Cidco lottery booking amount refers to the initial payment required for participating in the housing lottery system organized by CIDCO （City and Industrial Development Corporation） in Maharashtra, India.
The booking amount for CIDCO lottery varies depending on the type of housing scheme and the location of the property. This amount is typically a percentage of the total flat cost and serves as an advance payment to secure your application in the lottery draw.
Applicants need to pay the booking amount through designated banks or online payment gateways before the specified deadline. The amount is refundable if the applicant doesn\“t get selected in the lottery draw, though some administrative charges may be deducted.
Recent CIDCO housing schemes in Navi Mumbai and other areas have booking amounts ranging from ₹50,000 to ₹2,00,000 depending on the flat category and project location. |
