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Are DDA Flats worth Buying?

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0 2023-04-17T09:35:07+00:00

It can be a wise idea if you purchase a flat in the Delhi Development Authority (DDA) neighbourhood. Because the authority established its presence in some of the city's most popular residential areas, including Dwarka, Janakpuri, and Rohini. Residential property owners in these areas mean a risk-free investment with significant returns (ROI). so continue reading to get detailed info about DDA flats in Delhi.

Know about the DDA flats and the scheme in detail from the experts at NoBroker. Check DDA flats for sale in Delhi listed on NoBroker

Is DDA flats worth buying?

Absolutely, DDA apartments are truly worth every penny paid to purchase one. especially if this is your first time buying from DDA. If nothing else, you will receive a minimum 30% return on your second sale in the open market. You can refer to the following factors to know the benefits:

  • Wide approach roads and a prime position will be okay.

  • All structures will follow planning and construction guidelines.

  • More open space will be there than any private builder could reasonably expect to pay in that price range.

  • City lines will be used to connect the water supply, sewage, and stormwater systems.

What is the eligibility for the upcoming DDA housing scheme 2023?

  • You must be at least 18 years old to apply.

  • If a couple wants to submit an application jointly, there is a "joint application" option. However, spouses can apply for the programme separately; if both are chosen in the draw, anyone may be chosen.

  • Only those in the EWS income bracket have access to this. Individual earnings should not exceed Rs. 3 lakhs per year, or Rs. 10 lakhs per year for the entire family.

  • A PAN Card and a bank account are requirements.

I must have guided you well about the DDA flats in Delhi and their scheme.

Read More: How to check DDA property ownership in Delhi? How to check DDA flat ownership in Delhi and the sales agreement? How to check the DDA application form status?
0 2022-11-29T08:34:58+00:00

My colleague married a girl against his parents’ wishes and thus was asked to leave their house. He had been staying in a rented house for the past two years but now wants to have a house of his own. But buying a house isn’t that easy. You need to invest a lot of money and know whether the property is even legal or not. He had been asking us are DDA flats worth buying for a month so I started learning more details about it. DDA stands for Delhi Development Authority and the flats under the DDA housing scheme are in short absolutely worth buying. 

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  What is the aim of the DDA housing scheme?

DDA housing scheme aims to help home buyers buy houses for themselves. They can belong to LIG or Low Income Group, MID or Middle Income Group or HIG which refers to High Income Group.

 

Is  DDA flats worth buying?

Of course DDA flats are worth buying. Since the houses under the DDA housing scheme are constructed as per the rules and regulations of the government, such properties are:

  • Legal

  • Built with good quality materials

  • Cheaper than other builder’s projects

  • Comes usually with a lot of facilities

  How well is a DDA flat constructed?

Many people are worried about whether the DDA flats are worth investing in or not but after talking with a lot of people I got to know that the average life span of a DDA flat is around 50 years which is excellent. But yes it depends on how much it has been maintained. You need to invest in it if required or get the flat repaired whenever it's needed. The more you take care of your house the more it will last.

 

If you ask me are DDA flats worth buying or not, I will say it is.

  Read More:

How to check ownership of DDA flats?

How to register for DDA flats?

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