NEW DELHI: The sale of forms for Delhi Development Authority's much-awaited mega housing scheme will begin from September 1. It's the DDA's biggest sale so far and involves 25,034 flats, out of which 22,627 are one-bedroom units and around 1,800 two and three-BHK apartments.
Forms can be submitted till October 9 and allottees will be picked through a draw of lots to be announced by October end. TOI was the first to report the details of the scheme on May 29 this year. The flats are being offered in the range of Rs 7 lakh to Rs 1.2 crore across categories.
To apply, one will have to deposit Rs 1 lakh as registration amount which will be returned if the flat is not allotted. The registration amount for EWS flats is Rs 10,000.
One of the highlights of this year's housing scheme, DDA's 44th, will be the huge corpus fund, Rs 360 crore, to take care of maintenance of the flats for the next 30 years. This includes not only civil, but for the first time, electrical maintenance as well. DDA has promised to deliver all the flats by March next year.
The corpus for the maintenance fund will be transferred to RWAs and executive engineers, for use in the next 30 years, officials said.
Another first in this year's housing scheme will be a five-year lock-in period, within which allottees will not be allowed to sell their flats. The decision aims to curb speculative buying of properties. The move meet with some resistance by some authority members, but was cleared by DDA's chief legal advisor.
A proposal to reserve 80% of the properties for Delhiites was turned down during DDA's board of directors' meeting with chairperson Najeeb Jung. However, a few officials said on condition of anonymity that Delhiites may ultimately suffer in comparison to applicants from outside the capital.
One of the clauses forbids Delhiites, who own a plot or a flat measuring more than 67 square metres in the capital, from participating in the housing scheme.
"However, any Delhiite owning property outside the city can participate in the draw. While this clause benefits those without flats, it does so unfairly only at the cost of property owners of the capital," the official said.
DDA officials said 896 flats have been built with green technology. These flats will be available in Rohini, Dwarka, Narela, Jasola and Vasant Kunj.
The authority is also offering for sale 811 old flats which were leftovers from previous housing schemes. DDA vice-chairperson, while announcing the scheme, said that these flats will be provided in "livable condition". "We have renovated the flats. And have depreciated their costs by 1.5% per year since they were first introduced," said Kumar.
Speaking about the issues with the previous housing schemes, in which several promises made to the allottees were not kept, Kumar said, "We've learnt from our mistakes. That's why we've come up with such a huge corpus fund. We've brought our flats to a condition where we can without uncertainty promise to deliver all the units by March 2015."
The authority will make the registration process online to ensure transparency. For payment of the registration amount, the DDA has tied up with 13 banks. Unlike in previous schemes, there will be no file and challan system this time.
At the time of filing applications, no document other than PAN and Aadhar cards is required to be submitted. Only one application form will be accepted per person.
DDA has provided housing to 3.5 lakh people so far.