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Delhi development body initiates booking for 10,000 flats.

Photo-ET Realty

The Delhi Development Authority (DDA) has initiated the online booking process for approximately 10,000 ready-to-move-in flats across various categories in the city. These flats, offered on a first come, first served (FCFS) basis, are freehold properties and are available for immediate possession.

A significant portion of the available flats, totaling around 8,000 units, belong to the economically weaker section (EWS) and low-income group (LIG) categories, situated in Narela as part of Phase III of the Diwali Special Housing Scheme. Originally launched on November 24, 2023, the Diwali Special Housing Scheme primarily featured newly constructed flats, and now DDA continues to offer 7,931 flats under the same scheme to ensure affordable housing for the public. Among these, there are 1,420 EWS flats in Sector G7 and 6,511 flats in Pocket II, Narela, all offered at reasonable prices in addition to those from the ongoing Phase I and II of the Diwali scheme. According to DDA, more than 3,000 flats have already been sold under these initial phases.

Additionally, registration has commenced for 445 middle-income group (MIG) flats located at Sector A1-A4, Narela, under the FCFS Phase IV scheme. These flats are proposed to be offered at discounted rates after the scheme was put on hold during the e-auction process but has now been revived. The authority has approved a proposal to provide carried-forward MIG flats at a discount of 15% for the general public and 25% for all government employees, including those from central and state departments, autonomous bodies, local bodies, PSUs, and DDA's retired employees. With discounts applied, the cost of these flats ranges between Rs 75-87 lakh.

Responding to public demand for suitable flats at reasonable rates in other areas, DDA is also offering flats from various categories at old rates quoted in FCFS IV 2023. These include high-income group (HIG) and MIG flats at Jasola, Rohini, Loknayak Puram, and Siraspur. The offerings span from eight HIG flats in Jasola, priced between Rs 2-2.1 crore, to LIG flats in Rohini and Siraspur, costing tentatively around Rs 14-27 lakh, providing options to potential buyers across income brackets and preferences.

March 15, 2024 5:12 p.m. 4426

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