CIDCO’s “Select My CIDCO Home” Mass Housing Scheme has attracted an impressive 92,000 applications for 26,000 available homes within just one month of its launch. To accommodate the high demand, the deadline for online registrations has been extended until December 11, 2024.

Launched on October 11, 2024, the scheme offers 26,000 affordable housing units under the Pradhan Mantri Awas Yojana (PMAY) for Economically Weaker Section (EWS) and Lower Income Group (LIG) categories. These units are located at various nodes in Navi Mumbai, including Vashi, Bamandongri, Kharkopar, Kharghar, Taloja Mansarovar, Khandeshwar, Panvel, and Kalamboli. Applicants have the unique opportunity to select the tenement of their choice.

The scheme offers affordable prices along with the chance to live in Navi Mumbai, known for its excellent infrastructure, connectivity, and quality construction.

To assist applicants, the online registration deadline has been extended, giving them more time to collect necessary documents such as Income and Domicile Certificates. Additionally, the requirement for a barcoded Domicile Certificate has been relaxed, allowing applicants to submit a non-barcoded certificate during registration. However, a barcoded certificate will be required before the allotment letter is issued. The need for an affidavit on Rs.100 or Rs.500 stamp paper has also been relaxed, with applicants now allowed to submit a self-attested affidavit on plain paper.

CIDCO urges eligible applicants to apply for the scheme before the extended deadline to secure their chance of owning a home in Navi Mumbai.

Also Read: Godrej Properties Acquires 3 Plots in Kharghar, But Many of 47 Auctioned by CIDCO Remain Untaken

You May Also Like

Unchanged RBI Repo Rates: A Boon for Real Estate Growth

The Reserve Bank of India (RBI) has decided to keep its key…

Rents Surge 7.4% QoQ Across Major Cities, Rental Yields Increase to 3.62%

Rental prices in major cities across India saw a significant increase of 7.4% quarter-on-quarter (QoQ) between July and September 2024, marking the highest rise in two years. Chennai, Delhi, and Thane led the charge, with sharp rent hikes driven by high demand and limited supply. Meanwhile, rental yields averaged 3.62%, with Ahmedabad recording the highest yield. The report highlights a growing imbalance between rental demand and supply, which is expected to continue influencing prices in the coming quarters.

How Sustainable real estate practices are transforming the industry

The real estate sector is a major source of global carbon emissions,…

Bengaluru’s Home Sales Surge: 30% Jump in Value and 19% Rise in Transactions in June Quarter

Bengaluru’s residential market experienced a 30% jump in home sales value and a 19% increase in transactions in the June quarter of 2024. Prestige Group led in the number of transactions, while Embassy Group achieved the highest sales value. The report highlights a growing demand for premium properties and key trends in various Bengaluru micro-markets.