With just a day left to apply for the Delhi Development Authority (DDA's) 2017 housing scheme offering 12,178 flats, the urban body till Friday had received only 27,500 applications till Friday. The last day to submit forms is on Monday, September 11. Forms will not be submitted over the weekend. According to DDA officials, while over 90,000 forms were sold till September 7, 27,500 applications for flats across categories were received.
However, officials said, the number of applications for LIG flats still remains low. Of the total number of applications received, around 11,000 are for LIG flats.
This assumes importance, as of the 12,178 flats on offer, over 11,000 are LIG houses.
"We expect the number of applications to come up to at least 30,000 on Monday, as most people come up to submit applications on the last day," said JP Aggarwal, housing commissioner, DDA.
He added that the number of applications picked up pace in the last week itself when 6,000 forms were received.
Officials attributed the increase in number of applications to the relaxing of the forfeiture clause. The scheme was launched on June 30 with the last date as August 11. However, with a meager 15 per cent forms being sold till mid-August, the last date was extended to September 11.
According to officials, the forfeiture clause in this year's scheme had made banks wary of giving loans on the registration money. The banks' refusal to finance the registration amount has turned away many buyers.
In a meeting held in July, banks had urged the housing authority to remove the clause of 25 per cent registration fee being forfeited.
The DDA had this year put a new clause of 25 per cent registration fee being confiscated if houses are returned after the draw of lots in order to make sure that buyers don't surrender the houses and that only "serious buyers" come forward for the scheme.
The number of applications received and forms sold this year has been much less in comparison to the 2014 housing scheme. Over 11,000 houses in the new scheme are the flats which were returned in the 2014 housing scheme.
NEW CLAUSE
DDA this year put a new clause of 25 per cent registration fee being confiscated if houses are returned after the draw of lots in order to make sure that only “serious buyers” come forward.
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