Looks like there are many still searching for their dream home in the capital city of Delhi. Last year, the Delhi Development Authority (DDA) came out with its housing scheme keeping around 12,000 flats on sale.
Going a step further, the DDA is all set to put around 21,000 homes on sale in its next housing scheme slated to come in June 2018. Precisely speaking, the total number of flats to be offered counts to 20,980. The flats are priced at the lowest of ₹7.5 lakh to the highest of ₹1.44 crore. So, what’s gonna happen more in DDA Housing Scheme 2018? Let’s find out now.
An Overview of Flat Distribution
Among the 20,980 flats on offer, 3,622, 16,298, 579 and 488 houses will be earmarked for Economically Weaker Section (EWS) or Janata, Low Income Group (LIG), Middle Income Group (MIG) and High Income Group (HIG), respectively. Plus, the scheme is linked to Pradhan Mantri Awas Yojana (PMAY), which entails interest subsidy benefits to the tune of ₹1.40 lakh-2.67 lakh for the eligible beneficiaries.
Where Can You Get the Flats in DDA Housing Scheme 2018?
The flats, which you are going to get on winning the draw, will be located primarily in areas like Rohini, Narela, Dwarka, Siraspur, Vasant Kunj, etc. Interestingly, the DDA is planning to offer around 10,000 unoccupied flats from the 2014 housing scheme to applicants applying for homes located in these areas.
Where Can You Get the Application Forms for DDA Housing Scheme 2018?
The DDA has tied up with 10 banks for the application forms – State Bank of India (SBI), Axis Bank, Bank of Baroda (BoB), Yes Bank, IDBI Bank, ICICI Bank, HDFC Bank, Kotak Mahindra Bank, Canara Bank and Central Bank of India. The application brochures are available at ₹200 inclusive of taxes.
DDA Housing Scheme 2018 Eligibility Criteria
Yes, it may be itching you to apply for the scheme. But do keep in mind the eligibility criteria set by the housing authority before applying. Without any further delay, let’s read those below.
- An Indian resident with a minimum of 18 years
- One should not have any residential house or plot in part or full on freehold or leasehold basis in Delhi, New Delhi or Delhi Cantonment, be it in their name/spouse/minor dependent children
- Those allotted a house or flat constructed by DDA or any other agency won’t qualify for the scheme doesn’t matter if the possession is less than 66.9 square meters. However, if the applicant has a share of fewer than 66.9 sq meters in a jointly owned plot, he/she can apply.
What Was the Scenario in DDA Flats Scheme 2017?
As pointed out earlier, the DDA flats had launched a housing scheme in 2017, putting 12,617 flats on sale. The authority received 46,000 applications, nearly four times the number of flats on offer. It speaks of the interest among the people to own a house in the capital city. There were Janta, LIG, MIG and HIG flats on offer at different locations.
As many as 384 flats Janta flats, located in Rohini, Mangolpuri, Nasirpur, Dwarka, Sultanpuri, Raghubir Nagar, Hastsal, Vikas Puri, Shivaji Enclave, Paschim Vihar, Anand Vihar, Trilokpuri, were put on sale. The prices of these flats were ₹9.24 lakh-12.76 lakh.
LIG flats on sale totaled to 11,197 in 2017, with the price ranging from ₹14.50 lakh-30.30 lakh. The areas of these flats were pretty similar to what’s being stated earlier in the case of Janta. Some of the locations which you can’t find there were Narela and Jasola.
Coming to the MIG flats, they were available in 404 to be precise. The price of these flats was ranging from ₹43.11 lakh-93.95 lakh. These flats were located in areas such as Narela Pocket A-9, Mukherjee Nagar, Dwarka, Kalyan Vihar, etc.
As many as 87 HIG flats, priced at ₹53.52 lakh-1.26 cr, were put on sale in 2017. These flats were primarily located in Dwarka, Jasola, Kondli Gharoli, Paschim Vihar, Vikas Puri, Pitampura, Sukhdev Vihar, Sarita Vihar, etc.