Developers

New DDA Scheme May be delayed due to polls

New Delhi: The upcoming Lok Sabha elections might show to be a dampener for those dreaming of owning an inexpensive home in Delhi.

The Delhi construction Authority (DDA) had introduced remaining month that it will launch a brand new housing scheme in 2014. for most Delhiites, DDA’s housing schemes are the only chance of proudly owning a home within the Capital at affordable charges.

in keeping with sources in DDA, the scheme used to be scheduled to be launched in both February or March this year. on the other hand, with normal elections anticipated to be held in April or may just, the launch is more likely to be delayed now.

“we are still engaged on the modalities of the housing scheme and with the code of conduct likely to be in power very quickly, the housing scheme will not be more likely to be launched within the subsequent six months,” said a senior DDA reliable who didn’t want to be named.

although DDA officials were tightlipped concerning the important points of the scheme even after asserting it in December, sources had mentioned that it was once scheduled to be launched after mid-February or early March. Now, however, it sounds as if the scheme would no longer be launched ahead of June.

In its last housing scheme, launched in 2010, the DDA had offered 16,000 flats — oneroom, three-bedroom and furnished apartments. This time, the collection of apartments may fluctuate between 9,000 and 30,000, relying on which flats DDA desires to include in the scheme.

The DDA has lately submitted a report to the union city building ministry, pronouncing that nearly 33,000 residences had been to be had but in several ranges of building. of those apartments, about 25,000 flats are one-bed room ones.

“there have been past plans to launch the scheme by way of midFebruary but when you consider that many key decisions are yet to be taken, it will get delayed,” the legit mentioned.

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