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DDA mega scheme to offer 14,000 flats
December 21, 2008

New Delhi: If you don’t find your name in Tuesday’s draw for allotment of 5,010 flats under the mega DDA scheme, don’t lose heart. The housing agency is readying an even bigger project which will put a whopping 14,000 flats on offer.

Having finally woken up to the acute housing shortage in the capital, DDA is now in the process of constructing flats for all three income groups — high, middle and low — in places like Vasant Kunj, Dwarka, Rohini, Jasola, Narela and Pitampura. Sources said the upcoming DDA project will deliver around 3,150 flats for the high-income group, around 770 for middle-income group, 8,000 for low-income and 2,000 for economically weaker sections.

Real Estate Delhi: Properties in Delhi

Approximately 3,600 of these flats will come up in Vasant Kunj and around 2,100 in Dwarka, a DDA official said. Close to 800 HIG and MIG apartments are also being constructed in localities like Pitampura, Mukherjee Nagar and Motia Khan.

The scheme, likely to be announced by 2010-end, will be another chance for people to own a house in the capital at rates cheaper than those offered by private builders.

Pvt builders being urged to provide low-cost housing

DDA’s 14,000-flat scheme, likely to be announced by 2010-end, will be another chance for people to own a house in the Capital at rates cheaper than those offered by private builders.

Urban development minister S Jaipal Reddy has been pushing the government agency to build more flats to meet the huge demand-supply gap in housing in the capital and has also been urging private builders to focus on affordable housing.

At the recent economic editors conference, Reddy had argued that private builders should ‘‘give up their idea of fancy apartments’’ and instead cater to the huge middle-class demand for affordable housing.

‘‘There is a silver lining to this slowdown. Prices of urban land, which had shot up, have come down. It is time for entrepreneurs to go for lowcost and middle-class housing projects,’’ he had said.

DDA, often criticized for neglecting weaker sections, is constructing houses in Rohini and Jasola mostly for these groups. An official said the agency would deliver around 4,500 LIG apartments in Rohini, 1,400 in Vasant Kunj, 750 in Dwarka and around 2,900 flats for LIG and EWS category in Jasola, Kondli and Molarbandh.

Although these flats will be costlier the earlier ones, the rates will be much less than what private builders and developers charge in the NCR, a DDA official said.

As the number of applications are likely to be more than the housing stock, the allottees would be selected through a draw of lots.

In the housing scheme launched by DDA in August, for which the draw will be held on Tuesday, around 5.12 lakh forms were submitted for about 5,010 ready-to-move flats in various localities. The scheme was launched after a gap of two years.

 

Source: The Times of India

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