Your wait to own an affordable house in Delhi could end soon, with the Delhi Development Authority launching its new housing scheme next Thursday.
In its biggest housing scheme till date, the Delhi Development Authority (DDA) is offering 16,000 flats, priced to suit all budgets, across the city.
Applicants will have to deposit R1.5 lakh as registration amount, which will be refundable. The scheme will be launched on November 25 and applications will be accepted till December 24.
The draw will be held within four months from the last day of closure.
The flats are located in areas such as Vasant Kunj, Mukherjee Nagar, Motia Khan, Jasola, Dwarka, Rohini, Narela, Jaffarabad, Kondli and Gharoli.
There is a mix of one bedroom, two bedroom and three bedroom houses and the prices are between Rs. 9 lakh and Rs. 1.12 crore.
The cost of construction of these flats ranges from Rs. 1,536 to Rs. 6,069 per square feet.The most expensive flats in the lot will be the ones in Vasant Kunj.
These furnished flats have been made with higher specifications and will cost more than Rs. 1 crore.
Information brochures for the housing scheme, along with application forms, will be available at select branches of State Bank of India, IDBI bank, Axis Bank, HDFC bank, Central Bank of India, ICICI Bank and Union Bank Of India. Brochure will also be uploaded on the DDA website on November 25 and applications can be submitted online too.
Singed by controversy due to forged documents being submitted by several applicants in its last housing scheme in 2008, the DDA has introduced more stringent rules, this time around.
A new condition, that requires the allotment money to be from the bank account of the allottee, has been inserted. The allottee will also have to submit a copy of the bank passbook and bank certificates at the time of possession.
This is also the first time that houses for the economically-weaker sections of society have been included in a housing scheme. These flats include Janta one-room houses in areas like Narela, Trilokpuri and Shivaji Enclave.
These houses are priced between R3 and 6 lakh; the registration amount is Rs. 50,000.
Dec 2008 scam hit DDA hard
In December 2008, the Delhi Development Authority held the draw of lots for a housing scheme offering 5,020 flats. However, a scam was unearthed in the case by the Economic Offences Wing (EOW) of the crime branch of the Delhi Police in flats allotted in the reserved category initially.
Afterwards, the EOW widened the ambit of the probe by sending notices to all allottees in the general category as well.
After investigation, the police arrested retired Delhi Development Authority (DDA) clerk ML Gautam (who masterminded the scam), real estate agents Raju Ram and Deepak Kumar (who allegedly blew the lid off the scam after falling out with the syndicate of real estate agents), Lakshmi Narayan Meena, a resident of Jhunjhunu in Rajasthan and Dinesh Dral, an agent from west Delhi’s Dwarka.
While initially it was alleged that the draw of lots was rigged, later, the EOW said it was not.