Delhi: DDA’s new housing scheme will offer flats at old rates

NEW DELHI: Delhi Development Authority (DDA) will offer in its upcoming housing scheme flats
returned under its previous schemes, and at the old rates.
DDA is set to launch a new scheme next month and on offer will be around 15,000 flats,
according to officials. “Although this scheme will not have new flats, applicants will be able to
buy flats at rates going back to even 2014,” an official said, adding that the decision had been
taken keeping in view Covid-19.
The proposal to launch the scheme was to be brought before the authority in its meeting, which
was to be chaired by lieutenant governor Anil Baijal on Tuesday, but it has been postponed,
sources said.

In 2014, DDA offered around 25,000 flats, with prices ranging from Rs 7 lakh to Rs 1.2 crore.
The price range remained similar in 2017 for 12,000 flats.
The next housing scheme in 2019 saw the price ranging between more than Rs 10 lakh for onebedroom flats in Narela and Rs 1.7 crore for a three-bedroom flat in Vasant Kunj. However, out
of the more than 8,400 allotted flats, around 3,000, mostly one-bedroom ones in Narela, were
surrendered in a month.
The last housing scheme DDA launched was on January 2, 2021 and saw 22,752 applications
for the 1,354 flats on offer. The draw of lots was held on March 10 for the 253 mostly threebedroom flats, 757 two-bedroom, 52 one-bedroom and 291 EWS/Janta flats in areas like
Dwarka, Jasola, Vasant Kunj etc.
Sources said the new scheme would offer flats in Vasant Kunj, Dwarka, Jasola, Narela etc. The
bulk of the flats will be one-bedroom or those for the EWS category in Narela, they added.
A large number of DDA flats are in different stages of construction, including premium threebedroom flats and penthouses in Dwarka, but they won’t be offered this time. DDA wants to
offer these flats only after the real estate sector witnesses better growth in the near future,
sources said.

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https://realty.economictimes.indiatimes.com/news/residential/delhi-ddas-new-housing-scheme-will-offer-flats-at-old-rates/87734406

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