DDA Likely to Resell 13k Flats

DDA likely to resell 13k flats

Earnest Money At Rs 5L, RWAs Fret

DDA is set to float a new housing scheme to re-sell 13,000 flats that were returned by the allottees of the 2014 housing scheme that had 25,000 flats on offer. This time, though, the land-owning agency plans to increase the earnest money to Rs 5 lakh for MIG flats, which an allottee would forfeit if she returns a flat.The idea is to attract only serious buyers.

A final decision on this would be taken in a forthcoming meeting on October 10. But people are already complaining--they want these new clauses amended.

Delhi Residents' Welfare Associations Joint Front, an umbrella body of RWAs under the Bhagidari scheme, has written to LG Najeeb Jung in this regard. “The clauses in the new scheme will discourage genuine buyers. Firstly , it is a huge amount, and secondly , the authority never returns the money on time. Those who will not get a flat will have to block Rs 5 lakh for a long duration,“ said Pankaj Agarwal, general secretary of the organisation.

The front has raised three issues about the scheme that DDA plans to float around Diwali: high earnest money , the forfeiture clause and a fully online process. “How can they forfeit the earnest money? It is difficult for people to block Rs 5 lakh. Often, people don't like the house that is offered and want to return it. This clause should be removed,“ said Rashmi Bansal, a member of the joint front.

DDA officials said they have received several representations from people in this regard. “We had asked people to go and see the flats, their location etc before applying. But a large number of non-serious people applied for the flats.These clauses will only help us,“ said a DDA official.

Of the 13,000 flats, close to 11,000 are one-bedroom units mostly located in Rohini, Narela and Dwarka.

(TOI)