Delhi Development Authority auction for Phase-III on March 5, ET RealEstate

February 23, 2024
1 min read
Delhi Development Authority auction for Phase-III on March 5, ET RealEstate


<p>Representative Image</p>
Representative Image

NEW DELHI: Delhi Development Authority (DDA) will hold an auction for Phase III of its Diwali Special Housing Scheme on March 5.

The scheme is offering 257 flats in the penthouse, high-income and middle-income group categories in different sectors of Dwarka. “Two penthouses and 123 HIG flats are in Sector 19B and 132 MIG in Sector 14. The tentative reserve prices for them will be Rs 5 crore, Rs 2.1 crore and Rs 1.44 crore, respectively,” DDA stated.

While the last date of the registration for the e-auction and the submission of online earnest money deposit is Feb 28, the online auction will be on March 5. The deposits for MIG flats is Rs 10 lakh, HIG flats Rs 15 lakh and penthouse Rs 25 lakh. Participants will have to get themselves registered on the e-auction portal by paying Rs 2,500 each for every flat. This amount is non-adjustable and non-refundable, it added.

On Nov 23, DDA opened e-bookings for premium flats under the scheme, offering 2,093 flats and penthouses in Dwarka Sector 19B, Sector 14 and Loknayakpuram. It included 170 super HIG, 946 HIG and 14 penthouses in Dwarka 19B, 316 MIG in Sector 14 and 647 MIG in Loknayak Puram.

  • Published On Feb 23, 2024 at 09:41 AM IST

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