Hey there. I live in an SFS flat in Delhi provided by the DDA. I know you must be confused and would like to know the DDA and SFS flats full form. I have simply summarised all of it in a simple way for you to understand. I have also stated the 6 types of schemes under the DDA. Here is the explanation regarding DDA SFS apartments.
DDA SFS flats meaning
DDA stands for the Delhi Development Authority. It has been constituted under the Development Act, 1957. Its main task is to construct and develop residential buildings for all groups of citizens in Delhi.
The DDA allocates flats under six various schemes. These are as follows.
Self Financing Scheme (SFS)
Higher Income Group Scheme (HIG)
Janata Scheme
Expandable Housing Scheme
Lower Income Group Scheme (LIG)
Middle Income Group Scheme (MIG)
When we talk about the DDA SFS flats, the focus is on the flats given under the Self-Financing Scheme of the DDA. Here, the payment is made during the different stages of house construction. The DDA informs about the same through newspapers from time to time.
As far as the apartment allocation is concerned, these are performed by computerised drawing of lots. Successful applicants receive demand-cum-allocation letters through post.
I hope my answer helps you to understand the SFS flats meaning.
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Opting for SFS flats or Skyline Foundation & Structures flat is actually going to be a good investment. They provide contemporary living spaces and have been in the market for about 30 years. We opted for a DDA SFS flats after much hesitation and trust me we are so glad that we did invest here. I would love to share why we were hesitant initially and why it came out to be great here.
Check out some DDA flats here on NoBroker for free Avail NoBroker Buyer Plans to get a variety of flats to choose from What is meant by SFS flats?SFS is basically a real estate company that is famous for delivering projects within the given time, quality construction and also for their dedicated customer services. So if you are planning to buy a SFS flat, be sure you are spending money in a secure place and you will get premium flats as well.
What is meant by a DDA flat?There are many people who do not know what is DDA SFS Flats so to answer them, let me tell you that DDA is the abbreviation for Delhi Development Authority housing scheme. These flats are made available as per the DDA housing scheme for the
Low Income Group (LIG)
Middle Income Group (MIG)
High Income Group (HIG)
Now do note that once you buy a DDA flat, you cannot sell it before 5 years. You will be given ownership of it only after you have stayed there for a minimum of 5 years , so without possessing it, you cannot think of selling it.
I hope you have now understood what is DDA SFS Flats
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What is DDA SFS Flats?
Harman
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2022-11-14T10:45:21+00:00 2022-11-15T13:22:48+00:00Comment
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