CIDCO In Trouble For Wrong Information To CM’s Office; Fake House Lottery Data and High Prices
Published 18 Oct 2025, 5:15 PM IST
Key Points
- Wrong Information: CIDCO is accused of giving “unauthentic,” or wrong, information to the Maharashtra Chief Minister’s office about its October 2024 housing lottery.
- Fake Success Story: CIDCO said the lottery was a huge success, claiming 8 people applied for every 1 house. The truth is, only 6,500 people have paid the first installment after 1.5 lakh first showed interest.
- Very High Prices: The house prices were 30% to 100% higher than what an agency (hired by CIDCO) said they should be. This is why most people left.
- Rules Broken: The new homes are also accused of breaking the rules of the Pradhan Mantri Awas Yojana (PMAY). They are smaller than the rules allow and too expensive for the low-income (EWS) category.
What it means for Navi Mumbai
This news is a big shock for people in Navi Mumbai. Many families with low or middle incomes depend on CIDCO lotteries to buy a home. This incident makes people lose trust in CIDCO. First Gaining the Trust of innocent citizens showing a good offer, then changing the deal. It has made many people angry and upset, as their dream of owning a home in Navi Mumbai now seems much harder to reach.
What it means for Navi Mumbai
Navi Mumbai: A big problem is growing around CIDCO’s October 2024 housing lottery. CIDCO is being accused of lying to the state government, including the Chief Minister’s Office. It seems they wanted to make the lottery look like a huge success, but the real numbers tell a different story.
CIDCO officials reportedly told the government that the lottery was very popular, with eight people fighting for every one house.
But here is what really happened. When the lottery was first announced without prices, 1.5 lakh people signed up. They were very interested. But then, CIDCO announced the final prices for the homes.
These prices were extremely high. An agency that CIDCO itself had hired had suggested much lower prices. But CIDCO ignored this and set the prices 30% to 100% higher.
As soon as people saw these high prices, they backed out. The 1.5 lakh interested people dropped to just 8,000 who paid a confirmation fee. Today, only 6,500 people have paid the first installment. This is not a “success.”
The problems don’t stop there. The houses are also accused of breaking the rules of the Pradhan Mantri Awas Yojana (PMAY), a government scheme meant to help poor people get homes.
There are two big rule violations being reported:
- Home Size: The PMAY rule says a home for the EWS (Economically Weaker Section) must be at least 30 square meters. But all the homes in this CIDCO lottery are only 27.12 square meters. They are too small.
- Home Price: The EWS category is for families who earn less than ₹6 lakh per year. But the homes cost between ₹38 lakh and ₹48 lakh. These families cannot afford this, and banks will not give them loans for such a high amount.
Because of all these issues, people feel cheated. Social groups and regular citizens are now asking the government to investigate this entire matter. They want the CIDCO officials who gave this wrong information to be held responsible for breaking the trust of thousands of homebuyers.
