Realty Check : DDA housing Scheme'08

DDA Housing Scheme'08 to offer 5000 flats

After successful closure of DDA Housing scheme in 2006, Delhi Development Authority has once again come up with its blockbuster Housing Scheme'08 offering flats for as low as Rs. 7 Lacs. The DDA Housing Scheme'08 is scheduled to be launched on 6th August,2008.

Highlights of the DDA Scheme
  • The Delhi Development Authority is launching a new housing scheme, “DDA Housing Scheme -2008”, to allot about 5,000 flats on a freehold basis.

  • The scheme will be open from August 6 to September 16.

  • The scheme aims at providing housing for all sections of society and hence offers wide range of choice.

  • There are 3483 One-bedroom flats, 889 Two-bedroom flats, 352 Three-bed room flats and 286 that can be later expanded.

  • Flats will be located in Pitampura, Dwarka, Motia Khan, Paschim Vihar, Dilshad Garden, Vasant Kunj, Narela, Shalimar Bagh, Jhilmil, Nand Nagari, Peeragarhi, Sarai Khalil, Rohini, Lok Nayak and Bindapur. However, majority of the flats are located in Dwarka, Narlea and Rohini.

  • Multi-storey ed flats with lifts will also be on offer at Pitampura, Dwarka and Motia Khan.

  • All freehold properties, the flats are within the price range of Rs 7.2 lakh and Rs 77.8 lakh depending on size and location.

  • Narela is offering the cheapest flats.

  • Most expensive is a 3 Bedroom flat in Motia khan priced at 77.8 Lacs.

  • Most Affordable is a single Bedroom flat in Narela at Rs. 7 Lacs.The application forms along with brochure will be available from the DDA sales counter at Vikas Sadan, almost all branches of AXIS Bank, HDFC Bank, ICICI Bank and IDBI Bank, besides the Vikas Sadan branches of State Bank of India and Central Bank of India.
  • The Draw is expected to happen in December 2008 or early January 2009.

How to apply for DDA Flats ?

  • The application forms along with brochure will be available from the DDA sales counter at Vikas Sadan, almost all branches of AXIS Bank, HDFC Bank, ICICI Bank and IDBI Bank, besides the Vikas Sadan branches of State Bank of India and Central Bank of India.
  • The cost of the application form and brochure is Rs.100.
  • The registration amount under the scheme is Rs.1.5 lac.
  • The Registration amount has to be deposited along with the application form by a banker’s cheque/demand draft and no payment by cheque is acceptable.
  • The applicant can have five preferences for flats of all categories.
  • Applicant has to submit the self-attested copy of PAN and proof of residence.
  • Those who apply under the reserve category would have to submit a certificate to that effect.
  • The allotment to eligible applicants will be made through a computerised draw based on random number techniques.
  • The results of the draw will be displayed on the notice board at Vikas Sadan and would also be available at http://www.dda.org.in/

Should one apply for DDA flats under the DDA Housing Scheme'08 considering the ongoing confusion over future of real estate prices in India. Does it appeal as an investment option or should one apply only if he wants to use it as a residence ? How much profit can one earn in case of allotment? Are there any funding schemes for registration amount ? We will seek replies to these questions in the next post.

Visit DDA Website

14 comments:

Anonymous said...

Hi Rajesh
Are NRIs eligible to apply for DDA flats? I could not get a straight answer from the website? can you pl. clarify?

abhi said...

Hi Rajesh.... ur blog is very informtive. keep it up. I wanted to know from u that if i applied for a 1-bedroom flat, will i stand a better chance of getting it considering that they are more than 3000 in number or does that make no difference since it is a computerized lot.

Anonymous said...

Any answers to above two?

Anonymous said...

I am in Hyderabad, Can I apply for these flats. If eligible, can I get a bank loan from a bank i n New Delhi.

Can anyone plese help me provide the details to me.

panduranga rao

Unknown said...

No NRI's cannot apply in DDA Scheme.

Anonymous said...

No Mr. Pandurangan you cannot. Because DDA needs 10 years of residence proof in Delhi.

QUALITY STOCKS UNDER 5 DOLLARS said...

Outstanding stuff

Unknown said...

Everyone knows Indian share market tips exchange is the place which is associated with both the large chance of gaining cash and also loss. This is the way that allows you to generate different earnings way and good return for your financial commitment if you have the capability to choose the right commodity tips provider or share tips provider. There is one thing that you must consider to find advantage in stock market industry is that spend your cash in right shares.If you are going to choose the right choice you have to do appropriate analysis but with the ever improving reputation of the internet it is also become always easy for you.

Either you are making money with Commodity Trading Tips , gold tips or sureshot mcx tips, we will help you to gain more an more.

Sureshot Commodity Tips said...


Investment is a good idea to secure our future. But how we invest that is depend on you. Today mostly people are investing in share market and commodity market its really good. But how we get success in share market it is very important point. Whenever we invest in share market that time we should take suggestion from a good and knowledgeable person. They provide us Sureshot Commodity Tips or Mcx Tips it is beneficial for us.
Thank you
mcxsureshotcall.com

Unknown said...

Crude Oil jackpot Call is a investment advisory company in mcx market. we provide only crude oil trading tips with 98% accuracy.

Mcx Tips Free Trial

Gold Tips said...

Very good offer for all people who give by DDA.

thanks,

Commodity Tips Free Trial

Best Jackpot Tips Services said...

Your post is so informative about DDA.


Mcx Tips With 100% Accuracy

Mcx Trading Tips said...

waoo nice written article about DDA Housing Scheme'08 to offer 5000 flats

thanks,

Free Commodity Trading Tips

Unknown said...

such an excellent post about "DDA Housing Scheme'08 to offer 5000 flats"

Projector on Rent in Gurgaon
Audio Video Equipment on Rent