DDA’s Premium Flats E-Auction Sparks Frenzy with 850 Registrations, While DDA Housing Scheme Shines Bright with Over 9,000 Enthusiastic Applicants!
In an impressive turnout, the Delhi Development Authority’s (DDA) e-auction for its premium high-end flats has received a significant response, boasting 850 registrations since opening its doors to prospective buyers on November 30. Scheduled for January 5, the auctions for these coveted properties have generated optimism among DDA officials who anticipate a further surge in interest.
DDA Housing Scheme 2023
A DDA spokesperson expressed enthusiasm, noting, “This is very encouraging, considering these are premium flats. In the coming days, we expect the numbers to grow further.” Prospective buyers keen on participating in the bidding process are required to submit an earnest money deposit for each flat they intend to bid on. Deposit amounts vary depending on the type of flats, with penthouses commanding a deposit of Rs 25 lakh, super High-Income Group (HIG) flats at Rs 20 lakh, HIG flats at Rs 15 lakh, and MIG flats at Rs 10 lakh. Unsuccessful bidders will have their deposits returned upon the completion of the
Eligibility Criteria For DDA Housing Scheme
- Citizenship and Age:
- The applicant must be a citizen of India.
- The minimum age requirement is 18 years.
- Property Ownership Restriction:
- Eligibility extends to individuals who do not own, either individually or through their spouse or dependent relations, a residential plot or flat/house with a carpet area exceeding 67 sqm on a freehold or leasehold basis in the urban areas of Delhi, New Delhi, and Delhi Cantonment.
- Spousal Application:
- Both spouses are eligible to apply separately. However, if both are successful, only one will be allotted a flat, and the application money of the other will be refunded.
- Single Application Submission:
- Applicants can submit only one application, either individually or jointly.
- Income Criteria for EWS Category:
- For economically weaker section (EWS) flats, the individual or joint income of the applicant should not exceed Rs 3 lakh per annum, and the household income should not exceed Rs 10 lakh per annum.
- No specific income criteria apply to other categories.
- Bank Account Details and PAN:
- Applicants are required to provide their bank account details in the application form.
- Possession of a Permanent Account Number (PAN) is mandatory.
- Joint Application Considerations:
- In the case of a joint application under SC or ST reserved categories, the joint applicant should be from within the family.
- For joint applications under categories like war widows, persons with disabilities, ex-servicemen, and other reserved categories, the primary applicant must fall within the respective reserved category, and the joint applicant should be from within the family.
These eligibility criteria are designed to ensure fairness and transparency in the allocation process. As prospective homeowners gear up to apply for the DDA housing scheme, adherence to these guidelines will be key to a successful and seamless application process.
Flat Price Range
Category | Minimum Price |
Penthouse | ₹5 crore |
EWS | ₹11.5 lakh |
Super-high income group | ₹2.5 crore |
High-income group | ₹1.4 crore |
Middle-income group | ₹1 crore |
Low-income group | ₹23 lakh |
Details of DDA Housing Scheme 2023
Name of the scheme | DDA housing scheme |
Launched by | Government of Delhi |
Beneficiary | Citizens of Delhi |
Objective | To provide flats at cheaper rate |
Official website | http://dda.org.in/ |
Year | 2023 |
Location and Flat Categories
In a bold move to address diverse housing needs, the Delhi Development Authority (DDA) is set to launch an extensive housing scheme encompassing five distinctive flat categories. Prospective homeowners can look forward to securing their dream dwellings in sought-after locations such as Vasant Kunj, Loknayak Puram, Dwarka, Sector 19B, and Sector 14.
Dwarka’s Sector 19B is poised to become a hub of luxury living, boasting over 1,100 opulent apartments, including prestigious penthouses and high-income group (HIG) residences. Positioned to offer breathtaking views of the future DDA golf course, these residences will be made available for purchase through an exclusive online auction.
For those seeking mid-income group (MIG) housing, the spotlight turns to Loknayakpuram and Sector 14, Dwarka. A total of 647 apartments in Loknayakpuram and 316 MIG apartments in Sector 14 will be up for grabs, promising a blend of comfort and affordability.
Meanwhile, the First Come First Serve (FCFS) method will govern the allocation of more than 28,000 homes in Narela, spanning various categories. Loknayakpuram will feature 224 economically disadvantaged section (EWS) flats, while Sector 14, Dwarka, will offer 1008 EWS flats. Additionally, Sector 19B, Dwarka, will witness the availability of 316 low-income group (LIG) flats and 728 EWS flats.
This housing initiative not only caters to the diverse socio-economic spectrum but also introduces a mix of modern living options in prime locations. As the DDA opens the doors to these housing opportunities, prospective homeowners are encouraged to explore the array of choices and secure their future residences in the heart of Delhi’s thriving real estate landscape.
The DDA has announced the sale of a total of 1,130 luxury flats, featuring 14 penthouses, 170 super HIG residences, and 946 HIG flats in Dwarka 19B. Notably, the sale of these sought-after properties will be exclusively conducted through the e-auction mode. The luxurious penthouses, designed as five-bedroom duplex apartments with a spacious plinth area of 424 square meters, offer a scenic view of the upcoming DDA golf course. Officials anticipate these residences will be ready for occupancy by the end of December or early January.
Simultaneously, the Diwali Special Housing Scheme’s first-come-first-serve initiative has witnessed overwhelming success, drawing in over 9,000 registrations since its commencement on November 24. Covering more than 32,000 newly constructed flats across various categories and prime locations such as Dwarka, Lok Nayak Puram, and Narela, the DDA’s Diwali housing scheme continues to capture the interest of eager home seekers.