Delhi Development Authority to hold auction of plots meant for housing societies
In a move that promises to unlock land parcels in the capital and help create state-of-the-art housing at affordable rates, Delhi Development Authority (DDA) is going to hold an online auction of plots meant for allotment to group housing societies for the first time.
DDA has put on offer seven freehold plots, of which five are in Rohini and one each in Dwarka and Vishwas Nagar. From Tuesday, DDA will open a helpdesk for online registration for participation in the e-auction. The registration and submission for auction will end at 6pm on May 15.
Apart from the group housing society plots, DDA has also put on offer 76 institutional, 27 industrial, 33 commercial and 36 residential plots, apart from 125 built-up shops, 18 function sites, six restaurant units, 24 kiosks and 25 expandable Housing Scheme plots in its ‘mega e-auction’. The bidding for institutional, residential and function sites will take place on May 18, industrial and group housing society and built-up shops on May 19 and commercial, expandable housing scheme plot, kiosks, and restaurants on May 20.
At a meeting chaired by LG Anil Baijal in 2019, the proposal for auctioning residential plots meant for allotment to Group Housing Societies was approved.