DDA - Housing Scheme Details and Eligibility

DDA - Housing Scheme Details and Eligibility

Delhi Development Authority (DDA) has given houses to so many people. Every year people wait for DDA flats draw time so that they can also try their luck. In 2018, DDA has tried to compensate for the facilities not provided in 2017 due to which many people lost interest the housing scheme. DDA flats 2018 are far more better than previous houses. Recently, DDA has announced that in 2019, it is giving away 25,000 flats to Delhi residents.

To know more about DDA flats 2018, you should read this article. Here you will find the details of number of flats given on each category - LIG, EWS, MIG. Later, you will read the eligibility criteria for DDA flats 2018. Those who match the eligibility criteria have applied for the housing scheme and may be will soon get a house of their own.

What number of DDA Flats 2018 are accessible available to be purchased?

An aggregate no of 20,980 pads are being offered out of which 3622 are for Janata or EWS (monetarily more fragile areas), 16,298 for LIG (low-salary gathering) pads, 579 for MIG (center pay gathering) and 488 for HIG (high-pay gathering) houses.

Who are qualified for DDA 2018?

Just qualified candidates can apply for DDA Housing Scheme 2018. The qualification for the equivalent is as per the following: â—? The candidate must be resident of India â—? The candidate ought to have accomplished the age of 18 years

â—? The candidate must not possess any private house or plot in full or to some extent, on leasehold/freehold premise in New Delhi, Delhi or Delhi cantonment, either in his/her own name or for the sake of his/her better half/spouse/minor ward youngsters â—? Assuming be that as it may, the offer of the candidate in the mutually possessed plot or land under the private house is under 66.9 square meters, he/she can apply under any of the plans â—? An individual who has just been apportioned a house/level built by DDA or some other land/owning organization regardless of whether it is less then 66.9 sq meters, will not be qualified for allocation under any of the plans of DDA.

Home purchase is quite difficult for most of the people so many people chose to take a home loan. If you are also willing to take a home loan for house next house purchase, you can compare different home loans. You can compare them on the basis of eligibility, interest rate, loan amount and fees & charges involved. You should know that processing fee is an upfront fee which has to be paid to the lender at the time of loan disbursal. It is usually up to 1.5% of the loan amount. At present, SBI has kept home loans at 0 processing fee. But other charges such as stamp duty has to be paid to the lender.

So, if you are planning to book a flat in DDA 2018 or 2019, you can be prepared for the lender before your name comes in the draw. You can at least compare different home loan rates before applying.