DDA launches Housing Scheme 2014 to open from today

DDA launches Housing Scheme 2014 to open from today New Delhi: DDA Vice-chairman Balvinder Kumar said, The new scheme offers flats ranging from Rs 7 lakh to Rs 1.2 crore across categories, viz – EWS, LIG, MIG, HIG, Janta flats and one-room apartments and would be rolled out from September 1. DDA for the first time has also introduced a five-year lock-in period for ownership of the flats, to cut out the middleman and reduce the scope of speculative buying.

The ‘DDA Housing Scheme 2014’ would be open to applicants from September 1 and the last date to receive the application is October 9. The draw of lots would preferably be taken out within 20 days of the close of the scheme,” a senior DDA official said, adding, applicants can also apply online.

After five years, the DDA will formally execute a conveyance deed in their favour,” the official said.

The registration fee for all other categories is Rs 1 lakh, and Rs 10,000 for EWS (Economically Weaker Section) category, the official said, adding a ceiling of Rs 1 lakh of annual income has been prescribed for those applying under the EWS category.

Out of 896 newly-built flats, 512 are MIG flats and 384 Janta flats, located in Mukherjee Nagar, Narela, Rohini and Kalyan Vihar areas. The MIG flats would range from Rs 41.30 lakh and Rs 69.90 lakh and the Janta flats – one room tenement with a kitchentte – would cost a little over Rs 10 lakh, it said.

These flats (older) consist of 21 HIG flats, 49 MIG, 451 LIG, 129 expendable and 161 Janta flats. The cost ranges from Rs 1.2 crore for HIG flats to Rs 5.4 lakh for Janta flats, the DDA said. The DDA had earlier said that the total number of flats on offer was over 26,000 but on Friday said the figure has been revised to over 25,000.

For unsuccessful applicants, the DDA would return the registration amount within 90 days of the draw of lots and for delays beyond 90 days; interest would be paid to the applicants. In case of successful applicants, who decide to surrender their allotments, refund amount has been rationalised wherein the maximum amount recovered has been restricted to Rs 50,000.

Any Indian citizen, 18 years of age and above on the date of filing of the application for the flats is eligible for the scheme. The applicants must not own any residential flats or plot in full or in part on leasehold or freehold in Delhi or New Delhi or Delhi Cantonment either in his/her own name or in the name of his/her minor or dependent children, the DDA said.

One person can submit one application only, it said, adding, both husband and wife can apply for flats subject to fulfilment of eligibility conditions with a stipulation that if both are found to be successful, only one of them shall retain the allotment of a flat.

Bureau Report 

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