Navi Mumbai, September 12: The City and Industrial Development Corporation (CIDCO), the nodal agency in-charge of developing the township in Navi Mumbai, has invited applications for the CIDCO lottery 2019. The registration process has begun, with interested individuals being asked to submit their online applications at lottery.cidcoindia.com. A total of 9,249 low-income homes will be allotted under the lottery scheme.

The registration process began at 5pm on September 11. Most of the houses being allotted by CIDCO under the lottery scheme are based in Taloja, located approximately 50-km from mainland Mumbai. The region is quickly developing into a major residential as well as an industrial hub. MHADA Lottery 2019 Results Declared For Mumbai Board, Check List Of Winners at mhada.ucast.in And lottery.mhada.gov.in.

Apart from Taloja, the houses under the CIDCO lottery 2019 scheme are also located in Kalamboli, lying next to the rapidly developing node of Kharghar and Dronagiri, situated close to Uran. To check the eligibility criteria and other details of the lottery scheme, check the full advertisement here.

The houses to allocated under the lottery scheme will be priced in the range of Rs 18-28 lakh. The tagged price is lower than the current prevailing market rate.

The lottery scheme is aimed at allowing middle and lower-middle class, aspiring for their own residence, to buy a property in the city. Recently, home-aspirants in Navi Mumbai, in the low-income group, also benefited from the Pradhan Mantri Awas Yojana. Under the scheme, houses were allotted in Sanpada and Kharghar areas.

(The above story first appeared on LatestLY on Sep 12, 2019 06:13 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).