Delhi Development Authority (DDA) has announced draw of lots and selected 12,617 applicants from the total number of applications received. The authority had got over 46,000 applications for the housing scheme. The selected applicants can now own flats under the DDA scheme that are located in different parts of the city including Rohini, Dwarka, Narela, Vasant Kunj, Jasola, Pitampura, Paschim Vihar and Siraspur.
Officials have stated that allotment letters to the selected applicants would be dispatched soon. Once the letters are mailed, the winners are required to make payments for the flat within three months. If no payment is made within the stipulated time, an extension of three months will be given at a 12 percent interest rate. In case the payment is not made after six months, then the allotment will be cancelled.
Launched in June 2017, the housing scheme has flats starting from Rs 7 lakh to over Rs 1.26 crore. Over 90,000 application forms were sold. The DDA scheme is linked with PMAY as well. If the winner furnishes all eligibility criteria as demanded by PMAY housing scheme, he/she can avail a subsidy of around Rs 1.5 to 2 lakh on interest incurred on home loan.