cidco lottery payment procedure after winning

deltin33 · Yesterday 09:09

The CIDCO lottery is a popular housing scheme in Maharashtra, India that provides affordable housing options to residents. After winning the CIDCO lottery, there is a specific payment procedure that winners must follow to claim their property.

First, winners need to pay the initial booking amount within 30 days of the lottery result declaration. This can be done through online payment methods or at authorized banks. The payment must be made using the application number provided during the lottery registration.

Next, winners must submit all required documents including identity proof, address proof, income certificate, and lottery application form. These documents are verified by CIDCO officials to ensure eligibility.

After document verification, winners need to pay the remaining amount in installments as per the payment plan offered by CIDCO. The organization provides flexible payment options ranging from 12 to 60 months depending on the property value.

Once all payments are completed, CIDCO issues an allotment letter and possession certificate. Winners can then take physical possession of their property after completing all legal formalities and paying any applicable registration charges and stamp duty.

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cidco lottery payment procedure after winning

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