DDA housing scheme lottery to take place soon
In a city starved of affordable housing, being allotted a DDA flat in the Capital is nothing short of winning a lottery. If you are lucky to make it in the draw, you get a Delhi address at half the market rate. You don’t have to worry about the legality of the property because the DDA’s housing projects come with full compliance with municipal building bylaws and structural safety norms.
It is a big guarantee for a homebuyer in a city where for every legal construction, there are two built illegally, and house collapses kill more people than any other disaster. No wonder there is a mad rush of applicants every time the DDA floats a housing scheme. The authority’s last scheme in 2010 drew 46 applicants for each of its 16,000 flats.
This time, the bumper draw is also the DDA’s biggest ever. The 2014 DDA housing scheme launched last week has 25,034 flats on offer.
In NCR there is a high demand for houses, this is among one of the many reasons why the DDA schemes get so many entrees.
Source: Hindustan Times
Affordable housing schemes, DDA 2014 housing scheme, DDA flats, dda housing scheme, free housing schemes, Housing schemes, LIG, low cost, MIG and HIG housing schemes, New housing schemes, Slum rehousing schemes
