Delhi development body permits bulk purchase of flats by private firms
Real Estate

Delhi development body permits bulk purchase of flats by private firms

The Delhi Development Authority (DDA) has made a significant amendment to the DDA (Management and Disposal of Housing Estate) Regulations, 1968, allowing private companies to purchase DDA flats in bulk for various purposes such as hostels or staff quarters.

In a meeting held, the DDA granted permission for non-governmental legal entities to acquire built-up properties in bulk from the authority. According to a statement from the DDA, any private entity with a registered office or campus in the Delhi/NCR region is now eligible to buy residential flats from the DDA in bulk. These flats can be utilized for purposes such as residential staff quarters and hostels. The implementation of this policy is expected to foster the growth and development of private industrial, educational, and other sectors, particularly in emerging areas like Narela, contributing to the overall development of the city.

The DDA has also introduced discounts of up to 25% for MIG flats in Narela Sector A1-A4. As part of the ongoing First Come First Serve (FCFS) scheme, a 15% discount will be extended to the general public, while employees of Central Government, State Government, and Government Autonomous bodies will enjoy a higher discount of 25% on more than 440 flats in Sector A1-A4, Narela.

Sector A1-A4 boasts excellent connectivity with its proximity to GT Karnal Road, Urban Extension Road-II, and the proposed metro line. This incentive scheme is designed to enable both the middle class and government employees to realize their dream of owning a decent-sized flat in Delhi.

Furthermore, a 15% discount is being offered on 246 LIG flats in Ramgarh Colony, compared to the prices offered in the previous Special Housing Scheme 2021. These flats are well-connected to the Jahangirpuri Metro Station of DMRC, with a bus stop and the main road connecting Mukarba Chowk and Azadpur at a convenient walking distance.

The Delhi Development Authority (DDA) has made a significant amendment to the DDA (Management and Disposal of Housing Estate) Regulations, 1968, allowing private companies to purchase DDA flats in bulk for various purposes such as hostels or staff quarters. In a meeting held, the DDA granted permission for non-governmental legal entities to acquire built-up properties in bulk from the authority. According to a statement from the DDA, any private entity with a registered office or campus in the Delhi/NCR region is now eligible to buy residential flats from the DDA in bulk. These flats can be utilized for purposes such as residential staff quarters and hostels. The implementation of this policy is expected to foster the growth and development of private industrial, educational, and other sectors, particularly in emerging areas like Narela, contributing to the overall development of the city. The DDA has also introduced discounts of up to 25% for MIG flats in Narela Sector A1-A4. As part of the ongoing First Come First Serve (FCFS) scheme, a 15% discount will be extended to the general public, while employees of Central Government, State Government, and Government Autonomous bodies will enjoy a higher discount of 25% on more than 440 flats in Sector A1-A4, Narela. Sector A1-A4 boasts excellent connectivity with its proximity to GT Karnal Road, Urban Extension Road-II, and the proposed metro line. This incentive scheme is designed to enable both the middle class and government employees to realize their dream of owning a decent-sized flat in Delhi. Furthermore, a 15% discount is being offered on 246 LIG flats in Ramgarh Colony, compared to the prices offered in the previous Special Housing Scheme 2021. These flats are well-connected to the Jahangirpuri Metro Station of DMRC, with a bus stop and the main road connecting Mukarba Chowk and Azadpur at a convenient walking distance.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?