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CIDCO grants final extension to defaulter applicants of Mass Housing Scheme 2018-19 for remaining payment

The extension has been granted on the request of the applicants

CIDCO grants final extension to defaulter applicants of Mass Housing Scheme 2018-19 for remaining payment
SHARES

The CIDCO has decided to grant a final extension till 10th January, 2024 to the defaulter applicants of Mass Housing Scheme 2018-19, who have not paid the instalments of the tenement, to pay the entire amount of their respective tenement along with delay payment charges. The extension has been granted on the request of the applicants. 


“We always strive to fulfil every common man’s dream of a house. In line with this, there is no doubt that this golden opportunity will be made available on the auspicious occasion of Diwali to those who are eligible applicants in 2018-19 housing scheme of CIDCO who were not able to pay their instalments initially. However, I appeal to concerned citizens to take advantage of this golden opportunity", said Eknath Shinde, Chief Minister. 


“Considering the requests made from time to time by eligible applicants in 2018-19 housing scheme of CIDCO, the decision to extend the deadline to pay remaining instalments is taken as directed by the Chief Minister of Maharashtra. It will definitely help many eligible applicants to fulfil their dream of a rightful home", said Anil Diggikar, Vice Chairman & Managing Director, CIDCO.


The lottery draws were conducted during the years 2018 to 2019 for the tenements under CIDCO Mass Housing Scheme for various categories. The tenements were made available for EWS and LIG categories in these housing schemes. The tenements under the said housing schemes are constructed in 5 nodes namely Taloja, Kharghar, Kalamboli, Ghansoli & Dronagiri in Navi Mumbai.


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The allotment letters were issued to the eligible applicants of these housing schemes (between 09.09.2019 to 21.02.2022) after scrutiny of documents. In the allotment letter, payment schedules have been given. It has been found that some applicants have paid partly instalments while some have not paid any instalment till the date. The allotments of such defaulter applicants are liable to cancel as per the law.


However, some of these defaulter applicants have requested CIDCO for granting an extension for the payment of remaining instalments. 


Accordingly, an Amnesty Scheme was implemented by CIDCO till April 30, 2023 by granting concession in Delay Payment Charges (DPC) of the balance amount of instalments. However, as some of the applicants could not avail the benefit of this scheme due to various difficulties/reasons, they requested CIDCO to grant an extension to pay the instalments.


As a last chance, an extension is being given to the defaulter applicants who were given the allotment letters between 09.09.2019 to 21.02.2022, to pay all the remaining instalments along with all Delay Payment Charges (DPC) till January 10, 2024.


Accordingly, all such defaulter applicants should take benefit of this last chance to pay the entire amount (along with DPC) of the tenement to CIDCO. The allotment letters of the defaulter applicants who will fail to pay the entire amount within the said period will be cancelled and their EMD amount will be forfeited as per the rule. Also, 10% of instalments paid to CIDCO, will be deducted and the remaining amount will be returned to the applicant's bank account.

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