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Auction of premium flats started in Delhi. Government started selling them at cheap rates and that too without any interest.

by Amit Tripathi
September 26, 2024
Auction of premium flats started in Delhi. Government started selling them at cheap rates and that too without any interest.

If you have bought premium flats located in Dwarka 19B of Delhi Development Authority (DDA), then there is big news for you. DDA has extended the deadline for depositing the last installment of these flats from 28 September to 31 October. Now buyers have got more than a month to make the payment without interest.

Buyers got big relief

This decision is a big relief for allottees who were preparing to pay the remaining 25%. DDA has taken this decision in view of the requests of buyers and the finishing work going on in the flats. The scheme was sold through e-auction last year, and now buyers are getting additional time so that they can complete their outstanding payments without any additional cost.

Buyers raised questions

Buyers had expressed dissatisfaction over the lack of electricity, water connection, main entrance, security staff and development of recreational areas in the flats. DDA also acknowledged that some finishing work is still pending, and hence decided to extend the deadline. This extension has been done on the demand of allottees of flats from Tower A to K.

DDA’s e-auction received tremendous response

On the other hand, the e-auction held on Tuesday under DDA’s Dwarka Housing Scheme also received a tremendous response. Out of 173 flats, 10 flats and penthouses have been sold. These include one penthouse and three super HIG flats, which were sold at much higher than the reserve price.

The craze of e-auction increased

On Wednesday, 17 more flats were auctioned, including 12 HIG and 5 MIG flats. According to DDA officials, “All the flats have been sold at more than the base price.” More than 2,000 people have deposited EMD for this auction. The e-auction will run from September 24-26 and will be held from 11 am to 12 noon and from 3 pm to 4 pm.

Don’t miss your last chance!

For those who are planning to invest in premium flats in Delhi, this may be the last chance. These DDA flats and penthouses are not only in premium locations but are also equipped with the best facilities.

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