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DDA Launches Festival Housing Scheme 2023, Offering 32,000 Flats in Delhi; Check Details

DDA Flats in Delhi: Located in Dwarka, Loknayakpuram, and Narela area of Delhi, price of these flats ranges from ₹ 11.5 lakh to ₹ 5 crore.

The Delhi Development Authority (DDA) has launched its Festival Housing Scheme 2023. DDA is offering 32,000 newly constructed flats in the national capital. To be sold on a first-come-first-served basis, the registration process for these flats is open now.

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Located in Dwarka, Loknayakpuram, and Narela area of Delhi, price of these flats ranges from ₹ 11.5 lakh to ₹ 5 crore. The number of flats to be allotted to EWS and LIG category households is 27,000.

Also Read: Average Residential Prices Surge Across Top 7 Cities in India; Hyderabad Leads The Pack

E-auction method will be used to sell these flats. All applicants will have to pay a nominal registration fee. Applicants can apply online at the DDA website – dda(dot)gov(dot)in/eservices(dot)dda(dot)org(dot)in.

Flats in all categories are listed under this scheme viz., super high-income group (SHIG), HIG (high-income group), MIG (middle-income group), LIG (low-income group), and EWS (economically weaker section). These flats are available in Narela, Dwarka, Sector 19B, Dwarka Sector-14, Vasant Kunj, and Loknayak Puram areas of Delhi and available in the planned phase.

The prices of these flats as per different categories are as follows:

·       EWS flats start from ₹ 11.5 lakh

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·       LIG flats from ₹ 23 lakh

·       MIG flats from ₹ 1 crore

·       HIG flats from ₹ 1.4 crore

·       Super HIG flats from ₹ 2.5 crore

·       Penthouses from ₹ 5 crore onwards

This is the first time ever that the DDA is offering over 1,100 luxury flats, including penthouses and high-income group (HIG) flats, in Dwarka Sector 19B, overlooking the Golf Course. E-auction mode will be used to sell these luxury flats, along with some MIG (mid-income) flats in Dwarka Sector 14 and Loknayakpuram.

The number of available EWS flats is 728 which are located in Dwarka Sector 19B, 316 LIG flats and 1008 EWS flats are in Dwarka Sector 14, along with 224 EWS flats in Loknayakpuram and over 28,000 flats in Narela across various categories, will be offered through the First Come First Serve (FCFS) mode.

Currently, 24,000 flats are ready for occupancy, and the construction of the remaining 8,500 will be completed in the next six months, PTI reported.

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