Now Reading: DDA opens booking for 2,516 flats in Narela at Rs 14.95 lakh
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DDA opens booking for 2,516 flats in Narela at Rs 14.95 lakh
The Story in Brief
The Delhi Development Authority (DDA) will open booking for 2,516 flats in Narela under its Awas Nivesh Yojana 2026 from Tuesday, 20 October. The scheme offers a 25% discount on Low Income Group (LIG) flats, with prices starting at Rs 14.95 lakh. The flats are located in sectors G2 to G6, with 1,020 in pocket 3 and 1,496 in pocket 6, each about 49.90 square metres including common area.
Allocation will be on a first-come, first-served basis. Online booking opens at 12 noon on 20 October through the DDA housing portal. Applicants must deposit a booking amount of Rs 1 lakh and a one-time non-refundable registration fee of Rs 2,500. The DDA expects improved connectivity from the Rithala-Narela-Kundli metro corridor and proposed RRTS station, along with an education hub and sports complex, to boost residential demand in the area.
Indian Opinion Analysis
The discounted LIG flats target Delhi's lower-income buyers who have been priced out of the private market. By making the 14.95 lakh rate contingent on a 25% subsidy, the scheme caps the benefit to one income bracket and leaves middle-income groups unaddressed. The 'first come, first served' allocation and the non-refundable registration fee of Rs 2,500 will test genuine demand versus speculative booking. Connectivity improvements such as the Rithala-Narela-Kundli metro corridor remain proposed or under construction, so the area's long-term residential value depends on infrastructure delivery timelines that the DDA itself names as future prospects.
Source: tv9hindi.com
This brief was synthesised by AI from the source linked above. Methodology and corrections.
