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The big DDA housing fest

If you missed out on the chance to own a flat in Delhi Development Authority’s (DDA) last Housing Scheme in September 2008, here’s a second opportunity. HT reports.

delhi Updated: Aug 06, 2010 00:19 IST
HT Correspondent

If you missed out on the chance to own a flat in Delhi Development Authority’s (DDA) last Housing Scheme in September 2008, here’s a second opportunity.

With 15,000 flats on offer in different parts of the city, DDA is coming out with its biggest-ever housing scheme next month. DDA is the country’s

DDA housing bonanza

15,000 one, two and three bedroom ready-to-move flats are on offer.

Flats in areas like Dwarka, Vasant Kunj, Rohini, Jasola, Mukherjee Nagar and Narela.

Price of houses expected to be between R 9-80 lakh.

DDA will also take up responsibility of maintaining these flats for 30 years.

Corpus of fund to be created for maintenance.

largest land development agency and for most Delhiites, a DDA housing scheme is the only chance for them to own a house in the capital at an affordable price.

The lot includes one, two and three bedroom ready-to-move flats in areas such as Dwarka, Vasant Kunj, Rohini, Jasola, Mukherjee Nagar and Narela.

For the first time, DDA will also take up the responsibility of maintaining these flats.

At present, the local resident welfare associations are expected to maintain the common areas in the apartments, something they rarely do.

“We will take the responsibility of maintenance of these flats for 30 years,” said DDA Vice-Chairman Ashok Kumar Nigam. The DDA will maintain common areas like the façade, staircases, lofts etc.

A corpus of fund will be created for the maintenance of these flats for 30 years after these are allotted. Allottees will have to pay an extra amount for this corpus apart from the cost of the flat.

The housing scheme will also include the flats being constructed at Vasant Kunj for tourists coming for the Commonwealth Games.

“These flats are being furnished and we will dispose them immediately after the Games are over, along with the furnishings,” he said.

The prices of the houses are yet to be decided but the rates are expected to be at least 10 to 15 per cent higher than those in the last housing scheme launched in 2008.

In the 2008 housing scheme, 5,020 flats were on offer with a price range between Rs 7.95 lakh to Rs 77.80 lakh.

“The brochures are being published and the cost of the flats will be decided soon,” said Nand Lal, DDA’s Finance member. “The scheme will be announced next month,” he said.

Previous schemes launched by DDA were in 2006 when 3,500 flats were sold. Before that, DDA had launched a housing scheme in 2004 where 2,500 flats were on offer.