DDA Reviewing Eligibility Criteria For Allotment Of Flats
The Delhi Development Authority (DDA) is reviewing the eligibility criteria for allotment of flats offered under the agency’s housing schemes that allows one person to bid for just one unit, as the authority is looking to augment sales by attracting more buyers. The clause was added to provide affordable housing to a larger part of the city population as well as prevent hoarding. However, with an inventory of thousands of unsold flats, the land - owning agency is now planning to do away with the condition. DDA (management and disposal of housing estates) regulation, 1968, were issued under section 57 of DDA Act, 1957. Regulation 7 of these rules detailed eligibility of allotment of the flats. It stated, “A dwelling unit or flat in the housing estates of the authority shall be allotted only to such person who or his wife/husband or any of his/her dependant relations including unmarried children do not own in full or in part on freehold or leasehold basis a residential plot or house in the urban area of Delhi, New Delhi and Delhi Cantonment.” Since then, the city has changed a lot and NCR cities such as Noida and Gurugram have opened up a host of housing choices to the people. As the demand for DDA flats has dropped, such stringent conditions only pushes buyers to other markets. In March, MoHUA approved relaxations to these norms in developing areas -- where more than 25% flats remain unsold six months after they are put up for sale. Now any person having a plot or flat of less than 67 square metres is eligible to apply for allotment of newly constructed DDA flat. The DDA now wants to completely remove this rider allowing everyone to apply for the available flats, irrespective of property ownership. Officials said that relaxation in norms will boost sale by broadening the buyer’s bracket. DDA is also considering launching all new residential schemes on Public Private Partnership (PPP) mode. So far, the authority has not partnered with any private firm for housing projects. “We realised that PPP may be way going forward as we are unable to generate profits from the flats, most of which are now being sold as vintage flats. A private developer may be able to help reduce cost and generate more buyer interest. However, we are still discussing feasibility of the proposal,” said the official.DDA plans to remove the clause that allows one person to bid for just one unit because it has an inventory of thousands of unsold flats
Tags : DDA plans inventory unsold flats Delhi Development Authority agency housing schemes sales buyers eligibility allotment Delhi New Delhi Delhi Cantonment