DDA to Launch Premium Housing Scheme 2025 in August: 250 Flats and Garages Up for Grabs
The Delhi Development Authority (DDA) is gearing up to launch its Premium Housing Scheme 2025 in August, bringing to the market around 250 housing units and car/scooter garages. This scheme, approved at a meeting chaired by Lt Governor V.K. Saxena on July 11, aims to provide high-quality residential options in prime areas of Delhi.
The housing units are distributed across various categories, including HIG (Higher Income Group), MIG (Middle Income Group), LIG (Lower Income Group), EHS (Expandable Housing Scheme), and SFS (Special Facilities Scheme) Category-II. The units are located in prime areas such as Vasant Kunj, Dwarka, Rohini, Pitampura, Jasola, Ashoka Pahari, and others.
250 Housing Units and Car and Scooter Garages Under the Scheme
The scheme includes: - 39 HIG flats in Vasant Kunj, Jasola (Pocket 9B), and Dwarka (Sector 19B) - 48 MIG flats in Jahangirpuri, Nand Nagri, Dwarka, and Pitampura - 22 LIG flats in Rohini - 66 EHS flats in Pocket 9, Nasirpur, Dwarka - 2 SFS Category-II flats in Sector 18, Rohini and Shalimar Bagh - 16 car garages in Pitampura - 51 scooter garages across Mall Road and Ashok Vihar
Reserve Price of the Flats
The flats offered under the scheme vary in price across categories: - HIG flats have a reserved price ranging from ₹1.64 crore to ₹2.54 crore. - MIG flats are priced from ₹60 lakh to ₹1.5 crore. - LIG flats come with a reserve price ranging from ₹39 lakh to ₹54 lakh. - SFS Category-II flats are expected to be priced between ₹90 lakh and ₹1.07 crore. - Expandable Housing Scheme flats are priced at ₹38.7 lakh. - The car/scooter garages have a reserved price between ₹3.17 lakh and ₹43 lakh, depending on the type and location.
Transforming Delhi into a World-Class City
This scheme is a significant step in DDA’s ongoing efforts to transform Delhi into a world-class city equipped with high-quality urban infrastructure, inclusive housing options, and a well-balanced environment. The decision to launch this scheme was taken in a DDA meeting chaired by Lieutenant Governor V K Saxena on July 11.
In addition to the housing scheme, the DDA has also decided to drastically reduce amalgamation charges for commercial properties from the existing 10% of the circle rate to just 1%. This move is aimed at making underutilized commercial plots financially viable for developers to consolidate land and undertake large-scale projects.
'High amalgamation costs were among the biggest deterrents for developers in Delhi. This decision is expected to trigger a new wave of commercial development in the capital,' DDA's statement said. The change aims to align DDA’s property valuation more closely with market realities and make Delhi more competitive within the National Capital Region (NCR).
For years, developers have pointed to the stark difference in regulatory costs between Delhi and its neighboring cities as a key reason for shifting projects. This initiative is expected to boost the real estate market in Delhi, making it more attractive for both residents and investors.
Conclusion
The DDA’s Premium Housing Scheme 2025 is a promising development for the real estate market in Delhi. With a wide range of housing units and garages at competitive prices, it offers a variety of options for different income groups. The reduction in amalgamation charges for commercial properties is also a significant move that could spur further development and investment in the city.
