The DDA has tied up with 10 banks for housing scheme forms and transactions. (Representational)
The Delhi Development Authority's
housing scheme with 12,000 flats on offer was launched today by union Urban Development Minister M Venkaiah Naidu. The scheme has been linked with the Pradhan Mantri Aawas Yohna as "the vision of our government is to provide affordable housing by 2022", Mr Naidu told a gathering at Nirman Bhavan in New Delhi. "This is a step in that direction," he said.
Most of the flats are in Rohini, Dwarka, Narela, Vasant Kunj, Jasola, Pitampura and Paschim Vihar. Officials said all the flats have been constructed using environment-friendly technologies. Some 10,000 unoccupied flats are from the DDA's 2014 housing scheme; 2,000 flats have been lying vacant.
"We are happy to launch the new scheme. We have printed adequate number of application forms. There are various logistical constraints involved in launching a scheme of this magnitude, so we wanted to ensure that everything was in order before going public," a senior DDA official said.
The DDA has tied up with 10 banks for sale of application forms and scheme-related transactions. The banks are Axis Bank, Yes Bank, IDBI, Bank of Baroda, Central Bank, State Bank of India (SBI), Kotak Mahindra, HDFC, ICICI and Canara Bank.
The DDA had set mid-June as the target date for the launch of the scheme, which was earlier scheduled to be announced by February.