DDA decides to increase the rates for the deposits of housing registration
The Delhi Development Authority has recently come to a conclusion that it will pay an interest of 8% instead of the usual 5% on the deposits of registration for all the housing schemes of the future. The vital piece of information was given away by the urban body.
The decision was finalised during a meeting of the DDA conducted at Raj Niwas today itself. DDA once mentioned during the release that the decision was made so that gap between the interests can be narrowed. These interests were paid to the allottees and neglected payments for the housing schemes were charged for.
However, it was also said that the old cases which have already been taken care of shall never be reopened again. The decision shall remain valid for all the older schemes. The deposits here shall be kept for more than a period of three months till the last of the scheme.
In one of the meetings, it was also concluded that by the 30th of June, computerised bills shall not be available for Dwarka sub-city and Lok Nayakpuram. This would instead become accessible on the website of DDA.
Source – PTI
DDA decides to increase the rates, Delhi Development Authority, housing registration, increase the rates for the deposits of housing registration
