445 of the 656 apartments for sale are 2 BHK MIG apartments, and 211 are 1BHK LIG apartments. 2 BHK apartments in Narela typically cost between Rs 1 crore and Rs 1.02 crore, but after discounts, these units will only cost between Rs 75 lakh and Rs 87 lakh.
Registration for the more than 600 apartments in various categories that the Delhi Development Authority (DDA) has floated began on March 14, 2024, according to officials with knowledge of the situation. Prices for the apartments will vary between fifteen and twenty-five percent.
In addition, the Authority listed 1042 apartments in the lower income group (LIG) and higher income group (HIG) categories for sale at the previous rates.
According to officials, these two deals are a part of the Diwali Special Housing Scheme 2023, which is currently in progress and will sell apartments gradually. These apartments will be distributed according to the first come, first served (FCFS) rule.
According to a senior DDA official, the scheme offers flats at discounts of 15 and 25 percent for various categories, including the middle-income group (MIG) and lower-income group (LIG).
“Narela and Ramgarh Colony, which are close to Jahangirpuri, are the locations of these discounted 2BHK and 1BHK apartments. We are giving the general public a 15 percent discount and all government employees— including those in the federal, state, and local governments, autonomous organizations, PSUs, and DDA— a 25 percent price reduction,” the unnamed official stated.
The official went on to say that the goal of the action is to increase sales of mid-segment and affordable homes by clearing out inventory.
445 of the 656 apartments for sale are 2 BHK MIG units, and 211 are 1 BHK LIG units. After a discount, 2 BHK apartments in Narela will be available for between Rs 75 lakh and Rs 87 lakh, compared to their usual price range of Rs 1 crore to Rs 1.02 crore.
Similarly, the prices of LIG flats range from Rs 15.3 lakh to Rs 16.9 lakh, but after a discount, these flats will be available for Rs 13.1 lakh to Rs 14.5 lakh.
Furthermore, the 1042 apartments in Jasola, Siraspur, Rohini, and Loknayakpuram will be available at the previous prices. The remaining 1034 apartments in Jasola fall into the 1 BHK LIG category; only 8 HIG flats (3 BHK) are available under the scheme.
445 of the 656 apartments for sale are 2 BHK MIG units, and 211 are 1 BHK LIG units. 2 BHK apartments in Narela typically cost Rs 1 crore and Rs 1.02 crore, but after discounts, these units will only cost between Rs. 75 lakh and Rs. 87 lakh.
Similarly, LIG apartments have a price range of Rs 15.3 lakh to Rs 16.9 lakh; however, after a discount, these apartments will only cost Rs 13.1 lakh and Rs 14.5 lakh.
In addition, the 1042 flats in Jasola, Rohini, Siraspur, and Loknayapuram are available at previous rates. The scheme only offers 8 HIG flats (3 BHK) in Jasola; the remaining 1034 apartments fall into the 1 BHK LIG category.
These apartments have prices ranging from Rs 14 lakh to Rs 2.18 crore. According to officials, all these apartments are available on an FCFS basis.
