The Delhi Development Authority recently launched their 2017 Housing Scheme with up to 12,000 flats on offer. The key emphasis of this scheme has been laid on providing affordable housing options for the General Public, especially for those belonging to the lower Income Group, which is why nearly 10,000 flats from the total number are available for them. Dubbed as the DDA Aawasiya Yojana 2017, this scheme has also been linked to the Pradhan Mantri Awas Yojana (PMAY) under the Credit Linked Subsidy Scheme(CLSS), which would allow people of the lower income group to gain a fixed amount of subsidy on the interest of any loans taken.
There are some key things to be noted here- Firstly, the Government plans to use this scheme as another step for achieving the mission of the PMAY, which is to be able to provide a proper housing for all by the year 2022. It is for this very purpose that the CLSS is also applicable to this scheme, which allows the urban poor people to gain a subsidy on interests for their Loans. Secondly, considering the prediction of a high rate of Urban growth in India in the near future, the Middle- Class people have also been taken care of by the implementation of CLSS under the Ministry of Housing and Urban Poverty Alleviation.
Of course, there are some eligibility conditions and certain criteria under which the scheme would be implemented. Mentioned below are few of the important points you might need to know before proceeding to apply.
About the DDA Aawasiya Yojana 2017 Scheme
A total of nearly 12,000 flats are on offer, and these consist of different categories and types with different locations, most of these are in Dwarka, Narela, Jasola, Paschim Vihar, Pitampura, Rohini and Vasant Kunj.
This scheme is open from 30th June 2017 to 11th August 2017.
The allotment of flats would be done on a free- hold basis, which basically means that the allotted flats would be free from any other entity of ownership besides the selected Allottees.
A few Important Conditions for Eligibility
A prospective applicant must not own any dwelling unit on any basis in his own name or in the name of any family member in the urban areas of Delhi.
In a family, both Husband and Wife can apply for the Flats provided that they fulfill the eligibility conditions as mentioned in the brochure for the Scheme. However, if both the applications are successful only one among them can be allotted a flat, and the application money for the other person would be refunded.
A person who already has a plot/flat allowed under DDA or any other agency would not be eligible for this scheme.
A person can either apply in his/her own name in one application or could be a joint applicant.
A candidate must have a Bank account in his/her name and must have a PAN card, the details of both of these must be mentioned in the Application Form.
Some Points to remember regarding the filling and submission of Application Form
- The Application Forms are available both Online and Offline.
- To apply online, you can visit the DDA website.
- The prospective applicants have to deposit the Application Money as well, which varies in amount according to different categories.
- The candidates applying online have an advantage of being able to make any adjustments in details within 72 hours of submitting the application. However, the changes could be done only once.
- In the case of Online Applications, the payment is only accepted through National
- Electronics Fund Transfer(NEFT)/Real Time Gross Settlement(RTGS)/Net Banking.
- Payment via Debit card/Credit is not accepted(online).
- The candidates can give multiple preferences for the locality with the use of locality codes.
DDA Housing Scheme Allotment
The allotment of flats would be done through Draws on the basis of Random Number Generation Technique.
To ensure transparency, the Draw would be held in presence of independent observers and would be live-streamed on the internet.
After the allotment process, the selected applicants would have an Allotment Letter sent to the address mentioned on the Application Form.
A few of those who would not get selected for allotment would have another chance in a waiting list of the size equal to 5% of the total available flats. Here, if anyone among the allotted candidates decides to surrender to cancel their application, the waiting list candidates would be pushed into the selection. This doesn’t mean that the waiting list candidates won’t be refunded. Their refund would be done at the same time as of the other successful candidates. But they would be asked to deposit the Application money again before the draw for the canceled/surrendered flats.
The Allotment Letter would only be issued to the Applicants after proper Verification of Documents.
Withdrawing / Surrender / Cancellation Conditions
Those who wish to withdraw their application can do so up to 15 days before the day the draw would be held (23rd October 2017). Such candidates would be issued a full refund of the Application Money.
The selected candidates after the Allotment do have the option to surrender or cancel their application under the following conditions:
- Those who wish to surrender after the date of the draw but before the issue of Allotment Letter would be charged 25% of the Application Money before the refund.
- Within 90 days after the issue of Allotment letter, the charges would be 50% of the Application Money before the refund takes place.
- After the period of 90 days after the issue of Allotment Letter, there would be no refund, which means the complete amount of application money would be forfeited.