Tag: DDA

IndustryLatest Stories

Reforms Boost DDA’s ₹1,500 Crore Plot E-Auction: Delhi Raj Niwas

NEW DELHI: The reforms implemented by Lt Governor V.K. Saxena have significantly increased the revenue of the Delhi Development Authority (DDA). The recent e-auction of plots has yielded bids that exceed the reserve price by more than double, according to a statement from Raj Niwas on Tuesday. The DDA received a total of ₹1,494.67 crore in bids against a reserve price of ₹629.19 crore for 81 plots encompassing residential, commercial, industrial, institutional, and group housing categories, auctioned from November 21 to 27. The industrial sector played a pivotal role, with 41 plots attracting the highest bids of ₹272.39 crore, which…

Latest StoriesResidential

Vasant Kunj Residents Protest Group Housing on Morphological Ridge

NEW DELHI: Residents of B-1, Vasant Kunj, protested at Jantar Mantar on Sunday against the approval of a group housing project proposed on the Morphological Ridge. The project received clearance from the Supreme Court-appointed Centre Empowered Committee, along with NoCs from DDA, MCD, the Airports Authority of India, and the Union Ministry of Environment, Forest and Climate Change, as well as the State Level Expert Appraisal Committee. Protesters carried placards that read “Our Air, Our Right — Not for Sale” and “Building Towers, Burying Lungs,” voicing their opposition to the plans for three 10-storey luxury towers with three-level basements on…

Latest StoriesResidential

DDA Begins Phase Two of Jan Sadharan Awaas Yojana

Representative image NEW DELHI: The Delhi Development Authority (DDA) has commenced the second phase of the Jan Sadharan Awaas Yojana housing scheme, providing approximately 1,500 affordable flats in well-connected districts of the city, officials announced on Saturday. Launched on November 7, the scheme targets the low-income group and economically weaker sections (EWS), with flats located in key areas like Shivaji Marg, Ramgarh Colony, Rohini, and Narela. “All flats in Rohini, Ramgarh Colony, and Shivaji Marg were booked on the first day,” the DDA stated. In the first 24 hours, over 1,000 flats were reserved, highlighting continued public enthusiasm and trust…

Latest StoriesResidential

Delhi: Signature View Residents to Start Receiving Rent in July 2023

NEW DELHI: The Delhi Development Authority (DDA) has greenlit facilitation fees for residents of Signature View Apartments, who vacated their homes due to significant structural damage. The compensation will assist with rent payments, set at ₹50,000 monthly for High-Income Group (HIG) flats and ₹38,000 for Medium-Income Group (MIG) apartments starting July 1, 2023, or from their vacating date, whichever is later. The compensation amount will increase by 10% annually, with the first revision on July 1, 2024, followed by adjustments in July 2025 and July 2026. In 2024, residents will receive ₹55,000 (HIG) and ₹41,800 (MIG); in 2025, this will…

Latest StoriesResidential

DDA, IIT-Delhi to Investigate Dwarka Apartment Structural Issue

NEW DELHI: The Delhi Development Authority (DDA) is teaming up with IIT Delhi to investigate the Triveni Apartments in Dwarka. The inspections are set to commence on Thursday to determine the cause of a recent “explosion-like” sound reported in the building, officials stated. The DDA confirmed, “In a prompt effort to identify the cause of the incident, IIT Delhi has been contracted and the consultancy fee for the inspection has been settled. They are expected to arrive soon.” Residents of the Dwarka Sector 16-B apartment complex voiced their concerns regarding the lack of immediate remedial actions after hearing the “explosion-like”…

IndustryLatest Stories

Panel to Review Delhi’s Settlements and Land Use Plans

Representative image Delhi’s land challenges, including contentious topics like the regularisation of unauthorised colonies and the implementation of a land pooling policy, are now under scrutiny by a parliamentary committee. The 31-member standing committee on housing and urban affairs is set to delve into three significant urban development and land matters concerning Delhi. Recently reconstituted, the panel has identified 23 issues for examination. Currently, the committee is assessing the implementation of prominent missions under the housing and urban affairs ministry. Among the 23 issues, three directly address Delhi’s land concerns, including the regularisation of unauthorised colonies, the status of the…

Latest StoriesResidential

Delhi: Signature View Apartments to be Manually Demolished

NEW DELHI: The Delhi Development Authority (DDA) has decided to demolish the Signature View Apartments in Mukherjee Nagar using a conventional floor-by-floor method rather than the implosion technique used on Noida’s Supertech twin towers. Officials revealed that experts deemed the building’s structural quality extremely poor, making it unsafe to drill into weak walls for the insertion of explosives. The complex consists of 10 towers with stilt plus 10 stories and two towers with stilt plus six stories, surrounded by the SFS Flats Society and other residential and commercial properties. The demolition is set to commence soon as the DDA finalizes…

Latest StoriesResidential

Delhi Residents Cannot Complain About DDA’s Housing Quality

NEW DELHI: Homebuyers will not be able to raise complaints regarding defects in the flats offered through the Delhi Development Authority’s (DDA) Towering Heights premium housing scheme in East Delhi, as per the terms outlined in the scheme. Earlier this month, the DDA introduced 1,026 premium 2 BHK flats starting at Rs 1.78 crore, developed under its Transit-Oriented Development (TOD) policy. According to the scheme’s brochure, available on its official site, section 18.4 states, “DDA shall also not entertain complaints about the price of the flat, its design, the quality of materials used, workmanship, or any other defects.” Allottees are…

Latest StoriesResidential

Delhi: 1,537 Flats Available in DDA Scheme

Representative image NEW DELHI: The Delhi Development Authority (DDA) is set to launch Phase II of the Jan Sadharan Awas Yojana on November 11, providing 1,537 affordable housing options for low-income groups (LIG) and economically weaker sections (EWS) across the city. The available flats are located in several of Delhi’s developing residential areas, including Shivaji Marg (Moti Nagar), Ramgarh Colony near Jahangirpuri Metro Station, and Rohini Sectors 34 and 35 along the Urban Extension Road–II. There are also units in Narela, Sector G6–G7, Pocket 11, close to the intended Rithala–Narela–Kundli Metro corridor. Starting at 12 PM on November 11, interested…

Latest StoriesRegulatory

Delhi HC Challenges DDA’s Retroactive GST on Property Conversion

NEW DELHI: A resident of Delhi has challenged the standard operating procedure (SOP) of the Delhi Development Authority (DDA) in the high court. This SOP retroactively imposes goods and service tax (GST) on the conversion of leasehold properties into freehold. This move from the DDA could affect property owners who converted their properties to freehold after the Central Goods and Services Tax (CGST) Act came into effect in 2017. The high court is set to hear the case on Friday. The petitioner, Mala Sahni Seth, has also included the Ministry of Finance, the Central Board of Indirect Taxes and Customs,…