Overwhelming Response: 1,500 Flats Sold in Delhi Development Authority Scheme

    Date:

    Share post:

    Delhi Development Authority (DDA) has witnessed an extraordinary demand for its new residential scheme, with all 50 flats in Dwarka sold out within a month of its launch. The scheme, offering a total of 1,500 flats across six locations in the city, received an overwhelming response since its launch on June 30.

    The first day of the scheme saw an impressive start, with over 600 flats booked across all locations within the initial hours. DDA officials have noted that this response is the highest ever recorded for any DDA scheme. Over the course of the month, an additional 700 flats were taken by eager homebuyers.

    Among the six locations, Dwarka and Jasola emerged as the most popular choices for potential buyers. All 50 flats in Dwarka were quickly booked, while in Jasola, 24 out of 41 flats, each priced at ₹2.25 crore, have already been booked.

    Narela and Rohini also witnessed substantial interest, with approximately 700 flats booked in each location. However, there is still room for more bookings as Narela offers a total of 3,550 flats, of which only 20% have been booked so far. Similarly, in Rohini, there are 1,700 flats on offer.

    On the other hand, Lok Nayak Puram and Sirsapur experienced a relatively slower response, with only 35 out of 140 flats and 14 out of 125 flats booked, respectively. Nevertheless, officials remain optimistic, stating that bookings are consistently pouring in every day.

    The DDA’s new housing scheme offers 1BHK flats in Narela, Siraspur, Rohini, and Lok Nayak Puram, 2BHK in Narela and Dwarka, and 3BHK in Jasola. The registration or booking amounts vary based on the flat categories.

    For the LIG (Low-Income Group) category, the registration amount is ₹10,000 plus 18% GST for those in the EWS (Economically Weaker Section) category, and ₹1 lakh plus GST for those in the general LIG category. For MIG (Middle-Income Group) flats, the booking amount is ₹4 lakh plus GST, and for HIG (High-Income Group), it is ₹10 lakh plus GST.

    Upon paying the initial booking amount, the flat is considered booked, and the allottee receives a demand letter, allowing three months to complete the remaining payment.

    DDA officials revealed that while 1,500 flats are currently available for sale, there is an unsold inventory of approximately 13,000 flats. They are considering adding more flats to the existing scheme and may launch another lot of flats for sale during Navratri in October.

    As of now, the scheme remains open for bookings, and DDA has not announced a closing date. The agency is pleased with the response, labeling this as one of the most successful housing schemes in recent years. They encourage interested buyers to make their bookings soon before all the available flats are taken.

    Also Read:- Delhi Development Authority’s FCFS Housing Scheme Records Over 650 Flats Booked in a Single Day.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Related Posts

    Latest posts

    Co-working Leaders Welcome Union Budget 2024

    Commercial and co-working segment of real estate sector have appreciated the government's focus on job creation, skilling...

    Developers Cheer Sitharaman’s Union Budget 2024

    Real estate sector has wholeheartedly welcomed Union Budget 2024, primarily owing to Finance Minister Nirmala Sitharaman's generous allocation...

    Union Budget 2024: Highlights For Real Estate Sector

    Covering a wide spectrum of Indian sectors, the first Union Budget of Modi 3.0, released today (23), focuses...

    DLF Enters Goa Market With Luxury Villas

    DLF Limited, a leading real estate developer based in Delhi-NCR, is set to launch super-luxury villas in Goa...