Cidco to launch new housing scheme in December
Cidco will launch a new housing scheme for EWS and LIG in December 2018 for 23000 flats, 9000 for EWS and 14,000 for LIG. The details were being worked out, the new MD, Lokesh Chandra said. The current housing scheme for PM Awas Yojna and LIG for 14,838 flats will be flagged off by CM on August 13 when registration will start; online application from August 15. Registration will continue till September 15 while application till September 16. The MD defended the pricing of the housing scheme. The land cost was loaded at its minimum and Cidco did not have any profit motive in the scheme. Besides, there was subsidy also in both categories that will be availed by owners. The first online housing scheme will ensure transparency. The lottery draw is scheduled for October 2.
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