A housing bonanza is in the offing for Delhi’s burgeoning population. Come April and the Delhi Development Authority (DDA) is likely to announce a new mega housing scheme, where approximately 8,000 flats will be up for a draw.
The houses are spread across the Capital in areas like Jasola, Narela, Vasant Kunj and Dwarka, among others. Of the 15,000 houses currently under construction, nearly 8,000 will be ready by June, senior officials said.
A three-month gap is usually preferred between the announcement of the scheme and the allotment of the houses, an official said. So since the houses will be ready for possession by June, the announcement is likely to be made three months ahead — by the next financial quarter.
More : expressindia.com
Send an E-Mail for Delhi Property Enquiry!
Related News from Delhi
Venturing where few private players have gone before, India's largest realty firm DLF is is planning to build one lakh affordable houses that would cost less than Rs 20 lakh in major cities across the country.
According to sources, the company is giving final touches to its strategy for development of these one lakh housing units in the next three years under a new brand and the sub-Rs 20 lakh price is expected to be inclusive of all charges.
Earlier this year, DLF's rival Unitech had announced entry into this segment as part of efforts to revive demand in the
Gufran HouseS is a location in Delhi in India. If you have seen Gufran HouseS , then write us a review comment or your experience about this site in Delhi. This site is to provide information to visitors to this place. Your comment about Gufran HouseS is important to us. Please provide you comment / review / article on Gufran HouseS in Delhi below.
Houses Of Chodharies is a location in Delhi in India. If you have seen Houses Of Chodharies , then write us a review comment or your experience about this site in Delhi. This site is to provide information to visitors to this place. Your comment about Houses Of Chodharies is important to us. Please provide you comment / review / article on Houses Of Chodharies A in Delhi below.
Leading realty player Parsvnath Developers said it sees no reason to offer lower prices for property on the back of an inflationary phase, which can further surge the costs of housing and commercial establishments.
Debunking the perception that real estate sector is in a slump, the company Chairman Pradeep Jain said it has raised the prices of its properties up to 39 per cent in the last six months on account of rising input costs.
Asked if there is any hope for prices to cool down, Jain said, There is
Unitech, the countrys second-largest property developer, recently offered two- and three-bedroom apartments of 1,200 sq ft and 1,500 sq ft respectively at its Uniworld City project at Noida. The company used to usually offer two-bedroom flats of 1,450 sq ft and three-bedroom ones of 1,900 sq ft. With interest rates rising and buyers withdrawing from the market, the company chose to reduce the size of its apartments instead of cutting prices.
Importantly, Unitech also tied up with HDFC to offer a scheme in which the equated monthly installment (EMI) begins 30 months from the date of booking at an agreed
