The much-awaited DDA Housing Scheme 2017 will be launched in Delhi today for nearly 13,000 flats constructed by the Delhi Development Authority (DDA) at its headquarter at Vikas Sadan.
The brochure for the DDA flat scheme 2017 is ready and the authority has printed sufficient number of copies.
Lieutenant Governor of Delhi Anil Baijal gave the approval for the housing scheme at the end of May and Union Urban Development Minister M Venkaiah Naidu will be launching the scheme today.
The housing scheme was expected to be launched in mid-June but the project got delayed due to logical constraints such as infrastructure, street light, connecting road and adequate transportation system.
The majority of the flats are located in Dwarka, Jasola, Narela, Rohini and Vasant Kunj areas out of which 10,000 flats are from the 2014 scheme and the remaining 2,000 other units had been lying vacant.
Axis Bank, Bank of Baroda, Canara Bank, Central Bank, HDFC, IDBI Bank, ICICI Bank, Kotak Mahindra Bank, SBI and Yes Bank have been roped in by the housing authority for the scheme.
The scheme has been linked to Pradhan Mantri Awas Yojana (PMAY) under which the buyer can avail subsidies provided by the central government.
DDA has proposed multi-tiered penal measures to keep away “unserious buyers” and check market speculation.
No registration money would be deducted if a potential purchaser surrenders his/her application before the draw date. A 25 percent fee would be deducted after the date of draw but before the issue of demand letter.
A 50 percent registration fee would be deducted if the flat is surrendered after the demand letter is issued but within 90 days of it and no refund will be given after that period.
There will be no economically weaker section (EWS) flats available this time and 10,000 flats are in LIG (low-income group) category from the 2014 DDA scheme.
Both husband and wife can apply for the scheme but one would have to give up allotment if both get the allotment.
Application forms will be available both online and offline. The DDA’s official website got crashed last time due to massive online response in the 2014 scheme.
The price ranges for 2014 scheme was Rs 7 lakh and Rs 1.2 crore for the 25,040 flats.
(With inputs from PTI)
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