DDA Housing Scheme 2017 Aawasiya Yojana Flats

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The New housing scheme of Delhi Development Authority (DDA) has been launched on 30th June 2017. Forms and brochures of Delhi Development Authority’s housing schemes are available presently at Vikas Sadan and also at banks ready for purchase. The forms have been available for purchasing purposes since 1st July, 2017.

Latest Events:

  • The Last date to apply for DDA Flats Draw has been extended up to 11th August 2017.
  • The DDA Aawasiya Yojana 2017 has received very poor response. Number of the applicants are half the number of flats offered through the scheme.

Flats under DDA Scheme

Under the Delhi Development Authority’s Housing Scheme, 12,069 flats are placed on offer. 87 of the total units are high income group (HIG) flats while 404 are two room middle income group (MIG) flats. And the majority units of 11197 are one bedroom lower income group (LIG) flats. The remaining 384 flats are janta flats that would be given out for sale.

Most of these flats are located in Jasola, Vasant Kunj, Narela, Dwarka and Rohini. DDA has clarified in the notification that the flats for high income group (HIG) will range between INR 54 lakhs and INR 1.2 crores.

The next set of flats for middle income group (MIG) people would range between 31.35 lakhs and 93 lakhs. The price range for the flats belonging to the low income group (LIG) is 14 lakhs and 30 lakhs. Janata flats range between 7 lakhs and 13 lakhs.

DDA Application Form for Flats Scheme 2017

The branch commissioner of Delhi Development Authority (DDA) elucidated that the forms shall be available for purchase only in select branches of banks till the last date that is 11th August 2017. This housing scheme has been directly linked with Pradhan Mantri Awas Yojana which implies that people will get subsidies on interest if they take a bank loan for payment for the flats.

DDA-Delhi-Development-Authority

There are certain yardsticks for a person to avail the benefits of PMAY. They should not have a concrete house in Delhi. Their annual income should be less than 3 lakhs of rupees if they are applying for houses that fall under EWS category. The urban body of Delhi Development

Authority has tied up with seven banks to facilitate the sale of application forms and scheme related transactions. The seven banks involved in the housing scheme is Axis Bank, Yes Bank, Bank of Baroda, Central Bank, State Bank of India, Kotak Mahindra Bank, HDFC, ICICI Bank and DDA Counter in Vikas Sadan, INA.

The Delhi Development Authority (DDA) has proposed multiple penal measures this time to deter buyers who are not serious and check market speculation. If a potential buyer withdraws his application before the date of draws, no money shall be forfeited or deducted but if a potential buyer withdraws his application after the date of draws, 25 percent of the application money shall be forfeited by the Delhi Development Authority’s Urban Body.

If one surrenders the flat within 90 days of issuing of demand letter, 50 percent of the application fee would be forfeited. Beyond 90 days of issuing of demand letter, the entire registration fee shall be forfeited in case customer surrenders the flat. Under the rules of DDA, both husband and wife can apply for the scheme separately but in case, both receive allotment of flats, one of the two have to give up after mutual discussion.

Most of the flats that are available for sale this year are flats that were surrendered because they were too small for occupancy or the neighborhood was inaccessible and underdeveloped. Lt Governed Anil Baijal who is also the chairman of DDA had given clear instructions to his subordinate to ensure better accessibility, connectivity and development in these areas before the housing scheme was launched this year.

Connectivity problems and development problems are expected to be solved by the time these flats are occupied by new groups of people and families this year. DDA Flats Application forms are available not only offline in branches of certain banks or Vikas Sadan but also online. The DDA has planned to put the entire procedure online to make it faster and efficient.

The forms for application shall be available online and so would be refund procedures. These would reduce long queues of flat buyers and save their times at headquarters. The process would also be smoother considering online operation. It would be easily accessible by serious buyers who might not make it to the headquarters for unforeseen circumstances.

DDA Aawasiya Yojana Official Page

The DDA Housing Scheme that was launched in 2014 offered 25,040 flats that were from different categories and the price ranged between 7 lakh rupees to 1.2 crores. The online response was overwhelming and the website crashed soon after it was launched. A similar upheaval and overwhelming response can be expected this year and logically, it is also awaited.

The brochure costs around RS 200. If you download it online, you are obliged to pay the amount while the submission procedure. All online payments would be facilitated via net banking. Also, if you do it offline, send a demand draft favouring “DDA Housing” payable at Delhi.

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