addressed inside seven days, and the ultimate checklist of eligible clients will probably be launched.
The lottery date will probably be introduced, and after the draw the checklist of profitable candidates will probably be posted on CIDCO web site. Profitable candidates will obtain a Letter of Intent (LOI) outlining the remaining cost schedule. Those that weren’t profitable will obtain a refund of the reserving quantity inside 30 days.
Doc verification, which incorporates Aadhaar card, PAN card, earnings proof, domicile certificates and a contemporary {photograph}, for winners will probably be scheduled. Upon profitable verification, an allotment letter with a cost plan will probably be issued. As soon as all installments are paid, the settlement course of will probably be accomplished, and the possession of the house will probably be granted. On the possession date, the house consumers will obtain the keys to their new houses.
The homes being provided within the lottery are a part of CIDCO’s bigger plan to assemble 67,000 residential items throughout the Mumbai Metropolitan Area. Round 26,502 accomplished items are actually accessible to the general public at charges decrease than market costs. Given the areas, costs, and high quality of development, the CIDCO lottery is anticipated to draw important curiosity from middle-income and lower-income households.
How you can apply
To start the ‘My Most popular CIDCO House’ shopping for course of, go to the registration web site and enter your full identify and cellular quantity. After receiving an OTP, log in and full the Aadhaar OTP verification by offering your Aadhaar quantity. Then, enter your PAN particulars, choose the suitable class, and, if relevant, present co-applicant particulars. Add all required self-attested paperwork and affidavits. Lastly, pay the one-time non-refundable registration price of Rs 236 and submit your software.
