+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

DDA's Housing Scheme Evokes Low Response

Oct 16, 2014, 11:42 IST

Advertisement
The Delhi Development Authority’s (DDA) housing scheme has failed to generate a good response. The DDA received only 7.5 lakh applications even though it had sold a total of 17 lakh forms.

The earlier deadline of October 9 was extended till October 15 due to lukewarm response. Almost 5.5 lakh applications were received in the next six days.

According to DDA officials, strict norms had kept property dealers at bay. Senior DDA officials said that although 20 lakh forms were printed, only 17 lakh could be sold.

Another reason behind the low response could be the lack of two and three bedroom flats.

Out of the total of 25,034 flats, 22,627 are two-room sets with single bedroom and a drawing room. The housing scheme also includes 700 flats for the economically weaker sections.
Advertisement

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article