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DDA looks at reserving 80% of flats for Delhi residents

Flats may be registered only after 5 yrs: DDA.

Written by Ruhi Bhasin | New Delhi | Published: August 8, 2014 1:28:44 am

Spelling relief to those living in rented accommodations in the capital, Delhi Development Authority (DDA) has said it is looking at reserving 80 per cent of the flats under Housing Scheme 2014 for Delhi residents only.

This essentially means that people living in Noida, Gurgaon and other satellite cities can only be allotted homes from the remaining 20 per cent, officials said. “We are looking at introducing a condition in the DDA housing scheme 2014, under which 80 per cent of the houses will be reserved for people residing in Delhi. While a person already owning a DDA flat cannot apply under the scheme, those who own builder or private houses can apply,” DDA vice-chairman Balvinder Kumar said. This scheme is expected to have 26,000 flats on offer across various categories.

This scheme has been sent to the Lt-Governor for approval and is likely to be announced by the month-end.

“The step to keep aside 80 per cent of the flats for Delhi residents is required to address the issue of housing crunch in the city. Otherwise, the gap between demand and supply in terms of housing will keep increasing. Other areas in the NCR will be entitled to a smaller share,’’ an official said.

Moreover, to prevent people from participating in this scheme for a purely speculative purpose, DDA is looking to introduce another a clause in the agreement — that registration of the flats will take place only after five years.

“We are considering introducing a clause in the agreement whereby these flats will only be registered after five years,’’ Kumar said. Many people tend to buy DDA flats only to sell it for a profit to builders at a later stage. Such a clause would prevent this, he said.

The much-awaited scheme comes four years after DDA offered over 16,000 flats in its 2010 scheme. This scheme will mainly comprise housing for those from the economically weaker sections.

Previously, the DDA used to announce housing schemes every two years leading to a major housing crunch in Delhi. Union Urban Development Minister Venkaiah Naidu had also emphasised the need for DDA to create more housing .

Of the 26,000 flats, the first set of 15,000 flats will be ready by August-end and another chunk by December-end. About 1,000 houses will be completed by March next year.

The houses will be spread across Rohini, Narela and Dwarka and will be priced from Rs 14-15 lakh to Rs 1 crore.

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