If you’ve been dreaming of owning a home in one of Delhi’s most premium localities like Vasant Kunj, Dwarka, or Rohini, here’s your golden chance. The Delhi Development Authority (DDA) has launched a new premium housing scheme offering 177 flats and 67 garages through e-auction.
This initiative was approved during a high-level meeting chaired by Delhi’s Lieutenant Governor VK Saxena, aiming to boost residential ownership, especially in upscale parts of the capital.
🏡 What Types of Flats Are Available?The scheme includes flats in three income categories:
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HIG (High Income Group)
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MIG (Middle Income Group)
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LIG (Lower Income Group)
Locations Covered:
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Vasant Kunj
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Dwarka
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Rohini
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Pitampura
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Jasola
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Ashok Pahadi
Flats will be allotted through e-auction, allowing fair and transparent participation.
📈 Key Benefits and New Reforms by DDAAlongside the housing scheme, DDA has introduced several key reforms to improve the real estate ecosystem in Delhi:
✅ Commercial Reforms-
Amalgamation charges for commercial properties reduced from 10% to 1%.
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Multiplication factor for auction pricing cut from 2x to 1.5x, making bidding more affordable.
These reforms align with the Ease of Doing Business goals set by the Central Government.
💸 Monthly Rent Assistance for Redevelopment ProjectsDuring the redevelopment of Signature View Apartments, flat owners will receive monthly rent support:
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HIG flat owners – ₹50,000/month
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MIG flat owners – ₹38,000/month
This benefit starts from January 2025, provided the residents vacate their flats as per redevelopment timelines.
🏗️ Infrastructure Expansion in NarelaIn a major move to boost education and sports infrastructure:
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Land in sectors G-7 and G-8 will be used for an educational hub.
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Land in sectors G-3 and G-4 will host sports complexes and stadiums.
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Remaining DDA flats in Narela will be offered at concessional rates to government departments and universities.
Visit the official DDA portal: https://dda.gov.in
Register and log in with your credentials.
Look for the e-Auction housing scheme section.
Select your category and locality preferences.
Submit required documents and participate in the auction.
This initiative offers:
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Affordable access to housing in top localities.
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A transparent e-auction system.
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Reforms that boost both residential and commercial property ownership.
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Support for education, sports, and infrastructure in Delhi.
If you’ve been waiting for the right time to own a home in the capital, this could be your perfect opportunity. Need help with application steps or eligibility? Just ask!
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