NEW DELHI: On Saturday, the Delhi Development Authority (DDA) launched the second phase of its housing initiative, ‘DDA Towering Heights,’ located in Karkardooma.
Supervised by NBCC, this premium residential project features a 48-storey tower, reaching a height of 155 metres, making it the tallest residential building in Delhi.
“The scheme includes 741 flats available for retail buyers on a First Come First Serve basis, along with 107 flats designated for bulk allocation to government bodies,” a DDA statement indicated.
DDA officials announced that the registration for flats will commence on January 8 and conclude in March of this year.
“A booking amount of Rs 4,00,000 will be required for each flat, with no cap on the number of flats an applicant can purchase in the retail category,” the statement also noted.
The price for the flats ranges from Rs 1.7 crore to Rs 2 crore.
“Currently, the flats are over 90% complete, and therefore, only 75% of the total cost will need to be paid by the allottees. The initial Demand-cum-Allotment Letter will reflect this 75% cost,” according to the DDA.
This marks the first housing project developed under Delhi’s Transit Oriented Development (TOD) policy. In the previous phase, the DDA offered 1,026 flats at the same location.
