Good news for Delhiites! DDA to launch 10,000 new flats in Narela and Bawana by month-end

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 BusinessToday.In   New Delhi     Last Updated: February 7, 2019  | 19:19 IS

 

                                            

The Delhi Development Authority (DDA) is set to launch new housing scheme 2019 by the end of this month, suggested media report.

The scheme will mostly have one-bedroom flats and majority of them would be located in Narela and Bawana.

 

 

 

 

 

 

 

The authority will launch around 10,000 flats for the economically weaker section groups as flats for HIG (High Income Group) and MIG (Middle Income Group) are not yet complete, according to a Times of India report.

"We are trying our best to launch the housing scheme 2019 by the end of February, but no date has been finalised for the launch yet," Times of India quoted a senior DDA official as saying.

"However, the proposal for the housing scheme will have to be first placed at the authority's meeting, which will be chaired by lieutenant governor Anil Baijal. Only after the approval by the authority can the housing scheme be launched," he told TOI.

Also Read: RBI rate cut: If you have home loan of Rs 50 lakhs, your EMI may reduce by Rs 1,750

Earlier the authority was expected to launch a housing scheme in 2017, but it was not rolled out due to various reasons.

Here's all you need to know about DDA Housing Scheme 2019.

Eligibility

• The applicant must be citizen of IndiaHe/she should have attained the age of majority i.e., the applicant should have completed 18 years of age as on the date of submitting the application
• The applicant must not own any dwelling unit (including residential plot/flat or in part on 'leasehold or freehold basis' in urban areas of Delhi, New Delhi or Delhi Cantonment either in his/her name or in the name of his/her spouse or in the name of his/her dependent relations including unmarried children
• Applicant must have Permanent Account Number (PAN) allotted under the provision of Income Tax Act and same must be quoted in the Application Form