CIDCO Unveils First-Ever FCFS Housing Scheme In Navi Mumbai
Real Estate

CIDCO Unveils First-Ever FCFS Housing Scheme In Navi Mumbai

CIDCO has introduced a major shift in Navi Mumbai’s housing landscape by launching its first-ever first-come, first-served (FCFS) housing scheme. Departing from the traditional lottery-based system, CIDCO will now allot homes based solely on booking order — a move that has quickly attracted widespread attention from homebuyers across the region.

The scheme offers 4,508 ready-to-move homes across Taloja, Dronagiri, Ghansoli, Kharghar and Kalamboli. These are completed apartments with essential amenities, launched at a time when buyer interest is rising due to rapid infrastructure expansion and the upcoming Navi Mumbai International Airport.

Of the total units, 1,115 homes are reserved for the Economically Weaker Section under the Pradhan Mantri Awas Yojana, with eligible beneficiaries able to access a subsidy of Rs 250,000. The remaining 3,393 homes fall under the Low-Income Group category, offering a sizeable opportunity for families seeking affordable, well-planned housing.

CIDCO vice-chairman and managing director Vijay Singhal described the scheme as a “golden opportunity” for first-time buyers. Unlike the lottery system, applicants can now browse available units, select their preferred home and secure it once documents are verified and payment is completed — eliminating long waiting periods and uncertainty.

The featured locations have seen steady development over the past decade. Kharghar and Ghansoli are already established hubs with strong connectivity and social infrastructure, while Taloja and Dronagiri are gaining prominence thanks to expanding metro links, upgraded highways and airport-driven growth. Proximity to the upcoming airport remains a major draw for buyers.

Online registrations open on 22 November at 4 pm, with applicants able to check carpet area, prices and exact locations on CIDCO’s official portal. Those registering by 21 December will gain access to the unit-selection window opening on 28 December at 11 am.

Once the selection system goes live, units will be booked strictly in the order in which applications are submitted. CIDCO has advised early registration for those seeking specific units or preferred building locations.

As all apartments are ready for possession, buyers avoid construction delays and can move in immediately after completing payment — a significant advantage for families currently living on rent.

In a city where demand for affordable housing continues to rise, the scheme reflects both confidence and urgency. With Navi Mumbai undergoing major infrastructural transformation, ready homes in emerging growth corridors are expected to see strong interest. Early indicators suggest that many of the 4,508 homes may be booked quickly, especially as the ability to choose a unit — rather than rely on a draw — appeals strongly to first-time buyers.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

CIDCO has introduced a major shift in Navi Mumbai’s housing landscape by launching its first-ever first-come, first-served (FCFS) housing scheme. Departing from the traditional lottery-based system, CIDCO will now allot homes based solely on booking order — a move that has quickly attracted widespread attention from homebuyers across the region. The scheme offers 4,508 ready-to-move homes across Taloja, Dronagiri, Ghansoli, Kharghar and Kalamboli. These are completed apartments with essential amenities, launched at a time when buyer interest is rising due to rapid infrastructure expansion and the upcoming Navi Mumbai International Airport. Of the total units, 1,115 homes are reserved for the Economically Weaker Section under the Pradhan Mantri Awas Yojana, with eligible beneficiaries able to access a subsidy of Rs 250,000. The remaining 3,393 homes fall under the Low-Income Group category, offering a sizeable opportunity for families seeking affordable, well-planned housing. CIDCO vice-chairman and managing director Vijay Singhal described the scheme as a “golden opportunity” for first-time buyers. Unlike the lottery system, applicants can now browse available units, select their preferred home and secure it once documents are verified and payment is completed — eliminating long waiting periods and uncertainty. The featured locations have seen steady development over the past decade. Kharghar and Ghansoli are already established hubs with strong connectivity and social infrastructure, while Taloja and Dronagiri are gaining prominence thanks to expanding metro links, upgraded highways and airport-driven growth. Proximity to the upcoming airport remains a major draw for buyers. Online registrations open on 22 November at 4 pm, with applicants able to check carpet area, prices and exact locations on CIDCO’s official portal. Those registering by 21 December will gain access to the unit-selection window opening on 28 December at 11 am. Once the selection system goes live, units will be booked strictly in the order in which applications are submitted. CIDCO has advised early registration for those seeking specific units or preferred building locations. As all apartments are ready for possession, buyers avoid construction delays and can move in immediately after completing payment — a significant advantage for families currently living on rent. In a city where demand for affordable housing continues to rise, the scheme reflects both confidence and urgency. With Navi Mumbai undergoing major infrastructural transformation, ready homes in emerging growth corridors are expected to see strong interest. Early indicators suggest that many of the 4,508 homes may be booked quickly, especially as the ability to choose a unit — rather than rely on a draw — appeals strongly to first-time buyers.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement