DDA Housing Scheme Draw Results

Finally the day arrived which many were waiting for. Yes, the Delhi Development Authority (DDA) has announced the winners of Housing Scheme 2017. The draw lot for 46,182 registrants was held today at the Vikas Sadans Auction Hall in New Delhi.  As much as 12,617 flats have been allotted by the DDA.

Around 4-5 months back, the DDA has rolled out its Housing Scheme 2017 for those looking to buy a flat in New Delhi. The scheme was rolled out in an event accompanied by the Union Urban Development Minister Venkaiah Naidu. The minister, while launching the scheme, said that it was linked with Pradhan Mantri Awas Yojana (PMAY), further sweetening the mouth of home seekers in Delhi.

As much as 12,000 flats, located in regions like Rohini, Dwarka, Jasola, Sarita Vihar, Paschim Vihar, Vikaspuri and others, were put out on sale. The scheme ran till 11th August, 2017.

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    Where Can I See the Result of the Draw?

    The list of winners in the draw have been announced on the DDA website on 29th November 2017. Are you are in the list of DDA draw winners?

    Mode of Allotment

    A computerized draw took place through a random number technique before the independent observers. Also, the urban authority has decided to web-stream the draw of DDA Aawasiya Yojana 2017, a Hindi name for DDA Housing Scheme 2017.

    How Can I Get a Flat Allotment Letter?

    The successful allottees will get allotment letters via a registered or speed post at an address provided in the application form. However, you are required to check the result and in the event of delay or you not getting the allotment letter, the DDA won’t be responsible.

    What About Waiting List?

    The DDA will declare on priority a separate list of waiting applicants equaling to 5% of the flats that would be on offer. The validity of the waiting list will be there for only 10 months from the date of demand letter issuance to the successful applicants. The authority will refund the application money of wait-listed and unsuccessful applicants.

    However, if the refund is made with respect to surrendered or cancelled flats before the draw, the eligible wait-listed applicants would be required to submit the application money, which is ₹2 lakhs for HIG/MIG flats and ₹1 lakh for LIG/Janta flats, within a time frame of 15 days. The ones who deposit the money would have their names in the draw.

    People Also Look For  DDA Housing Scheme 2017 - Awas Yojana 12000 Flats for Sale

    A draw will take place only once subsequent to eight months from the issuance of demand letters for the allotment of the surrendered or cancelled flats to the wait-listed applicants as per the priority.

    Personal Loan Interest Rates March 2018
    Bajaj Finserv 10.99% - 16.00%
    Fullerton India 14.00% - 33.00%
    HDFC Bank 10.99% - 20.99%
    ICICI Bank 10.99% - 18.40%
    IndusInd Bank 10.99% - 16.00%
    Kotak Bank 10.99% - 17.99%
    RBL 13.00% - 18.00%
    Standard Chartered Bank 10.99% - 14.99%
    Tata Capital 10.99% - 18.00%
    Home Loan Interest Rates March 2018
    State Bank of India/SBI 8.35% - 8.80%
    HDFC 8.35% - 8.95%
    Bank of Baroda 8.30% - 9.30%
    LIC Housing 8.35% - 8.70%
    PNB Housing Finance 8.35% - 8.70%
    ICICI Bank 8.35% - 8.85%
    Axis Bank 8.35% - 8.75%
    Citibank 8.40% - 9.25%
    Indiabulls Housing Finance Limited 8.35% - 11.25%
    Kotak Bank 8.35% - 8.50%
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