The Delhi Development Authority (DDA) has announced an auction for Phase III of its Diwali Special Housing Scheme, offering 257 flats in the penthouse, high-income, and middle-income group categories across different sectors of Dwarka. The auction, scheduled for March 5, includes two penthouses and 123 HIG flats in Sector 19B, as well as 132 MIG flats in Sector 14. The reserve prices for these flats are tentatively set at Rs 5 crore, Rs 2.1 crore, and Rs 1.44 crore, respectively.
Registration for the DDA Diwali Special Housing Scheme Phase III auction and submission of online earnest money deposit are open until Feb 28, with the auction taking place online on March 5. The earnest money deposit required is Rs 10 lakh for MIG flats, Rs 15 lakh for HIG flats, and Rs 25 lakh for penthouses. Participants must register on the e-auction portal by paying Rs 2,500 for each flat, with this amount being non-adjustable and non-refundable.
Previously, on Nov 23, DDA had opened e-bookings for premium flats under the scheme, offering a total of 2,093 flats and penthouses in Dwarka Sector 19B, Sector 14, and Loknayakpuram. This included 170 super HIG, 946 HIG, and 14 penthouses in Dwarka 19B, 316 MIG in Sector 14, and 647 MIG in Loknayak Puram.
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