The housing needs of Delhi’s burgeoning population, the Delhi Development Authority (DDA) has introduced nearly 40,000 flats under three distinct schemes.This initiative is a strategic effort to reduce the authority’s unsold inventory while simultaneously catering to the increasing demand for affordable housing in the capital.
At a time when steep property prices are placing homeownership out of reach for many prospective buyers, the DDA’s offerings could provide much-needed relief. These flats are especially attractive due to their competitive pricing, with options starting as low as INR 11.5 lakh, making them accessible to a broad spectrum of buyers, particularly those in the Low-Income Group (LIG) and Economically Weaker Section (EWS).
The first scheme, DDA Sata Ghar Housing Scheme 2024, offers around 34,000 flats on a first-come, first-served basis. These units are strategically located in areas such as Ramgarh Colony, Sirsapur, Rohini, Narela, and Loknayakpuram in North West Delhi. Designed to meet the needs of LIG and EWS buyers, these flats are being sold at a discounted rate, further enhancing their affordability. The second scheme, DDA General Housing Scheme 2024, presents around 5,400 flats across High-Income Group (HIG), Middle-Income Group (MIG), and LIG categories. These units, located in prime areas like Jasola, Narela, and Loknayakpuram, are priced competitively, starting from INR 29 lakh.
These flats are being sold at 2023 rates, providing a buffer against the rising cost of real estate in the city. The DDA Dwarka Housing Scheme 2024 offers 173 flats in the rapidly developing sub-town of Dwarka. These units, priced from INR 1.28 crore and above, are available in sectors 14, 16B, and 19B of Dwarka. Catering to the MIG and LIG segments, these flats are also offered at a 15% discount, reflecting the DDA’s commitment to making homeownership more attainable in Delhi.
These ready-to-move-in, freehold properties are poised to attract considerable interest, particularly in a market where private developers are predominantly focused on high-end, luxury housing units priced upwards of INR 2 crore. By offering a range of affordable options, the DDA’s schemes are likely to appeal to a wide array of homebuyers, from first-time buyers to those seeking to upgrade their living conditions within a reasonable budget. By providing competitively priced flats in well-connected and desirable locations, the DDA is addressing a critical gap in the market, offering respite to those impacted by the city’s escalating property prices. These schemes not only promise to ease the pressure on Delhi’s real estate market but also signal a broader commitment to making affordable housing accessible to all.
