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DDA Housing Scheme 2019: Cost of flats reduced up to 40 per cent, check your eligibility here

The Cost Of 6,536 EWS Flats Built Under The DDA Housing Scheme 2019 Have Been Reduced Up To 40 Per Cent Of The Total Construction Cost.

News Nation Bureau | Edited By : Shashikant Sharma | Updated on: 09 Jul 2019, 10:05:22 PM
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New Delhi :

Have you applied for the DDA Housing Scheme 2019? If yes, then we have a very good news for you. The Delhi Development Authority has decided to reduce the construction cost of EWS flats in Narela being offered under the new Online Housing Scheme 2019. The cost of 6,536 EWS flats have been reduced up to 40 per cent of the total construction cost and the decision has already got the nod of Lt Governor Anil Baijal.

“The DDA approved a proposal to reduce cost of EWS Flats in Narela, part of the online Housing Scheme 2019, by up to 40 per cent of the construction cost,” the urban body said in a statement.

The scheme, which ended on June 10, is for sale of nearly 18,000 newly-built flats in Delhi’s Vasant Kunj and Narela residential areas, for which the DDA has received about 50,000 applications. The decision was made taking into consideration the income criteria of allottees of EWS category, which is Rs 3 lakh per annum, officials said.

“It was considered appropriate to reduce the cost of EWS flats by offering 40 per cent concession, in construction cost for 6,536 EWS flats at Pocket 1A, 1B and 1C, Narela, and similarly 10 per cent concession in construction cost for EWS flats at Pocket G7/G8, Sector V, Narela to offer affordable housing to economically weaker section as a one-time measure,” the statement said.

The modified rates would apply to allottees of the current scheme. In case of left-over flats, it would be re-advertised soon at reduced rates. This will help in making these flats at concessional rates to economically weaker section, it said.

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First Published : 09 Jul 2019, 10:05:22 PM