List of Banks for DDA New Housing Scheme 2017 Application Forms

The Delhi Development Authority (DDA) has included eight banks for its new housing scheme. DDA New Housing Scheme 2017 is expected to be launched after the municipal elections are over in Delhi.

A senior official said that DDA has tied up with eight banks – five private and three government banks for the scheme. These banks are as follows:

  1. Bank of Baroda,
  2. Yes Bank,
  3. Axis Bank,
  4. IDBI Bank,
  5. Kotak Mahindra Bank,
  6. State Bank of India,
  7. Central Bank and
  8. HDFC Bank

Read More: DDA 1981 Housing Scheme Rohini Updates

Frequently Asked Questions

  • Brochure Cost
  • Cost of the brochure for last scheme was Rs 150. If you download it online, you will have to pay the amount at the time of submission.
  • How can my bank help?
  • You can apply at the banks that tie up with DDA. 13 banks had tied up last time.
  • Do I need ID proof?
  • All you need is a photocopy of your PAN card.
  • Am I eligible?
  • Any Indian citizen, 18 years of age and above can apply. However, you are not eligible to apply if you already own a flat or plot in your or your spouse/child’s name in Delhi.
  • How many times can I apply?
  • A person can only apply once each year.
  • If I’m applying can my husband/wife also apply?
  • Yes, both of you can apply separately. However, if both of you are allotted flats, only one can be retained.

Read More: New Housing Schemes

The application forms will be available at select branches of these banks in Delhi only. Sources in DDA said that 99 branches of Bank of Baroda, 48 of Yes Bank, 118 of Axis Bank, 84 of IDBI bank , 50 of Kotak Mahindra Bank , 29 of State Bank of India, 28 of Central Bank of India and 6 of HDFC will be on board.

Because DDA is also offering the buyers to book the flats online, these banks will be providing gateways for online transactions. The refund to the unsuccessful applicants will also be handled by the these banks. In case of refund or transfer of money only electronic mode will be used with no paper transaction.

The Authority has also decided that if the buyer denies taking the possession of the flats then they will not have the option of ‘surrendering’ it. The land owning agency will forfeit the entire registration money which is Rs 2 lakh for HIG and MIG flats and Rs 1 lakh for LIG and Janta flats.

The Head of DDA Anil Baijal has intructed the senior officials to ensure that adequate public transport connectivity and other services are available before the opening of flats under its new housing scheme .

News Source: http://www.hindustantimes.com/delhi/eight-banks-where-you-can-get-forms-for-dda-s-new-housing-scheme/story-FYJ3fsxeLyOO1aP1dfg49O.html

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