DDA is Not Ready to Launch New Housing Scheme, DDA New Housing Scheme 2016

DDA is Not Ready to Launch New Housing Scheme

The people who will be looking at a new housing project for DDA house in Delhi to have to wait another two months. According to the source, DDA has around 10,000 dwellings are completed sold, but the authority is not yet ready to launch its latest housing scheme.

In DDA settlement in 2014 about 8,000 flats of allottees back for many reasons such as small size were etc. These apartments have been added to the new housing project, but the authority is not sure that this flat any buyer would find this time either.

The Authority was planning to launch its latest housing project for this year, but it is not likely to happen in the next three or four months.

According to the statement of DDA senior officials, 10,000 apartments are large enough to offer in the new settlement, but the problem is that 80% of the apartments were already rejected by allottees in the previous regime, and we are not sure whether will be many people willing to re-apply for these flats.

A stack of rejected apartments are in Dwarka, for LIG (lower income group) were constructed category. These apartments were found too small and the allottees of these flats were preferred to give apartments than to live in them.
The source explained that apart from these apartments, which form a large part of our portfolio currently, there are only 2,000 new apartments on offer. It is better to wait for the time when we have to offer more flats which are in advanced stages of construction or currently finishing.

DDA new residential project is not to be called in the next few months and the date of introduction into life yet to be decided.

Currently 33 residential project of DDA are in the ongoing process of have been completed by this year expected, and many of these projects will be offered in the proposed housing scheme of the DDA. The large number of these homes will be available in areas such as Narela and Rohini where DDA large pockets of the country has to develop housing projects. The apartments in the new regulation is also in the prestigious locations such as Vasant Kunj Pocket D-6 and Dwarka sector 18-B available.

Source: http://www.thehindu.com/

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