The DDA, which has an inventory of about 40,000 unsold flats, has spruced up their infrastructure and connectivity to help attract buyers
Homebuyers can book a flat in the locality and floor of their choice by paying a token booking amount. Individuals can apply for flats even if they or their family members already own a flat or plot of land in Delhi.
The Government of India has already released Rs 4,032 crore under PMAY-U so far in the 2022-23 financial year but the AP government released only Rs 2,556 crore of the grant to the Housing Department, diverting another Rs 1,476 crore.
Successive governments have been unable to meaningfully execute housing policies
The scheme has received 47,000 applications, with Vasant Kunj being the top choice for a majority and Narela coming in second
But will the subsidy be useful for the common man? Watch the accompanying video for the answer..
The housing units meant for the rural poor have been completed in a record span of nine months, Uttar Pradesh Rural Development Minister Mahendra Singh told reporters.
There would be ratings between one and five stars. This would help consumers know about the sustainability of the houses, CEO, Green Rating for Integrated Habitat Assessment (GRIHA) Council, Sanjay Seth said.
The initial deadline for submission was August 11, but DDA authorities had extended it by a month, following poor response from people till July-end.
The Delhi Development Authority (DDA) has completed all the formalities for the launch of its housing scheme comprising 12,000 flats and the proposal has been sent to the Lieutenant Governor (LG) for his approval, R
The move comes a day after the Prime Minister's Office (PMO) held a meeting with private real estate developers with a focus to remove "bottlenecks" to ensure private sector participation in the government's ambitious 'Housing-for-all by 2022' programme.
National Housing Bank (NHB), as a central nodal agency (CNA), has disbursed housing subsidies worth Rs 421 crore so far this year and expects to double this next year, an official said today.
A parliamentary panel has asked the Housing and Urban Poverty Alleviation (HUPA) Ministry to immediately get a thorough probe done into the cases of fraud being committed by unscrupulous elements, in the name of R
The scheme was being implemented by the state government with Central assistance for the economically poor, an official release said.
A senior DDA official, when contacted said, "Certain pockets of areas falling under the scheme lack basic infrastructure around flats like link roads, street lights, and so we will address these issues. The new scheme should be out sometime in February."
The Employees‘ Provident Fund Organisation (EPFO), has revealed that it is working on a housing scheme, which will enable its subscribers to pledge their PF accumulations to buy homes and pay home loan EMIs R
The Delhi Development Authority’s (DDA‘s) Housing Scheme 2016, with 12,000 flats on offer, is likely to be launched around Diwali, in what could be a festive bonanza for home buyers. Out of the total R
The ministry intends to collaborate with PSU banks, housing finance companies, state-owned construction firms like NBCC and authorities like DDA, PUDA, HUDA to build houses at a price to be fixed by the government. Over 70 percent EPFO subscribers' basic wages are less than Rs 15,000 per month.
The much awaited draw of lots for the Delhi Development Authority's flagship 'Housing Scheme 2014' is done and dusted. Over 10 lakh people applied with just 25,000 flats up for grabs.
The Delhi government's biggest housing scheme sees a tepid response. Prime Property finds out why?
After a four-year long hiatus, the state-owned Delhi Development Authority (DDA) this week launched a housing scheme for 25,034 apartments ranging from Rs 7 lakh to Rs 1.2 crore.
The much awaited Union Budget 2011-2012 was announced by the Finance Minister (FM) in the Parliament. Though not every aspect from the wish bag has been considered by the FM in the Budget, he has certainly made an effort to fulfill few of the wishes.