Premium
This is an archive article published on July 11, 2023

DDA housing scheme receives over 500 bookings on first day

After the first 60 days, an interest rate of 11% per annum will be charged. If an applicant is unable to pay within 90 days of allotment, the purchase will stand cancelled.

DDA housing scheme, DDA First Come First Serve housing scheme, DDA flats booking starts, EWS flats, DDA flats booking amount, DDA FCFS scheme, indian express, indian express newsThe flats were divided into categories based on income groups and their prices were set accordingly. (Express Photo)

Bookings for Delhi Development Authority’s (DDA) First Come First Serve housing scheme started on Monday afternoon.

According to official sources, the land-owning authority has received more than 500 flat bookings and 7,324 registrations on their site so far. By Monday evening, the DDA had received bookings for 81 1BHK Economically Weaker Section (EWS) flats, 184 1BHK Lower Income Group (LIG) flats, 32 2BHK Middle Income Group (MIG) flats and 8 3BHK Higher Income Group (HIG) flats.

The booking amount varies depending on the size and category of the flat. The booking fee for a 1BHK EWS flat is Rs 50,000 and for a 1BHK LIG flat, it is Rs 1 lakh. Similarly, the booking amount for a 2BHK MIG flat is Rs 4 lakh and Rs 10 lakh for a 3BHK HIG flat.

The website faced heavy traffic, and reached more than 11 lakh hits since the bookings opened, officials said. Since people faced difficulties accessing the website, the DDA is increasing the capacity of their servers to handle traffic, officials added.

The fourth phase of the FCFS scheme was launched by the DDA on June 30 by announcing the intention to sell over 5,600 flats across Narela, Jasola, Loknayak Puram, Rohini, Dwarka and Siraspur.

The flats were divided into categories based on income groups and their prices were set accordingly.

The 3BHK flats in Jasola have been priced the highest, at Rs 2.08-2.18 crore whereas the 1BHK EWS flats in Narela are priced the lowest, at Rs 9.89 lakh. According to the scheme, applicants will have only a window of 90 days to deposit the entire sum.

Story continues below this ad

After the first 60 days, an interest rate of 11% per annum will be charged. If an applicant is unable to pay within 90 days of allotment, the purchase will stand cancelled.

Stay updated with the latest - Click here to follow us on Instagram

Latest Comment
Post Comment
Read Comments
Advertisement
Loading Taboola...
Advertisement