

Updated On: 20 December, 2022 06:03 AM IST | Mumbai | Vinod Kumar Menon
It plans to build 67,000 flats in Navi Mumbai of which 7,849 units will be reserved for the EWS category

The mass housing project at Ulwe is being constructed by L&T. Pic Courtesy/CIDCO
Come 2023 and CIDCO is all set to make yet another landmark by setting a target to construct nearly 67,000 homes, of which 7,849 flats in a township at Ulwe will be reserved only for the Economically Weaker Section (EWS). The lottery for the EWS township will happen in January.
CIDCO has pioneered mass housing under PMAY (Pradhan Mantri Awas Yojana), handing over, so far, 23,500 affordable homes in phase 1 and has targeted around 1.25 lakh flats for the EWS and Low-Income Group category, in particular.
“We have received a good number of applications so far and requests from the public to extend the December 23 online submission deadline, which may be considered by CIDCO. The online lottery is scheduled for the third week of January 2023, for allotting 7,849 EWS flats. It is for the first time such a large number of EWS flats have come up for lottery. The possession would subsequently happen, once the full payment is received towards the flat and with completion of other legal formalities, as per CIDCO norms, which would take another few months,” said a senior CIDCO official.
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