CIDCO Lottery My Preferred Home is a housing scheme launched by the City and Industrial Development Corporation of Maharashtra for affordable housing in India.
This scheme provides residential apartments at reasonable prices through a lottery system. It is specifically designed for middle-income and economically weaker sections of society in various cities across Maharashtra state.
The application process is conducted online where interested buyers can register and participate in the lottery draw. Successful applicants get the opportunity to purchase homes at subsidized rates with easy payment plans.
This initiative helps address the housing shortage in rapidly developing urban areas while ensuring transparency in the allocation process through the lottery system. |