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Collections fall short of expectation for housing scheme

DDA collects 7.5 lakh forms on Wednesday.

By: Express News Service | New Delhi | Published: October 16, 2014 2:30:28 am

The Delhi Development Authority’s (DDA) housing scheme for 2014, which aims to tap middle-class and lower middle-class demands, failed to show the expected figures as the agency closed the collection of forms on Wednesday.

Senior officials said 7.5 lakh forms were collected till 5 pm on Wednesday, a figure that is much lower than expected for the scheme, touted as one of the biggest ever announced by DDA.

The draw of lots has been scheduled on November 5, the modalities of which will be worked out by a three-member independent committee comprising a High Court judge, an IIT professor and an NIC official, the DDA said.

While the DDA collected forms till 5 pm, senior officials said online applications would be accepted till midnight. Having expected the turnout of applications to be much higher, senior officials said important lessons were learned from the scheme.

“We have collected close to 7.5 lakh forms till Wednesday, though we were expecting higher numbers. One reason (for lower numbers) could be the condition of a five-year lock-in period to sell the flats. Another reason is that 90 per cent of the flats on offer were one-bedroom sets catering mainly to the lower income group. So those from the higher income group did not apply,” Balvinder Kumar, vice-chairperson of the DDA, said.

With the launch of this scheme on September 1, the DDA had also announced doing away with the cumbersome file system. While 40 per cent of all the applications were submitted online, the entire data for this project is also being maintained online, a senior official said.

Earlier, the DDA had announced that its 2014 Housing Scheme, which has over 25,000 housing units on offer, will be closed on October 9. The last date was later extended till October 15. The authority claimed that the selling point for houses under the scheme is the emphasis on green technology and a huge corpus fund — over Rs 300 crore — for maintenance of flats over the next 30 years.

“This fund is the biggest the DDA has ever introduced and will be constituted through a fixed sum of Rs 1 lakh — the registration fee charged from every applicant — that will be retained from every flat owner. The DDA has included this sum in the cost of flats,” a senior official said.

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