Delhi Housing Society and its Distribution in the Year 2018

by Nityanand Tripathi Senior Digital Marketing Executive

Under the ambitious plan of Delhi Housing Society, the new year of 2018 will see abundance in the delivery of affordable house in the capital of India. With the onset of June 2018, as many as 20,000 accommodations will be opened for registration and booking. The shelters will be ranged for people of the entire industrial segment. The prices are very minimal with the booking charge at the record-breaking amount as per the statement by the DDA officials.

The flats will range from the suites to 4 BHK elegant accommodations. The apartments will be an excellent amalgamation of the LIG, MIG and HIG accommodation as per the statement released by Principal Commissioner of Delhi Developmental Authority JP Aggarwal.

Delhi Housing Society

The Background Stories

The real estate projects that are projected for the second quarter of 2018 will be fully functional and ready to move within the end of June 2018. You will be amazed to know that the principal area of the Delhi and NCR regions are under this bright scheme of Delhi Housing Society. The areas that have been developed under the Affordable Housing Delhi are Dwarka, Narela, Vasant Kunj, Jasola, Rohini and many more erstwhile semi-urban or rural outskirts of South Delhi.

The final price range will be declared at the end of the April 2018. For all the income groups who are coming under the scheme and applied for it will be facilitated with the subsidy of interest of the price range of Rs. 1.40 lakh to Rs. 2.67 lakh. The whole thing is prescribed under the Credit Link Subsidy of Delhi Awas Yojna that has been now clubbed under the Pradhan Mantri Awas Yojana. For all the individuals and families who have still not registered under the scheme, there is good news. The enrollment of the project has been extended for more than 15 months that too taken from December 2018!

Things to Remember

The plan of distributing 20,000 m accommodations every year was actually finalized in the year 2017 owing to the fast and efficient completion of the targeted projects. It will also facilitate to fulfill the vision of Master Plan 2022 to give the quality and international standard living to all section of Delhi. Earlier the date was extended from 2021 to 2022. Directly, the DDA will provision 12,000 flats for all the four segments of urban categories.

The areas that will be given in the direct supervision of the Delhi Developmental Authority are Vasant Kunj, Jasola, Rohini, Dwarka, Pitampura, Siraspur and Paschim Vihar. In 2014 it more than 11,000 flats were registered under the draw, but the rest have been laying vacant restricting the other eligible buyers. That is why now a thorough background check will be done to ascertain severe buyers and to distribute to the deserved customers.