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April 7, 2023
This is to inform that DDA has released the notice for Sector 7A on 06th of April. Per data provided by DDA, the total land in the sector is 299 Ha; out of which 64 Ha is vacant area. Per the issued notice, we will have upto 3 months to form the consortium with atleast 70% contiguous land. Though it can be extended further on request, we will be trying to achieve this in the provided period.
We met with DDA officials at Vikas Minar, Vikas Sadan and at their Land Pooling office at Pitampura multiple times this year. During our last meeting, held on 13-March, with the DDA’s Commissioner in regards to issuance of Notice for Sector 7A, we were informed that the delay was because of an objection filed by some party on the delimitation. After consulting with us, DDA commissioner decided to move forward with the issuance of notice and informed us that the same would happen in a couple of week’s time.
After a number of cycles of discussion, our legal representatives have finalized the first draft of the Articles for consortium registration. We have sent it to DDA, this morning, for their legal team to have a look and also to the landowners, to be finalized in the next couple of weeks before sending it for registration.
DDA has approved the master plan for 2041 and now it will be forwarded to MoHUA for final approval and notification.
Also, DDA has reopened the participation window to allow the landowners who have not yet came forward. We will also be trying to identify such landowners and will convince them to show willingness, so as to achieve contiguity.
With this, we will like to update all that we are almost on track as was anticipated at the beginning of this year, except for that we are off by a little over a month. The outcome that we were expecting by the end of Feb will now be achieved by the end of first week of April.
MOST DISCUSSED
Analysts are wondering if the development in Delhi will push property prices down in Gurgaon and Noida.
Will new PPP model prove to be a boon for the aging society flats in Delhi?
HIGHLIGHTS
Augment Housing Supply
Quality life for all
Reduce commuting time
Increase Parking Space
Improve distribution & mgmt
Manage Solid Waste
More space per family
Concrete measures to tackle issues
FAR to be increased
Govt. norms eased
BANK DETAILS
Account Name
: Aashiyana Housing Welfare Society
Account No.
: 105011021210
Bank
: Dena Bank
Branch
: Patparganj, Delhi
IFSC Code
: BKDN0711280
Account Type
: Current
Land Registration cost will be charged as applicable.
Late Payment charges will be levied by interest at the rate of 18% p.a. (per Society's Act)
Receipts towards payment would be issued only after realization of the cheques.
Also, as was communicated earlier, membership will be allocated only after payment of complete land cost.