Got a flat in the DDA 2014 draw? Now what?

If you are one of the lucky applicants who got a flat in the much-awaited DDA Housing Scheme 2014 draw, make sure you are one step ahead and updated with all further information:

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Post the DDA Housing Scheme results, candidates were in a happy and confused mode, at the same time. Happy for the obvious reason of becoming a home owner and confused as to what is the next procedure to be followed.

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The allotment procedure

a) After you have checked the results online on the official website of DDA using your application number, and realising that you are a winner, then in the next 15 days you will receive the Allotment Letter via speed post to your registered address, mentioned in the application form.

b) Once you have received the Allotment Letter, take the letter along with the original papers to the Delhi Development Authority office for verification of the documents.

c) Once the documents are verified by the DDA officials, a Demand Letter will be issued to the applicant.

d)  Once the Demand Letter is released, the candidate will have to pay the entire amount for the flat within 90 days of the issue of this letter.

e)  Incase, the applicant fails to pay the amount within 90 days, they will be given extra 9 months for the payment. During this period, the applicant will be charged interest at the rate of 12 per cent per annum as on 31st December.

f)  If the applicant fails to pay for the flat within 365 days of the issue of the Demand Letter, then the registration money will be refunded without any interest and the allotted flat will be cancelled.

Payment methods

a) The successful allottee will have to pay for the demanded amount by RTGS/NEFT/online mode.

b) In order to make payment through RTGS/NEFT/online mode, applicants can select the bank and generate the e-challan by visiting the DDA website.

c) In order to generate the challan, applicant needs to fill details such as scheme under which you applied for followed by the zone, address, allottee details, type of payment and mode of payment.

d) Once you have generated the e-challan, make the payment and ensure you take a print of the e-challan and check the online payment details as well.

e) It is mandatory for the applicant to make the payment for the allotted flat from his/her bank account.

f) At the time of possession, a copy of the passbook/bank statement has to be presented by the applicant.

g) Post submitting the amount and the required documents, a copy of the Demand-cum-Allotment Letter will be sent to the concerned commissioner of the Income Tax Department.

Source:http://content.magicbricks.com/industry-news/delhi-ncr-real-estate-news/got-a-flat-in-the-dda-2014-draw-now-what/79179.html