Tuesday, April 26, 2011

GDA Plot Scheme at Madhuban Bapudham

Those who could not make it to the list of successful candidates under DDA Housing Scheme 2010 can still have an opportunity to buy land in Delhi NCR. Ghaziabad Development Authority is running a plot scheme for the allotment of residential plots at Maduban Bapudham. The last date of submission of the completed application forms has been extended to 5 May, 2011. In fact, the scheme has been running since March 16 this year, but seeing the rising demand from the applicants, GDA has extended the last date till 5 May, 2011. The draw is expected to happen in November this year and results will immediately be published after this.

The total number of plots up for sale this time is 690. The area of the plots vary, but the allotment rate per square meter remains the same for all properties. The rate is Rs. 13,600 per square meter. As the plots available are of varying size, the total purchase price and the required earnest money will be different for each category. For example, the plot with an area of 60 square meter would carry an earnest money deposit of Rs. 81,650 and the total sale price of Rs. 8,16,000. There are 250 such kinds of plots, which is the largest in number among all properties being offered.

The application forms for registration under Madhuban Bapudham plot scheme in Ghaziabad are available at select branches of five nationalized banks - State Bank of India, Union Bank of India, Oriental Bank of Commerce, Punjab National Bank, and Vijaya Bank Limited. People from Uttar Pradesh, Delhi, Rajasthan, Haryana and Uttarakhand can find authorized branches of these banks in their states. The price of the form is Rs. 1,100, which should be paid at the counter of bank branch.

Saturday, April 23, 2011

DDA Flat Allotment 2011 - Process Gets Elongated

It seems DDA Housing Scheme will never have a smooth draw process free from any allegations. Just days after the draw results published controversies started to surface once again as these happened in the last draw results of the year 2008. The same allegations of rigging and giving undue advantages to some successful applicants are clouding the jubilation of those who are lucky to find their names in the list.

According to a report, the allotments of flats to winners of the DDA Draw Results 2011 will get delayed by two months. The demand-cum-allotment letters will be issued only after verifying the credentials of those who have made it to the list of successful candidates. Meanwhile DDA has made public the waiting list on its official website, which will remain valid for 9 months.

Though the wait-listed registrants will get back their registration money now, they would require to submit the  same 15 days before the commencement of the next draw. The date of the draw would be announced later, but it cannot be before the end of the six months from the date of the issue of the demand letter. A winner in the draw of lots is given maximum six months time to cancel an allotment or surrender an allotted flat back to Delhi Development Authority.

Check DDA website for the waiting list!

Tuesday, April 19, 2011

DDA Draw Results Out Now

And finally here is the big judgment day! DDA Results are now out and are available for public view on the DDA website www.dda.org.in. Follow the link to see http://www.dda.org.in/tendernotices_docs/april11/Draw_Result_DDA2010.pdf to see a pdf file that contains the list of successful applicants under different categories. The list consists of 1021 pages, with entries arranged in ascending order of application number. One can search through the application number and then can check the applicant's name and father's name to verify the result.

According to reports, Delhi Development Authority started the process of draw earlier in the day amid tight securities. As it is known, the venue has been changed this time, which is the C-DAC (Center for Development of Advanced Computing) office in Sector 62, Noida. A battalion of police force has been stationed at the spot to avoid any untoward incident. Nobody was allowed to enter the premises except for those holding a valid pass, which has been given to only DDA officials, mediapersons, and draw panellists. A television has also been installed outside the premises to allow people to watch live the activities that are going on inside the hall.

Congratulations to all of you who made it to the list of successful allottees of DDA Flats in 2011.

Monday, April 18, 2011

DDA Draw Today

The big day has finally arrived! The hearts of the thousands of applicants must be beating faster as Delhi Development Authority is going to conduct the draw of lots today for its housing scheme 2010. The draw will be held at the office of Center for Development of Advanced Computing (CDAC) in Noida instead of its headquarters at Vikas Sadan Delhi. This is for the first time that DDA is handling such a large number of applicants, which are more than 7.5 lakh, and so it has decided to shift the venue of the draw to this place. CDAC is said to have better expertise and good experience in conducting a lottery of such a magnitude and dimension.

With more than 16,000 flats up for auction this time, everyone is hoping to see their name in the draw results. These flats are located in areas like Dwarka, Narela, Motia Khan, Mukherjee Nagar, Rohini, Vasant Kunj, Jasola, Gharoli, Kondli and Jaffarabad. The prices of flats range from Rs. 9 lakh to Rs. 1.12 Crore for apartments with one, two and three bedroom options.The scheme remained open for application from November 25, 2010 to December 24, 2010 and forms were received from nearly 7.5 applicants through a number DDA counters and designated branches of banks like State Bank of India, ICICI, and Axis Bank.

The DDA housing scheme 2010 draw results will soon be made available on DDA official website www.dda.org.in. Newspapers are expected to publish the results tomorrow, on April 19, 2011. Other housing authorities in the country, such as Ghaziabad Development Authority and Lucknow Development Authority will also come up their own housing schemes this year.

Sunday, April 17, 2011

DDA Housing Scheme 2010 Draw Date

A recent release from DDA has put the draw date 18 April 2011 for the applications received under housing scheme of 2010. The draw results are expected to be published soon after the lottery. The venue of the draw has been changed this time - Noida instead of the head office of Delhi Development Authority at Vikas Sadan. The office of CDAC, located in Noida has been chosen to host this event, which is going to decide the fate of over 7 lakh applicants. One can see the entire process of draw live as the authority is putting up a big TV screen outside the office.

After the draw, the results of the nearly 16,000 successful applicants will be declared and they will be handed over allotment-cum-demand letters soon via post. The money deposited by the unsuccessful applicants will be returned by the end of April. The responsibility to issue refund cheques lies on the individual banks participated in the program.

Saturday, December 25, 2010

DDA Housing Scheme 2010

The last day as announced by the Delhi Development Authority has come and the fate of many lakh applicants is sealed. The euphoria created with the announcement of the scheme seemed to die down near the end as news media refrain from giving any update on what is happening and how the people are responding to DDA bonanza of over 15000 homes. Now the four months wait is on with the people expecting to see their names in the draw result. The list will only publish, as it happens with every DDA housing scheme, after a computerized draw of lots. Hope this time we will not get to see any confusion over the process of draw as was created after the publication of list in the previous flat scheme.

Saturday, November 27, 2010

DDA Housing Scheme

Delhi Development Authority has come up with yet another housing scheme, with a large number of flats up for sale across various locations in the city. The scheme was supposed to be launched during the middle of the year, but due to the Commonwealth Games slated to be held in the month of October, the launch date had to be rescheduled. With the announcement on Tuesday, 23rd of November, the wait became impatient and over a lakh application forms were reported to be sold or downloaded on November 25, the day when the DDA Housing Scheme 2010 opened for registration. The scheme closes on December 24, 2010 and the draw result is expected in April, 2011.

DDA Housing Scheme 2010

There are as many as 16000 housing units are up for sale this time and it is probably the first time that DDA is auctioning such a large number of residential properties in a variety of categories that include one, two and three BHK flats, expandable units and one room tenements. The bulk of the offer, however, consists largely of one-bedroom flats, which are close to 12000 in number. The areas with the largest number of DDA flats for sale include Rohini and Dwarka, where approximately 5126 and 3027 housing units are available. Vasant Kunj has to offer over 2700 fully-furnished flats, chiefly located in Sector D-6. Other locations include Jasola, Mukherjee Nagar, Motia Khan, Loknayak Puram, Zafrabad, Narela, Kondli Gharoli, Kalyan Vihar, Pitampura, Jahangir Puri and Sarai Khalil.

The prices of these flats have grown by 10 to 15 percent over the last housing scheme launched in 2008. The authority is said to be charging only the manufacturing costs of the housing units plus a one-time maintenance fee and some surcharges. However, real estate experts believe that this time around, DDA flats are showing little downward variation from the corresponding market prices. The houses are priced between 3 lakh to 1.12 crore depending upon the locality, building type and specification. The one-room Janta apartments barely meeting the minimum residential requirements are located in Narela, Trilokpuri and Shivaji Enclave whereas Vasant Kunj and Jasola are the only places where fully-furnished 3 BHK apartments are available, of course at a premium value.

DDA Housing Scheme 2010 Application Form

The application forms for DDA Housing Scheme 2010 are available at all leading branches of banks like SBI, ICICI, HDFC, Central Bank of India and Axis Bank. The price of the form along with the brochure is Rs. 105. One can also apply online by visiting the website of Delhi Development Authority. The registration amount for all housing categories except Janta Flats is Rs. 1.5 lakh, which can only be paid by the person purchasing the form through a bank account. The registration fee for Janta houses is Rs. 50,000.

Both the husband and wife can submit DDA Housing Scheme 2010 Application Form but the allotment will be made to only one of them. Any Indian citizen over the age of 18 years is eligible to apply and there is no income limit. However, one must possess a bank account and a valid PAN Card. The proofs of the same along residential proofs are some documents required to be attached with the application. Moreover, 17 percent of the houses on sale are reserved for SC applicants while 7.5 percent will go to people belonging ST community. One percent houses are also reserved each for war widows, ex-servicemen and physically handicapped.