DDA Housing Scheme 2018 – 20,000 Flats to offer in June

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13th November 2017 | Category: Delhi

Delhi Development Authority (DDA) plan to launched around 20,000 flats as part of its 2018 housing scheme in June. According to officially information, DDA`s Housing Principal Commissioner Mr. JP Agarwal said that 20000 flats will be launched in the 2nd quarter of 2018. These housing units will be for low income group (LIG), middle income group (MIG) and higher income group (HIG) categories. The price of these housing units is yet to be decided.
Eligible allottes will be able to avail interest subsidy of Rs.1.40 lakh to Rs.2.67 lakh under the Credit-Linked subsidy component of Pradhan Mantri Awas Yojana (Urban).
These housing units will be located in areas such as Narela, Dwarka, Rohini, Vasant Kunj, Jasola among others.
While launching its 2017 housing scheme in june under which 12,072 houses were on offer, M Venkaiah Naidu former Minister of Urban Development announced that Delhi Development Authority (DDA) would be offering a total of 1 lakh houses, as many as 20,000 per year till 2022.
In June this year, DDA launched 12,000 flats ranging from Rs. 7 lakh to over Rs 1.26 crore. DDA had incentivised this year`s offer by removing the five year lock-in period for resale besides retaining the prices at the 2014 levels.

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