DDA Housing Scheme Online 2024: The Delhi Development Authority (DDA) started the third phase of e-auction of its luxury apartments on 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.

DDA Housing Scheme Online 2024: Which flats are being offered?

The flats were part of DDA’s Festival Special Housing Scheme 2023 in which 32,000 flats were 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 were offered through e-auction. LIG and EWS flats were allotted on a ‘first come first serve’ basis.

DDA Housing Scheme Online 2024: Number of flats in this e-auction

Under the scheme, a total of 257 apartments were e-auctioned, consisting of three types – penthouses, HIG flats, and MIG flats. In the auction, 123 HIG 3BHK flats and 132 2BHK MIG flats were offered, along with two luxury duplex penthouses.

DDA Housing Scheme Online 2024: What is the price?

The reserve price for a penthouse was set at ₹5 crore. For HIG apartments, the price was ₹2.05 crore, while the reserved price for MIG 2BHK units was set at ₹1.2 crore.

DDA Housing Scheme Online 2024: Location of the flats

The duplex penthouses and HIG apartments were located in Dwarka sector 19B. The housing complex had been built with an estimated construction cost of ₹700 crore and comprised 11 towers.

DDA Housing Scheme Online 2024: What is the registration process

Participants had to first register on the e-auction portal, eservices.dda.org.in, and pay ₹2,500 separately against each flat they wished to bid for. For registration, applicants had to deposit a certain booking amount, which was ₹15 lakh for HIG, ₹25 lakh for penthouses, and ₹10 lakh for MIG flats.