Have you been visiting the DDA website, trying to figure out how to book a flat under the new housing scheme? Do you have unanswered questions before you take the plunge?
Here's our list of 13 FAQ's you need to read before trying your luck:
How many flats are up for grabs?
A total of 25,034 flats are available under the scheme, 22,627 of which are 1BHK flats. DDA is offering 700 flats under the Economically Weaker Section (EWS) category as well.
Where can I apply?
You can buy the brochure from select branches of 13 banks empanelled by the DDA. Alternatively, the DDA was letting people download the brochure from their website. However, the site crashed on Monday and now you will be redirected to the bank web page to download it. Online payment can be made through NEFT/RTGS/net banking application at the bank's website. Payment through credit/debit card is not accepted. Also, please note that unlike DDA's previous schemes, forms will not be available at Vikas Sadan this time.
How much does the brochure cost?
The brochure costs Rs. 150. If you download it online, you will have to pay the sum during submission.
Will my bank help me?
You can apply for the scheme at the following 13 banks: Punjab National Bank, State Bank of India, Central Bank of India, Corporation Bank, Syndicate Bank, Union Bank of India, Indusland Bank, Kotak Mahindra Bank, IDBI Bank, ICICI Bank Ltd, Yes Bank, HDFC Bank and Axis Bank.
Where are the flats located?
The maximum number of flats are located in Rohini, Narela and Dwarka. There are also some flats in Mukherjee Nagar, Jasola, Kalyan Vihar, Jahangirpuri, Vasant Kunj, Shalimar Bagh and Motia Khan.
Do I need to carry some ID proof?
No, all you need is a photocopy of your PAN card. The one-page form is easy to fill.
What is the registration fee for a flat?
There is a Rs. 1 lakh registration fee for general category and Rs. 10,000 fee for EWS category. You need to submit the form, along with a banker's cheque or demand draft (DD) favouring 'DDA HOUSING' payable at Delhi. If your name doesn't appear in the draw, this fee will be fully refunded within 15-20 days after it is announced.
Am I eligible for the scheme?
Any Indian citizen, 18 years of age and above can apply. However, you are not eligible to apply if you already own a flat or plot in your or your spouse/child's name in Delhi.
Till when can I apply for the scheme?
October 9, 2014 is the last date for application.
How many times can I apply?
A person can only apply once.
If I'm applying for a flat can my husband/wife also apply?
Yes, both of you can apply separately. However, if both of you are allotted flats, only one can be retained.
When will I find out if I'm the lucky one?
The draw of lots for the scheme is expected to be held between 25 and 31 October and DDA promises to hand over all flats by March 2015.
Is there something else I need to know?
Yes, for the first time, DDA has introduced a 5-year lock-in-period which means you cannot sell the flat for at least 5 years after buying it. This has been done to cut out middlemen and reduce speculative buying.