Millennium Post

DDA launches new housing scheme, 12,000 flats on offer

Union Urban Development Minister M Venkaiah Naidu inaugurated the launch of Delhi Development Authority's Aawasiya Yojana 2017 here at Nirman Bhawan.

DDA launches new housing scheme, 12,000 flats on offer
Union Urban Development Minister M Venkaiah Naidu on Friday inaugurated the launch of Delhi Development Authority's (DDA) Aawasiya Yojana 2017 here at Nirman Bhawan, amidst senior officials of the Urban Development Ministry and DDA.
Dr Nandita Chatterjee, Secretary, Ministry of Housing Urban and Poverty Alleviation, and Uday Pratap Singh, vice-chairman, DDA, were also present.
The scheme is linked to PMAY under 'Credit Linked Subsidy Scheme'. Successful allottees can avail the benefits of interest subsidy under PMYA for Banks and Housing Finance Companies, subject to fulfilling the eligibility criteria.
Naidu congratulated DDA for the move and linking the housing scheme with Pradhan Mantri Awas Yojana (PMAY).
The scheme will offer 12,000 flats of different categories (one/two/three bedrooms) on freehold basis. Most of the flats have been constructed following the Green Building Code Norms to reduce Carbon footprint.
Rohini, Dwarka, Narela, Siraspur, Jasola, Pitam Pura, Paschim Vihar, Jahangir Puri, Vasant Kunj and Sukhdev Vihar are among the areas where these flats will be available.
The four categories of houses are – HIG with 87 flats ranging from Rs 53.52 lakh to Rs 126.81 lakh; MIG with 404 flats ranging from Rs 31.32 lakh to Rs 93.95 lakh; LIG/one-bed room flats numbering 11,197 and ranging from Rs 14.50 lakh to Rs 30.30 lakh; and 384 Janta flats ranging from Rs 7.07 lakh to Rs 12.76 lakh, the housing authority said.
Any Indian citizen over the age of 18 can apply for the flat, provided he/she does not own any residential flat or plot in the Capital either in his or her own name or in the name of his/her spouse or ward.
The application form costing Rs 200 can be purchased from various partnering banks or Vikas Sadan. Under the rules, a husband and a wife can apply for the scheme but if both get an allotment, one of them will have to give it up.
The urban body has tied up with 10 banks for the sale of application forms and scheme-related transactions, namely: Axis Bank, Yes Bank, IDBI, Bank of Baroda, Central Bank, SBI, Kotak Mahindra, HDFC, ICICI and Canara Bank.
The houses will be allotted on a draw of lots basis, which will be conducted in the presence of independent outside observers after 3 months of the closure of the scheme.
For the LIG (Lower Income Group) category, the registration fee will be Rs 1 lakh while for Middle Income Group and High Income Group flats, Rs 2 lakh will be charged.
"Till 2022, we plan to build 20,000 flats per year to meet the requirements of people in the national Capital," Singh said.
Naidu said that providing affordable housing was the vision of the government and "one lakh new houses would be built by 2022".
"Provision for reservation has also been made in different categories – SC (15 per cent), ST (7.5), war widows (1), persons with disability (3) and ex-servicemen (1 per cent)," he said.
Seeking to deter "unserious buyers" and check market speculation, the DDA this time has proposed multi-tiered penal measures.
Team MP

Team MP

Our contributor helps bringing the latest updates to you


Share it
Top