DDA announced relief in pending water bill & reduced interest on arrear
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SK MALIK
Jun 27, 2014, 3:59:49 AM6/27/14
to dwarka-r...@googlegroups.com
DDA
tweaks interest for allottees
Jun 27, 2014, 04.49 AM
IST
NEW DELHI: DDA on Thursday decided to close
the gap between the interest charged from allottees for delayed payment and
that it pays to allottees for running late in delivering housing projects.
The directive has come after several allottees, who invested in DDA's housing projects that are running late, complained about the disparity between the penalty charged of the Authority and penalty levied by it.
Lakhs of allottees, including thousands from DDA's scheme in Rohini which has been pending for last 33 years, will benefit from this move. The scheme will apply to all live projects and all projects that DDA will introduce in future.
In case of delay in payment of cost of flats after 90 days from the date of demand-cum-allotment letter, compound interest of 12% will be recovered from the allottees instead of 15% compound interest being charged at present. The Authority itself will pay a penalty of 8% simple interest instead of 5% it pays at present on registration deposits for all its future schemes and also in earlier live schemes where deposit had been kept for more than three months from the last date of closure of that scheme. The decision was taken in the Authority's board meeting held on Thursday.
In its board meeting, DDA also decided to allow one time rebate to lakhs of residents in Dwarka and Rohini who've defaulted on their water bill payment. DDA supplies water to 20 lakh residents of Dwarka and Rohini. According to Authority officials, the accumulated default accrued over the last few years totals up to Rs 30.76 crore—a substantial proportion of which is just only surcharge. "The proposed rebate is 50% in case the bills are paid within three months, 40% in case the bills are paid within six months and 30% if the bills are paid within nine months," said a senior DDA official. DDA also decided to approach the ministry of urban development to transfer the conversion charges, ground rent and lease management of industrial plots in Delhi to Delhi State Industrial & Infrastructure Development Corporation, which have been transferred to municipal corporations for maintenance. The Authority also changed land use of two sites to allow development of solid waste management facilities.
The directive has come after several allottees, who invested in DDA's housing projects that are running late, complained about the disparity between the penalty charged of the Authority and penalty levied by it.
Lakhs of allottees, including thousands from DDA's scheme in Rohini which has been pending for last 33 years, will benefit from this move. The scheme will apply to all live projects and all projects that DDA will introduce in future.
In case of delay in payment of cost of flats after 90 days from the date of demand-cum-allotment letter, compound interest of 12% will be recovered from the allottees instead of 15% compound interest being charged at present. The Authority itself will pay a penalty of 8% simple interest instead of 5% it pays at present on registration deposits for all its future schemes and also in earlier live schemes where deposit had been kept for more than three months from the last date of closure of that scheme. The decision was taken in the Authority's board meeting held on Thursday.
In its board meeting, DDA also decided to allow one time rebate to lakhs of residents in Dwarka and Rohini who've defaulted on their water bill payment. DDA supplies water to 20 lakh residents of Dwarka and Rohini. According to Authority officials, the accumulated default accrued over the last few years totals up to Rs 30.76 crore—a substantial proportion of which is just only surcharge. "The proposed rebate is 50% in case the bills are paid within three months, 40% in case the bills are paid within six months and 30% if the bills are paid within nine months," said a senior DDA official. DDA also decided to approach the ministry of urban development to transfer the conversion charges, ground rent and lease management of industrial plots in Delhi to Delhi State Industrial & Infrastructure Development Corporation, which have been transferred to municipal corporations for maintenance. The Authority also changed land use of two sites to allow development of solid waste management facilities.
anura...@yahoo.co.in
Jun 29, 2014, 8:15:58 AM6/29/14
to Dwarka, Mahendra Kumar Gupta, hmsin...@gmail.com, Pradeep Prakash g, Pradeep Prakash g, Sh Bhagwan Das giani
Hello team df and gupta g
Greetings
Thanks for this update. We @ shruti appt sectr 7 trying to utilise this benefit. Do you know of any official no/ person who's dealing and is aware of this rebate offer and is responsible for sector 7.
Mr gupta I am trying your no but able to reach through. Can you please message/ mail your no
Thanks and regards
Resident - Anurag bahl
9899598933/42754370
Greetings
Thanks for this update. We @ shruti appt sectr 7 trying to utilise this benefit. Do you know of any official no/ person who's dealing and is aware of this rebate offer and is responsible for sector 7.
Mr gupta I am trying your no but able to reach through. Can you please message/ mail your no
Thanks and regards
Resident - Anurag bahl
9899598933/42754370
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From: "'SK MALIK' via DWARKA FORUM (Regd)" <dwarka-r...@googlegroups.com>
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Date: Fri, 27 Jun 2014 13:14:42 +0800
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Subject: [Dwarka Forum-] DDA announced relief in pending water bill & reduced
interest on arrear
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