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Real Estate Forum on Dda Budget

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

Latest Answer: 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.
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Q: Hi guys, do you have any comments on the new budget that was announced newly?
Latest Answer: Hey guys... around 4,855 EWS houses and 24,660 LIG houses had been planned to be taken up for construction in Dwarka, Narela and Rohini and these are expected to be completed in 2013-14. And in Kalkaji Extension, construction of 3000 EWS houses will soon start and a budget of Rs 30 crore has been estimated for this project.
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