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

Next Story
Infrastructure Transport

Tunnelling Begins for Thane–Borivali twin tunnel project

Tunnelling work has commenced for the 11.84-km Thane–Borivali Twin Tunnel, set to be India’s longest urban road tunnel, marking a key milestone in Mumbai’s infrastructure development.As per a post shared by Mumbai Metropolitan Region Development Authority on social media platform X, the tunnel boring machine (TBM) ‘Nayak’—the country’s largest single-shield hard rock TBM for an urban tunnel—was launched by Devendra Fadnavis on Tuesday. The event was attended by Eknath Shinde and Sunetra Pawar, among other dignitaries. A second TBM, ‘Arjuna’, is expected to be launched so..

Next Story
Infrastructure Transport

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Next Story
Infrastructure Energy

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement