Wait over: DDA draw to be finally held today
It is official now, the much awaited and much delayed draw of lots for Delhi Development Authority’s (DDA) housing scheme 2014 is going to be held on Tuesday, November 25.
It is official now, the much awaited and much delayed draw of lots for Delhi Development Authority’s (DDA) housing scheme 2014 is going to be held on Tuesday, November 25.
DDA had earlier scheduled November 5 as the tentative date for holding the draw but the last 20 days saw a massive flip flop as new dates were announced that eventually went by. The draw was again announced on November 17 but a day before DDA said it is postponing the draw indefinitely.
DDA said that the draw would now take place at its headquarter Vikas Sadan on November 25 from 11.30 am. The whole process is expected to take about two hours and within an hour after the draw, DDA promises to upload the results on its website
. For the first time, DDA would also webcast the draw live at
.
DDA has offered 25,034 flats in its biggest ever housing scheme and received 10,08,700 applications. For every flat, there are approximately 40 people who have applied, which means each applicant has a 2.5 per cent chance of landing a flat. Though better than the 2010 housing scheme, when the ratio of flats to applicants was about 46, you still need to be very lucky to get a flat when DDA holds its draw of lots.
Most of the flats on offer are one bedroom flats. Prices for the flats range from Rs 6.10 lakh for a Janta flat to Rs 1.20 crore for a three bedroom flat. Prices of two bedroom flats are in the range of Rs 70 lakh, while the average price of one bedroom flats – which form the majority – range between Rs 14 to 20 lakh.
DDA sold 17 lakh housing scheme forms and got a record number of applications. The high number of applications resulted in the draw getting delayed as the 14-year-old and obsolete application being used by DDA has been unable to process the huge data.
If your name doesn’t figure in the list of the lucky 25,034 applicants who get a flat, DDA would return the registration amount of Rs One lakh within three months.
DDA would also draw a list of applicants in a separate waiting list was also made. If any applicant cancels the allotment or is disqualified on any ground, the flat will go to the next person on the waiting list. The names and application numbers of those on the waiting list, however, would be kept a secret.