{"id":29335,"date":"2014-06-27T10:43:22","date_gmt":"2014-06-27T05:13:22","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=29335"},"modified":"2020-06-15T03:13:52","modified_gmt":"2020-06-14T21:43:52","slug":"29335-dda-increases-interest-rate-on-registration-deposits-for-housing-schemes","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/29335-dda-increases-interest-rate-on-registration-deposits-for-housing-schemes\/","title":{"rendered":"DDA Increases Interest Rate on Registration Deposits for Housing Schemes"},"content":{"rendered":"<p><strong><a href=\"https:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2014\/06\/DDA-hike.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-29337\" alt=\"DDA \" src=\"https:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2014\/06\/DDA-hike.png\" width=\"300\" height=\"250\" \/><\/a>New Delhi:<\/strong> Delhi Development Authority in a meeting at Raj Niwas took a decision to raise the interest rates on all its future housing registration deposits.\u00a0 According to the urban body, instead of the present interest rate which is 5 %, DDA has declared to pay simple interest at 8 %.The development authority in the meeting said that that this decision was taken to reduce the gap between the interest paid to the property allotees and the amount charged as delay costs for the housing schemes under DDA.\u00a0 However the new interest rate will be applicable only on registration deposits for the upcoming housing schemes. The previous cases which already have been settled will not be reopened, DDA added.The statement also added further that the decision to hike interest rate will also apply to the earlier housing schemes which are alive and whose deposit has been held in reserve for above three months from the final date of the housing scheme closure.In the meeting it was also determined that by 30th of June, automated bills will be provided for Lok Nayakpuram and Dwarka Sub-city. These computerized bills can also be accessed on the official website of the DDA. In the meeting, one-time refund in surcharge fee on water bills was also sanctioned for the customers in Rohini and Dwarka who pay their outstanding bills amount in installment basis but within an assured time-frame. The development authority also said that alteration of land use for helping office building in few locations was also approved in the meeting.<span style=\"left:100%;display:inline-block;position:fixed\"><a href=\"http:\/\/rusbankinfo.ru\/\">\u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0431\u0435\u0437 \u043e\u0442\u043a\u0430\u0437\u043e\u0432 \u043a\u0440\u0443\u0433\u043b\u043e\u0441\u0443\u0442\u043e\u0447\u043d\u043e<\/a><a href=\"http:\/\/rusbankinfo.ru\/credits.html\">\u0432\u0437\u044f\u0442\u044c \u043a\u0440\u0435\u0434\u0438\u0442 \u043e\u043d\u043b\u0430\u0439\u043d<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Delhi Development Authority in a meeting at Raj Niwas took a decision to raise the interest rates on all its future housing registration deposits.\u00a0 According to the urban body, instead of the present interest rate which is 5 %, DDA has declared to pay simple interest at 8 %.The development authority in the [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-29335","post","type-post","status-publish","format-standard","hentry","category-realty-news"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DDA Increases Interest Rate on Registration Deposits for Housing Schemes -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bharatestates.com\/blog\/29335-dda-increases-interest-rate-on-registration-deposits-for-housing-schemes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DDA 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