[ecis2016.org] The Delhi Development Authority’s new housing scheme, with 12,000 flats on, offer has been launched by Union Urban Development Minister, M Venkaiah Naidu
Union Urban Development Minister, M Venkaiah Naidu, on June 30, 2017, launched the Delhi Development Authority’s new housing scheme and called for the people of the city to fully utilise the scheme. Addressing a gathering at the Nirman Bhavan, the minister said the scheme had been linked with the Pradhan Mantri Aawas Yohna, to boost the government’s vision of providing ‘Housing for All by 2022’. “This is a step in that direction,” he said.
You are reading: DDA launches new housing scheme, with 12,000 flats on offer
Most of the flats are in Rohini, Dwarka, Narela, Vasant Kunj, Jasola, Pitampura and Paschir Vihar. All the flats have been made with green technologies. Around 10,000 unoccupied flats are from the 2014 housing scheme, while 2,000 flats had been lying vacant. The housing authority had set mid-June as the target date for the launch of the scheme, which was earlier slated to be announced by February, 2017. However, ancillary infrastructure work, such as construction of connecting roads and installation of street lights, had stretched the deadline.
Read also : Bengal’s New Town awarded Gold Certification under Green Cities Rating
“We are happy to launch the new scheme. We have printed adequate number of application forms. There are various logistical constraints involved in launching a scheme of this magnitude. So, we wanted to ensure that everything was in order, before going public,” a senior official said.
“The delay in the launch of the scheme, was due to constraints involved in linking it with partnering banks and also the printing of brochures, which had to be ironed out,” the official said. The urban body has tied up with 10 banks, for the sale of application forms and scheme-related transactions. The banks are Axis Bank, Yes Bank, IDBI, Bank of Baroda, Central Bank, SBI, Kotak Mahindra, HDFC, ICICI and Canara Bank.
Seeking to deter unserious buyers and check market speculation, the DDA has proposed multi-tiered penal measures. “If a prospective buyer surrenders his application before the lottery date, no money will be deducted from his or her registration fee. If a buyer does so after the draw, but before the issue of the demand letter, 25 per cent of the registration fee will be forfeited,” another 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.
[ecis2016.org] DDA’s new housing scheme to be rolled out in June 2017
Read also : Alwal property market: An overview
For the LIG (Lower Income Group) category, the registration fee will be Rs 1 lakh, while for the Middle Income Group (MIG) and High Income Group (HIG) flats, Rs 2 lakhs will be charged. “People are free to visit the areas where the flats are being offered. We have also removed the lock-in period clause, as we realised this was also a factor in buyers surrendering flats. This is also to keep a check on those elements who do market speculation,” 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.
Sources said most of the flats were one-bedroom LIG flats, from the last housing scheme. “About 10,000 are LIG flats from the 2014 DDA scheme. Unlike the EWS (Economically Weaker Section) category last time, in this scheme there will be no such category,” the official said. Application forms will be available both, online and offline, he said. The DDA, this time, has planned to put the scheme online – including forms for application, refund and so on – 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 lakhs and Rs 1.2 crores. The online response was so massive that the DDA’s official website crashed, soon after the launch. The one-bedroom flats were offered in Dwarka, Rohini, Narela and Siraspur areas.
Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org
Source: https://ecis2016.org
Category: Lifestyle
