DDA Housing Scheme Sells Out Flats

01 Oct 2024 CW Team

The Delhi Development Authority (DDA) recently sold more than 1,200 flats in its Lower Income Group (LIG) housing scheme, showcasing the high demand for affordable homes in the city. These flats, located in various areas, were part of a government initiative aimed at providing budget-friendly housing solutions for lower-income families in Delhi. The scheme, focused on affordable housing, attracted a large number of applicants, and the inventory was quickly sold out.

The DDA's LIG flats are designed to offer essential amenities while keeping costs low, making them an attractive option for first-time homeowners and economically weaker sections of society. The success of this scheme highlights the need for continued efforts in addressing the housing crisis in Delhi, where a significant portion of the population struggles with access to affordable accommodation.

The fast sell-out of these flats underscores the gap in the market for reasonably priced homes, especially in metropolitan cities like Delhi, where property prices continue to rise. The DDA’s efforts to provide such housing solutions are part of a broader strategy to accommodate the growing demand for residential spaces in urban areas. This housing initiative not only supports government efforts to address the housing shortage but also contributes to the overall development of the real estate sector in Delhi.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..