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Delhi: DDA to launch mega housing scheme in 2016

DDA’s vice-chairman Balvinder Kumar said on Friday that the land development agency is going to launch its next scheme in December 2016, with nearly 40,000 flats on offer.

delhi Updated: Jan 03, 2015 01:30 IST
HT Correspondent
HT Correspondent
Hindustan Times

If you didn’t land a flat in the Delhi Development Authority’s (DDA) 2014 housing scheme, there’s still hope. DDA is going to launch a bigger, better housing scheme in December, 2016.

Hindustan Times was the first to write on November 27, 2014 that DDA’s next scheme would be launched in 2016 end.

DDA’s vice chairman Balvinder Kumar on Friday said that the land development agency is going to launch its next scheme in December 2016, with nearly 40,000 flats on offer. This would make it DDA’s biggest housing scheme ever. The 2014 scheme offered 25,040 flats, which were mostly one bedroom type.

What is even better in the next scheme is that DDA would offer more two bedroom and three bedroom flats, compared to 2014 scheme, which had an abysmal number of bigger flats. Out of about 40,000 flats, 24,660 would be one bedroom flats and the rest would be a mix of two and three bedroom flats – nearly 16,000.

Kumar said that at present, DDA is constructing total 45,962 flats and 16,800 more flats are at the planning stage.

The bulk of the flats are expected to be located in Rohini, Dwarka and Narela. However, flats in the next scheme are also expected in Vasant Kunj, Sheikh Sarai, Defence Colony, Kalkaji, Dakshinpuri, Sarita Vihar, Kohat Enclave, Burari and Nasirpur where DDA has identified small parcels of vacant land.

“We are trying to use a large portion of the vacant land available with us for development of housing. We are trying to find in which areas there is a scope for building flats,” a senior DDA official said.

DDA had started planning its next housing scheme even as it wrapped up its last draw in November 2014.

The prices of the flats are expected to be 15-20% higher than the flats offered in the 2014 housing scheme but would be much more lower than prevailing market rates.

“Most of 40,000 flats are in the pipeline and will be ready by 2016 and would be offered in the housing scheme,” said a senior DDA official who didn’t wish to be named. “The highest concentration of these flats are in Rohini, followed by Dwarka and Narela,” the official said.

First Published: Jan 02, 2015 18:47 IST