If you are one of the lucky winners of the Draw for Housing Scheme 2017 and if you are planning to surrender the DDA flat then this article lists the complete procedure of the cancellation and withdrawal of the application. This time DDA has made it clear that only the genuine buyers must apply for the scheme and in addition to this, the rules for the cancellation has been modified by the Authority.
As per the brochure, if the applicant is willing to surrender the flat then the applicant will forfeit the registration amount and in addition to this, there were reports that the DDA might put a 5 year lock in period on the resale of the flat but in a recent notification, DDA said that there is no such lock in period.
However, if the applicant is planning to withdraw between the date of thedraw but before the issue of allotment letter then 25% of the application money will be forfeited whereas, from the date of allotment till 90 days, 50% of the application money will be forfeited. Any surrender made after this will lead to complete loss of application fee.
Here is the list of documents required for the cancellation or surrender of the DDA Flat
- Allotment and Demand letter issued by DDA is required as a primary document
- Address proof is also required if you have moved your home after filing the application.
- Photocopy of the passbook is also required if there is any sort of change in bank particulars.
These are the only documents required for the cancellation and you need to approach the DDA office at INA for the cancellation or surrender of the flat. You will have to submit the application to DDA’s office and the amount will then be refunded to your account.