Delhi development body permits bulk purchase of flats by private firms

09 Feb 2024 CW Team

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.

Equipment

24 Oct 2025

SANY JP100 Sets Guinness World Record for Tallest Firefighting Water Jet

SANY Group announced that its Aerial Water Jet Fire Truck JP100 has set a Guinness World Record™ for “The Highest Water Jet from a Fire Truck (Prototype)” with a maximum height of 159.66 meters. The record was certified at the 21st China International Fire Protection Equipment Technology Conference & Exposition. The JP100 is the world’s first 5-axle Aerial Water Jet Fire Truck with a 100-meter boom. Its innovative design includes six telescopic and three folding boom sections, high- and low-pressure multi-stage centrifugal pumps delivering 50 L/s flow, and an integrated remote..

Resources

24 Oct 2025

Tolaram, Toyota Tsusho Explore Strategic Partnership in Africa

Tolaram Pte. and Toyota Tsusho Corporation have signed a Memorandum of Understanding (MoU) to explore a strategic partnership focused on Africa’s consumer and infrastructure sectors. Tolaram, with nearly 50 years of operations in Africa, has major investments in consumer goods manufacturing and large-scale infrastructure projects, including Lekki Port and the Lagos Free Zone in Nigeria. Toyota Tsusho, active in 54 African countries under the philosophy “WITH AFRICA FOR AFRICA,” brings expertise in mobility, healthcare, consumer products, and infrastructure development. Th..

Infrastructure Energy

24 Oct 2025

Crompton Wins Rs. 4.45 billion solar Rooftop Order

Crompton Greaves Consumer Electricals has secured its largest-ever solar rooftop order, valued at Rs. 4.45 billion, to equip over 40,000 households in Andhra Pradesh with 2 KW on-grid systems. This 77 MW project underscores the company’s rapid growth and execution capability in the renewable energy sector, just two months after entering the rooftop solar market. The initiative comes at a time when residential solar adoption in India is expanding rapidly, driven by affordability, grid integration, and declining system costs. Crompton will manage the project end-to-end, leveraging trained..