In a highly successful e-auction, the Delhi Development Authority (DDA) witnessed remarkable demand, with 274 apartments, including penthouses and super HIG flats, swiftly booked under the prestigious 'Diwali Special Housing Scheme - 2023.' Offering diverse options, especially in Dwarka, the scheme caters to discerning homeowners. Marked by intense bidding and premiums reaching 80%, this event reflects a robust market appetite for DDA properties. The resounding success of this e-auction, coupled with the ongoing 'first come, first serve' scheme, signifies the DDA's steadfast commitment to providing accessible and premium housing solutions in Delhi.
In a dynamic e-auction held last week, the Delhi Development Authority (DDA) witnessed remarkable booking of 274 apartments, including seven penthouses and 138 super HIG flats. The 'Diwali Special Housing Scheme - 2023' drew intense bidding, with premium rates soaring up to 80%, signalling a robust market appetite for DDA properties.
The e-auction, initiated on November 30, featured a diverse array of flats, including 129 MIG flats, 138 super HIG flats, and seven luxurious penthouses. DDA officials noted the "fierce competition" during the process, underscoring the high demand for these sought-after properties.
Dwarka's Sector 19B boasts 14 penthouses, while 170 super HIGs and 946 HIGs are distributed across various sectors. Sector 14 and Lok Nayak Puram house 316 and 647 MIGs, respectively, offering a range of options for potential homeowners.
The success of the e-auction highlights the efficiency of the 'Diwali Special Housing Scheme - 2023,' designed to streamline the acquisition of newly built or soon-to-be-completed flats through a comprehensive online platform. The last date for online registration and submission of earnest money deposit (EMD) was December 29, with final application submissions closing on January 1.
As the e-auction continues, the 'first come, first serve' scheme remains open until March 31. The locations covered under this scheme include Narela, Dwarka, and Lok Nayak Puram, providing ample opportunities for interested buyers.
The robust response to this housing initiative underscores the DDA's commitment to meeting the growing demand for quality housing in the capital. The scheme, approved by the DDA's highest decision-making body on November 16, stands to redefine accessibility to premium properties in Delhi.
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