The year 2011 is slated to bring joy for Delhites as far as affordable housing solutions are concerned. Delhi Development Authority (DDA) would be disclosing the results of DDA Housing Scheme 2010 by April, 2011. One may get lucky if he or she is allotted a flat amongst the 16,000 odd flats on stake. The odds against are much favourable this time round as for 1 flat there are 43 contenders unlike 2008 which had 1:65 ratio. The DDA results 2011 could be announced anytime in the month of March -2011 or April – 2011.
Affordable Housing Options – DDA Results
DDA has been instrumental in introducing Junta housing option this time round with 1 BHK flats in remote areas of Delhi such as Jasola, Kundli and few others. These would range in and around 10 lakhs to 15 lakhs. There are fair chances that if you chose an option for a Junta flat then your allotment result could be positive.
What if you get allotted a DDA Flat?
DDA flats are offered at attractive prices that are at least 15% to 20% lesser than the prevailing market rate. In case you get an allotment you can consider the following options:
- Sell the flat to property dealers or other interested parties. You can easily end up benefiting from 20% to 30% premium instantly.
- Rent the establishment and get an attractive rate of home financing from the authorised financial institutions.
- Refurnish it to meet your aesthetics requirements
- Hold it for some time and try selling it off at a premium of 100% in the due course
Stay geared and tight! DDA results 2011 can just be in your favour!
