The Delhi Development Authority’s (DDA) housing scheme 2014, slated to close on October 9, might just get extended.
Though nearly 40 days were available for applicants to fill the housing scheme forms since its launch on September 1, DDA witnessed a slump for nearly a fortnight during the recent Shraddh period, which most Hindus believe to be inauspicious for buying property.
The DDA now expects a deluge of applications in the remaining days and sources said that there are plans to extend the deadline to cater to the expected rush.
“For two weeks of the Shraddh period, we got a negligible number of applications and sale of forms also went down. The period got over on September 25 but as there are quite a few bank holidays in the remaining period of the scheme, people would have very little time to submit forms,” said a senior DDA official. “There are plans to extend the last date for submission of forms by a few days or a week,” he said.
“We will take a decision on extending the deadline on the last day of the scheme, October 9,” DDA vice-chairman Balvinder Kumar told Hindustan Times.
“We will certainly extend the last date if we feel there is too much rush on the last few days or if there is any problem or if a lot of people are still waiting to fill forms,” he said.
Kumar said the DDA had taken into account the Shraddh period and the festive season holidays before deciding on the dates the housing scheme.
“The scheme was planned to begin on September 1 and end on September 30 but we extended the day to October 9 keeping in mind the Shraddh period and holidays.
However, we have seen that most people wait till the last few days to apply so that they save interest on the amount to be deposited,” he said.