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DDA to offer 15-25% discount on flats on key locations; know details

The DDA approved another round of e-auction for left-out flats in Dwarka and offered a 15% discount for flats in Narela. Non-governmental legal entities can now purchase DDA flats in bulk for use as residential staff quarters and hostels.

Delhi Development Authority: DDA released Rs 460 crore to 2,300 bidders in recent and ongoing housing scheme in record time, ET RealEstate

Lt Governor VK Saxena had instructed the Delhi Development Authority (DDA) to credit Earnest Money Deposits (EMDs) in the bank accounts of applicants within 15 days to ensure that they do not face harassment and red tape, it stated.

Delhi Diwali Special Housing Scheme 2023 : DDA s live e-auction of 2,093 flats today - Check details

The auction features super HIG, HIG, and penthouses in Dwarka, MIG in Dwarka Sector 14, and MIG in Loknayak Puram, totaling 1,130 luxury flats. The process, conducted in collaboration with SBI s e-auctioning bidding platform, involves specific timings for different categories to ensure efficiency. The reserve prices range from Rs 1.1 crore to Rs 5 crore, with earnest money deposits varying based on the flat category.

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