Buyers who won’t get the homes have to wait months for a refund of the fee paid during form submission. But now refunds will be processed within two to three days with the help of online system.
Department of Town and Country Planning (DTCP) has finally launched an online portal to provide transparency throughout the buying process of affordable homes. From application to the allocation of affordable housing all the process will be online. The DTCP has taken this step after receiving numerous complaints from home buyers. The developers were charging premiums from home buyers for the allocation of flats.
Procedures like applying for an affordable housing unit, draw of lots, payment of booking fee, refund and allocation are now completely online.
Reason for launching the online portal-
According to the rules, a developer starting an affordable housing project issues application forms to the potential buyers. The buyer can get these application forms from the developer office and some government agencies, including DTCP and Haryana Shahari Vikas Pradhikaran.
Further the applicant needs to submit the form to the developer with a 5% of unit cost. However, it is alleged that many developers charge premium from buyers to confirm their allotment, which is a total violation of the rules.
Another big problem with the manual system is the slow reimbursement process. Buyers who won’t get the homes have to wait months for a refund of the fee paid during form submission (5% of the fixed costs). But now refunds will be processed within two to three days with the help of an online system.
Benefits of online draw-
In the case of online draws, the developer will not be able to charge premium from the applicants. Applicants receive a message on their mobile phone as soon as they are selected in the lottery. Further they can also pay rest of the money through online medium.
There are currently 91 affordable residential projects in various construction phases in Gurgaon. According to the applicable rules, the allotments of affordable housing projects can be completed through a draw of lots only. Currently there is no change in the price of affordable housing projects. And the government has set a fixed price for the units in affordable residential projects.