Key Insights You Need to Know About DDA Housing Scheme 2018 Online Application

Are you someone who is looking to buy a dream home in New Delhi? If yes, it would be advisable for you to know about DDA housing scheme 2018 online application. Yes, the Delhi Development Authority has launched a new housing scheme for the year, which allows the buyers to buy their dream home. Talking about this scheme, it is basically for the middle-income group, expendable houses and lower income group so that they can easily have their house. But before we move on further, let’s just get more details of the same below.

Intro: This housing scheme being offered by Delhi Development Authority is basically a one-of-its-kind scheme, which is linked to Credit Linked Subsidy Scheme (CLSS) under Pradhan Mantri Awas Yojana (PMAY). Talking more about the same, it is a Housing for All initiative, which is a unique move promoted by the Government that envisions to provide affordable housing by 2022.

Moreover, under the same scheme, a total number of 20,980 flats are being offered to the buyers. Now out of that number, 3,622 flats are reserved for Economically Weaker Section, 16,298 for Low Income Group, 579 for Middle Income Group and 488 for Higher Income Group. These well-designed flats are located in the areas of Vasant Kunj, Dwarka, Rohini, Narela, Siraspur, etc.

Eligibility: In order to know the eligibility to apply for this scheme, you just need to go through the article below:

  • The applicant must be a citizen of India.
  • The applicant should have attained the age of 18 years.
  • The individual must not own any residential house/plot in full or in part, be it on leasehold/freehold basis in the city or New Delhi.
  • If an applicant shares the jointly owned plot/land as a residential house and the share he owns is less than 66.9 square meters, he/she is eligible to apply under any of the schemes.
  • If DDA has already allotted an individual a house/flat which is less than 66.9 sq meters, an applicant is not eligible for the further allotment.

Price List: If we talk about the prices, it would not be wrong to say that the prices of these flats have been kept low so that a majority of people can easily buy them. As far as the exact range is concerned, it lies between Rs.7.5 Lakh to Rs.1.44 crore, which is quite affordable. This is the reason that why many people are interested in buying these flats.

Application Brochure Online: When it comes to DDA housing scheme 2018 online application, the authority has signed up with 10 renowned lenders namely  Axis Bank, Yes Bank, IDBI, Bank of Baroda, Central Bank, SBI, Kotak Mahindra, HDFC, ICICI and Canara Bank. WIth the association of these banks, it would be easier for you to apply for the home loan easily and get the required funds to buy your dream property. Well, the application brochures are available at Rs.200 that can easily be downloaded from the official website of DDA.  

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