DDA offers flats on discounted rates to woo potential buyers

The Delhi Development Authority is offering its Middle Income Group (MIG) flats in Narela’s Sector A1 to A4 at a discounted rate.

Discounted Rate

As per the discounted rate, general public can avail a 15% discount, while employees of central government, state government, and government autonomous bodies will be offered a 25% discount on these flats.

The DDA has also announced that it will allow non-governmental legal entities to purchase its properties in bulk. By this, any private entity with a registered office in Delhi-NCR can purchase flats in bulk. These flats can be used as residential staff quarters or hostels.

“Sector A1-A4 is well connected with its proximity to the GT Karnal Road, Urban Extension Road-II and the proposed Metro line. This incentive scheme will enable the middle class as well as government employees to fulfill their dreams of owning a decent-sized flat in Delhi,” DDA officials said.

Also Read: DDA Diwali Housing Scheme: Check application process, price, flat sizes and who can avail it

In a statement, DDA further mentioned that this policy will enable the growth and development of private, industrial, educational and other sectors in upcoming areas like Narela.

Similarly, 246 Lower Income Group flats in Ramgarh colony will be offered at a 15% lower price — ranging between Rs 14 lakh and Rs 15 lakh – under the First Come First Serve (FCFS) programme of the Diwali Special Housing Scheme 2023.