DDA housing scheme inaugurated, 13000 flats on offer in Delhi

The Delhi Development Authority’s (DDA) housing scheme was launched by Union urban development minister M Venkaiah Naidu on Friday. Forms and brochures are now available at Vikas Sadan and can be purchased from banks starting Saturday morning .

There are 12, 069 flats on offer under the scheme of which 87 are high-income group (HIG) flats, 404 are two-room middle income group (MIG) flats. The rest 11197 are one-bedroom lower income group flats (LIG) flats and 384 janta flats.

Read: Here is how you can apply for DDA Housing Scheme 2017

Most of these located in Rohini, Dwarka, Narela, Vasant Kunj and Jasola. DDA said the cost of these flats will range between Rs 53.52 lakh and Rs 1.2 crore for HIG, Rs 31.32 lakh and Rs 93.95 lakh for MIG. For LIG one has to pay between Rs 14.50 lakh and 30.30 lakh and for Janta flats one has to shell out between Rs 7.07 lakh and Rs 12.76 lakh.

Principal commissioner (housing), DDA, JP Agarwal, said the forms and brochures will be available in select branches of banks in Delhi till August 9. The scheme has been linked with the Pradhanmantri Awas Yojna which means people fulfilling the criteria will get subsidy in the interest when they take a bank loan, he said.

Read: Why you shouldn’t worry if you haven’t got a flat in DDA draw

“For a person to be applicable to get the benefits of Pradhanmantri Awas Yojna, one should not have a concrete house in Delhi, their income should be under Rs 3 lakh annually if they are applying for houses under EWS category. Besides, there are other riders,” he said.

The urban body has tied up with seven banks for the sale of application forms and scheme-related transactions. The banks are Axis Bank, Yes Bank, Bank of Baroda, Central Bank, SBI, Kotak Mahindra, HDFC, ICICI and DDA counter in Vikas Sadan, INA .

Seeking to deter “unserious buyers” and check market speculation, the DDA this time has proposed multi-tiered penal measures. “If a prospective buyer surrenders his application before the date of draws, no money will be deducted from his or her registration fee. If a buyer does so after the draw but before the issue of a demand letter, 25 per cent of the registration fee will be forfeited,” an official had earlier said.

If the flat is surrendered within 90 days of the issue of the demand letter, 50 per cent of the fee would be cut. “Beyond that time period, the entire registration fee will be forfeited,” he said.

Under the rules, a husband and a wife can apply for the scheme but if both get an allotment, one of them will have to give it up.

Most of the flats up for grabs this time are the ones that were surrendered because the applicants found them too small or the neighbourhood was underdeveloped. Lt Governor Anil Baijal, who is also the DDA chairman, had instructed senior officials to ensure that adequate public transport connectivity and other necessary basic infrastructure were put in place before the launch of the new scheme.

Application forms will be available both online and offline, an official said. The DDA has also planned to put the scheme online — for forms for application, refund — to reduce long queues of flat buyers at its headquarters.

The 2014 scheme offered 25,040 flats across categories, with prices ranging between Rs 7 lakh and Rs 1.2 crore. The online response was so massive that the DDA’s official website crashed soon after the launch.

(With PTI inputs)