DDA launches new housing scheme

The Delhi Development Authority (DDA) rolled out its biggest ever housing scheme on Monday. The DDA 2014 housing scheme, which has 25,034 flats on offer, has been officially launched by DDA vice chairman Balvinder Kumar. Sale of forms have started.

The last day of submitting forms is on October 9. "The brochure will also be available for download on our website," Kumar said.

Unlike its previous schemes, forms will not be available at Vikas Sadan this time and will neither be accepted at the DDA headquarter.

“We didn’t want people to come and queue up at Vikas Sadan and that is why forms will be sold and can be submitted at selected branches of the empanelled banks,” said a senior DDA official.

Though the printing of brochures started a bit late, DDA officials believe it should not pose a problem. “Very few people buy and submit forms in the initial few days and we don’t expect any shortage of brochures.

Also, since the scheme would be open for nearly 40 days, most people don’t prefer to block the Rone lakh of registration fee for a longer duration,” he said.

The largest chunk of the flats — 22,627 out of total 25,034 — are one bedroom units with a drawing room, kitchen and bathroom and located mostly in Dwarka, Rohini and Narela. The price ranges between Rs. 14-22 lakh for the one bedroom flats, Rs. 41-69 lakh for two bedroom flats and Rs. 69 lakh to Rs. 1.2 crore for three bedroom flats. There are also 700 flats for the Economically Weaker Sections that are priced at Rs. 5.87 lakh to Rs. 9.9 lakh.

While the largest chunk of flats are located in Rohini, Narela and Dwarka, many flats are also located in Jasola, Vasant Kunj, Mukherjee Nagar, Kalyan Vihar and Motia Khan.

The scheme will be open till October 9. Any Indian citizen, who doesn’t own a property in Delhi individually or jointly, is allowed to apply for a flat.

The draw of lots for the scheme is expected to be held between 25 and 31 October and DDA promises to hand over all flats by March 2015. The draw will be held by the Centre for Development of Advanced Computing (C-DAC), which had held the draw for DDA’s 2010 housing scheme too.