The Delhi Development Authority developed the DDA Housing Scheme to give housing options to those who are less fortunate financially. Those from lower socioeconomic classes who do not own a home will receive houses under this scheme. In this post you get every necessary information regarding this scheme such as overview, benefits, required documents, eligibility criteria, objective, and registration process.
DDA Housing Scheme 2024
The Delhi Development Authority (DDA) has given you another opportunity to buy a great home at a competitive price. The third round of the DDA’s e-auction for luxury apartments started 5 March. As part of DDA’s Festival Special Housing Scheme 2023, 32,000 apartments including penthouses, Super HIG (higher income group), HIG, MIG (mid-income group), LIG (lower income group) and EWS (economic weaker section) have been placed for sale. Using an electronic auction, penthouses, Super HIG flats, HIG flats and MIG apartments are being auctioned in many phases. First come, first served is how flats for LIG and EWS are distributed.
Overview Of DDA Housing Scheme 2024
Objective Of DDA Housing Scheme
The primary aim of the scheme is to provide housing alternatives to those experiencing financial difficulties. This government scheme provides homes at more affordable pricing with the aim of enabling every person of Delhi to fulfill their aspiration of becoming a homeowner. Families with somewhat higher salaries are also covered by this program, ensuring that no family is left without a place to reside.
Benefits Of DDA Housing Scheme
The benefits of this scheme is given below:
- The scheme offers housing incentives to those from low-income families who are having trouble affording a house in Delhi.
- Residents of Delhi NCR can purchase apartments at a discounted cost.
- This program aims to fulfill the dream of many people who have always wanted to own a home.
- There is less chance of fraud because the allocation procedure is completed by an automated draw.
- Those who are eligible receive a substantial discount of around 5 lakh rupees.
- Newly built apartments come with parking and lift services and they can be discounted by up to Rs 5 lakh.
Eligibility Criteria
The eligibility criteria of this scheme is given below:
- The applicant has to be a citizen of India.
- They had to be at least eighteen when they hired the apartment.
- A family’s yearly income cannot be more than Rs. 10 lakhs for EWS flats. For other units, there are no specific income criteria.
- People who don’t own or rent an apartment larger than 67 square meters or a residential plot in either of the Delhi, Delhi Cantonment or New Delhi metropolitan areas.
Required Documents
The required documents of this scheme is given below:
- Passport Size Photograph
- Aadhar Card
- PAN Card
- Address Proof
- Mobile Number
Apply Procedure Of DDA Housing Scheme
Participants must register and pay 2,500 rupees for each flat they wish to purchase on the e-auction portal before they can place a bid. Upon registration, applicants must provide a booking deposit of 15 lakh rupees for HIG apartments, 25 lakh rupees for penthouses and 10 lakh rupees for MIG flats.
FAQ’s
When does the DDA online auction’s third phase begin?
The DDA online auction is in its third phase beginning on 5 March 2024.
What is the price of the DDA apartments included in the housing scheme?
Under the DDA Housing Scheme, DDA houses are offered for up to Rs 2 crore starting at Rs 8 lakh.
What areas and locations are included under the DDA Housing Scheme 2024?
Vasant Kunj, Lok Nayak Puram, Dwarka, Jasola, Rohini, Narela, Siraspur and Loknayak Puram are among the locations and localities of Delhi that are covered under the scheme.