The
Delhi
Development
Authority
(DDA)
on
Friday
announced
its
most-
awaited
mega
Housing
Scheme
2014
to
be
launched
on
September
1.
The
scheme
will
offer
over
25,000
flats
in
various
categories
while
80%
of
the
properties
are
reserved
for
Delhiites.
Offers
flats
ranging
from
Rs.
5.40
lakhs
to
1.2
crore,
in
categories
of
EWS,
LIG,
MIG,
HIG,
Janta
flats
and
one
room
apartments.
Balvinder
Kumar
the
Vice
Chariman
of
DDA
says
“We
are
offering
25,034
flats
in
the
2014
scheme
out
of
which
22,627
would
be
one-bed
room
apartments.
Among
others,
896
flats
are
constructed
after
old
schemes
and
ensures
that
theses
are
livable
with
green
technology
and
a
depreciation
cost
of
1.25%
annually
will
be
deducted
from
their
price.”
There
is
no
limit
of
income
for
one
bedroom
apartment
flats,
any
eligible
person
can
apply
for
it
and
one
bedroom
flats
are
mostly
located
in
Rohini,
Narela
and
Dwarka,
out
of
896
newly-built
flats,
512
are
MIG
flats
and
384
Janta
flats
are
located
in
Jasola,
Vasant
Kunj,
Mukherjee
Nagar,
Kalyan
Vihar
and
Moti
Khan.
The
brochures
or
applicants
for
DDA
Housing
Scheme
2014
can
be
bought
from
1st
September
and
the
last
date
to
of
form
submission
and
registration
is
9th
October
and
the
flats
will
be
handed
over
by
March
2015.
DDA
will
also
create
a
corpus
of
Rs362
crore
for
the
maintenance
fund
that
will
be
transferred
to
RWAs
and
executive
engineers,
for
use
in
for
the
next
30
years.
In
this
regard
Balvinder
Kumar
says
“It
will
be
an
escrow
account
jointly
managed
by
local
resident
welfare
associations
and
a
DDA
executive
engineer.
Interest
from
the
fund
will
be
utilized
for
maintenance.”
The
allotment of the houses will be decided by drawing lots and the final
decision will be declared at the end of October.
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