Delhi Development Authority Housing Scheme 2021 Last date for Interest-free payment extended

Delhi Development Authority Housing Scheme 2021 Last date for Interest-free payment extended

  • DDA Housing Scheme 2021 opened on January 2, 2021
  • The DDA allotted 1,353 flats to individuals on March 10, 2021
  • Last date of interest-free payments was June 29 except for the allottees of the Dwarka 16-B

The last date of interest-free payment by the allottees of the flats in the DDA Housing Scheme 2021 has been extended by the Delhi Development Authority to August 31 in view of the coronavirus pandemic. But the relaxation is not available to the allottees of Dwarka Sector 16-B flats.

“After having considered the situation due to the 2nd Wave of COVID-19, the competent authority has extended the last date for making payment/ cost of flats by allottees of Housing Scheme 2021 without levy of interest except for the allottees of Dwarka Sector 16-B up to 31.08.2021,” said DDA in a circular.

The last date of interest-free payments was June 29 except for the allottees of the Dwarka 16-B.

The DDA allotted 1,353 flats to individuals through an online lottery drawing system under the housing scheme on March 10.

Delhi Development Authority Housing Scheme

The last date for making interest-free payments by the allottees was extended by the authorities after due assessment of the situation following the second wave of the Covid-19 pandemic.

However, the extension of the last date is contingent upon allottees making the payment of the due amount for the DDA Housing Scheme flats is made within the extended period, failing which, the relaxation would not apply.

“The extension of the last date is, however, subject to the condition that the payment of the demanded amount is made within this extended period, otherwise, the benefit of the extension will not be admissible to the allottees,” the DDA said.

The DDA’s 2021 Housing Scheme, which opened on January 2, 2021, a total of 1,354 flats were on offer, applications for which were accepted until February 16. The flats on offer were located in Delhi’s Dwarka, Jasola, Manglapuri, Vasant Kunj and Rohini areas.

The flats offered were in three categories: high-income group (HIG), middle-income group (MIG) and low-income group (LIG). The costliest flat on offer was price Rs 2.14 crore in the HIG category and started from Rs 40.1 lakh.

In the 3-BHK category of HIG, 215 flats were on offer in Jasola, Pocket 9B in the price range of Rs 1.97 crore to Rs 2.14 crore. In Vasant Kunj area, 13 flats were on offer in the price range of Rs 1.43 crore to Rs 1.72 crore, 352 MIG flats were located in Dwarka Sector 19-B, 348 in Dwarka Sector 16, and four in Vasant Kunj and as many as 276 EWS flats in Dwarka’s Manglapuri.

The last DDA housing scheme was launched in March 2019, offering nearly 18,000 flats under four categories — 488 (HIG), 1,555 (MIG), 8,383 (LIG) and 7,496 (EWS).

Source: https://www.timesnownews.com/business-economy/industry/article/dda-housing-scheme-2021-last-date-for-interest-free-payment-extended-check-details/789921

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