DDA to hold draw for 12,000 flats by November end


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DDA flats

The Delhi Development Authority (DDA) will hold a draw for a new housing scheme, offering 12,000 flats across four income categories in different areas of Delhi by the end of November 2017. The DDA housing scheme has received over 46,000 applications. The draw is likely be streamed online.

Out of 12,000 flats under the scheme, around 10,000 are unoccupied properties from the 2014 housing scheme launched by the Authority. The housing scheme offers flats, ranging from Rs 7 lakh to Rs 1.26 crore, in these locations - Rohini, Dwarka, Narela, Vasant Kunj, Jasola, Pitampura, Paschim Vihar and Siraspur.

The four categories of houses are - HIG (high-income group) with 87 flats ranging from Rs 53.52 lakh to Rs 126.81 lakh; MIG (middle-income group) with 404 flats ranging from Rs 31.32 lakh to Rs 93.95 lakh; LIG/one-bedroom flats counting 11,197 and ranging from Rs 14.50 lakh to Rs 30.30 lakh; and 384 Janta flats ranging from Rs 7.07 lakh to Rs 12.76 lakh. For the LIG (lower-income group) category, the registration fee will be Rs 1 lakh while for MIG and HIG flats, Rs 2 lakh will be charged as the registration fee.

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. 99acres does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

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