The Delhi Development Authority (DDA) on March 7 launched 18,000 housing units in the lower (LIG), middle (MIG) and high income group (HIG) categories.
The good news is this may not be the last housing draw as there are over 6,000 flats still under construction across Delhi.
Online registration will start from March 25 and all application processes will be done online.
DDA has decided to include an additional 7,500 flats in the 2019 scheme over and above the 10,300 announced earlier. The additional flats are in the economically weaker section and the middle income group located in Narela.
The DDA had passed a proposal to put 10,300 flats in Narela and Vasant Kunj on February 25. There are 960 flats for the economically weaker section (EWS) at Narela; 8,383 LIG flats at Narela and Vasant Kunj; 579 MIG flats at Vasant Kunj; and 448 HIG flats at Vasant Kunj, according to the DDA statement.
As per sources, those applying for two-bedroom MIG flats or three-bedroom HIG flats will have to deposit Rs 2 lakh as registration fee. Those who are going for one-bedroom LIG flats will have to deposit Rs 1 lakh. The registration amount is kept at Rs 25,000 for economically weaker sections.
Second good news is that for first time homebuyers, the Pradhan Mantri Awas Yojana (PMAY) benefit may also be available.
Officials said the cost of the flats is likely to be in the range of Rs 70 lakh to Rs 80 lakh for MIG and Rs 1.5 crore to Rs 2 crore for HIG. MIG units range between 650 sq ft to 750 sq ft and HIG around 970 sq ft in plinth area. Carpet area of units is generally 10-20 percent less than the plinth area.
However, flats surrendered by the allottees of the earlier schemes have not been included in the new scheme.
The DDA's budget for the year 2019-20 was presented on February 25. Expenditure has been set at nearly Rs 6,968 crore, a growth of 23.30 percent over FY19 revised Budget Estimate at Rs 5,651 crore.
DDA Housing Scheme March 2019: Important Details
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Application brochure/Form can be collected from the branches of the Axis Bank, HDFC Bank, Kotak Mahindra Bank, SBI, IDBI Bank, ICICI Bank, Yes Bank, and Central Bank of India.
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Brochure/Form can be downloaded from the websites of Axis Bank, HDFC Bank, Kotak Mahindra Bank, SBI, IDBI Bank, ICICI Bank, Yes Bank, and Central Bank of India.
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Applicants can also apply online through the websites of these banks.
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Applicant must not own any residential flat or plot in Delhi, in their own name or in the name of their spouse or children
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One person can submit only one application.
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Both Husband and wife can apply but if both are successful, only one can retain the flat.
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Any Citizen of India can apply who is at least 18 years old at the time of filling application.
DDA Housing Scheme March 2019: Registration Fee
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Rs.2 Lac fee is to be deposited for general category.
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For EWS fee is Rs.100000. It should be submitted at the time of Application form submission.
DDA Housing Scheme March 2019: Important Documents
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Aadhaar Card Number (Not Mandatory)
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Pan Card is Mandatory
