Extension of Time for Payment of 25% Balance Amount for Flats under Diwali Special Housing Scheme 2023
DELHI DEVELOPMENT AUTHORITY
D-BLOCK, VIKAS SADAN, INA
NEW DELHl-110023
HOUS/0009/2024/-SFS(LAB)/1956
Dated: 29.11.2024
Subject: – Request for Extension of Time for Payment of 25% Balance Amount for Flats in L- Tower, Sector 198, Dwarka disposed under Diwali Special Housing Scheme 2023 (FCFS).
With reference to Circular No F/1/0133/2023/CORD/O/oDD(Coordination)/Part (5) dated 28th June 2024, which concerns the payment of the 25% balance amount or less for EWS flats (FCFS) in Sector 198, Dwarka, it was initially stipulated that payment should be completed within 60 days, i.e., by 29th August 2024. An additional 30-day period was also provided, with interest at 11% per annum (simple interest), for any payment made beyond this 60-day period. Subsequently, a number of extensions were given as some finishing was still in progress and the last extension was issued vide circular HOUS/0009/2024/-SFS(LAB) dated 25.10.2024 vide which the payment date was extended upto 30th November, 2024 without interest, and an additional 30- day extension, with interest at the rate of 11% per annum (simple interest), was also available till 30th December, 2024.
In light of several representations from the allottees of flats in Towers L, requesting for additional time to complete their payments on account of apparent necessity for a few extra days to finalize finishing work by DDA before physical possession of their flats could be handed over, and considering the restrictions imposed due to GRAP-IV, the Competent Authority has decided to extend the payment deadline. The new deadline for payment without interest has been extended to 31st December,2024. Furthermore, an additional 30- day extension, with interest at the rate of 11% per annum (simple interest), will be available till 30thJanuary, 2025 thereby making it the final deadline for payment for the allotttees of flats in Towers L.
This issues with the approval of Vice Chairman.
Dy. Director (EWS/Janta)
Copy to:
1. FAH
2. DD. System(H) for uploading on DDA website
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