DDA may launch new scheme for 23,000 flats in June
Real Estate

DDA may launch new scheme for 23,000 flats in June

The Delhi Development Authority (DDA) is expected to launch a new housing scheme for 23,000 flats in June. The scheme is likely to offer flats for middle-class and low-income groups.

The majority of the flats in the new DDA housing scheme will be located near the Narela sub-city. The flats will be sold at a subsidized price and allocated through a computerized draw of lots. The scheme is expected to be launched in June 2023.

The DDA is taking steps to improve the saleability of the new flats. These include improving transportation infrastructure, allowing people to amalgamate flats, and allotting flats on a first-come-first-served basis.

The scheme was originally planned to be launched in May 2023, but the DDA meeting was postponed. The scheme is now expected to be launched in June.

The DDA will not put all 23,000 flats up for sale at once. They will be released in phases, after the market's reaction has been studied. The housing policy will also be changed, most likely in mid-June.

The eligibility criteria for the scheme has been relaxed. People who own a plot or flat in Delhi with an area of less than 67 square meters can now apply. Previously, people who owned any property, regardless of size, were not eligible to apply.

To avoid confusion, the DDA will put the sale of units under the old housing scheme on hold for one or two months. There are around 16,000 units under the old housing scheme.

See also:
Master Plan 2041 approved by the Delhi Development Authority
DDA receives central approval for revised housing regulations


The Delhi Development Authority (DDA) is expected to launch a new housing scheme for 23,000 flats in June. The scheme is likely to offer flats for middle-class and low-income groups. The majority of the flats in the new DDA housing scheme will be located near the Narela sub-city. The flats will be sold at a subsidized price and allocated through a computerized draw of lots. The scheme is expected to be launched in June 2023. The DDA is taking steps to improve the saleability of the new flats. These include improving transportation infrastructure, allowing people to amalgamate flats, and allotting flats on a first-come-first-served basis. The scheme was originally planned to be launched in May 2023, but the DDA meeting was postponed. The scheme is now expected to be launched in June. The DDA will not put all 23,000 flats up for sale at once. They will be released in phases, after the market's reaction has been studied. The housing policy will also be changed, most likely in mid-June. The eligibility criteria for the scheme has been relaxed. People who own a plot or flat in Delhi with an area of less than 67 square meters can now apply. Previously, people who owned any property, regardless of size, were not eligible to apply. To avoid confusion, the DDA will put the sale of units under the old housing scheme on hold for one or two months. There are around 16,000 units under the old housing scheme. See also: Master Plan 2041 approved by the Delhi Development AuthorityDDA receives central approval for revised housing regulations

Related Stories

Gold Stories

Next Story
Equipment

BEML Wins GeM Award for Highest MSE Order Value

BEML Limited has received the “Maximum Order Value to MSEs” award at the 10th Foundation Day celebrations of the Government e-Marketplace (GeM) held at Bharat Mandapam, New Delhi.Union Minister of Commerce and Industry Piyush Goyal presented the award, which was received on behalf of BEML by Anil Jerath, Director (Finance).The recognition acknowledges BEML's efforts to strengthen procurement from Micro and Small Enterprises (MSEs) through the GeM platform.BEML said its procurement initiatives are aimed at encouraging greater participation of MSEs in public procurement and supporting the gr..

Next Story
Equipment

BKT to Showcase Advanced Off-Highway Tyres at Bauma ConExpo

Balkrishna Industries Ltd (BKT) will showcase its latest off-highway tyre solutions at Bauma ConExpo India 2026, scheduled from September 15-18 at the India Expo Centre, Greater Noida.The company will display a range of application-specific tyres for construction, mining and industrial operations at Hall 12, Booth No. 1. Key products will include the EARTHMAX SR 30 for loaders and articulated dump trucks and the AIROMAX AM 27 for mobile cranes.BKT will also showcase MINE FORCE, EARTHMAX EXPERTO GD1, XL GRIP NEO, DYNA HAUL, CONSTEER and EARTHMAX SR423. The tyres are designed to operate under he..

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement