Business Standard

Note ban woes? DDA housing scheme gets only 8,000 applications for LIG flats

Senior DDA officials said that demonetisation could be a factor behind fewer people applying

house, construction, real estate, home, building
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Budgetary support to PMAY, a refurbished version of the erstwhile IAY, has increased by 127 per cent under the NDA government, to Rs 23,000 crore in 2017-18 from Rs 10,116 crore a year ago

BS Web Team New Delhi
The Delhi Development Authority's (DDA's) 2017 housing scheme has managed to garner only 22,000 applicaions, with just four days left for the deadline, compared to the over 1 million applications it had received for its last housing scheme, which it launched in September 2014, the Financial Express reported on Friday while citing a senior DDA official.  

According to the official cited by the report, of the applications received, only 8,000 were for lower-income group (LIG) houses even though more than 11,000 of the 12,000 houses on offer under the scheme fell in the LIG category. 

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