January 12, 2024: In the latest housing scheme of the Delhi Development Authority (DDA), a total of 274 apartments, including seven penthouses and 138 super HIG flats, offered through e-auction mode, have been booked, according to media reports.
The registration for these flats commenced on November 30, 2024, and the e-auction began on January 5, 2024. The last date for online registration to participate in e-auction and submission of online EMD (earnest money deposit) was December 29, 2023.
As cited in a Hindustan Times report, a senior official said there was ‘fierce competition’ among the bidders during the entire process, signifying ‘high demand for DDA (Delhi Development Authority) flats.’ He said that the premium received was as much as 80% in some cases.
The ‘Diwali Special Housing Scheme 2023’ entails allotment of newly built or soon-to-be completed flats through an end-to-end online system.
The scheme offered 14 penthouses in Dwarka’s Sector 19B, 170 super HIGs and 946 HIGs. 316 and 647 MIG flats were offered in Sector 14 and Lok Nayak Puram, respectively.
The penthouses were available for a price of Rs 5 crore, while Super HIG flats were available for a price of Rs 2.5 crore.
See also: DDA Diwali Special Housing Scheme garners over 9000 registrations
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at [email protected] |
Harini is a content management professional with over 12 years of experience. She has contributed articles for various domains, including real estate, finance, health and travel insurance and e-governance. She has in-depth experience in writing well-researched articles on property trends, infrastructure, taxation, real estate projects and related topics. A Bachelor of Science with Honours in Physics, Harini prefers reading motivational books and keeping abreast of the latest developments in the real estate sector.
Related Posts
DDA housing scheme receives 5,000 applications for 12,000 flats.
20,000 applications received for DDA housing scheme: Official.
Nearly 50 per cent of allottees seek cancellation, in DDA’s 2017 Housing Scheme.
DDA online running housing scheme 2022 registration begins from Sep 12, 2022, 8,500 flats up for sale on first come first serve basis.
DDA issues advisory against fake websites selling flats.
DDA to auction 1,100 luxury flats under its next housing scheme.
