DDA camp is coming soon on headquarters in Delhi -NCR, for refund issue created by banks.

Q: Banks may get blacklisted for not refunding money to unsuccessful applicant before December 31.

Jay, Delhi-NCR

9th January 2015

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Hi Mr Jay,

As per my knowledge, DDA Vice Chairman said that We may blacklist them from partnering with us in any future schemes. For its flagship housing scheme, the largest in its history, the urban body had empaneled 18 banks and Kumar has said that two private banks among them have defaulted.

The 2014 scheme offered 25,040 flats in various categories and saw DDA receiving a whopping 10,08,985 applications, again an all-time high for the housing authority.

Bhuvan, Delhi-NCR

9th January 2015

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Hi Jay,
I came to know from news that , DDA Vice- Chairman Balvinder Kumar said ,authority had asked all the banks to refund the money by Dec. 31. If people are still saying that they haven't received their money, then authority could arrange a camp for them at our headquarters Vikas Sadan here on Monday or Tuesday.

Rajesh, Delhi-NCR

9th January 2015

Comment

@ Jay,

Authority also instructed officials to look into the arrangements for organizing the camp. After receiving numerous complaints, DDA had issued show- cause notices to banks, which were empaneled for the 2014 scheme. It had directed the banks to refund the deposit money to unsuccessful applicants by Dec. 31.

Ayesha, Delhi-NCR

9th January 2015