Registration for DDA luxury house begins; check details here

The Delhi Development Authority has begun the registration process for the e-auction of its luxury apartments which will end on February 28. The third phase of the e-auction will start from March 5. The DDA luxury houses include penthouses in Dwarka sector 19B.

Registration Process

The participants will have to first register on the e-auction portal, eservices.dda.org.in, and pay Rs 2,500, which is non-adjustable and non-refundable, separately against each flat they wish to bid.

For registration, applicants will have to deposit a certain booking amount or EMD. The booking amount is Rs 15 lakh for HIG and Rs 25 lakh for penthouses, while it is Rs 10 lakh for MIG flats

DDA e-auction

The first round of e-auction for 296 apartments was carried out on January 5 in which 274 apartments were booked while the second round of e-auction for 707 apartments was conducted on February 5.

Also Read: DDA offers flats on discounted rates to woo potential buyers

The DDA is offering the flats as part of its Festival Special Housing Scheme 2023, where 32,000 flats have been put on sale under different categories including penthouses, Super HIG (higher income group), HIG, MIG (mid-income group), LIG (lower income group), and EWS (economic weaker section).

While Penthouses, Super HIG flats, and HIG flats along with MIG apartments are being offered though e-auction in different phases, the LIG and EWS flats are being allotted on a 'first come first serve' basis.

Here are the details of e-auction of luxury and mid-segment flats

DDA's Luxury flats

The DDA is offering three types of flats including penthouses, HIG flats and MIG flats on offer in the e-auction. Out of the 257 flats the Authority is offering as many as 123 HIG 3BHK flats and 132 2BHK MIG flats along with two luxury duplex penthouses. The DDA has constructed only 14 penthouses, out of which only two are left.

The reserve prices for a penthouse is kept at Rs 5 crore while for HIG apartments it is Rs 2.05 crore. The reserved price for MIG 2BHKs units is kept at Rs 1.2 crore.

Construction cost

The housing complex with 11 towers is constructed at an estimated cost of Rs 700 crore. The penthouses will also have terrace gardens, and the luxury housing complex in Sector 19B will have larger-than-usual green spaces. The 2BHK MIG flats are located in Dwarka sector 14.