DDA Revenue Jumps 120 per cent After Strong Housing Sales
Real Estate

DDA Revenue Jumps 120 per cent After Strong Housing Sales

The Delhi Development Authority (DDA) generated Rs 10,200 mn from housing sales in the first quarter of the financial year, officials said. This was a rise of 120 per cent from Rs 4,620 mn in the same period of the previous year and reflected robust demand across categories. The Authority sold 1,284 flats during the quarter, underlining renewed buyer interest in its housing programmes.

Narela emerged as the principal contributor, with 1,153 flats sold in the quarter accounting for nearly 90 per cent of total sales. Officials attributed the performance to a renewed focus on reimagining the sub-cities and to ongoing infrastructure works. The schemes have been extended until 31 July 2026 on a first come, first served basis and applications are being taken online.

The Authority reported that middle-income group sales were the largest segment, with 435 units accounting for 34 per cent of quarterly sales. Sales to the economically weaker section and low income group were 336 and 322 units respectively, and the high income group supplied 191 units. Officials said work on the Urban Extension Road II (UER-II) and the Rithala-Narela-Kundli Metro corridor was improving connectivity and supporting demand.

DDA schemes such as DDA Karmayogi Awaas Yojana, DDA Nagrik Awaas Yojana and DDA Towering Heights offered options across income groups and attracted a broad range of buyers. The Authority noted that the predominance of sales in Narela, where 1,153 flats were booked, signalled growing public confidence in its housing programmes. Officials said that the quarterly performance would guide future allotment planning as infrastructure projects continued to bolster prospects.

The rise was linked to the Authority's emphasis on reimagining sub-cities under Lieutenant Governor Taranjit Singh Sandhu and on improvements that enhanced the appeal of Narela. Officials said the extension of schemes until 31 July 2026 on a first come, first served basis and the fully online application process made purchasing convenient. They added that the Authority would monitor demand to inform future allotment planning.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Delhi Development Authority (DDA) generated Rs 10,200 mn from housing sales in the first quarter of the financial year, officials said. This was a rise of 120 per cent from Rs 4,620 mn in the same period of the previous year and reflected robust demand across categories. The Authority sold 1,284 flats during the quarter, underlining renewed buyer interest in its housing programmes. Narela emerged as the principal contributor, with 1,153 flats sold in the quarter accounting for nearly 90 per cent of total sales. Officials attributed the performance to a renewed focus on reimagining the sub-cities and to ongoing infrastructure works. The schemes have been extended until 31 July 2026 on a first come, first served basis and applications are being taken online. The Authority reported that middle-income group sales were the largest segment, with 435 units accounting for 34 per cent of quarterly sales. Sales to the economically weaker section and low income group were 336 and 322 units respectively, and the high income group supplied 191 units. Officials said work on the Urban Extension Road II (UER-II) and the Rithala-Narela-Kundli Metro corridor was improving connectivity and supporting demand. DDA schemes such as DDA Karmayogi Awaas Yojana, DDA Nagrik Awaas Yojana and DDA Towering Heights offered options across income groups and attracted a broad range of buyers. The Authority noted that the predominance of sales in Narela, where 1,153 flats were booked, signalled growing public confidence in its housing programmes. Officials said that the quarterly performance would guide future allotment planning as infrastructure projects continued to bolster prospects. The rise was linked to the Authority's emphasis on reimagining sub-cities under Lieutenant Governor Taranjit Singh Sandhu and on improvements that enhanced the appeal of Narela. Officials said the extension of schemes until 31 July 2026 on a first come, first served basis and the fully online application process made purchasing convenient. They added that the Authority would monitor demand to inform future allotment planning.

Next Story
Real Estate

ANDPL launches AI assistant for Dharavi residents

Adani Navbharat Developers (ANDPL), the special purpose vehicle implementing the Dharavi Redevelopment Project (DRP), has launched Dharavi Didi, a 24x7 AI-powered digital assistant to provide residents with official information on the redevelopment programme.Accessible through video calls, voice calls and WhatsApp, the platform enables residents to obtain information on surveys, eligibility, documentation, rehabilitation and project updates in Hindi, Marathi and English. Support for Tamil, Telugu and Gujarati is planned in the coming months.According to ANDPL, the initiative is intended to imp..

Next Story
Infrastructure Urban

Indobell Secures Domestic Order For Nodulated Wool

Indobell Insulations Limited (Indobell) has disclosed that it has secured a domestic order from Sundaram Brake Linings Limited (Sundaram Brake Linings) for the supply of nodulated wool valued at Rs 48.74 mn. The company submitted the disclosure to BSE Limited on 17 July 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 and related circulars. The filing identified the purchaser as a domestic entity and described the contract as a standard supply agreement to be fulfilled over a specified timeline. The order carries payment terms of 45 days by..

Next Story
Infrastructure Urban

PTC Secures BrahMos Order For Strategic Missile Subsystem

PTC Industries Limited has received a landmark order from BrahMos Aerospace Private Limited for development, integration and supply of a strategic missile sub-system for the BrahMos programme. The order marks the company’s first major assignment in systems-level integration and represents a strategic move further downstream in the aerospace and defence value chain. The award reflects BrahMos Aerospace's confidence in PTC’s engineering depth, manufacturing discipline, quality systems and execution capability. The development opens a new chapter as PTC transitions from supplying critical mat..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement