DDA's Housing Scheme Evokes Low Response
Oct 16, 2014, 11:42 IST
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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.
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