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In 2024, CIDCO, the City and Industrial Development Corporation of Maharashtra, has launched a new housing lottery scheme aimed at providing affordable homes to residents in India. This initiative focuses on urban development projects in cities like Navi Mumbai, offering various housing options at subsidized rates. The lottery system ensures fair allocation of properties, promoting transparency and accessibility for local buyers. Applicants can register online through the official CIDCO website, with eligibility criteria based on income and residency. This scheme is part of the government\“s efforts to address housing shortages and boost real estate growth in India, making it a significant opportunity for many families. |
