DDA Housing Scheme Online 2024: The Delhi Development Authority (DDA) has started the third phase of e-auction of its luxury apartments today (March 5). These include penthouses in Dwarka sector 19B. The registrations for the e-auction began on February 28. The first round of e-auction was for 296 apartments on January 5 in which 274 apartments were booked. In the second round of e-auction, 707 apartments were up for grabs when it was conducted on February 5.
Read more: Exicom Tele Systems IPO listing: Stock debuts at 87% premium over IPO price. Check all details here
DDA Housing Scheme Online 2024: Which flats are being offered?
The flats are part of DDA’s Festival Special Housing Scheme 2023 in which 32,000 flats have been put on sale under different categories: penthouses, Super HIG (higher income group), HIG, MIG (mid-income group), LIG (lower income group) and EWS (economic weaker section). In different phases, penthouses, Super HIG flats, and HIG flats along with MIG apartments are being offered though e-auction. LIG and EWS flats are being allotted on a 'first come first serve' basis.
Read more: Mukka Proteins IPO allotment: How to check status online, all details here
DDA Housing Scheme Online 2024: Number of flats in this e-auction
Under the scheme, as many as 257 apartments will be e-auctioned which are of three types – penthouses, HIG flats and MIG flats. In the auction, 123 HIG 3BHK flats and 132 2BHK MIG flats are being offered while two luxury duplex penthouses are included.
Read more: Purv Flexipack IPO listing: 266% premium over issue price. Check details here
DDA Housing Scheme Online 2024: What is the price?
The reserve prices for a penthouse is at ₹5 crore. For HIG apartments, the price is ₹2.05 crore while the reserved price for MIG 2BHKs units is at ₹1.2 crore.
DDA Housing Scheme Online 2024: Location of the flats
Read more: Platinum Industries IPO listing: Stock opens with 31.5% premium. Check details
{{/usCountry}}The reserve prices for a penthouse is at ₹5 crore. For HIG apartments, the price is ₹2.05 crore while the reserved price for MIG 2BHKs units is at ₹1.2 crore.
DDA Housing Scheme Online 2024: Location of the flats
Read more: Platinum Industries IPO listing: Stock opens with 31.5% premium. Check details
{{/usCountry}}The duplex penthouses and HIG apartments are located in Dwarka sector 19B. The housing complex was built with an estimated construction cost of ₹700 crore and has 11 towers.
DDA Housing Scheme Online 2024: What is the registration process
Participants will have to first register on the e-auction portal, eservices.dda.org.in and pay ₹2,500 separately against each flat they wish to bid for. For registration, applicants will have to deposit a certain booking amount which is ₹15 lakh for HIG, ₹25 lakh for penthouses and ₹10 lakh for MIG flats.