The entire application processes will have to be undertaken online as there is no offline form this year.
The Delhi Development Authority has decided to extend the closing date for registration under Housing Scheme 2019 by a month until June 10, 2019.
The scheme was to close on May 10, 2019. The scheme was launched on March 25.
Of the 18,000 put up for sale, 16,900 are located in Narela, and the DDA wants to ensure the new housing scheme does not receive the tepid response it did in 2014 and 2017. Close to 18,000-20,000 have registered so far under the new housing scheme, DDA sources said.
“We are operating through banks, the applications are being received by them. There are about 10 to 12 banks participating with us. We are using bank portals and servers and most banks have communicated to us that due to several reasons they could not get the internal approvals for loan sanctions. It is due to this that the entire process has got delayed,” sources said citing the main reason for extending the scheme.
"We do not want to put pressure on buyers who may want to pay through the banks. Besides, the elections process is on. We therefore decided that we will give the scheme some more time. We are hoping that this will result in more applications coming in,” sources said.
DDA has so far received about 18,000 to 20,000 applications. “There could be more numbers for Vasant Kunj than Narela. The number is not uniform. We are hopeful the number will treble with the extension coming through,” it said.
Out of the total 17,922 flats, Vasant Kunj has 1,286, including 336 three-bedroom ones. Most of the flats on offer are located in Narela, maximum of them being one-bedroom ones (8,164) or those meant for economically weaker sections (6,536).
While the three-bedroom flats are being offered in the range of Rs 1.4 crore to Rs 1.7 crore, two-bedroom flats will cost between Rs 66 lakh and Rs 1.4 crore, and one-bedroom flats are priced in the Rs 22.5-56.3 lakh range.
The entire application processes will have to be undertaken online as there is no offline form this year. Those applying will have to pay the application fee online and upload one's latest photograph and scanned signature. DDA will send important communications and messages such as demand-cum-allotment letter, conveyance deed, etc to the registered email id and mobile number.
The Delhi housing body has empanelled a large number of banks from where the registration fee can be paid. The registration fee, too, is on the higher side this time around, with the maximum being Rs 2 lakh for two and three-bedroom flats.
Those applying for one-bedroom LIG and EWS category flats will have to shell out Rs 1 lakh and Rs 25,000 respectively. The registration fee will be refunded to unsuccessful applicants.Janta flat - Rs 10,000
1 BHK - Rs 15,000
EWS - Rs 25,000
LIG - Rs 1 lakh
MIG/HIG - Rs 2 lakh
However, if the applicant has opted for more than one category, he/she has to deposit the application money of the highest category. An application once submitted cannot be withdrawn.PMAY benefit
For first-time homebuyers, the Pradhan Mantri Awas Yojana (PMAY) benefit may also be available, officials said.Eligibility criteria
The applicant must be a citizen of India and should have completed 18 years of age as on the date of submitting the application.
A flat in the housing estates of the authority shall be allotted only if the applicant (or their spouse or any of their dependent relations, including unmarried children) does not own in full or in part on freehold or leasehold basis a residential plot having an area exceeding 67 sq meters or flat/built-up house having carpet area exceeding 67 sq m in the urban area of Delhi, New Delhi and Delhi Cantonment.
Both the husband and the wife can apply for flats separately subject to fulfilment of eligibility conditions with the stipulation that, if both are declared successful, only one shall be allotted a flat, and the full amount of application money of the other spouse will be refunded.
One person can submit one application either in his/her own name or as a joint applicant.
The income of applicants applying for EWS flats should not exceed Rs 3 lakh per annum. There is no income criterion for other categories.No documents required at the time of submitting application
Applicants will not be required to submit any document at the time of submission. Only successful applicants will be required to submit the prescribed supporting documents.Documents to be submitted after the draw
Self-attested copy of the PAN card: The details of this will be verified before issuance of possession letter to successful allottees.
Identity proof: Self-attested copy of passport, government identity card, Election ID, driving licence, ration card with photo (of the person whose photo is affixed) or Aadhaar card.
Proof of residence: Self-attested copy of passport, government identity card, Election ID, ration card, driving licence, telephone bill, electricity bill, water bill, house tax receipt, bank passbook (page carrying name and address) or Aadhaar card.
Proof of income for EWS category as issued by the office of concerned SDM/ Tehsildar.Mode of allotment
All eligible applicants will be considered for allotment through a computerised draw, based on a random number technique. The draw to be held in the presence of independent observers will be web-streamed.Period of payment
The flat cost has to be deposited within 90 days from the date of issue of the demand-cum-allotment letter. The latter will be issued online for information purpose. However, a hard copy will be sent by registered/speed post.
An email and an SMS will also be sent to all the allottees. An additional grace of six months will be available to allottees, subject to payment of interest at the rate of 10 percent per annum.Maintenance of housing pockets
Applicants will be required to become a member of the registered welfare agency/association of apartment owners formed for the purpose of maintenance. Only one RWA will be registered for one pocket. All allottees will mandatorily have to become member of the concerned RWA.
For major maintenance, the contribution towards the maintenance fund will be recovered from allottees and would be placed in an escrow account. Maintenance works would be undertaken out of the interest earned from this corpus.
The fund will be apportioned to the RWAs registered with DDA and will be managed by a committee which will be represented by the executive engineer of the concerned zone. The fund becomes operative from the date the first demand-cum-allotment letter is issued.Possession of flats
The allottee shall be entitled to take possession only after he/she has completed all formalities, paid all dues and furnished/executed all the documents as required in the demand-cum-allotment letter.
A digitally-signed possession letter will be issued online only, and the allottee has to upload self-attested copies of the requisite documents.
An SMS/email intimation regarding the uploading of possession letter will also be sent to the allottees.
After the issuance of the possession letter, the allottee may reserve a date for the physical possession through the online mode. If the allottee does not take possession of the flat within three months and up to one year from the date of issue of possession letter, he/she shall be liable to pay watch and ward charges at the prescribed rates.
If the physical possession is still not taken over by then, the allotment shall be automatically cancelled. No show-cause notice will be served before cancellation. Any amount deposited towards the cost of the flat will be refundable without the interest in case of cancellation after the deduction of the application firstname.lastname@example.orgSubscribe to Moneycontrol Pro and gain access to curated markets data, exclusive trading recommendations, independent equity analysis, actionable investment ideas, nuanced takes on macro, corporate and policy actions, practical insights from market gurus and much more.