DDA approves rent with 10% annual hike for residents of SVA

  The Hindu Bureau

In a alleviation to residents of Mukherjee Nagar’s Signature View Apartments (SVA), the Delhi Development Authority (DDA) connected Wednesday approved rent payments with a 10% yearly hike for families who vacated their unsafe homes past year, pursuing a Delhi High Court order.

The DDA cleared rent payments from July 1, 2023, oregon from the existent day of vacation, whichever is later. According to a statement, residents of high-income radical flats volition person ₹50,000 per month, portion those successful middle-income radical flats volition get ₹38,000 per month. The rent volition summation by 10% annually starting July 1, 2024.

The DDA said each arrears volition beryllium disbursed to eligible residents by the 7th of the pursuing month. To streamline the process, a campy bureau has been acceptable up to grip documentation, level handovers, and relocation support. “Hundreds of residents person already vacated their flats, and rent payments are being processed arsenic per tribunal directives,” it said.

Welcoming the decision, Gaurav Pandey, wide caput of the SVA Welfare Association, said the determination yet eases the load connected residents “who person paid rent from their ain pockets for 2 years”. The 12-tower analyzable was declared “structurally unsafe” by IIT Delhi successful 2022, prompting the High Court successful December 2024 to bid its demolition and nonstop the DDA to compensate the displaced families until their flats are ready.