The Delhi Development Authority will on March 5 hold an e-auction for Phase III of its Diwali Special Housing Scheme, offering 257 flats in various categories, officials said on Friday.
This phase of the scheme was launched on February 19. It offers 257 flats in the penthouse, high-income and middle-income group categories in different sectors of Dwarka.
According to a February 16 official circular on the e-auction of flats, two penthouses and 123 high-income group category flats are in Sector 19B while 132 middle-income group category flats are in Sector 14.
The tentative reserve prices for them will be Rs 5 crore, Rs 2.02 crore to Rs 2.19 crore and Rs 1.25 to Rs 1.42 crore, respectively.
The last date to register for the e-auction and submit an online earnest money deposit (EMD) is February 28. The e-auction will be held on March 5, the DDA said.
The deposit for middle-income group category flats is Rs 10 lakh, high-income group flats Rs 15 lakh and penthouses Rs 25 lakh. Participants will have to get themselves registered on the e-auction portal by paying Rs 2,500 (including GST) for each flat they wish to bid for.
This amount is non-adjustable and non-refundable.
The DDA on last November approved the launching of 'Festival Special Housing Scheme 2023', with more than 32,000 flats of different categories at various locations such as Dwarka, Lok Nayak Puram and Narela.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Featured Video Of The Day
Madrasas In UP Can Function, Top Court Says High Court Erred In Judgment
Court Blasts Delhi Development Body For "Harassing" Woman For 30 Years Draft Delhi Master Plan 2041's Second Hearing Of Board Of Enquiry On October 20 Panel To Look Into Proposed Amendment In Procedure For Allotment Of ''Religious'' Plots In Delhi "Government Can't Take Over...": Big Supreme Court Order On Private Property Who Will Win US Election 2024? AI Makes Stunning Predictions "Can We Castigate...": An Objection To Chief Justice's Remark On Past Judge Iranian Satellites Among Dozens Launched On Board Russia's Soyuz Rocket Weight Loss Tips: These Winter Foods Can Help You Achieve Your Ideal Weight US Elections: How George Washington Became The First President Of America Track Latest News Live on NDTV.com and get news updates from India and around the world.