Real Estate Navi Mumbai

CIDCO's Ulwe Affordable Housing Lottery: 1,500 Units from ₹25 Lakh

By GeoSquare News Desk · Published 2026-11-13

CIDCO has launched a fresh lottery for affordable homes in Ulwe, Navi Mumbai, with prices starting at ₹25 lakh. The scheme is designed to attract first-time buyers, offering 1,500 units across various configurations.

Scheme Details

The lottery includes 1,500 units in different sizes, catering to a range of budgets. With the base price at ₹25 lakh, the scheme is expected to be a significant opportunity for those looking to enter the property market in the Mumbai Metropolitan Region.

Application Process

Applications will be open for a period of 30 days, after which draws will be conducted online. This transparent process aims to ensure fairness and accessibility for all eligible candidates.

Market Impact

The launch is likely to boost demand in the Ulwe micro-market, which has seen steady infrastructure improvements. Improved connectivity and planned amenities make Ulwe an attractive destination for affordable housing investments.