DDA extends last date to apply for special housing scheme

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DDA extends last date to apply for special housing scheme

The Delhi Development Authority (DDA) announced on Monday that the deadline for applying for the Special Housing Scheme 2021 has been extended to March 10 based on public demand and in view of the third wave of the coronavirus pandemic, authorities said. So far, they said, a total of 16,000 applications have been received under the scheme launched on December 23, 2021. The new private housing scheme offers just over 18,000 apartments, with all units drawn from its previous stock. The deadline for the scheme was February 7, 2022, when it was announced. “Based on public demand and conditions due to the third wave of the COVID-19 pandemic, the Department of Disarmament Affairs has decided to extend the application deadline for the Special Housing Plan DDA 2021 until 03.10.2022”, the metropolitan authority said in a statement. statement. He said extending the date will make it easier for interested people to apply for the system. This was the Housing Authority's second scheme for 2021, with the first scheme being implemented early last year. The Delhi Development Authority made the announcement via a newspaper advertisement saying that the apartments were being sold at "reduced prices' ' and according to the DDA brochure, the maximum price for apartments is around INR ₹2.14 crore in HIG class at Jasola. DDA special housing scheme Read More - DDA launches special housing scheme to sell over 18,000 flats - Details here The 18,335 apartments of various classes, located in Dwarka, Naraila, Rohini and Jasola, among others, that are offered under this scheme are those that remained “unsold in previous housing schemes” in the urban body. The inventory consists of -- 205 HIG flats; 976 MIG flats; 11,452 LIG flats and 5,702 flats under the ESW/Janata flats category. While announcing the approval of the new scheme, the DDA said in a subsequent statement that the apartments are being offered at old rates or costs in a relaxation of the DDA's cost policy, which is updated each fiscal year based on appreciation or depreciation. . The cost of the land or construction, as appropriate. The allocation will be eligible under the PMAY scheme of the central government. The statement says that if they benefited from a loan to buy a house from a bank or financial institution. Officials said that the entire process, from application to assignment to procurement, is done through the online mode. The Department for Disarmament Affairs on March 10 last year allocated 1,353 apartments to people under its housing plan launched in January 2021, through a lottery, which was broadcast online. Read More - India’s home renovation platform turns unicorn with $180 mn funding led by KKR