DDA Housing Scheme 2014: Should You Apply?

GAURAV KANSAL 18:03 DDA , Housing , Loans 1 comment

DDA Housing Scheme 2014: Should You Apply?

The Delhi Development Authority's housing schemes are eagerly awaited because the flats on offer are cheap, spread across good localities and have decent build quality.

Details of Offered Flats

Location	Number of Units	Cost	Area
896 new units located in Mukherjee Nagar, Narela, Kalyan Vihar and Rohini
512 MIG flats
Narela	384 units	Rs 67.38 Lakh	109 sqm
Mukherjee Nagar	112 units	Rs 69.25 lakh — Rs 69.60 lakh
Kalyan Vihar	16 units	Rs 42 lakh — Rs 49 crore
Janta flats
Mukherjee Nagar, Narela, Kalyan Vihar and Rohini	384 units	Rs 10.30 lakh
811 flats from old DDA stock
21 HIG flats
Rohini Sector-18	5 units	Rs 60.52 lakh — 69.37 lakh	96.49 sqm – 110.44 sqm
Jasola	4 units	Rs 1.086 crore	131.92 sqm
Rohini Sector-29	9 units	Rs 92.6 lakh — 96.03 lakh	151.06 sqm – 156.61 sqm
Mukherjee Nagar	1 unit	Rs 1.11 crore
Shalimar Bagh	1 unit	Rs 37.50 Lakh
Motia Khan	1 unit	Rs 1.20 crore
49 MIG flats
Narela	12 units	Rs 28.76 lakh — Rs 38.43 lakh	75.78 sqm – 75.96 sqm
Rohini Phase-IV	19 units	Rs 32.55 lakh — Rs 48.53 lakh
Kalkaji, Kondli, Gharoli, Mansarovar Park, East of Loni Road, Jhilmil	10 units	Rs 33.19 lakh — Rs 46 lakh
Jahangirpuri	8 units	Rs 32.47 lakh — Rs 71.42 lakh
Janta flats	161 units	Rs 5.40 lakh

Dwarka, Rohini, Narela and Siraspur	22,627 units	Rs 14.55 lakh — Rs 22 lakh	33.29 sqm — 48.50 sqm

How to Apply?

Buy a brochure at Rupees 150 from selected branches of any of the 13 banks empaneled by DDA. Brochure can also be downloaded from DDA website but Rs. 150 would have to be paid separately while submitting application. Brochures and application forms will also be available at D-Block, DDA Sales Counter at Vikas Sadan.

The application form has been kept simple this time and it is a single page form. No documents have to be attached at the time of submitting the application. It is mandatory to provide the Permanent Account Number (PAN) in the application. Aadhar Number can also be provided along with the PAN but it is not mandatory.

Forms have to be submitted at any of the 13 empaneled bank’s select branches. A draft of Rupees one Lakh has to be deposited along with the form as registration fee.

Empaneled Banks

Indusland Bank
Kotak Mahindra Bank
Union Bank of India
State Bank of India
Central Bank of India
IDBI Bank
ICICI Bank
Yes Bank
HDFC Bank
Axis Bank
Punjab National Bank
Syndicate Bank
Corporation Bank

Who can Apply?

Any citizen of India who is at least 18 years old at the time of filing application.
Applicant must not own any residential flat or plot in Delhi, in their own name or in the name of their spouse or children.
One person can submit only one application
Both husband and wife can apply but if both are successful, only one can retain a flat.
There is no income limits on one-bedroom apartments and any eligible candidate can apply.

Who can not Apply?

Any person who own a small share in a joint property in Delhi would not be eligible to apply for a flat in the Delhi Development Authority’s (DDA) latest housing scheme 2014.

Important Dates

1 September – Scheme to be launched.
9 October – last date of filing application
October end – Allotment of lots through computerized draw
February 2015 – time by which registration amount of unsuccessful applicants will be returned.
March 2015 – deadline for handing over of all flats by DDA

Bank Offering 100% Loan on DDA Scheme Registration Amount

Many people asking us through comments here and here about the finance of registration amount of DDA housing scheme 2014.

The person who are willing to apply for the scheme but can not pay the registration amount of Rs 1 Lakh have the option to get a loan from Axis bank. The bank most probably will ask for the interest of Rs. 1 Lakh to be paid in advance.

The bank is also offering a housing loan of up to Rupees 25 Lakh for the DDA flats to the successful applicants. The applicants who are interested in getting the loan can fill this form and the Axis bank representative will get back to them in few hours. The online applications for DDA housing scheme 2014 are being registered through Axis bank by going to the link https://easypay.axisbank.co.in/.