DDA Housing Scheme 2017 update

Only 8,000 applications have been received for the 11,000 flats earmarked for the lower income group (LIG) under the Delhi Development Authority (DDA) Aawasiya Yojana, according to the leading news agency. The deadline for applications is just four days away. DDA Aawasiya Yojana 2017 was open from June 30, 2017 and will remain open to September 11, 2017.

The affordable housing scheme that was meant for residents of Delhi and the surrounding metropolitan region saw 20,000 applications filed in all. This compares with over 10 lakh applications received the last time the scheme was announced in September 2014.

The main objective was to provide a pucca house for every family in urban connection with water connection, toilets, electricity supply and complete access. When the scheme was first inaugurated in 2014, it was to give out up to 12,000 houses in areas all over in the city, which are provided on a freehold basis over various income groups.

The system is lot based, and applicants can fill up to seven options. People can inspect the flats before the applying. This can be done online or offline. The scheme is credit-linked. Bank loans are provided with an interest rate of 6.5% for a period of 20 years for the Economically Weaker Sections (EWS).


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