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40k flats empty, unsold: Why the DDA's Narela project has struggled to take off | Delhi News

According to sources within the DDA, it has spent Rs 15,000 crore on flats and infrastructure in Narela. Apart from this, it still bleeds money maintaining their depreciating inventory year after year. ....

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DDA housing scheme receives over 500 bookings on first day

After the first 60 days, an interest rate of 11% per annum will be charged. If an applicant is unable to pay within 90 days of allotment, the purchase will stand cancelled. ....

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