DDA Budget: housing scheme in Dwarka, Vasant Kunj and Rohini

Delhi Development Authority (DDA) plans to build new housing projects in Dwarka, Vasant Kunj and Rohini.

According to a published media report, DDA has earmarked Rs 3,753.87 crore for construction of the flats in its 2016-17 Budget, which was approved on Friday.

“New housing schemes are likely to be undertaken in Vasant Kunj, Rohini and Dwarka etc. and ongoing schemes in areas like Kalkaji, Rohini, Jahangirpuri, Dwarka, Bakkarwala, Vasant Kunj, Narela, etc. which are already in progress, will also be taken up,” a senior DDA official said.

After the poor response to the 2014 affordable housing scheme aimed for the middle class and lower-middle class – 10,000 houses were returned by the allottees – the DDA is planning to come up with a new scheme to resell these flats, said a senior DDA official.

The practice of getting the Collector of Stamps (CoS) to adjudicate on the quantum of stamp duty on land deeds executed by the capital’s land agency will be discontinued from March 15, shortening the process of registration by around a fortnight.