The Delhi Development Authority on Saturday launched its housing scheme-2021. The scheme puts on sale of 1,354 flats that are located mainly in Dwarka, Jasola and Vasant Kunj areas. This includes Rs 2.1crore worth three-bedroom High Income Group (HIG) flats, the costliest to be put up for sale till date by the DD authority, located in south-east Delhi’s Jasola. A total of 254 flats in the HIG category are located in Jasola, Vasant Kunj, Rohini, Dwarka.

Of these 254 flats, 215 flats in Jasola have been put on sale for the first time, while the remaining are those that were returned by people in the previous housing schemes. The cost of HIG flats, measuring 87.9 sqm to 177.3 sqm in size, varies between Rs 69.62 lakh to Rs 2.14 crore.  DDA officials are optimistic that the 254 HIG flats in Jasola will find takers. Other than HIG flats, the DDA has put on sale 757 Middle Income Group (MIG) flats with two and three bedrooms in Dwarka, Rohini, Vasant Kunj, Janahgirpuri and Madipur. The flats spread over 64.04 sqm to 129.98 sqm, the cost of MIG flats varies between R40.64 lakh to R1.24 crore. Of the 757 flats, 711 are located in Dwarka sub-city one of the planned residential areas developed by the DDA. There are 291 flats for the Economically Weaker Section and 52 in the Lower Income Group (LIG) category in Dwarka and Rohini

However, Real estate experts say that the number of property transactions have increased in the past few months as property prices have gone down due to economic slowdown triggered by the Covid-19 pandemic. The last date to apply for the scheme is February 16 and senior DDA officials said that the draw of lots will be held in February end or first week of March.  DDA informed that the scheme will be launched online using the newly developed AWAAS software. The official added that all applications, payments and possession letters will be processed online. 

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