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In India, the CIDCO October Lottery is a popular housing scheme organized by the City and Industrial Development Corporation (CIDCO) of Maharashtra. This lottery is typically held in October each year, offering affordable housing units to residents. Participants can apply online or through designated centers, with draws conducted transparently to ensure fairness. The scheme aims to provide quality homes to middle and low-income families, contributing to urban development. Winners are announced publicly, and successful applicants can purchase apartments at subsidized rates. This initiative helps address housing shortages in rapidly growing cities like Navi Mumbai. |