DDA Plans 1 Lakh Flats in 5 Years under Upcoming DDA Housing Scheme

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Delhi Development Authority (DDA) is planning to offer 1 lakh units of flat within next 5 years under its upcoming DDA Housing Scheme. DDA Housing Scheme 2017 could not bring as expected result, which is the main reason DDA is considering this proposal. Under this scheme some flats are under construction while some are under planning.

After launching DDA Housing Scheme 2017, authority conducted a meeting to discuss for its upcoming housing schemes. As a conclusion, it was decided to offer new flats under DDA’s upcoming schemes.

According to the sources 1 lakh flats will be constructed. DDA has already started construction of 67,000 flats on various sites, out of which 20,000 units are expected to be completed in year 2019.
While DDA is still preparing plan for 13,000 units of flats, for which budget has been passed.
Around 80,000 flats will be ready for allotment within next 3-4 years.

M. Venkaiah Naidu made an announcement that as target of 1 lakh flats, DDA will launch 20,000 flats till every 5 years.
DDA will launch its biggest housing scheme in year 2022 with a claim to offer 26,000 flats.

Source: http://navbharattimes.indiatimes.com/business/property/property-news/dda-has-planned-to-make-one-lakh-new-flats-in-next-five-years/articleshow/59785264.cms

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