Friday, August 8, 2008

DDA Allotment Scheme- is the Buzz for Real?

Recently announced DDA allotment scheme has supposedly given a golden chance to those who are on a look out for a home in Delhi. The flats are available in different parts on the city and are priced at around Rs 7 lakhs-77 lakhs. They are advertised as being affordable. All this is white transaction. Rs 35-45 lakhs is what a HIG at a good locality costs. Do you think for a middle class family this price is affordable? Even if one takes a loan the EMI comes around Rs 40,000-45,000 per month. Do you think it is feasible by a middle-class family?

Do you think the scheme really caters to masses? Do share your views with us.