DDA Housing in Delhi

Delhi Development Authority has announced what everyone has been waiting for. DDA’s mega housing scheme will be open from November 25 to December 24 this year.

Around 16,000 flats will be offered for the draw. These are located all over Delhi in colonies like Vasant Kunj, Mukherjee Nagar, Motia Khan, Jasola, Dwarka, Rohini, Narela, Jaffarabad, Kondli and Gharoli besides other colonies.

The cost of construction of these flats ranges from Rs 1536 to Rs 6069 per square feet.  

The flats located at Vasant Kunj, which have been built according to higher specifications, will attract a higher price. The cost for the new scheme flats includes lumpsum maintenance charges for exteriors and common portions.

This time, there are nearly 16,000 one bedroom, two bedroom and three bedroom flats on offer.

One person can submit only one application form. There is no income criteria. The applicant can apply only if he has a valid pan card and a bank account.

The applicant will have to deposit a registration fee of Rs 1.5 lakh. But for the Janta one-room tenement category, the amount is Rs 50,000. The cost of the form is Rs 105 and it will be available at various designated branches of the banks. The form details which have been provided in the brochure will be uploaded on the website of DDA on November 25.
The draw will be held by April 2011. Brochures and forms are available at select branches of State Bank of India, IDBI bank, Axis Bank, HDFC bank, Central Bank of India, ICICI, and Union Bank Of India.
No interest will be paid for this period. Money will be refunded to unsuccessful applicants at the earliest, and in case the money is not refunded within four months time from the closure of the scheme, simple interest at the rate of 5% per annum will be paid.

Are you ready to try your luck?

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