DDA's E-auction For Flats Begins

3055 participants have fulfilled the requirement...

On Friday, 05 January 2024, the Delhi Development Authority is ready to commence an e-auction at 11 am for the allocation of 2093 newly constructed, high-quality flats.

These ready flats, some of which are nearing completion and will be available for possession, are located in Dwarka (Sectors 19b and 14) and Loknayakpuram, New Delhi.

The e-auction falls under the "Diwali Special Housing Scheme 2023," facilitating the disposal of such prime flats.

The DDA launched the Diwali Special Housing Scheme 2023 (e-auction) on November 30, 2023, for which the last date of EMD submission was December 29, 2023, and the final submission date of the application was January 1, 2024.

The e-auction process will have a total of 3055 participants who have paid the EMD charges for the flats.

As per the December 2023 DDA notification, individuals seeking to participate in the bidding process were obligated to submit Earnest Money Deposit (EMD) charges for the respective flats.

These charges amounted to Rs. 10 lakhs for MIG-2BHK, Rs. 15 lakhs for HIG-3BHK, Rs. 20 lakhs for Super HIG-4BHK, and Rs. 25 lakhs for Penthouse-5BHK.

As outlined in the e-services notification from DDA, the e-auction for penthouses and MIG flats is scheduled to commence on January 5 at 11 a.m. and conclude at noon.

The HIG e-auction will take place from 3 to 4 p.m. Additionally, the e-auction for HIG flats will be on January 6 in two sessions: from 11 a.m. to 12 p.m. and from 3 pm to 4 pm.