HomeNewsBusinessReal EstateDDA expected to launch housing scheme for 23,000 flats in June

DDA expected to launch housing scheme for 23,000 flats in June

Applications will be invited once the agency approves the scheme and the price will be decided just before the launch.

May 29, 2023 / 10:41 IST
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For representational purpose
DDA, the agency designated to manage land and build houses in the national capital, has an inventory of about 40,000 unsold flats in Narela, Dwarka, and Jasola.

The Delhi Development Authority (DDA) is likely to launch its housing scheme for 2023 in June, offering about 23,000 newly-constructed flats for those from the lower income group and economically weaker sections, officials have said.

Most of the flats in the new housing scheme are located in Narela. The flats will be allotted through a computerised draw of lots, they said.

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“The housing scheme will be launched only after it is approved in the Authority meeting. This scheme was earlier to be launched in May but this month the authority could not meet and the meeting is likely in June. So the housing scheme for 23,000 flats is now expected to be launched in June,” Vijender Gupta, a member of the DDA, told Moneycontrol.

After approval, the scheme will be launched and the DDA will invite applications. The price of the flats will be finalised just before the formal launch.