NEW DELHI: The Delhi Development Authority (DDA) reported a remarkable revenue of ₹1,020 crores from housing sales in the first quarter of the current fiscal year, as stated by officials on Thursday.
This revenue represents a significant increase from the previous year, which saw sales of only ₹462 crores.
The DDA noted that “Robust demand for housing across all segments led to the sale of 1,284 flats during this period, contributing to the ₹1,020 crores in revenue. This indicates a growing confidence among the public in our housing initiatives.”
The surge in revenue is attributed to a consistent focus on re-envisioning the sub-cities developed by the DDA, spearheaded by LG Taranjit Singh Sandhu. This strategy has notably enhanced housing sales in Q1 of the Financial Year 2026-27.
“Narela has played a pivotal role in this achievement, with 1,153 flats sold, accounting for nearly 90% of total sales, underscoring its rising profile as a favored residential locale,” noted the DDA in a statement.
Ongoing infrastructure developments by the DDA, such as the Urban Extension Road-II (UER-II) and the upcoming Rithala-Narela-Kundli Metro corridor, are also enhancing connectivity in the area.
The DDA is currently running several housing schemes, including the DDA Karmayogi Awaas Yojana, DDA Nagrik Awaas Yojana, and DDA Towering Heights in East Delhi, catering to various income groups.
These schemes have been extended until July 31, 2026, on a first-come, first-served basis, and buyers can conveniently purchase flats online.
During this quarter, 336 flats were sold to economically weaker sections, 322 to low-income groups, 435 to middle-income groups, and 191 to high-income groups, with middle-income group sales representing 34% of the total.
